1_07-11-2012

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Saudi Steel Pipes Co.|Building & Construction Last Closing:

SAR

22.05 (11/07/2012)

Activities

52-Week High:

SAR

31.90 (26/12/2011)

52-Week Low:

SAR

20.25 (09/08/2011)

The company is engaged in producing galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water and construction sectors, in addition to producing vertically welded electric resistance (ERW) pipes.

Price Performance: Company

Sector

Market

0.22%

-1.21%

-0.80%

1-Week

-1.57%

-2.79%

-2.57%

1-Month

-1.13%

-2.20%

-1.94%

3-Month

-25.26%

-21.36%

-12.07%

1-Year

-11.45%

-14.13%

1.40%

5-Year

0.00%

-46.58%

-10.06%

1-Day

SAR 510.00 Million

Paid Up Capital:

Daily Market Performance

51.00 Million

Outstanding Shares:

Sector Rank Share

Chairman: Khaled A. Al Rabiah

22.8

SAR 1,124.55 Million

Market Capitalization:

Market

GCC

7

93

242

6.32%

0.09%

0.04%

Managing Director :Riyad Y. Al Rabiah

22.6

Board Members:

Abdurrahman A. Al Khareef Fahad M. Al Saja Ok Soo An Hisham A. Al Ramah Ahmad H. Al Khanini Hamdan A. Al Hamdan Jin C. Lee

22.4

Ratio Comparison: Sector

Market

1.02

1.01

1.00

P/E

19.55

197.46

13.32

P/B

1.46

1.77

1.80

P/R

1.67

0.87

2.07

D/Y

6.80

5.21

4.95

ROA

5.94

0.31

3.77

ROE

7.47

0.89

13.51

Net Margin

8.55

0.44

16.21

Current Ratio

4.29

1.20

1.49

Equity/Assets

79.54

34.56

27.90

7.59

23.82

64.42

Debt/Equity

SAR

Company

Beta

22.2 22

Auditors: KPMG Al Fawzan & Banaga

21.8

Email: info@sspipe.com

400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0

WebSite: www.sspipe.com

5/27

6/3

6/10

6/17

6/24

Shareholders

7/1

7/8

Quarterly Income Data 240,000

200,000

SAR '000

Hue Steel Co. Ltd.

16.30%

Others

Abdullah I. Al Khoreif & Sons Co.

34.90%

8.80%

160,000

120,000

80,000

40,000

0

Q1/2012

Q4/2011

Al Rabiah & Al Nassar Group

Q3/2011

Sales

40.00%

Q2/2011

Q1/2011

Gross Profit

Q3/2010

Q2/2010

Q1/2010

Net Profit

3-Month Financial Data

Total Assets 1,000,000

31/03/2012

31/03/2011

Change %

206,850

163,107

26.82

29,133

28,751

1.33

6,040

5,338

13.15

18,320

21,013

-12.82

-42.57

SAR '000

Income Data (SAR '000) 800,000

Sales

600,000

Gross Profit

400,000

Gen Admin Expenses Net Profit

200,000

Balance Sheet Data (SAR '000) 0

2011

2010

2009

Total Liabilities

2008

2007

Owners Equity

Yearly Income Data 1,000,000

SAR '000

800,000 600,000

Cash

16,531

28,786

Inventories

233,343

179,492

30.00

Account Receivable

173,088

133,109

30.03

Current Assets

459,629

470,225

-2.25 81.06

Current Liabilities

107,079

59,140

Total Assets

968,501

917,199

5.59

Total Liabilities

198,134

117,997

67.91

Capital

510,000

510,000

0.00

Reserves

38,721

32,699

18.42

Long Term Debts

58,461

28,350

106.21

770,368

799,202

-3.61

-63.30

Owners Equity

400,000

Cash Flow Data (SAR '000)

200,000

Cash Flow From Operating Activities 0

2011

Sales

2010

Gross Profit

2009

2008

Net Profit

2007

Total Operating Expenses

24,943

67,968

From Investing Activities

-12,770

-25,309

N/M

From Financing Activities

-37,064

-51,500

N/M

Increase (Decrease) in Cash

-24,891

-8,842

N/M

23,503

-7.99

Net Cash Flow

21,625


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