Financial analysis of JSCo «TSZ «Titran-Express»
This financial profile page contains financial analisys of financial reports of JSCo «TSZ «Titran-Express». Financial analysis of financial reports of JSCo «TSZ «Titran-Express» includes the analisys of income, income and expenses growth rates, analisys of working capital structure and annual dynamics. JSCo «TSZ «Titran-Express» .
Financial reports of JSCo «TSZ «Titran-Express»
This financial profile page of JSCo «TSZ «Titran-Express» cosists of links to annual financial reports of JSCo «TSZ «Titran-Express». Flexible and user-friendly web-instruments enable horizontal and vertical analisys of indexes of financial reports of JSCo «TSZ «Titran-Express».
Liquidity and financial strength of JSCo «TSZ «Titran-Express»
This financial profile page includes dynamic analisys of liquidity and financial strength of JSCo «TSZ «Titran-Express». Calculation of financial strength rating is based upon JSCo «Russian railways» methodics. Moreover, it presents Cash flow statement by indirect method for JSCo «TSZ «Titran-Express» with the user-opportunity to change analitical period of cash flows of JSCo «TSZ «Titran-Express». Cash flow statement by indirect metod illustrates the directions of cash flows of JSCo «TSZ «Titran-Express» 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 «TSZ «Titran-Express»
Profits and losses statement JSCo «TSZ «Titran-Express»
*JSCo «TSZ «Titran-Express»
| Foundation | 2002 |
| TIN | 4715012403 |
| PSRN | 1024701853032 |
| Web-site | http://www.tihvin-titran.ru |
| Specialization | Rail cars maintainance and repairs |
| Holding |
- United Wagon Company |
I.Financial results review
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Revenues | mln RUB | 3 611,3 | 1 534,4 | 512,8 | 583,6 | 1 167,6 |
| Expenses | mln RUB | 3 552,6 | 2 072,4 | 670,6 | 438,4 | 1 122,5 |
| Operating expenses | mln RUB | 3 410,1 | 1 969,6 | 599,5 | 400,3 | 1 068,6 |
| General and Administrative expenses | mln RUB | 142,4 | 102,8 | 71,1 | 38,1 | 53,9 |
| Commercial expenses | mln RUB | 40,6 | 3,3 | 1,6 | 0,0 | 0,0 |
| Operating income/loss | mln RUB | 18,2 | -541,3 | -159,3 | 145,2 | 45,0 |
| Income/loss before taxation | mln RUB | -18,7 | -602,0 | -209,4 | 102,6 | 0,6 |
| Net income/loss | mln RUB | -15,5 | -482,1 | -183,3 | 80,6 | -7,7 |
| EBITDA | mln RUB | 32,0 | -530,7 | -162,7 | 156,3 | 79,5 |
| inc.Depreciation | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Comparison of income, expenses and profit growth rates
| Units | 2013 | 2014 | 2015 | 2016 | |
| Income growth rate | % | -57,5 | -66,6 | 13,8 | 100,1 |
| Expenditure growth rate | % | -42,2 | -67,6 | -34,8 | 156,0 |
| Operating expenses growth rate | % | -42,2 | -69,6 | -33,2 | 167,0 |
| Commercial and Administrative expenses growth rate | % | -42,0 | -31,5 | -47,5 | 41,4 |
| Operating income growth rate | % | -3 076,7 | 70,6 | 191,1 | -69,0 |
| Profit before tax growth rate | % | -3 115,1 | 65,2 | 149,0 | -99,4 |
II.Return on capital
| Units | Abbr. | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Return on Sales | % | ROS | -0,43 | -31,42 | -35,75 | 13,81 | -0,66 |
| Pretax Profit margin | % | PPM | -0,52 | -39,23 | -40,84 | 17,59 | 0,05 |
| Operating margin | % | OPM | 0,50 | -35,27 | -31,07 | 24,87 | 3,86 |
| EBITDA profitability | % | EbitdaP | 0,89 | -34,58 | -31,72 | 26,79 | 6,81 |
| Return on Assets | % | ROA | -1,15 | -35,19 | -13,68 | 5,64 | -0,49 |
| Return on Invested Capital | % | ROIC | 9,51 | -109,13 | -104,28 | 40,25 | 10,05 |
| Weighted Average Cost of Capital | % | WACC | 3,2 | 11,5 | 13,5 | 12,7 | 8,7 |
| Cost of Equity | % | Re | -5,8 | 0,0 | 2,7 | 0,0 | 0,0 |
| Cost of Debt | % | Rd | 8,9 | 10,5 | 6,4 | 6,3 | 10,5 |
| Assets | mln RUB | A | 1 382,1 | 1 357,8 | 1 322,4 | 1 534,7 | 1 639,9 |
| Equity | mln RUB | E | 104,5 | -377,6 | -548,3 | -467,7 | 414,8 |
| Longterm Debt | mln RUB | D | 514,4 | 511,5 | 676,3 | 1 007,0 | 461,8 |
| Invested Capital | mln RUB | IC | 618,9 | 133,9 | 128,0 | 539,3 | 876,6 |
| Net Assets | mln RUB | NA | 1 382,1 | 1 357,8 | 1 322,4 | 1 534,7 | 1 639,9 |
