Balance Sheet Saudia Dairy & Foodstuff Company

Equities

2270

SA000A0EAXM3

Food Processing

Market Closed - Saudi Arabian S.E. Other stock markets 12:20:00 12/03/2026 GMT			5-day change	1st Jan Change
209.30 ^SAR	-0.85%		+3.36%	-15.26%

03-10	Al Rajhi Capital Downgrades Sadafco to Underweight, Cuts PT	MT
03-08	Sadafco board recommends buy-back of shares to retain as treasury shares	RE

47256.xJ588areMxipQmNHd1bXROvEphmYQmgypWOEChMWEWM.lfVKi_iWYSjvJCovMj-WaYD800H3MhJBxAD3YmElegiK_xa837B2apssVw

Published financial data: SAUDIA DAIRY & FOODSTUFF COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.06B	2.11B	2.17B	2.82B	2.96B
Total Revenues	2.06B	2.11B	2.17B	2.82B	2.96B
Cost of Goods Sold, Total	1.38B	1.42B	1.53B	1.82B	1.91B
Gross Profit	677M	682M	643M	998M	1.05B
Selling General & Admin Expenses, Total	389M	404M	411M	525M	592M
Provision for Bad Debts	-	-	1.2M	1.66M	-3.04M
Other Operating Expenses	-2.56M	-8.93M	-6.62M	-2.49M	-2.21M
Other Operating Expenses, Total	386M	395M	405M	525M	586M
Operating Income	290M	288M	237M	474M	468M
Interest Expense, Total	-3.82M	-7.77M	-7.31M	-2.75M	-2.68M
Interest And Investment Income	11.41M	6.16M	4.4M	43.61M	49.69M
Net Interest Expenses	7.59M	-1.61M	-2.91M	40.85M	47M
Income (Loss) On Equity Invest.	-	-	-	972K	-
Other Non Operating Income (Expenses)	-	-	-	-27.79M	-8.2M
EBT, Excl. Unusual Items	298M	286M	234M	488M	507M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-21M	-
Gain (Loss) On Sale Of Investments	-14.22M	-2.11M	-	-	-
Asset Writedown	-	-	-	-197K	-
EBT, Incl. Unusual Items	284M	284M	234M	466M	507M
Income Tax Expense	18.58M	22.96M	25.22M	33.17M	23.9M
Earnings From Continuing Operations	265M	261M	209M	433M	483M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	265M	261M	209M	433M	483M
Minority Interest	1.15M	-340K	-1.76M	3.52M	524K
Net Income - (IS)	266M	261M	207M	437M	484M
Net Income to Common Incl Extra Items	266M	261M	207M	437M	484M
Net Income to Common Excl. Extra Items	266M	261M	207M	437M	484M
Per Share Items
Net EPS - Basic	8.32	8.14	6.48	13.65	15.12
Basic EPS - Continuing Operations	8.32	8.14	6.48	13.65	15.12
Basic Weighted Average Shares Outstanding	32M	32M	32M	32M	32M
Net EPS - Diluted	8.32	8.14	6.48	13.65	15.12
Diluted EPS - Continuing Operations	8.32	8.14	6.48	13.65	15.12
Diluted Weighted Average Shares Outstanding	32M	32M	32M	32M	32M
Normalized Basic EPS	5.85	5.57	4.52	9.63	9.92
Normalized Diluted EPS	5.85	5.57	4.52	9.63	9.92
Dividend Per Share	5	6	6	16	15
Payout Ratio	53.93	67.58	92.72	29.27	118.87
Supplemental Items
EBITDA	374M	376M	329M	580M	571M
EBITA	293M	290M	240M	474M	468M
EBIT	290M	288M	237M	474M	468M
EBITDAR	382M	383M	336M	441M	589M
Effective Tax Rate - (Ratio)	6.55	8.09	10.77	7.11	4.71
Normalized Net Income	187M	178M	145M	308M	317M
Interest on Long-Term Debt	3.82M	7.77M	7.31M	6.74M	10.89M
Non-Cash Pension Expense	3.99M	2.81M	3.45M	4.96M	-
Supplemental Operating Expense Items
Advertising Expense	46.46M	45.18M	47.4M	83.43M	146M
Selling and Marketing Expenses	290M	298M	300M	406M	484M
General and Administrative Expenses	97.3M	106M	111M	119M	108M
