Gs Engineering & Construction Corporation · KRX:006360

Gs Engineering & Construction — Q3 2021 Earnings Presentation

14 slides from Gs Engineering & Construction's earnings presentation, November 2021

  1. Slide 1: GS E&C Presentation

    GS E&C Presentation Nov. 2021 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 Etc. Etc. 16.0 New Biz. New Biz. 1% 13.4 13.7 1% 14.0 12.4 6% 9% 11.2 11.5 11.2 10.9 12.0 10.1 Infra 9.0 New Orders Infra 10.0 8% 8% 6.9 Plant 8.0 Overseas 5.1 5.1 15% 6.0 New Orders Plant 3.0 2.5 3.0 28% B

  4. Slide 4: Order Backlogs (As of 3Q21)

    INVESTOR RELATIONS Order Backlogs(As of 3Q21) Order backlogs by division Overseas backlogs by region (Unit : KRW bn) (Unit : KRW bn) Region 3Q21 % Division 2020 YE 3Q21 % Asia (Singapore, Vietnam, China..) 1,835 59.4% Europe (Turkey, Poland..) 935 30.3% Building & Housing 26,660 29,652 11.2% Middle

  5. Slide 5: Results & Guidance

    INVESTOR RELATIONS Results & Guidance (Unit : KRW bn) (Unit : KRW bn) 3Q21 21Y(P) 3Q21 Division Major New Projects New Orders New Orders 7,428 13,700 Sejong 6-3 L1 BL (331) - Domestic 6,684 8,600 LG Science Park DP2 (241) - Overseas 744 5,100 Suwon Yeongtong 2 (570) Songdo Xi the Star (409) Sales 6,

  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 60% (KRW bn) Start* % of Total Sales Yongin Shinbong 202 2023 LongTerm 6.0 50% Sangdo Starium 260 2021 5.0 Housing Sales 40% Busan Chokjin1 231 2

  7. Slide 7: Liquidity

    INVESTOR RELATIONS Liquidity Liability/Equity (Unit : %) Unbilled amount related to construction (Unit : KRW bn) 3,500 Year 18 19 20 3Q21 3,000 % 232.0 217.9 219.3 205.6 2,500 2,000 1,727 Cash Flow & Liquidity (Unit : KRW trn) 1,500 1,089 1,134 1,047 1,130 1,023 Year 18 19 20 3Q21 1,000 500 Gross

  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 3Q21) GS E&C Huh Family Foreigner Huh Family 23.7% 26.5% 23.7% Treasury 0.8% 100% 65.8% 36.1% 70% 50.7% 87.9% 100% Domestic GS GS GS GS GS GS GS Home - 49.0%% Energy Retail Shopping EPS Global E&R Sports 50% 50% 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 457.3 GS Energy 1,642 342 2 Hyundai Motors 246.1 GS Caltex 22,301 880 Ener

  11. Slide 11: Appendix – Dividends

    INVESTOR RELATIONS Appendix – Dividends Yield & DPS Payout Ratio Yield (%) 3.2 3.4 2.3 1.1 0.4 0.0 0.0 0.0 0.0 30.8% 13.5% 17.9% Unit : KRW 12.0% 11.4% 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 12 13 14 15 16 17 18 19 20 9/11

  12. Slide 12: Appendix – Statements of Financial Position

    INVESTOR RELATIONS Appendix – Statements of Financial Position (Unit : KRW bn, %) Account 18Y 19Y 20Y 3Q21 Total Assets 12,033 13,171 13,771 14,708 Cash, cash equivalents & 1,834 2,010 2,317 2,716 Short-Term financial instrument Trade and other receivables & 4,297 3,505 2,981 2,976 Contract liabilit

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

    INVESTOR RELATIONS Appendix – Statements of Profit or Loss (Unit : KRW bn) 18Y 19Y 20Y 3Q21 Building & Housing 5,804 4,279 Building & 7,138 6,029 Housing New Business 611 547 Sales Plant 4,804 3,437 Plant 2,389 951 Infra 1,116 871 Infra 884 577 Others 81 80 Others 69 64 Total 13,139 10,417 Total 10,

  14. Slide 14: Appendix - Governance

    Appendix - Governance www.gsenc.com

GS Engineering & Construction — Q3 2021 Earnings Presentation on 6ix