9588.SR

Riyadh Steel Co. 9588.SR

Finances

2024 2023 2022 2021 2020
Revenue 162.573 M 21.14 % 134.201 M -14.03 % 156.102 M 7.85 % 144.743 M 30.60 % 110.830 M
Net income 1.999 M -82.06 % 11.144 M 118.80 % 5.093 M 13.65 % 4.482 M 123.98 % 2.001 M
Income before tax 3.636 M -71.96 % 12.968 M 100.91 % 6.455 M 15.43 % 5.592 M 82.41 % 3.066 M
Income before tax ratio 0.02 -76.85 % 0.10 133.70 % 0.04 7.03 % 0.04 39.68 % 0.03
EBITDA 10.140 M -47.72 % 19.395 M 76.65 % 10.979 M -13.11 % 12.636 M 131.80 % 5.451 M
Net income ratio 0.01 -85.19 % 0.08 154.51 % 0.03 5.38 % 0.03 71.50 % 0.02
Ratio EBITDA 0.06 -56.84 % 0.14 105.48 % 0.07 -19.43 % 0.09 77.49 % 0.05
Gross profit ratio 0.09 -42.99 % 0.16 62.82 % 0.10 22.87 % 0.08 40.82 % 0.06
Weighted average shs out dil 70.000 M 900.00 % 7.000 M 0.00 % 7.000 M 0.00 % 7.000 M 0.00 % 7.000 M
Weighted average shs out 70.000 M 900.00 % 7.000 M 0.00 % 7.000 M 0.00 % 7.000 M 0.00 % 7.000 M
EPS diluted 0.03 -98.20 % 1.59 117.81 % 0.73 14.06 % 0.64 120.69 % 0.29
Earnings per share 0.03 -98.20 % 1.59 117.81 % 0.73 14.06 % 0.64 120.69 % 0.29
Gross profit 15.231 M -30.94 % 22.054 M 39.97 % 15.756 M 32.52 % 11.890 M 83.91 % 6.465 M
Income tax expense 1.638 M -10.22 % 1.824 M 33.97 % 1.362 M 22.61 % 1.111 M 4.30 % 1.065 M
Cost of revenue 146.224 M 30.39 % 112.147 M -20.09 % 140.347 M 5.64 % 132.853 M 27.30 % 104.365 M
General and administrative expenses 9.219 M 2.21 % 9.020 M 503.94 % 1.493 M -73.49 % 5.635 M 191.46 % 1.933 M
Selling and marketing expenses 2.115 M 12.52 % 1.879 M 17.56 % 1.599 M -6.31 % 1.706 M 17.14 % 1.457 M
Other expenses 1.187 M 0.000 -100.00 % 5.932 M 0.000 0.000
Operating expenses 12.277 M 12.64 % 10.899 M 20.78 % 9.024 M 38.24 % 6.528 M 106.61 % 3.159 M
Cost and expenses -158.431 M -228.76 % 123.046 M -17.62 % 149.370 M 7.17 % 139.381 M 29.63 % 107.525 M
Research and development expenses 0.000 0.000 0.000 0.000 0.000
Selling general and administrative expenses 11.090 M 1.75 % 10.899 M 252.48 % 3.092 M -52.63 % 6.528 M 106.61 % 3.159 M
Interest income 683.688 K 94.14 % 352.157 K 0.000 0.000 0.000
Interest expense 1.909 M 3.98 % 1.836 M 241.27 % 538.042 K 102.16 % 266.144 K -39.01 % 436.345 K
Depreciation and amortization 4.594 M 0.08 % 4.591 M 15.15 % 3.987 M -40.71 % 6.724 M 244.98 % 1.949 M
Operating income 4.142 M -62.87 % 11.155 M 65.70 % 6.732 M 25.55 % 5.362 M 62.20 % 3.306 M
Operating income ratio 0.03 -69.35 % 0.08 92.74 % 0.04 16.42 % 0.04 24.20 % 0.03
Total other income expenses net -505.156 K -131.91 % 1.583 M 671.26 % -277.080 K -220.28 % 230.361 K 196.00 % -239.947 K
2024 2023 2022 2021 2020
2024 2023 2022 2021 2020
Net debt -8.212 M -133.06 % 24.841 M 782.06 % -3.642 M -174.69 % 4.876 M -44.54 % 8.792 M
