Market: Tadawul Symbol: 4030 ISIN:SA0007870054 Industry: Energy

The National Shipping Company of Saudi Arabia (Bahri) was formed by a Royal Decree in the year 1978 as a Public Company, 22.55% ownership held by the Public Investment Fund "PIF" of the Saudi Government, 20% by Saudi Aramco Development Company and the remaining is widely held in public shares by Saudi Nationals. 

Bahri has grown from a small shipping firm operating multipurpose vessels to become one of the biggest shipping conglomerates in the world and occupies a pre-eminent position among its industry peers at national, regional, and international levels in all sectors of its business operations. It is the first national carrier, having celebrated its Silver Jubilee in the year 2004, and has generated a strong VIP customer base.     

During the course of its diversification, the Company's services have been expanded to include transportation of Oil, General Cargo, Chemicals, and Dry Bulk. Having started off its operations for transporting general cargo and containers initially, the company with its commendable track record, has established the reputation of providing high standard of services to its customers in all sectors.

Share Data
27/03/2025
Currency SAR
Previous Close 31.55
Change (%) 0.48
52 Weeks High 32.50
Volume 253,699
Number of Shares (mil) 738
Market Cap(mil) 23,293
52 Weeks Low 24.96
Key Figures
2020
2021
2022
2023
2024
(SAR Thousand)
Revenues
2020
8,393,001
2021
5,351,075
2022
8,582,580
2023
8,777,500
2024
9,482,387
Gross Income
2020
2,121,870
2021
556,495
2022
1,471,133
2023
2,073,126
2024
2,700,357
Net Income
2020
1,614,823
2021
233,632
2022
1,162,597
2023
1,793,012
2024
2,385,801
EBITDA
2020
3,136,033
2021
1,670,381
2022
2,885,204
2023
3,921,148
2024
4,793,076
EPS (SAR) Attributable to Operating Income
2020
4.74
2021
1.08
2022
3.03
2023
2.94
2024
3.53
EPS (SAR) Attributable to Net Income
2020
3.99
2021
0.39
2022
1.41
2023
2.19
2024
2.94
Dividends (SAR)
2020
2.00
2021
1.00
2022
0.50
2023
0.55
2024
-
Current Assets
2020
3,907,212
2021
3,891,740
2022
5,568,533
2023
5,296,858
2024
4,244,778
Current Liabilities
2020
2,371,931
2021
6,664,581
2022
2,819,694
2023
2,800,512
2024
3,060,490
Total Assets
2020
21,105,308
2021
21,649,618
2022
22,898,097
2023
23,106,245
2024
26,608,933
Shareholders' Equity
2020
9,989,681
2021
9,413,106
2022
10,491,154
2023
11,838,577
2024
13,625,214
Cash Flow From Operations
2010
3,762,787
2021
805,536
2022
2,003,760
2023
3,560,560
2024
3,468,461
Paid Up Capital
2020
3,937,500
2021
3,937,500
2022
4,921,875
2023
7,382,812
2024
7,382,812
Book Value
2020
10,498,436
2021
9,959,997
2022
11,115,350
2023
12,642,236
2024
14,585,222
Ratios
2020
2021
2022
2023
2024
Gross Margin (%)
2020
25.28
2021
10.40
2022
17.14
2023
23.62
2024
28.48
Book Value per Share
2020
26.66
2021
25.30
2022
22.58
2023
17.12
2024
19.76
Dividends Payout Ratio (%)
2020
49.14
2021
205.00
2022
-
2023
15.25
2024
18.72
Net Profit Margin (%)
2020
19.24
2021
4.37
2022
13.55
2023
20.43
2024
25.16
EBITDA Margin (%)
2020
37.36
2021
31.22
2022
33.62
2023
44.67
2024
50.55
Return On Assets (%)
2020
7.65
2021
1.08
2022
5.08
2023
7.76
2024
8.97
Return On Equity (%)
2020
15.38
2021
2.35
2022
10.46
2023
14.18
2024
16.36
Equity/Assets (x)
2020
0.50
2021
0.46
2022
0.49
2023
0.55
2024
0.55
Current Ratio (x)
2020
1.65
2021
0.58
2022
1.97
2023
1.89
2024
1.39
Debt/Equity (x)
2020
0.85
2021
0.96
2022
0.86
2023
0.61
2024
0.60
Peers (As at the end of FY2023)
Revenues
Net Income
Net Income Margin
Earnings per Share
Dry Bulk
Star Bulk Carriers (USD Thousand)
Revenues
949,269
Net Income
173,556
Net Income Margin
18.28%
Earnings per Share
US$1.76
D´Amico (ITA) (USD Thousand)
Revenues
538,954
Net Income
192,225
Net Income Margin
35.67%
Earnings per Share
US$1.575
Pangaea Logistics (USD Thousand)
Revenues
499,268
Net Income
28,538
Net Income Margin
5.72 %
Earnings per Share
US$0.59
Oil
Mitsui O.S.K. (TOK) (Yen Million)
Revenues
1,627,912
Net Income
261,651
Net Income Margin
16.07%
Earnings per Share
¥722.85
Euronav (BRU) (USD Thousand)
Revenues
1,235,127
Net Income
858,027
Net Income Margin
69.47%
Earnings per Share
US$4.25
DHT Holdings (NYSE) (USD Thousand)
Revenues
560,556
Net Income
161,397
Net Income Margin
28.79%
Earnings per Share
US$0.99
Nippon Yusen (TOK) (Yen Million)
Revenues
2,387,240
Net Income
174,679
Net Income Margin
7.32%
Earnings per Share
¥468.13
Kawasaki Kisen (TOK) (Yen Million)
Revenues
962,300
Net Income
106,918
Net Income Margin
11.11%
Earnings per Share
¥145.24
Chemicals
A.P. Møller-Mærsk B (USD Million)
Revenues
51,065
Net Income
3,908
Net Income Margin
7.65%
Earnings per Share
US$227.00
TORM A (USD Thousand)
Revenues
1,520,393
Net Income
647,967
Net Income Margin
42.62%
Earnings per Share
US$7.75
Dampskibsselskabet Norden (COP) (USD Million)
Revenues
3,692
Net Income
400
Net Income Margin
10.84 %
Earnings per Share
US$12.40
Great Eastern Shipping (BSE) (INR Crore)
Revenues
5,255
Net Income
2,614
Net Income Margin
49.74 %
Earnings per Share
(cr/US$)183.11