Qassim Cement Company (TADAWUL: 3040)

Qassim Cement Company 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	120.14	39.99	51.88	107.4	66.89	62.45
Short-Term Investments	180	160.83	224	186.3	150	230.13
Trading Asset Securities	335.79	292.41	426.04	598.32	667.8	468.08
Cash & Short-Term Investments	635.93	493.23	701.92	892.02	884.7	760.65
Cash Growth	4.92%	-29.73%	-21.31%	0.83%	16.31%	10.90%
Accounts Receivable	100.57	67.86	51.6	34.74	41.95	32.44
Other Receivables	-	8.11	7.24	3.08	2.5	3.56
Receivables	100.57	75.97	58.84	37.82	44.45	36
Inventory	744.01	379.25	345.77	267.2	295.68	339.15
Prepaid Expenses	35.37	3.69	3.23	3.74	3.49	3.6
Other Current Assets	-	2.42	12.64	6.74	33.08	6.33
Total Current Assets	1,516	954.56	1,122	1,208	1,261	1,146
Property, Plant & Equipment	1,266	695.79	643.07	633.89	680.49	734.39
Long-Term Investments	136.68	141.67	151.09	169.03	163.87	167.03
Other Intangible Assets	6.32	3.28	0.35	-	-	-
Other Long-Term Assets	9.52	9.52	9.52	9.52	9.52	9.52
Total Assets	3,134	1,805	1,926	2,020	2,115	2,057
Accounts Payable	59.75	31.25	29.13	26.53	18.3	16.43
Accrued Expenses	84.06	43.52	68.36	69.89	88.56	80.79
Current Portion of Leases	0.92	0.67	0.82	0.82	0.82	-
Current Income Taxes Payable	20.13	20.44	26.89	29.14	29.08	25.28
Other Current Liabilities	53.38	70.95	79.78	105.87	115.35	103.46
Total Current Liabilities	218.23	166.83	204.97	232.26	252.11	225.96
Long-Term Leases	7.43	-	0.61	1.33	2.01	-
Other Long-Term Liabilities	19.58	14.8	13.9	12.97	12.01	11.02
Total Liabilities	310.95	225.51	261.65	287.78	306.18	272.52
Common Stock	1,106	900	900	900	900	900
Retained Earnings	769.64	681.03	768.55	836.04	913.17	884.83
Comprehensive Income & Other	-1.72	-1.72	-3.78	-3.86	-4.08	-0.69
Total Common Equity	2,823	1,579	1,665	1,732	1,809	1,784
Shareholders' Equity	2,823	1,579	1,665	1,732	1,809	1,784
Total Liabilities & Equity	3,134	1,805	1,926	2,020	2,115	2,057
Total Debt	8.35	0.67	1.43	2.15	2.83	-
Net Cash (Debt)	627.59	492.56	700.5	889.88	881.87	760.65
Net Cash Growth	3.72%	-29.68%	-21.28%	0.91%	15.94%	10.90%
Net Cash Per Share	6.89	5.47	7.78	9.89	9.80	8.45
Filing Date Shares Outstanding	109.76	90	90	90	90	90
Total Common Shares Outstanding	109.76	90	90	90	90	90
Working Capital	1,298	787.72	917.43	975.27	1,009	919.77
Book Value Per Share	25.72	17.55	18.50	19.25	20.10	19.82
Tangible Book Value	2,618	1,576	1,664	1,732	1,809	1,784
Tangible Book Value Per Share	23.85	17.51	18.49	19.25	20.10	19.82
Land	-	10.51	10.51	10.51	10.51	10.51
Buildings	-	717.85	717.59	716.01	713.96	712.48
Machinery	-	1,669	1,659	1,655	1,647	1,638
Construction In Progress	-	189.33	94.23	25.9	9.61	7.19

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