Information agency Credinform represents the ranking of Russian companies for construction of residential and non-residential buildings. The enterprises with the largest volume of revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (for 2014 and 2015). Then they were ranked by return on investments in 2015 (Table 1).
Return on investments (%) is calculated as a ratio of net profit (loss) to the value of net assets. The indicator characterizes the level of profitability from each ruble received from investments, i.e. the amount of monetary units required by an enterprise for receiving one monetary unit of net profit. With the help of this indicator it is possible to assess the advisability of raising of borrowed funds at a certain percent.
Normative values for profitability indicators are not provided, because they vary depending on the industry, in which an enterprise operates. The indicators of each particular company should be considered in comparison with industry indicators.
For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all combination of company’s financial indicators and ratios.
|Name, INN, rgion||Net profit for 2015, mln RUB||Revenue for 2015, mln RUB||Revenue for 2015 by 2014, %||Return on investments, 2015 г., %||Solvency index Globas-i®|
|FSUE SPETSSTROIINZHINIRING PRI FEDERALNOM AGENTSTVE SPETSIALNOGO STROITELSTVA
INN 5047054473 Moscow
|-5 062,4||79 248,8||10||188,83||273
|INVESTMENTS AND FINANCES CONSTRUCTION COMPANY ARKS (IFCC ARKS) LLC
INN 7714275324 Moscow
|1 088,5||35 346,3||9||135,96||245
|RENAISSANCE CONSTRUCTION LTD
INN 7708185129 Moscow
|LSR. NEDVIZHIMOST-SEVERO-ZAPAD LLC
INN 7826090547 Saint-Petersburg
|6 864,6||27 937,3||199||42,87||185
INN 7709787790 Moscow
|1 088,5||75 051,2||49||23,66||238
|SSMO LENSPETSSMU NAO
INN 7802084569 Saint-Petersburg
|6 284,5||22 453,7||3||20,91||174
INN 7804079525 Saint-Petersburg
INN 0266012678 Republic of Bashkortostan
|DOMOSTROITELNYI KOMBINAT №1 NAO
INN 7714046959 Moscow
|JSC CONCERN TITAN-2
INN 7827004484 Leningrad region
|Total in the group of TOP-10 companies
(* - group average value)
|11 624,6||378 218,5||*14||*48,72|
|Total in the group of TOP-100 companies
((* - group average value)
|43 003,0||1 099 561,1||*18||*119,88|
|Industry average value||-0,7||50,7||-12||-12,00|
The average values of the return on investments in 2015 as well in the group of TOP-10, as in the group TOP-100 companies are significantly higher than the industry average. At the same time, JSC CONCERN TITAN-2 has a negative value of the indicator.
The volume of revenue of 10 the largest companies made 34% of the total revenue of 100 the largest enterprises in 2015. It points to a relatively high level of competition in the industry. The largest company in terms of volume of revenue was FSUE SPETSSTROIINZHINIRING PRI FEDERALNOM AGENTSTVE SPETSIALNOGO STROITELSTVA (Picture 2).
The total volume of profit of 10 the largest companies was 39% of the total revenue of 100 the largest enterprises in 2015. The largest company in terms of the profit volume was LSR. NEDVIZHIMOST-SEVERO-ZAPAD LLC (Picture 3).
All TOP-10 companies got the highest or high solvency index Globas-i®, that points to their ability to repay their debts in time and fully.
Seven from TOP-10 companies reduced indicators of revenue in 2015 compared to the previous period or had a loss (are marked with red filling in Table 1).
In the group of TOP-100 companies there were 8 unprofitable companies in 2014, and in 2015 their number decreased to 12. At the same time, the profit volume grew by 18% in 2015.
Indicators of the return on investments in the dynamics of Russian companies for the construction of residential and non-residential buildings testify to an unsuccessful state of business in terms of investment activity in the industry in recent years (Picture 4).
As a whole the indicators of the industry of construction of residential and non-residential buildings in monetary terms have been growing have been increasing at an ever-increasing rates it the last few years, that is confirmed by the data of the Federal State Statistics Service (Picture 5 and Table 2).
