INTERMEDIATE PETROCHEMICALS INDUSTRIES CO. LTD

Income Statement Intermediate Petrochemicals Industries Co. Ltd

Stocks

IPCH

JO4121711017

Commodity Chemicals

End-of-day quote Amman S.E. 2024-02-05			5-day change	1st Jan Change
0.2100 ^JOD	+5.00%		-.--%	-

02-15	Intermediate petrochemicals industries FY profit 1.1 million dinars	RE
25-10-19	Intermediate Petrochemicals Industries Co. Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

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Published financial data: INTERMEDIATE PETROCHEMICALS INDUSTRIES CO. LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.07M	2.08M	1.39M	1.39M	827K
Total Revenues	2.07M	2.08M	1.39M	1.39M	827K
Cost of Goods Sold, Total	2.24M	2.08M	1.62M	1.57M	1.07M
Gross Profit	-172K	513	-230K	-181K	-247K
Selling General & Admin Expenses, Total	334K	313K	324K	306K	282K
Provision for Bad Debts	7.19K	8.09K	4.25K	-	4.07K
Depreciation & Amortization - (IS)	91.34K	91.34K	91.34K	91.34K	91.34K
Other Operating Expenses	-115K	-117K	-76.64K	-9.6K	-66.28K
Other Operating Expenses, Total	318K	296K	343K	388K	311K
Operating Income	-490K	-295K	-573K	-569K	-559K
Interest Expense, Total	-214K	-185K	-240K	-289K	-303K
Interest And Investment Income	-	-	4.34K	428	-
Net Interest Expenses	-214K	-185K	-236K	-288K	-303K
Other Non Operating Income (Expenses)	10.93K	1.68K	11.02K	35.19K	13.75K
EBT, Excl. Unusual Items	-693K	-478K	-797K	-822K	-848K
Gain (Loss) On Sale Of Assets	-	-	4.43K	4K	972
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	-693K	-478K	-793K	-818K	-847K
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-693K	-478K	-793K	-818K	-847K
Net Income to Company	-693K	-478K	-793K	-818K	-847K
Net Income - (IS)	-693K	-478K	-793K	-818K	-847K
Net Income to Common Incl Extra Items	-693K	-478K	-793K	-818K	-847K
Net Income to Common Excl. Extra Items	-693K	-478K	-793K	-818K	-847K
Per Share Items
Net EPS - Basic	-0.23	-0.16	-0.26	-0.27	-0.28
Basic EPS - Continuing Operations	-0.23	-0.16	-0.26	-0.27	-0.28
Basic Weighted Average Shares Outstanding	3M	3.01M	3M	3M	2.99M
Net EPS - Diluted	-0.23	-0.16	-0.26	-0.27	-0.28
Diluted EPS - Continuing Operations	-0.23	-0.16	-0.26	-0.27	-0.28
Diluted Weighted Average Shares Outstanding	3M	3.01M	3M	3M	2.99M
Normalized Basic EPS	-0.14	-0.1	-0.17	-0.17	-0.18
Normalized Diluted EPS	-0.14	-0.1	-0.17	-0.17	-0.18
Supplemental Items
EBITDA	-82.49K	113K	-163K	-157K	-148K
EBITA	-490K	-295K	-573K	-569K	-559K
EBIT	-490K	-295K	-573K	-569K	-559K
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	-433K	-299K	-498K	-514K	-530K
Supplemental Operating Expense Items
Advertising Expense	1.27K	2.24K	2.59K	1K	-
Selling and Marketing Expenses	59.79K	60.37K	267K	52.75K	40.16K
General and Administrative Expenses	275K	252K	57.44K	253K	242K