Total investments 0.000 -100.00 % 6.000 M 0.000 0.000 0.000
Total debt 13.552 M -64.51 % 38.184 M 399.41 % 7.646 M -58.94 % 18.621 M 10.49 % 16.852 M
Accumulated other comprehensive income loss -1.246 M -135.79 % 3.481 M 19.51 % 2.913 M -7.68 % 3.155 M 38.29 % 2.281 M
Retained earnings 9.102 M -57.57 % 21.452 M 87.80 % 11.423 M 67.02 % 6.839 M -78.07 % 31.184 M
Common stock 70.000 M 40.00 % 50.000 M 0.00 % 50.000 M 0.00 % 50.000 M 367.29 % 10.700 M
Total equity 77.857 M 3.90 % 74.933 M 16.47 % 64.335 M 7.24 % 59.994 M 35.84 % 44.166 M
Other non current liabilities 4.490 M -28.67 % 6.294 M 4.85 % 6.003 M -5.08 % 6.325 M 101.62 % 3.137 M
Long term debt 11.318 M -38.31 % 18.346 M 431.86 % 3.449 M -7.90 % 3.745 M -52.07 % 7.813 M
Total non current liabilities 15.807 M -35.85 % 24.640 M 160.67 % 9.452 M -6.13 % 10.070 M -8.04 % 10.950 M
Other current liabilities 3.522 M -16.62 % 4.224 M 58.58 % 2.664 M -10.26 % 2.968 M -57.48 % 6.981 M
Deferred revenue 159.136 K 0.000 -100.00 % 196.911 K -65.95 % 578.315 K 65.20 % 350.066 K
Short term debt 4.469 M -77.47 % 19.838 M 372.74 % 4.196 M -71.79 % 14.876 M 64.57 % 9.039 M
Total current liabilities 10.953 M -58.00 % 26.078 M 126.01 % 11.538 M -47.26 % 21.878 M 15.91 % 18.874 M
Total liabilities 26.761 M -47.24 % 50.718 M 141.62 % 20.991 M -34.30 % 31.947 M 7.12 % 29.825 M
Other non current assets 0.000 0.000 0.000 0.000 0.000
Long term investments 0.000 0.000 0.000 0.000 0.000
Intangible assets 0.000 -100.00 % 47.573 K -38.06 % 76.809 K -13.89 % 89.196 K 0.000
GoodWill 0.000 0.000 0.000 0.000 0.000
Goodwill and intangible assets 0.000 -100.00 % 47.573 K -38.06 % 76.809 K -13.89 % 89.196 K 0.000
Property plant equipment net 24.434 M -24.89 % 32.531 M 87.72 % 17.329 M -16.07 % 20.647 M 118.97 % 9.429 M
Total non current assets 24.434 M -25.00 % 32.578 M 87.17 % 17.406 M -16.06 % 20.737 M 119.91 % 9.429 M
Other current assets 1.208 M -44.77 % 2.187 M -17.77 % 2.659 M 141.56 % 1.101 M -10.49 % 1.230 M
Short term investments 0.000 -100.00 % 6.000 M 0.000 0.000 0.000
cash and cash equivalents 21.764 M 63.12 % 13.342 M 18.69 % 11.241 M -18.21 % 13.745 M 70.52 % 8.061 M
Cash and short term investments 21.764 M 12.52 % 19.342 M 72.06 % 11.241 M -18.21 % 13.745 M 70.52 % 8.061 M
Total current assets 80.183 M -13.85 % 93.073 M 37.03 % 67.920 M -4.61 % 71.205 M 10.29 % 64.561 M
Inventory 35.625 M -21.89 % 45.609 M 44.65 % 31.531 M 4.23 % 30.252 M 155.00 % 11.863 M
Net receivables 21.586 M -16.77 % 25.935 M 15.33 % 22.488 M -13.86 % 26.107 M -39.85 % 43.407 M
Tax assets 0.000 0.000 0.000 0.000 0.000
Other assets 0.000 0.000 0.000 0.000 0.000
