HD Hyundai Marine Solution, Conglomerate Status Disclosure... Stable Financials, Internal Transaction Ratio 11.68% - Limited Direct Impact on Stock Price
Conglomerate status disclosure of HD Hyundai Marine Solution ('the Company'): As a member of HD Hyundai group, the same person is Jeong Mong-joon, and the representative company is HD Korea Shipbuilding & Offshore Engineering.
Financial position (end of prior fiscal year): Assets 1,118,067M KRW, Equity 791,833M KRW, Debt ratio 41.2%. No borrowings.
Income (prior fiscal year): Revenue 1,474,503M KRW, Operating profit 330,695M KRW, Net income 255,242M KRW.
Shareholder structure: Largest shareholder HD Hyundai Co., Ltd. holds 55.32% of common shares. Same person group total 55.35%, other shareholders 44.65%.
Overseas subsidiaries: Four wholly-owned subsidiaries in Netherlands, USA, Singapore, and UAE.
Internal transaction ratios: Sales to domestic affiliates 11.68% (172,279M KRW/1,474,503M KRW), purchases from domestic affiliates 35.69% (388,552M KRW/1,088,590M KRW). Similar levels to prior year.
Debt guarantees: Providing guarantees totaling 32,648M KRW for overseas subsidiaries.
Lease liabilities: Lease balance of 5,028M KRW with HD Hyundai and HD Hyundai Heavy Industries.
Transaction with public interest foundation: Service purchases of 22M KRW from Ulsan Institute of Technology.
[AI Comprehensive Analysis]This disclosure is a periodic conglomerate status report; it does not include matters directly affecting stock price such as new financing or dividend policy changes. Financial structure is stable and internal transaction ratios are somewhat high but no special issues, evaluated as neutral information from an investor perspective.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]