Financial analysis of JSCo «RZD-Razvitie Vokzalov»
This financial profile page contains financial analisys of financial reports of JSCo «RZD-Razvitie Vokzalov». Financial analysis of financial reports of JSCo «RZD-Razvitie Vokzalov» includes the analisys of income, income and expenses growth rates, analisys of working capital structure and annual dynamics. JSCo «RZD-Razvitie Vokzalov» .
Financial reports of JSCo «RZD-Razvitie Vokzalov»
This financial profile page of JSCo «RZD-Razvitie Vokzalov» cosists of links to annual financial reports of JSCo «RZD-Razvitie Vokzalov». Flexible and user-friendly web-instruments enable horizontal and vertical analisys of indexes of financial reports of JSCo «RZD-Razvitie Vokzalov».
Liquidity and financial strength of JSCo «RZD-Razvitie Vokzalov»
This financial profile page includes dynamic analisys of liquidity and financial strength of JSCo «RZD-Razvitie Vokzalov». Calculation of financial strength rating is based upon JSCo «Russian railways» methodics. Moreover, it presents Cash flow statement by indirect method for JSCo «RZD-Razvitie Vokzalov» with the user-opportunity to change analitical period of cash flows of JSCo «RZD-Razvitie Vokzalov». Cash flow statement by indirect metod illustrates the directions of cash flows of JSCo «RZD-Razvitie Vokzalov» 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 «RZD-Razvitie Vokzalov»
Profits and losses statement JSCo «RZD-Razvitie Vokzalov»
*JSCo «RZD-Razvitie Vokzalov»
| Foundation | 2009 |
| TIN | 7709832072 |
| PSRN | 1097746366080 |
| Web-site | http://rzd-rv.ru |
| Specialization | Intercity passenger transportation |
| Holding |
- Russian Railways Holding |
I.Financial results review
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Revenues | mln RUB | 410,6 | 1 112,1 | 319,1 | 103,0 | 0,0 |
| Expenses | mln RUB | 484,1 | 1 271,1 | 572,5 | 163,6 | 10,8 |
| Operating expenses | mln RUB | 394,8 | 1 076,1 | 335,2 | 105,7 | 0,0 |
| General and Administrative expenses | mln RUB | 89,3 | 195,0 | 237,3 | 57,9 | 10,8 |
| Commercial expenses | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Operating income/loss | mln RUB | -73,5 | -159,0 | -253,4 | -60,7 | -10,8 |
| Income/loss before taxation | mln RUB | 17,4 | 26,8 | -146,5 | 9,9 | -126,1 |
| Net income/loss | mln RUB | 30,1 | 22,8 | -106,4 | 2,6 | -125,3 |
| EBIT | mln RUB | 27,0 | 96,6 | -32,7 | 83,5 | -106,4 |
Comparison of income, expenses and profit growth rates
| Units | 2013 | 2014 | 2015 | 2016 | |
| Income growth rate | % | 170,8 | -71,3 | -67,7 | -100,0 |
| Expenditure growth rate | % | 162,6 | -55,0 | -71,4 | -93,4 |
| Operating expenses growth rate | % | 172,6 | -68,9 | -68,5 | -100,0 |
| Commercial and Administrative expenses growth rate | % | 118,3 | 21,7 | -75,6 | -81,4 |
| Operating income growth rate | % | -116,3 | -59,3 | 76,1 | 82,3 |
| Profit before tax growth rate | % | 54,1 | -647,5 | 106,8 | -1 371,2 |
II.Return on capital
| Units | Abbr. | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Return on Sales | % | ROS | 7,34 | 2,05 | -33,34 | 2,54 | 0,00 |
| Pretax Profit margin | % | PPM | 4,23 | 2,41 | -45,89 | 9,64 | 0,00 |
| Operating margin | % | OPM | -17,90 | -14,30 | -79,40 | -58,92 | 0,00 |
| EBIT profitability | % | EbitP | 6,58 | 8,69 | -10,24 | 81,09 | 0,00 |
| Return on Assets | % | ROA | 2,72 | 1,40 | -4,28 | 0,11 | -5,46 |
| Return on Invested Capital | % | ROIC | 11,55 | 18,25 | 1,25 | 14,53 | -22,81 |
| Weighted Average Cost of Capital | % | WACC | 0,5 | 2,6 | 3,7 | 2,8 | 0,8 |
| Cost of Equity | % | Re | 0,5 | 0,5 | 0,0 | 0,0 | 0,0 |
| Cost of Debt | % | Rd | 8,9 | 10,0 | 10,3 | 7,2 | 1,9 |
| Assets | mln RUB | A | 832,5 | 2 406,5 | 2 568,5 | 2 349,5 | 2 239,9 |
| Equity | mln RUB | E | 358,7 | 379,4 | 273,0 | 275,6 | 150,3 |
| Longterm Debt | mln RUB | D | 0,0 | 276,9 | 250,0 | 250,0 | 250,0 |
| Invested Capital | mln RUB | IC | 358,7 | 656,3 | 523,0 | 525,6 | 400,3 |
| Net Assets | mln RUB | NA | 832,5 | 2 406,5 | 2 568,5 | 2 349,5 | 2 239,9 |
III.Working capital
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital | mln RUB | 355,5 | -141,5 | 1 128,3 | 1 175,5 | 1 079,1 |
