Information agency Credinform has prepared a ranking of the largest Russian manufacturers of packaging. The companies with the largest volume of annual revenue (TOP-10) have been selected for the ranking, according to the data from the Statistical Register for the latest available accounting periods (2014 — 2016). Then they have been ranked by solvency ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
The practical value of solvency ratio of meat products manufacturers amounted from 0,01 to 0,85 in 2016.
The whole set of indicators and financial ratios is to be considered in order to get a full and comprehensive insight into a company’s financial standing.
|Name, INN, region||Revenue, million RUB||Net profit, million RUB||Solvency ratio (x)||Solvency index Globas|
| Ostankinsky Meat-Processing Plant PJSC
|36 764||39 569||812||928||0,85||0,93||216 Strong|
| ITERA NJSC
|9 619||11 171||485||803||0,77||0,87||208 Strong|
| Mikoyanovsky Meat Factory NJSC
|12 301||12 454||135||155||0,40||0,46||173 High|
| Starodvorskie sausages NJSC
|15 197||16 507||644||307||0,25||0,25||231 Strong|
| Atyashevsky Meat Processing Plant LLC
Republic of Mordovia
|11 503||12 556||149||250||0,14||0,16||214 Strong|
| Poultry Factory LLC
|11 733||11 613||69||95||0,09||0,10||242 Strong|
| Agro-Belogorie Meat Processing Plant LLC
|17 480||15 675||-11||55||0,01||0,02||248 Strong|
| Belaya Ptica-Kursk LLC
|10 696||11 424||-27||29||0,00||0,01||276 Medium|
| Cherkizovsky Meat Processing Plant NJSC
|29 953||32 430||-881||-1 759||0,10||-0,08||288 Medium|
| Velikoluksky Meat Plant PJSC
|15 737||17 250||-1 105||807||-0,36||-0,29||240 Strong|
|Total for TOP-10 companies||172 998||182 665||2 285||3 686|
|Average value for TOP-10 companies||17 300||18 267||229||369||0,23||0,24|
|Average industry value||205||211||2||2||0,14||0,21|
Average value of solvency ratio for TOP-10 companies is above the recommended values. Two of TOP-10 companies a solvency ratio above the recommended, and two companies have a negative ratio value.
Average industry values of solvency ratio tend to decrease within the last decrease (Picture 2). This is indicative of a high dependence of meat processing industry on external loans.
Through the Federal law from 07.08.2001 № 115-FL «On counteracting the legalization (laundering) of proceeds received by criminal way and terrorism financing», credit institutions will receive data on accounts of companies and individual entrepreneurs in third party banks in the forthcoming summer. This data will be provided by the Federal Tax Service (FTS) through the system of interdepartmental online interactions on a round-the-clock basis.
Such kind of data is necessary for credit institutions at companies check in accordance with Art. 7 «Rights and obligations of organizations engaged in cash transactions» of the mentioned Federal law, as well as at shell companies identification and assessment of would-be borrowers at lending.
For example, information about accounts in other banks may indicate the fact of company’s virtual operating. This is one of the signs of trustworthiness. According to the experts, transparentizing of clients’ activity to banks can accelerate the opening of accounts, consideration of applications for credit and upgrading the outstanding credits monitoring.
In the future, increased competition on the corporate funds market will probably take place.
According to the Central Bank of RF, the volume of loans, deposits and other placed funds granted to organizations, individuals and banks in roubles is ever-increasing (Picture 1).
Users of the Information and Analytical system Globas have a possibility to get acquainted with activity of all bank and non-bank credit institutions and their branches with active licenses. Information about all credit institutions with revoked licenses and their branches is also available.