Ranking

Return on investment of the largest Russian sugar manufacturers

Information Agency Credinform has prepared the ranking of the largest sugar manufacturers.

Top-10 enterprises in terms of revenue were selected according to the data from the Statistical Register for the latest available period (for the year 2014). The enterprises were ranked by decrease in return on investment; besides, revenue trend data relative to previous period and solvency index GLOBAS-i® is also represented (see table 1).

Return on investment (%) is the ratio of net profit (loss) and net assets value. It shows how many monetary units the company used to obtain one monetary unit of net profit. In other words, the ratio demonstrates the return level from each ruble, received from the investment.

For the most full and fair opinion about the company’s financial situation, not only investment profitability level should be taken into account, but also the whole set of financial indicators and ratios.   

Table 1. Revenue, return on investment и solvency index GLOBAS-i® of the largest sugar manufacturers (Top-10)
NameRegionRevenue, mln RUB, 2014Revenue growth,%Return on investment,  %solvency index GLOBAS-i®
1 KRISTAL LLC
INN 6824004406
Tambov region 3 712,1 18,0 62,3 247 high
2 TK SUGAR LLC
INN 0411095062
Altai Republic 3 755,3 18,5 47,2 254 high
3 SAKHARNYI ZAVOD LENINGRADSKY OJSC
INN 2341006687
Krasnodar region 4 011,7 41,2 30,4 202 high
4 KOLPNYANSKY SUGAR FACTORY CJSC
INN 5711002822
Orel region 3 660,3 37,2 21,2 227 high
5 PRIMORSKIY SUGAR LLC
INN 2511005010
Primorski territory 3 211,6 98,5 18,9 266 high
6 OLKHOVATSKY SUGAR FACTORY OJSC
INN 3618003708
Voronezh region 3 910,3 67,9 14,0 224 high
7 SUGAR PLANT ZNAMENSKY OJSC
INN 6804000019
Tambov region 7 395,4 6,5 11,1 245 high
8 VALUYKISAKHAR OJSC
INN 3126000974
Belgorod region 7 360,2 37,8 7,6 207 high
9 ZAINSKIY SUGAR OJSC
INN 1647008721
Republic of Tatarstan 3 442,9 41,5 7,1 217 high
10 SUGAR PLANT DOBRINSKI OJSC
INN 4804000086
Lipetsk region 8 255,6 187,0 1,3 237 high
 
The highest return on investment among the largest sugar manufacturers has KRISTAL LLC (62,3%), the last place takes SUGAR PLANT DOBRINSKI OJSC with 1,3%.
 
revenue and return on investment of the largest sugar manufacturers
Picture 1. Revenue and return on investment of the largest sugar manufacturers (Top-10)
 
According to 2014 results, the annual revenue of the largest sugar manufacturers (Top-10), amounted to 48,7 bln RUB, that is 46% higher than total revenue in 2013. Almost all participants from the Top-10 list have two-digit revenue growth.
 
Despite the challenging macroeconomic environment, the condition of sugar industry can be described as stable with positive trend of development. Devaluation of the rouble, deterioration of the economic situation in Ukraine, including the expected duties on all products from this country since 1 January 2016, will oust the main supplier of imported sugar from the market.
 
In this regard, last available statistics data will be suitable: in January-November 2015 4489 thousand tons of white beet sugar were produced in Russia, that is 6,6% more than in 2014. Next year the capacity utilisation will stay the same or will increase.
 
According to independent assessment of Information Agency Credinform, participants from the Top-10 list have the highest and high solvency index, this fact shows the ability of leader market members to meet their obligations in time and fully; the risk of unfulfillment is low.