Saudi Arabian Refinery
| Name | Saudi Arabian Refinery | |
| Sector | Manufacturing - Petroleum Refining and related products | |
| Trading | Tadawul | |
| RIC Code | 2030.SE | |
| Location | SAUDI ARABIA |
Profile and Background
Saudi Arabian Refinery Company (Sarco) was founded in 1959 to work in petroleum-related activities, including procurement, transport, refining, distribution and retailing. The main activity is bulk product handling.
The company, which has paid-in capital of just SR 40 million ($11 million), is 100 per cent owned by private investors. The chairman is Prince Khaled Bin Turki.The company's principal profit source is its 25 per cent stake in the Jeddah Oil Refinery.
It has also invested in the Tabuk Cement Company and Riyad Bank. The company is now seeking to devise a strategy that will open up income streams from new areas of activity.Sarco has been consistently profitable, reporting earnings of SR 6.
5 million ($1.7 million) for more than 10 years. It has paid cash dividends every year in this period. In 1998, the company reported a net profit of just under SR 7 million ($1.8 million). Sales in the year rose by 1 per cent to SR 8.
95 million ($2.4 million). No dividends were paid for the year.
The company, which has paid-in capital of just SR 40 million ($11 million), is 100 per cent owned by private investors. The chairman is Prince Khaled Bin Turki.The company's principal profit source is its 25 per cent stake in the Jeddah Oil Refinery.
It has also invested in the Tabuk Cement Company and Riyad Bank. The company is now seeking to devise a strategy that will open up income streams from new areas of activity.Sarco has been consistently profitable, reporting earnings of SR 6.
5 million ($1.7 million) for more than 10 years. It has paid cash dividends every year in this period. In 1998, the company reported a net profit of just under SR 7 million ($1.8 million). Sales in the year rose by 1 per cent to SR 8.
95 million ($2.4 million). No dividends were paid for the year.
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Stock Performance
Market Information
| Stock | Saudi_Arabia Index | |
| Last Closing | SAR 277.75 | 3424.18 |
| YTD % |  -5.92% |  0% |
| Weekly % | -3.156% |  5.55% |
| Year High | SAR 468 | 9083.39 |
| Year Low | SAR 250.25 | 3296.01 |
| 52 Week High | SAR 1493.6 | 4532.55 |
| 52 Week Low | SAR 274 | 2983.01 |
| BETA | 4.2962 | |
| Outstanding Shares | 4,000,000 | |
| Market Cap | SAR 1,111,000,000 | |
| Market Cap in $ | USD $296,266,667 | |
| % of Saudi_Arabia Market | 0.09% | |
| % of Sector | 0.26% | |
| Rank by Cap | 67 |
Key Figures in '000 SAR
| 2002 | 2001 | 2000 | |
| Total Assets | 84,933 | 79,840 | 79,840 |
| Shareholder's Equity | 71,070 | 69,536 | 69,536 |
| NIAT | 4,173 | 4,368 | 3,638 |
| Dividends | N/A | N/A | N/A |
Financial Ratios
| 2002 | 2001 | 2000 | |
| Assets Growth | 6.38% | 0.00% | -0.04% |
| Earning Growth | -4.45% | 20.06% | 5.48% |
| ROaA | 5.07% | 5.47% | 4.56% |
| ROaE | 5.94% | 12.56% | 5.24% |
| No. Of Shares | 800,000 | 800,000 | 800,000 |
| EPS | 5.22 | 5.46 | 4.55 |
| EPS Growth | -4.45% | 20.06% | 5.48% |
| Payout Ratio | N/A | N/A | N/A |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |
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