Net Rental Expense, Total	7.81M	7.13M	6.87M	6.66M	17.78M
Imputed Operating Lease Interest Expense	-	6.66M	6.16M	1.97M	6.51M
Imputed Operating Lease Depreciation	-	476K	712K	4.53M	11.27M
Maintenance & Repair Expenses, Total	12.62M	11.34M	14.04M	1.99M	4M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	646M	713M	626M	349M	468M
Short Term Investments	-	-	-	674M	241M
Total Cash And Short Term Investments	646M	713M	626M	1.02B	708M
Accounts Receivable, Total	203M	210M	229M	269M	289M
Other Receivables	-	-	-	-	-
Total Receivables	203M	210M	229M	269M	289M
Inventory	358M	302M	359M	430M	456M
Prepaid Expenses	7M	8.5M	9.57M	18.85M	-
Other Current Assets, Total	59.59M	43.76M	37.67M	40.05M	55.3M
Total Current Assets	1.27B	1.28B	1.26B	1.78B	1.51B
Gross Property Plant And Equipment	2.06B	2.16B	2.31B	2.43B	2.59B
Accumulated Depreciation	-1.19B	-1.24B	-1.3B	-1.47B	-1.55B
Net Property Plant And Equipment	870M	924M	1B	958M	1.05B
Long-term Investments	-	-	-	38.81M	87.14M
Goodwill	18.72M	17.55M	16.67M	15.75M	0
Other Intangibles, Total	7.41M	4.42M	1.8M	6.17M	8.81M
Other Long-Term Assets, Total	5.65M	5.54M	5.66M	6.62M	-
Total Assets	2.17B	2.23B	2.29B	2.79B	2.65B
Liabilities
Accounts Payable, Total	207M	157M	180M	301M	252M
Accrued Expenses, Total	245M	270M	289M	318M	251M
Current Portion of Leases	12.15M	10.12M	10.53M	13.47M	10.05M
Current Income Taxes Payable	16.33M	22.22M	22.08M	27.83M	24.34M
Other Current Liabilities	17.27M	15.52M	14.87M	24.54M	105M
Total Current Liabilities	498M	474M	517M	685M	643M
Long-Term Leases	57.17M	53.72M	56.11M	50.56M	43.22M
Pension & Other Post Retirement Benefits	113M	120M	128M	154M	158M
Other Non Current Liabilities	29.33M	26.88M	24.23M	-	-
Total Liabilities	698M	675M	725M	889M	845M
Common Stock, Total	325M	325M	325M	325M	325M
Retained Earnings	1.19B	1.27B	1.28B	1.64B	1.55B
Treasury Stock	-51.56M	-51.56M	-51.56M	-51.56M	-51.56M
Comprehensive Income and Other	-2.34M	-6.8M	-11.51M	-11.57M	-17.15M
Total Common Equity	1.46B	1.53B	1.54B	1.9B	1.81B
Minority Interest	19.64M	21.47M	21.15M	304K	-
Total Equity	1.48B	1.55B	1.56B	1.9B	1.81B
Total Liabilities And Equity	2.17B	2.23B	2.29B	2.79B	2.65B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	32M	32M	32M	32M	32M
ECS Total Common Shares Outstanding	32M	32M	32M	32M	32M
Book Value / Share	45.53	47.92	48.13	59.42	56.48
Tangible Book Value	1.43B	1.51B	1.52B	1.9B	1.8B
Tangible Book Value Per Share	44.71	47.23	47.55	59.23	56.2
Total Debt	69.32M	63.84M	66.63M	64.03M	53.27M
Net Debt	-577M	-649M	-559M	-959M	-655M
Debt Equivalent of Unfunded Proj. Benefit Obligation	113M	120M	128M	154M	-
Debt Equivalent Oper. Leases	62.48M	57.06M	54.98M	52M	142M
Minority Interest, Total (Incl. Fin. Div)	19.64M	21.47M	21.15M	304K	-
Equity Method Investments, Total	-	-	-	539K	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	219M	170M	238M	239M	337M
Inventories - Finished Goods, Total	132M	124M	117M	220M	176M
Inventories - Others	18.64M	19.6M	16.7M	12.55M	14.36M
Land - (BS)	525M	530M	619M	660M	747M
Machinery, Total	1.37B	1.43B	1.6B	1.7B	1.73B
