Information agency Credinform has prepared a review of trends of the largest manufacturers in the Central federal district of Russia.
The largest manufacturers (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 (2013-2018). The analysis was based on the data of the Information and Analytical system Globas.
The largest company in term of net assets is JSC NOVOLIPETSK STEEL, INN 4823006703. In 2018, net assets value of the company exceeded 336 billion RUB.
The lowest net assets volume among TOP-1000 belonged to JSC UNITED CHEMICAL COMPANY URALCHEM/ URALCHEM, INN 7703647595. In 2018, insufficiency of property of the company was indicated in negative value of -113,3 billion RUB.
Covering the five-year period, the average net assets values of TOP-1000 companies have 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 2018, total revenue of 10 largest companies was almost 22% of TOP-1000 total revenue (Picture 3). This testifies relatively low concentration of manufacturers in the Central region.
In general, there is an increase in revenue (Picture 4).
Profit and loss
The largest company in term of net profit is JSC NOVOLIPETSK STEEL, INN 4823006703. The company’s profit for 2018 amounted to 117,9 billion RUB.
Over the five-year period, there is a trend to increase in average net profit of TOP-1000 companies (Picture 5).
For the five-year period, the average net profit values of TOP-1000 companies increase with the average net loss value also having the increasing 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 increase (Picture 7).
For the five-year period, the average values of ROI ratio were on a high level with a trend to increase (Picture 8).
For the five-year period, business activity ratio demonstrated the decreasing trend (Picture 9).
Only 8% 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 companies amounted to 1,7% that is significantly lower than the national average figure (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 18 regions of Russia and located across the federal district quite unequally. Almost 54% of companies largest by revenue are located in Moscow and Moscow region (Picture 11).
Financial position score
Assessment of the financial position of TOP-1000 companies shows that the majority of them have financial position above average (Picture 12).
Index of industrial production
According to the Federal State Statistics Service (Rosstat), during 12 months of 2018-2019, there is a trend to increase of industrial production index in the Central federal district. (Picture 14). At the same time, the average month-to-month value of the index is 102,9%.
Conclusion<br/Complex assessment of activity of the largest manufacturers of the Central federal district, 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|
|Level of competition||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||10|
|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|
|Average value of relative share of factors||10|
|Rate of growth (decline) in the average size of net assets||4,3|
positive trend (factor), negative trend (factor).
The amendments to the Arbitration procedure code began to act since October 1, 2019. Now only persons with higher legal education or degree in legal profile could be representatives of the parties during trial of civil and arbitration cases. The provision is included in the Federal Law №451-FL of November 28, 2018. The court requires the relevant documents on education or academic degree to confirm the qualification.
This requirement does not apply to:
- patent attorneys in the field of protection of intellectual activity products and means of personalization;
- insolvency officers in bankruptcy cases;
- prosecutors and attorneys;
- legal representatives (CEO etc.).
Also this will not influence on civil proceedings during their consideration by magistrates and district courts.