Gs Engineering & Construction Corporation · KRX:006360

Gs Engineering & Construction — Q1 2020 Earnings Presentation

14 slides from Gs Engineering & Construction's earnings presentation, May 2020

  1. Slide 1: GS E&C Presentation

    GS E&C Presentation May. 2020 www.gsenc.com

  2. Slide 2: Contents

    CONTENTS Ø Trend of New Orders & Sales Ø Order Backlogs Ø Results & Guidance Ø Housing Business Ø Liquidity Ø Appendix - Global Network and Major Projects - Ownership Structure - GS Group - Dividends - BS/IS This material contains forward-looking statements that include our current beliefs and expec

  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. Etc. New Biz. Etc. 16.0 14.1 Dist.Energy 2% 1% 4% 1% 12.9 13.3 13.4 4% 14.0 Dist.Energy 11.2 11.5 11.2 11.5 4% 10.9 Infra 12.0 10.1 Infra 9.1 9.0 New Orders 9% 8% 10.0 6.5 6.4 6.9 8.0 5.9 Overseas

  4. Slide 4: Order Backlogs

    INVESTOR RELATIONS Order Backlogs Order backlogs by division Overseas backlogs by region (Unit : KRW bn) (Unit : KRW bn) Division 2019 YE 1Q20 % Region 1Q20 % Asia (Singapore, Vietnam, China..) 1,982 65.9% Infra 4,239 3,602 -15.0% Middle East (UAE, Kuwait, Iraq, Oman, Bahrain..) 731 24.3% Africa (Eg

  5. Slide 5: Results & Guidance

    INVESTOR RELATIONS Results & Guidance (Unit : KRW bn) (Unit : KRW bn) 1Q20 20Y(P) 1Q20 Division Major New Projects New Orders New Orders 2,269 11,500 2 Infra HCMC MRT Line 1 CP2 (2) - Domestic 2,129 8,250 (*2) - Overseas 140 3,250 Grand Intercontinental Parnas Hotel Renovation (48) LG Science Park D

  6. Slide 6: Housing Business

    INVESTOR RELATIONS Housing Business üHousing Sales Trend üPending PF Projects (Unit : KRW bn) (KRW trn) PF Guarantee Supply Expected Site Notes 6.0 60% (KRW bn) Units(E)* Start* % of Total Sales Yongin Shinbong 202 2,100 2021 LongTerm 5.0 50% Busan Chogjin1 171 2020 Housing Sales 4.0 40% Sungnam God

  7. Slide 7: Liquidity

    INVESTOR RELATIONS Liquidity üLiability/Equity (Unit : %) üUnbilled amount related to construction (Unit : KRW bn) 3,500 Year 15 16 17 18 19 1Q20 3,000 % 288.5 298.9 322.8 232.0 217.9 241.4 2,500 1,892 2,000 1,727 1,480 üCash Flow & Liquidity (Unit : KRW trn) 1,500 1,300 1,387 1,209 1,264 1,089 1,12

  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, 19 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 1Q20) GS E&C Huh Family Huh Family 25.6% Foreigner 25.6% 29.4% Treasury 0.9% 100% 65.8% 36.1% 70% 50.7% 87.9% 100% Domestic GS GS GS GS GS GS GS Home - 44.1% 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 ü Korea's Top 10 Conglomerates (Unit : KRW tn) ü Financial Status of Main Affiliates (Unit : KRW bn) Rank Company Total Assets* Operating Business Affiliates Sales Profit Areas 1 Samsung 414.5 GS Energy 2,407 1,339 2 Hyundai Motors 223.5 GS Caltex 32,261 880 En

  11. Slide 11: Appendix – Dividends

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

  12. Slide 12: Appendix – Statements of Financial Position

    INVESTOR RELATIONS Appendix – Statements of Financial Position (Unit : KRW bn, %) Account 17Y 18Y 19Y 1Q20 Total Assets 13,697 12,033 13,171 14,131 Cash, cash equivalents & 2,642 1,834 2,010 2,234 Short-Term financial instrument Trade and other receivables 4,763 4,297 3,505 3,529 Inventories 1,091 1

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

    INVESTOR RELATIONS Appendix – Statements of Profit or Loss (Unit : KRW bn) Account 17Y 18Y 19Y 1Q20 Infra 206 Infra 1,298 1,116 871 Building & Housing 1,318 Building & 6,646 7,13 6,029 Housing Plant 711 Sales 3,437 Distribution Energy 99 Plant 3,654 4,804 New Business 90 Others 81 81 80 Others 17 To

  14. Slide 14: Appendix - Governance

    Appendix - Governance www.gsenc.com

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