Metalworking companies in Yekaterinburg

Information agency Credinform has prepared a ranking of metalworking enterprises in Yekaterinburg. Companies engaged in manufacture of fabricated metal products (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018 - 2020). Then the companies were ranged by product profitability ratio (Table 1). The selection and analysis of companies were based on the data from the Information and Analytical system Globas.

Product profitability (%) is calculated as the ratio of sales profit to expenses for ordinary activities.

Profitability reflects the economic efficiency of production. Analysis of the product profitability provides us with the feasibility of goods production. There are no recommended values for indicators of this group, as they vary greatly depending on the industry.

In order to get the most comprehensive and fair picture of the financial standing of an enterprise, it is necessary to pay attention to all the combination of financial indicators and company’s ratios.

Table 1. Net profit, revenue, product profitability, solvency index Globas of metalworking enterprises in Yekaterinburg (ТОP-10)

Name, INN, type of activity	Revenue, million RUB		Net profit (loss), million RUB		Product profitability, %		Solvency index Globas
	2019	2020	2019	2020	2019	2020
1	2	3	4	5	6	7	8
JSC URAL SIBERIAN INDUSTRIAL COMPANY INN 6673128630 manufacture of other fabricated metal products n.e.c.	1 057,5	4 629,6	-37,5	889,9	3,28	33,98	233 Strong
JSC VIZ INN 6658019241 manufacture of sinks, wash basins, baths and other sanitary ware and their components from ferrous metals, copper or aluminum	1 632,0	1 707,1	396,6	369,2	23,20	29,18	209 Strong
AO UMECON INN 6660000590 manufacture of metal structures and products of their parts	2 338,8	2 392,1	102,0	309,2	6,79	19,41	192 High
NAO URALCHERMET INN 6672333153 treatment and coating of metals	2 184,7	1 880,4	40,1	58,3	7,65	9,46	242 Strong
OOO NPO LEGION INN 6686020432 manufacture of constructional metal products	843,2	939,0	9,8	27,5	6,58	8,08	269 Medium
AO PK TT INN 7422035050 manufacture of steel bars and solid sections of steel by cold drawing	722,6	944,2	10,5	23,8	4,01	7,87	222 Strong
OOO PERVAYA KROVELNAYA INN 6671330135 machining	738,2	1 085,8	11,5	24,5	2,46	3,45	222 Strong
OOO STALTRANS INN 6672159201 manufacture of wire products and springs	1 927,5	1 823,0	4,3	3,7	1,82	2,30	258 Medium
NAO NIZMK INN 6664003916 manufacture of other metal products	1 130,7	1 185,9	11,9	33,4	0,50	-0,52	232 Strong
OOO TPK INN 6673240159 treatment and coating of metals	1 838,9	1 785,0	105,4	9,8	14,38	-1,29	219 Strong
Average value for TOP-10 companies	1 441,4	1 837,2	65,5	174,9	7,07	11,19
Average value for TOP-100 companies	455,1	489,3	18,1	24,2	7,12	5,20
Average industry value	76,2	85,0	6,2	5,5	7,26	9,40

improvement compared to prior period, decline compared to prior period

The average values of the product profitability ratio of TOP-10 are above and of TOP-100 - below the average industry value in 2020. Two companies of TOP-10 decreased their values in 2020, comparing to the previous period, whereas in 2019 the decrease was recorded for six companies.

At the same time, in 2020 seven companies increased the revenue and / or net profit. The average revenue in TOP-10 increased by 27%, in TOP-100 – almost by 8%, average industry value increased almost by 12%. The average profit in TOP-10 increased almost by factor of 2,7, in TOP-100 – by 34%, but the average industry value decreased by 11%.

In general, during last 5 years, the average industry values of the product profitability ratio were increasing during two periods. The best value was registered in 2020, the worst - in 2016 and 2017 (Picture 1).

Picture 1. Change in average industry values of product profitability of metalworking enterprises in Yekaterinburg in 2016 – 2020