2. Disclaimer
These presentation materials have been prepared by Hyundai Commercial Inc. (“HCI or the Company”), solely for the use at this presentation and have
not been independently verified. No representations or warranties, express or implied, are made as to, and no reliance should be placed on, the
accuracy, fairness or completeness of the information presented or contained in this presentation. Neither the Company nor any of its affiliates,
advisers or representatives accepts any responsibility whatsoever for any loss or damage arising from any information presented or contained in this
presentation. The information presented or contained in this presentation is current as of the date hereof and is subject to change without notice and
its accuracy is not guaranteed. Neither the Company nor any of its affiliates, advisers or representatives make any undertaking to update any such
information subsequent to the date hereof. This presentation should not be construed as legal, tax, investment or other advice.
Certain information and statements made in this presentation contain “forward-looking statements.” Such forward-looking statements can be
identified by the use of forward-looking terminology such as “anticipate,”“believe,”“considering,”“depends,”“estimate,”“expect,”“intend,”“plan,”
“planning,” “planned,” “project,” “trend,” and similar expressions. All forward-looking statements are the Company’s current expectation of future
events and are subject to a number of factors that could cause actual results to differ materially from those described in the forward-looking
statements. Caution should be taken with respect to such statements and you should not place undue reliance on any such forward-looking
statements.
Certain industry and market data in this presentation was obtained from various trade associations, and the Company have not verified such data with
independent sources. Accordingly, the Company make no representations as to the accuracy or completeness of that data, and such data involves risks
and uncertainties and is subject to change based on various factors.
This presentation does not constitute an offer or invitation to purchase or subscribe for any shares or other securities of the Company and neither any
part of this presentation nor any information or statement contained therein shall form the basis of or be relied upon in connection with any contract or
commitment whatsoever. Any decision to purchase shares in any offering of shares of the Company should be made solely on the basis of the
information contained in the offering document which may be published or distributed in due course in connection with any offering of shares of the
Company, if any.
The contents of this presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published, in whole
or in part, for any purpose.
3. 3
2011 2012 2013 2014 YoY
영업수익 3,240 3,467 3,462 3,508 1.3%
영업비용 2,362 2,639 2,704 2,863 5.9%
대손비용 179 212 286 339 18.5%
영업이익 877 828 759 645 -15.0%
당기순이익 734 436 366 247 -32.5%
손익계산서손익계산서손익계산서손익계산서 (단위 : 억원)
2.9% 3.0%
2.7%
2.5%
2011 2012 2013 2014
ROAROAROAROA
* 신규취급 ROA
영업수익 증가
- 취급액 증가로 성장 Fundamental 유지
- 고수익 자산인 리스 수익의 증가
영업이익 및 당기순이익 감소
- 경쟁심화로 수익성 하락
- 현대라이프 지분법 평가손실 확대
사업포트폴리오 다각화로 취급 지속 확대
비용 구조 Rebalancing을 통한 효율화 추진
수익성수익성수익성수익성
Key HighlightsKey HighlightsKey HighlightsKey Highlights
전망전망전망전망 및및및및 전략전략전략전략
4. 4
시장시장시장시장 점유율점유율점유율점유율
• 총 여신규모 : 4.1 조원
• Auto 비중 : 79.0%
87.7% 91.0% 86.5% 89.9%
44.8% 41.9%
50.5% 50.7%
2011 2012 2013 2014
신차
47.9%
중고차
31.1%
공작기계
5.2%
기업금융
11.8%
PF 4.0%
중고차신차Captive
Auto 시장 지배적 지위 유지
- B2C에서 탈피, B2B 판매금융 강화
- 서비스 기반 상품 Line up 확대 (리스, RV* 등)
사업포트폴리오 다각화
- Auto 이외 기업금융, 공작기계 등 지속 확대
- Captive 협력사 위주의 안정적 기업금융 확대
안정적 사업모델 지속 발굴
- 운용리스, 렌탈 사업, NPL, 구조화금융 등
* RV : Residual Value
자산자산자산자산 및및및및 시장점유율시장점유율시장점유율시장점유율
Key HighlightsKey HighlightsKey HighlightsKey Highlights
전망전망전망전망 및및및및 전략전략전략전략
자산자산자산자산 포트폴리오포트폴리오포트폴리오포트폴리오
5. 5
30303030일일일일 이상이상이상이상 연체율연체율연체율연체율
0.8%
1.1%
0.7% 0.7%
2011 2012 2013 2014
2011 2012 2013 2014
실적립액* 253 381 413 467
요적립 coverage** 102% 142% 137% 145%
충당금충당금충당금충당금 적립액적립액적립액적립액 (단위 : 억원)
* 대손충당금 + 대손준비금
** (대손충당금+ 대손준비금) / 요적립액
경쟁사 대비 탁월한 자산건전성
- 경기침체에도 불구 연체율 안정화 지속
- 부동산 PF 부실 Zero 유지
보수적인 충당금 정책 지속
- 요적립액을 상회하는 적립율 지속 유지
체계적 리스크 관리 지속
우량고객 중심의 포트폴리오 유지
자산건전성자산건전성자산건전성자산건전성 및및및및 충당금충당금충당금충당금
Key HighlightsKey HighlightsKey HighlightsKey Highlights
전망전망전망전망 및및및및 전략전략전략전략
