Information agency Credinform has prepared a ranking of the largest Russian companies engaged in processing and conservation of fish, crustaceans and mollusks. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the available periods (from 2014 to 2016). Then the companies were ranged by solvency ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
In 2016 the practical value of solvency ratio for companies engaged in processing and conservation of fish, crustaceans and mollusks is from 0,01 to 0,83.
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, mln RUB||Net profit, mln RUB||Solvency ratio (x)||Solvency index Globas|
| USTKAMCHATRYBA CO., LTD
|1 503||2 132||689||987||0,87||0,93||174 Superior|
| NAO KURILSKII RYBAK
|4 463||5 279||1 734||1 601||0,93||0,90||155 Superior|
| PAO OZERNOVSKII RKZ #55
|3 337||3 532||1 214||1 400||0,62||0,76||158 Superior|
| NAO SEVERO-KURILSKAYA BAZA SEINERNOGO FLOTA
|2 355||2 744||278||703||0,17||0,55||141 Superior|
| Federal state unitary enterprise ARKHANGELSKOE of the Federal Service for the Execution of Sanctions
In process of reorganization in the form of transformation, 21.05.2018
|2 082||3 343||104||235||0,40||0,47||229 Strong|
| LLC Vichunai RUS
|6 991||8 716||259||244||0,25||0,28||199 High|
| PAO MERIDIAN
|8 006||7 635||683||323||0,34||0,24||206 Strong|
| PAO RYBOOBRABATYVAYUSHCHII KOMBINAT #1
|4 984||5 842||69||80||0,19||0,19||184 High|
| NAO RUSSIAN SEA
|7 460||8 801||-842||1 467||-0,54||-0,18||226 Strong|
| NAO BALTIC COAST
Process of being wound up, 03.05.2017
|10 065||6 376||-232||-1 674||0,09||-0,31||600 Insufficient|
|Total for TOP-10 companies||53 261||56 417||5 971||7 381|
|Average value for TOP-10 companies||5 326||5 642||597||738||0,33||0,38|
|Average industry value||82||102||5||7||0,24||0,21|
— growth of indicator in comparison with prior period, — decline of indicator in comparison with prior period.
Average value of solvency ratio for TOP-10 companies is lower than recommended value and higher than average industry value.
For the last 10 years, the average values of solvency ratio showed the increasing tendency (Picture 2).
Information agency Credinform Credinform has observed trends in the activity of the largest companies of real sector of economy of the Republic of Bashkortostan.
Enterprises with the largest volume of annual revenue (TOP-10 and TOP-1000), were selected for the analysis, according to the data from the Statistical Register for the latest available periods (for 2014-2016). The analysis was made on the basis of the data of the Information and Analytical system Globas.
|№ in TOP-1000||Name, INN, main type of activity||Net assets value, mln RUB||Solvency index Globas|
|1.|| PJSOC Bashneft
Crude oil mining
|126 720||164 332||176 336||208 Strong|
|2.|| AO TRANSNEFT – URAL
Transportation of oil and oil products by pipeline
|93 660||101 303||115 205||188 High|
|3.|| LLC BGK
Production of electric power by heat power plants, including activities on working ability of electric power plants
|30 161||31 186||35 303||145 Superior|
|4.|| LLC GAZPROM NEFTEKHIM SALAVAT
Manufacture of oil products
|4 009||-4 619||31 913||276 Medium|
|5.|| AO UCHALINSKII GOK
Mining and preparation of copper ore
|24 233||27 534||30 564||193 High|
|996.|| JSC Housing Authority of Ordzhonikidze district
Management of housing maintenance on a fee or a negotiable basis
|997.|| JSC BASHKORTOSTAN SUBURBAN PASSENGER COMPANY
Passenger suburban transportation by railway transport in controlled sector
|-1 063||-878||-861||285 Medium|
|998.|| LLC BPK named after M.GAFURI
In bankruptcy proceeding
|89||-3 057||-891||550 Insufficient|
|999.|| LLC ALFA-SOYUZ
Lease and management of own or rented uninhabited immovable property
|-602||-1 273||-1 674||307 Adequate|
|1000.|| LLC GLAVBASHSTROI
Manufacture of concrete products for construction activities
|-1 932||-2 226||-2 487||352 Adequate|
— growth of the indicator to the previous period, — decline of the indicator to the previous period.
The revenue of 10 leaders of the industry made 43% of the total revenue of TOP-1000 companies in 2016. It demonstrates concentration of large companies in the Republic of Bashkortostan (Picture 2).
In general, a decreasing tendency in volume revenue is observed (Picture 3).
Profit and losses
The profit volume of 10 leading enterprises in 2016 made 63% of the total profit of TOP-1000 companies (Picture 4).
Over a three-year period, the average values of profit indicators of TOP-1000 companies tend to increase. However, the average value of net loss decreases (Picture 5).
Key financial ratios
Over the three-year period the average indicators of the current liquidity ratio were above the range of recommended values — from 1,0 up to 2,0 (Picture 6). In general, the ratio indicator tends to decrease.
Decreasing tendency in the indicators of the return on investment ratio has been observed for three years (Picture 7).
This business activity ratio showed a tendency to decrease for a three-year period (Picture 8).
The largest share in the total revenue of TOP-1000 is owned by companies, specializing in crude oil mining (Picture 9).
61% of TOP-1000 companies are registered in the Register of small and medium enterprises of the Federal Tax Service of the RF (Picture 10).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that the largest number is in a stable financial position and above the average (Picture 11).
Solvency index Globas
Most of TOP-1000 companies have got from Superior to Medium Solvency index Globas, that points to their ability to repay their debts in time and fully (Picture 12).
Comprehensive assessment of the activity of largest companies of real sector of economy of the Republic of Bashkortostan, taking into account the main indexes, financial indicators and ratios, demonstrates the presence of favorable trends. However, among disturbing factors are decreasing indicators of revenue volume and key financial ratios.