Account payables 2.803 M 39.02 % 2.016 M -35.38 % 3.120 M 39.91 % 2.230 M 54.91 % 1.439 M
Tax payables 0.000 0.000 -100.00 % 1.362 M 11.09 % 1.226 M 15.12 % 1.065 M
Deferred revenue non current 0.000 0.000 0.000 0.000 0.000
Minority interest 0.000 0.000 0.000 0.000 0.000
Capital lease obligations 13.552 M -30.26 % 19.434 M 328.62 % 4.534 M -20.69 % 5.716 M 13.98 % 5.015 M
Preferred stock 0.000 0.000 0.000 0.000 0.000
Other total stockholders equity 0.000 100.00 % -2.170 M 0.000 0.000 0.000
Deferred tax liabilities non current 0.000 0.000 0.000 0.000 0.000
Other liabilities 0.000 0.000 0.000 0.000 0.000
Total assets 104.617 M -16.74 % 125.651 M 47.26 % 85.326 M -7.19 % 91.941 M 24.26 % 73.990 M
2024 2023 2022 2021 2020
2024 2023 2022 2021 2020
Deferred income tax 0.000 0.000 0.000 0.000 0.000
Stock based compensation 0.000 0.000 0.000 0.000 0.000
Change in working capital 15.694 M 184.16 % -18.647 M -1 544.52 % -1.134 M -120.20 % 5.612 M 231.53 % 1.693 M
Accounts receivables 3.497 M 227.52 % -2.742 M -209.80 % 2.498 M -79.68 % 12.289 M 230.28 % -9.433 M
Inventory 11.768 M 182.60 % -14.246 M -623.76 % -1.968 M 55.00 % -4.374 M -175.33 % 5.806 M
Accounts payables 786.764 K 171.29 % -1.104 M -224.00 % 889.965 K 119.69 % -4.521 M -813.09 % 633.970 K
Other working capital -357.274 K 35.66 % -555.323 K 78.25 % -2.553 M -215.12 % 2.218 M -52.67 % 4.686 M
Other non cash items 2.981 M 1 597.52 % -199.083 K -113.73 % 1.450 M 391.14 % 295.310 K -68.88 % 949.064 K
Net cash provided by operating activities 25.269 M 2 062.29 % -1.288 M -113.70 % 9.396 M -29.98 % 13.418 M 103.56 % 6.592 M
Investments in property plant and equipment -1.921 M 28.96 % -2.704 M -308.63 % -661.600 K 68.96 % -2.131 M -287.30 % -550.286 K
Acquisitions net 0.000 0.000 -100.00 % 19.130 K -91.78 % 232.825 K 0.000
Purchases of investments 0.000 0.000 0.000 100.00 % -8.753 M 0.000
Sales maturities of investments 6.000 M 0.000 0.000 0.000 0.000
Other investing activites 0.000 100.00 % -6.000 M 0.000 0.000 0.000
Net cash used for investing activites 4.079 M 146.87 % -8.704 M -1 254.69 % -642.470 K 93.97 % -10.651 M -1 835.53 % -550.286 K
Debt repayment -18.750 M -219.90 % 15.638 M 258.94 % -9.839 M -27.24 % -7.733 M -313.67 % 3.619 M
Common stock issued 0.000 0.000 0.000 0.000 0.000
Common stock repurchased 0.000 0.000 0.000 0.000 0.000
Dividends paid 0.000 0.000 0.000 0.000 100.00 % -5.000 M
Other financing activites -2.176 M 38.64 % -3.546 M -150.10 % -1.418 M -113.31 % 10.649 M 0.000
Net cash used provided by financing activities -20.926 M -273.05 % 12.092 M 207.42 % -11.257 M -485.98 % 2.917 M 311.20 % -1.381 M
Effect of forex changes on cash 0.000 0.000 0.000 0.000 0.000