Maintenance & Repair Expenses, Total	27.6K	21.19K	11.97K	7.23K	11.84K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	214K	311K	228K	432K	339K
Total Cash And Short Term Investments	214K	311K	228K	432K	339K
Accounts Receivable, Total	397K	293K	116K	25.92K	15.84K
Other Receivables	-	-	20.44K	9.89K	21.79K
Notes Receivable	-	-	-	-	-
Total Receivables	397K	293K	137K	35.82K	37.63K
Inventory	1.09M	902K	828K	490K	486K
Prepaid Expenses	6.74K	5.74K	15.09K	5.32K	595
Other Current Assets, Total	68.67K	68.41K	51.82K	69.26K	23.69K
Total Current Assets	1.78M	1.58M	1.26M	1.03M	887K
Gross Property Plant And Equipment	8.21M	8.23M	8.22M	8.2M	8.19M
Accumulated Depreciation	-3.12M	-3.53M	-3.92M	-4.3M	-4.69M
Net Property Plant And Equipment	5.09M	4.7M	4.3M	3.91M	3.5M
Long-term Investments	21.48K	21.58K	21.32K	21.5K	20.43K
Other Intangibles, Total	-	-	-	-	-
Total Assets	6.89M	6.3M	5.58M	4.96M	4.41M
Liabilities
Accounts Payable, Total	162K	143K	88.12K	68.57K	66.6K
Accrued Expenses, Total	17.11K	34.43K	27.14K	183K	421K
Short-term Borrowings	487K	501K	473K	4.44M	4.51M
Current Portion of Long-Term Debt	1.76M	1.65M	786K	-	-
Current Income Taxes Payable	-	-	935	-	-
Unearned Revenue Current, Total	-	-	7.5K	8.5K	9.75K
Other Current Liabilities	116K	90.79K	116K	105K	102K
Total Current Liabilities	2.54M	2.42M	1.5M	4.81M	5.11M
Long-Term Debt	2.11M	2.12M	3.11M	-	-
Total Liabilities	4.65M	4.54M	4.61M	4.81M	5.11M
Common Stock, Total	7M	3M	3M	3M	3M
Retained Earnings	-4.75M	-1.23M	-2.02M	-2.84M	-3.69M
Comprehensive Income and Other	-7.52K	-7.42K	-7.68K	-7.5K	-8.57K
Total Common Equity	2.24M	1.77M	972K	154K	-694K
Total Equity	2.24M	1.77M	972K	154K	-694K
Total Liabilities And Equity	6.89M	6.3M	5.58M	4.96M	4.41M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3M	3M	3M	3M	3M
ECS Total Common Shares Outstanding	3M	3M	3M	3M	3M
Book Value / Share	0.75	0.59	0.32	0.05	-0.23
Tangible Book Value	2.24M	1.77M	972K	154K	-694K
Tangible Book Value Per Share	0.75	0.59	0.32	0.05	-0.23
Total Debt	4.35M	4.27M	4.37M	4.44M	4.51M
Net Debt	4.14M	3.96M	4.14M	4.01M	4.17M
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	1.34M	1.07M	953K	664K	624K
Inventories - Finished Goods, Total	96.04K	97.58K	114K	69.63K	91.61K
Inventories - Others	312K	294K	287K	287K	281K
Land - (BS)	1.24M	1.24M	1.24M	1.24M	1.24M
Buildings, Total	2.13M	2.13M	2.13M	2.13M	2.13M
Machinery, Total	4.84M	4.85M	4.84M	4.83M	4.82M
Full Time Employees	46	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	671K	664K	581K	572K	538K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-693K	-478K	-793K	-818K	-847K
Depreciation & Amortization - CF	407K	408K	410K	412K	411K
Depreciation & Amortization, Total	407K	408K	410K	412K	411K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-4.43K	-4K	-972
Provision and Write-off of Bad Debts	7.19K	8.09K	4.25K	-	4.07K
Other Operating Activities, Total	166K	68.56K	163K	-6.8K	-56.86K
