Return on assets of the largest enterprises of the real economy sector of St. Petersburg

ranking 20/02/2018

Information agency Credinform offers a ranking of the largest enterprises of the real economy sector of St. Petersburg. The companies with the largest volume of annual revenue (TOP-1000 and TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods from 2007 to 2016. Then (Table 1) they were ranked by the return on assets ratio. The analysis was made on the basis of the data of the Information and Analytical system Globas.

Return on assets (%) is calculated as the relation of the sum of net profit and interest payable to the total assets value of a company and shows how many monetary units of net profit gets every unit of total assets. The ratio characterizes the effectiveness of using by the company of all available resources and financial management. The higher is the ratio value, the more effective is business, that is the higher return per every monetary unit invested in assets.

Dynamics of this indicator should be considered. Its subsequent decrease points to the decline in the efficiency of the use of assets.

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, return on assets ratio, solvency index Globas of the largest enterprises of the real economy sector of St. Petersburg (TOP-10)
Name, INN, main type of activity Revenue, mln RUB Net profit, mln RUB Return on assets, % Solvency index Globas
2015 2016 2015 2016 2015 2016
PETRO LLC
INN 7834005168
Manufacture of tobacco products
47 274,7 64 882,8 10 653,1 12 515,8 34,97 26,48 199 High
Baltika Breweries LLC
INN 7802849641
Beer production
86 608,4 90 525,2 12 030,9 14 308,2 11,20 11,70 183 High
Gazprom Neft PJSC
INN 5504036333
Wholesale of solid, liquid and gaseous fuels
1 272 981,1 1 233 847,8 16 145,8 122 462,2 1,15 8,34 180 High
AGROTORG LLC
INN 7825706086
Other retail sale in non-specialized stores
228 908,6 481 713,4 499,0 10 567,9 0,34 5,42 212 Strong
ROSSIYA AIRLINES NJSC
INN 7810814522
Transportation by air passenger transport
38 754,5 73 189,0 817,7 904,5 6,91 4,56 197 High
LENENERGO PJSC
INN 7803002209
Transmission of electricity and technological connection to distribution networks
43 726,7 61 260,1 -5 916,5 7 561,3 -3,04 4,01 205 Strong
GAZPROM TRANSGAZ SAINT-PETERSBURG LLC
INN 7805018099
Gas transportation through pipelines
69 248,9 71 687,4 1 223,6 2 032,5 2,43 3,97 189 High
O`KEY LLC
INN 7826087713
Retail sale mainly of food products in non-specialized stores
170 598,6 180 587,1 448,0 2 152,2 0,71 3,03 215 Strong
LONG-DISTANCE AND INTERNATIONAL TELECOMMUNICATIONS ROSTELECOM PJSC
INN 7707049388
Activity in the field of communication on the basis of wire technologies
283 169,5 282 684,9 21 564,5 10 902,2 3,78 1,90 260 Medium
GAZPROM MEZHREGIONGAZ LLC
INN 5003021311
Wholesale of solid, liquid and gaseous fuels
853 476,4 884 803,2 -29 787,8 -31 359,5 -3,51 -3,61 215 Strong
Total by TOP-10 companies 3 094 747,4 3 425 180,7 27 678,4 152 047,4      
Average value by TOP-10 companies 309 474,7 342 518,1 2 767,8 15 204,7 5,50 6,58  
Average value by TOP-1000 companies 4 583,2 4 904,7 12,3 347,0 6,51 6,57  

The average value of the return on assets ratio of TOP-10 companies is above the average value of TOP-1000 enterprises. Seven from TOP-10 companies increased revenue and net profit indicators in 2016 in comparison with the year 2015. The enterprises, which decreased revenue, profit and return on assets indicators in comparison with the previous periods are marked with red filling in from 2nd up to 7th columns in Table 1.

Picture 1. Return on assets ratio and revenue of the largest enterprises of the real economy sector of St. Petersburg (TOP-10) Picture 1. Return on assets ratio and revenue of the largest enterprises of the real economy sector of St. Petersburg (TOP-10)

The industry average values of the return on assets ratio tended to increase over the past three years (Picture 2).

Picture 2. Change in the average industry values of the return on assets ratio of the largest enterprises of the real economy sector of St. Petersburg in 2014 – 2016 Picture 2. Change in the average industry values of the return on assets ratio of the largest enterprises of the real economy sector of St. Petersburg in 2014 – 2016

All TOP-10 companies got High or Strong/Medium solvency index Globas, that testifies to their ability to repay their debt obligations timely and fully.