Full Time Employees	2.43K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	35.88M	37.99M	39.19M	29.02M	25.98M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	266M	261M	207M	437M	484M
Depreciation & Amortization - CF	97.14M	102M	102M	120M	115M
Amortization of Goodwill and Intangible Assets - (CF)	2.66M	2.7M	2.67M	2.56M	-
Depreciation & Amortization, Total	99.8M	104M	104M	120M	115M
Minority Interest in Earnings - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-677K	-1.1M	-729K	-288K	508K
Asset Writedown & Restructuring Costs	-	-	-	21M	827K
(Income) Loss On Equity Investments - (CF)	-	-	-	-972K	-
Provision and Write-off of Bad Debts	14.22M	2.11M	1.2M	1.66M	-3.04M
Other Operating Activities, Total	6.18M	11.21M	8.23M	7.72M	-5.25M
Change In Accounts Receivable	-37.4M	-13.33M	-16.09M	20.97M	-17.35M
Change In Inventories	-82.08M	55.8M	-57.18M	-24.5M	-55.52M
Change In Accounts Payable	23.09M	-52.2M	22.53M	180M	-70.04M
Change in Other Net Operating Assets	28.18M	47.18M	23.51M	-23.33M	21.77M
Cash from Operations	318M	415M	293M	740M	470M
Capital Expenditure	-74.63M	-152M	-167M	-61.84M	-205M
Sale of Property, Plant, and Equipment	1.87M	1.74M	1.57M	976K	2.69M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-8.23M	-2.68M
Investment in Marketable and Equity Securities, Total	-	-	-	-360M	396M
Other Investing Activities, Total	-18.08M	-	-	28.66M	59.59M
Cash from Investing	-90.84M	-151M	-165M	-400M	251M
Long-Term Debt Repaid, Total	-18.92M	-15.05M	-13.51M	-11.07M	-12.64M
Total Debt Repaid	-18.92M	-15.05M	-13.51M	-14.76M	-12.64M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-144M	-176M	-192M	-128M	-575M
Common & Preferred Stock Dividends Paid	-144M	-176M	-192M	-128M	-575M
Other Financing Activities, Total	-	-3M	-3.58M	-121M	-9.16M
Cash from Financing	-163M	-194M	-209M	-263M	-597M
Foreign Exchange Rate Adjustments	-437K	-2.34M	-5.82M	2.43M	-6.13M
Net Change in Cash	63.78M	67.45M	-87.33M	78.72M	118M
Supplemental Items
Cash Interest Paid	-	-	-	5.16M	-
Cash Income Tax Paid (Refund)	-	-	-	-2.49M	1.1M
Levered Free Cash Flow	156M	167M	51.86M	238M	109M
Unlevered Free Cash Flow	158M	172M	56.43M	240M	111M
Change In Net Working Capital	48.18M	-40.21M	29.28M	16.41M	89.56M
Net Debt Issued / Repaid	-18.92M	-15.05M	-13.51M	-14.76M	-12.64M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	8.87	8.16	6.57	9.72	10.75
Return on Total Capital	12.5	11.36	9.13	13.77	15.3
Return On Equity %	18.71	17.21	13.42	19.18	26.05
Return on Common Equity	19.05	17.43	13.49	19.34	26.08
Margin Analysis
Gross Profit Margin %	32.9	32.42	29.61	35.46	35.59
SG&A Margin	18.91	19.18	18.93	18.66	19.97
EBITDA Margin %	18.19	17.87	15.18	20.59	19.26
EBITA Margin %	14.25	13.79	11.05	16.82	15.8
EBIT Margin %	14.12	13.66	10.93	16.82	15.8
Income From Continuing Operations Margin %	12.89	12.39	9.63	15.39	16.31
Net Income Margin %	12.95	12.38	9.55	15.52	16.32
Net Avail. For Common Margin %	12.95	12.38	9.55	15.52	16.32
Normalized Net Income Margin	9.11	8.47	6.67	10.95	10.71
Levered Free Cash Flow Margin	7.59	7.93	2.39	8.99	3.68
