Saudi Basic Industries Corporation SJSC (2010) Stock Price & News

(SAR)	Sep 2024	Y/Y change
Revenue	36.88B	2.52%
Operating expense	4.77B	-3.89%
Net income	1.00B	134.89%
Net profit margin	2.72	134.00%
Earnings per share	0.36	100.00%
EBITDA	5.40B	9.00%
Effective tax rate	17.00%	—

Balance Sheet

Total assets

Total liabilities

(SAR)	Sep 2024	Y/Y change
Cash and short-term investments	34.47B	-23.01%
Total assets	281.02B	-6.11%
Total liabilities	87.93B	-8.91%
Total equity	193.09B	—
Shares outstanding	3.00B	—
Price to book	1.22	—
Return on assets	1.97%	—
Return on capital	2.46%	—

Cash Flow

Net change in cash

(SAR)	Sep 2024	Y/Y change
Net income	1.00B	134.89%
Cash from operations	6.55B	-13.78%
Cash from investing	-2.28B	66.10%
Cash from financing	-6.84B	-220.76%
Net change in cash	-2.52B	-95.12%
Free cash flow	-5.10B	-662.07%

About

Saudi Basic Industries Corporation, known as SABIC, is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. Wikipedia

Founded

Sep 1976

Headquarters

Riyadh, Riyadh Province
Saudi Arabia

Website

sabic.com

Employees

33,000