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Advanced Petrochemical Co.

2330
ADVANCED
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  • Main Market
  • Materials

Stats Overview

  • Prev. Close 46.65
  • Open 46.65
  • High 47.50
  • Low 46.45
  • No. of Trades 2,867
  • Avg. Trade size* 158
  • Volume Traded 451,752
  • Value Traded (SAR) 21,283,046.60

Performance

ADVANCED
0.45 ( 0.96% )
Compare
Index Name Index Level 1D Return
Advanced Petrochemical Co. 46.65 0.96%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
47.10
% Change
0.96
Volume Traded
440

Best Bid

Price 47.00
Volume Traded 5

Best Offer

Price 47.10
Volume Traded 185

52 WEEK

High
75.00
2022/04/05
Low
38.45
2022/12/12
Change**
-24.52

PERFORMANCE

Start of Year
42.25
Year ago
62.4
3 Years ago
40.16

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  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
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Announcements

  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE FINANCIAL CLOSE FOR THE CONSTRUCTION OF PROPANE DEHYDROGENATION, POLYPROPYLENE AND ISOPROPANOL PLANTS

    2330
    ADVANCED 0.96 %
    1444/05/11     05/12/2022 08:03:59
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE APPROVAL OF THE MINISTRY OF ENERGY FOR THE ADVANCED GLOBAL INVESTMENT COMPANY TO CONSTRUCT, OWN AND OPERATE PIPELINES FOR PROPANE GAS TRANSPORT

    2330
    ADVANCED 0.96 %
    1444/05/10     04/12/2022 08:20:07
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED ON 30 SEPTEMBER 2022 (NINE MONTHS)

    2330
    ADVANCED 0.96 %
    1444/04/01     26/10/2022 09:00:55
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES RESOLUTION OF THE BOARD OF DIRECTORS TO APPOINT THE CHAIRMAN, VICE CHAIRMAN, THE FORMATION OF THE BOARD COMMITTEES, THE APPOINTMENT OF THE COMPANY’S REPRESENTATIVES TO THE CAPITAL MARKET AUTHORITY, THE SAUDI STOCK EXCHANGE (TADAWUL) AND THE SECURITIES DEPOSITORY CENTER COMPANY (EDAA), AND THE APPOINTMENT OF THE BOARD’S SECRETARY

    2330
    ADVANCED 0.96 %
    1444/03/09     05/10/2022 08:15:17
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE DISTRIBUTION OF DIVIDEND FOR THE THIRD QUARTER OF 2022

    2330
    ADVANCED 0.96 %
    1444/03/02     28/09/2022 08:15:33
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Corporate Actions

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CompanyProfilev2Financials

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Current Assets
854,105
478,554
395,880
1,190,745
Inventory
201,592
174,817
131,989
152,023
Investments
1,425,806
1,275,537
1,220,307
1,188,649
Fixed Assets
2,984,724
1,756,446
1,778,970
2,018,405
Other Assets
424,441
273,465
275,442
146,526
Total Assets
5,890,668
3,958,819
3,802,588
4,696,348
Current Liabilities
1,602,967
397,467
328,342
1,369,043
Non-Current Liabilities
331,762
142,246
123,915
102,983
Other Liabilities - - - -
Shareholders Equity
3,955,939
3,419,106
3,350,331
3,224,322
Total Liabilities and Shareholder Equity
5,890,668
3,958,819
3,802,588
4,696,348
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-02-09 2021-02-28 2020-03-01 2019-02-27
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Current Assets
837,954
1,705,041
1,096,781
950,631
Inventory
165,608
178,737
158,348
147,984
Investments
980,574
1,152,213
1,470,020
1,642,443
Fixed Assets
4,244,550
3,482,895
3,075,472
2,604,605
Other Assets
407,838
410,572
418,242
254,464
Total Assets
6,636,524
6,929,458
6,218,863
5,600,127
Current Liabilities
1,987,551
1,913,723
1,733,011
1,237,583
Non-Current Liabilities
1,083,662
1,051,235
339,377
146,135
Other Liabilities
325,586
- - -
Shareholders Equity
3,239,725
3,964,500
4,146,475
4,216,409
Total Liabilities and Shareholder Equity
6,636,524
6,929,458
6,218,863
5,600,127
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-11-02 2022-08-11 2022-05-12 2021-10-27
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
Search
Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 خليفه عبداللطيف عبدالله الملحم Chairman 3.3423227 3.3423227 0
2023-01-31 محمد خليفة عبداللطيف الملحم Board of Directors 0.0225912 0.0225912 0
2023-01-31 وليد محمد عبدالله الجعفري Board of Directors 0.4797965 0.4797965 0
2023-01-31 عبدالعزيز عبدالله مقبل الحبردي Board of Directors 0.0039185 0.0039185 0
2023-01-31 عبدالعزيز عبدالله عبدالعزيز المبارك الملحم Board of Directors 0.0018223 0.0018223 0
2023-01-31 بدر اسامه حسن جوهر Board of Directors 0.0000004 0.0000004 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Advanced Petrochemical Co.
Price 47.10
Market Cap (SAR MN) 12,246
P/E Ratio 26.68
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Company Profile

