SABIC

OverviewSuggest Edit

SABIC is a manufacturing company that specializes in diversified chemicals. It is composed of four strategic business units: Petrochemicals, Specialties, Agri-Nutrients, and Metals. The company offers mono-ethylene glycol, MTBE, polycarbonate, polyetherimide, granular urea, methanol, polyethylene, polypropylene, polybutylene terephthalate, engineering plastics, and its compounding.

TypePublic
Founded1976
HQRiyadh, SAMap
Websitesabic.com
Employee Ratings3.8More

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)33,000
Revenue (FY, 2019)﷼139.7 B(-17%)
Share Price (Nov 2020)﷼96.4 (-1%)
Cybersecurity ratingBMore

Key People/Management at SABIC

Yousef Abdullah Al-Benyan

Yousef Abdullah Al-Benyan

Vice Chairman, CEO
Khalid Al-Garni

Khalid Al-Garni

Vice President - Global Finance
Abdulaziz Al-Oudan

Abdulaziz Al-Oudan

Executive Vice President Human Resources
Alan Leung

Alan Leung

President - Asia Pacific
Samir Al-Abdrabbuh

Samir Al-Abdrabbuh

Executive Vice President, Agri-Nutrients Business
Abdulrahman Al-Fageeh

Abdulrahman Al-Fageeh

Executive Vice President Petrochemicals
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SABIC Office Locations

SABIC has offices in Riyadh, Burkville, Columbus, Exton and in 79 other locations
Riyadh, SA (HQ)
PO Box 5101
Buenos Aires, AR
Piso 11, Ing Enrique Butty 240
Tortuguitas, AR
Descartes 3668
Camellia, AU
Suite 2, Level 4/1C Grand Ave
Wiener Neustadt, AT
Pottendorfer Str. 47
Genk, BE
Geleenlaan 35
Show all (88)

SABIC Financials and Metrics

SABIC Revenue

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SABIC's revenue was reported to be ﷼139.74 b in FY, 2019 which is a 17.4% decrease from the previous period.
SAR

Revenue (Q1, 2020)

30.8b

Gross profit (Q1, 2020)

5.7b

Gross profit margin (Q1, 2020), %

18.6%

Net income (Q1, 2020)

(676.3m)

EBIT (Q1, 2020)

476.2m

Market capitalization (19-Nov-2020)

289.2b

Closing stock price (19-Nov-2020)

96.4

Cash (31-Mar-2020)

38.7b

EV

300.6b
SABIC's current market capitalization is ﷼289.2 b.
Annual
SARFY, 2017FY, 2018FY, 2019

Revenue

149.8b169.1b139.7b

Revenue growth, %

13%(17%)

Cost of goods sold

99.8b111.5b104.2b

Gross profit

50.0b57.6b35.5b
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

41.9b43.3b43.7b37.4b35.9b33.7b30.8b

Cost of goods sold

27.6b27.4b28.8b26.0b25.8b24.1b25.1b

Gross profit

14.2b15.9b14.9b11.4b10.0b9.6b5.7b

Gross profit Margin, %

34%37%34%30%28%29%19%
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Annual
SARFY, 2017FY, 2018FY, 2019

Cash

59.0b42.6b38.3b

Accounts Receivable

22.6b21.8b18.3b

Prepaid Expenses

1.8b1.9b1.5b

Inventories

26.1b28.2b26.4b
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

60.0b58.3b36.8b43.0b39.8b33.3b38.7b

Accounts Receivable

25.3b25.0b25.7b22.3b21.9b19.8b17.3b

Inventories

25.7b26.6b28.3b27.0b27.6b27.7b25.2b

Current Assets

133.8b132.2b121.7b107.7b100.3b93.9b94.3b
show all
Annual
SARFY, 2017FY, 2018FY, 2019

Net Income

25.5b31.9b8.5b

Depreciation and Amortization

16.4b15.5b20.6b

Inventories

(3.7b)(2.1b)1.9b

Accounts Payable

1.7b(3.1b)(2.1b)
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

7.7b17.7b26.7b5.0b8.3b10.1b(676.3m)

