HEAVY ENGINEERING INDUSTRISE AND SHIP BUILDING CO.

Heavy Engineering Industries & Shipbuilding Co. (KSC)

SHIPStocksBoursa KuwaitIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	4.31M	3.63M	4.87M	5.76M	4.91M
Cash & Short-Term Investments	4.31M	3.63M	4.87M	5.76M	4.91M
Receivables	118.08M	99.19M	82.12M	87.33M	77.56M
Inventory	23.70M	15.47M	13.74M	10.79M	10.31M
Current Assets	153.22M	123.21M	106.39M	106.67M	95.94M
PP&E	81.41M	78.37M	74.30M	64.26M	57.53M
Total Assets	239.29M	204.61M	183.84M	176.59M	167.66M
Liabilities
Accounts Payable	13.11M	9.25M	6.50M	47.69M	7.26M
Current Liabilities	129.54M	105.19M	86.31M	82.15M	72.75M
Long-Term Debt	4.32M	1.90M	0.96M	2.73M	6.78M
Short-Term Debt	28.09M	27.47M	14.36M	23.75M	17.56M
Total Debt	51.97M	42.14M	27.15M	37.25M	34.43M
Total Liabilities	158.08M	127.04M	109.81M	105.79M	98.86M
Equity & Ownership
Retained Earnings	62.59M	59.08M	55.42M	52.00M	49.89M
Total Equity	81.21M	77.57M	74.03M	70.80M	68.81M
Net Debt	47.67M	38.51M	22.28M	31.49M	29.52M
Shares Outstanding	198,265,669	198,265,669	198,265,669	198,265,669	198,265,669
Cash & Assets
Total Assets	239.29M	204.61M	183.84M	176.59M	167.66M
Total Current Assets	153.22M	123.21M	106.39M	106.67M	95.94M
Cash & Equivalents	4.31M	3.63M	4.87M	5.76M	4.91M
Cash & Short-Term Investments	4.31M	3.63M	4.87M	5.76M	4.91M
Net Cash (Debt)	-47.67M	-38.51M	-22.28M	-31.49M	-29.52M
Net Cash Per Share	-0.24	-0.19	-0.11	-0.16	-0.15
Cash Growth	+18.5%	-25.3%	-15.5%	+17.4%	+11.1%
Accounts Receivable	117.54M	98.67M	81.93M	87.12M	77.30M
Other Receivables	537.31K	522.99K	184.18K	213.34K	257.02K
Receivables	118.08M	99.19M	82.12M	87.33M	77.56M
Inventory	23.70M	15.47M	13.74M	10.79M	10.31M
Prepaid Expenses	2.24M	2.09M	2.53M	1.15M	0.92M
Construction In Progress	2.14M	1.92M	0.58M	4.57M	0.05M
Land	5.45M	5.45M	5.45M	5.45M	5.45M
Buildings	23.40M	23.33M	23.08M	24.29M	24.39M
Machinery	100.46M	97.58M	95.85M	84.49M	86.68M
Property, Plant & Equipment	81.41M	78.37M	74.30M	64.26M	57.53M
Other Current Assets	4.89M	2.83M	3.13M	1.64M	2.25M
Long-Term Accounts Receivable	2.88M	1.43M	1.41M	3.73M	12.16M
Order Backlog	735.66M	603.07M	456.42M	317.01M	181.02M
Long-Term Leases	1.93M	0.34M	0.91M	0.27M	0.31M
Current Portion of Leases	848.50K	858.36K	858.21K	97.96K	117.96K
Loans & Investments
Long-Term Investments	1.78M	1.61M	1.74M	1.93M	2.04M
Liabilities & Obligations
Total Liabilities	158.08M	127.04M	109.81M	105.79M	98.86M
Total Liabilities & Equity	239.29M	204.61M	183.84M	176.59M	167.66M
Total Current Liabilities	129.54M	105.19M	86.31M	82.15M	72.75M
