Activity trends of the largest Russian wine producers
Information agency Credinform has prepared a review of activity trends of the largest Russian wine producers.
The largest companies (ТОP-100) engaged in grape growing and wine production in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2013 - 2018). The analysis was based on data of the Information and Analytical system Globas.
The largest winery in terms of net assets is NAO ABRAU-DYURSO, INN 2315092440, Krasnodar region. In 2018 net assets of the company amounted to more than 4,5 billion RUB. The smallest size of net assets in TOP-100 had LLC LAZURNAYA YAGODA, INN 2309107440, Krasnodar region. The lack of property of the company in 2018 was expressed in negative terms -1,7 billion RUB.
For the last ten years, the average values of net assets showed the growing tendency (Picture 1).
For the last five years, the share of ТОP-100 enterprises with lack of property showed the decreasing tendency (Picture 2).
In 2018, the total revenue of 10 largest companies amounted to 53% from ТОP-100 total revenue (Picture 3). This fact testifies the high level of monopolization.
In general, the growing trend in sales revenue is observed (Picture 4).
Profit and loss
The largest company in terms of net profit is also NAO ABRAU-DYURSO, INN 2315092440, Krasnodar region. In 2018 the company’s profit amounted to 1,2 billion RUB.
For the last ten years, the average profit values were negative within four years. In general, the decreasing tendency is observed (Picture 5).
Over a five-year period, the average net profit values of ТОP-100 show the growing tendency, along with this the average net loss is decreasing (Picture 6).
Main financial ratios
For the last ten years, the average values of the current liquidity ratio were within the recommended values - from 1,0 to 2,0, with decreasing tendency (Picture 7).
For the last ten years, the growing tendency of ROI ratio is observed (Picture 8).
For the last ten years, this business activity ratio demonstrated the downward trend (Picture 9).
58% of ТОP-100 companies are registered in the Unified register of small and medium-sized enterprises of the Russian Federal Tax Service. Herein, their share in TOP-100 total revenue amounted to 21,4%, which is slightly lower than national average value (figure 10).
Main regions of activity
ТОP-100 companies are registered in 18 regions and unequally located across the country, taking into account the geographical location and climatic characteristics of the raw material base. More than 44% of the largest enterprises in terms of revenue are located in Krasnodar region (Picture 11).
Financial position score
An assessment of the financial position of TOP-100 companies shows that the largest part have the average financial position (Picture 12).
Solvency index Globas
Most of TOP-100 companies got superior/high or strong/medium Solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 13).
A complex assessment of the largest Russian wine producers, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of positive trends (Table 1).
|Trends and assessment factors||Relative share, %|
|Growth/drawdown rate of average net assets value||10|
|Increase / decrease in the share of enterprises with negative net assets||10|
|The level of competition / monopolization||-10|
|Growth/drawdown rate of average revenue||10|
|Growth/drawdown rate of average net profit (loss)||-10|
|Increase / decrease in average net profit of ТОP-100 companies||10|
|Increase / decrease in average net loss of ТОP-100 companies||10|
|Increase / decrease in average values of current liquidity ratio||-5|
|Increase / decrease in average values of ROI ratio||10|
|Increase / decrease in average values of assets turnover ratio, times||-10|
|Share of small and medium-sized businesses by revenue more than 22%||-5|
|Financial position (the largest share)||5|
|Solvency index Globas (the largest share)||10|
|Average value of factors||2,1|
favorable trend (factor), unfavorable trend (factor).