Saudi Advanced Industries Co. (2120) is listed on Tadawul of the Saudi Exchange (Tadawul) under sector Financial Services. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2024, Saudi Advanced Industries Co. reported revenue of SAR 342M, net profit of SAR 295M, and earnings per share of SAR 5.00. Total assets stood at SAR 1.36B with total equity of SAR 1.23B and total liabilities of SAR 126M.

Operating cash flow for 2024 was SAR 100M, representing a cash conversion ratio of 0.34 relative to net profit. Free cash flow was SAR 84M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR 0.34 arrived as operating cash. This indicates Low quality earnings based on the cash conversion ratio of 0.34.

Revenue growth from 2023 to 2024: +90.1%. Net profit growth over the same period: +98.3%. 3-year revenue CAGR: 50.0%. 3-year net profit CAGR: 47.9%.

Key financial ratios for 2024: Return on Equity 24.0%, Return on Assets 21.8%, Net Margin 86.2%, Debt to Equity 0.10.

In 2023, Saudi Advanced Industries Co. reported revenue of SAR 180M and net profit of SAR 149M, compared to SAR 342M and SAR 295M respectively in 2024.