In the period from 2006 to 2016 the greatest volume of buildings construction was observed in 2016, the smallest - in 2006. (Table 2).
|7 938,1||14 682,0||35 113,9||34 421,5||38 768,8||36 463,9||32 566,9||33 896,5||41 366,7||61 546,6||102 957,7|
|*) In Table 2 the slowdown in volumes is marked with a red filling, with a green filling – the growth (year-on-year).|
Companies for the construction of residential and non-residential buildings are distributed unevenly throughout the country. Their maximum concentration is observed in the metropolitan areas with the largest population and the concentration of financial resources in the country. This is confirmed by the information of the Information and Analytical system Globas-i®, according to which 100 the largest companies in terms of revenue for 2015 are registered in 26 regions of Russia (Picture 6).
The main characteristics of the labor market are employment, unemployment and economic activity of the population.
Following the results of 2016, work-force size in the RF was 76 636,1 th people and 72 392,6 th people were employed. Economic activity reached 69,5% at the level of employment of 65,7%. At the same time, volume of unemployment was 5,5%. Data for previous years are presented in the table 1.
|Total population as of December 31, th people||143 056,4||143 347,1||143 666,9||146 267,3||146 544,7||146 804,4|
|Work-force size, th people||75 779,0||75 676,1||75 528,9||75 428,4||76 587,5||76 636,1|
|Number of employed, th people||70 856,6||71 545,4||71 391,5||71 539,0||72 323,6||72 392,6|
|Number of unemployed, th people||4 922,4||4 130,7||4 137,4||3 889,4||4 263,9||4 243,5|
|Labour force participation rate, %||68,3||68,7||68,5||68,9||69,1||69,5|
|Employment rate, %||63,9||64,9||64,8||65,3||65,3||65,7|
|Unemployment rate, %||6,5||5,5||5,5||5,2||5,6||5,5|
Among the trends on the labor market in 2016 are: reduction of job hunting requests at increase of searching period; demand for office-seekers with experience at difficulties in finding a good specialist; growth of importance of a specific employee on the background of reduction of downsizing. Contrary to specialists of transport, logistics and IT markets, insurance agents, loan officers and bank operators are in the risk zone. The number of vacancies in human resource management and trainings has increased.
According to the analysis of the situation on the labor market, it is under transformation. Employers are searching for qualified stuff that is why companies have changed their approach to recruitment and personnel reserve. As a result, the nowadays trend is about constant assessment of working stuff, training, using specialist’s (department’s) coefficient of performance, etc. Step by step these processes become more significant, requiring skills, higher involvement and constant development. Analysts expect the transformation will be finished in 2018.
Nevertheless, this argument is hardly to be agreed with, taking into account the impact factors forming on the labor market. The experts combined them in three groups. The first one is connected with opportunities of digital technologies:
- types of work currently being performed by a man and that can be performed by robots, artificial intelligence, automated systems and similar are increasing;
- digital technologies facilitate access to a wide range of business information;
- increase in use of Big Data (processing and analysis of large amounts of data, including poorly structured) and in-depth analytics, which are vital to business.
The second group covers own changes in business:
- processes of activity become more complicated with increase in stuff and number of business units;
- this is resulted in difficulties with planning, management, estimation of labor efficiency of each employee; all these affect the company’s productivity;
- implementation of innovations will serve to creation of more flexible management structures, growth of their mobility and extension of fields for experiments.
Changes of offers on the labor market are characterized by the third group of factors: change of population; deficit of certain skills; geopolitical and economical changes in distribution of power and incomes; predominant of heterogeneous workgroups; growth of individualism and ambitions for going into business on their own.
The trend among employers to seek for qualified specialists with the accent on working experience becomes clear. The reduction of offers for low-qualified personnel by 5% every year is expected since 2018. At forming trends and existing approaches to professional training the total level of real unemployment in Russia could reach 20-25% by the year 2022.