Saudi Cable Co.

Saudi Cable Company (SCC), listed on the Saudi Exchange under ticker 2110, is a leading manufacturer of electrical cables and wires in the Kingdom of Saudi Arabia. The company produces a wide range of products including low, medium, and high voltage power cables, overhead transmission lines, building wires, and specialty cables for industrial and telecommunications applications. SCC also offers related services such as cable installation, testing, and maintenance, catering to both public and private sector projects.

SCC generates revenue primarily from the sale of electrical cables and wires to various end-users. Its business model is project-driven, with significant revenue coming from large infrastructure, construction, and energy projects. The company also supplies cables to distributors and retailers for smaller-scale installations. Recent financial data shows declining revenues and negative gross margins, indicating operational challenges. The company has a high debt-to-cash ratio, with debt of 104.29M SAR versus cash of 21.67M SAR.

SCC operates in the Electrical Equipment & Parts industry within the Industrials sector. It competes with other local and regional cable manufacturers, such as Riyadh Cables and Al Fanar, as well as international players. The company's market cap is 994.26M SAR, but its negative book value and negative EV/EBITDA suggest financial distress. Its profit margin of 133.37% is unusually high, likely due to one-time gains or accounting adjustments, while operating margin is deeply negative at -62.62%.

SCC's primary customers are in the construction, oil & gas, power generation, and telecommunications sectors. The company serves both government entities (e.g., Saudi Electricity Company, Aramco) and private contractors. Its main geographic market is Saudi Arabia, with limited exports to neighboring Gulf countries. The company's target audience includes project developers, EPC contractors, and industrial facilities requiring reliable cabling solutions.

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