Change In Accounts Receivable	723K	111K	222K	99.96K	43.99K
Change In Inventories	-68.45K	289K	102K	335K	32.37K
Change In Accounts Payable	-37.92K	-18.87K	-54.56K	-19.55K	-1.97K
Change in Other Net Operating Assets	-52.75K	-7.06K	13.14K	147K	266K
Cash from Operations	452K	380K	61.77K	146K	-149K
Capital Expenditure	-6.74K	-16.79K	-9.24K	-18.86K	-8.63K
Sale of Property, Plant, and Equipment	-	-	4.43K	4K	1.8K
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-6.74K	-16.79K	-4.81K	-14.86K	-6.83K
Short Term Debt Issued, Total	-	-	-	-	63.03K
Long-Term Debt Issued, Total	-	-	99.58K	73.74K	-
Total Debt Issued	-	-	99.58K	73.74K	63.03K
Short Term Debt Repaid, Total	-47.78K	-	-	-	-
Long-Term Debt Repaid, Total	-	-80.94K	-	-	-
Total Debt Repaid	-47.78K	-80.94K	-	-	-
Other Financing Activities, Total	-214K	-185K	-240K	-	-
Cash from Financing	-262K	-266K	-140K	73.74K	63.03K
Net Change in Cash	183K	97.1K	-83.32K	205K	-93.04K
Supplemental Items
Levered Free Cash Flow	484K	356K	102K	413K	152K
Unlevered Free Cash Flow	618K	472K	252K	593K	341K
Change In Net Working Capital	-523K	-266K	-210K	-556K	-288K
Net Debt Issued / Repaid	-47.78K	-80.94K	99.58K	73.74K	63.03K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-4.19	-2.8	-6.02	-6.75	-7.45
Return on Total Capital	-4.39	-2.92	-6.29	-7.16	-8.3
Return On Equity %	-26.76	-23.87	-57.92	-145.24	314
Return on Common Equity	-26.76	-23.87	-57.92	-145.24	314
Margin Analysis
Gross Profit Margin %	-8.29	0.02	-16.54	-13.04	-29.92
SG&A Margin	16.14	15	23.32	22.05	34.13
EBITDA Margin %	-3.98	5.41	-11.74	-11.29	-17.87
EBITA Margin %	-23.63	-14.15	-41.23	-40.98	-67.57
EBIT Margin %	-23.63	-14.15	-41.23	-40.98	-67.57
Income From Continuing Operations Margin %	-33.45	-22.95	-57.07	-58.92	-102.47
Net Income Margin %	-33.45	-22.95	-57.07	-58.92	-102.47
Net Avail. For Common Margin %	-33.45	-22.95	-57.07	-58.92	-102.47
Normalized Net Income Margin	-20.91	-14.34	-35.87	-37	-64.12
Levered Free Cash Flow Margin	23.34	17.1	7.35	29.75	18.34
Unlevered Free Cash Flow Margin	29.8	22.65	18.14	42.74	41.26
Asset Turnover
Asset Turnover	0.28	0.32	0.23	0.26	0.18
Fixed Assets Turnover	0.39	0.43	0.31	0.34	0.22
Receivables Turnover (Average Receivables)	2.81	6.04	6.79	19.53	39.6
Inventory Turnover (Average Inventory)	2.12	2.09	1.87	2.38	2.1
Short Term Liquidity
Current Ratio	0.7	0.65	0.84	0.21	0.17
Quick Ratio	0.24	0.25	0.24	0.1	0.07
Operating Cash Flow to Current Liabilities	0.18	0.16	0.04	0.03	-0.03
Days Sales Outstanding (Average Receivables)	130.06	60.39	53.78	18.69	9.24
Days Outstanding Inventory (Average Inventory)	172.42	174.42	194.97	153.27	174.07
Average Days Payable Outstanding	28.6	29.28	27.26	23.21	24.15
Cash Conversion Cycle (Average Days)	273.88	205.54	221.49	148.75	159.17
Long Term Solvency
Total Debt/Equity	193.91	241.87	449.41	2.88K	-649.34