Company overview

Advanced Petrochemical Company )Advanced( or )Company( is engaged in the manufacture of plastics in primary forms, investment in industrial projects including, but not limited to, projects relating to petrochemical, chemical, basic and conversion industries and industries relating to renewable energy and to establish, operate and own industrial projects both within and outside of the Kingdom of Saudi Arabia. In May 2005, Advanced started the construction of its integrated petrochemical plants, located in Jubail Industrial City in the Eastern Province of the Kingdom of Saudi Arabia, which started its commercial production from its polypropylene facility on the March 03, 2008. The integrated plant is designed to produce 455,000 tons per year of propylene and 450,000 tons per year of polypropylene (nameplate capacities) from its production facility. Advanced utilizes the PDH-Catofin Technology, which is licensed by LummusTechnology, for the production of propylene, and it uses the Novolen Technology for the production of various polypropylene products. The products are marketed locally and globally through well-renowned off-takers. The Companys products are used in plastic applications such as cast film, BOPP films, fibers, filaments, woven tapes, non woven fabrics, and injection molding. Since the inception of Advanced, it has established itself as one of the major players in the petrochemical industry in the region.

Company History

Advanced was incorporated as a closed joint stock company under Commercial Registration No. (2050049604) dated October 01, 2005 (corresponding to Sha aban 27, 1426H) with a paid-up capital of (750,000,000) Saudi riyals divided into (75,000,000) ordinary shares with a nominal value of (10) Saudi riyals per share. In 2007 (corresponding to the year of 1427H), Advanced raised its capital by the amount of (663,750,000) Saudi riyals divided into (66,375,000) ordinary shares by issuing new shares to increase the capital through an initial public offering, so that the companys capital after public subscription became (1,413,750,000) Saudi riyals divided into (141,375,000) ordinary shares with a nominal value of (10) riyals per share. Thereafter, Advanced implemented several changes in the capital through the Board of Directors recommendation to raise the companys capital by issuing shares bonus on December 18, 2011 (corresponding to 01/23/1443H), where its capital after the increase and the approval of the Extraordinary General Assembly became (1,639,950,000) Saudi riyals. On May 17, 2016 (corresponding to 10/08/1437H), the Board of Directors recommended an increase in the companys capital, so that its capital after the increase and the approval of the Extraordinary General Assembly became (1,967,940,000) Saudi Riyals. On May 23, 2019 (corresponding to 09/18/1440H), the Board of Directors recommended an increase in the companys capital, so that its capital after the increase and the approval of the Extraordinary General Assembly became (2,164,734,000) Saudi riyals. On January 25, 2022 (corresponding to 06/22/1443H), the Board of Directors recommended an increase in the companys capital, so that after the increase and the approval of the Extraordinary General Assembly, its capital became (2,600,000,000) Saudi riyals divided into (260,000,000) ordinary shares with a nominal value of (10) riyals per share.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 2,600,000,000
  • Issued Shares 260,000,000
  • Paid Capital (SAR) 2,600,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2022-03-21

Investment limits

There are no investment limits on the companys shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on companys bylaw and the issued instruction by the related regulators and supervisory authorities

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    2005/10/01

  • Financial Year End

    31/12

  • Listing Date

    2007/01/20

  • External Auditors

    [Ernst & Young]

  • ISIN CODE

    SA000A0LE310

  • Number of Employees

    325

  • Chairman

    Mr. Khalifa Abdullatif Abdullah Al-Mulhem
    Non - Executive

    Mr. Khalifa Abdullatif Abdullah Al-Mulhem
    • BD Session Start
      2022-10-01
      Designation
      Chairman
    • BD Session End
      2025-09-30
      Classification
      Non - Executive
    • Qualification
      Bachelor of Business Administration
    Companies Membership
    • Memebrship Name
      National Shipping Company of Saudi Arabia(BAHRI)
      Start Date
      2020-01-16
    • Memebrship Character
      Independent
      End Date
      2023-01-15
    • Memebrship Name
      .Canadian Medical Center Co
      Start Date
      2022-12-28
    • Memebrship Character
      Non-Executive
      End Date
      2025-12-27
    • Memebrship Name
      .Walaa Cooperative Insurance Co
      Start Date
      2022-05-26
    • Memebrship Character
      Non-Executive
      End Date
      2025-05-25
  • Board of Directors

