Equity turnover of the largest Russian enterprises of chemical sector

ranking 26/09/2018

Information agency Credinform offers a ranking of the largest Russian enterprises of chemical sector. 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 (2014 - 2017). Then they were ranked by equity turnover ratio (Table 1). The analysis is based on data of the Information and Analytical system Globas.

Equity turnover ratio (times) is calculated as a relation of revenue to annual average sum of equity and demonstrates the company’s usage rate of all available assets.
Equity turnover ratio reflects the turnover rate of own capital. The high value of this indicator shows the effectiveness of use of own funds. Accordingly, low ratio value shows inaction of the part of own funds.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all combination of indicators and financial ratios.

Table 1. Net profit, revenue, equity turnover ratio, solvency index Globas of the largest Russian enterprises of chemical sector (TOP-10)
Name, INN, region,
principal activity
Revenue,
bln RUB
Net profit (loss),
bln RUB
Equity turnover ratio,
times
Solvency index Globas
2016 2017 2016 2017 2016 2017
1 2 3 4 5 6 7 8
SOCIETE PAR ACTIONS FERMEE L`OREAL
INN 7726059896 Moscow
Manufacture of perfumes and cosmetics
up48.5 up50.3 up3.3 up7.6 down6.24 down4.75 118 High
LLC HENKEL RUS
INN 7702691545 Moscow
Manufacture of soap and detergents, cleaning and polishing agents; perfumery and cosmetics
up48.5 up50.3 down4.75 up7.6 down6.24 down4.75 167 High
JSC NEVINNOMYSSKY AZOT
INN 2631015563 Stavropol territory
Manufacture of fertilizers and nitrogen compounds
down42.8 down38.8 down11.6 down7.3 down4.52 down3.82 177 High
NOVOMOSKOVSK JSC AZOT
INN 7116000066 Tula region
Manufacture of fertilizers and nitrogen compounds
down43.4 up44.0 down12.6 down10.7 down4.14 down3.59 206 Strong
KAZAN JSC ORGANICHESKY SINTEZ
INN 1658008723 The Republic of Tatarstan
Manufacture of plastics and synthetic resins in primary forms
up75.4 down72.0 down18.2 down15.2 down1.82 down1.42 127 High
JSC ACRON
INN 5321029508 Novgorod region
Manufacture of fertilizers and nitrogen compounds
down50.2 up54.8 down11.1 down7.6 down1.71 up2.17 206 Strong
JSC NIZHNEKAMSKNEFTEKHIM
INN 1651000010 The Republic of Tatarstan
Manufacture synthetic rubber in primary forms
up153.4 up162.1 down25.1 down23.7 down1.54 down1.35 134 High
JSC URALKALI
INN 5911029807 Perm territory
Manufacture of fertilizers and nitrogen compounds
down131.3 up135.7 up66.3 down40.8 down0.97 down0.72 189 High
JSC TOGLIATTIAZOT
INN 6320004728 Samara region
Manufacture of fertilizers and nitrogen compounds
down44.3 down42.2 down1.3 down0.8 down0.65 down0.62 199 High
JSC UNITED CHEMICAL COMPANY URALCHEM
INN 7703647595 Moscow
Manufacture of fertilizers and nitrogen compounds
In process of reorganization in the form of merger of other legal entities since 13.07.2018
up59.9 up62.3 up42.1 down-13.7 down-0.97 down-1.09 273 Medium
Total for TOP-10 companies down713.0 up726.7 up196.5 down106.0    
Average industrial value for TOP -10 companies down71.3 up72.7 up19.7 down10.6 down2.63 down2.20
Average industrial value down0.4 n/a up0.07 n/a down2.19 n/a

Up — growth of indicator in comparison with prior period, Up — decline of indicator in comparison with prior period.

The average value of equity turnover ratio of TOP-10 companies is above the industry average. In 2017, only one company from TOP-10 list demonstrated the growth of the ratio.

Picture 1. Equity turnover ratio and revenue of the largest Russian enterprises of chemical sector (TOP-10) Picture 1. Equity turnover ratio and revenue of the largest Russian enterprises of chemical sector (TOP-10)

The industry average values of the equity turnover ratio have decreasing tendency over the past ten years (Picture 2).

Picture 2. Change in the average industry values of the equity turnover ratio of largest Russian enterprises of chemical sector (in 2007 – 2016) Picture 2. Change in the average industry values of the equity turnover ratio of largest Russian enterprises of chemical sector (in 2007 – 2016)