Total Debt / Total Capital	65.98	70.75	81.8	96.64	118.2
LT Debt/Equity	93.85	120.15	319.91	-	-
Long-Term Debt / Total Capital	31.93	35.14	58.23	-	-
Total Liabilities / Total Assets	67.43	71.99	82.58	96.89	115.73
EBIT / Interest Expense	-2.29	-1.59	-2.39	-1.97	-1.84
EBITDA / Interest Expense	-0.38	0.61	-0.68	-0.54	-0.49
(EBITDA - Capex) / Interest Expense	-0.42	0.52	-0.72	-0.61	-0.52
Total Debt / EBITDA	-52.75	37.89	-26.79	-28.33	-30.5
Net Debt / EBITDA	-50.16	35.13	-25.4	-25.58	-28.2
Total Debt / (EBITDA - Capex)	-48.76	44.52	-25.35	-25.29	-28.82
Net Debt / (EBITDA - Capex)	-46.37	41.28	-24.03	-22.83	-26.65
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-35.38	0.6	-33.35	-0.06	-40.45
Gross Profit, 1 Yr. Growth %	-55.27	-100.3	-44.9K	-21.19	36.57
EBITDA, 1 Yr. Growth %	-84.11	-236.63	-244.72	-3.84	11.39
EBITA, 1 Yr. Growth %	-46.42	-39.77	94.17	-0.66	2.54
EBIT, 1 Yr. Growth %	-46.42	-39.77	94.17	-0.66	2.54
Earnings From Cont. Operations, 1 Yr. Growth %	-39.52	-30.97	65.72	3.18	3.56
Net Income, 1 Yr. Growth %	-39.52	-30.97	65.72	3.18	3.56
Normalized Net Income, 1 Yr. Growth %	-39.58	-30.97	66.64	3.11	3.17
Diluted EPS Before Extra, 1 Yr. Growth %	-39.64	-31.17	66.04	3.41	3.66
Accounts Receivable, 1 Yr. Growth %	-63.14	-26.09	-60.34	-77.71	-38.91
Inventory, 1 Yr. Growth %	6.41	-17.25	-8.21	-40.77	-9.33
Net Property, Plant and Equip., 1 Yr. Growth %	-7.29	-7.68	-8.52	-9.15	-10.32
Total Assets, 1 Yr. Growth %	-10.65	-8.51	-11.45	-11.1	-11.09
Tangible Book Value, 1 Yr. Growth %	-23.6	-21.32	-44.93	-84.13	-549.66
Common Equity, 1 Yr. Growth %	-23.6	-21.32	-44.93	-84.13	-549.66
Cash From Operations, 1 Yr. Growth %	1.29K	-15.86	-83.74	-181.9	-202.32
Capital Expenditures, 1 Yr. Growth %	-97.39	148.87	-44.97	104.1	-54.25
Levered Free Cash Flow, 1 Yr. Growth %	-662.98	-26.3	-71.36	304.67	-64.59
Unlevered Free Cash Flow, 1 Yr. Growth %	657.1	-23.55	-46.63	135.52	-43.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-31.16	-19.37	-18.12	-18.39	-22.86
Gross Profit, 2 Yr. CAGR %	-28.09	-96.35	47.94	1.78K	3.75
EBITDA, 2 Yr. CAGR %	-62.36	-53.41	187.12	17.96	-4.82
EBITA, 2 Yr. CAGR %	-29.68	-43.19	21.58	38.89	-1.24
EBIT, 2 Yr. CAGR %	-29.68	-43.19	21.58	38.89	-1.24
Earnings From Cont. Operations, 2 Yr. CAGR %	-25.84	-35.39	14.78	30.76	3.37
Net Income, 2 Yr. CAGR %	-25.84	-35.39	6.95	30.76	3.37
Normalized Net Income, 2 Yr. CAGR %	-26.13	-35.42	15.1	31.08	3.14
Diluted EPS Before Extra, 2 Yr. CAGR %	-25.84	-35.54	14.73	31.03	3.54
Accounts Receivable, 2 Yr. CAGR %	-20.26	-47.81	-45.86	-70.26	-63.09
Inventory, 2 Yr. CAGR %	-20.53	-6.16	-12.85	-26.27	-23.39
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.74	-7.48	-8.1	-8.83	-9.73
Total Assets, 2 Yr. CAGR %	-13.13	-9.59	-9.99	-11.27	-11.09
Tangible Book Value, 2 Yr. CAGR %	-25.87	-22.47	-34.17	-70.43	-15.52
