Anaam Holding posts lower net loss at SAR 11.9m in I3 of 2014

Anaam Holding posts lower net loss at SAR 11.9m in I3 of 2014

30/09/2014 Argaam Exclusive

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Anaam International Holding Group, reported SAR 11.9m net loss at the end of the first nine months of 2014, compared to SAR 21.0m in the same period last year, as shown in the following table:



Financials (M)

Item 9m 2013 9m 2014 Change‬
Revenues 162.85 89.49 (45.0 %)
Gross Income 12.03 7.29 (39.4 %)
Operating Income (15.58) (10.36) 33.5 %
Net Income (21.02) (11.90) 43.4 %
Average Shares 617.32 617.32 -
EPS (Halala) (3.40) (1.93) 43.4 %


Current Quarter Comparison (M)

Compared With The
Item Q3 2013 Q3 2014 Change‬
Revenues 57.71 32.03 (44.5 %)
Gross Income 2.87 2.62 (8.7 %)
Operating Income (4.23) (0.57) 86.6 %
Net Income (7.53) (2.59) 65.6 %
Average Shares 617.32 617.32 -
EPS (Halala) (1.22) (0.42) 65.6 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2005 57.66 (55.3 %) (0.40) 96.9 % (4.38) 79.0 %
Q2 2005 35.13 12.2 % 0.20 101.0 % (3.67) 87.0 %
Q3 2005 23.78 (58.1 %) 0.52 (97.2 %) (4.30) (131.5 %)
Q4 2005 46.99 1.2 % (8.96) (3,543.1 %) (23.63) (345.3 %)
Q1 2006 27.90 (51.6 %) (0.86) (116.5 %) (4.95) (13.2 %)
Q2 2006 24.79 (29.4 %) (3.05) (1630.7 %) (22.62) (515.9 %)
Q3 2006 41.42 74.2 % (1.69) (423.8 %) (6.76) (57.3 %)
Q4 2006 26.04 (44.6 %) (5.51) 38.6 % 2.06 108.7 %
Q1 2007 22.67 (18.8 %) 2.44 382.4 % (2.14) 56.7 %
Q2 2007 11.76 (52.6 %) 0.91 130.0 % (2.16) 90.5 %
Q3 2007 23.77 (42.6 %) 4.20 348.5 % 1.19 117.6 %
Q4 2007 30.03 15.3 % 7.06 228.2 % 3.60 75.3 %
Q1 2008 20.14 (11.2 %) 2.70 10.7 % (0.93) 56.7 %
Q2 2008 24.90 111.7 % 3.24 254.8 % (0.45) 79.1 %
Q3 2008 30.50 28.3 % 5.09 21.2 % 1.80 51.0 %
Q4 2008 37.58 25.1 % 4.74 (32.8 %) 0.72 (80.1 %)
Q1 2009 20.29 0.7 % 1.27 (52.9 %) (2.38) (156.0 %)
Q2 2009 21.21 (14.8 %) 4.79 47.8 % 0.51 212.2 %
Q3 2009 18.90 (38.0 %) 4.63 (9.0 %) 1.55 (13.8 %)
Q4 2009 13.60 (63.8 %) 1.57 (67.0 %) (1.06) (247.6 %)
Q1 2010 18.66 (8.0 %) 2.06 61.5 % (1.44) 39.2 %
Q2 2010 31.84 50.1 % 4.20 (12.3 %) 0.21 (58.0 %)
Q3 2010 42.23 123.5 % 6.06 30.8 % 2.87 84.7 %
Q4 2010 56.98 319.0 % 9.26 491.6 % 1.98 287.3 %
Q1 2011 55.33 196.4 % 4.76 131.5 % 0.12 108.4 %
Q2 2011 61.65 93.6 % 6.55 56.1 % 1.09 411.7 %
Q3 2011 63.81 51.1 % 9.24 52.4 % 3.56 24.3 %
Q4 2011 44.65 (21.6 %) 3.49 (62.3 %) (3.93) (298.4 %)
Q1 2012 45.84 (17.1 %) 7.19 51.1 % 0.43 251.6 %
Q2 2012 51.56 (16.4 %) 9.43 44.0 % 1.87 71.7 %
Q3 2012 56.32 (11.7 %) 16.06 73.9 % 7.89 121.6 %
Q4 2012 43.71 (2.1 %) 5.54 58.6 % (2.93) 25.4 %
Q1 2013 52.40 14.3 % 3.84 (46.7 %) (4.78) (1213.3 %)
Q2 2013 52.74 2.3 % 5.32 (43.6 %) (6.58) (451.7 %)
Q3 2013 57.71 2.5 % 2.87 (82.2 %) (4.23) (153.5 %)
Q4 2013 29.20 (33.2 %) (12.89) (332.9 %) (31.46) (973.9 %)
Q1 2014 28.90 (44.8 %) (2.10) (154.7 %) (8.79) (84.1 %)
Q2 2014 28.56 (45.9 %) 6.77 27.3 % (1.00) 84.8 %
Q3 2014 32.03 (44.5 %) 2.62 (8.7 %) (0.57) 86.6 %


Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2005 (8.11) 73.8 % (1.32) - (8.11) (0.01)
Q2 2005 (3.21) 88.2 % (0.52) - (3.21) (0.01)
Q3 2005 (4.68) (140.5 %) (0.76) - (4.68) (0.01)
Q4 2005 (20.01) (1140.3 %) (3.26) - (20.01) (0.03)
Q1 2006 (6.11) 24.7 % (1.00) - (6.11) (0.01)
Q2 2006 (31.52) (880.9 %) (5.13) - (31.52) (0.05)
Q3 2006 8.90 290.3 % 1.45 - 8.90 0.01
Q4 2006 (292.05) (1,359.9 %) (47.57) (277.35) (14.71) (0.02)
Q1 2007 (6.31) (3.2 %) (1.03) - (6.31) (0.01)
Q2 2007 1.14 103.6 % 0.19 - 1.14 0.00
Q3 2007 1.84 (79.3 %) 0.30 - 1.84 0.00
Q4 2007 9.58 103.3 % 1.56 - 9.58 0.02
Q1 2008 4.46 170.7 % 0.73 - 4.46 0.01
Q2 2008 1.04 (9.3 %) 0.17 - 1.04 0.00
Q3 2008 0.72 (60.8 %) 0.12 - 0.72 0.00
Q4 2008 (1.02) (110.6 %) (0.17) - (1.02) 0.00
Q1 2009 (2.73) (161.2 %) (0.44) - (2.73) 0.00
Q2 2009 0.58 (44.6 %) 0.09 - 0.58 0.00
Q3 2009 0.92 28.2 % 0.15 - 0.92 0.00
Q4 2009 (6.77) (566.2 %) (1.10) - (6.77) (0.01)
Q1 2010 0.24 108.7 % 0.04 - 0.24 0.00
Q2 2010 4.90 752.9 % 0.80 - 4.90 0.01
Q3 2010 2.18 136.1 % 0.36 - 2.18 0.00
Q4 2010 3.95 158.3 % 0.64 5.23 (1.29) 0.00
Q1 2011 2.19 827.5 % 0.36 - 2.19 0.00
Q2 2011 1.13 (77.0 %) 0.18 - 1.13 0.00
Q3 2011 4.61 111.1 % 0.75 - 4.61 0.01
Q4 2011 4.00 1.2 % 0.65 1.94 2.06 0.00
Q1 2012 0.33 (85.1 %) 0.05 - 0.33 0.00
Q2 2012 1.70 50.7 % 0.28 - 1.70 0.00
Q3 2012 7.05 53.0 % 1.15 - 7.05 0.01
Q4 2012 0.27 (93.2 %) 0.04 - 0.27 0.00
Q1 2013 (5.58) (1811.3 %) (0.90) - (5.58) (0.01)
Q2 2013 (7.91) (564.8 %) (1.28) - (7.91) (0.01)
Q3 2013 (7.53) (206.9 %) (1.22) - (7.53) (0.01)
Q4 2013 (11.57) (4354.8 %) (1.87) 16.14 (27.71) (0.04)
Q1 2014 (7.54) (35.1 %) (1.22) - (7.54) (0.01)
Q2 2014 (1.77) 77.6 % (0.29) - (1.77) 0.00
Q3 2014 (2.59) 65.6 % (0.42) - (2.59) 0.00

