Development and Engineering Consultants Co SAE

The company maintains a liquidity position with a current ratio of 1.36, indicating moderate short-term solvency, and holds EGP 352.03 million in cash and equivalents. However, its operating cash flow is negative at EGP -266.48 million, and free cash flow is limited at EGP 18.79 million, suggesting reliance on non-operational cash flows to fund operations. Profitability metrics show a return on equity of 7.46% and a return on assets of 1.34%, both below the industry median for Construction & Engineering firms. The company’s operating income of EGP 6.91 million and net income of EGP 53.12 million reflect modest profitability, with a debt-to-equity ratio of 0.69 indicating moderate leverage. The company’s revenue is concentrated in real estate and engineering services, with no disclosed geographic diversification. All operations are based in Egypt, exposing the firm to local economic and regulatory risks. Revenue growth is constrained, with no disclosed historical growth rates or forward-looking guidance. The company’s capital expenditure of EGP -46.35 million suggests a reduction in investment, potentially signaling a slowdown in project development. Risk factors include medium liquidity risk due to negative operating cash flow and a net cash position that is negative after subtracting total debt. Dilution risk is low, with no near-term pressure from share issuance or convertible debt. Recent filings indicate a last actual EPS of -0.72 EGP, reflecting a loss per share, and no recent transcripts or press releases have been disclosed to provide further insight into operational performance.