Product profitability of the largest energy producers in Russia

ranking 28/07/2016

Information agency Credinform presents the ranking of the largest energy producers in Russia on product profitability ratio.

The largest by revenue energy producers (TOP-10) for the last available in the open sources period (2015) were taken for the ranking. Further the companies were ranked in the descending order of product profitability value (Table 1).

Product profitability is calculated as a ratio of profit on sales to operational expenses. In the whole the profitability reflects the production efficiency. The analysis of product profitability allows making a conclusion on release usefulness of various products. There aren’t any recommended values for this group, due to the fact that they differ greatly depending on industry.

Table 1. Net profit, revenue, product profitability and solvency index Globas-i of energy producers (TOP-10)
Name, Tax number, RegionNet profit (loss) 2015, mln RUBRevenue 2015, mln RUB.Sales revenue 2015 to 2014,%Product profitability 2015, %Solvency index Globas-i
JSC FEDERAL HYDRO-GENERATING COMPANY – RUSHYDRO
Tax number 2460066195
Krasnoyarsk territory
30 022,0 107 099,0 99 67,42 207 High
JSC ENEL RUSSIA
Tax number 6671156423
Sverdlovsk region
-1 803,0 66 197,0 89 62,63 262 High
IRKUTSK JSC OF ENERGETICS AND ELECTRIFICATION
Tax number 3800000220
Irkutsk region
12 633,4 81 960,5 134 31,91 205 High
PJSC UNIPRO
Tax number 8602067092
Khanty-Mansiisk autonomous district - Yugra
15 545,7 78 618,8 98 29,60 165 Prime
JSC INTER RAO - ELECTRIC POWER PLANTS
Tax number 7704784450
Moscow
-3 306,6 149 129,3 101 14,76 267 High
MOSENERGO
Tax number 7705035012
Moscow
6 411,0 164 508,2 104 10,03 189 Prime
PJSC T PLUS
Tax number 6315376946
Moscow region
281,1 200 438,2 257 9,37 320 Satisfactory
RUSSIAN CONCERN FOR PRODUCTION OF ELECTRIC AND THERMAL ENERGY AT NUCLEAR POWER PLANTS JSC
Tax number 7721632827
Moscow
13 921,6 263 756,6 104 9,23 202 High
TERRITORIAL GENERATING COMPANY №1 JSC
Tax number 7841312071
Saint-Petersburg
2 676,1 65 183,6 100 8,64 217 High
JSC OGK-2
Tax number 2607018122
Stavropol territory
3 001,7 112 115,7 97 5,63 224 High

RUSSIAN CONCERN FOR PRODUCTION OF ELECTRIC AND THERMAL ENERGY AT NUCLEAR POWER PLANTS JSC received the largest revenue in the industry in 2015. This enterprise is placed on the seventh spot by product profitability. The company’s share in the total revenue volume of the TOP-10 companies amounted to a little more than 20%.

JSC FEDERAL HYDRO-GENERATING COMPANY – RUSHYDRO shows the largest product profitability as well as decrease of revenue and net profit in 2015 in comparison with the previous period.

Following the results of 2015, three more companies of the TOP-10 face the decrease of revenue. Decrease of net profit or loss was shown by five more enterprises.

In the whole nine companies of the TOP-10 were given the prime or high solvency index Globas-i by the complex of financial and non-financial indicators. It gives evidence to their ability to meet the debt obligations timely and in full.

PJSC T PLUS was given the satisfactory solvency index Globas-i, due to the information about company being a defendant in debt collection arbitration proceedings, as well as in arbitration cases of bankruptcy.

The average value of product profitability in the TOP-10 group in 2015 amounted to 24,92%, which is greater than the indicator of 2014 amounted to 19,79%.

Figure 1. Product profitability and sales revenue of energy producers (TOP-10)
Product profitability and sales revenue of energy producers (TOP-10)

The total revenue volume of the TOP-10 for 2015 amounted to 1 289 billion RUB, which is by 13% greater than the same indicator for 2014 whereas the total net profit for the same period decreased by 7%.

In the whole enterprises of the industry operate profitably. The industry shows the positive dynamic of energy production. According to the Federal State Statistics Service (Rosstat), 1 063 420, 72 mln kilowatt-hours of energy were produced in 2015. It gave Russia the possibility to take the forth place by this indicator, after China, the USA and India, according to Global Energy Statistical Yearbook © Enerdata. The dynamic of energy production in Russia, according to Rosstat, is represented in the Figure 2.

Figure 2. Energy production rates, % to the corresponding previous period
Energy production rates, % to the corresponding previous period