Accounts Payable	13.11M	9.25M	6.50M	47.69M	7.26M
Accrued Expenses	7.75M	6.88M	6.88M	—	7.19M
Current Income Taxes Payable	573.13K	303.37K	362.72K	—	—
Current Unearned Revenue	0.47M	1.84M	0.27M	0.21M	0.22M
Other Current Liabilities	61.91M	47.01M	47.04M	—	30.75M
Pension & Post-Retirement Benefits	21.43M	18.51M	19.75M	18.20M	16.06M
Other Long-Term Liabilities	0.85M	1.10M	1.87M	2.43M	2.95M
Debt & Funding
Long-Term Debt	4.32M	1.90M	0.96M	2.73M	6.78M
Short-Term Debt	28.09M	27.47M	14.36M	23.75M	17.56M
Total Debt	51.97M	42.14M	27.15M	37.25M	34.43M
Current Portion of Long-Term Debt	16.78M	11.58M	10.05M	10.41M	9.66M
Equity & Book Value
Shareholders' Equity	81.21M	77.57M	74.03M	70.80M	68.81M
Total Common Equity	81.20M	77.57M	74.03M	70.80M	68.80M
Common Stock	18.02M	18.02M	18.02M	18.02M	18.02M
Retained Earnings	62.59M	59.08M	55.42M	52.00M	49.89M
Treasury Stock	-276	—	—	—	—
Comprehensive Income & Other	587.50K	459.35K	588.80K	780.51K	890.05K
Minority Interest	5.56K	5.38K	3.61K	3.17K	2.85K
Book Value Per Share	0.41	0.39	0.37	0.36	0.35
Tangible Book Value	81.20M	77.57M	74.03M	70.80M	68.80M
Tangible Book Value Per Share	0.41	0.39	0.37	0.36	0.35
Filing Date Shares Outstanding	198.27M	198.27M	198.27M	198.27M	198.27M
Total Common Shares Outstanding	198.27M	198.27M	198.27M	198.27M	198.27M
Working Capital	23.68M	18.02M	20.08M	24.52M	23.19M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	4.31M	3.63M	4.87M	5.76M	4.91M
Cash & Short-Term Investments	4.31M	3.63M	4.87M	5.76M	4.91M
Receivables	118.08M	99.19M	82.12M	87.33M	77.56M
Inventory	23.70M	15.47M	13.74M	10.79M	10.31M
Current Assets	153.22M	123.21M	106.39M	106.67M	95.94M
PP&E	81.41M	78.37M	74.30M	64.26M	57.53M
Total Assets	239.29M	204.61M	183.84M	176.59M	167.66M
Liabilities
Accounts Payable	13.11M	9.25M	6.50M	47.69M	7.26M
Current Liabilities	129.54M	105.19M	86.31M	82.15M	72.75M
Long-Term Debt	4.32M	1.90M	0.96M	2.73M	6.78M
Short-Term Debt	28.09M	27.47M	14.36M	23.75M	17.56M
Total Debt	51.97M	42.14M	27.15M	37.25M	34.43M
Total Liabilities	158.08M	127.04M	109.81M	105.79M	98.86M
Equity & Ownership
Retained Earnings	62.59M	59.08M	55.42M	52.00M	49.89M
Total Equity	81.21M	77.57M	74.03M	70.80M	68.81M
Net Debt	47.67M	38.51M	22.28M	31.49M	29.52M
Shares Outstanding	198,265,669	198,265,669	198,265,669	198,265,669	198,265,669
Cash & Assets
Total Assets	239.29M	204.61M	183.84M	176.59M	167.66M
Total Current Assets	153.22M	123.21M	106.39M	106.67M	95.94M
Cash & Equivalents	4.31M	3.63M	4.87M	5.76M	4.91M
Cash & Short-Term Investments	4.31M	3.63M	4.87M	5.76M	4.91M
