Financial analysis of JSCo «WRC-1»
This financial profile page contains financial analisys of financial reports of JSCo «WRC-1». Financial analysis of financial reports of JSCo «WRC-1» includes the analisys of income, income and expenses growth rates, analisys of working capital structure and annual dynamics. JSCo «WRC-1» .
Financial reports of JSCo «WRC-1»
This financial profile page of JSCo «WRC-1» cosists of links to annual financial reports of JSCo «WRC-1». Flexible and user-friendly web-instruments enable horizontal and vertical analisys of indexes of financial reports of JSCo «WRC-1».
Liquidity and financial strength of JSCo «WRC-1»
This financial profile page includes dynamic analisys of liquidity and financial strength of JSCo «WRC-1». Calculation of financial strength rating is based upon JSCo «Russian railways» methodics. Moreover, it presents Cash flow statement by indirect method for JSCo «WRC-1» with the user-opportunity to change analitical period of cash flows of JSCo «WRC-1». Cash flow statement by indirect metod illustrates the directions of cash flows of JSCo «WRC-1» 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 «WRC-1»
Profits and losses statement JSCo «WRC-1»
*JSCo «WRC-1»
Foundation | 2011 |
TIN | 7708737490 |
PSRN | 1117746294104 |
Web-site | http://www.1vrk.ru |
Specialization | Rail cars maintainance and repairs |
Holding |
- Russian Railways Holding |
JSCo «WRC-1» was established in the year of 2011 by recieving part of business units of Central direction of wagon repairs - filial of JSco Russian Railways, which operated in the period of 2006-2011.
I.Financial results review
Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
Revenues | mln RUB | 22 278,1 | 16 008,9 | 10 637,2 | 10 619,3 | 11 700,6 |
Expenses | mln RUB | 21 714,1 | 15 759,2 | 10 036,7 | 10 000,8 | 10 748,3 |
Operating expenses | mln RUB | 21 714,1 | 15 759,2 | 10 036,7 | 10 000,8 | 10 748,3 |
General and Administrative expenses | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Commercial expenses | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Operating income/loss | mln RUB | 563,9 | 249,6 | 600,5 | 618,5 | 952,3 |
Income/loss before taxation | mln RUB | 294,2 | 702,9 | 246,6 | 218,1 | 500,7 |
Net income/loss | mln RUB | 67,1 | 613,8 | 42,6 | 110,9 | 300,5 |
EBITDA | mln RUB | 342,5 | 711,7 | 279,1 | 881,7 | 1 056,9 |
inc.Depreciation | mln RUB | 0,0 | 0,0 | 0,0 | 663,6 | 556,1 |
Comparison of income, expenses and profit growth rates
Units | 2013 | 2014 | 2015 | 2016 | |
Income growth rate | % | -28,1 | -33,6 | -0,2 | 10,2 |
Expenditure growth rate | % | -27,4 | -36,3 | -0,4 | 7,5 |
Operating expenses growth rate | % | -27,4 | -36,3 | -0,4 | 7,5 |
Commercial and Administrative expenses growth rate | % | -100,0 | 0,0 | 0,0 | 0,0 |
Operating income growth rate | % | -55,7 | 140,5 | 3,0 | 54,0 |
Profit before tax growth rate | % | 139,0 | -64,9 | -11,5 | 129,5 |
II.Return on capital
Units | Abbr. | 2012 | 2013 | 2014 | 2015 | 2016 | |
Return on Sales | % | ROS | 0,30 | 3,83 | 0,40 | 1,04 | 2,57 |
Pretax Profit margin | % | PPM | 1,32 | 4,39 | 2,32 | 2,05 | 4,28 |
Operating margin | % | OPM | 2,53 | 1,56 | 5,65 | 5,82 | 8,14 |
EBITDA profitability | % | EbitdaP | 1,54 | 4,45 | 2,62 | 8,30 | 9,03 |
Return on Assets | % | ROA | 0,38 | 3,74 | 0,26 | 0,67 | 1,78 |
Return on Invested Capital | % | ROIC | 0,91 | 4,86 | 0,55 | 0,76 | 2,03 |
Weighted Average Cost of Capital | % | WACC | 0,0 | 3,5 | 3,8 | 0,7 | 0,7 |
Cost of Equity | % | Re | 0,0 | 3,5 | 3,8 | 0,7 | 0,7 |
Cost of Debt | % | Rd | 0,0 | 2,3 | 8,5 | 0,0 | 0,0 |
Assets | mln RUB | A | 16 366,4 | 16 415,1 | 16 335,6 | 16 575,1 | 17 127,9 |
Equity | mln RUB | E | 12 730,1 | 12 890,9 | 14 667,9 | 14 676,5 | 14 873,8 |
Longterm Debt | mln RUB | D | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Invested Capital | mln RUB | IC | 12 730,1 | 12 890,9 | 14 667,9 | 14 676,5 | 14 873,8 |
Net Assets | mln RUB | NA | 16 366,4 | 16 407,6 | 16 332,7 | 16 574,0 | 17 127,0 |
III.Working capital
Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
Working capital | mln RUB | 1 256,5 | 1 905,0 | 1 525,8 | 1 709,9 | 2 189,8 |
Current assets | mln RUB | 4 849,1 | 4 619,2 | 3 106,1 | 3 485,2 | 4 322,4 |
Inventories | mln RUB | 2 286,4 | 2 980,1 | 1 598,3 | 1 628,6 | 1 501,0 |
Accounts receivable | mln RUB | 1 874,3 | 1 096,1 | 1 259,2 | 1 665,4 | 2 275,0 |
Cash and cash equivalents | mln RUB | 655,9 | 392,1 | 214,2 | 161,6 | 501,9 |
Curent financial assets | mln RUB | 0,0 | 0,0 | 0,0 | 0,0 | 0,0 |
Other current assets | mln RUB | 32,6 | 150,9 | 34,4 | 29,6 | 44,6 |
Current liabilities | mln RUB | 3 592,6 | 2 714,1 | 1 580,3 | 1 775,2 | 2 132,7 |
Accounts payable | mln RUB | 3 322,6 | 2 472,1 | 1 371,8 | 1 556,1 | 1 866,1 |
Other current liabilities | mln RUB | 270,0 | 242,1 | 208,5 | 219,1 | 266,6 |
Working capital turnover
Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
Working capital turnover | days | 21,0 | 36,0 | 58,9 | 55,6 | 61,0 |
Current assets turnover | days | 102,6 | 107,9 | 132,5 | 113,3 | 122,1 |
Inventories turnover | days | 49,8 | 60,0 | 78,6 | 55,5 | 48,9 |
Accounts receivable turnover | days | 41,1 | 33,9 | 40,4 | 50,3 | 61,6 |
Current liabilities turnover | days | 81,6 | 71,9 | 73,7 | 57,7 | 61,1 |
Accounts payable turnover | days | 77,3 | 66,1 | 65,9 | 50,3 | 53,5 |
IV.Liquidity and financial strength
Methodology for Financial strength evaluation
sustainable
satisf.