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2005 (1.52 %) (4.53 %) (11.32 %)
Q2 2005 9.26 % 7.66 % 1.10 %
Q3 2005 0.05 % (2.06 %) (8.64 %)
Q4 2005 (5.28 %) (13.67 %) (22.02 %)
Q1 2006 (6.81 %) (17.28 %) (25.42 %)
Q2 2006 (10.00 %) (34.67 %) (50.47 %)
Q3 2006 (10.32 %) (32.66 %) (34.53 %)
Q4 2006 (9.24 %) (15.25 %) (36.14 %)
Q1 2007 (6.79 %) (13.84 %) (37.96 %)
Q2 2007 (3.77 %) 4.54 % (10.76 %)
Q3 2007 2.43 % 13.36 % (21.40 %)
Q4 2007 16.56 % 10.62 % 7.08 %
Q1 2008 17.35 % 12.01 % 19.86 %
Q2 2008 17.40 % 10.80 % 17.11 %
Q3 2008 17.14 % 11.23 % 14.96 %
Q4 2008 13.94 % 7.63 % 4.60 %
Q1 2009 12.66 % 6.40 % (1.75 %)
Q2 2009 14.50 % 7.99 % (2.23 %)
Q3 2009 15.75 % 8.01 % (2.29 %)
Q4 2009 16.56 % 8.64 % (10.81 %)
Q1 2010 18.02 % 8.76 % (6.96 %)
Q2 2010 15.00 % 6.87 % (0.85 %)
Q3 2010 13.05 % 6.79 % 0.52 %
Q4 2010 14.41 % 6.86 % 4.03 %
Q1 2011 13.03 % 6.36 % 4.29 %
Q2 2011 12.32 % 6.01 % 1.95 %
Q3 2011 12.54 % 5.84 % 2.79 %
Q4 2011 10.66 % 3.95 % 4.43 %
Q1 2012 12.25 % 4.79 % 3.76 %
Q2 2012 14.25 % 5.72 % 4.22 %
Q3 2012 18.23 % 8.59 % 5.61 %
Q4 2012 19.36 % 9.36 % 4.73 %
Q1 2013 17.09 % 6.69 % 1.69 %
Q2 2013 14.99 % 3.01 % (3.01 %)
Q3 2013 8.50 % (2.39 %) (10.04 %)
Q4 2013 (0.45 %) (17.40 %) (25.37 %)
Q1 2014 (4.04 %) (21.27 %) (30.07 %)
Q2 2014 (3.71 %) (16.08 %) (30.86 %)
Q3 2014 (4.72 %) (12.64 %) (33.37 %)


