Information agency Credinform has prepared a review of trends in activity of the largest Russian companies engaged in housing management.
The largest Russian companies engaged in housing management (TOP-10 and TOP-1000) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2015 - 2017). The analysis was based on data of the Information and Analytical system Globas.
|№||Name, INN, region||Net assets value,
|Solvency index Globas|
|1||STATE UNITARY ENTERPRISE MOSCOW CITY CENTER OF RENTAL HOUSING
INN 7703202003 Moscow
In process of reorganization in the form of accession since 07.06.2018
|2||GUPSRF MOSCOW DIRECTORATE FOR OPERATION OF BUILDINGS, ENGINEERING STRUCTURES AND COMMUNICATIONS
INN 7719005931 Moscow
|3||MUUP HOUSING AND UTILITIES OF CHEKHOV DISTRICT
INN 5048052077 Moscow region
|4||МMUUP ADMINISTRATION OF COMMUNICATION COMPLEX OF NORTH-YENISEI DISTRICT
INN 2434001177 Krasnoyarsk region
|5||MUUP THE HOUSING OF KIRISHI URBAN SETTLEMENT OF KIRISHI MUNICIPAL DISTRICT
INN 4708001129 Leningrad region
|996||PAO HOUSING AUTHORITY OF ORDZHONIKIDZEVSKY DISTRICT, UFA, REPUBLIC OF BASHKORTOSTAN
INN 0277101778 Republic of Bashkortostan
|997||LLC HOUSING AND UTILITIES OF PETROPAVLOVSK-KAMCHATSKY
INN 4101122429 Kamchatka Krai
|998||LLC MANAGEMENT COMPANY KRASZHILSERVIS
INN 2465090650 Krasnoyarsk region
Process of being wound up since 15.08.2016
INN 7801289210 Saint-Petersburg
Process of being wound up since 22.06.2017
|1000||LLC MAIN HOUSING DEPARTMNET
INN 7704307993 Moscow
Case on declaring the company bankrupt (insolvent) is proceeding
— growth indicator in comparison with prior period, — decline indicator in comparison with prior period.
For the last ten years, the average values of TOP-1000 net assets showed the decreasing tendency (Picture 1).
For the last three years, the share of enterprises with lack of property is growing (Picture 2).
In 2017, the total revenue of 10 largest companies amounted to 11% from ТОP-1000 total revenue (Picture 3). This fact testifies high level of competition within the industry.
In general, over a ten-year period the decrease in sales revenue is observed (Picture 4).
Profit and loss
In 2017 profit of 10 largest companies amounted to 37% from TOP-1000 total profit (Picture 5).
For the last ten years, the average net profit values are mainly negative and show the downward trend (Picture 6).
Over a three-year period, the average net profit values of ТОP-1000 show the growing tendency, along with this the average net loss also increases (Picture 7).
Main financial ratios
For the last ten years, the average values of the current liquidity ratio were within the recommended values - from 1,0 to 2,0, with growing tendency (Picture 8).
For the last ten years, the decreasing tendency of ROI ratio is observed (Picture 9).
For the last ten years, this business activity ratio demonstrated the downward trend (Picture 10).
67% of ТОP-1000 companies are registered in the Unified register of small and medium-sized enterprises of the Russian Federal Tax Service. Herein, in 2017 their share in TOP-1000 total revenue amounted to 46% (Picture 11).
Main regions of activity
Companies of ТОP-1000 are unequally located across the country and registered in 71 regions of Russia. The largest enterprises in terms of revenue are located in Moscow region (Picture 12).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that more than a half of them have average financial position (Picture 13).
Solvency index Globas
Most of TOP-1000 companies got superior/high or strong/medium Solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 14).
A complex assessment of activity of the largest Russian companies engaged in housing management, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of unfavorable trends (Table 2).
|Trends and assessment factors||Relative share, %|
|Growth/drawdown rate of average net assets value||-10|
|Increase / decrease in the share of enterprises with negative net assets||-10|
|Growth/drawdown rate of average revenue||-10|
|Growth/drawdown rate of average net profit (loss)||-10|
|Increase / decrease in average net profit of TOP-1000 companies||10|
|Increase / decrease in average net loss of TOP-1000 companies||-10|
|Increase / decrease in average values of current liquidity ratio||10|
|Increase / decrease in average values of ROI ratio||-10|
|Increase / decrease in average values of assets turnover ratio, times||-10|
|Share of small and medium-sized businesses in the industry by revenue more than 20%||10|
|Financial position (the largest share)||5|
|Solvency index Globas (the largest share)||5|
|Average value of factors||-2|
— Favorable trend (factor), — unfavorable trend (factor).
Information agency Credinform offers a ranking of the largest Russian enterprises of housing management sector. The companies with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (2015 - 2017). Then they were ranked by equity turnover ratio (Table 1). The analysis is based on data of the Information and Analytical system Globas.
There is no statutory value for the ratio, that is why it is recommended to compare companies of the same industry or time-varying behavior of the ratio of a particular company. Negative value of indicators speaks for the company’s net loss. The higher is the indicator, the more efficiently the company operates.
The experts of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in sectors, have developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For enterprises engaged in housing management the practical value of net profit ratio is from 1,03%.
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, mln RUB||Net profit (loss), mln RUB||Net profit ratio, %||Net profit ratio, % Globas|
|LLC Management Company Housing systems of Krasnoyarsk
|LLC Management of social facilities
Khanty-Mansi autonomous district - Yugra
|JSC Luberetsky city housing trust
|LLC City Management Company - Krasnodar
|LLC Management Company DEZ East residential area
Khanty-Mansi autonomous district - Yugra
|MUUP Chekhov district housing and utilities of Chekhov district
|MUUP GO Khimki, Moscow Region Directorate of a single customer
In process of reorganization in the form of merger of other legal entities since 20.11.2017
|LLC Management of Housing and Utilities of Petropavlovsk-Kamchatsky
|LLC Housing and Utilities Department of Tolyatti
|LLC Central administration for housing stock
A case of recognition the company bankrupt is considered
|10207,5||8278,4||-1 510,3||-2 815,9||-14,80||-34,02||550 Insufficient|
|Total for TOP-10 companies||37292,1||39867,4||-1639,7||-2912,9|
|Average value for TOP-10 companies||3729,2||3986,7||-164,0||-291,3||-1,90||-3,95|
|Industry average value||11,6||11,6||0,2||0,1||1,39||1,03|
— growth of indicator to the previous period, — decrease of indicator to the previous period.
Over the five-year period, the average size of the net assets of TOP-1000 companies tend to increase (Picture 1).
The average indicator of net profit ratio of TOP-10 companies is below the industry average. Seven companies of TOP-10 demonstrated the upside in 2017.
Over the past 10 years, the industry average values of net profit ratio have a trend to decrease (Picture 2).