FINANCIAL PERFORMANCE ANALYSIS OF ROMANIAN CONSTRUCTION COMPANIES

Autor: Marius Sorin DINCĂ
Jazyk: angličtina
Rok vydání: 2018
Předmět:
Zdroj: Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences, Vol 11, Iss 2, Pp 147-156 (2018)
ISSN: 2065-2194
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.
Databáze: OpenAIRE