Unlevered Free Cash Flow Margin	7.71	8.16	2.6	9.05	3.74
Asset Turnover
Asset Turnover	1.01	0.96	0.96	1.11	1.09
Fixed Assets Turnover	2.48	2.35	2.26	2.66	2.96
Receivables Turnover (Average Receivables)	10.72	10.19	9.87	10.2	10.62
Inventory Turnover (Average Inventory)	4.34	4.31	4.62	4.72	4.31
Short Term Liquidity
Current Ratio	2.55	2.7	2.44	2.6	2.35
Quick Ratio	1.7	1.95	1.66	1.89	1.55
Operating Cash Flow to Current Liabilities	0.64	0.87	0.57	1.08	0.73
Days Sales Outstanding (Average Receivables)	34.14	35.82	36.96	35.8	34.47
Days Outstanding Inventory (Average Inventory)	84.24	84.63	79.04	77.27	85.01
Average Days Payable Outstanding	49.65	48.61	38.76	33.05	54.33
Cash Conversion Cycle (Average Days)	68.73	71.84	77.24	80.01	65.15
Long Term Solvency
Total Debt/Equity	4.7	4.11	4.27	3.37	2.95
Total Debt / Total Capital	4.48	3.94	4.09	3.26	2.86
LT Debt/Equity	3.87	3.46	3.59	2.66	2.39
Long-Term Debt / Total Capital	3.7	3.32	3.45	2.57	2.32
Total Liabilities / Total Assets	32.1	30.26	31.71	31.86	31.85
EBIT / Interest Expense	76.06	37.02	32.45	171.94	174.46
EBITDA / Interest Expense	102.21	50.47	46.72	215.65	217.25
(EBITDA - Capex) / Interest Expense	82.66	30.84	23.89	193.2	141.06
Total Debt / EBITDA	0.18	0.16	0.2	0.11	0.09
Net Debt / EBITDA	-1.48	-1.66	-1.64	-1.61	-1.12
Total Debt / (EBITDA - Capex)	0.22	0.27	0.38	0.12	0.14
Net Debt / (EBITDA - Capex)	-1.83	-2.71	-3.2	-1.8	-1.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.41	2.4	3.08	22.01	6.59
Gross Profit, 1 Yr. Growth %	18.47	0.88	-5.85	25.77	11.02
EBITDA, 1 Yr. Growth %	27.39	0.63	-11.94	45.32	3.55
EBITA, 1 Yr. Growth %	30.14	-0.93	-16.76	56.38	4.93
EBIT, 1 Yr. Growth %	30.11	-0.95	-16.91	57.07	4.93
Earnings From Cont. Operations, 1 Yr. Growth %	22.67	-1.59	-19.87	48.51	16.51
Net Income, 1 Yr. Growth %	21.92	-2.14	-20.44	48.96	15.7
Normalized Net Income, 1 Yr. Growth %	25.68	-4.78	-18.3	45.34	7.6
Diluted EPS Before Extra, 1 Yr. Growth %	23.62	-2.14	-20.44	48.96	15.7
Accounts Receivable, 1 Yr. Growth %	12.35	3.61	9.06	22.32	7.58
Inventory, 1 Yr. Growth %	28.91	-15.49	18.93	16.72	6.04
Net Property, Plant and Equip., 1 Yr. Growth %	10.5	6.23	8.28	-1.16	9.25
Total Assets, 1 Yr. Growth %	13.51	2.53	2.56	8.65	-4.99
Tangible Book Value, 1 Yr. Growth %	9.24	5.64	0.69	7.6	-5.11
Common Equity, 1 Yr. Growth %	8.84	5.25	0.45	7.33	-4.96
Cash From Operations, 1 Yr. Growth %	-24.75	30.55	-29.31	32.47	-35.87
Capital Expenditures, 1 Yr. Growth %	-48.91	64.56	9.48	-42.58	176.48
Levered Free Cash Flow, 1 Yr. Growth %	-14.59	21	-68.71	339.25	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-13.29	22.4	-66.92	329.39	-
Dividend Per Share, 1 Yr. Growth %	25	20	0	0	-6.25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.21	7.76	2.74	12.15	-
Gross Profit, 2 Yr. CAGR %	4.05	9.32	-2.54	8.82	-
EBITDA, 2 Yr. CAGR %	4.34	13.22	-6.13	12.95	-
EBITA, 2 Yr. CAGR %	2.65	13.55	-9.52	13.86	-
EBIT, 2 Yr. CAGR %	2.18	13.52	-9.61	14	-
Earnings From Cont. Operations, 2 Yr. CAGR %	0.94	9.87	-11.2	9.09	-
Net Income, 2 Yr. CAGR %	1.03	9.23	-11.77	8.86	-
