Balance Sheet Naseej International Trading Company

Equities

1213

SA12GGDGIUH9

Home Furnishings

Market Closed - Saudi Arabian S.E. Other stock markets 07:19:59 2025-12-08 am EST			5-day change	1st Jan Change
43.00 ^SAR	-1.83%		-1.56%	-55.81%

Oct. 30	Naseej Taps Financial Adviser for Planned Rights Issue	MT
Oct. 30	Naseej International Trading Q3 Net Loss Widens; Revenue Falls	MT

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Published financial data: NASEEJ INTERNATIONAL TRADING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	192M	230M	280M	261M	197M
Total Revenues	192M	230M	280M	261M	197M
Cost of Goods Sold, Total	170M	203M	231M	207M	179M
Gross Profit	22.05M	27.13M	49.5M	53.44M	17.48M
Selling General & Admin Expenses, Total	55.62M	48.6M	45.67M	44.52M	38.29M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	29.18M	52.56M	-6.62M	-10.62M	2M
Other Operating Expenses, Total	84.8M	101M	39.05M	33.9M	40.29M
Operating Income	-62.75M	-74.02M	10.44M	19.54M	-22.81M
Interest Expense, Total	-20.74M	-10.4M	-6.17M	-11.28M	-14.2M
Net Interest Expenses	-20.74M	-10.4M	-6.17M	-11.28M	-14.2M
Income (Loss) On Equity Invest.	-409K	697K	712K	615K	-157K
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-68K	-	-	-	-
EBT, Excl. Unusual Items	-83.96M	-83.72M	4.98M	8.88M	-37.16M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	2.99M	545K	527K	1.64M	322K
EBT, Incl. Unusual Items	-80.97M	-83.18M	5.51M	10.51M	-36.84M
Income Tax Expense	2.44M	2.34M	6.88M	26.44M	5.75M
Earnings From Continuing Operations	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Net Income - (IS)	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Net Income to Common Incl Extra Items	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Net Income to Common Excl. Extra Items	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Per Share Items
Net EPS - Basic	-26.29	-22.4	-0.08	-1.46	-3.91
Basic EPS - Continuing Operations	-26.29	-22.4	-0.08	-1.46	-3.91
Basic Weighted Average Shares Outstanding	3.17M	3.82M	16.89M	10.9M	10.9M
Net EPS - Diluted	-26.29	-22.4	-0.08	-1.46	-3.91
Diluted EPS - Continuing Operations	-26.29	-22.4	-0.08	-1.46	-3.91
Diluted Weighted Average Shares Outstanding	3.17M	3.82M	16.89M	10.9M	10.9M
Normalized Basic EPS	-16.54	-13.71	0.18	0.51	-2.13
Normalized Diluted EPS	-16.54	-13.71	0.18	0.51	-2.13
Supplemental Items
EBITDA	-45.26M	-57.37M	27.01M	33.15M	-11.66M
EBITA	-61.89M	-73.29M	10.68M	19.71M	-22.76M
EBIT	-62.75M	-74.02M	10.44M	19.54M	-22.81M
EBITDAR	-41.21M	-53.96M	29.99M	36.07M	-6.83M
Effective Tax Rate - (Ratio)	-3.02	-2.81	124.98	251.52	-15.61
Normalized Net Income	-52.48M	-52.33M	3.11M	5.55M	-23.23M
Interest on Long-Term Debt	-	-	427K	407K	353K
Non-Cash Pension Expense	510K	560K	372K	800K	-
Supplemental Operating Expense Items
Advertising Expense	156K	96K	74K	144K	63K
Selling and Marketing Expenses	29.5M	24.68M	26M	28.84M	23.16M
General and Administrative Expenses	22.06M	20.51M	16.68M	12.76M	11.7M
Net Rental Expense, Total	4.05M	3.4M	2.98M	2.92M	4.83M
Imputed Operating Lease Interest Expense	1.95M	937K	606K	1.27M	3.05M
