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    Financial conglomerates
Saudi Advanced Industries Co.

Saudi Advanced Industries Co.

TTADAWUL:2120
12.32
SAR
-0.69
(-5.30%)
-0.64EPS
1.01BMarket Cap
Saudi Advanced Industries Co.
TADAWUL:2120
(Saudi Exchange)

Recent

price

12.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SAR
0.22
0.17
-0.64
0.51
0.46
0.32
0.31
0.58
0.74
0.74
0.61
1.69
1.97
3.05
5.8
-2.09
-0.02
Revenue per Share
0.17
0.07
-1.04
0.42
0.17
0.02
0.2
0.51
0.62
0.48
0.43
1.52
1.7
2.52
5
-2.75
-0.64
Basic EPS, GAAP
0.04
-0.01
0.11
1.04
0.09
-0.09
0.08
0.23
0.05
0.08
0.09
-0.04
-0.07
-3.57
1.28
0.5
0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.21
0.21
0.64
0.51
1
1
- -
Dividend per Share
13.87
13.74
12.89
14.75
13.08
11.2
12.59
12.87
13.12
13.31
14
15.56
15.02
16.87
20.86
17.14
17.36
Book Value per Share
13.87
13.74
8.2
14.75
13.08
11.2
12.59
12.87
13.12
13.31
14
15.56
15.02
16.87
20.86
17.14
17.36
Tangible Book Value per Share
60
60
60
60
60
60
61
60
60
60
60
60
59
59
59
59
59
Basic Weighted Avg Shares
13
10
-38
31
27
19
19
35
45
44
37
101
116
180
342
-123
-1
Sales/Revenue/Turnover
79.3
58.12
110.8
85.75
78.64
67.92
67.9
81.01
85.16
77.9
79.04
91.24
88.51
90.06
92.15
118.39
1,556.91
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Depreciation Expense
10
4
-62
25
10
1
12
31
37
29
26
91
100
149
295
-163
-37
Net Income, GAAP
7.02
10.26
- -
3.9
4.67
- -
4.72
1.92
- -
2.52
10.43
1.63
2.08
6.45
4.66
- -
- -
Effective Tax Rate (%)
74.68
41.35
161.83
81.34
37.45
6.19
64.89
88.35
82.91
64.31
70.89
89.81
86.35
82.6
86.17
131.64
2,859.89
Profit Margin (%)
19
-46
15
6
14
1
11
8
-4
30
- -
19
48
209
533
198
149
Working Capital
- -
- -
70
- -
- -
- -
- -
- -
- -
8
- -
- -
- -
- -
- -
- -
- -
LT Debt
832
825
773
885
785
672
756
772
787
799
840
934
901
995
1,231
1,011
1,024
Total Equity
1.22
0.63
- -
2.93
2.45
1.78
1.69
3.6
4.87
4.23
3.16
10.25
10.95
15.09
24.49
- -
- -
Return on Invested Capital (%)
1.23
0.5
- -
2.94
1.48
0.23
1.93
4.22
4.75
3.65
3.17
10.28
10.96
15.18
24.81
- -
- -
Return on Capital (%)
1.23
0.5
-7.77
3.02
1.23
0.16
1.7
4
4.74
3.6
3.18
10.28
10.92
15.69
26.51
-14.5
-3.6
Return on Common Equity (%)

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
162
163
164
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
999
986
1,009

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
378
343
324
Cash, Cash Equivalents & STI
378
342
324
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
181
178
176
Payables & Accruals
- -
- -
- -
ST Debt
162
163
164
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.71%
4.79%
-17.85%
Free Cash Flow
478.85%
959.22%
-60.68%
Net Income, GAAP
131.66%
50.25%
-155.08%
Sales/Revenue/Turnover
29.38%
39.91%
-136.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
122
120
82
19
342
2025
15
-106
10
-42
-123
2026
15
16
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.84
1.84
1.15
0.17
5
2025
0.09
-1.96
0.02
-0.9
-2.75
2026
0.13
0.13
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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Business
Saudi Advanced Industries Company (2120.SR) is a Saudi joint stock investment company that participates in industrial development projects, focusing on petrochemicals, glass manufacturing, aviation services, and financial investments; it holds stakes in Arab Industrial Fibers Company (Ibn Rushd, 0.62%), Obeikan Glass Company (34.56%) and its subsidiary Al-Obeikan IGCY Glass Company for insulated glass, Industrialization and Energy Services Company (TAQA, 2.35%), Al Salam Aircraft Company (10%), and Masar Al-Numou Finance Co. (formerly Deutsche Gulf Finance, 31.62%), alongside other private equity and investment funds. Headquartered in Riyadh, Saudi Arabia, the company was established in 1987 (commercial registration in 1988) as part of the US Peace Shield defense offset program to transfer advanced technologies and support private sector growth in competitive sectors including oil, gas, petrochemicals, manufacturing, building materials, and related services, with operations centered in the Kingdom of Saudi Arabia and aligned with Vision 2030 for economic diversification and sustainability. The company's capital stands at 600 million Saudi riyals following increases to 432 million in 2007, 500 million in 2015, and 600 million in 2023. In June 2024, Saudi Advanced Industries Company signed a non-binding memorandum of understanding to acquire up to 100% of Dar Al-Balad Business Solutions Company, a leading IT provider to banking, insurance, and government sectors with over 30 million riyals in 2023 net profits, aiming to support its growth and potential main market listing; recent activities include purchasing a commercial building for headquarters use in May 2024, renewing Sharia-compliant credit facilities with Al Rajhi Capital in July 2025, forming an audit committee and appointing board leadership in June 2025, and distributing cash dividends for fiscal year 2024 as recommended in March 2025.