Riyadh Steel Past Earnings Performance

Past criteria checks 2/6

Riyadh Steel has been growing earnings at an average annual rate of 36.9%, while the Metals and Mining industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 6% per year. Riyadh Steel's return on equity is 14.9%, and it has net margins of 8.3%.

Key information

36.9%

Earnings growth rate

118.8%

EPS growth rate

Metals and Mining Industry Growth	21.7%
Revenue growth rate	6.0%
Return on equity	14.9%
Net Margin	8.3%
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Do Riyadh Steel's (TADAWUL:9588) Earnings Warrant Your Attention?

Dec 13

Why Investors Shouldn't Be Surprised By Riyadh Steel Company's (TADAWUL:9588) 91% Share Price Plunge

Sep 26

Revenues Working Against Riyadh Steel Company's (TADAWUL:9588) Share Price Following 91% Dive

Sep 26

Revenue & Expenses Breakdown

How Riyadh Steel makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SASE:9588 Revenue, expenses and earnings (SAR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	134	11	11
31 Dec 22	156	5	10
31 Dec 21	145	8	7
31 Dec 20	111	2	4

Quality Earnings: 9588 has a high level of non-cash earnings.

Growing Profit Margin: 9588's current net profit margins (8.3%) are higher than last year (3.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 9588's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 9588's past year earnings growth to its 5-year average.

Earnings vs Industry: 9588 earnings growth over the past year (118.8%) exceeded the Metals and Mining industry 114%.

Return on Equity

High ROE: 9588's Return on Equity (14.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 11:54
End of Day Share Price	2024/12/19 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Riyadh Steel Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution