SSP

Saudi Steel Pipe Co.

1320StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	234.24M	176.22M	209.17M	79.33M	99.37M
Cash & Short-Term Investments	234.24M	176.22M	209.17M	79.33M	99.37M
Receivables	237.32M	329.49M	106.87M	111.80M	128.80M
Inventory	408.15M	453.04M	639.19M	254.31M	118.23M
Current Assets	893.54M	976.53M	963.84M	448.37M	349.04M
PP&E	0.82B	1.03B	1.07B	0.46B	0.50B
Intangible Assets	5.24M	4.12M	0.09M	0.15M	1.99M
Total Assets	1.73B	2.02B	2.04B	1.04B	0.97B
Liabilities
Accounts Payable	110.57M	165.42M	276.09M	148.70M	138.76M
Current Liabilities	512.74M	824.48M	927.91M	324.30M	367.60M
Long-Term Debt	—	42.83M	142.28M	99.34M	44.48M
Short-Term Debt	233.24M	377.61M	204.80M	—	59.45M
Total Debt	280.10M	549.17M	538.72M	228.70M	234.19M
Total Liabilities	0.56B	0.91B	1.15B	0.49B	0.48B
Equity & Ownership
Retained Earnings	360.40M	368.51M	225.38M	52.33M	-1.88M
Total Equity	1.16B	1.10B	0.89B	0.55B	0.50B
Net Debt	45.86M	372.96M	329.56M	149.36M	134.82M
Shares Outstanding	50,542,311	50,542,311	50,542,311	50,542,311	50,542,311
Cash & Assets
Total Assets	1.73B	2.02B	2.04B	1.04B	0.97B
Total Current Assets	893.54M	976.53M	963.84M	448.37M	349.04M
Cash & Equivalents	234.24M	176.22M	209.17M	79.33M	99.37M
Cash & Short-Term Investments	234.24M	176.22M	209.17M	79.33M	99.37M
Net Cash (Debt)	-45.86M	-372.96M	-329.56M	-149.36M	-134.82M
Net Cash Per Share	-0.90	-7.31	-6.46	-2.93	-2.67
Cash Growth	+32.9%	-15.8%	+163.7%	-20.2%	-33.3%
Accounts Receivable	230.33M	315.37M	89.65M	100.50M	127.05M
Other Receivables	6.51M	13.50M	16.60M	11.30M	1.75M
Receivables	237.32M	329.49M	106.87M	111.80M	128.80M
Inventory	408.15M	453.04M	639.19M	254.31M	118.23M
Prepaid Expenses	13.82M	17.78M	8.62M	2.93M	2.65M
Construction In Progress	3.95M	2.21M	235.05M	—	0.65M
Land	6.15M	164.00M	164.00M	157.85M	157.85M
Buildings	447.79M	439.32M	417.72M	207.67M	207.88M
Machinery	1.32B	1.30B	1.06B	0.61B	0.61B
Property, Plant & Equipment	0.82B	1.03B	1.07B	0.46B	0.50B
Other Intangible Assets	5.24M	4.12M	0.09M	0.15M	1.99M
Long-Term Deferred Tax Assets	4.68M	6.87M	11.71M	12.86M	13.70M
Long-Term Leases	7.23M	6.39M	7.92M	4.33M	5.19M
Current Portion of Leases	4.68M	3.84M	2.34M	1.07M	1.66M
Loans & Investments
Long-Term Investments	—	—	—	114.14M	104.97M
Liabilities & Obligations
Total Liabilities	0.56B	0.91B	1.15B	0.49B	0.48B
Total Liabilities & Equity	1.73B	2.02B	2.04B	1.04B	0.97B
Total Current Liabilities	512.74M	824.48M	927.91M	324.30M	367.60M
Accounts Payable	110.57M	165.42M	276.09M	148.70M	138.76M
Accrued Expenses	55.65M	51.85M	55.85M	32.99M	22.89M
