Jahez net profit surges to SAR 117.1 mln in 2021; Q4 at SAR 27 mln
Jahez International Company for Information System Technology reported a net profit after Zakat and tax of SAR 117.1 million for 2021, a nearly three-fold rise from a net profit of SAR 39.7 million a year earlier.
Financials (M)
Item | 2020 | 2021 | Change |
---|---|---|---|
Revenues | 459.31 | 1,159.57 | 152.5 % |
Gross Income | 108.53 | 245.53 | 126.2 % |
Operating Income | 42.77 | 119.29 | 178.9 % |
Net Income | 42.01 | 117.07 | 178.7 % |
Average Shares | 140.00 | 192.00 | 37.1 % |
Earnings Per Share before unusual items | 0.30 | 0.61 | 103.2 % |
EPS (Halala) | 30.01 | 60.97 | 103.2 % |
The profit surge was attributed to higher delivery fee and commission revenue, as well as increased gross merchandize value (GMV) and average take rate.
The company’s Q4 2021 net profit after Zakat and tax climbed to SAR 27.02 million, from a net loss after Zakat and tax of SAR 1.96 million.
Sequentially, profit declined 56% from SAR 61.33 million in Q3 2021.
Current Quarter Comparison (M)
Item | Q4 2020 | Q4 2021 | Change |
---|---|---|---|
Revenues | 171.09 | 311.87 | 82.3 % |
Gross Income | 30.83 | 53.21 | 72.6 % |
Operating Income | (0.89) | 26.66 | 3107.7 % |
Net Income | (1.17) | 27.02 | 2402.9 % |
Average Shares | 140.00 | 192.00 | 37.1 % |
Earnings Per Share before unusual items | (0.01) | 0.14 | 1779.2 % |
EPS (Halala) | (0.84) | 14.07 | 1779.2 % |
Total shareholders’ equity, excluding minority interest, surged 325% to SAR 187.27 million from SAR 44.05 million a year ago.
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Share Price
Jahez International Company for Information System Technology (JAHEZ)
Current | |
Market Cap (M Riyal) | 5,833.55 |
Enterprise Value (EV) (M) | 4,788.48 |
Shares Outstanding ((M)) | 209.84 |
EPS (Halala) (TTM) | 89.58 |
Book Value (BV) ( Riyal) | 5.91 |
Par Value ( Halala) | 50.00 |
Adjusted P/E (Last12) | 31.03 |
P/E (TTM) | 31.03 |
Price/book | 4.70 |
Return on Average Assets (%) (TTM) | 11.0 |
Return on Average Equity (%) (TTM) | 15.7 |
Financial results (Million)
Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
---|---|---|---|---|---|---|
Q1 2020 | 64.75 | - | 13.48 | - | 3.68 | - |
Q2 2020 | 93.93 | - | 26.19 | - | 18.04 | - |
Q3 2020 | 129.54 | - | 38.03 | - | 21.94 | - |
Q4 2020 | 171.09 | - | 30.83 | - | (0.89) | - |
2020 | 459.31 | 189.7 % | 108.53 | 325.7 % | 42.77 | 1159.8 % |
Q1 2021 | 243.29 | 275.7 % | 59.43 | 340.9 % | 27.04 | 635.1 % |
Q2 2021 | 243.17 | 158.9 % | 34.83 | 33.0 % | 4.41 | (75.5 %) |
Q3 2021 | 361.24 | 178.9 % | 98.05 | 157.8 % | 61.18 | 178.9 % |
Q4 2021 | 311.87 | 82.3 % | 53.21 | 72.6 % | 26.66 | 3107.7 % |
2021 | 1,159.57 | 152.5 % | 245.53 | 126.2 % | 119.29 | 178.9 % |
Profit Performance (Million)
Period | Net Income | Change | EPS(Halala) | Extraordinary Income/Expense | Net Profit Before Unusual Items | Earnings Per Share before unusual items |
---|---|---|---|---|---|---|
Q1 2020 | 3.69 | - | 2.64 | - | 3.69 | 0.03 |
Q2 2020 | 17.74 | - | 12.67 | - | 17.74 | 0.13 |
Q3 2020 | 21.75 | - | 15.54 | - | 21.75 | 0.16 |
Q4 2020 | (1.17) | - | (0.84) | - | (1.17) | (0.01) |
2020 | 42.01 | 753.9 % | 30.01 | - | 42.01 | 0.30 |
Q1 2021 | 26.34 | 613.4 % | 18.81 | - | 26.34 | 0.19 |
Q2 2021 | 2.38 | (86.6 %) | 1.24 | - | 2.38 | 0.01 |
Q3 2021 | 61.33 | 182.0 % | 31.94 | - | 61.33 | 0.32 |
Q4 2021 | 27.02 | 2402.9 % | 14.07 | - | 27.02 | 0.14 |
2021 | 117.07 | 178.7 % | 60.97 | - | 117.07 | 0.61 |
Profitability
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
Q1 2021 | 24.22 % | 10.69 % | 10.14 % |
Q2 2021 | 20.72 % | 7.12 % | 6.26 % |
Q3 2021 | 21.90 % | 9.50 % | 8.72 % |
Q4 2021 | 21.17 % | 10.81 % | 10.10 % |
2021 | 21.17 % | 10.81 % | 10.10 % |
Per Share Data (Riyal)
Period | Shares Outstanding (M) | EPS (Halala) | Earnings Per Share before unusual items (Halala) | Book Value (BV) |
---|---|---|---|---|
Q1 2021 | 140.00 | 46.18 | 46.18 | 0.50 |
Q2 2021 | 192.00 | 25.68 | 25.68 | 0.51 |
Q3 2021 | 192.00 | 46.29 | 46.29 | 0.83 |
Q4 2021 | 192.00 | 60.97 | 60.97 | 0.98 |
Multiple Ratios (End of Period Price)
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
Q1 2021 | - | - | - |
Q2 2021 | - | - | - |
Q3 2021 | - | - | - |
Q4 2021 | - | - | - |
Business Segments (Million)
2021
Period | Delivery Platforms Segment | Logistics Activity | Other Activities | Exclusions |
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