Popis: |
This paper analyses the financial performances of two Romanian companies in the construction sector, Astalrom and Aedificia respectively, for the 2012-2016 period. For these two companies, I have analysed their financial performances using return on equity (ROE) and capital intensity, with their influence upon companies’ self-financing capacity and financial competitiveness. I have found that both companies registered an unfavourable evolution of ROE 2016/2015 and that this was confirmed by a deterioration of capital intensity levels for Aedificia. Astalrom registered a slight improvement in capital intensity levels, yet it did not manage to transfer that upon ROE. Both companies should improve profitability and efficiency of new and past investments. |