Information agency Credinform represents a ranking of the largest Russian enterprises engaged in processing and preserving fish and seafood. The companies with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (2015 - 2017). They were ranked by equity turnover ratio (Table 1). The analysis was based on the data of the Information and Analytical System Globas.
The ratio indicates the rate of equity turnover. High value speaks about effective equity management, and the low one is indicative of some equity idleness.
The experts of the Information agency Credinform, taking into account the actual situation both in the economy as a whole and in the sectors, has developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios that can be recognized as normal for a particular industry. For fish processing companies, the practical value of equity turnover ratio is from 3,74 times in 2017.
For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Equity turnover, times||Solvency index Globas|
|TORGOVY DOM BALTIISKIY BEREG COMPANY LIMITED
INN 7804500052 Saint Petersburg
|LLC RUSSIAN FISH WORLD
INN 5074018058 Moscow
INN 4100000530 Kamchatka territory
In process of reorganization by spin-off since 11.06.2019
|JSC FISH PROCESSING PLANT №1
INN 7805024462 Saint Petersburg
|LLC VICHUNAI RUS
INN 3911008930 Kaliningrad region
|JSC INDUSTRIAL AND BUSINESS ENTERPRISE MERIDIAN
INN 7713016180 Moscow
|FGUP ARKHANGELSKOE AT THE FEDERAL PENITENTIARY SERVICE
INN 3621005430 Saint Petersburg
In process of reorganization in the form of transformation since 21.05.2018
INN 4109002780 Kamchatka territory
|JSC OZERNOVSKY FISH CANNING PLANT №55
INN 4108003484 Kamchatka territory
|JSC RUSSIAN SEA
INN 5031033020 Moscow region
|Total for TOP-10 companies||58587||66136||8526||5537|
|Average value for TOP-10 companies||5859||6614||853||554||12,01||25,26|
|Industry average value||127||129||14||12||6,43||3,74|
— growth of indicator to the previous period, — decrease of indicator to the previous period.
The average indicator of equity turnover ratio of TOP-10 companies is above the industry average and practical values. In 2017, three companies of TOP-10 increased their figures.
Over the past 10 years, the values of equity turnover ratio have a trend to decrease (Picture 2).
Information agency Credinform has prepared a review of activity trends of the largest companies of the real economy sector in Belgorod region.
The largest companies of Belgorod region (ТОP-1000) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2012 - 2017). The analysis was based on data of the Information and Analytical system Globas.
The largest company in terms of net assets is JSC STOILENSKY GOK. In 2017 net assets of the company amounted to more than 74 billion RUB. The smallest size of net assets in TOP-1000 had LLC METALL-GROUP, which is in process of being wound up since 22.03.2018. The lack of property of the company was expressed in negative terms - 7,4 billion RUB.
For the last five years, the average values of TOP-1000 net assets showed the growing tendency (Picture 1).
For the last five years, the share of ТОP-1000 enterprises with lack of property is growing (Picture 2).
In 2017, the total revenue of 10 largest companies amounted to 41% from ТОP-1000 total revenue (Picture 3). This fact testifies the high level of industrial concentration in Belgorod region.
In general, the growing trend in sales revenue is observed (Picture 4).
Profit and loss
The largest company in terms of net profit is JSC LEBEDINSKIY MINING AND PROCESSING PLANT. In 2017 the company’s profit amounted to 104,5 billion RUB
For the last five years, the average profit values of TOP-1000 show the growing tendency (Picture 5).
Over a five-year period, the average net profit values of ТОP-1000 show the growing tendency, along with this the average net loss is also growing (Picture 6).
Main financial ratios
For the last five years, the average values of the current liquidity ratio were higher than the recommended values - from 1,0 to 2,0, with downward trend (Picture 7).
For the last five years, the high level of the average values of ROI ratio with downward trend is observed (Picture 8).
For the last five years, this business activity ratio demonstrated the downward trend (Picture 9).
70% of ТОP-1000 companies are registered in the Unified register of small and medium-sized enterprises of the Russian Federal Tax Service. Herein, their share in TOP-1000 total revenue amounted to 14% that is lower than the national average value (Picture 10).
Main regions of activity
ТОP-1000 companies are unequally located across the country and registered in 22 regions of Russia. Almost 71% of the largest enterprises in terms of revenue are located in Belgorod, Stary Oskol, Alekseevsky and Gubkin districts (Picture 11).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that more than a half of them have stable or above average financial position (Picture 12).
Solvency index Globas
Most of TOP-1000 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).
Industrial production index
According to the Federal Service of State Statistics, there is an increasing trend in the industrial production index in Belgorod region during 12 months of 2018-2019 (Picture 14). Herewith the average index from month to month amounted to 100,5%.
According to the same data, the share of enterprises of Belgorod region in the amount of revenue from the sale of goods, works, services made 0,85% countrywide in 2018.
A complex assessment of activity of the largest companies of Belgorod region real economy, 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 capital concentration||-10|
|Growth/drawdown rate of average revenue||10|
|Growth/drawdown rate of average net profit (loss)||10|
|Increase / decrease in average net profit of companies||10|
|Increase / decrease in average net loss of companies||-10|
|Increase / decrease in average values of current liquidity ratio||-10|
|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%||-10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Industrial production index||10|
|Average value of factors||0,7|
favorable trend (factor), unfavorable trend (factor)