ТОP-10 of microfinance companies by net profit ratio

ranking 27/09/2019

Information agency Credinform has prepared a ranking of the largest Russian microfinance companies. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the available periods (2016-2018). Then the companies were ranged by net profit ratio (Table 1). The analysis was 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 dynamics of a ratio 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. Net profit, revenue, net profit ratio, solvency index Globas of the largest microfinance companies (ТОP-10)
Name, INN, region Revenue, billion RUB Net profit (loss), billion RUB Net profit ratio, % Solvency index Globas
2017 2018 2017 2018 2017 2018
1 2 3 4 5 6 7 8
LLC MKK MOL BULAK
INN 7728744752 Moscow
up1,448 na up0,452 na up31,23 na 219 Strong
LLC MKK SIBIRINVEST
INN 5408271207 Novosibirsk region
up0,070 na up0,011 na up15,98 na 228 Strong
ANO RRAPP
INN 6164109350 Rostov region
up0,094 na up0,011 na up11,28 na 239 Strong
LLC MFK PROSTODENGI
INN 4205219217 Novosibirsk region
down1,350 up1,451 up0,132 up0,355 up9,81 na 211 Strong
LLC MKK KASSA №1
INN 274169217 The Republic of Bashkortostan
up0,360 up0,455 up0,013 up0,051 down3,48 up11,30 227 Strong
LLC MFK 4FINANS
INN 7724351447 Moscow
In process of reorganization in the form of acquisition of other legal entities, 17/07/2019
up0,876 na down0,021 na down2,39 na 284 Medium
LLC MONEY MAN
INN 7704784072 Moscow
up4,457 na down0,041 na down0,93 na 257 Medium
LLC MFK VEBBANKIR
INN 7733812126 Moscow
up1,332 na down0,000 na down-0,02 na 279 Medium
LLC MKK DZHET MANI MIKROFINANS
INN 5042119198 Moscow
down2,019 down1,114 down-0,709 up-0,113 down-35,13 up-10,14 336 Adequate
NAO MKK DENGI SRAZU
INN 6454074861 Saratov region
down0,144 down0,101 down-0,078 up0,004 down-53,96 up4,45 230 Strong
Total for TOP-10 companies up12,151   down-0,106      
Average value for TOP-10 companies up1,215   down-0,011   down-1,40  
Average industry value up0,016   up0,013   81,74  

Up growth of indicator in comparison with prior period, Down decline of indicator in comparison with prior period.

In 2017, the average value of net profit ratio for TOP-10 companies is lower than average industry value: four companies improved the results.
*) 2018 data is for the reference.

Picture 1. Net profit ratio and revenue of the largest microfinance companies (ТОP-10) Picture 1. Net profit ratio and revenue of the largest microfinance companies (ТОP-10)

Within 7 years, the average industry indicators of the net profit ratio showed the growing tendency. (Picture 2).

Picture 2. Change in average industry values of the net profit ratio of microfinance companies in 2011 – 2017 Picture 2. Change in average industry values of the net profit ratio of microfinance companies in 2011 – 2017