Return on assets of the largest Russian bus companies

ranking 31/10/2018

Information agency Credinform represents the ranking of the largest Russian bus companies. Vehicle 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 (for 2015 - 2017). Then they were ranked by return on assets ratio (Table 1). The analysis was made on the basis of the data of the Information and Analytical system Globas.

Return on assets (%) is the relation of the sum of net profit and interest payable to the total assets value of a company. It 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 own resources and its financial management. That is why the higher is the ratio value, the more effective is business, that is the higher return per every monetary unit invested in assets.

The experts of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in the sectors, has developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For bus companies the practical value of the return on assets ratio is from -4,46.

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 Russian bus companies (TOP-10)
Name, INN, region Revenue, mln RUB Net profit (loss), mln RUB Retun on assets, % Solvency index Globas
2016 2017 2016 2017 2016 2017
1 2 3 4 5 6 7 8
NOVOVORONEZHSKAYA AES-AVTO LLC
INN 3651008478 Voronezh region
up485,6 up897,3 down19,8 up68,1 down3,42 up10,15 208 Strong
IZHEVSKOE PROIZVODSTVENNOE OBYEDINENIE PASSAZHIRSKOGO AVTOTRANSPORTA NJSC
INN 1833046700 Udmurtian Republic
up1648,2 down1612,3 up-19,1 up31,1 down-2,35 up3,00 243 Strong
TRETII PARK NJSC
INN 7814010096 St. Petersburg
up4020,0 up4485,1 up57,7 down16,9 up3,36 down1,07 210 Strong
GUPSRF SAINT-PETERSBURGSKOE GUP PASSAZHIRSKOGO AVTOMOBILNOGO TRANSPORTA
INN 7830001758 St. Petersburg
up11683,6 up12914,7 up239,9 down1,1 up2,00 down0,01 202 Strong
GUPSRF PASSAZHIRSKOGO AVTOMOBILNOGO TRANSPORTA MOSKOVSKOI OBLASTI MOSTRANSAVTO
INN 5000000017 Moscow region
up20708,0 up21177,4 up-2227,2 up-1398,9 up-8,42 up-5,70 258 Medium
MUUP GORODA KAZANI PASSAZHIRSKOE AVTOTRANSPORTNOE PREDPRIYATIE №4
INN 1658007039 Republic of Tatarstan
up1106,6 up1138,2 up0,2 down-11,3 up0,12 down-6,92 272 Medium
MUUP GORODA SOCHI SOCHIAVTOTRANS
INN 2320051015 Krasnodar territory
up784,8 up939,1 up-304,9 up-149,8 up-16,76 up-8,63 311 Adequate
MUUP EKATERINBURGSKOE MUP NITSIPALNOE MUNITSIPALNOE OBYEDINENIE AVTOBUSNYKH PREDPRIYATII
INN 6659001670 Sverlovsk region
In process of reorganization in the form of accession, 04.09.2018
up944,1 up1059,0 down-199,7 up-68,6 down-37,46 up-16,25 600 Insufficient
VOLGOGRADSKII AVTOBUSNYI PARK LLC
INN 4719024079 Volgograd region
up0,3 up856,5 down-12,3 up-67,9 down-12,93 down-33,15 292 Medium
MUUP GORODA NIZHNEGO NOVGORODA NIZHEGORODSKII PASSAZHIRSKII AVTOMOBILNYI TRANSPORT
INN 5260000192 Nizhny Novgorod region
down1417,5 down1388,9 down-200,7 up-139,1 up-52,58 up-35,02 291 Medium
Total by TOP-10 companies up42798,7 up46468,3 up-2646,3 up-1718,4    
Average value by TOP-10 companies up4279,9 up4646,8 up-264,6 up-171,8 down-12,16 up-9,15
Industry average value up63,9 up64,4 down-3,3 up-2,3 up-6,09 up-4,46

Up — improvement of the indicator to the previous period, Up — decline in the indicator to the previous period.

The average value of the return on assets ratio of TOP-10 enterprises is worse than the industry average. Six companies from the TOP-10 list showed an improvement of the indicator in 2017 compared to the previous period.

Picture 1. Return on assets ratio and revenue of the largest Russian bus companies (TOP-10) Picture 1. Return on assets ratio and revenue of the largest Russian bus companies (TOP-10)

The industry average indicators of the return on assets ratio have a downward trend over the course of 10 years (Picture 2).

Picture 2. Change in the industry average values of the return an assets ratio of Russian bus companies in 2008 – 2017 Picture 2. Change in the industry average values of the return an assets ratio of Russian bus companies in 2008 – 2017