poor
crisis
Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
Financial strength Rating | cat. | B3 | C1 | B3 | B3 | B1 |
Financial strength Score | point | 10,50 | 10,00 | 11,00 | 11,00 | 12,75 |
Level of financial strength | - | satisf. | poor | satisf. | satisf. | satisf. |
Liquidy coefficients | ||||||
Current Ratio | - | 1,35| 3p. | 1,33| 3p. | 1,97| 3p. | 1,96| 3p. | 2,03| 4p. |
Quick Ratio | - | 0,70| 2p. | 0,43| 1p. | 0,93| 3p. | 1,03| 4p. | 1,30| 4p. |
Absolute Liquid Ratio | - | 0,18| 4p. | 0,11| 3p. | 0,14| 3p. | 0,09| 3p. | 0,24| 4p. |
Indexes of financial stability | ||||||
Financial independence ratio | - | 0,78| 3p. | 0,79| 3p. | 0,90| 4p. | 0,89| 4p. | 0,87| 4p. |
Return indexes | ||||||
Return on Sales | % | 0,30| 2p. | 3,83| 2p. | 0,40| 2p. | 1,04| 2p. | 2,57| 2p. |
Resurn on Equity | % | 0,53| 2p. | 4,79| 3p. | 0,31| 2p. | 0,76| 2p. | 2,03| 3p. |
Return on Assets | % | 0,38| 2p. | 3,74| 2p. | 0,26| 2p. | 0,67| 2p. | 1,78| 2p. |
Indexes of economic activity | ||||||
Accounts receivable growth rate | % | -40,19| 4p. | -41,52| 4p. | 14,88| 1p. | 32,26| 1p. | 36,60| 1p. |
Accounts payable growth rate | % | -45,46| 4p. | -25,60| 4p. | -44,51| 4p. | 13,44| 1p. | 19,92| 1p. |
Accounts receivable to Accounts payable ratio | - | 0,56| 1p. | 0,44| 1p. | 0,92| 2p. | 1,07| 3p. | 1,22| 4p. |
Accounts receivable to Accounts payable turnovers' ratio | - | 0,53| 2p. | 0,51| 2p. | 0,61| 2p. | 1,00| 2p. | 1,15| 4p. |
V.Cash flow statement indirect method
Units | 2012 | 2013 | 2014 | 2015 | 2016 | |
Cash at the beginning of the period | mln RUB | 683,7 | 655,9 | 392,1 | 214,2 | 161,6 |
Net profit | mln RUB | 67,1 | 613,8 | 42,6 | 110,9 | 300,5 |
Amortization | mln RUB | 0,0 | 0,0 | 0,0 | 663,6 | 556,1 |
Revaluation and deferred taxes [+] | mln RUB | 85,3 | 3,3 | 2 331,3 | -2 157,8 | 3,5 |
Decrease in Inventories | mln RUB | 1 490,7 | -693,7 | 1 381,8 | -30,3 | 127,6 |
Descrease in Accounts receivable | mln RUB | 1 259,3 | 778,1 | -163,1 | -406,2 | -609,5 |
Increase in Accounts payable | mln RUB | -2 769,7 | -850,6 | -1 100,3 | 184,3 | 310,0 |
Changes in other working capital | mln RUB | 34,6 | -146,1 | 82,9 | 15,4 | 32,4 |
Net cash used in investing activities | mln RUB | -173,2 | -278,7 | -1 433,5 | -524,1 | -271,6 |
Net cash from financial activities | mln RUB | 0,0 | 766,5 | -766,5 | 0,0 | 0,0 |
Contribution to share capital [+] | mln RUB | 0,0 | 0,0 | 0,0 | 2 199,5 | 0,0 |
Dividends and other distrubution of net profit [-] | mln RUB | -21,8 | -456,4 | -553,1 | -108,0 | -108,7 |
Cash at the end of the period | mln RUB | 655,9 | 392,1 | 214,2 | 161,6 | 501,9 |
* This report is based upon web-open information and data including company annual reports and annual financial statements