Imputed Operating Lease Depreciation	2.1M	2.46M	2.38M	1.65M	1.79M
Maintenance & Repair Expenses, Total	436K	518K	418K	444K	253K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	38.49M	63.26M	6.44M	3.42M	2.81M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	38.49M	63.26M	6.44M	3.42M	2.81M
Accounts Receivable, Total	87.16M	75.55M	100M	103M	83.95M
Other Receivables	3K	1.18M	100K	798K	650K
Notes Receivable	794K	336K	391K	46K	44K
Total Receivables	87.95M	77.06M	101M	104M	84.65M
Inventory	150M	104M	108M	106M	61.11M
Prepaid Expenses	2.56M	3.52M	3.24M	2.58M	2.96M
Other Current Assets, Total	16.63M	10.08M	13.45M	6.79M	5.02M
Total Current Assets	296M	258M	232M	223M	157M
Gross Property Plant And Equipment	846M	812M	804M	777M	782M
Accumulated Depreciation	-646M	-627M	-640M	-624M	-638M
Net Property Plant And Equipment	200M	185M	164M	153M	143M
Long-term Investments	14.73M	15.02M	15.92M	16.35M	16.19M
Other Intangibles, Total	1.14M	411K	173K	3K	119K
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	512M	459M	412M	393M	316M
Liabilities
Accounts Payable, Total	60.97M	31.4M	36.19M	37.66M	37.32M
Accrued Expenses, Total	14M	11.86M	8.9M	7.47M	6.51M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	103M	82.9M	61.71M	93.25M	45.96M
Current Portion of Leases	3.95M	2.38M	3.7M	3.9M	2.94M
Current Income Taxes Payable	4.43M	3.01M	6.78M	31.85M	28.65M
Other Current Liabilities	19.12M	16.63M	11.61M	7.87M	6.74M
Total Current Liabilities	205M	148M	129M	182M	128M
Long-Term Debt	211M	166M	148M	90.3M	114M
Long-Term Leases	19.75M	14.79M	6.73M	6.31M	4.23M
Pension & Other Post Retirement Benefits	20.02M	20.98M	22.68M	23.85M	22.26M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	456M	350M	307M	302M	268M
Common Stock, Total	61.63M	212M	109M	109M	109M
Retained Earnings	-6.2M	-103M	-3.58M	-18.82M	-61.04M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	55.43M	109M	105M	90.15M	47.93M
Total Equity	55.43M	109M	105M	90.15M	47.93M
Total Liabilities And Equity	512M	459M	412M	393M	316M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.17M	10.9M	10.9M	10.9M	10.9M
ECS Total Common Shares Outstanding	3.17M	10.9M	10.9M	10.9M	10.9M
Book Value / Share	17.47	10	9.67	8.27	4.4
Tangible Book Value	54.29M	109M	105M	90.15M	47.81M
Tangible Book Value Per Share	17.11	9.96	9.66	8.27	4.39
Total Debt	338M	266M	220M	194M	167M
Net Debt	299M	203M	214M	190M	164M
Debt Equivalent of Unfunded Proj. Benefit Obligation	20.02M	20.98M	22.68M	23.85M	-
Debt Equivalent Oper. Leases	32.42M	27.22M	23.87M	23.33M	38.67M
Equity Method Investments, Total	14.73M	15.02M	15.73M	16.35M	16.19M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	61.14M	65.02M	63.03M	52.34M	36.64M
Inventories - Work In Process, Total	4.79M	7.44M	9.06M	10.26M	6.91M
Inventories - Finished Goods, Total	80.78M	78.69M	57.85M	54.32M	24.99M
Inventories - Others	22.52M	23.15M	28.2M	23.85M	20.51M
Land - (BS)	146K	146K	146K	146K	146K
Buildings, Total	176M	176M	176M	175M	176M
Machinery, Total	555M	517M	520M	507M	510M
