Activity trends of the largest Russian companies engaged in recycling of scrap and waste of precious metals
Information agency Credinform has prepared a review of trends of the largest Russian companies engaged in recycling of scrap and waste of precious metal.
The largest companies (TOP-500) in terms of annual revenue were selected for the analysis according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2014-2019). The analysis was based on the data of the Information and Analytical system Globas.
The largest company in term of net assets is JSC INCORPARATED ELECTROTECHNICAL PLANTS, INN 7716523950, Moscow. In 2019, net assets value of the company amounted to 3,4 billion RUB.
The lowest net assets value among TOP-500 belonged to LLC LOMPROM ROSTOV, INN 6155043760, Rostov region. In 2019, insufficiency of property of the organization was indicated in negative value of -6,2 billion RUB.
Covering the six-year period, the average net assets values have a trend to decrease with an increasing growth rate (Picture 1).
Over the past six years, the share of companies with insufficient property had a trend to decrease (Picture 2).
In 2019, the revenue volume of 10 largest companies of the industry was 59% of total TOP-500 revenue (Picture 3). This is indicative of relatively high level of monopolization in the industry.
In general, there is a trend to increase in revenue with increasing growth rate (Picture 4).
Profit and loss
The largest organization in term of net profit is JSC INCORPARATED ELECTROTECHNICAL PLANTS, INN 7716523950, Moscow. The company’s profit for 2019 reached 272 million RUB.
Covering the six-year period, there is a trend to increase in average net profit with decreasing growth rate (Picture 5).
For the six-year period, the average net profit values of TOP-5400 have the increasing trend with the increasing net loss (Picture 6).
Key financial ratios
Covering the six-year period, the average values of the current liquidity ratio were above the recommended one - from 1,0 to 2,0 with a trend to increase (Picture 7).
Covering the six-year period, the average values of ROI ratio have a trend to decrease (Picture 8).
Covering the six-year period, business activity ratio demonstrated the decreasing trend (Picture 9).
96% of TOP-1000 organizations are registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation. Their share in total revenue of TOP-500 is 40% that is almost double the national average in 2018-2019 (Picture 10).
Main regions of activity
Companies of TOP-500 are registered in 72 regions of Russia, and unequally located across the country. Almost 78% of companies largest by revenue are located in 10 regions (Picture 11).
Financial position score
Assessment of the financial position of TOP-500 companies shows that the majority of them have average financial position (Picture 12).
Complex assessment of activity of the largest Russian companies engaged in recycling of scrap and waste of precious metal, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of positive trends in the industry in 2014 - 2019 (Table 1).
|Trends and evaluation factors||Relative share of factors, %|
|Dynamics of the average net assets value||-10|
|Rate of growth (decrease) in the average size of net assets||10|
|Increase (decrease) in the share of enterprises with negative values of net assets||10|
|Level of competition / monopolization||-10|
|Dynamics of the average revenue||10|
|Rate of growth (decrease) in the average size of revenue||10|
|Dynamics of the average profit (loss)||-10|
|Growth / decline in average values of companies’ net profit||10|
|Growth / decline in average values of companies’ net loss||-10|
|Increase / decrease in average values of total liquidity ratio||5|
|Increase / decrease in average values of return on investment ratio||-5|
|Increase / decrease in average values of asset turnover ratio, times||-10|
|Share of small and medium-sized businesses in terms of revenue being more than 22%||10|
|Financial position (the largest share)||5|
|Solvency index Globas (the largest share)||10|
|Average value of relative share of factors||0,9|
positive trend (factor), negative trend (factor).