Information agency Credinform represents the ranking of the largest Russian publishing houses. Enterprises 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 and 2016). Then they were ranked by net profit ratio (Table 1). The analysis was made on the basis of the data of the Information and Analytical system Globas.
Net profit ratio (%) is calculated as a relation of net profit (loss) to sales revenue and characterizes the level of sales profit. There is no normative value for the indicator. It is recommended to compare enterprises of one industry, or change of the ratio in the course of time of a certain company. A negative value of the ratio indicates a net loss. A high value shows an efficient operation of an enterprise.
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 publishing houses the practical value of net profit made from 7,78% in 2016.
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.
|Name, INN, region||Revenue, mln RUB||Net profit, mln RUB||Net profit ratio, %||Solvency index Globas|
| IZDATELSTVO AST LLC
Participates as a defendant in arbitration proceedings, there are unclosed writs of execution.
|4 615,6||4 405,7||330,0||1 630,9||7,15||37,02||550 Insufficient|
| YAUZA-KATALOG LLC
|3 698,8||8 844,5||400,4||2 964,2||10,82||33,51||205 Strong|
| IZDATELSTVO PROSVESHCHENIE NJSC
|11 107,9||12 646,6||5 680,5||2 505,0||51,14||19,81||249 Strong|
| KOMMERSANT NJSC
|2 515,1||3 087,6||30,3||376,0||1,20||12,18||185 High|
| IZDATELSTVO E LLC
|7 231,4||9 001,8||717,3||663,3||9,92||7,37||161 Superior|
| IZDATELSTVO YAUZA LLC
|12 622,0||14 700,3||860,8||1 067,5||6,82||7,26||166 Superior|
| YAUZA-PRESS LLC
|13 469,1||17 472,5||815,2||1 167,6||6,05||6,68||169 Superior|
| PUBLISHING HOUSE KOMSOMOLSKAYA PRAVDA NJSC
|3 656,4||3 221,3||25,5||75,9||0,70||2,36||216 Strong|
| AKTION-PRESS LLC
|2 856,0||3 320,7||0,4||26,7||0,01||0,80||254 Medium|
| HEARST SHKULEV MEDIA LLC
|3 598,3||3 839,9||-10,8||-87,8||-0,30||-2,29||258 Medium|
|Total by TOP-10 companies||65 370,6||80 540,8||8 849,5||10 389,4|
|Average value by TOP-10 companies||6 537,1||8 054,1||885,0||1 038,9||9,35||12,47|
|Industry average value||19,8||22,5||-1,2||1,8||-6,11||7,78|
The average value of the net profit ratio of TOP-10 enterprises is much higher than the industry average. One company from the TOP-10 list increased revenue and net profit indicators in 2015 — 2016 compared to previous periods (marked with green filling in columns 2 — 5 of Table 1). Other companies decreased revenue or profit indicators or have a loss (marked with red filling in columns 2 — 5 of Table 1).
The industry average indicators of the net profit ratio were below the practical value of 2016 over the past 10 years, with a downward trend (Picture 2).
Information Agency Credinform has prepared the review of trends in activity of the largest companies of the real economy sector of Krasnodar region.
The largest enterprises (TOP-10 and TOP-1000) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2014 – 2016). The analysis was based on data of the Information and Analytical system Globas.
Indicator of real cost of corporate assets, which is annually calculated as the difference between assets of the company and its debt liabilities. If the company’s debts exceed net worth value, net assets indicator is considered negative (insufficiency of property).
|Position in ТОP-1000||Name, activity||Net asset value, bln RUB*||Solvency index Globas|
|1.|| NAO CHERNOMORSKIE MAGISTRALNYE NEFTEPROVODY
Oil and oil products transportation via pipelines
|2.|| NAO TANDER
|3.|| NAO CASPIAN PIPELINE CONSORTIUM-R
Oil transportation via pipelines
|4.|| PAO KUBAN POWER AND ELECTRIFICATION
Transmission of electricity and technological connection to power distribution networks
|5.|| NAO FIRMA AGROKOMPLEKS IM. N.I.TKACHEVA
|996.|| NAO KRASNAYA POLYANA
Hotels and similar accommodation
|997.|| NAO TEMPL INС
Renting and operating of own or leased untenanted real estate
Process of being wound up, 26.04.2017
|998.|| LLC InvestGroup-Hotel
Hotels and similar accommodation
|999.|| LLC University Plaza
Real estate management on a fee or contract basis
|1000.|| LLC YUG-NOVYI VEK
Investment in authorized capital, venture capital investment
*) – growth/decline indicators in comparison with prior period are marked green and red in columns 4 and 5 respectively.
In 2016 total revenue of 10 largest companies amounted to 45% from TOP-1000 total revenue (Picture 2).
The increase in sales revenue is observed (Picture 3).
Profit and loss
In 2016, profit of 10 largest companies amounted to 60% from TOP-1000 total profit (Picture 4).
For the three-year period, the average revenue values of TOP-1000 companies show the growing tendency and the average net loss decreases (Picture 5).
Main financial ratios
For – 2016 period the average values of current liquidity ratio of TOP-1000 were higher than recommended values – from 1,0 to 2,0 with the growing tendency (Picture 6).
Current liquidity ratio (ratio of total working capital to short-term liabilities) shows the sufficiency of company’s assets to meet short-term obligations.
For the three-year period, the increasing tendency of ROI ratio is observed (Picture 7). The ROI ratio is calculated as a ratio of net profit to sum of stockholder equity and long-term liabilities and shows the return from equity involved in commercial activities and long-term borrowed funds.
Assets turnover ratio is the ratio of sales revenue and company’s average total assets for a period. It characterizes the effectiveness of using of all available resources, regardless the source of their attraction. The ratio shows how many times per year the full cycle of production and circulation is performed, generating the corresponding effect in the form of profit.
For the three-year period, this business activity ratio demonstrated the downward trend (Picture 8).
Production and services structure
The largest share in TOP-1000 total revenue take companies engaged in trade and production of petroleum products (Picture 9).
48% of TOP-1000 companies are registered in the Register of Small and Medium-Sized Business Entities of Federal Tax Service of the Russian Federation, among them 25% have status of medium-sized enterprises, 23% are classified as small enterprises.
Financial position score
The assessment of company’s financial position shows that more than a half of companies have stable or above average financial position (Picture 10).
Solvency index Globas
The majority of TOP-1000 companies have superior/high or strong/medium solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 11).
Hereby, the complex assessment of the largest real economy companies of Krasnodar region, taking into account main indexes, financial ratios and indicators, demonstrates the denomination of favorable trends.