Net profit ratio of the largest plastic package manufacturers in Russia

ranking 21/02/2017

Information agency Credinform has prepared the ranking of the largest plastic package manufacturers in Russia. Manufacturers of plastic package having the largest annual revenue in the industry (TOP-10) for the last available in the Statistical register period (2015 and 2014) were taken for the ranking. Further they were ranked on the net profit ratio (Table 1).

The net profit ratio (%) is calculated as a ratio of the net profit (loss) to sales revenue. The ratio shows the rate of companies’ sales profit. There aren’t any standard values of the indicator. It is recommended to compare companies belonging to one industry or the change of the ratio with time by a certain enterprise. The negative value of the indicator shows that there is a net loss. The more the value of indicator is, the more effective the enterprise works.

In order to get the full and fair picture of the company’s financial situation, it is necessary to pay attention not only to compatibility with standard values, but also to all the available complex of financial indicators and ratios.

Table 1. Net profit, revenue, net profit ratio, solvency index Globas-i® of the largest plastic package manufacturers in Russia (TOP-10)
NameNet profit 2015, mln RUBRevenue 2015, mln RUBRevenue 2015 to 2014, +/- %Net profit ratio 2014, %Net profit ratio 2015, %Solvency index Globas-i®
I-PLAST
INN 1651057721 Republic of Tatarstan
679,6 3 787,8 19 16,21 17,94 210
High
JSC Polimerbyt
INN 7721035813 Moscow
476,1 2 743,4 18 19,69 17,36 227
High
JSC SEALED AIR KAUSTIK
INN 3448003994 Volgograd region
741,4 4 915,2 26 11,92 15,08 153
Prime
LLC Alpla
INN 5056000026 Moscow region
786,8 6 694,7 33 5,29 11,75 170
Prime
BIAXPLEN T LLC
INN 7017296800 Tomsk region
293,8 3 849,3 84 -0,19 7,63 286
High
JSC RETAL
INN 7704521059 Moscow region
705,4 16 072,9 17 1,96 4,39 210
High
JSC DANAFLEX
INN 1622003425 Republic of Tatarstan
96,1 2 885,3 26 0,41 3,33 235
High
Huhtamaki S.N.G.
INN 7724000760 Moscow region
150,6 5 074,4 21 1,35 2,97 218
High
OOO POLYMER
INN 6724001017 Smolensk region
88,7 3 368,8 59 0,00 2,63 229
High
NAO ARTPLAST
INN 5037050871 Moscow
45,9 4 784,6 14 0,22 0,96 219
High
Total for TOP-10 group of companies 4 064,4 54 176,4 26* 5,69* 8,40*  
Total for TOP-100 group of companies 4 868,8 141 490,5 30* -0,71** 1,73**  

*) - group of companies average value
**) - industry average value

The average value of net profit ratio in the group of companies TOP-10 in 2015 is notably higher than industry-average value. At the same time the indicator value of nine companies of the TOP-10 in 2015 increased comparing to the previous period. Indicator value of JSC Polimerbyt decreased by 2,33%.

Net profit ratio of the largest plastic package manufacturers in Russia (TOP-10)
Figure 1. Net profit ratio of the largest plastic package manufacturers in Russia (TOP-10)

The revenue volume of the 10 largest companies amounts to 38% of the total revenue of 100 largest companies. It gives evidence to low monopolization rate and high competition in this industry. For example, the share of the company largest by the revenue volume in 2015 – JSC RETAL – amounted to 11% in the total revenue of the TOP-100 group of companies (Figure 2).

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

All of the TOP-10 companies were given prime or high solvency index Globas-i®, which bears evidence to their ability to meet debt obligations timely and full. All TOP-10 companies in 2015 increased their net profit and revenue comparing to the previous period.

The indicators of plastic package manufacture by volume over the 2010 to 2016 period aren’t stable, which is confirmed by the data of the Federal State Statistics Service (Rosstat) (Table 2).

Table 2. Growth / decline rates of products manufacture by volume from year to year, +/- %
Types of products201120122013201420152016
Bottles, flasks and similar items made from polymer 3,4 26,1 11,7 2,5 4,9 15,1
Other polymer packaging items 50,6 14,7 5,5 -2,9 2,8 6,5
Sacks and bags made from polymer 6,7 43,8 25,5 -3,4 2,3 20,6
Polyvinylchloride and polystyrene films 15,3 1,7 3,0 231,4 -43,2 -46,1
Polymer reservoirs, tankers, containers and similar tanks with a capacity of more than 300 l 46,9 1,4 757,5 -47,1 -7,6 -86,3
Average value over all types of products 24,6 17,5 160,6 36,1 -8,2 -18,0

*) In the Table 2 the decline in production is highlighted with the red shading, the growth - with the green one. Color density depends on indicator value.

Manufacture of polymer bottles appeared to be the most stable over the 2010 to 2016 period.

Enterprises manufacturing plastic package are distributed in an uneven manner within country’s regions and gravitate to the developed industrial centers, having the infrastructure for high-tech manufacture. It is confirmed by the data of the Information and Analytical system Globas-i, according to which 100 companies industry-largest by the revenue volume for 2015 are registered in 33 regions of Russia (Figure 3).

Regional distribution of 100 largest manufacturers of plastic package in Russian regions
Figure 3. Regional distribution of 100 largest manufacturers of plastic package in Russian regions