Common Equity, 2 Yr. CAGR %	-25.87	-22.47	-34.17	-70.43	-15.52
Cash From Operations, 2 Yr. CAGR %	-32.85	241.81	-63.01	-38.04	-8.46
Capital Expenditures, 2 Yr. CAGR %	-66.96	-74.54	17.03	5.98	-3.37
Levered Free Cash Flow, 2 Yr. CAGR %	-34.48	103.69	-56.82	7.65	21.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	-31.11	140.58	-39.19	12.12	16.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-10.9	-21.88	-24.33	-12.49	-26.53
Gross Profit, 3 Yr. CAGR %	-42.22	-88.44	-15.73	19.93	684.18
EBITDA, 3 Yr. CAGR %	-57.6	-42.15	-32.02	99.39	9.45
EBITA, 3 Yr. CAGR %	-31.54	-33.22	-14.43	13.67	23.72
EBIT, 3 Yr. CAGR %	-31.54	-33.22	-14.43	13.67	23.72
Earnings From Cont. Operations, 3 Yr. CAGR %	-26.66	-27.59	-11.56	10.78	20.98
Net Income, 3 Yr. CAGR %	-26.66	-27.59	-11.56	5.68	20.98
Normalized Net Income, 3 Yr. CAGR %	-26.66	-27.78	-11.42	10.96	21.03
Diluted EPS Before Extra, 3 Yr. CAGR %	-26.56	-27.66	-11.64	10.83	21.19
Accounts Receivable, 3 Yr. CAGR %	-1.62	-22.25	-52.37	-59.72	-62.2
Inventory, 3 Yr. CAGR %	-32.08	-19.45	-6.85	-23.38	-18.63
Net Property, Plant and Equip., 3 Yr. CAGR %	-6.52	-7.05	-7.83	-8.45	-9.33
Total Assets, 3 Yr. CAGR %	-14.19	-11.62	-10.21	-10.36	-11.21
Tangible Book Value, 3 Yr. CAGR %	-25.12	-24.38	-30.82	-59.03	-26.75
Common Equity, 3 Yr. CAGR %	-25.12	-24.38	-30.82	-59.03	-26.75
Cash From Operations, 3 Yr. CAGR %	-26.54	-27.61	23.85	-31.39	-26.76
Capital Expenditures, 3 Yr. CAGR %	-64.6	-35.23	-67.08	40.87	-19.9
Levered Free Cash Flow, 3 Yr. CAGR %	-17.04	-31.86	5.92	-8.97	-24.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-4.22	-28.68	45.64	-4.51	-10.26
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.26	-1.76	-13.86	-20.5	-23.75
Gross Profit, 5 Yr. CAGR %	14.47	-69.54	-23.73	-11.42	-8.42
EBITDA, 5 Yr. CAGR %	-22.01	176.14	-31.51	-23.07	-22.22
EBITA, 5 Yr. CAGR %	0.48	7.94	-17.8	-10.49	-9.38
EBIT, 5 Yr. CAGR %	0.48	7.94	-17.8	-10.49	-9.38
Earnings From Cont. Operations, 5 Yr. CAGR %	2.42	5.9	-14.71	-8.28	-5.86
Net Income, 5 Yr. CAGR %	2.42	5.9	-14.71	-8.28	-5.86
Normalized Net Income, 5 Yr. CAGR %	2.42	5.9	-14.62	-8.33	-5.86
Diluted EPS Before Extra, 5 Yr. CAGR %	2.39	5.97	-14.66	-8.25	-5.86
Accounts Receivable, 5 Yr. CAGR %	-7.81	-16.69	-22.53	-47.07	-56.99
Inventory, 5 Yr. CAGR %	-18.91	-23.13	-24.96	-22.25	-13.86
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.76	-7.16	-7.16	-7.77	-8.6
Total Assets, 5 Yr. CAGR %	-8.6	-10.78	-12.54	-11.48	-10.57
Tangible Book Value, 5 Yr. CAGR %	-21.25	-24.33	-28.88	-48.06	-25.06
Common Equity, 5 Yr. CAGR %	-21.39	-24.33	-28.88	-48.06	-25.06
Cash From Operations, 5 Yr. CAGR %	-10.92	1.29	-44.17	-31.98	35.63
Capital Expenditures, 5 Yr. CAGR %	-34.91	-40.43	-42.88	-21.13	-49.35
Levered Free Cash Flow, 5 Yr. CAGR %	-7.5	-9.56	-34.51	-18.18	12.03
Unlevered Free Cash Flow, 5 Yr. CAGR %	-5.43	-0.49	-18.55	-14.53	33.13