Red Sea International Co.

Red Sea International Co.

TTADAWUL:4230
15.76
SAR
-0.96
(-5.74%)
-1.91EPS
1.16BMarket 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
32.13
36.54
33.99
34.08
25.57
21.78
20.04
17.64
15.49
13.37
45.59
98.7
103.98
78.32
Basic EPS, GAAP
5.05
5.18
2.52
2.99
-2.16
-2.84
-2.48
-5.24
-4.31
-6.49
-1.59
-2.06
-1.7
-1.42
Free Cash Flow per Basic Share
- -
-2.42
-1.77
4.87
3.65
1.36
2.55
1.69
-0.37
0.31
0.31
-2.72
0.66
-0.06
Dividend per Share
- -
2.48
1.98
1.49
1.49
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
32.11
29.61
30.8
27.03
23.52
19.94
14.61
10.23
3.91
2.34
0.24
8.91
8.66
Tangible Book Value per Share
- -
32.11
28.72
29.17
25.52
22.17
19.46
14.47
10.12
3.83
-17.15
-16
0.76
1.53
Basic Weighted Avg Shares
30
30
30
30
30
30
30
30
30
30
30
30
32
40
Sales/Revenue/Turnover
971
1,105
1,028
1,030
773
659
606
534
468
404
1,378
2,984
3,375
3,134
Operating Margin (%)
17.15
15.65
9.1
11.61
-6.05
-3.99
-8.34
-24.26
-23.16
-45.58
0.5
2.46
0.77
-0.56
Depreciation Expense
- -
116
111
111
106
92
94
80
75
67
96
184
183
174
Net Income, GAAP
153
157
76
90
-65
-86
-75
-158
-130
-196
-48
-62
-55
-57
Effective Tax Rate (%)
9.55
7.3
10.72
8.4
- -
- -
- -
- -
- -
- -
- -
60.92
- -
- -
Profit Margin (%)
15.73
14.18
7.4
8.77
-8.45
-13.02
-12.35
-29.68
-27.86
-48.52
-3.48
-2.09
-1.63
-1.81
Working Capital
- -
258
234
295
232
184
119
8
-97
-202
-346
-251
180
219
LT Debt
- -
98
173
110
132
85
96
80
35
33
251
244
182
194
Total Equity
- -
958
882
928
809
698
586
421
287
94
491
494
932
924
Return on Invested Capital (%)
- -
- -
6.8
8.46
- -
- -
- -
- -
- -
- -
- -
2.88
- -
- -
Return on Capital (%)
- -
- -
6.77
7.94
- -
- -
- -
- -
- -
- -
- -
-13.51
- -
- -
Return on Common Equity (%)
- -
- -
8.15
9.89
-7.47
-11.22
-11.39
-30.31
-34.73
-91.76
-50.83
-159.7
-25.16
- -

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
260
392
377
LT Borrowings
166
165
181
LT Finance Leases
16
12
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
1,602
1,062
1,156

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,962
2,005
2,107
Cash, Cash Equivalents & STI
62
40
53
Accounts Receivable, Net
677
697
562
Inventories
95
89
93
Total Current Liabilities
1,782
1,785
1,888
Payables & Accruals
- -
- -
- -
ST Debt
260
392
377
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.82%
82.77%
88.5%
Free Cash Flow
-182.62%
-283.24%
-125.91%
Net Income, GAAP
-4.81%
-4.93%
-11.78%
Sales/Revenue/Turnover
28.52%
68.94%
13.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
659
752
706
868
2,984
2025
701
779
986
909
3,375
2026
631
608
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.63
-0.17
-1.01
-0.55
-2.06
2025
-0.37
-0.04
-0.06
-1.23
-1.7
2026
0.05
-0.35
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

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

Company Description

CEO
Ghassan bin Nabil bin Abdulilah Nassief
Full Time Employees
2,800
Sector
Producer manufacturing
Industry
Building products
Address
PO Box 1531 Riyadh RY Saudi Arabia 31952
IPO Date
Aug 12, 2006
Business
Red Sea International Company (4230.SR), a subsidiary of Al Dabbagh Group Holding Company Limited, manufactures and sells modular non-concrete residential and commercial buildings; develops, builds, sells, and leases workforce accommodation units, offices, kitchens, dining units, recreation facilities, laundry areas, labor quarters, drilling and rig camps, dormitories, guardhouses, hospitals, clinics, hotels, relief housing facilities, schools, and religious facilities; provides housing solutions as integrated communities or standalone neighborhoods comprising single homes, apartment buildings, or combinations thereof; supplies building materials to industrial and residential sectors; engages in general contracting, maintenance, and construction of utilities and civil works; offers food services, trade and supply of food products, and property rentals from investment properties; provides paints and related services; and undertakes electrical works, telecommunications, and other related services through its subsidiaries including First Fix Company for Electrical Works, in which it holds a controlling 51% stake. The company serves oil and gas, infrastructure, government, building and construction, mining, defense, offshore, and manufacturing sectors primarily in Saudi Arabia, the United Arab Emirates, and internationally from its headquarters in Riyadh, where it was founded in 1967. In recent developments, Red Sea International completed its acquisition of a 51% stake in First Fix Company in 2024 using a SAR 300 million bank facility, followed by Capital Market Authority approval in October 2025 to increase capital by converting approximately SAR 476 million in debts—including SAR 81 million from parent Al Dabbagh Group—into shares to strengthen its financial structure ahead of First Fix's initial public offering on the Saudi Exchange; its Extraordinary General Assembly approved the related transaction on August 31, 2025.