Information agency Credinform has prepared a review of activity trends of the largest companies of real economy sector in Volgograd region. The largest companies of Volgograd region (ТОP-1000) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2013 - 2017). The analysis was based on data of the Information and Analytical system Globas.
|№||Name, INN, activity||Net assets value, bln RUB||Solvency index Globas|
Manufacture of refined petroleum products
|2||LLC Imperial Tobacco Volga
Manufacture of tobacco products
Manufacture of cement
|4||NAO Volzhsky Orgsynthese
Manufacture of other inorganic basic chemicals
Manufacture of other inorganic basic chemicals
Distribution of electricity
Process of being wound up, 11.07.2014
|997||LLC INVESTMENT COMPANY CITYCENTRE
Real estate management on a fee or contract basis
Investment in authorized capital, venture capital investment, including through the investment companies
Process of being wound up, 03.06.2016
|999||PUBLIC CORPORATION DPK
Other financial service activities, except insurance and pension funding
Trade with electricity
— growth indicator in comparison with prior period, — decline indicator in comparison with prior period.
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 60% from ТОP-1000 total revenue (Picture 3). This fact testifies high level of capital concentration in Volgograd region.
In general, the decrease in average sales revenue is observed (Picture 4).
Profit and loss
In 2017 profit of 10 largest companies amounted to 59% from TOP-1000 total profit (Picture 5).
For the last five years, the average profit values of TOP-1000 show the decreasing tendency (Picture 6).
Over a five-year period, the average net profit values of ТОP-1000 show the decreasing tendency, along with this the average net loss is growing (Picture 7).
Main financial ratios
For the last five years, the average values of the current liquidity ratio were significantly higher than the recommended values - from 1,0 to 2,0, with growing tendency (Picture 8).
For the last five years, especially in 2013-2014, the high level of the average values of ROI ratio with decreasing tendency is observed (Picture 9).
For the last five years, this business activity ratio demonstrated the downward trend (Picture 10).
he largest share of ТОP-1000 total revenue is occupied by the enterprises engaged in manufacture of refined petroleum products and wholesale companies (Picture 11).
77% 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 16,5% (Picture 12).
Main regions of activity
ТОP-1000 companies are unequally located across the country and registered in 35 regions of Russia. 89% of the largest enterprises in terms of revenue are located in Volgograd and Volzhsk (Picture 13).
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 14).
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 15).
Industrial production index
According to the Federal Service of State Statistics, there is a downward trend in the industrial production index in Volgograd region during 12 months of 2017 – 2018. For 11 months of 2018, the index decreased by an average of 0,7%, and in general, from November 2017 to October 2018, the average growth by 1.6% is observed (Picture 16).
According to the same data, the share of enterprises of Volgograd region in the amount of revenue from the sale of goods, works, services made 0,73% countrywide for 9 months of 2018.
A complex assessment of activity of the largest companies of Volgograd region real economy, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of negative trends (Table 2).
|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 30%||-10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Industrial production index||-10|
|Average value of factors||-3,3|
— favorable trend (factor), — unfavorable trend (factor).
The Federal Law №322-FZ dated 03.08.2018, which entered into force on January 1, 2019, amended the Federal Law “On insurance of deposits of individuals in banks of the Russian Federation” and extended the system of insurance of bank deposits to small business funds. That is, entrepreneurs, having funds in the accounts of bankrupt credit institutions can return them in the amount of not more than 1 400 000 rubles.
When events insured occur, the law determines the list of documents required for submission to the Deposit Insurance Agency for receiving insurance payment. Also a procedure for the transfer of insurance payments was established.
As of January 10, 2019, more than 2 mln 700 thousand legal entities, falling within the new law, are registered in the Unified Register of small and medium-sized businesses of the Federal Tax Service. In addition, amendments were made to the Federal Law №127-FZ «On Insolvency (Bankruptcy)» dated 26.10.2002. Now, the deposit agreement requirements of small business companies transferred to the Deposit Insurance Agency included in the number of claims of third-priority creditors.
Information about all small business companies and their business activities in full can be obtained by subscribing to access to the Information and Analytical system Globas.