Net change in cash 8.422 M 300.88 % 2.101 M 183.92 % -2.503 M -144.04 % 5.684 M 21.95 % 4.661 M
Cash at beginning of period 13.342 M 18.69 % 11.241 M -18.21 % 13.745 M 70.52 % 8.061 M 137.09 % 3.400 M
Cash at end of period 21.764 M 63.12 % 13.342 M 18.69 % 11.241 M -18.21 % 13.745 M 70.52 % 8.061 M
Operating cash flow 24.394 M 1 994.34 % -1.288 M -113.70 % 9.396 M -29.98 % 13.418 M 103.56 % 6.592 M
Capital expenditure -1.921 M 28.96 % -2.704 M -308.63 % -661.600 K 68.96 % -2.131 M -287.30 % -550.286 K
Free CashFlow 22.473 M 663.06 % -3.991 M -145.69 % 8.735 M -22.62 % 11.287 M 86.82 % 6.042 M
2024 2023 2022 2021 2020
2025-06-30 2024-12-31 2024-06-30
Revenue 82.421 M -10.33 % 91.919 M 30.10 % 70.654 M
Net income 2.454 M 558.22 % -535.570 K -121.13 % 2.534 M
Income before tax 3.240 M 966.44 % 303.811 K -90.88 % 3.333 M
Income before tax ratio 0.04 1 089.34 % 0.00 -92.99 % 0.05
EBITDA 5.574 M 51.01 % 3.691 M -44.47 % 6.647 M
Net income ratio 0.03 611.03 % -0.01 -116.24 % 0.04
Ratio EBITDA 0.07 68.42 % 0.04 -57.31 % 0.09
Gross profit ratio 0.09 26.44 % 0.07 -45.78 % 0.14
Weighted average shs out dil 70.000 M 0.00 % 70.000 M 900.00 % 7.000 M
Weighted average shs out 70.000 M 0.00 % 70.000 M 900.00 % 7.000 M
EPS diluted 0.04 561.84 % -0.01 -102.11 % 0.36
Earnings per share 0.04 561.84 % -0.01 -102.11 % 0.36
Gross profit 7.644 M 13.38 % 6.742 M -29.47 % 9.559 M
Income tax expense 785.863 K -6.38 % 839.381 K 5.13 % 798.384 K
Cost of revenue 74.777 M -12.21 % 85.177 M 39.42 % 61.094 M
General and administrative expenses 0.000 0.000 0.000
Selling and marketing expenses 0.000 0.000 0.000
Other expenses 0.000 0.000 0.000
Operating expenses 4.608 M -24.08 % 6.069 M -1.47 % 6.160 M
Cost and expenses 79.384 M -13.00 % 91.246 M 35.67 % 67.255 M
Research and development expenses 0.000 0.000 0.000
Selling general and administrative expenses 4.608 M -24.08 % 6.069 M -1.47 % 6.160 M
Interest income 377.930 K 0.000 -100.00 % 448.213 K
Interest expense 354.969 K -69.20 % 1.152 M 20.74 % 954.417 K
Depreciation and amortization 1.979 M -11.45 % 2.235 M -5.28 % 2.359 M
Operating income 3.036 M 351.20 % 672.976 K -80.20 % 3.399 M
Operating income ratio 0.04 403.19 % 0.01 -84.78 % 0.05
Total other income expenses net 203.534 K 0.000 100.00 % -66.250 K
2025-06-30 2024-12-31 2024-06-30
2025-06-30 2024-12-31 2024-06-30 2023-12-31 2023-06-30 2022-12-31
Net debt -6.392 M 22.16 % -8.212 M -293.92 % 4.235 M -82.95 % 24.841 M 212.30 % -22.121 M -515.22 % -3.596 M
Total investments 0.000 0.000 0.000 -100.00 % 6.000 M 0.000 0.000
Total debt 12.234 M -9.73 % 13.552 M -3.84 % 14.093 M -63.09 % 38.184 M 0.000 -100.00 % 7.646 M
