Saudi Industrial Development Co. (TADAWUL: 2130)

Saudi Industrial Development Co. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.86	7.17	17.25	11.82	16.98	9.58
Short-Term Investments	-	-	-	-	-	0.52
Trading Asset Securities	0.88	3.99	9.25	3.94	0.96	16.51
Cash & Short-Term Investments	4.74	11.15	26.5	15.76	17.94	26.61
Cash Growth	-65.86%	-57.91%	68.22%	-12.16%	-32.60%	-41.83%
Accounts Receivable	18.46	15.29	14.26	17.73	16.04	22.6
Other Receivables	-	0.5	0.53	0.55	0.53	0.34
Receivables	18.46	15.79	14.79	18.28	16.58	22.93
Inventory	29.95	31.96	37.28	45.43	47.19	52.38
Prepaid Expenses	9.24	2.3	1.08	0.98	1.31	1.19
Other Current Assets	-	1.48	4.17	3.14	6.83	4.96
Total Current Assets	62.38	62.69	83.83	83.59	89.85	108.07
Property, Plant & Equipment	52.47	55.28	77.79	94.39	100.95	104.53
Long-Term Investments	46.84	55.7	52.25	60.25	44.02	26.39
Goodwill	32.36	32.36	62.36	62.36	62.36	62.36
Other Intangible Assets	0.05	0.07	0.14	0.23	0.56	0.79
Other Long-Term Assets	-	-	-	0.11	0.26	0.41
Total Assets	194.1	206.1	276.36	300.93	298.01	302.55
Accounts Payable	35.42	27.44	25.96	29.21	21.87	19.38
Accrued Expenses	13.79	8.23	8.47	7.4	10.5	7.99
Short-Term Debt	21.44	22.1	25.22	4.03	4.04	4.03
Current Portion of Leases	5.19	2.92	5.41	4.69	4.18	3.98
Current Income Taxes Payable	4.02	6.02	5.63	7.53	8.98	11.29
Current Unearned Revenue	-	1.98	1.82	2.59	-	-
Other Current Liabilities	6.35	10.53	9.05	9.52	9.77	9.46
Total Current Liabilities	86.21	79.19	81.57	64.97	59.34	56.13
Long-Term Leases	5.51	7.24	5.47	7.73	7.32	6.06
Long-Term Deferred Tax Liabilities	0.28	0.43	0.53	0.78	0.71	0.61
Total Liabilities	106.74	101.34	101.36	89.59	81	76.06
Common Stock	400	400	400	400	400	400
Retained Earnings	-276.31	-267.66	-63.2	-47.48	-25.19	-17.76
Comprensive Income & Other	-43.88	-34.26	-169.89	-148.51	-164.39	-164.31
Total Common Equity	79.81	98.08	166.91	204.01	210.42	217.93
Minority Interest	7.55	6.68	8.09	7.33	6.59	8.55
Shareholders' Equity	87.36	104.76	175	211.34	217.01	226.49
Total Liabilities & Equity	194.1	206.1	276.36	300.93	298.01	302.55
Total Debt	32.15	32.25	36.11	16.45	15.54	14.07
Net Cash (Debt)	-27.41	-21.09	-9.6	-0.69	2.4	12.54
Net Cash Growth	-	-	-	-	-80.87%	-65.89%
Net Cash Per Share	-0.69	-0.53	-0.24	-0.02	0.06	0.31
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Working Capital	-23.82	-16.5	2.25	18.63	30.51	51.94
Book Value Per Share	2.00	2.45	4.17	5.10	5.26	5.45
Tangible Book Value	47.4	65.65	104.42	141.43	147.5	154.78
Tangible Book Value Per Share	1.19	1.64	2.61	3.54	3.69	3.87
Land	-	17.12	17.28	17.72	17.72	17.7
Buildings	-	77.27	88.73	89.93	77.16	77.78
Machinery	-	256.08	260.11	270.1	265.94	265.04
Construction In Progress	-	0	0.16	0.16	9.42	7.71
Leasehold Improvements	-	-	-	-	3.46	3.28

Source: S&P Capital IQ. Standard template. Financial Sources.