Fundamental analysis of Sashahed / Sharp decline in income generation of Shahed Investment Company – Tejaratnews

The financial statements of Shahid Investment Company show that the company could not build a good portfolio during its 9-month period and did not earn income from the sale of real estate investments. This caused the company’s income to decrease drastically and Sashahed was led to the swamp of losses.

According to Tejarat News, the performance report of Shahid Investment Company in the 9-month period ending March 1401, which was published on the Kodal website, shows that the company faced a sharp drop in revenue generation in this period compared to the same period in 1400, and this made the company loss-making. .

As can be seen in the graph of the company’s income generation, the company was able to increase its total income in 1999 due to the good growth of the stock market and the good reports of the listed companies and their profitability, as well as the good income of the company in the field of housing. However, since 1400, the company’s income generation started to decline due to the stock market crash and housing market stagnation, and this decrease reached 1401. So that in 9 months of 1400, the total income of the company dropped by more than 68% and reached 124 billion tomans.

But the drop in the company’s total income in 9 months of 1401 was more noticeable and reached only eight billion Tomans with a 93% drop.

The majority of the company’s income includes the profit from the sale of investment in the housing sector, which, following its decrease, the company’s total income has also decreased in the last two periods. Contrary to the decrease in the company’s income during this period, the expenses of Sashahed not only did not decrease, but faced a growth of 4%.

Sashahed losses

The drop of more than 93% in Sashahed’s income in 9 months of 1401 along with the increase in the company’s expenses caused Shahed’s investment to face a loss of eight billion tomans in this period. The loss that shows, the company does not recognize profit per share in this period. Because according to the financial statements of the company, Sashahid suffered a loss of 20 rials per share in 9 months of 1401.

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