S

Saudi Aramco Base Oil Company JSC
SAU:2223

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Saudi Aramco Base Oil Company JSC
SAU:2223
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Price: 129.6 SAR 3.02% Market Closed
Market Cap: ﷼14.5B

Net Margin

10.4%
Current
Declining
by 4%
vs 3-y average of 14.4%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
10.4%
=
Net Income
﷼953.7m
/
Revenue
﷼9.2B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
10.4%
=
Net Income
﷼953.7m
/
Revenue
﷼9.2B

Peer Comparison

Country Company Market Cap Net
Margin
SA
Saudi Aramco Base Oil Company JSC
SAU:2223
14.5B SAR
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
612T IDR
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CN
Hengli Petrochemical Co Ltd
SSE:600346
173B CNY
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US
Dow Inc
NYSE:DOW
23.3B USD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
139.7B CNY
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TW
Nan Ya Plastics Corp
TWSE:1303
624.9B TWD
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UK
LyondellBasell Industries NV
NYSE:LYB
18.5B USD
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KR
LG Chem Ltd
KRX:051910
25.4T KRW
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JP
Asahi Kasei Corp
TSE:3407
2.3T JPY
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Market Distribution

In line with most companies in Saudi Arabia
Percentile
56th
Based on 316 companies
56th percentile
10.4%
Low
-6 635.9% — 1.8%
Typical Range
1.8% — 15.1%
High
15.1% — 3 211.1%
Distribution Statistics
Saudi Arabia
Min -6 635.9%
30th Percentile 1.8%
Median 8.5%
70th Percentile 15.1%
Max 3 211.1%

Saudi Aramco Base Oil Company JSC
Glance View

Market Cap
14.5B SAR
Industry
Chemicals

In the heart of the oil-rich landscape of Saudi Arabia, the Saudi Aramco Base Oil Company JSC—or Luberef, as it is commonly known—operates as a key player in the global energy sector. This enterprise, a subsidiary of the petroleum powerhouse Saudi Aramco, epitomizes the transformation of crude oil into valuable base oils critical for the lubrication of machinery worldwide. Through a meticulous refining process, crude oil is distilled and purified into base oil stocks. These products are indispensable for manufacturing lubricants that minimize friction in engines and industrial equipment—essentially keeping the commercial and transportation sectors running smoothly. Luberef's operations are strategically spread across major facilities, with its Refinery in Yanbu and Jeddah representing state-of-the-art centers that elevate its production capabilities. Profit-generation for Luberef hinges on a finely-tuned strategy that combines efficient operations with the leverage of Aramco’s vast resources and international foothold. By focusing on producing a diverse range of high-quality base oils—ranging from Group I to Group II and III—the company addresses varying market needs, from automotive applications to more specialized industrial-grade lubricants. This enables Luberef to tap into a broad spectrum of economic and industrial activity, responding to the ever-growing demand in both emerging and developed markets. Furthermore, strategic partnerships and a robust distribution network enhance its global reach, allowing Luberef to convert its product outputs into substantial revenue streams. Through these concerted efforts, Luberef not only capitalizes on its intrinsic connection to one of the world's largest oil entities but also strengthens its position as a catalyst of industrial lubrication across the globe.

Intrinsic Value
109.29 SAR
Overvaluation 16%
Intrinsic Value
Price
S
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
10.4%
=
Net Income
﷼953.7m
/
Revenue
﷼9.2B
What is Saudi Aramco Base Oil Company JSC's current Net Margin?

The current Net Margin for Saudi Aramco Base Oil Company JSC is 10.4%, which is below its 3-year median of 14.4%.

How has Net Margin changed over time?

Over the last 3 years, Saudi Aramco Base Oil Company JSC’s Net Margin has decreased from 15.7% to 10.4%. During this period, it reached a low of 9.5% on Jun 30, 2025 and a high of 23.9% on Jun 30, 2023.

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