Saudi Steel Pipes Company (TADAWUL:1320)

Saudi Steel Pipes Company Balance Sheet

Financials in millions SAR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	113.8	234.24	176.22	209.17	79.33	99.37
Cash & Short-Term Investments	113.8	234.24	176.22	209.17	79.33	99.37
Cash Growth	-44.96%	32.93%	-15.75%	163.66%	-20.16%	-33.34%
Accounts Receivable	273.92	230.33	315.37	89.65	100.5	127.05
Other Receivables	2.97	6.51	13.5	16.6	11.3	1.75
Receivables	277.95	237.32	329.49	106.87	111.8	128.8
Inventory	390.8	408.15	453.04	639.19	254.31	118.23
Prepaid Expenses	17.53	13.82	17.78	8.62	2.93	2.65
Total Current Assets	800.08	893.54	976.53	963.84	448.37	349.04
Property, Plant & Equipment	830.26	824.51	1,027	1,066	459.68	498.51
Long-Term Investments	-	-	-	-	114.14	104.97
Other Intangible Assets	4.73	5.24	4.12	0.09	0.15	1.99
Long-Term Deferred Tax Assets	4.5	4.68	6.87	11.71	12.86	13.7
Total Assets	1,641	1,729	2,016	2,044	1,038	972.01

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	96.98	110.57	165.42	276.09	148.7	138.76
Accrued Expenses	64.34	55.65	51.85	55.85	32.99	22.89
Short-Term Debt	116.97	233.24	377.61	204.8	-	59.45
Current Portion of Long-Term Debt	25.66	34.96	118.5	181.39	123.97	123.42
Current Portion of Leases	6.22	4.68	3.84	2.34	1.07	1.66
Current Income Taxes Payable	16.72	11.98	9.08	20.03	9.19	2.16
Other Current Liabilities	14.13	61.67	98.18	187.41	8.39	19.26
Total Current Liabilities	341.02	512.74	824.48	927.91	324.3	367.6
Long-Term Debt	-	-	42.83	142.28	99.34	44.48
Long-Term Leases	11.31	7.23	6.39	7.92	4.33	5.19
Pension & Post-Retirement Benefits	46.17	44.86	39.47	42.49	29.96	29.54
Other Long-Term Liabilities	-	-	-	30	30	30
Total Liabilities	398.51	564.83	913.17	1,151	487.92	476.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	510	510	510	510	510	510
Additional Paid-In Capital	4.51	4.51	4.51	4.51	4.51	4.51
Retained Earnings	412.75	360.4	368.51	225.38	52.33	-1.88
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-10.67	-10.67	-9.07	-6.52	-4.82	-5.93
Total Common Equity	905.09	852.75	862.45	721.87	550.52	495.2
Minority Interest	337.31	311.8	240.62	172	-	-
Shareholders' Equity	1,242	1,165	1,103	893.87	550.52	495.2
Total Liabilities & Equity	1,641	1,729	2,016	2,044	1,038	972.01

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	160.16	280.1	549.17	538.72	228.7	234.19
Net Cash (Debt)	-46.36	-45.86	-372.96	-329.56	-149.36	-134.82
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.91	-0.90	-7.31	-6.46	-2.93	-2.67
Filing Date Shares Outstanding	50.54	50.54	50.54	50.54	50.54	50.54
Total Common Shares Outstanding	50.54	50.54	50.54	50.54	50.54	50.54
Working Capital	459.06	380.8	152.05	35.92	124.08	-18.55
Book Value Per Share	17.91	16.87	17.06	14.28	10.89	9.80
Tangible Book Value	900.36	847.51	858.34	721.78	550.37	493.21
Tangible Book Value Per Share	17.81	16.77	16.98	14.28	10.89	9.76
Land	-	6.15	164	164	157.85	157.85
Buildings	-	447.79	439.32	417.72	207.67	207.88
Machinery	-	1,319	1,303	1,057	613.31	613.19
Construction In Progress	-	3.95	2.21	235.05	-	0.65

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 14, 2026

Data Sources Report a data error