Normalized Net Income, 2 Yr. CAGR %	2.4	9.4	-12.13	8.97	-
Diluted EPS Before Extra, 2 Yr. CAGR %	1.81	9.99	-11.77	8.86	-
Accounts Receivable, 2 Yr. CAGR %	17.63	7.89	6.3	16.59	-
Inventory, 2 Yr. CAGR %	1.39	4.38	0.25	17.82	-
Net Property, Plant and Equip., 2 Yr. CAGR %	14.52	8.35	7.25	3.45	-
Total Assets, 2 Yr. CAGR %	11.05	7.88	2.54	5.56	-
Tangible Book Value, 2 Yr. CAGR %	4.06	7.42	3.13	4.09	-
Common Equity, 2 Yr. CAGR %	5.01	7.03	2.82	3.83	-
Cash From Operations, 2 Yr. CAGR %	-3.55	-0.88	-3.93	-3.77	-
Capital Expenditures, 2 Yr. CAGR %	-24.41	2.16	34.22	-20.72	-
Levered Free Cash Flow, 2 Yr. CAGR %	11.59	-4.39	-38.71	19.87	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	12.44	-3.01	-36.61	18.54	-
Dividend Per Share, 2 Yr. CAGR %	11.8	22.47	9.54	0	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.79	7.54	6.18	8.8	-
Gross Profit, 3 Yr. CAGR %	-0.13	2.98	4.01	6.1	-
EBITDA, 3 Yr. CAGR %	-0.64	3.09	3.93	8.48	-
EBITA, 3 Yr. CAGR %	-2.67	1.44	2.13	8.44	-
EBIT, 3 Yr. CAGR %	-2.96	1.13	2.06	8.52	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.51	0.09	-1.1	5.4	-
Net Income, 3 Yr. CAGR %	-4.29	-0.04	-1.72	5.06	-
Normalized Net Income, 3 Yr. CAGR %	-2.55	-0.05	-0.99	3.92	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.79	0.48	-1.27	5.06	-
Accounts Receivable, 3 Yr. CAGR %	9.81	12.76	8.28	12.09	-
Inventory, 3 Yr. CAGR %	3.62	-4.58	9.02	5.47	-
Net Property, Plant and Equip., 3 Yr. CAGR %	13.3	11.69	8.32	4.37	-
Total Assets, 3 Yr. CAGR %	9.81	8.14	6.07	4.54	-
Tangible Book Value, 3 Yr. CAGR %	4.3	4.59	5.13	4.6	-
Common Equity, 3 Yr. CAGR %	4.93	5.09	4.79	4.3	-
Cash From Operations, 3 Yr. CAGR %	-14.68	6.69	-11.44	6.53	-
Capital Expenditures, 3 Yr. CAGR %	-4.15	5.29	4.54	1.13	-
Levered Free Cash Flow, 3 Yr. CAGR %	-21.22	10.05	-34.28	19.93	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-20.82	11.11	-32.41	19.5	-
Dividend Per Share, 3 Yr. CAGR %	7.72	14.47	14.47	6.27	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.62	1.21	3.96	9.36	-
Gross Profit, 5 Yr. CAGR %	4.51	-0.46	-1.1	5.28	-
EBITDA, 5 Yr. CAGR %	10.5	1.01	-2.88	6.81	-
EBITA, 5 Yr. CAGR %	13.49	1.04	-5.47	6.08	-
EBIT, 5 Yr. CAGR %	13.29	0.85	-5.68	5.94	-
Earnings From Cont. Operations, 5 Yr. CAGR %	13.38	0	-7.24	3.59	-
Net Income, 5 Yr. CAGR %	13.57	0.03	-7.35	3.43	-
Normalized Net Income, 5 Yr. CAGR %	14.41	0.73	-6.5	3.31	-
Diluted EPS Before Extra, 5 Yr. CAGR %	13.92	0.34	-7.06	3.75	-
Accounts Receivable, 5 Yr. CAGR %	5.03	5.26	8.39	14.27	-
Inventory, 5 Yr. CAGR %	0.28	-4.53	2.26	3.82	-
Net Property, Plant and Equip., 5 Yr. CAGR %	8	9.86	10.84	8.32	-
Total Assets, 5 Yr. CAGR %	12.46	9.9	6.85	7.1	-
Tangible Book Value, 5 Yr. CAGR %	8.58	6.71	3.83	4.39	-
Common Equity, 5 Yr. CAGR %	8.97	7.02	4.08	4.59	-
Cash From Operations, 5 Yr. CAGR %	6.61	2.7	-10.53	2.38	-
Capital Expenditures, 5 Yr. CAGR %	-14.78	17.58	14.51	-6.01	-
Levered Free Cash Flow, 5 Yr. CAGR %	51.57	-2.63	-30.47	13.7	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	50.54	-2.07	-29.29	13.85	-
Dividend Per Share, 5 Yr. CAGR %	7.39	8.45	8.45	8.45	-