III.Working capital
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital | mln RUB | 625,2 | 281,4 | -143,3 | -46,1 | 369,8 |
| Current assets | mln RUB | 1 286,9 | 1 216,5 | 1 046,0 | 927,7 | 1 109,4 |
| Inventories | mln RUB | 739,2 | 331,9 | 213,7 | 232,5 | 125,1 |
| Accounts receivable | mln RUB | 526,3 | 869,4 | 814,7 | 663,0 | 925,8 |
| Cash and cash equivalents | mln RUB | 0,4 | 14,8 | 13,4 | 28,0 | 54,2 |
| Curent financial assets | mln RUB | 20,9 | 0,4 | 0,0 | 0,0 | 0,0 |
| Other current assets | mln RUB | 0,1 | 0,0 | 4,2 | 4,2 | 4,2 |
| Current liabilities | mln RUB | 661,7 | 935,1 | 1 189,3 | 973,8 | 739,6 |
| Accounts payable | mln RUB | 634,5 | 932,6 | 1 183,5 | 964,3 | 726,8 |
| Other current liabilities | mln RUB | 27,2 | 2,6 | 5,9 | 9,5 | 12,8 |
Working capital turnover
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Working capital turnover | days | 63,4 | 107,8 | 49,2 | -59,2 | 50,7 |
| Current assets turnover | days | 126,1 | 297,8 | 805,2 | 617,2 | 319,3 |
| Inventories turnover | days | 89,8 | 127,4 | 194,2 | 139,5 | 56,0 |
| Accounts receivable turnover | days | 34,2 | 166,0 | 599,4 | 462,1 | 249,0 |
| Current liabilities turnover | days | 62,8 | 189,9 | 756,1 | 676,5 | 268,5 |
| Accounts payable turnover | days | 60,1 | 186,4 | 753,1 | 671,7 | 265,1 |
IV.Liquidity and financial strength
Methodology for Financial strength evaluation
sustainable
satisf.
poor
crisis
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Financial strength Rating | cat. | D | D | D | C3 | C1 |
| Financial strength Score | point | 6,50 | 6,50 | 6,25 | 8,00 | 9,50 |
| Level of financial strength | - | crisis | crisis | crisis | poor | poor |
| Liquidy coefficients | ||||||
| Current Ratio | - | 1,80| 3p. | 1,00| 2p. | 0,88| 1p. | 0,94| 1p. | 1,47| 3p. |
| Quick Ratio | - | 0,77| 3p. | 0,73| 2p. | 0,69| 2p. | 0,70| 2p. | 1,30| 4p. |
| Absolute Liquid Ratio | - | 0,00| 1p. | 0,01| 2p. | 0,01| 2p. | 0,03| 2p. | 0,07| 3p. |
| Indexes of financial stability | ||||||
| Financial independence ratio | - | 0,08| 1p. | -0,28| 1p. | -0,41| 1p. | -0,30| 1p. | 0,25| 1p. |
| Return indexes | ||||||
| Return on Sales | % | -0,43| 1p. | -31,42| 1p. | -35,75| 1p. | 13,81| 3p. | -0,66| 1p. |
| Resurn on Equity | % | -13,84| 1p. | 353,11| 4p. | 39,60| 4p. | -15,87| 1p. | 29,14| 4p. |
| Return on Assets | % | -1,15| 1p. | -35,19| 1p. | -13,68| 1p. | 5,64| 3p. | -0,49| 1p. |
| Indexes of economic activity | ||||||
| Accounts receivable growth rate | % | 255,04| 1p. | 65,21| 1p. | -6,29| 3p. | -18,63| 4p. | 39,65| 1p. |
| Accounts payable growth rate | % | 15,01| 1p. | 46,98| 1p. | 26,91| 1p. | -18,52| 4p. | -24,63| 4p. |
| Accounts receivable to Accounts payable ratio | - | 0,83| 2p. | 0,93| 2p. | 0,69| 1p. | 0,69| 1p. | 1,27| 4p. |
| Accounts receivable to Accounts payable turnovers' ratio | - | 0,57| 2p. | 0,89| 2p. | 0,80| 2p. | 0,69| 2p. | 0,94| 2p. |
V.Cash flow statement indirect method
| Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Cash at the beginning of the period | mln RUB | 1,1 | 0,4 | 14,8 | 13,4 | 28,0 |
| Net profit | mln RUB | -15,5 | -482,1 | -183,3 | 80,6 | -7,7 |
| Amortization | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
| Revaluation and deferred taxes [+] | mln RUB | -16,3 | -118,2 | -39,8 | 22,1 | 901,5 |
| Decrease in Inventories | mln RUB | 292,9 | 407,3 | 118,3 | -18,8 | 107,4 |
| Descrease in Accounts receivable | mln RUB | -378,0 | -343,2 | 54,7 | 151,8 | -262,9 |
| Increase in Accounts payable | mln RUB | 82,8 | 298,1 | 250,9 | -219,2 | -237,5 |
| Changes in other working capital | mln RUB | 2,1 | -24,5 | -0,9 | 3,6 | 3,3 |
| Net cash used in investing activities | mln RUB | 38,7 | 30,8 | -102,7 | -347,2 | 66,8 |
| Net cash from financial activities | mln RUB | -13,8 | 246,2 | -111,1 | 341,6 | -544,6 |
| 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 | 6,5 | 0,0 | 12,6 | -0,0 | 0,0 |
| Cash at the end of the period | mln RUB | 0,4 | 14,8 | 13,4 | 28,0 | 54,2 |
* This report is based upon web-open information and data including company annual reports and annual financial statements