Current Income Taxes Payable	11.98M	9.08M	20.03M	9.19M	2.16M
Other Current Liabilities	61.67M	98.18M	187.41M	8.39M	19.26M
Pension & Post-Retirement Benefits	44.86M	39.47M	42.49M	29.96M	29.54M
Other Long-Term Liabilities	—	—	30.00M	30.00M	30.00M
Debt & Funding
Long-Term Debt	—	42.83M	142.28M	99.34M	44.48M
Short-Term Debt	233.24M	377.61M	204.80M	—	59.45M
Total Debt	280.10M	549.17M	538.72M	228.70M	234.19M
Current Portion of Long-Term Debt	34.96M	118.50M	181.39M	123.97M	123.42M
Equity & Book Value
Shareholders' Equity	1.16B	1.10B	0.89B	0.55B	0.50B
Total Common Equity	852.75M	862.45M	721.87M	550.52M	495.20M
Common Stock	510.00M	510.00M	510.00M	510.00M	510.00M
Additional Paid-In Capital	4.51M	4.51M	4.51M	4.51M	4.51M
Retained Earnings	360.40M	368.51M	225.38M	52.33M	-1.88M
Treasury Stock	-11.50M	-11.50M	-11.50M	-11.50M	-11.50M
Comprehensive Income & Other	-10.67M	-9.07M	-6.52M	-4.82M	-5.93M
Minority Interest	311.80M	240.62M	172.00M	—	—
Book Value Per Share	16.87	17.06	14.28	10.89	9.80
Tangible Book Value	847.51M	858.34M	721.78M	550.37M	493.21M
Tangible Book Value Per Share	16.77	16.98	14.28	10.89	9.76
Filing Date Shares Outstanding	50.54M	50.54M	50.54M	50.54M	50.54M
Total Common Shares Outstanding	50.54M	50.54M	50.54M	50.54M	50.54M
Working Capital	380.80M	152.05M	35.92M	124.08M	-18.55M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	234.24M	176.22M	209.17M	79.33M	99.37M
Cash & Short-Term Investments	234.24M	176.22M	209.17M	79.33M	99.37M
Receivables	237.32M	329.49M	106.87M	111.80M	128.80M
Inventory	408.15M	453.04M	639.19M	254.31M	118.23M
Current Assets	893.54M	976.53M	963.84M	448.37M	349.04M
PP&E	0.82B	1.03B	1.07B	0.46B	0.50B
Intangible Assets	5.24M	4.12M	0.09M	0.15M	1.99M
Total Assets	1.73B	2.02B	2.04B	1.04B	0.97B
Liabilities
Accounts Payable	110.57M	165.42M	276.09M	148.70M	138.76M
Current Liabilities	512.74M	824.48M	927.91M	324.30M	367.60M
Long-Term Debt	—	42.83M	142.28M	99.34M	44.48M
Short-Term Debt	233.24M	377.61M	204.80M	—	59.45M
Total Debt	280.10M	549.17M	538.72M	228.70M	234.19M
Total Liabilities	0.56B	0.91B	1.15B	0.49B	0.48B
Equity & Ownership
Retained Earnings	360.40M	368.51M	225.38M	52.33M	-1.88M
Total Equity	1.16B	1.10B	0.89B	0.55B	0.50B
Net Debt	45.86M	372.96M	329.56M	149.36M	134.82M
Shares Outstanding	50,542,311	50,542,311	50,542,311	50,542,311	50,542,311
Cash & Assets
Total Assets	1.73B	2.02B	2.04B	1.04B	0.97B
Total Current Assets	893.54M	976.53M	963.84M	448.37M	349.04M
Cash & Equivalents	234.24M	176.22M	209.17M	79.33M	99.37M
Cash & Short-Term Investments	234.24M	176.22M	209.17M	79.33M	99.37M