Accumulated other comprehensive income loss -1.246 M 0.00 % -1.246 M 42.61 % -2.170 M 0.000 0.000 0.000
Retained earnings 11.557 M 26.96 % 9.102 M -5.56 % 9.638 M -55.07 % 21.452 M 0.000 -100.00 % 11.423 M
Common stock 70.000 M 0.00 % 70.000 M 0.00 % 70.000 M 40.00 % 50.000 M 0.000 -100.00 % 50.000 M
Total equity 80.311 M 3.15 % 77.857 M 0.50 % 77.467 M 3.38 % 74.933 M 12.08 % 66.858 M 3.92 % 64.335 M
Other non current liabilities 4.879 M 8.66 % 4.490 M -80.02 % 22.467 M 256.94 % 6.294 M -76.74 % 27.065 M 350.85 % 6.003 M
Long term debt 10.856 M -4.08 % 11.318 M 0.000 -100.00 % 18.346 M 0.000 -100.00 % 3.449 M
Total non current liabilities 15.735 M -0.46 % 15.807 M -29.64 % 22.467 M -8.82 % 24.640 M -8.96 % 27.065 M 186.33 % 9.452 M
Other current liabilities 4.209 M -26.89 % 5.757 M 38.71 % 4.150 M 29 812.86 % 13.875 K -99.93 % 19.758 M 402.86 % 3.929 M
Deferred revenue 0.000 -100.00 % 159.136 K 0.000 -100.00 % 4.210 M 0.000 0.000
Short term debt 1.378 M -38.35 % 2.235 M -84.14 % 14.093 M -28.96 % 19.838 M 0.000 -100.00 % 4.196 M
Total current liabilities 6.802 M -37.90 % 10.953 M -52.93 % 23.273 M -10.76 % 26.078 M 31.99 % 19.758 M 71.24 % 11.538 M
Total liabilities 22.536 M -15.79 % 26.761 M -41.49 % 45.740 M -9.82 % 50.718 M 8.32 % 46.823 M 123.07 % 20.991 M
Other non current assets 0.000 0.000 0.000 0.000 0.000 0.000
Long term investments 0.000 0.000 0.000 0.000 0.000 0.000
Intangible assets 202.500 K 0.000 -100.00 % 33.303 K -30.00 % 47.573 K 0.000 -100.00 % 76.809 K
GoodWill 0.000 0.000 0.000 0.000 0.000 0.000
Goodwill and intangible assets 202.500 K 0.000 -100.00 % 33.303 K -30.00 % 47.573 K 0.000 -100.00 % 76.809 K
Property plant equipment net 22.508 M -7.88 % 24.434 M -19.82 % 30.476 M -6.32 % 32.531 M 0.000 -100.00 % 17.329 M
Total non current assets 22.710 M -7.06 % 24.434 M -19.91 % 30.509 M -6.35 % 32.578 M 36.14 % 23.930 M 37.48 % 17.406 M
Other current assets 1.990 M 64.76 % 1.208 M -76.12 % 5.058 M 131.29 % 2.187 M -96.77 % 67.631 M 2 443.08 % 2.659 M
Short term investments 0.000 0.000 0.000 -100.00 % 6.000 M 0.000 0.000
cash and cash equivalents 18.626 M -14.42 % 21.764 M 120.76 % 9.859 M -26.11 % 13.342 M -39.68 % 22.121 M 96.78 % 11.241 M
Cash and short term investments 18.626 M -14.42 % 21.764 M 120.76 % 9.859 M -49.03 % 19.342 M -12.56 % 22.121 M 96.78 % 11.241 M
Total current assets 80.137 M -0.06 % 80.183 M -13.50 % 92.698 M -0.40 % 93.073 M 3.70 % 89.752 M 32.14 % 67.920 M
Inventory 42.593 M 19.56 % 35.625 M -29.61 % 50.608 M 10.96 % 45.609 M 0.000 -100.00 % 31.531 M
Net receivables 16.928 M -21.58 % 21.586 M -20.56 % 27.173 M 4.78 % 25.935 M 0.000 0.000
Tax assets 0.000 0.000 0.000 0.000 0.000 0.000
Other assets 0.000 0.000 0.000 0.000 0.000 0.000
