Middle East Specialized Cables Co. (2370) is listed on Tadawul of the Saudi Exchange (Tadawul) under sector Capital Goods. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2024, Middle East Specialized Cables Co. reported revenue of SAR 1.14B, net profit of SAR 91M, and earnings per share of SAR 2.27. Total assets stood at SAR 929M with total equity of SAR 464M and total liabilities of SAR 464M.

Operating cash flow for 2024 was SAR -52M, representing a cash conversion ratio of -0.57 relative to net profit. Free cash flow was SAR -77M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR -0.57 arrived as operating cash. This indicates Low quality earnings based on the cash conversion ratio of -0.57.

Revenue growth from 2023 to 2024: +23.4%. Net profit growth over the same period: +86.0%. 3-year revenue CAGR: 30.4%.

Key financial ratios for 2024: Return on Equity 19.6%, Return on Assets 9.8%, Net Margin 8.0%, Debt to Equity 1.00.

In 2023, Middle East Specialized Cables Co. reported revenue of SAR 927M and net profit of SAR 49M, compared to SAR 1.14B and SAR 91M respectively in 2024.