Information agency Credinform presents a review of the activity trends of companies with 100% foreign capital.
The largest companies (TOP-1000) in terms of annual revenue were selected for the analysis according to the data from the Statistical Register and the Federal Tax Service for the latest available accounting periods (2016 – 2020). The selection of companies and the analysis were based on the data from the Information and Analytical system Globas.
The largest company in terms of net assets is JSC MCC EUROCHEM, INN 7721230290, Moscow, engaged in financial industrial group management activities. In 2020, net assets value amounted to almost 361 billion RUB.
The lowest net assets value among TOP-1000 was recorded for LLC TOMET, INN 6382018657, Samara region, engaged in manufacture of other basic organic chemical substances, the legal entity is declared insolvent (bankrupt) and bankruptcy proceedings are initiated since 09.03.2021. In 2020, insufficiency of property was indicated in negative value of -77 billion RUB.
During five-year period, the average net assets values of TOP-1000 have a trend to increase with the decreasing growth rates (Picture 1).
The shares of TOP-1000 companies with insufficient property had positive trend to decrease during last 5 years (Picture 2).
The revenue volume of TOP-10 amounted to almost 20% of the total revenue of TOP-1000 companies in 2020 (Picture 3). It gives evidence to the low level of capital concentration among companies with 100% foreign capital.
In general, there is a trend to increase in revenue with the declining of growth rates (Picture 4).
Profit and loss
The largest TOP-1000 company in term of net profit in 2020 is JSC EVRAZ NIZHNY TAGIL METALLURGICAL PLANT, INN 6623000680, Sverdlovsk region, engaged in manufacture of crude iron, ferroalloy, steel. The company’s profit amounted to more than 65 billion RUB.
During five-year period, the average profit figures of TOP-1000 have a trend to increase with decreasing growth rates (Picture 5).
In the last five years, the average net profit figures of TOP-1000 companies increase with the increasing average net loss (Picture 6).
Key financial ratios
During five-year period, the average values of the current liquidity ratio of TOP-1000 companies were above the recommended one – from 1,0 to 2,0, with a trend to increase. (Picture 7).
During five years, there was a trend to increase in the average ROI values of TOP-1000 companies (Picture 8).
During the five-year period, there was a trend to decrease of this ratio (Picture 9).
1,2% companies of TOP-1000 are registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation. However, their share in total revenue of TOP-1000 in 2020 amounted to only 0,2%, which is significantly lower than the average country values in 2018 - 2019 (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 68 regions of Russia, and unequally located across the country. Almost 68% of the TOP-1000 companies’ total revenue for 2020 consolidate in Moscow and Moscow region (Picture 11).
Financial position score
According to the assessment, the financial position of TOP-1000 companies is above average (Picture 12).
Complex assessment of activity of the companies with 100% foreign capital, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of positive trends in their activity in 2016- 2020 (Table 1).
|Trends and evaluation factors||Relative share of factors, %|
|Dynamics of the average net assets value||10|
|Rate of growth (decline) in the average size of net assets||-10|
|Increase / decrease in the share of enterprises with negative values of net assets||10|
|Level of capital concentration||10|
|Dynamics of the average revenue||10|
|Rate of growth (decline) in the average size of revenue||-10|
|Dynamics of the average profit (loss)||10|
|Rate of growth (decline) in the average size of profit(loss)||-10|
|Growth / decline in average values of net profit||10|
|Growth / decline in average values of net loss||-10|
|Increase / decrease in average values of current liquidity ratio||5|
|Increase / decrease in average values of return on investment ratio||10|
|Increase / decrease in average values of asset turnover ratio, times||-10|
|Share of small and medium-sized businesses in terms of revenue being more than 20%||-10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Average value of relative share of factors||1,5|
positive trend (factor), negative trend (factor)
Information agency Credinform represents a ranking of the largest Russian road construction companies in Moscow. Companies with the largest volume of annual revenue (TOP 10 and TOP 50) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2018 - 2020). They were ranked by the return on the authorized capital (Table 1). The selection and analysis were based on the data of the Information and Analytical system Globas.
The higher is the indicator, the more efficient is the usage of capital contributed to the authorized fund. However, it is necessary to consider that too high values, exceeding in several times the average values for economy or sector may indicate low authorized capital at higher net profit.
For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.
|Name, INN||Revenue, billion RUB||Net profit (loss), billion RUB||Return on the authorized capital, %||Solvency index Globas|
|JSC DSK AVTOBAN
|47,17||32,60||2,26||7,73||2 257 093||7 732 376||208 Strong|
|LLC CONCESSION CONSTRUCTION COMPANY No. 1
|25,24||43,04||4,46||6,15||4 456 489||6 148 273||264 Medium|
|JSC FOR CONSTRUCTION AND RECONSTRUCTION OF ROADS AND AERODROMES
|7,49||11,61||0,92||1,22||3 679 804||4 886 008||195 High|
|2,55||6,04||0,04||0,25||415 500||2 465 110||222 Strong|
|13,10||13,68||0,04||0,23||192 217||999 643||205 Strong|
|LLC KOLTSEVAYA MAGISTRAL
|4,52||8,70||0,04||0,05||400 720||532 370||295 Medium|
|8,86||14,13||0,25||0,78||2 497||7 842||228 Strong|
|77,30||65,74||1,73||-1,99||4 384||-5 027||297 Medium|
|63,06||56,86||0,70||-4,47||7 045 370||-44 709 540||299 Medium|
|Average value for TOP 10||25,30||25,79||1,05||1,00||1 845 420||-2 194 253|
|Average value for TOP 50||6,83||6,61||0,27||0,16||588 451||-261 222|
|Average industry value||0,19||0,20||0,001||4||44|
growth of indicator to the previous period, fall of indicator to the previous period
The industry average values of the return on the authorized capital is significantly above the industry average ones of TOP 10 and TOP 50. Two companies of TOP 10 had negative values of the indicator and reduced their figures in 2020. In 2019, the fall was recorded for five companies.
In 2020, seven companies included in TOP 10 gained revenue and five legal entities gained net profit. In general, the revenue of TOP 10 climbed at average 2%, and a 3% decrease was recorded in TOP 50. There was a 5% increase in the industry average indicator.
There was a 5% and 41% decrease in profit of TOP 10 and TOP 50 respectively. The industry average profit climbed 3 times.
Over the past five years, the industry average values of the return on the authorized capital have increased over three periods. The highest value was recorded in 2020 and the lowest one was in 2019 (Picture 1).