Account payables 1.215 M -56.64 % 2.803 M -44.27 % 5.029 M 149.45 % 2.016 M 0.000 -100.00 % 3.120 M
Tax payables 0.000 0.000 0.000 0.000 0.000 -100.00 % 293.074 K
Deferred revenue non current 0.000 0.000 0.000 0.000 0.000 0.000
Minority interest 0.000 0.000 0.000 0.000 0.000 0.000
Capital lease obligations 10.856 M -4.08 % 11.318 M 0.000 -100.00 % 19.434 M 0.000 -100.00 % 4.534 M
Preferred stock 0.000 0.000 0.000 -100.00 % 2.170 M 0.000 0.000
Other total stockholders equity 0.000 100.00 % -1.246 M 0.000 -100.00 % 3.481 M -94.79 % 66.858 M 2 195.45 % 2.913 M
Deferred tax liabilities non current 0.000 0.000 0.000 0.000 0.000 0.000
Other liabilities 0.000 0.000 0.000 0.000 0.000 0.000
Total assets 102.847 M -1.69 % 104.617 M -15.09 % 123.207 M -1.95 % 125.651 M 10.53 % 113.681 M 33.23 % 85.326 M
2025-06-30 2024-12-31 2024-06-30 2023-12-31 2023-06-30 2022-12-31
2025-06-30 2024-12-31 2024-06-30
Deferred income tax 0.000 0.000 0.000
Stock based compensation 0.000 0.000 0.000
Change in working capital -6.743 M -129.76 % 22.660 M 425.30 % -6.966 M
Accounts receivables 4.555 M -17.63 % 5.531 M 371.99 % -2.033 M
Inventory -8.751 M -152.19 % 16.766 M 435.41 % -4.999 M
Accounts payables -1.588 M 28.69 % -2.226 M -173.89 % 3.013 M
Other working capital -959.227 K -137.04 % 2.590 M 187.88 % -2.947 M
Other non cash items 97.112 K -87.34 % 767.134 K -42.72 % 1.339 M
Net cash provided by operating activities -2.212 M -108.80 % 25.127 M 3 527.51 % -733.088 K
Investments in property plant and equipment -255.000 K 44.00 % -455.347 K 68.92 % -1.465 M
Acquisitions net 0.000 0.000 0.000
Purchases of investments 0.000 0.000 0.000
Sales maturities of investments 0.000 0.000 -100.00 % 6.000 M
Other investing activites 0.000 0.000 0.000
Net cash used for investing activites -255.000 K 44.00 % -455.347 K -110.04 % 4.535 M
Debt repayment 0.000 100.00 % -12.500 M -100.00 % -6.250 M
Common stock issued 0.000 0.000 0.000
Common stock repurchased 0.000 0.000 0.000
Dividends paid 0.000 0.000 0.000
Other financing activites -670.963 K -152.39 % -265.842 K 74.32 % -1.035 M
Net cash used provided by financing activities -670.963 K 94.74 % -12.766 M -75.23 % -7.285 M
Effect of forex changes on cash 0.000 0.000 0.000
Net change in cash -3.138 M -126.36 % 11.906 M 441.77 % -3.483 M
Cash at beginning of period 21.764 M 120.76 % 9.859 M -26.11 % 13.342 M
Cash at end of period 18.626 M -14.42 % 21.764 M 120.76 % 9.859 M
Operating cash flow -2.212 M -108.80 % 25.127 M 3 527.51 % -733.088 K
Capital expenditure -30.000 K 93.41 % -455.350 K 68.92 % -1.465 M
Free CashFlow -2.242 M -109.09 % 24.671 M 1 222.29 % -2.198 M
2025 2024 2024
Date Form 10K
2024
2023
2022
2021
2020