|
Non-Consolidated Results
1. Lower production year-on-year due to flood damage and labor strike
2. Higher ASP over year allow increased revenue despite lower sales
volume due to sluggish demand
Table 1: Production and Sales
|
|
Unit |
2022 |
Total |
2021 |
Total |
|
BF |
EAF |
Mobility material |
BF |
EAF |
Mobility material |
|
Production |
kt |
10,070 |
6,584 |
714 |
17,368 |
10,606 |
7,139 |
692 |
18,437 |
|
Sales Volume |
kt |
10,795 |
6,677 |
815 |
18,287 |
11,222 |
7,129 |
759 |
19,110 |
|
Revenue |
KRW_bn |
13,528 |
8,244 |
1,895 |
23,667 |
11,388 |
7,289 |
1,315 |
19,992 |
Table 2: Financial Summary _ P/L (Non-consolidated)
Unit: KRW bn
|
|
2021 |
2022 |
YoY |
|
Revenue |
19,992 |
23,667 |
3,675 |
|
Gross Profit |
3205 |
2,496 |
-710 |
|
Operating Profit |
2300 |
1465 |
-835 |
|
OP Margin |
11.5% |
6.20% |
-5.3% |
|
Gain/Loss (Financial, Etc.) |
-356 |
-204 |
152 |
|
Pretax Profit |
1944 |
1261 |
-683 |
|
Net Profit |
1382 |
970 |
-412 |
|
NP Margin |
6.9% |
4.1% |
-2.8% |
Table 3: Financial Summary _ B/S (Non-Consolidated)
Unit: KRW bn
|
|
2021 |
2022 |
|
Total Assets |
34,181 |
34,064 |
|
Current Assets |
10,190 |
10,949 |
|
(Cash & Cash equiv.) |
2,211 |
2,845 |
|
Non-Current Assets |
23,991 |
23,115 |
|
Total Liabilities |
16,415 |
15,521 |
|
Current Liabilities |
5,945 |
6,913 |
|
Non-Current Liabilities |
10,470 |
8,609 |
|
(Interest-Bearing Debt) |
10,840 |
9,978 |
|
Shareholder's Equity |
17,766 |
18,542 |
|
Capital Stock |
92.4% |
83.7% |
|
Liability to Equity |
667 |
667 |
|
Current Ratio |
171.4% |
158.4% |
Consolidated Results
Table 4: Financial Summary _ P/L (Consolidated)
Unit: KRW bn
|
|
2021 |
2022 |
YoY |
|
Revenue |
22,850 |
27,341 |
4,491 |
|
Gross Profit |
3524 |
2,834 |
-690 |
|
Operating Profit |
2448 |
1617 |
-831 |
|
OP Margin |
10.7% |
5.90% |
-4.8% |
|
Gain/Loss (Financial, Etc.) |
-298 |
-268 |
-106 |
|
Pretax Profit |
2149 |
1349 |
-800 |
|
Net Profit |
1505 |
1038 |
-467 |
|
NP Margin |
6.6% |
3.8% |
-2.8% |
Table 5: Financial Summary _ B/S (Consolidated)
Unit: KRW bn
|
|
2021 |
2022 |
|
Total Assets |
37,042 |
36,787 |
|
Current Assets |
12,776 |
13,191 |
|
(Cash & Cash equiv.) |
2,601 |
3,144 |
|
Non-Current Assets |
24,267 |
23,595 |
|
Total Liabilities |
18,782 |
17,657 |
|
Current Liabilities |
7,467 |
8,130 |
|
Non-Current Liabilities |
11,315 |
9,528 |
|
(Interest-Bearing Debt) |
12,205 |
11,529 |
|
Shareholder's Equity |
18,260 |
19,129 |
|
Liability to Equity |
102.9% |
92.3% |
|
Current Ratio |
171.1% |
162.3% |
Source:
Hyundai Steel |
(To contact the reporter on this story: jake.yang@steelhome.cn or 86-21-50585733 13816581143) |
