Financial analysis of JSCo High-Speed Rail Lines

This financial profile page contains financial analisys of financial reports of JSCo High-Speed Rail Lines. Financial analysis of financial reports of JSCo High-Speed Rail Lines includes the analisys of income, income and expenses growth rates, analisys of working capital structure and annual dynamics. JSCo High-Speed Rail Lines .

Financial reports of JSCo High-Speed Rail Lines

This financial profile page of JSCo High-Speed Rail Lines cosists of links to annual financial reports of JSCo High-Speed Rail Lines. Flexible and user-friendly web-instruments enable horizontal and vertical analisys of indexes of financial reports of JSCo High-Speed Rail Lines.

Liquidity and financial strength of JSCo High-Speed Rail Lines

This financial profile page includes dynamic analisys of liquidity and financial strength of JSCo High-Speed Rail Lines. Calculation of financial strength rating is based upon JSCo Russian railways methodics. Moreover, it presents Cash flow statement by indirect method for JSCo High-Speed Rail Lines with the user-opportunity to change analitical period of cash flows of JSCo High-Speed Rail Lines. Cash flow statement by indirect metod illustrates the directions of cash flows of JSCo High-Speed Rail Lines in the certain period.

* This report is based upon web-open information and data including company annual reports and annual financial statements

 

Balance sheet JSCo High-Speed Rail Lines

Profits and losses statement JSCo High-Speed Rail Lines

*JSCo High-Speed Rail Lines

Foundation 2006
TIN 7708609931
PSRN 5067746318789
Web-site http://www.hsrail.ru
Specialization Construction
Holding

- Russian Railways Holding

I.Financial results review

  Units20122013201420152016
Revenues mln RUB208,0389,4659,6529,81 157,9
Expenses mln RUB236,1339,9573,6467,91 167,2
Operating expenses mln RUB236,1339,9358,5205,6783,1
General and Administrative expenses mln RUB0,00,0215,2262,3384,0
Commercial expenses mln RUB0,00,00,00,00,0
Operating income/loss mln RUB-28,149,586,061,9-9,2
Income/loss before taxation mln RUB-71,05,440,632,531,8
Net income/loss mln RUB-56,87,631,825,025,1
EBITDA mln RUB-8,395,3157,1194,8254,8
inc.Depreciation mln RUB0,00,00,03,69,0

Comparison of income, expenses and profit growth rates

  Units2013201420152016
Income growth rate %87,269,4-19,7118,6
Expenditure growth rate %43,968,8-18,4149,4
Operating expenses growth rate %43,95,5-42,7281,0
Commercial and Administrative expenses growth rate %0,00,021,946,4
Operating income growth rate %276,073,6-28,0-114,9
Profit before tax growth rate %107,6656,5-20,0-2,1

II.Return on capital

  Units Abbr.20122013201420152016
Return on Sales % ROS-27,301,964,824,722,17
Pretax Profit margin % PPM-34,131,386,166,132,75
Operating margin % OPM-13,5212,7213,0311,68-0,80
EBITDA profitability % EbitdaP-3,9824,4723,8236,7722,01
Return on Assets % ROA-3,580,481,480,650,36
Return on Invested Capital % ROIC1,4223,3517,0435,65-213,33
Weighted Average Cost of Capital % WACC-7,56,25,15,60,0
Cost of Equity % Re26,50,00,00,00,0
Cost of Debt % Rd3,75,45,35,56,3
Assets mln RUB A1 323,01 845,42 436,95 300,08 770,0
Equity mln RUB E-189,1-181,5-149,7-124,7-99,5
Longterm Debt mln RUB D439,3766,71 305,20,00,0
Invested Capital mln RUB IC250,2585,31 155,5-124,7-99,5
Net Assets mln RUB NA1 323,01 845,42 436,95 300,08 770,0

