Saudi Arabian Amiantit Company SJSC

The company's capital structure is characterized by a debt-to-equity ratio of 0.31, indicating a relatively conservative leverage position. However, the liquidity risk is assessed as medium, with negative net cash after subtracting total debt, suggesting potential short-term liquidity constraints. The current ratio of 1.3 implies the company has sufficient current assets to cover its current liabilities, but not with a large margin of safety.

Profitability metrics show a return on equity (ROE) of 0.56% and a return on assets (ROA) of 0.24%, both of which are below the typical thresholds for industrial machinery and equipment firms. These figures suggest the company is underperforming in terms of generating returns relative to its equity and asset base.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and sector-specific risks. The most recent revenue figure stands at SAR 195.27 million, with a disclosed analyst estimate of SAR 820.6 million for the last actual revenue, indicating a significant discrepancy that may reflect seasonal or reporting period differences.

Looking ahead, the company's growth trajectory is uncertain. The most recent financial data does not provide a clear forward-looking revenue outlook, and the operating cash flow is negative at SAR -66.10 million, which may constrain future growth initiatives. The capital expenditure of SAR -5.96 million suggests limited investment in new projects or capacity expansion.

The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's free cash flow of SAR 12.20 million provides some flexibility, but the negative operating cash flow and limited cash reserves may pose challenges in maintaining operations without external financing. No significant dilution sources were identified in the recent filings or disclosures.

Recent events and filings do not indicate any major corporate actions or strategic shifts. The company's financial performance and risk profile remain largely unchanged from the most recent reporting period.

Revenue grew 22.7% year-over-year to SAR 848.3 million, demonstrating strong top-line expansion momentum.

Net income surged 663.2% to SAR 439.8 million, marking a significant turnaround from prior losses.

Free cash flow improved 780.8% to SAR 460.3 million, highlighting robust cash generation capabilities.

Debt-to-equity ratio of 0.31 is below the 0.20 cohort median, suggesting a conservative leverage profile.

Return on equity of 0.56% lags the 3.56% industry median, signaling weak capital efficiency.

The company faces high credit risk, posing potential challenges to financial stability and lending.

Cash conversion of -12.92% ranks in the bottom quartile, reflecting poor cash flow quality.

Medium liquidity risk suggests potential difficulties in meeting short-term financial obligations promptly.

Revenue SAR 95.9M, −47,5% YoY; Net income −614,3% YoY.

• ▍Revenue SAR 95.9M, −47,5% YoY
• ▍Net income −614,3% YoY
• ▍Net margin -57.2%

Revenue SAR 169.3M, −28,3% YoY; Operating income −106,7% YoY.

• ▍Revenue SAR 169.3M, −28,3% YoY
• ▍Operating income −106,7% YoY
• ▍Net income −20,8% YoY
• ▍Free cash flow −8,7% YoY
• ▍Net margin -37.4%

Revenue SAR 170.8M, −21,2% YoY; Operating income −307,2% YoY.

• ▍Revenue SAR 170.8M, −21,2% YoY
• ▍Operating income −307,2% YoY
• ▍Net income −140,3% YoY
• ▍Free cash flow −123,8% YoY
• ▍Net margin -3.0%

Revenue SAR 168.2M, −13,8% YoY; Operating income −202,0% YoY.

• ▍Revenue SAR 168.2M, −13,8% YoY
• ▍Operating income −202,0% YoY
• ▍Net income −496,5% YoY
• ▍Free cash flow −247,2% YoY
• ▍Net margin -12.1%

Revenue SAR 236.0M; Operating income SAR 609.6M.

• ▍Revenue SAR 236.0M
• ▍Operating income SAR 609.6M
• ▍Net margin -22.2%

Revenue SAR 691.1M, −18,5% YoY; Operating income −116,5% YoY.

• ▍Revenue SAR 691.1M, −18,5% YoY
• ▍Operating income −116,5% YoY
• ▍Net income −117,8% YoY
• ▍Free cash flow −114,7% YoY
• ▍Net margin -11.3%

Revenue SAR 719.0M, +41,3% YoY; Operating income −12,5% YoY.

• ▍Revenue SAR 719.0M, +41,3% YoY
• ▍Operating income −12,5% YoY
• ▍Net income −1 889,0% YoY
• ▍Free cash flow −936,2% YoY
• ▍Net margin -24.3%

Revenue SAR 508.8M, +15,9% YoY; Operating income +93,1% YoY.

• ▍Revenue SAR 508.8M, +15,9% YoY
• ▍Operating income +93,1% YoY
• ▍Net income +94,9% YoY
• ▍Free cash flow +111,9% YoY
• ▍Net margin -1.7%

Revenue SAR 438.9M; Operating income -SAR 148.2M.

• ▍Revenue SAR 438.9M
• ▍Operating income -SAR 148.2M
• ▍Net margin -39.0%