Equity turnover ratio of the TOP 10 companies of chemical industry in Kazan

ranking 10/08/2021

Information agency Credinform represents a ranking of the largest companies of chemical industry in Kazan. Companies engaged in production of chemicals and chemical products with the largest volume of annual revenue (TOP 10 and TOP 100) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2018 - 2020). They were ranked by the equity turnover ratio (Table 1). The selection and analysis were based on the data of the Information and Analytical system Globas.

Equity turnover (times) is the ratio of revenue to the average annual amount of equity capital; it shows the intensity of the enterprise's use of total available assets.

The ratio reflects the rate of turnover of equity capital. A high value of the ratio is indicative of the efficient use of own funds, and a low one is an indicator of the inaction of a part of own funds.

The experts of the Information Agency Credinform, taking into account the actual state of situation both in the economy in general and in the industries, have developed and implemented the calculation of practical values of financial ratios in the Information and Analytical system Globas that can be recognized as normal for a particular industry. For chemical industry enterprises, the practical values of the equity turnover ratio in 2020 ranged from 0 to 14,2 times.

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.

Table 1. Net profit, revenue, equity turnover ratio and solvency index Globas of the companies of chemical industry in Kazan (TOP 10)
Name, INN, activity Revenue, million RUB Net profit (loss), million RUB Equity turnover ratio, times Solvency index Globas
2019 2020 2019 2020 2019 2020
1 2 3 4 5 6 7 8
LLC PKF-UPAKOVKA
INN 1656060661
manufacture of other chemical products, not elsewhere classified
up93,2 up870,0 down0,1 up0,7 down61,16 up451,46 277 Medium
LLC POLIPAK
INN 1658026850
manufacture of plastics and synthetic resins in primary forms
down636,5 up667,5 up67,9 down65,7 up6,70 up7,76 230 Strong
LLC TIOKOM-GERMETIK
INN 1657145036
manufacture of paints, varnishes and similar coating materials, printing inks and mastics
down587,9 down564,1 up26,0 up36,6 down9,05 down6,49 225 Strong
LLC KAZAN LIGHT CHEMISTRY PLANT
INN 1659157333
manufacture of plastics and synthetic resins in primary forms
down434,6 up561,0 up31,2 up61,7 down5,71 down4,60 179 High
НАО NEFIS COSMETICS - KAZAN CHEMICAL PLANT NAMED AFTER M. VAKHITOV (SOAP AND CANDLE FACTORY NO. 1 FORMER KRESTOVNIKOVS)
INN 1653005126
manufacture of soap and detergents, cleaning and polishing products
up15 686,2 up18 899,1 up870,8 up1 569,2 up3,81 down3,54 225 Strong
LLC MASTER CHEMICALS
INN 1655142978
production of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms
up3 678,7 up4 249,2 up220,8 up852,1 up5,29 down3,52 187 High
JSC AROMAT
INN 1653008462
production of perfumery and cosmetics
down1 107,3 up1 261,2 down53,7 up72,1 down3,08 down2,98 198 High
LLC EGIDA+
INN 1656018691
manufacture of plastics and synthetic resins in primary forms
down7 152,5 down6 040,1 up884,3 down604,7 down3,41 down2,24 172 Superior
LLC TATKHIMPLAST
INN 1655217729
manufacture of plastics and synthetic resins in primary forms
up1 278,1 down1 124,9 up447,8 down37,8 down4,22 down2,07 235 Strong
KAZAN JSC ORGANIC SYNTHESIS
INN 1658008723
manufacture of plastics and synthetic resins in primary forms
down72 440,1 down62 793,1 down11 637,5 down8 606,7 down1,12 down0,98 175 High
Average value for TOP 10 down10 309,5 down9 703,0 down1 424,0 down1 190,7 down10,36 up48,57  
Average value for TOP 100 down1 092,4 down1 037,2 down144,6 down121,9 down35,64 down31,69  
Average industry value down381,6 up382,4 up56,4 down-2,8 down1,50 down1,27  

вверх growth of indicator to the previous period, вниз fall of indicator to the previous period

The industry average values of the equity turnover ratio of TOP 10 and TOP 100 are above the industry average ones and the practical values. However, only two companies of TOP 10 increased their figures in 2020 compared to 2019. In 2019, the growth was recorded for three companies.

In 2020, six companies included in TOP 10 gained revenue and/or net profit. In general, the industry average revenue climbed at 0,2%, an almost 6% decrease was recorded for TOP 10 and a 5% fall was recorded for TOP 50. The average profit of TOP 10 and TOP 100 fell 16%, and the fall for the industry at average was more than doubled.

Over the past five years, the industry average values of the equity turnover ratio have decreased constantly. The highest value was recorded in 2016 and the lowest one was in 2020 (Picture 1).

Picture 1. Change in the industry average values of the equity turnover ratio of the companies of chemical industry in 2016 - 2020 Picture 1. Change in the industry average values of the equity turnover ratio of the companies of chemical industry in 2016 - 2020