Author’s factor analysis of the profitability of fixed assets in the construction industry of the Russian Federation

Abstract

The construction complex of the Russian Federation is one of the largest and most significant sectors of the economy, which largely determines the socio-economic development of the country. The profitability of the construction industry is slightly higher than the average for the entire Russian economy as a whole. At the same time, the financial and economic indicators of the overall business in 2020 in the Russian Federation are significantly lower than their pre-crisis level. In order for any company to function properly, it needs to have certain funds and sources. And the main of these sources are fixed assets. The development of construction, like any other industry, depends on the quality condition and dynamics of fixed assets renewal. The state of fixed assets, in turn, directly depends on the amount of investment directed to their renewal. The article presents the author’s model of profitability of fixed assets. The article describes 10 methods of factor analysis developed by Filatov E. A., which make it possible to draw an accessible and relatively simple conclusion about changes in the resultant indicator. The object of research of the article is the construction industry of the Russian Federation in the context of three main types of construction: construction of buildings; construction of engineering structures; specialized construction works.