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    Industrial services

  3. •

    Engineering & construction
AYYAN Investment Company

AYYAN Investment Company

TTADAWUL:2140
7.47
SAR
-0.28
(-3.61%)
-1.12EPS
1.12BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.4
0.13
2.8
3.57
3.89
4.2
4.57
3.39
3.3
3.01
0.23
0.25
0.09
-0.83
Basic EPS, GAAP
0.3
-0.67
0.97
-0.62
-0.18
0.13
-0.02
0.36
0.05
-0.51
-2.49
-1.77
3.57
-1.12
Free Cash Flow per Basic Share
-0.27
-0.27
0.25
-0.04
-0.33
-0.23
-0.03
-0.45
-1.58
-2.12
-0.89
-2.49
-2.41
-2.12
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
9.77
9.04
9.46
9.23
8.89
9.79
9.63
9.29
9.15
8.33
5.66
6.03
9.46
8.54
Tangible Book Value per Share
9.77
9.04
9.46
9.23
8.83
9.74
9.59
9.27
9.11
8.29
5.5
6.03
9.46
8.54
Basic Weighted Avg Shares
54
54
54
54
54
54
54
75
82
88
87
93
101
101
Sales/Revenue/Turnover
21
7
151
192
209
226
246
255
270
266
20
23
9
-84
Operating Margin (%)
72.62
10.91
25.51
-3.87
-7.08
-1.75
3.87
6.12
2.54
-21.46
-42.98
-23.43
-251.69
134.38
Depreciation Expense
- -
- -
- -
- -
16
16
16
16
17
22
39
40
1
2
Net Income, GAAP
16
-36
52
-33
-9
7
-1
27
4
-45
-216
-164
360
-113
Effective Tax Rate (%)
- -
- -
- -
- -
- -
30.58
85.18
17.91
42.08
- -
- -
- -
260.94
- -
Profit Margin (%)
75.27
-531.56
34.59
-17.4
-4.52
3.2
-0.52
10.69
1.59
-16.82
-1,076.67
-710.34
4,141.65
134.43
Working Capital
171
171
214
177
149
149
80
-27
112
-78
-203
321
656
671
LT Debt
- -
- -
- -
4
4
12
14
227
548
537
591
1
2
288
Total Equity
525
485
591
583
567
625
582
819
817
744
509
613
952
860
Return on Invested Capital (%)
0.85
- -
-0.79
- -
- -
-0.67
-0.15
0.16
-0.45
- -
- -
- -
4.24
- -
Return on Capital (%)
2.97
- -
9.63
- -
- -
0.53
-0.52
2.85
0.3
- -
- -
- -
43.98
- -
Return on Common Equity (%)
3.18
-7.14
10.49
-6.65
-1.94
1.44
-0.25
4.31
0.55
-5.8
-35
-29.71
46.14
-12.17

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
63
95
100
LT Borrowings
- -
200
287
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
101
Market Capitalization
1,289
1,058
1,123

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
740
1,008
808
Cash, Cash Equivalents & STI
732
1,000
789
Accounts Receivable, Net
3
2
17
Inventories
5
3
1
Total Current Liabilities
84
121
137
Payables & Accruals
- -
- -
- -
ST Debt
63
95
100
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.5%
7.01%
55.35%
Free Cash Flow
334.43%
94.68%
5.05%
Net Income, GAAP
-394.31%
-237.3%
-318.8%
Sales/Revenue/Turnover
-7.82%
-27.07%
-62.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
4
7
3
23
2025
9
26
91
-117
9
2026
46
-103
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.63
-0.55
-0.39
-0.26
-1.77
2025
3.65
0.18
0.84
-1.09
3.57
2026
0.32
-1.18
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Raed Mohammed Abdullatif Al-Naeem
Full Time Employees
700
Sector
Industrial services
Industry
Engineering & construction
Address
Building Number: 2529 Al Khobar Eastern Province Saudi Arabia 34434
IPO Date
Jan 10, 1999
Website
ayyan.com.sa
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Business
Ayyan Investment Company AYYAN Investment Co SJSC (2140.SR) is a Saudi joint-stock company headquartered in Al Khobar that invests in, establishes, and owns industrial projects, real estate, health, education, tourism, and agricultural facilities; it operates through three primary sectors including manufacturing, medical services, and investments. In the manufacturing sector, the company produces and packages dates and derivatives, establishes and operates cold storage facilities, and engages in wholesaling and retailing of food products through its wholly-owned subsidiary; it also holds stakes in paper manufacturing via Arab Paper Manufacturing Company (Waraq), where it reduced its ownership from 4.7% to 2.31% in 2024 following a partial sale and capital increase involving the Materials Recycling Company. The medical services sector focuses on establishing, maintaining, and operating hospitals, medical centers, and dispensaries, including a 25% stake in Tawariyat Medical Care Company, which secured Capital Market Authority approval for a direct listing on the parallel market in October 2024, and a 3.83% stake in Dallah Healthcare Company. The investment sector encompasses ownership and management of real estate and lands, such as properties in Riyadh and Dammam via Rawasi Al Khaleej Real Estate Company formed in 2024; industrial investments like a 0.95% stake in Taqa Company for petroleum and petrochemical services; and other holdings in synthetic fibers, tourism via AHSANA Company, and securities. Founded in 1993 as Al Ahsa Development Company and renamed Ayyan Investment Company in July 2020, it conducts all operations within the Kingdom of Saudi Arabia. Recent major changes include the 2024 sale of all shares in subsidiaries Al Ahsa Medical Services Company and Al Salam Medical Services Company to Dallah Healthcare Company through a pioneering share purchase, subscription, and swap agreement advised by White & Case, resulting in Ayyan's 3.83% stake in Dallah; board recommendation in September 2025 to transfer SAR 59.8 million share premium to retained earnings; and Q1 2025 profit after prior losses, with manufacturing sales at SAR 15.44 million in 2024. The company maintains four subsidiaries and emphasizes maximizing asset value through strategic investments and quality management.