Fundamental analysis of Boali symbol – Tejaratnews

According to Tejarat News, the review of Boali’s production and sales reports shows that the company’s production has increased by 20% in the first 6 months of this year. Also, the sales amount of this company reached 24 thousand 177 billion Tomans with an increase of 137%.

Let’s get to know more about Bo Ali

Bo Ali Sina Petrochemical Company was established as the third aromatic company in April 1977 in Khuzestan province. In addition, the shares of this company with the symbol “Buali” were offered in Tehran Stock Exchange in December 2019 at a price of 4 thousand 143 Tomans.

It should be noted that the capital of this company was 350 billion tomans at the time of its launch, which reached 1,435 billion tomans after a 310% capital increase in October of this year from the excess revaluation of assets.

Currently, Boali is traded with a market value of about 38 thousand 70 billion tomans in the group of chemical products.

What companies are the shareholders of Boali?

Persian Gulf Petrochemical Industries Company is the largest major shareholder of Bo Ali Sina Petrochemical Company with a value of 21 thousand and 93 billion Tomans.

4.83 percent of this company’s shares are owned by the Persian Gulf Investment Fund.

It should be noted that the approximate value of this amount is 1,785 billion tomans. 38% of the company’s shares are also owned by small shareholders.

Bu Ali compared to the total index

As shown in the table below, Bo Ali’s share has had a positive return in all its time periods. So that in the last one month, the shares of Bo Ali Sina Petrochemical Company increased by more than 12%.

Meanwhile, the average chemical products group has grown by 7%.

Also, in the annual period, the shares of this company have recorded an increase of 65%, which is considered a good performance compared to the total index and the average of its group.

The upward trend of Boali’s profitability

Checking the annual financial statements of this company on the site Kodal It shows that the net profit of Boali has always increased in the last four years.

For example, at the end of 1400, this company was able to make a 69% jump in its profit and increase this figure from 2,158 billion tomans in 2019 to 3,646 billion tomans.

Also, the accumulated profit of this company increased by 79% in 1400 and reached 3,868 billion tomans.

Bo Ali’s 6-month financial statements also report a 114% increase in the company’s operating profit in the first half of this year.

The net profit of this company has also increased by 84% compared to the 6 months of 2014. Also, in this period, this company managed to recognize a profit of 1,670 Tomans per share.