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Company Information |
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Full name Al-Tahdith for Real Estate Investments (شركة التحديث للأستثمار العقارى) Headquarters Madina Al Munawara Complex 2nd Floor Madina Al Munawara Street P.O. Box 9736 ; Amman; West Zone; 11941 |
Status: Listed Operational Status: Operational ISIN CODE : JO3126511018 Financial Auditors: Riad Al Jinini and Company/Ghosheh and Company (2012) Total Employees: 40 Tel: 00962 6 5548209 |
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Company Description |
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Al-Tahdith for Real Estate Investments is a Jordan-based company engaged in general investment and trade activities. The Company offers a range of services, such as import and export, marketing and advertising, trademark and patenting, trade agency and financial easing services. It also invests in commercial, manufacturing, agricultural, real estate, trading, services and tourism industries, and manages and rents hotels, restaurants and recreational centers. |
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues decreased with -8.35%, from JOD 1,055.56 thousands to JOD 967.431 thousands. The results of the period increased 37.98% reaching JOD 236.088 thousands at the end of the period against JOD 171.108 thousands last year. Return on equity (Net income/Total equity) went from 7.28% to 9.12%, the Return On Asset (Net income / Total Asset) went from 5.93% to 8.10% and the Net Profit Margin (Net Income/Net Sales) went from 16.21% to 24.40% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 12.65% compared to 22.61% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.49 to 1.28 when compared to the previous year. |
Key Executives |
Companies with Similar Main Activities |

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2012 Y (non-cons) |
2011 Y (non-cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
2,858 |
2,915 |
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Current Assets |
444 |
305 |
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Total Liabilities |
158 |
327 |
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Shareholders Equity |
2,699 |
2,587 |
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Current Liabilities |
158 |
239 |
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| * All the accounts are in JOD. | ||
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Total Operating Revenue |
1,011 |
967 |
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Net Profit (Loss) |
111 |
236 |
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| * All the accounts are in JOD. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
3.91% |
8.1% |
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Annualised Return on Assets (ROA) |
3.91% |
8.1% |
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Return on Equity (ROE) |
4.14% |
9.12% |
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Annualised Return on Equity (ROE) |
4.32% |
10.04% |
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Return on Sales (ROS) |
11.05% |
24.4% |
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Return on Capital |
0% |
0% |
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Gross Profit Margin |
113.24% |
185.03% |
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Operating Profit Margin |
0% |
0% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
2.74x |
2.29x |
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Inventory Turnover |
33.81x |
28.90x |
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Current asset turnover |
2.28x |
3.16x |
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Fixed-asset turnover |
0.42x |
0.37x |
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Asset Turnover |
0.35x |
0.33x |
| Valuation figures and ratios | ||
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Enterprise value |
1,133 |
1,646 |
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Bookvalue (BV) |
2,699 |
2,587 |
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Net Cash |
86 |
-286 |
| Liquidity Ratios | ||
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Current Ratio |
280.55% |
127.93% |
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Quick ratio |
261.67% |
113.93% |
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Doom's day ratio |
154.68% |
16.99% |
| Leverage Ratios | ||
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Leverage ratio |
105.87% |
112.65% |
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Debt to equity |
5.87% |
12.65% |
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Debt to total assets |
5.54% |
11.23% |
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Long Term Debt to Capital |
0% |
3.3% |
| Market ratios | ||
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Market Cap / Net cash |
14.08 |
-4.74 |
| Trend Ratios | ||
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Revenue Trend |
104.58% |
91.65% |
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Net Income Trend |
47.34% |
137.98% |
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