Amendments to the Federal Law «On credit History» were made in order to include unique identifier of the contract to credit history of physical persons and legal entities. This helps to improve responses accuracy of the data inquiry from several credit history bureaus (CHB).
Rules of assignment of unique identifiers to obligations of lenders, guarantors and principals will be regulated by the Central Bank of the RF.
Records of credit history for subjects of credit history – guarantors, principals, physical persons or legal entities will be formed regarding unique identifiers of contracts and transactions.
Assigned unique identifiers are not subjected to changes in cases of assignment of claim or debt.
Sources of forming of credit history, providing CHB with information on active contracts with lenders, guarantors are obliged to assign unique identifiers to all contracts and provide to CHB not later than one year after validity date of the amendments.
The Federal Law as of May 1, 2019 №77-FL will come into force a hundred and eighty days after its publication on May 8, 2019.
Information agency Credinform has prepared a review of trends of the largest companies of real economy in Primorye territory.
The largest enterprises (TOP-1000) in terms of annual revenue were selected for the analysis according to the data from the Statistical Register for the latest available periods (2012-2017). The analysis was based on the data of the Information and Analytical system Globas.
The largest company of Primorye territory in term of net assets is JSC FAR EASTERN ENERGY MANAGEMENT COMPANY, being in process of reorganization in the form of division since 25.03.2019. In 2017, net assets value of the company amounted to almost 59 billion RUB. The lowest net assets volume among TOP-1000 belonged to JSC ROSDORSNAB, the company is in process of being wound up since 30.11.2016. Insufficiency of property of the company was indicated in negative value of 5,6 billion RUB.
Covering the five-year period, the average net assets values of TOP-1000 companies has a trend to increase (Picture 1).
The shares of TOP-1000 companies with insufficient property have trend to decrease over the past five years (Picture 2).
In 2017, total revenue of 10 largest companies of Primorye territory was 28% of TOP-1000 total revenue (Picture 3). This testifies relatively low level of concentration of production in the region.
In general, there is a trend to increase in revenue (Picture 4).
Profit and loss
The largest company of TOP-1000 in term of net profit is JSC VOSTOCHNY PORT. The company’s profit for 2017 amounted to 7,2 billion RUB. In general, over the five-year period, there is a trend to increase in average profit of TOP-1000 companies (Picture 5).
For the five-year period, the average net profit values of TOP-1000 companies increased with the average net loss value having the decreasing trend (Picture 6).
Key financial ratios
For the five-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 decrease (Picture 7).
For the five-year period, the average values of ROI ratio have the trend to decrease (Picture 8).
For the five-year period, business activity ratio demonstrated the decreasing trend (Picture 9).
78% companies of TOP-1000 are registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation. At the same time, their share in total revenue of TOP-1000 amounted to 29% that is higher than the national average figure (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 31 districts of Primorye territory and located across quite unequally. Almost 86% companies largest in term of turnover are concentrated in Vladivostok and Nakhodka (Picture 11).
Financial position score
Assessment of the financial position of TOP-1000 companies shows that more than a half of them have stable financial position and financial position above average (Picture 12).
Index of industrial production
According to the Federal State Statistics Service (Rosstat), during 12 months of 2018, the trend to decrease of industrial production indexes is observed in Primorye territory (Picture 14). The average month-to-month figure was 98,5%.
According to the same data, the share of companies of Primorye territory in the volume of revenue from sales of products, goods, works and services in 2018 was 0,68% countrywide.
Complex assessment of activity of the largest companies of real economy sector in Primorye territory, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of positive trends (Table 1).
|Trends and evaluation factors||Relative share of factors, %|
|Rate of growth (decline) in the average size of net assets||10|
|Increase / decrease in the share of enterprises with negative values of net assets||10|
|Rate of growth (decline) in the average size of revenue||10|
|Concentration level of capital||10|
|Rate of growth (decline) in the average size of 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 the region in terms of revenue being more than 22%||10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Industrial production index||5|
|Average value of relative share of factors||5,0|
— positive trend (factor), — negative trend (factor).