Information agency Credinform has prepared a review of activity trends of the largest Russian manufacturers of industrial explosives. The largest companies (ТОP-50) in terms of annual revenue were selected 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 data of the Information and Analytical system Globas.
The largest company in terms of net assets is LLC UEE - Siberia, INN 2443022960, Krasnoyarsk region. In net assets of the company amounted to more than 1 billion RUB.
The smallest size of net assets in TOP-50 had LLC NPP SVT, INN 6316045070, Samara region. The lack of property of the company in 2019 was expressed in negative terms -96 million RUB.
For the last six years, the average values of TOP-50 net assets showed the growing tendency with positive dynamics of growth rates (Picture 1).
For the last six years, the share of ТОP-50 enterprises with lack of property is decreasing (Picture 2).
In 2019, the total revenue of 10 largest companies amounted to 66% from ТОP-50 total revenue (Picture 3). This fact testifies the high level of monopolization in the industry.
In general, the growing trend in sales revenue with negative dynamics of growth rates is observed (Picture 4).
Profit and loss
The largest company in terms of net profit is LLC PROMPERFORATOR, INN 6335009648, Samara region. In 2019 the company’s profit amounted to 364 million RUB.
For the last six years, the average profit values of TOP-50 show the growing tendency (Picture 5).
Over a six-year period, the average net profit values of ТОP-50 show the growing tendency, along with this the average net loss is decreasing (Picture 6).
Main financial ratios
For the last six years, the average values of the current liquidity ratio were within the recommended values - from 1,0 to 2,0, with growing trend (Picture 7).
Within six years, the growing trend of the average values of ROI ratio is observed (Picture 8).
For the last six years, this business activity ratio demonstrated the downward trend (Picture 9).
46% 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-50 total revenue is only 9%, which is more than twice lower than the national average value in 2018 – 2019 (Picture 10).
Main regions of activity
TOP-50 companies are registered in 23 regions of Russia and are unequally located across the country, mainly in accordance with the geographical location of mineral deposits, for the development of which industrial explosives are used. Almost 56% of the largest enterprises in terms of revenue are located Kuzbass, Samara region, and Moscow (Picture 11).
Financial position score
An assessment of the financial position of TOP-50 companies shows that the largest part have average financial position (Picture 12).
A complex assessment of activity of the largest Russian manufacturers of industrial explosives, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of positive trends within 2014-2019 (Table 1).
|Trends and assessment factors||Relative share, %|
|Dynamics of average net assets value||10|
|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|
|Dynamics of average net profit||10|
|Growth/drawdown rate of average revenue||-10|
|Dynamics of average revenue||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)||5|
|Solvency index Globas (the largest share)||-5|
|Average value of factors||2,8|
favorable trend (factor), unfavorable trend (factor).
Information agency Credinform represents a ranking of the largest Russian manufacturers of industrial explosives. Companies with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register and the Federal Tax Service for the latest available periods (2018 - 2019). They were ranked by the net profit ratio (Table 1). The analysis was based on the data of the Information and Analytical system Globas.
There is no standard value for the ratio. It is recommended to compare companies of the same industry, or to analyze changes in the ratio for a specific company. Negative value is indicative of net loss, while the high one indicates the efficient activity of the entity.
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||Net profit ratio, %||Solvency index Globas|
INN 6335009648 Samara region
|2 147,2||2 208,5||385,7||363,8||17,96||16,47||300 Adequate|
INN 4907006146 Magadan region
|2 688,6||3 644,2||384,7||293,7||14,31||8,06||294 Medium|
INN 2443022960 Krasnoyarsk territory
|2 440,0||2 672,6||173,6||189,7||7,11||7,10||245 Strong|
|JSC NITRO-SIBIR KUZBASS
INN 4205114895 Kemerovo region - Kuzbass
|2 754,4||2 448,2||178,6||153,0||6,48||6,25||296 Medium|
INN 4703067775 Leningrad region
|2 433,6||2 283,9||210,6||141,6||8,65||6,20||296 Medium|
INN 6335007320 Samara region
|2 581,5||2 496,3||45,3||70,0||1,75||2,80||214 Strong|
INN 7743945541 Moscow
|1 620,3||6 454,1||24,4||54,8||1,51||0,85||340 Adequate|
INN 4211002950 Kemerovo region - Kuzbass
|4 557,4||4 102,7||9,5||4,5||0,21||0,11||274 Medium|
|JSC VZRYVPROM YUGA KUZBASSA
INN 0411049482 Kemerovo region - Kuzbass
|1 459,9||1 719,3||0,6||1,6||0,04||0,09||307 Adequate|
INN 2801147062 Amur region
|2 754,8||2 679,2||25,9||0,8||0,94||0,03||346 Adequate|
growth of indicator to the previous period, decrease of indicator to the previous period
The average indicator of the net profit ratio of TOP-10 is above the average one of TOP-50. In 2019, only two companies have increased the value compared to the previous period.
During six years, the average values of the net profit ratio of TOP-50 have a trend to increase (Picture 2).