BENCHMARKING FINANCIERO DEL SECTOR DE CONSTRUCCIÓN PRIVADO ECUATORIANO Y SU TENDENCIA FRENTE AL PIB PERIODO 2017 -2021.

Abstract

In this academic article, a financial benchmarking is carried out as a useful tool to describe the performance of the private construction sector in Ecuador and the behavior is analyzed against the gross domestic product in the last five years, that is, from 2017 to 2021. With a qualitative approach, the information from the financial regulatory body for private companies, the Superintendency of Companies, Securities and Insurance, is examined, selecting the companies required to submit audited financial statements, to perform the calculation of financial indicators, such as, liabilities to assets ratio, return on sales, return on assets, return on equity and net profit over the number of employees. According to the results of the financial benchmarking for companies in the Ecuadorian construction sector, a linear growth behavior is demonstrated with respect to profitability indicators until 2019 and for 2020 a significant drop is reflected with a level of recovery in 2021. In the end it reflects a different behavior in the trend of sales revenue for private companies compared to nominal GDP with negative variations, due to the economic effects generated by the COVID-19 pandemic and a slight recovery for 2021