Saudi Ceramic Company SJSC

The company maintains a debt-to-equity ratio of 0.55, indicating a moderate reliance on debt financing, and a current ratio of 1.42, suggesting adequate short-term liquidity to cover obligations. Free cash flow of SAR 193.28 million and operating cash flow of SAR 115.68 million support operational flexibility, though net cash is negative after subtracting total debt. Profitability metrics show a return on equity of 11.63% and a return on assets of 6.41%, both above the industry median for construction supplies firms. Operating income of SAR 97.48 million and a gross margin of 28.84% (calculated from SAR 429.78 million gross profit on SAR 1.49 billion revenue) indicate strong cost control and pricing power. The company operates as a single business segment, with all revenue derived from the Middle East region. This geographic concentration exposes the firm to regional economic cycles and regulatory shifts, particularly in Saudi Arabia where construction demand is heavily influenced by public infrastructure projects. Revenue of SAR 1.49 billion in the latest period reflects a stable growth trajectory, though no specific year-over-year growth rate is disclosed. Analysts have assigned a consensus price target of SAR 28.80, with a "Hold" recommendation, suggesting limited upside potential in the near term. The risk profile includes medium liquidity risk due to negative net cash and a low dilution risk, as shares outstanding remain unchanged between basic and diluted counts. No recent equity issuance or dilutive events are reported, and the company has not disclosed plans for a new share offering. Recent filings and transcripts are not available in the provided data, but the company's financial statements show consistent operating cash flow and a manageable debt load. No material legal or regulatory issues are disclosed in the latest financial snapshot.