Information agency Credinform has prepared a ranking of the largest Russian enterprises of grain wholesale. The enterprises with the highest volume of revenue (TOP-10 and TOP-100) were selected for the ranking, according to the data from the Statistical Register for the latest available accounting periods (2015 and 2014) (TOP-10 and TOP-100). Then they were ranked by decrease in net profit ratio in 2015 (Table 1).

Net profit ratio (%) is calculated as a relation of net profit (loss) to sales revenue and shows sales profit rate. There is no prescribed value for this ratio. It is recommended to compare companies within one industry or change of the ratio with time for the particular enterprise. Negative value of the indicator shows net loss. High value of the indicator demonstrates efficient work of an enterprise.

Taking into account the actual situation both for the economy in general and in industries, experts of the Information agency Credinform, developed and realized in the Information and Analytical system Globas® calculation of actual values of financial ratios that can be normal for the particular industry. For grain wholesale companies actual value of the net profit ratio in 2015 was 0,19%.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all available combination of financial indicators and ratios.

The average of sales profit ratio in 2015 in the TOP-10 and TOP-100 groups is higher than the practical value (marked with green and yellow filling, correspondingly, in the Table 1 and Picture 1).

Picture 1. Net profit ratio and revenue of the largest Russian enterprises of grain wholesale (TOP-10)

Revenue volume of the 10 largest companies in 2015 was 49% of the total revenue in the industry. This demonstrates relatively high level of monopolization in the industry. Besides, revenue volume of the largest companies in the industry belonging to the International grain company group (LLC INTERNATIONAL GRAIN COMPANY, LLC GLENKOR AGRO KUBAN , LIABILITY MZK-ROSTOV) was 23% of the total revenue of the 100 largest companies (Picture 2).

Picture 2. Shares of the TOP-10 companies in the total revenue of 2015 of the TOP-100 group, %

Nine out of TOP-10 companies have got the highest or high solvency index Globas®, that shows their ability to pay the debts in time and fully.

LLC GRAVIT has got satisfactory solvency index Globas® because of the information about the participation as a defendant in arbitration court proceedings in terms of debt collection and loss in the balance sheets. Projected growth of the index is stable.

Three companies out of TOP-10 in 2015 decreased their indicators of revenue or net profit compared to the previous period (marked with red filling in the Table 1).

In the TOP-100 group in 2014 10 loss-making companies were observed, in 2015 their amount decreased to 6. Besides, average loss 83% decreased. For other TOP-100 companies average profit almost 2,5 times increased (Picture 3).

Picture 3. Amount of loss-making companies and their average loss, average profit in the TOP-100 companies in 2014 – 2015.

Dynamics of the industrial ratios of net profit (Picture 4) shows macroeconomic situation in the country in general.

Picture 4. Average industrial values of the net profit ratio of the largest Russian enterprises of grain wholesale in 2006 – 2015

Indicators of the industry in monetary terms in general also show macroeconomic tendencies with correction to peculiar dependence of grain market on weather conditions that is confirmed by the data of the Federal State Statistics Service (Picture 5 and Table 2).

Picture 5. Rates of increase (decrease) in revenue from grain wholesale in monetary terms, year to year, %

For the last 10 years the highest revenue volume on grain wholesale was observed in 2016. (Table 2).

*) in the Table 2 decrease in wholesale volume is marked with red filling and increase in wholesale volume with green one

Besides, according to the Ministry of Agriculture of the RF, grain gross collection has an increasing tendency (Table 3).

*) in the Table 3 decrease in agriculture crops collection volume is marked with red filling and increase is marked with green one

Probably, for this reason growing interest of business for wholesale grain market is observed recently. This can be illustrated by the data from the Information and Analytical system Globas® , according to that 37% companies of the 100 largest in terms of revenue volume for 2015 were founded in 2013 – 2014 (Picture 6).

Picture 6. Distribution of the 100 largest Russian wholesale grain companies in terms of years of foundation.

Wholesale grain enterprises are distributed through the territory of the country irregularly, with maximum concentration on regions having favourable environment for grain cultivation. This is confirmed by the data from the Information and analytical system Globas®, according to that 100 largest companies with the highest revenue volume for 2015 are registered only in 20 regions of Russia (Picture 7).

Picture 7. Distribution of the 100 largest grain wholesale enterprises through regions of Russia