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% 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 continues to successfully stride the triumphant march in 38 years of its existence 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
15/04/2021
Currency SAR
Previous Close 38.75
Change (%) 0.13
52 Weeks High 42.45
Volume 1,719,788
Number of Shares (mil) 394
Market Cap(mil) 15,258
52 Weeks Low 31.70
Key Figures
2016
2017
2018
2019
2020
(SAR Thousand)
Revenues
2016
6,788,484
2017
6,045,835
2018
6,129,910
2019
6,567,015
2020
8,393,001
Gross Income
2016
1,758,073
2017
1,320,681
2018
1,246,983
2019
1,426,997
2020
2,121,789
Net Income
2016
1,749,726
2017
806,511
2018
488,357
2019
643,493
2020
1,614,823
EBITDA
2016
2,863,590
2017
2,159,105
2018
1,894,644
2019
2,232,240
2020
3,135,546
EPS (SAR) Attributable to Operating Income
2016
4.64
2017
2.86
2018
2.76
2019
3.11
2020
4.74
EPS (SAR) Attributable to Net Income
2016
4.36
2017
2.03
2018
1.22
2019
1.58
2020
3.99
Dividends (SAR)
2016
2.50
2017
1.50
2018
1.50
2019
1.50
2020
2.00
Current Assets
2016
3,812,768
2017
3,561,802
2018
3,320,796
2019
3,737,763
2020
3,907,212
Current Liabilities
2016
2,021,118
2017
2,002,265
2018
2,072,058
2019
2,456,153
2020
2,371,931
Total Assets
2016
20,837,255
2017
21,182,583
2018
21,197,644
2019
20,676,596
2020
21,105,308
Shareholders' Equity
2016
9,677,928
2017
9,495,218
2018
9,377,871
2019
9,212,167
2020
9,989,681
Cash Flow From Operations
2016
2,187,733
2017
1,140,085
2018
1,119,244
2019
1,797,901
2020
3,762,787
Paid Up Capital
2016
3,937,500
2017
3,937,500
2018
3,937,500
2019
3,937,500
2020
3,937,500
Book Value
2016
10,087,097
2017
9,918,031
2018
9,819,301
2019
9,676,871
2020
10,498,436
Ratios
2016
2017
2018
2019
2020
Gross Margin (%)
2016
25.90
2017
21.84
2018
20.23
2019
21.73
2020
25.28
Book Value per Share
2016
25.62
2017
25.19
2018
24.94
2019
24.58
2020
26.66
Dividends Payout Ratio (%)
2016
55.92
2017
73.23
2018
122.95
2019
95.15
2020
50.12
Net Profit Margin (%)
2016
25.77
2017
13.34
2018
7.97
2019
9.80
2020
19.24
EBITDA Margin (%)
2016
42.18
2017
35.71
2018
30.91
2019
33.99
2020
37.36
Return On Assets (%)
2016
8.40
2017
3.81
2018
2.30
2019
3.13
2020
7.65
Return On Equity (%)
2016
17.35
2017
8.13
2018
4.97
2019
6.65
2020
15.38
Equity/Assets (x)
2016
0.48
2017
0.47
2018
0.46
2019
0.47
2020
0.50
Current Ratio (x)
2016
1.89
2017
1.78
2018
1.60
2019
1.52
2020
1.65
Debt/Equity (x)
2016
0.96
2017
1.03
2018
1.04
2019
0.98
2020
0.85

* The Board of Directors decided in its meeting held on 21st of September 2020 to distribute cash dividends of SAR 394 million to the shareholders for the 1st half of the financial year 2020 amounted to SAR 1 per share. These dividends have been paid on 22nd of October 2020.

 

Peers (As at the end of FY2019)
Revenues
Net Income
Net Income Margin
Earnings per Share
Dry Bulk
Star Bulk Carriers (USD Thousand)
Revenues
821,365
Net Income
(16,201)
Net Income Margin
(1.97)%
Earnings per Share
US$ (0.17)
D´Amico (ITA) (USD Thousand)
Revenues
353,534
Net Income
(27,527)
Net Income Margin
(7.79)%
Earnings per Share
US$ (0.026)
Pangaea Logistics (USD Thousand)
Revenues
412,198
Net Income
17,049
Net Income Margin
4.14%
Earnings per Share
US$ 0.27
Oil
Mitsui O.S.K. (TOK) (Yen Million)
Revenues
1,155,404
Net Income
32,623
Net Income Margin
2.82%
Earnings per Share
¥ 272.79
Euronav (BRU) (USD Thousand)
Revenues
932,377
Net Income
112,230
Net Income Margin
12.04%
Earnings per Share
US$ 0.52
DHT Holdings (NYSE) (USD Thousand)
Revenues
535,068
Net Income
73,680
Net Income Margin
13.77%
Earnings per Share
US$ 0.51
Nippon Yusen (TOK) (Yen Million)
Revenues
1,668,355
Net Income
38,696
Net Income Margin
2.32%
Earnings per Share
¥ 184.39
Kawasaki Kisen (TOK) (Yen Million)
Revenues
735,284
Net Income
8,204
Net Income Margin
1.12%
Earnings per Share
¥ 56.50
Chemicals
A.P. Møller-Mærsk B (USD Million)
Revenues
38,890
Net Income
(44)
Net Income Margin
(0.11)%
Earnings per Share
US$ 23
TORM A (USD Thousand)
Revenues
692,610
Net Income
166,022
Net Income Margin
23.97%
Earnings per Share
US$ 2.24
Dampskibsselskabet Norden (COP) (USD Million)
Revenues
2,583.9
Net Income
19.2
Net Income Margin
0.74%
Earnings per Share
US$ 0.5
Great Eastern Shipping (BSE) (INR Crore)
Revenues
3,168.90
Net Income
280.69
Net Income Margin
8.86%
Earnings per Share
(cr/US$) 18.89