Gs Engineering & Construction Corporation · KRX:006360

Gs Engineering & Construction — Q1 2022 Earnings Presentation

14 slides from Gs Engineering & Construction's earnings presentation, May 2022

  1. Slide 1: GS E&C Presentation

    GS E&C Presentation May 2022 www.gsenc.com

  2. Slide 2: Contents

    CONTENTS  Trend of New Orders & Sales  Order Backlogs  Results & Guidance  Housing Business  Liquidity  Appendix - Global Network and Major Projects - Ownership Structure - GS Group - Dividends - Statements of Financial Position This material contains forward-looking statements that include ou

  3. Slide 3: Trend of New Orders & Sales

    INVESTOR RELATIONS Trend of New Orders & Sales (Unit : KRW trn) New Orders Sales by Portfolio New Biz. 16.0 9% Etc. Eco New Biz. Etc. 13.4 13.3 13.2 1% 1% 8% 1% 14.0 12.4 Dist. Energy. 11.2 11.5 11.2 10.9 2% 12.0 10.1 Infra 9.0 New Orders Infra 10.0 10% 9% Plant 6.9 8.0 Overseas 8% 5.1 6.0 3.8 4.0 N

  4. Slide 4: Order Backlogs (As of 1Q22)

    INVESTOR RELATIONS Order Backlogs(As of 1Q22) Order backlogs by division Overseas backlogs by region (Unit : KRW bn) (Unit : KRW bn) Region 1Q22 % Division 2021Y 1Q22 % Oceania (Australia) 2,838 50.1% Asia (Singapore, Vietnam, China..) 1,739 30.7% Building & Housing 30,491 32,877 7.8% Europe (Poland

  5. Slide 5: Results & Guidance

    INVESTOR RELATIONS Results & Guidance (Unit : KRW bn) (Unit : KRW bn) 1Q22 22Y(P) 1Q22 Division Major New Projects New Orders New Orders 3,391 13,152 - Domestic 2,936 9,173 - Overseas 455 3,979 Sales 2,376 9,506 Hangang Mansion (622) Susung 32 BL (237) Gross Profits 302 Building 2,938 Sangdo Starium

  6. Slide 6: Housing Business

    INVESTOR RELATIONS Housing Business Housing Sales Trend PF Balance of Unstarted Projects (Unit : KRW bn) (KRW trn) PF Guarantee Expected Site Notes 7.0 70% (KRW bn) Start* % of Total Sales Yongin Shinbong 202 2023 LongTerm 6.0 60% Busan Chokjin1 251 2022 5.0 Housing Sales 50% Daejun Doan2 107 2022

  7. Slide 7: Liquidity

    INVESTOR RELATIONS Liquidity Liability/Equity (Unit : %) Unbilled amount related to construction (Unit : KRW bn) 3,500 Year 19 20 21 1Q22 3,000 % 217.9 219.3 211.6 217.8 2,500 2,000 1,727 Cash Flow & Liquidity (Unit : KRW trn) 1,500 1,089 1,134 1,023 954 Year 19 20 21 1Q22 1,000 500 Gross Debt 2.

  8. Slide 8: Appendix – Global Network & Major Projects

    INVESTOR RELATIONS Appendix – Global Network & Major Projects GS E&C currently operates more than 19 on-going projects, 30 branches & local entities overseas. Refinery Myanmar Friendship (Dala) Bridge (0.2trn) Gas Uzbekistan Indonesia Cilacap RFCC Project (0.7trn) Petrochemical Power Plant UGCC (0.7

  9. Slide 9: Appendix – Ownership Structure

    INVESTOR RELATIONS Appendix – Ownership Structure [As of 1Q22] GS E&C Huh Family Huh Family 23.6% Foreigner 23.6% 27.1% Treasury 0.8% 100% 57.9% 70% 100% 50.7% 87.9% 100% Domestic GS GS GS GS GS GS GS 50.5% Energy Retail EPS Ventures Global E&R Sports 50% 51% GS GS Caltex Power 7/11

  10. Slide 10: Appendix – GS Group

    INVESTOR RELATIONS Appendix – GS Group  Korea's Top 10 Conglomerates (Unit : KRW tn)  Financial Status of Main Affiliates (Unit : KRW bn) Rank Company Total Assets* Operating Business Affiliates Sales Profit Areas 1 Samsung 483.9 GS Energy 3,770 1,866 2 SK 292.0 GS Caltex 34,538 2,019 3 Hyundai Mo

  11. Slide 11: Appendix – Dividends

    INVESTOR RELATIONS Appendix – Dividends Yield & DPS Payout Ratio Yield (%) 3.2 3.4 3.1 2.3 1.1 0.4 0.0 0.0 0.0 0.0 30.8% 27.0% Unit : KRW 13.5% 17.9% 12.0% 11.4% 1,300 0.0% 0.0% 0.0% 1,200 1,000 1,000 -12.5% 250 0 0 0 0 300 12 13 14 15 16 17 18 19 20 21 12 13 14 15 16 17 18 19 20 21 9/11

  12. Slide 12: Appendix – Statements of Financial Position

    INVESTOR RELATIONS Appendix – Statements of Financial Position (Unit : KRW bn, %) Account 19Y 20Y 21Y 1Q22 Total Assets 13,171 13,771 15,184 16,291 Cash, cash equivalents & 2,010 2,317 3,009 3,517 Short-Term financial instrument Trade and other receivables & 3,505 2,981 3,160 3,272 Contract assets I

  13. Slide 13: Appendix – Statements of Profit or Loss

    INVESTOR RELATIONS Appendix – Statements of Profit or Loss (Unit : KRW bn) Account 19Y 20Y 21Y 1Q22 Building & Building & 5,804 1,723 Building & Housing Building & Housing 6,029 6,091 Housing Housing New Business 611 New Business 192 Plant 3,437 Plant 2,389 New Business 778 Plant 179 Sales Infra 884

  14. Slide 14: Appendix - Governance

    Appendix - Governance www.gsenc.com

GS Engineering & Construction — Q1 2022 Earnings Presentation on 6ix