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Return on sales of manufacturers of fabricated rubber products in Russia
Credinform Information Agency prepared a ranking “Return on sales of manufacturers of fabricated rubber products (tyres, covers, inner tubes, etc.) in the Russian Federation”. For this ranking, we selected the fabricated rubber manufacturers with highest revenues in Russia; then, these producers were ranked upon “return on sales” index.
This financial indicator is one of profitability indices that characterize operating efficiency of a company. These indices are interesting first of all for investors and owners, since they characterize the efficiency of production and business activity and show, how much net profit the enterprise gets from one ruble of sales. In particular, the considered index – return on sales – is a ratio of net profit to the amount of revenues from all kinds of sales, and demonstrates the share of net profit in sales volume of the enterprise. Recommended value of the considered index changes depending on the industries. In this case this index shall be between 0 and 5.
| N | Name | INN | Turnover in 2011, ml rub. | Return on sales | Solvency index |
|---|---|---|---|---|---|
| 1 | Kordiant-Vostok CJSC | 5506024164 | 2,894.57 | -3.137 | 278 (high) |
| 2 | Nizhnekamskshina OJSC | 1651000027 | 23,765.53 | 0.132 | 267 (high) |
| 3 | Ural Fabricated Rubber Products Factory OJSC | 6664002550 | 2,329.06 | 1.274 | 281 (high) |
| 4 | Voltyre-Prom OJSC | 3435900531 | 7,015.56 | 1.415 | 238 (high) |
| 5 | AvtoShinnaya Company LLC | 2466084120 | 4,524.38 | 1.639 | 229 (high) |
| 6 | Omskshina OJSC | 5506007419 | 11,844.30 | 3.148 | 199 (highest) |
| 7 | Yaroslavl Tyre Factory awarded with Lenin Order and October Revolution Order OJSC | 7601001509 | 7,794.49 | 5.020 | 225 (high) |
| 8 | Kurskrezinotekhnika OJSC | 4632001454 | 4,958.73 | 7.598 | 184 (highest) |
| 9 | MICHELIN Russian Tyre Production Company LLC | 5073007462 | 15,994.45 | 8.169 | 234 (high) |
| 10 | Nokian Tyres LLC | 4703073810 | 15,691.32 | 19.033 | 187 (highest) |
All companies from the top-ten with highest turnover were assigned by Credinform Agency with highest and high solvency index, which proves the efficiency of their business activity.
Return on sales index of Kordiant-Vostok CJSC is negative; however, other financial indicators speak for a high solvency of the company, which is proved by high GLOBAS-i index. Return on sales indices of Nizhnekamskshina OJSC, Ural Fabricated Rubber Products Factory OJSC, Voltyre-Prom OJSC, AvtoShinnaya Company LLC and Omskshina OJSC match with standard ratios in the fabricated rubber products industry.
Yaroslavl Tyre Factory awarded with Lenin Order and October Revolution Order OJSC, Kurskrezinotekhnika OJSC, MICHELIN Russian Tyre Production Company LLC and Nokian Tyres LLC exceeded the recommended return on sales index.
For retaining the market sustainability and ensuring the opportunities for further development, these enterprises need to pay more attention to return on sales, as well as to manage their liabilities structure more efficiently.