Equity turnover of the 10 largest Russian enterprises engaged in processing and preserving of fish and seafood
Information agency Credinform represents a ranking of the largest Russian enterprises engaged in processing and preserving fish and seafood. The companies with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (2015 - 2017). They were ranked by equity turnover ratio (Table 1). The analysis was based on the data of the Information and Analytical System Globas.
The ratio indicates the rate of equity turnover. High value speaks about effective equity management, and the low one is indicative of some equity idleness.
The experts of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in the sectors, has developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For fish processing companies, the practical value of equity turnover ratio is from 3,74 times in 2017.
For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Equity turnover, times||Solvency index Globas|
|TORGOVY DOM BALTIISKIY BEREG COMPANY LIMITED
INN 7804500052 Saint Petersburg
|LLC RUSSIAN FISH WORLD
INN 5074018058 Moscow
INN 4100000530 Kamchatka territory
In process of reorganization by spin-off since 11.06.2019
|JSC FISH PROCESSING PLANT №1
INN 7805024462 Saint Petersburg
|LLC VICHUNAI RUS
INN 3911008930 Kaliningrad region
|JSC INDUSTRIAL AND BUSINESS ENTERPRISE MERIDIAN
INN 7713016180 Moscow
|FGUP ARKHANGELSKOE AT THE FEDERAL PENITENTIARY SERVICE
INN 3621005430 Saint Petersburg
In process of reorganization in the form of transformation since 21.05.2018
INN 4109002780 Kamchatka territory
|JSC OZERNOVSKY FISH CANNING PLANT №55
INN 4108003484 Kamchatka territory
|JSC RUSSIAN SEA
INN 5031033020 Moscow region
|Total for TOP-10 companies||58587||66136||8526||5537|
|Average value for TOP-10 companies||5859||6614||853||554||12,01||25,26|
|Industry average value||127||129||14||12||6,43||3,74|
— growth of indicator to the previous period, — decrease of indicator to the previous period.
The average indicator of equity turnover ratio of TOP-10 companies is above the industry average and practical values. In 2017, three companies of TOP-10 increased their figures.
Over the past 10 years, the values of equity turnover ratio have a trend to decrease (Picture 2).