Accumulated Allowance for Doubtful Accounts (Supple)	68.76M	66.45M	65.5M	41.78M	35.23M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-83.42M	-85.52M	-1.38M	-15.93M	-42.59M
Depreciation & Amortization - CF	19.52M	20.97M	20M	17.35M	15.25M
Amortization of Goodwill and Intangible Assets - (CF)	856K	731K	238K	170K	44K
Depreciation & Amortization, Total	20.38M	21.7M	20.24M	17.52M	15.3M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-1.88M	-545K	-527K	-1.64M	-322K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	409K	-289K	-712K	-615K	157K
Provision and Write-off of Bad Debts	-	-	-955K	-23.72M	-6.55M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	32.92M	43.08M	-14.96M	12.33M	-10.65M
Change In Accounts Receivable	-14.91M	18.8M	-25.67M	27.77M	27.16M
Change In Inventories	-14.9M	-5.07M	12.58M	17.37M	51.73M
Change In Accounts Payable	6.6M	-17.23M	-5.04M	-4.99M	-644K
Change in Other Net Operating Assets	-8.34M	-23.5M	1.86M	1.1M	-1.59M
Cash from Operations	-63.14M	-48.58M	-14.56M	29.2M	32M
Capital Expenditure	-208K	-6.52M	-901K	-2.62M	-4.45M
Sale of Property, Plant, and Equipment	3M	632K	527K	1.84M	322K
Sale (Purchase) of Intangible assets	-	-	-	-	-160K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-4.37M	-
Cash from Investing	2.8M	-5.88M	-374K	-5.15M	-4.29M
Long-Term Debt Issued, Total	-	-	-	3.58M	-
Total Debt Issued	-	-	-	3.58M	-
Long-Term Debt Repaid, Total	-10.96M	-63.27M	-41.89M	-30.64M	-28.32M
Total Debt Repaid	-10.96M	-63.27M	-41.89M	-30.64M	-28.32M
Issuance of Common Stock	113M	150M	-	-	-
Other Financing Activities, Total	-7.39M	-7.51M	-	-	-
Cash from Financing	94.3M	79.22M	-41.89M	-27.06M	-28.32M
Net Change in Cash	33.96M	24.76M	-56.82M	-3.02M	-614K
Supplemental Items
Cash Interest Paid	20.74M	7M	-	-	-
Levered Free Cash Flow	-27.27M	-10.85M	-8.07M	47.48M	47.87M
Unlevered Free Cash Flow	-14.31M	-4.35M	-4.21M	54.53M	56.75M
Change In Net Working Capital	-4.73M	-26.73M	30.08M	-27.42M	-60.32M
Net Debt Issued / Repaid	-10.96M	-63.27M	-41.89M	-27.06M	-28.32M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-7.61	-9.53	1.5	3.04	-4.02
Return on Total Capital	-10.09	-12.05	1.86	4.01	-5.72
Return On Equity %	-188.45	-104.03	-1.28	-16.29	-61.7
Return on Common Equity	-188.45	-104.03	-1.28	-16.29	-61.7
Margin Analysis
Gross Profit Margin %	11.47	11.79	17.67	20.51	8.89
SG&A Margin	28.94	21.11	16.3	17.09	19.46
EBITDA Margin %	-23.55	-24.92	9.64	12.73	-5.93
EBITA Margin %	-32.2	-31.84	3.81	7.57	-11.57
EBIT Margin %	-32.65	-32.16	3.73	7.5	-11.59
Income From Continuing Operations Margin %	-43.4	-37.15	-0.49	-6.12	-21.65
Net Income Margin %	-43.4	-37.15	-0.49	-6.12	-21.65
Net Avail. For Common Margin %	-43.4	-37.15	-0.49	-6.12	-21.65
Normalized Net Income Margin	-27.3	-22.73	1.11	2.13	-11.81
Levered Free Cash Flow Margin	-14.19	-4.71	-2.88	18.22	24.33
Unlevered Free Cash Flow Margin	-7.45	-1.89	-1.5	20.93	28.84
Asset Turnover
Asset Turnover	0.37	0.47	0.64	0.65	0.56
Fixed Assets Turnover	0.92	1.2	1.61	1.64	1.33
Receivables Turnover (Average Receivables)	2.06	2.83	3.19	2.56	2.1
Inventory Turnover (Average Inventory)	1.08	1.59	2.17	1.93	2.14
Short Term Liquidity
