Solvency index GLOBAS-i® of enterprises of mining and manufacturing industries

ranking 17/01/2017

Information agency Credinform represents the ranking of the largest Russian enterprises of mining and manufacturing industries. The companies with the highest volume of revenue were selected for the ranking, according to the data from the Statistical Register for the latest available accounting period (for 2015 and 2014), which are involved in the industrial production of intermediate and end products (TOP-10), except for energy companies. Then they were ranked by the solvency index GLOBAS-i® (Table 1).

Solvency index GLOBAS-i® is an independent and comprehensive assessment of the creditworthiness and financial stability of a legal entity, has been developed by the Information agency Credinform in accordance with the world standards and takes into account the specifics of the Russian economy.

The index characterizes the company's ability to repay its long-term debts timely and fully and represents a credit rating for the determination of the default risk.

The index is used for a comprehensive assessment of the standing of a legal entity for decision-making to start or continue the cooperation with the counterparty. Assignment of the index is based on the integral index, which includes generally accepted factors of company’s solvency and financial stability.

The combination of indices of various enterprises makes possible to compare them and to evaluate the place and position in the market in comparison with indicators of direct competitors, partners and market leaders.

The index change occurs on the basis of getting of a new information, having impact on the change of the legal entity's solvency.

Table 1. Net profit, revenue, solvency index GLOBAS-i® of the Table of mining and manufacturing industries (TOP-10)
Name, INN, regionNet profit for 2015, mln RUBNet profit for 2015 by 2014, +/- %Revenue for 2015, mln RUBRevenue for 2015 by 2014, +/- %Solvency index GLOBAS-i® and its dynamics for 2017 by 2016 г., +/- points
JSC Tatneft
INN 1644003838 Republic of Tatarstan
85 008,7 4 462 962,1 18
144 The highest
33
Стрелка вверх
JSC GAZPROM
INN 7736050003 Moscow
403 522,8 114 4 334 293,5 9
147 The highest
45
Стрелка вверх
SURGUTNEFTEGAS JSC
INN 8602060555 Khanty - Mansiysk Autonomous District - Yugra
751 355,3 -16 978 204,5 13
151 The highest
23
Стрелка вверх
NOVATEK JSC
INN 6316031581 Yamalo-Nenets Autonomous District
84 103,1 101 412 703,5 29
161 The highest
44
Стрелка вверх
JSC SAMOTLORNEFTEGAZ
INN 8603089934 Khanty - Mansiysk Autonomous District - Yugra
63 620,2 19 373 241,6 16
167 The highest
12
Стрелка вверх
JSC Mining and Metallurgical Company NORILSK NICKEL
INN 8401005730 Krasnoyarsk territory
146 212,8 329 400 850,9 16
172 The highest
43
Стрелка вверх
LUKOIL-WEST SIBERIA LIMITED
INN 8608048498 Khanty - Mansiysk Autonomous District - Yugra
97 049,7 16 695 764,1 11
175 The highest
38
Стрелка вверх
JSC Gazprom Neft
INN 5504036333 Saint-Petersburg
16 145,8 14 1 272 981,1 2
189 The highest
32
Стрелка вверх
ROSNEFT OIL COMPANY
INN 7706107510 Moscow
239 413,3 -52 3 831 094,9 -11
206 High
17
Стрелка вверх
PJSOC Bashneft
INN 0274051582 Republic of Bashkortostan
52 306,5 -20 521 038,8 -10
210 High
-14
Стрелка вниз

All TOP-10 companies got the highest and high solvency index GLOBAS-i®, that points to their ability to repay their debt obligations timely and fully. However, only one company - PJSOC Bashneft – worsened the index indicator compared with the previous period.

Solvency index GLOBAS-i® and revenue of the largest Russian enterprises of mining and manufacturing industries (TOP-10)
Picture 1. Solvency index GLOBAS-i® and revenue of the largest Russian enterprises of mining and manufacturing industries (TOP-10)

The total revenue of the TOP-10 enterprises amounted to 13 283 135,0 mln RUB in 2015, that is by 2% more than in 2014. At the same time the total net profit decreased by 1% in the same group.

Three companies from the TOP-10 list (highlighted in red in Table 1) allowed a reduction of net income rate or decrease in revenue compared with the previous period.

In the group of the TOP-100 companies the total revenue amounted to 25 523 384,1 mln RUB for the same period and increased by 7%, with an increase in total net income by 9%.

From 100 the largest enterprises 41% are related to the mining industry and 59% - to the sphere of production, respectively. The ratio of profit and revenue between mining and manufacturing industries are shown in Table 2.

Table 2. Profit and revenue of enterprises of mining and manufacturing industries (TOP-100)
 Profit for 2015, mln RUBShare of profit in total sum of TOP-100, %Revenue for 2015, mln RUBShare of revenue in total sum of TOP-100, %
Mining 2 844 844,3 84 17 784 417,7 70
Manufacture 561 415,3 16 7 738 966,3 30

In the mining industry the largest number of enterprises is engaged in production of crude oil (Picture 2).

Amount and distribution of the largest enterprises of the mining industry by types of raw material
Picture 2. Amount and distribution of the largest enterprises of the mining industry by types of raw material

In the production sphere the highest number of companies is engaged in crude oil refining (Picture 3).

Amount and distribution of the largest enterprises of the manufacturing industry by types of output product
Picture 3. Amount and distribution of the largest enterprises of the manufacturing industry by types of output product

The largest enterprises of mining and manufacturing industries are distributed relatively evenly across the country, taking into account the specific nature of their activities. It is confirmed by the data of the Information and analytical system GLOBAS-i®, according to which 100 the largest companies in terms of revenue for 2015 are registered in 33 regions of Russia (Picture 4).

Distribution of 100 the largest enterprises of mining and manufacturing industries by regions of Russia
Picture 4. Distribution of 100 the largest enterprises of mining and manufacturing industries by regions of Russia