Article
150 000 financial accountings of large and medium-sized enterprises for 2015 are already contained in the System Globas-i®!

150 000 financial accountings of large and medium-sized enterprises for 2015 are already contained in the System Globas-i®!

Currently the accountings are under processing and will be available soon.

Today the Information system GLOBAS-i® contains data on over 10,7 mln companies in Russia and their financial history for the past 20 years, as well as information on over 12 mln individual entrepreneurs.

Ranking
Return on sales of the Russian real estate companies

Information agency Credinform prepared a ranking of Russian real estate companies.

The companies with the highest volume of revenue (TOP-10) were selected for the ranking according to the data from the Statistical Register for the latest available accounting period (for the year 2014). Then they were ranked by decrease in return on sales ratio (Table 1).

Return on sales (%) is the share of operating profit in the company's sales volume. Return on sales reflects the efficiency of industrial and commercial activity. The ratio shows how much money remains by an enterprise in the result of the sale of products after covering its costs, loans interest’s expense and payment of taxes.

Return on sales is an indicator of company’s ability to control costs. Differences in sales strategies and product lines involve a wide range of return on sales values. Therefore, at equal values of revenue, operating expenses and pre-tax profit in two different organizations the return on sales can vary greatly under the influence of the volume of interest payments on the net profit.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention not only to values of financial ratios, but also to all combination of financial and non-financial data.

Table 1. Net profit, revenue, return on sales and solvency index Globas-i of the real estate companies (TOP-10)
Name, INN, RegionNet profit for 2014, in mln RUBRevenue for 2014, in mln RUBRevenue for 2014, by 2013, %Return on sales, %Solvency index Globas-i
KASHIRSKY DVOR-SEVERYANIN NJSC
INN 7706199246 Moscow
-7 232,5 7 022,0 114 68,00 294 High
ZATONSKOE NJSC
INN 5024062326 Moscow region
798,5 3 702,6 157 36,70 204 High
FIRST MORTGAGE COMPANY - REGION NJSC
INN 7729118074 Moscow region
3 602,6 18 585,1 147 32,19 218 High
NDV-NEDVIZHIMOST DLYA VAS LLC
INN 7701288005 Moscow
14,2 1 208,2 128 16,70 175 The highest
MAGISTRAT LLC
INN 7703561700 Moscow
85,3 823,3 145 16,10 247 High
AGENTSTVO INVESTITSII V NEDVIZHIMOST LLC
INN 5902190905 Perm territory
250,9 4 088,9 153 13,46 199 The highest
MORTON-INVEST LLC
INN 7714611150 Moscow
117,4 9 296,6 183 3,29 203 High
JONES LANG LASALLE LLC
INN 7710257780 Moscow
283,3 1 203,4 93 1,63 236 High
ZINZIVER-2000 PJSC
INN 7706215018 Moscow
-688,1 34 831,2 200 0,01 272 High
CUSHMAN & WAKEFIELD LLC
INN 7705637585 Moscow
-118,7 1 218,8 105 -3,01 159 The highest

The company, leading in the industry in annual revenue for 2014 - ZINZIVER-2000 PJSC, takes the second-to-last place of the ranking. The enterprise showed the best revenue growth rate, and its share in the total revenue of TOP-10 made 42%.

The worst and a negative return on sales ratio in the TOP-10 belongs to CUSHMAN & WAKEFIELD LLC. Such result indicates that the cost of services is higher than the sales profit, the price is not high enough to cover all the costs, and the company's own assets are used inefficiently.

The best indicator was demonstrated by KASHIRSKY DVOR-SEVERYANIN NJSC. However, the same company showed also the largest loss at year-end 2014.

The average rate of return on sales amounted to 18,51% - in the group of TOP-10 companies, 14,69% - in the group of TOP-100 companies, by the industry average value of 6%.

Nine companies from the TOP-10 finished the year 2014 with positive dynamics of revenue. However, six companies have a decrease in net profit compared to the previous period. The same situation with revenue and net profit is observed in the group of TOP- 100 companies.

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, which risk of default is minimal.

Picture 1. Revenue and return on sales of the largest real estate companies (TOP-10)
Revenue and return on sales of the largest real estate companies (TOP-10)

The total amount of revenue of TOP-10 companies for 2014 amounted to 81,9 bln RUB, that is by 63% more than in 2013. In the group of TOP- 100 companies the revenue growth was 53% for the same period.

In general, the real estate industry shows a positive trend in revenue in recent years. This is evidenced by the information based on the data of the Federal State Statistics Service (Rosstat) (Picture 2).

Picture 2. Increase (decrease) of revenue from activities of real estate agencies from year to year, %
Increase (decrease) of revenue from activities of real estate agencies from year to year, %

At the same time, the indebtedness under received credits and loans of real estate agencies, according to the same data of Rosstat, is at a very high level and tends to increase (Picture 3).

Picture 3. Indebtedness under received credits and loans of real estate agencies, ths RUB
Indebtedness under received credits and loans of real estate agencies, ths RUB

The real-estate companies are inclined to the most developed regions and first of all to the major financial center of the country - Moscow. Thus, according to the Information and analytical system Globas-i, 100 the largest companies on revenue for 2014 are registered in 27 regions. Most of them are registered in the following regions (TOP-7 Regions):

RegionNumber of companies
Moscow 46
Saint-Petersburg 9
Moscow region 7
Novosibirsk region 5
Perm territory 4
Republic of Tatarstan 4
Krasnodar region 3