Current Ratio	1.44	1.74	1.8	1.23	1.22
Quick Ratio	0.61	0.94	0.83	0.59	0.68
Operating Cash Flow to Current Liabilities	-0.31	-0.33	-0.11	0.16	0.25
Days Sales Outstanding (Average Receivables)	177.71	128.99	114.41	142.42	174.06
Days Outstanding Inventory (Average Inventory)	338.07	228.87	168.38	189.21	170.85
Average Days Payable Outstanding	159.31	107.24	52.55	65.77	102.3
Cash Conversion Cycle (Average Days)	356.47	250.63	230.24	265.85	242.61
Long Term Solvency
Total Debt/Equity	608.95	244.21	209.15	214.94	347.79
Total Debt / Total Capital	85.89	70.95	67.65	68.25	77.67
LT Debt/Equity	416.02	165.95	147.09	107.18	245.77
Long-Term Debt / Total Capital	58.68	48.21	47.58	34.03	54.89
Total Liabilities / Total Assets	89.16	76.26	74.42	77.04	84.84
EBIT / Interest Expense	-3.03	-7.12	1.69	1.73	-1.61
EBITDA / Interest Expense	-2.04	-5.03	4.97	3.29	-0.53
(EBITDA - Capex) / Interest Expense	-2.05	-5.66	4.82	3.05	-0.84
Total Debt / EBITDA	-7.97	-5.09	7.18	5.23	-22.2
Net Debt / EBITDA	-7.06	-3.88	6.97	5.14	-21.82
Total Debt / (EBITDA - Capex)	-7.93	-4.52	7.4	5.63	-13.93
Net Debt / (EBITDA - Capex)	-7.02	-3.45	7.19	5.53	-13.7
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-17.28	19.77	21.71	-7.02	-24.48
Gross Profit, 1 Yr. Growth %	-242.8	23.04	82.43	7.96	-67.28
EBITDA, 1 Yr. Growth %	-39.8	26.74	-147.08	22.75	-135.19
EBITA, 1 Yr. Growth %	-39.97	18.42	-114.57	84.52	-215.49
EBIT, 1 Yr. Growth %	-39.64	17.97	-114.11	87.09	-216.72
Earnings From Cont. Operations, 1 Yr. Growth %	-28.22	2.52	-98.39	1.06K	167.37
Net Income, 1 Yr. Growth %	-28.22	2.52	-98.39	1.06K	167.37
Normalized Net Income, 1 Yr. Growth %	-34.37	-0.28	-105.95	78.2	-518.62
Diluted EPS Before Extra, 1 Yr. Growth %	-	-14.77	-99.64	1.69K	167.37
Accounts Receivable, 1 Yr. Growth %	-12.4	-13.32	32.5	3.09	-18.65
Inventory, 1 Yr. Growth %	-8.41	-30.52	3.87	-2.01	-42.48
Net Property, Plant and Equip., 1 Yr. Growth %	-9.28	-7.28	-11.61	-6.45	-6.47
Total Assets, 1 Yr. Growth %	-1.5	-10.28	-10.24	-4.7	-19.48
Tangible Book Value, 1 Yr. Growth %	74.59	99.96	-3.08	-14.32	-46.96
Common Equity, 1 Yr. Growth %	67.5	96.58	-3.29	-14.46	-46.83
Cash From Operations, 1 Yr. Growth %	279.98	-23.06	-65.2	-300.6	9.58
Capital Expenditures, 1 Yr. Growth %	-57.72	3.03K	-86.17	191.01	69.83
Levered Free Cash Flow, 1 Yr. Growth %	-229.17	-60.27	-27.56	-688.24	0.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-140.9	-69.58	-9.28	-1.39K	4.07
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-30.77	-0.46	20.74	6.38	-16.2
Gross Profit, 2 Yr. CAGR %	-30.94	32.55	49.82	40.34	-40.57
EBITDA, 2 Yr. CAGR %	499.59	-12.65	-22.75	-23.98	-34.28
EBITA, 2 Yr. CAGR %	41.5	-15.69	-58.46	-48.14	45.98
EBIT, 2 Yr. CAGR %	42.48	-15.62	-59.2	-48.62	47.77
Earnings From Cont. Operations, 2 Yr. CAGR %	21.66	-14.22	-87.16	-56.84	456.37
Net Income, 2 Yr. CAGR %	22.67	-14.22	-87.16	-56.84	456.37
Normalized Net Income, 2 Yr. CAGR %	26.11	-19.1	-75.64	-67.44	173.13
Diluted EPS Before Extra, 2 Yr. CAGR %	-26.23	-	-94.43	-74.45	592.59
Accounts Receivable, 2 Yr. CAGR %	-29.11	-12.86	7.17	16.87	-8.42
