Asset Revaluation Increases Assets by 910 Billion Won, Improving Financial Structure


  • Asset revaluation on land and investment properties: book value 744.7 billion won → revalued amount 1,654.8 billion won, revaluation gain 910.1 billion won
  • Planned accounting treatment: assets increase by 910.1 billion won, deferred tax liabilities increase by 230 billion won, equity (revaluation surplus etc.) increases by 680.1 billion won
  • Revaluation gain amounts to 3.2% of total assets (consolidated, 2,840.6 trillion won)
  • Purpose: reflect fair value under K-IFRS and improve financial structure; subject to change per external audit results

KOSPI Filing Information


  • Asset Revaluation Result (Voluntary Disclosure)
  • Company: HYUNDAI ENGINEERING & CONSTRUCTION (000720)
  • Submission: HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD
  • Under KRX KOSPI Market Division

  • Shares: 111,355,765
  • Price: 171,400 KRW
  • Market Cap: 19,086.4 B KRW