Arabian Plastic Industrial Company Limited (9548.SR)

Basic Materials | Chemicals Specialty
Income Statement (Quarterly) 2026-04-07 2025-06-30 2025-03-31 2024-12-31
Revenue 49,763,753 49,763,753 49,763,753 96,985,450
Cost of Revenue 37,217,805 37,217,805 37,217,805 79,072,493
Gross Profit 12,545,948 12,545,948 12,545,948 17,912,957
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 5,560,913 5,560,913 5,560,913 8,707,276
Operating Expenses 5,185,913 5,185,913 5,185,913 8,707,276
Operating Income 7,360,035 7,360,035 7,360,035 9,205,681
Interest Expense 2,978,774 2,978,774 0 1,803,471
Income Before Tax 5,551,006 5,551,006 5,551,006 8,138,267
Income Tax Expense 250,000 250,000 250,000 57,297
Net Income 5,301,006 5,301,006 5,301,006 8,080,970
Per Share
EPS 0.71 0.71 0.71 1.62
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 183,410,288 156,647,002 154,570,760 116,682,997 93,391,596
Cost of Revenue 151,499,046 128,898,568 133,233,409 100,247,175 78,112,631
Gross Profit 31,911,242 27,748,434 21,337,351 16,435,822 15,278,965
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 15,253,788 11,506,378 4,603,403 3,452,001 2,591,371
Operating Expenses 15,253,788 11,303,797 9,249,161 7,039,177 7,407,787
Operating Income 16,657,454 16,444,637 12,088,190 9,558,113 7,894,485
Interest Expense 3,290,633 2,713,724 2,273,823 1,297,657 1,630,759
Income Before Tax 13,746,883 13,730,913 9,814,367 8,225,558 6,233,417
Income Tax Expense 363,297 700,139 512,535 418,253 196,814
Net Income 13,383,586 13,030,774 9,301,832 7,807,305 6,036,603
Per Share
EPS 2.68 2.61 1.86 0.00 0.00
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 7,000,598 1,788,424 2,815,969 2,189,539
Short Term Investments 0 0 0 0
Net Receivables 53,206,170 47,454,547 48,352,793 0
Inventory 51,612,487 48,704,230 38,493,882 32,154,999
Total Current Assets 113,354,673 111,521,713 96,986,651 83,604,676
Property Plant Equipment 118,465,773 85,353,354 67,787,007 64,135,407
Goodwill and Intangibles 0 0 1 1
Total Assets 231,820,446 196,875,067 164,773,659 147,740,084
Liabilities
Account Payables 19,231,175 18,347,073 19,169,713 5,446,671
Short Term Debt 91,553,236 56,104,191 34,401,789 44,675,250
Total Current Liabilities 117,131,213 95,538,136 76,297,275 62,745,591
Long Term Debt 2,047,674 1,469,182 1,891,484 8,468,559
Total Liabilities 122,753,789 100,886,031 82,183,952 74,452,209
Shareholders Equity
Retained Earnings 51,341,901 38,264,280 26,382,719 18,011,070
Total Shareholders Equity 109,066,657 95,989,036 82,589,707 73,287,875
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 7,000,598 1,788,424 2,815,969 2,189,539 4,764,667
Short Term Investments 0 0 0 0 0
Net Receivables 53,206,170 47,454,547 48,352,793 0 0
Inventory 51,612,487 48,704,230 38,493,882 32,154,999 24,822,370
Total Current Assets 113,354,673 111,521,713 96,986,651 83,604,676 62,270,261
Property Plant Equipment 118,465,773 85,353,354 67,787,007 64,135,407 64,222,088
Goodwill and Intangibles 0 0 1 1 1
Total Assets 231,820,446 196,875,067 164,773,659 147,740,084 126,492,350
Liabilities
Account Payables 19,231,175 18,347,073 19,169,713 5,446,671 4,021,683
Short Term Debt 91,553,236 56,104,191 34,401,789 44,675,250 24,007,376
Total Current Liabilities 117,131,213 95,538,136 76,297,275 62,745,591 30,192,403
Long Term Debt 2,047,674 1,469,182 1,891,484 8,468,559 27,699,261
Total Liabilities 122,753,789 100,886,031 82,183,952 74,452,209 60,981,160
Shareholders Equity
Retained Earnings 51,341,901 38,264,280 26,382,719 18,011,070 18,335,546
Total Shareholders Equity 109,066,657 95,989,036 82,589,707 73,287,875 65,511,190
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 13,383,586 13,030,774 9,301,832 8,225,558
Depreciation & Amortization 12,076,646 9,647,300 229,867 8,930,361
Stock Based Compensation 0 0 0 0
Change in Working Capital -13,126,223 -18,176,510 9,929,932 -12,782,481
Operating Cash Flow 14,603,100 4,906,002 4,752,594 4,752,594
Investing Activities
Capital Expenditure -42,153,280 -27,213,647 -10,771,214 0
Investments -42,153,277 -27,213,647 -10,771,214 0
Investing Cash Flow -42,153,277 -27,213,647 -8,736,502 -8,736,502
Financing Activities
Debt Repayment 34,375,175 0 -18,406,300 0
Common Stock Issued/Repurchased 0 0 0 0
Dividends Paid 0 0 0 0
Financing Cash Flow 32,762,351 21,280,100 1,408,780 1,408,780
Summary
Free Cash Flow -27,550,180 -22,307,645 -6,018,620 4,752,594
Net Change in Cash 0 -1,027,545 -2,575,128 -2,575,128
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 13,383,586 13,030,774 9,301,832 8,225,558 6,233,417
Depreciation & Amortization 12,076,646 9,647,300 229,867 8,930,361 8,535,606
Stock Based Compensation 0 0 0 0 0
Change in Working Capital -13,126,223 -18,176,510 9,929,932 -12,782,481 -49,410,650
Operating Cash Flow 14,603,100 4,906,002 4,752,594 4,752,594 -33,355,938
Investing Activities
Capital Expenditure -42,153,280 -27,213,647 -10,771,214 0 0
Investments -42,153,277 -27,213,647 -10,771,214 0 0
Investing Cash Flow -42,153,277 -27,213,647 -8,736,502 -8,736,502 -3,921,346
Financing Activities
Debt Repayment 34,375,175 0 -18,406,300 0 0
Common Stock Issued/Repurchased 0 0 0 0 16,753,119
Dividends Paid 0 0 0 0 0
Financing Cash Flow 32,762,351 21,280,100 1,408,780 1,408,780 39,005,751
Summary
Free Cash Flow -27,550,180 -22,307,645 -6,018,620 4,752,594 -33,355,938
Net Change in Cash 0 -1,027,545 -2,575,128 -2,575,128 1,728,467