UNION TOBACCO & CIGARETTE INDUSTRIES Financial
Trading Information in the Regular Market
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
| Closing Price (JD) | 1.65 | 1.37 | 1.47 |
| Value Traded (JD) | 37,237,592 | 13,904,459 | 26,939,616 |
| No. of Shares Traded | 27,529,376 | 9,403,003 | 10,439,078 |
| No. of Transactions | 8,870 | 9,271 | 12,944 |
| No. of Subscribed Shares | 15,083,657 | 15,083,657 | 15,083,657 |
| Market Capitalization (JD) | 24,888,034 | 20,664,610 | 22,172,976 |
| Fiscal Year Ended | 31/12/2020 | 31/12/2019 | 31/12/2018 |
Assets (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash on Hand & at Banks | 543,588 | 753,229 | 352,072 |
| Accounts Receivable, Net | 13,157,009 | 5,775,099 | 20,589,665 |
| Notes Receivable | 0 | 0 | 0 |
| Post Dated Cheques | 0 | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 |
| Inventory | 6,589,328 | 6,620,089 | 10,741,056 |
| Spare Parts | 2,105,864 | 2,108,699 | 0 |
| Total Current Assets | 25,608,207 | 18,609,355 | 34,548,054 |
| Long Term Investments | 17,927,482 | 15,380,506 | 7,970,204 |
| Fixed Assets, Net | 13,004,130 | 14,320,392 | 15,921,211 |
| Lands | 514,219 | 514,219 | 514,219 |
| Projects in Progress | 17,520,706 | 16,095,890 | 7,799,219 |
| Total Fixed Assets | 31,039,055 | 30,930,501 | 24,234,649 |
| Other Assets | 49,194 | 98,386 | 12,389 |
| Total Assets | 74,623,938 | 65,018,748 | 66,765,296 |
Liabilities (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Accounts and Notes Payable | 36,081,767 | 24,825,187 | 23,913,682 |
| Credit Banks | 58,868 | 68,972 | 243,869 |
| Short Term Loans | 0 | 0 | 0 |
| Accrued Part of Long Term Loans | 4,819,158 | 5,202,884 | 5,254,294 |
| Total Current Liabilities | 50,075,645 | 37,345,239 | 35,531,013 |
| Long Term Loans & Notes Payable | 15,772,888 | 12,528,494 | 12,143,478 |
| Corporate Bonds | 0 | 0 | 0 |
| Other Liabilities | 0 | 53,175 | 0 |
| Total Liabilities | 65,848,533 | 49,926,908 | 47,674,491 |
Income Statement (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenues | 5,691,801 | 5,143,457 | 4,016,340 |
| Operating Expenses | 7,360,029 | 5,961,283 | 2,615,171 |
| Gross Profit | -1,668,228 | -817,826 | 1,401,169 |
| General and Administrative Expenses | 2,513,756 | 1,474,118 | 1,632,730 |
| Selling and Distribution Expenses | 338,891 | 580,400 | 1,396,881 |
| Depreciation (Period) | 1,608,589 | 1,717,718 | 1,438,081 |
| Other Operating Expenses | 3,338,952 | 2,582,449 | 2,651,517 |
| Net Operating Income | -7,859,827 | -5,454,793 | -4,279,959 |
| Other Revenues | 710,000 | 3,073,761 | 1,757,956 |
| Other Expenses | 9,296 | 144,760 | 263,595 |
| Income Before Interest & Tax | -7,159,123 | -2,525,792 | -2,785,598 |
| Interest Expenses | 1,269,076 | 1,433,563 | 1,764,545 |
| Net Income Before Tax | -8,428,199 | -3,959,355 | -4,550,143 |
| Income Tax (Period) | 0 | 0 | 0 |
| Income Tax (Previous Years) | 0 | 0 | 0 |
| Universities and Research Train Fees | 0 | 0 | 0 |
| Board of Directors Remuniration | 0 | 0 | 0 |
| Net Income | -8,428,199 | -3,959,355 | -4,550,143 |
| Non-controlling Interest | 0 | 0 | 0 |
| Net Income Pertains to Shareholders | -8,428,199 | -3,959,355 | -4,550,143 |
Cash Flow (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash Balance (Beginning) | 684,257 | 108,203 | -47,717 |
| Net Cash Flow from (Used in) Operating Activities | 2,738,129 | 17,507,619 | 10,577,566 |
| Net Cash Flow from (Used in) Investing Activities | -2,103,163 | -15,730,257 | -6,890,733 |
| Net Cash Flow from (Used in) Financing Activities | -834,503 | -1,201,308 | -3,530,913 |
| Cash Balance (Ending) | 484,720 | 684,257 | 108,203 |
Financial Ratios
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Turnover Ratio % | 182.511 | 62.339 | 69.208 |
| Earning Per Share (JD) | -0.559 | -0.263 | -0.302 |
| Dividend Per Share (JD) | 0.000 | 0.000 | 0.000 |
| Book Value Per Share (JD) | 0.582 | 1.001 | 1.266 |
| Price Earnings Ratio (Times) | -2.953 | -5.219 | -4.873 |
| Dividend Yield % | 0.000 | 0.000 | 0.000 |
| Dividend Per Share to Earning Per Share % | 0.000 | 0.000 | 0.000 |
| Price to Book Value (Times) | 2.836 | 1.369 | 1.161 |
| Gross Margin % | -29.309 | -15.900 | 34.887 |
| Margin Before Interest and Tax % | -125.780 | -49.107 | -69.357 |
| Profit Margin % | -148.076 | -76.979 | -113.291 |
| Return On Assets % | -11.294 | -6.090 | -6.815 |
| Return On Equity % | -96.043 | -26.235 | -23.834 |
| Debt Ratio % | 88.241 | 76.789 | 71.406 |
| Equity Ratio % | 11.760 | 23.212 | 28.594 |
| Interest Coverage Ratio (Times) | -5.641 | -1.762 | -1.579 |
| Total Assets Turnover (Times) | 0.076 | 0.079 | 0.060 |
| Fixed Assets Turnover (Times) | 0.183 | 0.166 | 0.166 |
| Working Capital Turnover (Times) | -0.233 | -0.275 | -4.086 |
| Current Ratio (Times) | 0.511 | 0.498 | 0.972 |
| Working Capital (JD) | -24,467,438.000 | -18,735,884.000 | -982,959.000 |