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
Q1 2005 613.95 (3.54) (3.54) 0.96
Q2 2005 613.95 0.35 0.35 0.95
Q3 2005 613.95 (2.29) (2.29) 0.94
Q4 2005 613.95 (5.86) (5.86) 0.91
Q1 2006 613.95 (5.54) (5.54) 0.90
Q2 2006 613.95 (10.15) (10.15) 0.64
Q3 2006 613.95 (7.94) (7.94) 0.65
Q4 2006 613.95 (52.25) (7.07) 0.18
Q1 2007 613.95 (52.28) (7.11) 0.17
Q2 2007 613.95 (46.96) (1.79) 0.17
Q3 2007 613.95 (48.11) (2.94) 0.17
Q4 2007 613.95 1.02 1.02 0.19
Q1 2008 613.95 2.77 2.77 0.19
Q2 2008 613.95 2.75 2.75 0.20
Q3 2008 613.95 2.57 2.57 0.20
Q4 2008 613.95 0.85 0.85 0.19
Q1 2009 613.95 (0.32) (0.32) 0.19
Q2 2009 613.95 (0.40) (0.40) 0.19
Q3 2009 613.95 (0.37) (0.37) 0.19
Q4 2009 613.95 (1.30) (1.30) 0.18
Q1 2010 613.95 (0.82) (0.82) 0.18
Q2 2010 613.95 (0.11) (0.11) 0.19
Q3 2010 613.95 0.09 0.09 0.19
Q4 2010 613.95 1.84 0.98 0.20
Q1 2011 613.95 2.15 1.30 0.20
Q2 2011 613.95 1.54 0.69 0.21
Q3 2011 613.95 1.93 1.08 0.21
Q4 2011 613.95 1.94 1.63 0.22
Q1 2012 613.95 1.64 1.32 0.22
Q2 2012 613.95 1.73 1.42 0.22
Q3 2012 613.95 2.13 1.81 0.23
Q4 2012 617.32 1.51 1.51 0.36
Q1 2013 617.32 0.56 0.56 0.35
Q2 2013 617.32 (1.00) (1.00) 0.34
Q3 2013 617.32 (3.36) (3.36) 0.33
Q4 2013 617.32 (5.28) (7.89) 0.31
Q1 2014 617.32 (5.60) (8.21) 0.30
Q2 2014 617.32 (4.60) (7.22) 0.29
Q3 2014 617.32 (3.80) (6.42) 0.29

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2005 NEG NEG 4.33
Q2 2005 More than 100 More than 100 4.87
Q3 2005 NEG NEG 6.74
Q4 2005 NEG NEG 7.86
Q1 2006 NEG NEG 8.17
Q2 2006 NEG NEG 21.27
Q3 2006 NEG NEG 21.28
Q4 2006 NEG NEG 34.89
Q1 2007 NEG NEG 30.94
Q2 2007 NEG NEG 30.68
Q3 2007 NEG NEG 30.12
Q4 2007 More than 100 More than 100 27.62
Q1 2008 53.52 53.52 7.61
Q2 2008 60.59 60.59 8.49
Q3 2008 40.47 40.47 5.26
Q4 2008 More than 100 More than 100 5.13
Q1 2009 NEG NEG 4.78
Q2 2009 NEG NEG 6.12
Q3 2009 NEG NEG 5.92
Q4 2009 NEG NEG 9.42
Q1 2010 NEG NEG 9.40
Q2 2010 NEG NEG 6.18
Q3 2010 More than 100 More than 100 5.95
Q4 2010 63.42 More than 100 5.82
Q1 2011 57.36 94.93 6.07
Q2 2011 84.18 More than 100 6.30
Q3 2011 89.62 More than 100 8.14
Q4 2011 More than 100 More than 100 8.97
Q1 2012 More than 100 More than 100 9.79
Q2 2012 90.63 More than 100 7.04
Q3 2012 More than 100 More than 100 10.14
Q4 2012 More than 100 More than 100 4.58
Q1 2013 More than 100 More than 100 5.11
Q2 2013 NEG NEG 4.74
Q3 2013 NEG NEG 4.49
Q4 2013 NEG NEG 4.99
Q1 2014 NEG NEG 5.48
Q2 2014 NEG NEG 6.26
Q3 2014 NEG NEG 6.52

Business Segments (Million)

Compared With The
Period Rental of buildings and others Warehouse management and leasing Agricultural activities

Current
Market Cap (M Riyal) 793.80
Enterprise Value (EV) (M) 937.18
Shares Outstanding ((M)) 630.00
EPS (Halala) (TTM) 0.35
Book Value (BV) ( Riyal) 0.45
Par Value ( Halala) 50.00
Adjusted P/E (Last12) Neg
P/E (TTM) More than 100
Price/book 2.81
Return on Average Assets (%) (TTM) 0.4
Return on Average Equity (%) (TTM) 0.8

Share Price

Anaam International Holding Group (ANAAM HOLDING)


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