Inventory, 2 Yr. CAGR %	-21.03	-20.23	-15.05	0.88	-24.93
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.98	-8.29	-9.47	-9.06	-6.46
Total Assets, 2 Yr. CAGR %	-13.37	-5.99	-10.26	-7.51	-12.4
Tangible Book Value, 2 Yr. CAGR %	-39.85	86.84	39.21	-8.88	-32.59
Common Equity, 2 Yr. CAGR %	-39.22	81.46	37.88	-9.05	-32.56
Cash From Operations, 2 Yr. CAGR %	17.5	70.98	-51.98	-16.45	48.26
Capital Expenditures, 2 Yr. CAGR %	-80.31	263.92	108.13	-36.57	122.31
Levered Free Cash Flow, 2 Yr. CAGR %	-37.54	-28.31	-45.64	106.43	143.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-58.2	-64.72	-45.75	242.67	267.03
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-27.32	-16.89	6.44	10.67	-5.1
Gross Profit, 3 Yr. CAGR %	-31.47	-16.28	47.44	34.32	-13.62
EBITDA, 3 Yr. CAGR %	31.27	257.17	-28.91	-9.86	-41.2
EBITA, 3 Yr. CAGR %	4.07	33.35	-53.03	-31.71	-32.28
EBIT, 3 Yr. CAGR %	4.55	33.79	-53.51	-32.22	-32.46
Earnings From Cont. Operations, 3 Yr. CAGR %	3.84	14.91	-77.21	-42.41	-20.73
Net Income, 3 Yr. CAGR %	-1.89	15.55	-77.21	-42.41	-20.73
Normalized Net Income, 3 Yr. CAGR %	10.62	16.62	-66.1	-52.71	-23.72
Diluted EPS Before Extra, 3 Yr. CAGR %	-25.72	-22.59	-	-61.83	-44.12
Accounts Receivable, 3 Yr. CAGR %	-20.69	-24.19	0.2	5.79	3.58
Inventory, 3 Yr. CAGR %	-20.51	-24.33	-12.89	-10.91	-16.35
Net Property, Plant and Equip., 3 Yr. CAGR %	-7.8	-6.41	-9.41	-8.47	-8.21
Total Assets, 3 Yr. CAGR %	-13.05	-12.35	-7.43	-8.44	-11.69
Tangible Book Value, 3 Yr. CAGR %	-36.67	-10.23	50.13	18.41	-23.92
Common Equity, 3 Yr. CAGR %	-36.23	-10.11	47.12	17.6	-23.95
Cash From Operations, 3 Yr. CAGR %	-7.4	2.03	-4.32	-22.67	-8.54
Capital Expenditures, 3 Yr. CAGR %	-71.76	6.69	22.35	132.73	-11.92
Levered Free Cash Flow, 3 Yr. CAGR %	-39.14	-46.26	-27.43	20.23	62.57
Unlevered Free Cash Flow, 3 Yr. CAGR %	-52.29	-62.4	-50.62	56.18	130.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-25.04	-16.51	-10.96	-8.27	-3.27
Gross Profit, 5 Yr. CAGR %	-33.18	-19.31	-6.3	2.94	2.52
EBITDA, 5 Yr. CAGR %	10.25	13.1	6.18	92.35	-31.11
EBITA, 5 Yr. CAGR %	33.49	-1.51	-27.92	-8.61	-26.07
EBIT, 5 Yr. CAGR %	33.86	-1.32	-28.25	-8.76	-26.17
Earnings From Cont. Operations, 5 Yr. CAGR %	8.86	-2.31	-54.99	-22.33	-18.19
Net Income, 5 Yr. CAGR %	8.86	-2.33	-56.5	-22.07	-18.19
Normalized Net Income, 5 Yr. CAGR %	9.96	-1.03	-39.61	-29.99	-21.9
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.89	-22.93	-73.65	-50.32	-
Accounts Receivable, 5 Yr. CAGR %	-13.82	-14.68	-10.54	-9.86	-3.34
Inventory, 5 Yr. CAGR %	-20.66	-23.24	-18.37	-15.1	-17.92
Net Property, Plant and Equip., 5 Yr. CAGR %	-9.55	-8.53	-8.47	-7.48	-8.24
Total Assets, 5 Yr. CAGR %	-13.73	-12.88	-11.94	-10.45	-9.45
Tangible Book Value, 5 Yr. CAGR %	-32.81	-18.52	-13.22	-9.69	8.98
Common Equity, 5 Yr. CAGR %	-32.53	-18.45	-13.19	-9.69	7.69
Cash From Operations, 5 Yr. CAGR %	1.33	-8.57	-28.79	-8.58	14
Capital Expenditures, 5 Yr. CAGR %	-68.01	-8.49	-37.22	-13.34	55.36
Levered Free Cash Flow, 5 Yr. CAGR %	26.83	-37.94	-41.81	-7.45	17.79
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.44	-49.3	-49.77	-7.82	10.15