Gs Engineering & Construction Corporation · KRX:006360

Gs Engineering & Construction — 1H22 Earnings Presentation

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

  1. Slide 1: GS E&C Presentation

    GS E&C Presentation July 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 14.6 New Biz. Etc. 16.0 Etc. Eco 13.4 13.3 8% 1% 12.4 1% 2% 14.0 11.5 New Biz. 11.2 11.2 10.9 12.0 10.1 9% Infra 9.0 New Orders 10.0 Infra Plant 9% 6.9 9% 4% 8.0 Overseas 5.1 6.0 3.8 4.0 New Orders Plant 3.

  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) 1H22(E) 22Y(P) 1H22(E) Division Major New Projects New Orders New Orders 7,769 14,642 - Domestic 6,501 10,663 - Overseas 1,268 3,979 Chogjin2-1 (673), Bulgwang 5 BL (629), Hangang Mansion (622), Sangdo Starium (468), Byeolnae Xi t

  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 261 2022 5.0 Housing Sales 50% Daejun Doan2 117 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 1H22(E) 3,000 % 217.9 219.3 211.6 210.7 2,500 2,000 1,727 Cash Flow & Liquidity (Unit : KRW trn) 1,500 1,255 1,089 1,023 954 Year 19 20 21 1H22(E) 1,000 500 Gross D

  8. Slide 8: Global Network & Major Projects

    INVESTOR RELATIONS Appendix – Global Network & Major Projects GS E&C currently operates more than 13 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: Ownership Structure

    INVESTOR RELATIONS Appendix – Ownership Structure [As of 1H22] GS E&C Huh Family Huh Family 23.6% Foreigner 23.6% 27.9% Treasury 0.8% 100% 57.9% 70% 50.7% 87.9% 100% Domestic GS GS GS GS GS GS 47.7% Energy Retail EPS Global E&R Sports 50% 51% GS GS Caltex Power 7/11

  10. Slide 10: 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 457.3 GS Energy 3,770 1,866 2 Hyundai Motors 246.1 GS Caltex 34,538 2,019

  11. Slide 11: 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: Statements of Financial Position

    INVESTOR RELATIONS Appendix – Statements of Financial Position (Unit : KRW bn, %) Account 19Y 20Y 21Y 1H22(E) Total Assets 13,171 13,771 15,184 16,492 Cash, cash equivalents & 2,010 2,317 3,009 3,125 Short-Term financial instrument Trade and other receivables & 3,505 2,981 3,160 3,742 Contract asset

  13. Slide 13: Statements of Profit or Loss

    INVESTOR RELATIONS Appendix – Statements of Profit or Loss (Unit : KRW bn) Account 19Y 20Y 21Y 1H22(E) Building & Building & 5,804 4,135 Building & Housing Building & Housing 6,029 6,091 Housing Housing New Business 611 New Business 451 Plant 3,437 Plant 2,389 New Business 778 Plant 213 Sales Infra

  14. Slide 14: Appendix - Governance

    Appendix - Governance www.gsenc.com

GS Engineering & Construction — 1H22 Earnings Presentation on 6ix