| Current assets | mln RUB | 611,9 | 708,3 | 2 396,5 | 2 240,3 | 2 139,9 |
| Inventories | mln RUB | 5,5 | 54,2 | 17,9 | 10,7 | 10,9 |
| Accounts receivable | mln RUB | 469,7 | 499,3 | 563,2 | 408,4 | 311,7 |
| Cash and cash equivalents | mln RUB | 135,8 | 31,2 | 0,5 | 5,3 | 2,3 |
| Curent financial assets | mln RUB | 0,5 | 27,5 | 1 814,9 | 1 815,8 | 1 815,0 |
| Other current assets | mln RUB | 0,4 | 96,1 | 0,0 | 0,0 | 0,0 |
| Current liabilities | mln RUB | 256,3 | 849,8 | 1 268,2 | 1 064,8 | 1 060,8 |
| Accounts payable | mln RUB | 248,1 | 835,2 | 1 263,6 | 1 060,8 | 1 056,8 |
| Other current liabilities | mln RUB | 8,2 | 14,6 | 4,7 | 4,0 | 4,0 |
Working capital turnover
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital turnover | days | 304,5 | 35,1 | 564,3 | 4 083,6 | 0,0 |
| Current assets turnover | days | 888,4 | 216,6 | 1 775,5 | 8 219,2 | 0,0 |
| Inventories turnover | days | 7,7 | 9,8 | 41,2 | 50,8 | 0,0 |
| Accounts receivable turnover | days | 678,5 | 159,0 | 607,6 | 1 722,2 | 0,0 |
| Current liabilities turnover | days | 583,8 | 181,5 | 1 211,2 | 4 135,6 | 0,0 |
| Accounts payable turnover | days | 578,7 | 177,8 | 1 200,1 | 4 120,2 | 0,0 |
IV.Liquidity and financial strength
Methodology for Financial strength evaluation
sustainable
satisf.
poor
crisis
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Financial strength Rating | cat. | B2 | D | D | C2 | C3 |
| Financial strength Score | point | 11,25 | 6,25 | 6,25 | 9,00 | 7,50 |
| Level of financial strength | - | satisf. | crisis | crisis | poor | poor |
| Liquidy coefficients | ||||||
| Current Ratio | - | 1,29| 3p. | 0,40| 1p. | 1,17| 2p. | 1,23| 3p. | 1,16| 2p. |
| Quick Ratio | - | 1,28| 4p. | 0,32| 1p. | 1,16| 4p. | 1,22| 4p. | 1,16| 4p. |
| Absolute Liquid Ratio | - | 0,29| 4p. | 0,02| 2p. | 0,00| 1p. | 0,00| 1p. | 0,00| 1p. |
| Indexes of financial stability | ||||||
| Financial independence ratio | - | 0,43| 1p. | 0,16| 1p. | 0,11| 1p. | 0,12| 1p. | 0,07| 1p. |
| Return indexes | ||||||
| Return on Sales | % | 7,34| 3p. | 2,05| 2p. | -33,34| 1p. | 2,54| 2p. | 0,00| 2p. |
| Resurn on Equity | % | 8,75| 4p. | 6,17| 4p. | -32,62| 1p. | 0,95| 2p. | -58,86| 1p. |
| Return on Assets | % | 2,72| 2p. | 1,40| 2p. | -4,28| 1p. | 0,11| 2p. | -5,46| 1p. |
| Indexes of economic activity | ||||||
| Accounts receivable growth rate | % | -55,39| 4p. | 6,31| 2p. | 12,78| 1p. | -27,48| 4p. | -23,69| 4p. |
| Accounts payable growth rate | % | -76,38| 4p. | 236,60| 1p. | 51,29| 1p. | -16,05| 4p. | -0,38| 3p. |
| Accounts receivable to Accounts payable ratio | - | 1,89| 1p. | 0,60| 1p. | 0,45| 1p. | 0,39| 1p. | 0,29| 1p. |
| Accounts receivable to Accounts payable turnovers' ratio | - | 1,17| 4p. | 0,89| 2p. | 0,51| 2p. | 0,42| 1p. | 0,34| 1p. |
V.Cash flow statement indirect method
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Cash at the beginning of the period | mln RUB | 316,9 | 135,8 | 31,2 | 0,5 | 5,3 |
| Net profit | mln RUB | 30,1 | 22,8 | -106,4 | 2,6 | -125,3 |
| Amortization | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Revaluation and deferred taxes [+] | mln RUB | -12,8 | 4,0 | -39,0 | 7,3 | -0,8 |
| Decrease in Inventories | mln RUB | 6,3 | -48,7 | 36,3 | 7,1 | -0,1 |
| Descrease in Accounts receivable | mln RUB | 583,1 | -29,7 | -63,8 | 154,7 | 96,7 |
| Increase in Accounts payable | mln RUB | -802,3 | 587,1 | 428,4 | -202,7 | -4,1 |
| Changes in other working capital | mln RUB | 4,5 | -89,2 | 86,1 | -0,7 | 0,0 |
| Net cash used in investing activities | mln RUB | -205,5 | -1 481,4 | 1 566,3 | 55,4 | 10,0 |
| Net cash from financial activities | mln RUB | 217,1 | 932,6 | -1 937,4 | -19,1 | 20,6 |
| Contribution to share capital [+] | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Dividends and other distrubution of net profit [-] | mln RUB | -1,6 | -2,0 | -1,1 | 0,0 | -0,0 |
| Cash at the end of the period | mln RUB | 135,8 | 31,2 | 0,5 | 5,3 | 2,3 |
* This report is based upon web-open information and data including company annual reports and annual financial statements