Information agency Credinform represents a review of activity trends among the companies in Kazan.

The largest companies 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 (2016 – 2020). The selection and analysis of companies were based on the data of the Information and Analytical system Globas.

Net assets are total assets less total liabilities. This indicator reflects the real value of the property of an enterprise. When the company’s debt exceeds the value of its property, the indicator is considered negative (insufficiency of property).

The largest company in term of net assets is LLC TELECOM-MANAGEMENT, INN 1655061006, investment in securities. In 2020, net assets value of the company almost amounted to 237 billion RUB.

The lowest net assets value among TOP 1000 belonged to JSC KAZSTROYINVEST, INN 1660054950, rental and management of own or leased real estate. In 2020, insufficiency of property of the enterprise was indicated in negative value of -8 billion RUB.

Covering the five-year period, the average net assets values of TOP 100 have a trend to increase with the decreasing growth rate (Picture 1).

Picture 1. Change in average net assets values in 2016 – 2020

Over the past five years, the share of companies with insufficient property had a negative trend to increase (Picture 2).

Picture 2. Shares of TOP 1000 companies with negative net assets value in 2016-2020

Sales revenue
In 2020, the revenue volume of ten largest companies was 38% of total TOP 1000 revenue (Picture 3). This is indicative of a relatively high level of capital concentration among companies in Kazan.

Picture 3. The share of TOP 10 companies in total 2020 revenue of TOP 1000

In general, there is a trend to increase in revenue with the decreasing growth rate (Picture 4).

Picture 4. Change in average revenue in 2016 – 2020

Profit and loss
In 2020, the largest organization in term of profit was KAZAN PJSC ORGANIC SYNTHESIS, INN 1658008723, manufacture of plastics and synthetic resins in primary forms. The company’s profit almost amounted to 9 billion RUB. Covering the five-year period, there is a trend to decrease in average net profit and growth rate (Picture 5).

Picture 5. Change in average profit (loss) values of TOP 1000 in 2016 – 2020

For the five-year period, the average profit of TOP 1000 have the decreasing trend with the increasing net loss (Picture 6).

Picture 6. Change in average net profit and net loss of ТОP 1000 in 2016 - 2020

Key financial ratios
Covering the five-year period, the average values of the current liquidity ratio were above the recommended one - from 1,0 to 2,0 with a trend to decrease (Picture 7).

Current liquidity ratio (current assets to short-term liabilities) shows the sufficiency of company’s assets to repay on short-term liabilities.

Picture 7. Change in industry average values of current liquidity ratio of TOP 1000 in 2016 – 2020

Covering the five-year period, the average values of ROI ratio had a trend to decrease (Picture 8).

ROI ratio is calculated as net profit to sum of shareholders equity and long-term liabilities, and shows the return of equity involved in commercial activities and long-term borrowed funds.

Picture 8. Change in industry average values of ROI ratio of TOP 1000 in 2016 - 2020

Assets turnover ratio is the ratio of sales revenue and company’s average total assets for a period. It characterizes the effectiveness of using of all available resources, regardless the source of their attraction. The ratio shows how many times per year the full cycle of production and circulation is performed, generating the corresponding effect in the form of profit.

Covering the five-year period, business activity ratio demonstrated the decreasing trend (Picture 9).

Picture 9. Change in average values of assets turnover ratio of TOP 1000 in 2016 – 2020

Small business
77% of companies of TOP 1000 are registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation. In 2020, their share in total revenue of TOP 1000 is 19,6%, slightly lower than the average country values in 2018-2019 (Picture 10).

Picture 10. Shares of small and medium-sized enterprises in TOP 1000

Financial position score
Assessment of the financial position of TOP 1000 companies shows that the financial position of the majority of them is above average (Picture 11).

Picture 11. Distribution of TOP 1000 companies by financial position score

Solvency index Globas
Most of TOP 1000 companies got Superior / High and Strong / Medium indexes Globas. This fact shows their limited ability to meet their obligations fully (Picture 12).