Net Cash (Debt)	-45.86M	-372.96M	-329.56M	-149.36M	-134.82M
Net Cash Per Share	-0.90	-7.31	-6.46	-2.93	-2.67
Cash Growth	+32.9%	-15.8%	+163.7%	-20.2%	-33.3%
Accounts Receivable	230.33M	315.37M	89.65M	100.50M	127.05M
Other Receivables	6.51M	13.50M	16.60M	11.30M	1.75M
Receivables	237.32M	329.49M	106.87M	111.80M	128.80M
Inventory	408.15M	453.04M	639.19M	254.31M	118.23M
Prepaid Expenses	13.82M	17.78M	8.62M	2.93M	2.65M
Construction In Progress	3.95M	2.21M	235.05M	—	0.65M
Land	6.15M	164.00M	164.00M	157.85M	157.85M
Buildings	447.79M	439.32M	417.72M	207.67M	207.88M
Machinery	1.32B	1.30B	1.06B	0.61B	0.61B
Property, Plant & Equipment	0.82B	1.03B	1.07B	0.46B	0.50B
Other Intangible Assets	5.24M	4.12M	0.09M	0.15M	1.99M
Long-Term Deferred Tax Assets	4.68M	6.87M	11.71M	12.86M	13.70M
Long-Term Leases	7.23M	6.39M	7.92M	4.33M	5.19M
Current Portion of Leases	4.68M	3.84M	2.34M	1.07M	1.66M
Loans & Investments
Long-Term Investments	—	—	—	114.14M	104.97M
Liabilities & Obligations
Total Liabilities	0.56B	0.91B	1.15B	0.49B	0.48B
Total Liabilities & Equity	1.73B	2.02B	2.04B	1.04B	0.97B
Total Current Liabilities	512.74M	824.48M	927.91M	324.30M	367.60M
Accounts Payable	110.57M	165.42M	276.09M	148.70M	138.76M
Accrued Expenses	55.65M	51.85M	55.85M	32.99M	22.89M
Current Income Taxes Payable	11.98M	9.08M	20.03M	9.19M	2.16M
Other Current Liabilities	61.67M	98.18M	187.41M	8.39M	19.26M
Pension & Post-Retirement Benefits	44.86M	39.47M	42.49M	29.96M	29.54M
Other Long-Term Liabilities	—	—	30.00M	30.00M	30.00M
Debt & Funding
Long-Term Debt	—	42.83M	142.28M	99.34M	44.48M
Short-Term Debt	233.24M	377.61M	204.80M	—	59.45M
Total Debt	280.10M	549.17M	538.72M	228.70M	234.19M
Current Portion of Long-Term Debt	34.96M	118.50M	181.39M	123.97M	123.42M
Equity & Book Value
Shareholders' Equity	1.16B	1.10B	0.89B	0.55B	0.50B
Total Common Equity	852.75M	862.45M	721.87M	550.52M	495.20M
Common Stock	510.00M	510.00M	510.00M	510.00M	510.00M
Additional Paid-In Capital	4.51M	4.51M	4.51M	4.51M	4.51M
Retained Earnings	360.40M	368.51M	225.38M	52.33M	-1.88M
Treasury Stock	-11.50M	-11.50M	-11.50M	-11.50M	-11.50M
Comprehensive Income & Other	-10.67M	-9.07M	-6.52M	-4.82M	-5.93M
Minority Interest	311.80M	240.62M	172.00M	—	—
Book Value Per Share	16.87	17.06	14.28	10.89	9.80
Tangible Book Value	847.51M	858.34M	721.78M	550.37M	493.21M
Tangible Book Value Per Share	16.77	16.98	14.28	10.89	9.76
Filing Date Shares Outstanding	50.54M	50.54M	50.54M	50.54M	50.54M
Total Common Shares Outstanding	50.54M	50.54M	50.54M	50.54M	50.54M
Working Capital	380.80M	152.05M	35.92M	124.08M	-18.55M