Activity trends of the largest Russian companies
Information agency Credinform has prepared a review of trends of the largest microlending companies.
Companies granting loans and other credits, and being largest (TOP-10 and 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 (2015-2017). The analysis was based on the data of the Information and Analytical system Globas.
The largest company in term of net assets is LLC IST-KAPITAL, INN 7801503432. In 2018, net assets value of the company exceeded 14 billion RUB.
The lowest net assets volume among TOP-100 belonged to LLC AKTIV S, being in process of reorganization in the form of acquisition since 23.08.2019, INN 7826718207. In 2018, insufficiency of property of the company was indicated in negative value of -1,1 billion RUB.
Covering the ten-year period, the average net assets values 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 2017, total revenue of 10 largest companies of was almost 49% of TOP-1000 total revenue (Picture 3). This testifies high level of monopolization in the industry.
Covering the ten-year-period, there is an increase in industry average revenue (Picture 4).
Profit and loss
The largest company in term of net profit is LLC AKVA-KAPITAL, INN 7825123775. The company’s profit for 2018 exceeded 7,1 billion RUB.
Over the ten-year period, there is a trend to increase in average net profit (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 ten-year period, the average values of the current liquidity ratio were often below the recommended one - from 1,0 to 2,0 with a trend to increase (Picture 7).
For the ten-year period, the average values of ROI ratio were on a quite high level with a trend to increase (Picture 8).
For the ten-year period, business activity ratio demonstrated the increasing trend (Picture 9).
92% 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 for 2017 amounted to almost 36% that is significantly higher than the national average figure (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 72 regions of Russia and located across the country quite unequally. Over 52% of their turnover is concentrated in Moscow and Saint Petersburg (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).
Complex assessment of activity of the largest Russian microlending companies, 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||10|
|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||5,7|
positive trend (factor), negative trend (factor).