Assets turnover of the largest Russian bakery and confection producers

ranking 23/05/2018

Information agency Credinform prepared a ranking of the largest Russian bakery and confection producers. Companies with the highest volume of revenue (TOP-10) were selected for this ranking according to the data from the Statistical Register for the latest available periods (2016 and 2015). The enterprises were ranked by assets turnover ratio (Table 1). The analysis was based on data from the Information and Analytical system Globas.

Assets turnover is sales revenue to the average total assets for the period. This indicator is included in the group of activity ratios and shows the efficiency of all available resources despite of their source. The ratio indicates the number of profitable full cycles of production and turnover per year.

Taking into account the actual situation both in economy in general and in the sector, the experts of the Information agency Credinform have developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios, which can be recognized as normal for a particular industry. The practical value of assets turnover ratio for bakery and confection producers in 2016 is from 1,79 and from 1,38 times respectively.

For the most complete and objective view of the financial condition of the enterprise it is necessary to pay attention to the complex indicators and financial ratios of the company.

Table 1. Net profit, revenue, assets turnover ratio and solvency index Globas of the largest Russian bakery and confection producers (TOP-10)
Name, INN, region Revenue, mln RUB Net profit, mln RUB Assets turnover ratio, times Solvency index Globas
2015 2016 2015 2016 2015 2016
1 2 3 4 5 6 7 8
LLC FAZER
INN 7810356819
Saint-Petersburg
Production of bread and pastry
10 154 18  57 -300 812 1,77 3,11 175 Superior
JSC KARAVAY
INN 7830000360
Saint-Petersburg
Production of bread and pastry
8  600 8  947 98 -138 3,04 2,96 221 Strong
LLC KELLOGG RUS
INN 3661048688
Voronezh region
Production of rusks, cookies and other rusk bakery products; pastry, cakes, biscuits, pies and sponge-cakes of long shelf life
8 291 10 471 -1 394 -169 2,23 2,57 273 Medium
JSC KHLEBPROM
INN 7448027569
Chelyabinsk region
Production of rusks, cookies and other rusk bakery products; pastry, cakes, biscuits, pies and sponge-cakes of long shelf life
10 049 11 498 108 384 2,06 2,37 201 Strong
LLC MON'DELEZ RUS
INN 3321020710
Vladimir region
Production of chocolate and sugary confection
58 590 56 862 576 1 152 2,13 2,31 232 Strong
JSC FERRERO RUSSIA
INN 5044018861
Vladimir region
Production of chocolate and sugary confection
33 623 38 418 2 839 4 300 1,63 1,75 146 Superior
LLC BARRY CALLEBAUT NL RUSSIA
INN 5048014441
Moscow region
Production of cocoa, chocolate and sugary confection
6 437 6 952 1 012 908 1,83 1,55 176 High
LLC MARS
INN 5045016560
Moscow region
Production of chocolate and sugary confection
93 951 102 581 14 669 16 717 1,03 1,02 190 High
LLC KDV YASHKINO
INN 4246006730
Kemerovo region
Production of rusks, cookies and other rusk bakery products; pastry, cakes, biscuits, pies and sponge-cakes of long shelf life
9 698 10 089 159 30 1,00 0,90 253 Medium
PJSC BABAEVSKY CONFECTIONERY CONCERN
INN 7708029391
Moscow
Production of chocolate and sugary confection
9 853 9 535 719 245 0,68 0,67 200 Strong
Total for TOP-10 249 247 273 609 18 485 24 242      
Average value for TOP-10 companies 24 925 27 361 1 849 2 424 1,74 1,92  
Average value for confectionery production 846 881 47 52 1,31 1,38  
Average value for bakery production 75 78 1 2 1,80 1,79  

Average value of assets turnover ratio for TOP-10 is above the industry average. Compared to the previous period, two companies in TOP-10 have increased revenue and net profit figures (marked with green in columns 2 — 5 of Table 1). The rest of companies decreased revenue or net profit, or have losses (filled with red in columns 2 — 5 of Table 1).

Picture 1. Assets turnover and revenue of the largest Russian bakery and confection producers (TOP-10) Picture 1. Assets turnover and revenue of the largest Russian bakery and confection producers (TOP-10)

The average industry indicators of assets turnover ratio over the past 10 years have a trend to decrease (Picture 2).

Picture 2. Change in average industry values of assets turnover ratio of the largest Russian bakery and confection producers in 2007 — 2016 Picture 2. Change in average industry values of assets turnover ratio of the largest Russian bakery and confection producers in 2007 — 2016