Profitability of sales of the largest jewellery retailers by 2020 results
Information agency Credinform has prepared a ranking of Russian jewellery retailers. The largest enterprises (TOP-10 and TOP-500) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018-2020). Then the companies were ranged by profitability of sales ratio (Table 1). The company selection and analysis were based on the data from the Information and Analytical system Globas.
The rage of ratio’s values within companies of the same industry is defined by the differences in competitive strategies and product lines.
The calculation of practical values of financial indicators, which might be considered as normal for a certain industry, has been developed and implemented in the Information and Analytical system Globas by the experts of Information Agency Credinform, taking into account the actual situation of the economy as a whole and the industries. The practical value of profitability of sales ratio for the jewellery retailers is from 2,04 to 16,56 %%.
For the most full and fair opinion about the company’s financial position, the whole set of financial indicators and ratios of the company should be taken into account.
|Name, INN, region||Revenue,million RUB||Net profit (loss),million RUB||Profitability of sales, %||Solvency index Globas|
|LLC ZOLOTO YUGA
INN 6164304062 Rostov region
INN 7805555551 St. Petersburg
INN 6163095867 Rostov region
|LLC ZOLOTO URALA
INN 6670352263 Sverdlovsk region
|LLC STOLITSA DAIMOND
INN 9705071310 Moscow
|LLC M STIL
INN 5032231313 Moscow region
|6 208,0||7 037,9||416,7||1 256,4||10,92||26,90||224 Strong|
|LLC BULGARI RUSSIA
INN 7710969160 Moscow
|1 404,2||1 655,3||-66,3||143,0||2,51||18,21||290 Medium|
|LLC JEWELLERY HOUSE KRISTALL
INN 4824030956 Lipetsk region
|2 621,5||2 391,8||7,0||161,2||7,48||13,95||226 Strong|
INN 7743765161 Moscow
|5 374,8||3 761,6||64,6||-639,6||17,37||3,32||338 Adequate|
|LLC EPL Diamond Jewelry
INN 1435171885 Moscow
|1 572,4||1 405,9||83,2||-30,2||6,84||0,88||306 Adequate|
|Average value for TOP-10 companies||2 082,3||2 018,7||129,5||170,5||17,79||21,35|
|Average value for TOP-500 companies||88,3||81,4||7,7||10,0||6,38||5,66|
growth of indicator in comparison with prior period, decline of indicator in comparison with prior period
In 2020, only two companies from the TOP-10 list have the profitability of sales ratios within the industry average practical value.
The average value of profitability of sales for TOP-10 companies is higher and TOP-500 is lower than the values for the previous year. In 2020, two companies showed the decrease in revenue and five companies demonstrated the decrease in 2019.
At the same time, in 2020, six companies increased revenue and seven companies increased net profit. However, the TOP-10 revenue on average decreased by 3% and the TOP-500-by almost 8%. Along with this, the TOP-10 and TOP-500 profit increased by almost 32% and 30% respectively. Companies with large amount of revenue for 2019 have the largest losses.
In general, during the last 10 years, the growth of average industry indicators of profitability of sales ratio was observed 5 times. The ratio reached its highest values in 2016, and the worst result is shown in 2019 (Picture 1).