Net Cash (Debt)	-47.67M	-38.51M	-22.28M	-31.49M	-29.52M
Net Cash Per Share	-0.24	-0.19	-0.11	-0.16	-0.15
Cash Growth	+18.5%	-25.3%	-15.5%	+17.4%	+11.1%
Accounts Receivable	117.54M	98.67M	81.93M	87.12M	77.30M
Other Receivables	537.31K	522.99K	184.18K	213.34K	257.02K
Receivables	118.08M	99.19M	82.12M	87.33M	77.56M
Inventory	23.70M	15.47M	13.74M	10.79M	10.31M
Prepaid Expenses	2.24M	2.09M	2.53M	1.15M	0.92M
Construction In Progress	2.14M	1.92M	0.58M	4.57M	0.05M
Land	5.45M	5.45M	5.45M	5.45M	5.45M
Buildings	23.40M	23.33M	23.08M	24.29M	24.39M
Machinery	100.46M	97.58M	95.85M	84.49M	86.68M
Property, Plant & Equipment	81.41M	78.37M	74.30M	64.26M	57.53M
Other Current Assets	4.89M	2.83M	3.13M	1.64M	2.25M
Long-Term Accounts Receivable	2.88M	1.43M	1.41M	3.73M	12.16M
Order Backlog	735.66M	603.07M	456.42M	317.01M	181.02M
Long-Term Leases	1.93M	0.34M	0.91M	0.27M	0.31M
Current Portion of Leases	848.50K	858.36K	858.21K	97.96K	117.96K
Loans & Investments
Long-Term Investments	1.78M	1.61M	1.74M	1.93M	2.04M
Liabilities & Obligations
Total Liabilities	158.08M	127.04M	109.81M	105.79M	98.86M
Total Liabilities & Equity	239.29M	204.61M	183.84M	176.59M	167.66M
Total Current Liabilities	129.54M	105.19M	86.31M	82.15M	72.75M
Accounts Payable	13.11M	9.25M	6.50M	47.69M	7.26M
Accrued Expenses	7.75M	6.88M	6.88M	—	7.19M
Current Income Taxes Payable	573.13K	303.37K	362.72K	—	—
Current Unearned Revenue	0.47M	1.84M	0.27M	0.21M	0.22M
Other Current Liabilities	61.91M	47.01M	47.04M	—	30.75M
Pension & Post-Retirement Benefits	21.43M	18.51M	19.75M	18.20M	16.06M
Other Long-Term Liabilities	0.85M	1.10M	1.87M	2.43M	2.95M
Debt & Funding
Long-Term Debt	4.32M	1.90M	0.96M	2.73M	6.78M
Short-Term Debt	28.09M	27.47M	14.36M	23.75M	17.56M
Total Debt	51.97M	42.14M	27.15M	37.25M	34.43M
Current Portion of Long-Term Debt	16.78M	11.58M	10.05M	10.41M	9.66M
Equity & Book Value
Shareholders' Equity	81.21M	77.57M	74.03M	70.80M	68.81M
Total Common Equity	81.20M	77.57M	74.03M	70.80M	68.80M
Common Stock	18.02M	18.02M	18.02M	18.02M	18.02M
Retained Earnings	62.59M	59.08M	55.42M	52.00M	49.89M
Treasury Stock	-276	—	—	—	—
Comprehensive Income & Other	587.50K	459.35K	588.80K	780.51K	890.05K
Minority Interest	5.56K	5.38K	3.61K	3.17K	2.85K
Book Value Per Share	0.41	0.39	0.37	0.36	0.35
Tangible Book Value	81.20M	77.57M	74.03M	70.80M	68.80M
Tangible Book Value Per Share	0.41	0.39	0.37	0.36	0.35
Filing Date Shares Outstanding	198.27M	198.27M	198.27M	198.27M	198.27M
Total Common Shares Outstanding	198.27M	198.27M	198.27M	198.27M	198.27M
Working Capital	23.68M	18.02M	20.08M	24.52M	23.19M