Depreciation and Amortization

3.7b7.3b11.5b4.0b8.2b12.6b5.2b

Cash From Operating Activities

7.0b20.7b33.0b9.9b16.4b24.7b5.5b

Purchases of PP&E

(1.9b)(6.0b)(9.3b)(4.1b)(8.5b)(13.6b)(3.2b)
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SARFY, 2017

Revenue/Employee

4.4m

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
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SABIC Operating Metrics

FY, 2017FY, 2018FY, 2019

Production Volume, tons

71.20 m74.88 m72.58 m

Products Sold, tons

47.53 m48.41 m

Production Volume (Petrochemicals and Specialties), tons

61.34 m60.18 m

Products Sold (Petrochemicals and Specialties), tons

35.94 m37.12 m
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SABIC Acquisitions / Subsidiaries

Company NameDateDeal Size
Black Diamond StructuresJanuary 01, 2018
GE PlasticsMay 21, 2007$11.60 b
Al-Jubail Fertiliser Company
Al-Jubail Petrochemical Company
Arabian Industrial Fibers Company
Arabian Petrochemical Company
Black Diamonds Structures, LL
BV Snij-Unie HiFi
Eastern Petrochemical Company
Exatec, LLC
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SABIC Revenue Breakdown

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SABIC revenue breakdown by business segment: 7.7% from Hadeed, 5.1% from Agri-nutrients and 87.2% from Petrochemicals and Specialties

SABIC revenue breakdown by geographic segment: 10.6% from Others, 8.9% from Americas, 23.1% from Europe, 21.8% from Rest of Asia, 17.8% from China and 17.8% from Kingdom of Saudi Arabia

Human Capital Metrics

Source: www.sabic.com
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SABIC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
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SABIC Online and Social Media Presence

SABIC's Trends

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SABIC News and Updates

November 02, 2020

Mars, with SABIC and Huhtamaki, Introduces Recycled Content into Pet Food Packaging to Support a Circular Economy

HUHTAMÄKI OYJ PRESS RELEASE 2.11.2020 AT 15:30
October 28, 2020

Global Automotive Glazing Markets, 2020-2024 by Application & Vehicle Type - Key Players are SABIC, Covestro, Teijin, Webasto, and Trinseo

Dublin, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The "Automotive Glazing Market by Application (Sidelite, Backlite, Sunroof, Lighting, Rear Quarter Glass), Vehicle Type (Passenger Car, Light and Heavy Commercial, Off-Highway, Electric), and Region - Global Forecast to 2025" report has been added to Resea…
October 25, 2020

Saudi chemicals maker Sabic returns to profit as demand recovers

Sabic recorded third-quarter profit of $290m compared with $197m in the same period last year
October 19, 2020

Aramco, Sabic to reassess $20bn crude-to-chemicals project

Two companies have decided to re-evaluate scope of Yanbu project on the Red Sea coast
September 22, 2020

Sabic fast tracks thermoplastics orders for Mindray and Dirui to expedite rapid production of critical Covid 19 equipment

Lifesaving medical equipment, from ventilators and defibrillators to auto-chemistry analyzers, is essential in overcoming COVID-19. To meet urgent requests from global customers that manufacture these products, SABIC has taken extraordinary steps to expedite order fulfillment for its specialty therm…
September 03, 2020

Saudi Chemicals Giant Sabic Taps Bond Market for $1 Billion

Saudi Chemicals Giant Sabic Taps Bond Market for $1 Billion
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 SABIC Frequently Asked Questions

  • When was SABIC founded?

    SABIC was founded in 1976.

  • Who are SABIC key executives?

    SABIC's key executives are Yousef Abdullah Al-Benyan, Khalid Al-Garni and Abdulaziz Al-Oudan.

  • How many employees does SABIC have?

    SABIC has 33,000 employees.

  • What is SABIC revenue?

    Latest SABIC annual revenue is ﷼139.7 b.

  • What is SABIC revenue per employee?

    Latest SABIC revenue per employee is ﷼4.2 m.

  • Who are SABIC competitors?

    Competitors of SABIC include LyondellBasell, BP and Shell.

  • Where is SABIC headquarters?

    SABIC headquarters is located at PO Box 5101, Riyadh.

  • Where are SABIC offices?

    SABIC has offices in Riyadh, Burkville, Columbus, Exton and in 79 other locations.

  • How many offices does SABIC have?

    SABIC has 88 offices.