Saudi Arabia Refineries Co.

Saudi Arabia Refineries Co. (2030) is a conglomerate based in Saudi Arabia, operating within the Industrials sector. The company is primarily involved in refining and related industrial activities, though its recent financials show minimal revenue generation, with zero revenue reported in the latest quarter (2026Q1). The company has a market capitalization of 663.90 million SAR and holds 9.04 million SAR in cash against negligible debt of 362,316 SAR. Its negative operating and profit margins indicate significant operational challenges, with an operating margin of -189.58% and a profit margin of -2826.32%.

The company's business model appears to be in transition, as revenue has declined sharply year-over-year (-100%). Revenue sources are unclear from recent data, with only sporadic income from quarters like 2025Q3 (883,320 SAR) and 2025Q2 (556,210 SAR). Net income has been volatile, swinging from losses of -38.10 million SAR in 2025Q4 to a profit of 5.72 million SAR in 2026Q1. The company's EV/EBITDA of -8.34 and negative EBITDA in some quarters suggest that core operations are not generating positive cash flow.

In the Industrials sector, specifically the Conglomerates industry, Saudi Arabia Refineries Co. competes with diversified industrial firms. Its positioning is weak given the negative profitability metrics and declining revenue. The company's price-to-book ratio of 2.33 indicates that the market values it at a premium to its book value, possibly due to expectations of a turnaround or asset values. However, the negative price-to-sales ratio (-16.92) reflects the lack of meaningful sales.

The company's target audience and geographic market are primarily within Saudi Arabia, given its listing on the Saudi Exchange. Customers likely include industrial clients in the refining and energy sectors, but the recent lack of revenue suggests limited commercial activity. The company may be undergoing restructuring or asset reallocation, as indicated by the sharp revenue drop and cash holdings relative to debt.

An auto-generated descriptive profile based on company data, for informational purposes only.