Picture 12. Distribution of TOP 1000 companies by solvency index Globas

Conclusion
Complex assessment of activity of largest companies in Kazan, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of positive trends in their activities in 2016 - 2020 (Table 1).

Table 1. Positive and negative trends, evaluation factors

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 20%	5
Financial position (the largest share)	10
Solvency index Globas (the largest share)	10
Average value of relative share of factors	-3,8

positive trend (factor), negative trend (factor)

Information agency Credinform has prepared a ranking of the Russian companies engaged in business consulting. The largest enterprises (TOP-10 and TOP-100) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018-2020). Then the companies were ranged by net profit ratio (Table 1). The selection and analysis were based on the data from the Information and Analytical system Globas.

Net profit ratio (%) is calculated as a ratio of net profit (loss) to sales revenue. The ratio reflects the company’s level of sales profit.

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.

Table 1. Revenue, net profit, net profit ratio, solvency index Globas of the companies engaged in business consulting (ТОP-10)

Name, INN, region	Revenue, million RUB		Net profit (loss),million RUB		Net profit ratio, %		Solvency index Globas
	2019	2020	2019	2020	2019	2020
1	2	3	4	5	6	7	8
JSC Sovcomflot INN 7702060116 St. Petersburg	9 445,0	15 818,8	7 204,7	13 448,9	76,28	85,02	154 Superior
JSC CHERKIZOVO GROUP INN 7718560636 Moscow region	12 231,4	11 248,5	7 887,1	6 945,8	64,48	61,75	193 High
VOLGA GROUP LLC INN 7718989383 Moscow	13 884,5	21 599,3	6 912,5	10 724,6	49,79	49,65	243 Высокий
LLC MCKINSEY & COMPANY CIS INN 7710708760 Moscow	14 022,9	20 069,4	807,4	3 897,0	5,76	19,42	194 High
JSC Severstal management INN 7713505053 Moscow	11 962,2	14 747,3	364,2	1 779,6	3,04	12,07	197 High
LLC ASNA INN 7728850310 Moscow	10 229,8	12 143,9	474,2	1 090,9	4,64	8,98	231 Высокий
URALMASH OIL AND GAS EQUIPMENT HOLDING LLC INN 7707727918 Moscow	10 448,5	10 549,6	474,0	403,6	4,54	3,83	221 Высокий
LLC Boston Consulting Group INN 7710927201 Moscow	6 322,1	8 736,4	562,1	61,3	8,89	0,70	269 Medium
LLC CABLE ALLIANCE HOLDING CORPORATION INN 6658388288 Sverdlovsk region	21 593,4	46 170,6	-38,7	-57,4	-0,18	-0,12	318 Adequate
RT-CAPITAL LLC INN 7704770859 Moscow	12 987,0	10 397,8	-6 762,7	-775,0	-52,07	-7,45	280 Medium
Average value for TOP-10 companies	12 312,7	17 148,2	1 788,5	3 751,9	16,52	23,38
Average value for TOP-100 companies	3 226,8	3 600,7	462,4	927,6	7,68	17,31
Average industry value	33,3	32,6	14,3	38,2	42,99	117,36

growth of indicator in comparison with prior period, decline of indicator in comparison with prior period

In 2020, the average value of net profit ratio of TOP-10 and TOP-100 companies is significantly lower than the average industry value. In 2020 and 2019, two companies had negative results. In 2020, four companies reduced the results, while in 2019, the decline was observed in five companies. At the same time, eight companies showed the increase in revenue and four companies demonstrated the increase in net profit.

The TOP-10 revenue increased by more than 39%, the TOP-100 revenue - by more than 11%, however, the industry average ratio showed the decrease by 2%.

The average TOP-10, TOP-100 profit and the average industry profit double increased.

In general, for the last five years the average industry indicators of net profit ratio grew within three periods. The ratio showed the best result in 2020 and the worst in 2017 (Picture 1).

Picture 1. Change in average industry values of net profit ratio of companies engaged in business consulting in 2016 – 2020