Information agency Credinform represents a ranking of the largest Russian taxpayers.
The largest income tax payers with the highest annual revenue (TOP-1000) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2014 - 2019). The selection and analysis of companies were based on the data of the Information and Analytical system Globas.
The largest company in term of net assets is JSC ATOMIC ENERGY POWER CORPORATION, INN 7706664260, Moscow, other information technology and computer service activities. In 2019, net assets value of the company almost amounted to 1 352 billion RUB.
The lowest net assets value among TOP-1000 belonged to LLC RN-VOSTOKNEFTEPRODUKT, INN 2723049957, Khabarovsk territory, wholesale of motor-fuel, including aviation fuel. In 2019, insufficiency of property of the legal entity was indicated in negative value of -7,5 billion RUB.
Covering the six-year period, the average net assets values of TOP-100 have a trend to increase with a decreasing growth rate (Picture 1).
Over the past six years, the share of companies with insufficient property had a positive trend to decrease (Picture 2).
In 2019, the revenue volume of ten largest companies was 42% of total TOP-1000 revenue (Picture 3). This is indicative of a quite high level of aggregation of capital in the examined group of companies.
In general, there is a trend to increase in revenue with the decreasing growth rate (Picture 4).
Profit and loss
The largest organization in term of net profit is JSC NIPIGASPERERABOTKA, INN 2310004087, Tyumen region, development of industrial processes and production project. The company’s profit for 2019 exceeded 11 billion RUB.
Covering the six-year period, there is a trend to decrease in average net profit with the decreasing growth rate (Picture 5).
For the six-year period, the average net profit values of TOP-1000 have the decreasing trend with the increasing net loss (Picture 6).
Key financial ratios
Covering the six-year period, the average values of the current liquidity ratio were much above the recommended one - from 1,0 to 2,0 with a trend to increase (Picture 7).
Covering the six-year period, the average values of ROI ratio were at the high level with a trend to increase (Picture 8).
Covering the six-year period, business activity ratio demonstrated the increasing trend (Picture 9).
66% of companies included in TOP-1000 are registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation. Their share in total revenue of TOP-1000 is 5,5% that is much lower than the average country values (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 65 regions of Russia, and unequally located across the country. Over 54% of companies largest by revenue are located in Moscow and Saint Petersburg (Picture 11).
Financial position score
Assessment of the financial position of TOP-1000 companies shows that the majority of them have financial position above average (Picture 11).
Complex assessment of activity of the largest taxpayers, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of negative trends in 2014 - 2019 (Table 1).
|Trends and evaluation factors||Relative share of factors, %|
|Dynamics of the average net assets value||10|
|Rate of growth (decrease) in the average size of net assets||-10|
|Increase (decrease) in the share of enterprises with negative values of net assets||10|
|Level of competition / monopolization||-10|
|Dynamics of the average revenue||10|
|Rate of growth (decrease) in the average size of revenue||-10|
|Dynamics of the average profit (loss)||-10|
|Rate of growth (decrease) in the average profit (loss)||-10|
|Growth / decline in average values of companies’ net profit||-10|
|Growth / decline in average values of companies’ net loss||-10|
|Increase / decrease in average values of total 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 22%||-10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Average value of factors||-0,9|
positive trend (factor), negative trend (factor)
The restrictions imposed by the pandemic response put the owners of office and commercial premises in a difficult predicament. The lessors close businesses, go bankrupt or looking for more budget-friendly options.
Information agency Credinform has prepared a ranking to find out which of the lessors have a margin of safety due to the effective work within 2017-2019.
The largest enterprises (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 (2017-2019). Then the companies were ranged by net profit ratio (Table 1). The company selection and analysis were based on the data from the Information and Analytical system Globas.
The ratio doesn’t have the standard value. It is recommended to compare the companies within the industry or the change of a ratio in time for a certain company. The negative value of the ratio indicates about net loss. The higher is the ratio value, the better the company operates.
For the most full and fair opinion about the company’s financial position the whole set of financial indicators and ratios should be taken into account.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Net profit ratio, %||Solvency index Globas|
|LLC BRIZ CONSTRUCTION COMPANY
INN 7813188168 St.Petersburg
|7 275,7||8 009,4||4 306,9||4 881,1||59,20||60,94||208 Strong|
|LLC MEGA BELAYA DACHA
INN 5027108265 Moscow region
|6 523,3||6 494,5||3 590,6||3 766,2||55,04||57,99||197 High|
INN 2225021331 Altai Territory
|8 064,6||8 780,9||4 529,3||4 871,2||56,16||55,48||179 High|
|LLC ENKA TC
INN 7702190316 Moscow
|7 398,4||8 530,4||-1 860,3||3 905,3||-25,15||45,78||236 Strong|
INN 7801237357 St.Petersburg
|5 105,7||5 353,5||2 221,9||2 097,6||43,52||39,18||225 Strong|
|JSC X5 NEDVIZHIMOST
INN 7816157915 St.Petersburg
|16 993,4||16 560,6||-14 642,67||3 306,4||-86,17||19,97||266 Medium|
INN 7801072391 St.Petersburg
|6 975,4||7 089,5||1 166,7||1 300,4||16,73||18,34||219 Strong|
|GlavUpDK under the MFA of Russia
INN 7704010978 Moscow
|11 348,8||11 319,4||1 184,1||888,7||10,43||7,85||196 High|
|JSC CROCUS INTERNATIONAL
INN 7728115183 Moscow region
|46 610,7||48 416,8||-4 667,9||867,5||-10,01||1,79||266 Medium|
|JSC RN – MAMONTOVO
INN 8612008064 Khanty-Mansi Autonomous Okrug- Yugra
|5 953,0||5 596,2||-638,3||-553,1||-10,72||-9,88||313 Adequate|
|Average value for TOP-10 companies||12 224,9||12 615,1||-481,0||2 533,1||10,90||29,74|
|Avarage indastry value||22,0||23,4||1,5||3,7||6,90||15,97|
growth of indicator in comparison with prior period, decline of indicator in comparison with prior period
The average value of net profit ratio for TOP-10 companies is higher than avarage indastry value. In 2019, seven companies improved the result in comparison with prior period.
Within 6 years, the average indicators of net profit ratio showed the positive upward trend (Picture 2).