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

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	-1.42M	-6.88M	17.49M	-0.83M	-7.29M
Free Cash Flow	-3.07M	-8.38M	15.75M	-3.41M	-9.59M
Capital Expenditures	-1.66M	-1.49M	-1.73M	-2.58M	-2.29M
Investing & Financing
Investing Cash Flow	-1.62M	-1.46M	-1.32M	-2.20M	-2.11M
Financing Cash Flow	1.95M	6.69M	-15.70M	6.17M	7.44M
Dividends Paid	-0.01M	-0.01M	-6.19M	-0.00M	—
Operating Activities
Operating Cash Flow	-1.42M	-6.88M	17.49M	-0.83M	-7.29M
Net Income	4.16M	1.70M	2.35M	1.61M	3.94M
Change in Accounts Payable	1.96M	6.08M	3.00M	8.06M	-7.41M
Change in Accounts Receivable	-8.94M	-13.50M	11.37M	-11.49M	-7.95M
Change in Inventory	-1.68M	-4.00M	-2.17M	-0.41M	0.24M
Change in Other Net Operating Assets	—	—	—	—	—
Change in Unearned Revenue	0.10M	-0.15M	0.18M	-1.50M	1.36M
Change in Working Capital	-8.56M	-11.56M	12.38M	-5.35M	-13.75M
Other Operating Activities	1.15M	1.56M	1.40M	1.14M	1.18M
Depreciation & Amortization	1.80M	1.61M	1.56M	1.61M	1.28M
Cash Interest Paid	569.84K	498.47K	548.29K	352.34K	530.75K
Investing Activities
Investing Cash Flow	-1.62M	-1.46M	-1.32M	-2.20M	-2.11M
Capital Expenditures	-1.66M	-1.49M	-1.73M	-2.58M	-2.29M
Investment in Securities	198.71K	—	—	—	110.83K
Other Investing Activities	-113.13K	34.23K	85.58K	198.71K	-110.83K
Sale of Property, Plant & Equipment	-0.05M	0.00M	0.33M	0.18M	0.18M
Loss (Gain) From Sale of Assets	8.78K	-145.56K	21.57K	-89.05K	-81.92K
Loss (Gain) on Sale of Investments	25.94K	-53.35K	-224.70K	244.86K	133.56K
Financing Activities
Financing Cash Flow	1.95M	6.69M	-15.70M	6.17M	7.44M
Common Dividends Paid	-0.01M	-0.01M	-6.19M	-0.00M	—
Long-Term Debt Issued	—	—	—	7.58M	—
Total Debt Issued	0.40M	6.06M	-1.60M	7.58M	6.99M
Long-Term Debt Repaid	—	—	—	-1.05M	—
Total Debt Repaid	2.13M	1.13M	-7.36M	-1.05M	0.94M
Net Debt Issued (Repaid)	2.53M	7.19M	-8.96M	6.53M	7.93M
Other Financing Activities	-569.84K	-498.47K	-548.29K	-352.34K	-492.88K
Free Cash Flow & Returns
Free Cash Flow	-3.07M	-8.38M	15.75M	-3.41M	-9.59M
Free Cash Flow Growth	—	—	—	—	—
Free Cash Flow Margin	-5.4%	-15.4%	+33.6%	-7.2%	-16.4%
Free Cash Flow Per Share	-0.02	-0.05	0.09	-0.02	-0.05
Levered Free Cash Flow	-5.41M	-9.83M	14.17M	-4.50M	-12.16M
Unlevered Free Cash Flow	-5.13M	-9.47M	14.54M	-4.14M	-11.85M
Operating Cash Flow Growth	—	—	—	—	—
Net Cash Flow	-1.08M	-1.65M	0.47M	3.14M	-1.96M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	-1.42M	-6.88M	17.49M	-0.83M	-7.29M
Free Cash Flow	-3.07M	-8.38M	15.75M	-3.41M	-9.59M
Capital Expenditures	-1.66M	-1.49M	-1.73M	-2.58M	-2.29M
Investing & Financing
Investing Cash Flow	-1.62M	-1.46M	-1.32M	-2.20M	-2.11M
Financing Cash Flow	1.95M	6.69M	-15.70M	6.17M	7.44M
Dividends Paid	-0.01M	-0.01M	-6.19M	-0.00M	—
Operating Activities
Operating Cash Flow	-1.42M	-6.88M	17.49M	-0.83M	-7.29M
Net Income	4.16M	1.70M	2.35M	1.61M	3.94M
Change in Accounts Payable	1.96M	6.08M	3.00M	8.06M	-7.41M
Change in Accounts Receivable	-8.94M	-13.50M	11.37M	-11.49M	-7.95M
Change in Inventory	-1.68M	-4.00M	-2.17M	-0.41M	0.24M
Change in Other Net Operating Assets	—	—	—	—	—
Change in Unearned Revenue	0.10M	-0.15M	0.18M	-1.50M	1.36M
Change in Working Capital	-8.56M	-11.56M	12.38M	-5.35M	-13.75M
Other Operating Activities	1.15M	1.56M	1.40M	1.14M	1.18M
Depreciation & Amortization	1.80M	1.61M	1.56M	1.61M	1.28M
Cash Interest Paid	569.84K	498.47K	548.29K	352.34K	530.75K
Investing Activities
Investing Cash Flow	-1.62M	-1.46M	-1.32M	-2.20M	-2.11M
Capital Expenditures	-1.66M	-1.49M	-1.73M	-2.58M	-2.29M
Investment in Securities	198.71K	—	—	—	110.83K
Other Investing Activities	-113.13K	34.23K	85.58K	198.71K	-110.83K
Sale of Property, Plant & Equipment	-0.05M	0.00M	0.33M	0.18M	0.18M
Loss (Gain) From Sale of Assets	8.78K	-145.56K	21.57K	-89.05K	-81.92K
Loss (Gain) on Sale of Investments	25.94K	-53.35K	-224.70K	244.86K	133.56K
Financing Activities
Financing Cash Flow	1.95M	6.69M	-15.70M	6.17M	7.44M
Common Dividends Paid	-0.01M	-0.01M	-6.19M	-0.00M	—
Long-Term Debt Issued	—	—	—	7.58M	—
Total Debt Issued	0.40M	6.06M	-1.60M	7.58M	6.99M
Long-Term Debt Repaid	—	—	—	-1.05M	—
Total Debt Repaid	2.13M	1.13M	-7.36M	-1.05M	0.94M
Net Debt Issued (Repaid)	2.53M	7.19M	-8.96M	6.53M	7.93M
Other Financing Activities	-569.84K	-498.47K	-548.29K	-352.34K	-492.88K
Free Cash Flow & Returns
Free Cash Flow	-3.07M	-8.38M	15.75M	-3.41M	-9.59M
Free Cash Flow Growth	—	—	—	—	—
Free Cash Flow Margin	-5.4%	-15.4%	+33.6%	-7.2%	-16.4%
Free Cash Flow Per Share	-0.02	-0.05	0.09	-0.02	-0.05
Levered Free Cash Flow	-5.41M	-9.83M	14.17M	-4.50M	-12.16M
Unlevered Free Cash Flow	-5.13M	-9.47M	14.54M	-4.14M	-11.85M
Operating Cash Flow Growth	—	—	—	—	—
Net Cash Flow	-1.08M	-1.65M	0.47M	3.14M	-1.96M