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Saudi Automotive Services Co. 2024 Annual Results

Revenue

SAR 10.19B

Net Profit

SAR 44M

EPS

SAR 0.63

Operating Cash Flow

SAR 651M

Saudi Automotive Services Co. (4050) reported full year 2024 revenue of SAR 10.19B, up 11.8% from SAR 9.11B in 2023. Net profit came in at SAR 44M, down 58.1% year on year. Earnings per share were SAR 0.63. The company generated SAR 651M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 14.72 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 14.72.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 10.19B	SAR 9.11B
Net Profit	SAR 44M	SAR 105M
Net Margin	0.4%	1.2%
ROE	5.2%	12.1%
EPS	SAR 0.63	SAR 1.76
Total Assets	SAR 6.45B	SAR 5.96B
Total Equity	SAR 849M	SAR 875M
Total Liabilities	SAR 5.49B	SAR 4.96B
Operating Cash Flow	SAR 651M	SAR 618M

Year on Year Comparison

Revenue increased by 11.8% compared to 2023. Net profit decreased by 58.1%. Revenue grew but profit declined — suggesting margin pressure.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2025-03-27.