III.Working capital

  Units20122013201420152016
Working capital mln RUB360,9469,4642,12 631,72 847,5
Current assets mln RUB387,4617,8746,44 783,98 216,6
Inventories mln RUB0,30,40,133,221,9
Accounts receivable mln RUB296,4459,4487,22 297,54 712,5
Cash and cash equivalents mln RUB15,783,2184,3570,51 599,7
Curent financial assets mln RUB74,374,474,41 881,21 881,2
Other current assets mln RUB0,80,40,31,51,3
Current liabilities mln RUB26,5148,4104,32 152,35 369,1
Accounts payable mln RUB22,1128,962,92 131,55 301,9
Other current liabilities mln RUB4,419,541,420,867,2

Working capital turnover

  Units20122013201420152016
Working capital turnover days730,5389,2307,51 127,7865,9
Current assets turnover days884,4471,2377,51 905,02 054,6
Inventories turnover days0,60,30,111,58,7
Accounts receivable turnover days664,9354,2261,9959,21 107,8
Current liabilities turnover days153,982,069,9777,31 188,7
Accounts payable turnover days132,870,853,1755,91 174,8

IV.Liquidity and financial strength

Methodology for Financial strength evaluation

sustainable

satisf.

poor

crisis

  Units20122013201420152016
Financial strength Rating cat.DDDC3D
Financial strength Score point6,505,256,757,507,00
Level of financial strength -crisiscrisiscrisispoorcrisis
Liquidy coefficients
Current Ratio -0,36| 1p.0,49| 1p.0,58| 1p.0,88| 1p.0,93| 1p.
Quick Ratio -0,36| 1p.0,49| 1p.0,58| 2p.0,88| 3p.0,92| 3p.
Absolute Liquid Ratio -0,01| 2p.0,07| 3p.0,14| 3p.0,11| 3p.0,18| 4p.
Indexes of financial stability
Financial independence ratio --0,14| 1p.-0,10| 1p.-0,06| 1p.-0,02| 1p.-0,01| 1p.
Return indexes
Return on Sales %-27,30| 1p.1,96| 2p.4,82| 2p.4,72| 2p.2,17| 2p.
Resurn on Equity %30,65| 4p.-4,12| 1p.-19,20| 1p.-18,24| 1p.-22,43| 1p.
Return on Assets %-3,58| 1p.0,48| 2p.1,48| 2p.0,65| 2p.0,36| 2p.
Indexes of economic activity
Accounts receivable growth rate %-35,47| 4p.54,97| 1p.6,06| 2p.371,60| 1p.105,11| 1p.
Accounts payable growth rate %-82,88| 4p.484,22| 1p.-51,19| 4p.3 286,97| 1p.148,74| 1p.
Accounts receivable to Accounts payable ratio -13,43| 1p.3,56| 1p.7,74| 1p.1,08| 3p.0,89| 2p.
Accounts receivable to Accounts payable turnovers' ratio -5,01| 1p.5,01| 1p.4,93| 1p.1,27| 4p.0,94| 2p.

V.Cash flow statement indirect method

from till

  Units20122013201420152016
Cash at the beginning of the period mln RUB83,215,783,2184,3570,5
Net profit mln RUB-56,87,631,825,025,1
Amortization mln RUB0,00,00,03,69,0
Revaluation and deferred taxes [+] mln RUB2,3-2,38,87,53,3
Decrease in Inventories mln RUB0,1-0,10,3-33,111,3
Descrease in Accounts receivable mln RUB162,9-162,9-27,8-1 810,3-2 415,0
Increase in Accounts payable mln RUB-106,9106,9-66,02 068,63 170,4
Changes in other working capital mln RUB-15,515,522,0-21,846,7
Net cash used in investing activities mln RUB289,7-289,7-471,81 163,4-49,6
Net cash from financial activities mln RUB-392,6392,6603,9-1 016,6228,0
Contribution to share capital [+] mln RUB0,00,00,00,00,0
Dividends and other distrubution of net profit [-] mln RUB49,20,00,00,00,0
Cash at the end of the period mln RUB15,783,2184,3570,51 599,7

* This report is based upon web-open information and data including company annual reports and annual financial statements