    Eng. Abdallah Ibrahem Abdallah Al Saadan Non - Executive

    Eng. Abdallah Ibrahem Abdallah Al Saadan
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Non - Executive
    • Qualification
      Bachelor in Chemical Engineering Master in Computer Science

    Eng. Abdulaziz Abdullah Megbel Al-Habardi Non - Executive

    Eng. Abdulaziz Abdullah Megbel Al-Habardi
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Non - Executive
    • Qualification
      Bachelor in Mechanical Engineering

    Eng. Mohammed Khalifah Abdullatif Al-Mulhem Non - Executive

    Eng. Mohammed Khalifah Abdullatif Al-Mulhem
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Non - Executive
    • Qualification
      Bachelor in Civil Engineering Master Finance and Banking
    Companies Membership
    • Memebrship Name
      Riyadh Cement Co.
      Start Date
      2022-06-15
    • Memebrship Character
      Independent
      End Date
      2025-06-14

    Eng. Abdulsalam Mazro Abdullah Al-Mazro Independent

    Eng. Abdulsalam Mazro Abdullah Al-Mazro
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Independent
    • Qualification
      Bachelor of Chemical Engineering Master of Business Management

    Mr. Abdulaziz Abdullah Abdulaziz Al-Mulhem Non - Executive

    Mr. Abdulaziz Abdullah Abdulaziz Al-Mulhem
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Non - Executive
    • Qualification
      Bachelor of Business Administration

    Mr. Waleed Mohammed Abdullah Al-Jaafari Deputy Chairman - Non Executive

    Mr. Waleed Mohammed Abdullah Al-Jaafari
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Deputy Chairman - Non Executive
    • Qualification
      Bachelor in Economics
    Companies Membership
    • Memebrship Name
      Walaa Cooperative Insurance Co
      Start Date
      2022-05-26
    • Memebrship Character
      Non-Executive
      End Date
      2025-05-25
    • Memebrship Name
      Eastern Province Cement Co
      Start Date
      2021-01-29
    • Memebrship Character
      Independent
      End Date
      2024-01-28
    • Memebrship Name
      Aldawaa Medical Services Co.
      Start Date
      2021-06-06
    • Memebrship Character
      Executive
      End Date
      2026-06-05

    Dr. Badr Osama H. Johar Independent

    Dr. Badr Osama H. Johar
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Independent
    • Qualification
      Bachelor in Industrial Engineering Master in Industrial Engineering PhD Industrial Engineering

    Eng. Nader Saleh Abdullah Al-Dakheel Independent

    Eng. Nader Saleh Abdullah Al-Dakheel
    • BD Session Start
      2022-10-01
      Designation
      Board of Directors
    • BD Session End
      2025-09-30
      Classification
      Independent
    • Qualification
      Bachelor of Mechanical Engineering Master of Structural Engineering and Projects Master of Business Management
  • Senior Executives

    Eng. Fahad Bin Salem Bin Fahad Al-Matrafi CEO

    Eng. Fahad Bin Salem Bin Fahad Al-Matrafi
    • BD Session Start
      2019-08-16
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO
    • Qualification
      Bachelor of Chemical Engineering Executive MBA

    Mr. Abdulaziz Saif Abdulrahman Al-Ardhi CFO

Mr. Abdulaziz Saif Abdulrahman Al-Ardhi
  • BD Session Start
    2021-09-01
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO
  • Qualification
    Bachelor of Accounting Holding SOCPA Certified

Investor Relations

Contact Name:

Faisal Hamoud M. Al-Jalhami

Company Address:

P.O.Box 11022 Post code 31961 jubail Eastern Province Saudi Arabia

Contact Details:

Telephone: 0133566061
Fax: 0133566065
Email: faisal.jalhami@advancedpetrochem.com

Company Website:

www.advancedpetrochem.com


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
Advanced Global Investment Company 100.00% Invest in industrial projects, including projects related to the basic petrochemical and chemical industries, or conversion inside and outside the Kingdom of Saudi Arabia. Jubail Industrial City Kingdom of Saudi Arabia
Advanced Renewable Energy Company 100.00% Its activity is the production of polysilicon and its derivatives, which include photovoltaic cells and photovoltaic panels. Jubail Industrial City Kingdom of Saudi Arabia
Advanced International Holding Company Ltd. 100.00% Invest in the production and marketing of petrochemical and chemical products. Luxembourg Luxembourg
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