According to the amendments to the Tax Code of the Russian Federation made by the Federal law No. 100-FL dated April 20, 2021, the international companies operating on the territory of Russia are obliged to disclose data on their shareholders, beneficial owners and managers including information on individuals or public companies directly or indirectly holding 5% or more in the international company.
The amendments will come into force since January 1, 2022.
Data as of December 31 have to be provided to the tax authorities no later than March 28 in the year following the reporting year.
There is an administrative fine at the amount of 50 thousand RUB for failure to provide such information.
International companies registered with the tax authorities for the sole purpose of rendering e-services in Russia are exempt from this obligation.
Full list of foreign e-service providers registered in the RF as VAT payers is available to all users in the Lists we recommend of the Information and Analytical system Globas.
Information agency Credinform represents a ranking of the largest Russian shipbuilding enterprises. Companies with the largest volume of annual revenue (TOP 10 and TOP 100) 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 net profit ratio (Table 1). The selection and analysis were based on the data of the Information and Analytical system Globas.
There is no standard value for this ratio. It is recommended to compare companies of the same industry or to analyse the changes in this ratio for a specified company. Negative value of the ratio shows there is a net loss. High value speaks about the effective operations.
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, region||Revenue, million RUB||Net profit (loss), million RUB||Net profit ratio, %||Solvency index Globas|
|JSC OKSKAYA SHIPYARD
INN 5223004199 Nizhniy Novgorod region
|9 066,6||9 214,5||1 880,0||866,6||20,74||9,40||191 High|
|JSC KRASNOE SORMOVO PLANT
INN 5263006629 Nizhniy Novgorod region
|11 763,6||11 709,2||708,9||1 019,7||6,03||8,71||195 High|
|JSC UNITED SHIPBUILDING CORPORATION
INN 7838395215 Saint Petersburg
|68 832,0||85 665,0||509,7||1 501,2||0,74||1,75||228 Strong|
|JSC SREDNE-NEVSKY SHIPBILDING PLANT
INN 7817315385 Saint Petersburg
|10 459,0||11 137,5||952,4||189,3||9,11||1,70||206 Strong|
|JSC SHIPBUILDING PLANT SEVERNAYA VERF
INN 7805034277 Saint Petersburg
|20 736,6||14 929,5||-534,5||173,4||-2,58||1,16||254 Medium|
|JSC LENINGRAD SHIPYARD PELLA
INN 4706000296 Leningrad region
|13 554,3||10 990,4||29,6||-1 119,8||0,22||-10,19||300 Adequate|
|JSC SHIPYARD YANTAR
INN 3900000111 Kaliningrad region
|9 332,1||11 288,7||-2 757,7||-1 723,1||-29,55||-15,26||316 Adequate|
|JSC AMUR SHIPBUILDING PLANT
INN 2703000015 Khabarovsk territory
|13 675,9||16 850,6||-2 131,2||-4 503,3||-15,58||-26,72||289 Medium|
|LLC SHIPBUILDING COMPLEX ZVEZDA
INN 2503032517 Primorye territory
|4 994,2||11 061,5||-3 990,9||-4 154,0||-79,91||-37,55||313 Adequate|
|JSC BALTIC SHIPYARD
INN 7830001910 Saint Petersburg
|20 654,3||18 929,8||-6 444,2||-7 878,8||-31,20||-41,62||269 Medium|
|Average value for TOP 10||18 306,9||20 177,7||-1 177,8||-1 562,9||-12,20||-10,86|
|Average value for TOP 100||2 369,6||2 369,6||-136,1||-181,6||1,49||1,17|
|Average industry value||386,6||270,2||-10,2||-18,1||-2,64||-6,71|
growth of indicator to the previous period, fall of indicator to the previous period
The industry average values of the net profit ratio, as well as the values of TOP 10, were negative in 2020. Five companies decreased their values in 2020, while only three ones did in 2019.
In 2020, six companies gained their revenues, three ones increased net profit and one company reduced its loss.
The revenue of TOP 10 and TOP 100 climbed at average 10% and the industry average figure fell 30%. The loss of TOP 10 and TOP 100 jumped 33%. On average for the industry, there is a 77% increase in the loss.
Over the past five years, the industry average values of the net profit ratio have declined over three periods. The highest value was recorded in 2017 and the lowest one was in 2020 (Picture 1).