SlideShare a Scribd company logo
EARNINGS RELEASE
1Q 2024
Disclaimer
This presentation and its contents have been prepared by Hyundai Capital Services, Inc. (“HCS” or “the
Company”) solely for information purposes, and may not be reproduced, published, redistributed, or transferred,
directly or indirectly to any other person, in whole or in part, for any purpose.
The Company has not taken measures to independently verify data contained in this material. 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 herein. This presentation shall not be construed as legal, tax, investment, or other advice.
Financial statements in this document have been prepared in accordance with K-IFRS. Other additional contents such as market or
industry information have been sourced internally or from various associations. The data contained in this presentation is current
as of the date hereof, but the Company shall not be liable for any updates or verification of the contents thereafter.
Certain information and statements in this presentation contain estimates and other “forward-looking statements” which should
be approached with caution. The Company shall not be responsible for any losses or damages incurred based on these forward-
looking statements.
Hyundai Capital Services (HCS)
Leading Captive Finance Company in the Market
Credit Ratings②
• Domestic
Business Portfolio
Auto
captive
Auto
maker 82.4%
Auto
₩
17.6%
Non-Auto
Key Figures①
Financial Assets
34.4
TKRW
IBT
177.4
Bn KRW
Shareholders
• Global
A3
Baa1
Baa2
2022 2023 2024
1
Hyundai Motor Group (HMG)
99.9% ownership
59.7%
40.1%
Hyundai
Motor
KIA
② Rating agencies: Domestic (NICE), Global (Moody’s)
2022 2023 2024
AA+
AA
AA-
AAA
① As of ‘24.03 End
76,814 75,809
81,760
Hyundai Motor Group (HMG)
Maintaining Focus on Profitability, through Improved Regional Mix and Focus on High Value Vehicles
HMG Sales Mix and Profitability
• Slight decrease in sales from temporary shutdown of production due
to EV transition
• Increased share of high ASP models such as Genesis and SUV
HMG Global Car Sales①
6,666 6,845
7,306
2021 2022 2023
• Maintaining high profitability from improved sales mix focused on
high ASP models and hybrid vehicles
Operating
income
Operating
margin
Revenues
(T KRW)
(K units)
Car Sales by Region
Global
HMG Global
Car Sales
Others
India
Europe③
North
Americas②
Korea
2
Korea North Americas
Europe India
HMC KIA
① HMC, KIA Biz. Performance Report, Wholesale ② HMC North Americas, KIA US ③ HMC Europe, KIA Western Europe ④ HMC Genesis+SUV, KIA RV
1,791 1,767
1Q23 1Q24
18,910
19,436
22%
13%
18%
31%
17%
1,767
1Q24
333 298
1Q23 1Q24
504 542
1Q23 1Q24
307 313
1Q23 1Q24
224 226
1Q23 1Q24
57.8%
62.8%
1Q23 1Q24
Portion of
High ASP
Models④
66.1%
72.6%
1Q23 1Q24
HMC KIA
+5.0%p
+6.5%p
2.9 3.4
24
26
3.6 3.6
38
41
12.6%
13.1%
9.5% 8.7%
2.3 1.9
1.0 0.9
3.6
3.4
3.2 3.2
0.8 1.6
1.5 1.6
0.3 0.3
0.5 0.5
7.0T 7.2T
6.2T 6.1T
2021 2022 2023 1Q24
Asset
Stronger HMG Sales Support Resulted in Highest Auto Portion in 12 Years
Auto Non-Auto
• New cars: Maintained asset volume despite decrease in production
• Lease: Continued growth, with focus on high ASP models
• Used cars: Offering captive financing for HMG’s CPO business
• P-Loan: 100% X-Sell to Auto Finance Customers
• PF: Sound portfolio focused on term loan, senior tranche,
metropolitan exposure (4.6%)
New Car
Lease
Used car
Portion
3
(T KRW)
P-Loan
Mortgage
Others
PF
Portion
(T KRW)
73.5% 73.3% 76.8% 78.7%
M/S
77.6% 78.3%
82.1% 82.4%
P-Loan % 7.2% 5.6% 2.8% 2.5%
22.4% 21.7%
17.9% 17.6%
14.8 15.8 17.5 17.3
6.7
7.6
7.9 8.0
2.8
2.6
2.9 3.0
24.3T
26.1T
28.3T 28.4T
2021 2022 2023 1Q24
P&L
Improved Profitability from Enhanced Auto Product Competitiveness and Stabilized Bad Debt Expense
Summary of Financial Statement
(Bn KRW)
Key Message
• Revenue increase from auto-centric asset growth (34.4T, YoY +4.4%)
Lease income
Operating Revenue①
Operating Expense②
Operating Income
Interest expense
Installment income
IBT
Bad debt expense
Non-operating Income
Equity Method
income
- Sharp increase in Installment income from enhanced product competitiveness
- Lease income boosted from increased demand for high ASP vehicle leasing
• Operating Expense increased from high interest rate environment
30+ %
- Interest expense increased from continued high interest rate trends
- Stable asset quality, despite industry wide deterioration
• Stable delinquency% from pre-emptive risk management
①, ② Excl. FX and derivatives impact ③ Reflects 40.5Bn KRW equity method losses by impairment assessment of HCBE after Allane acquisition
④ Reflecting reduction in corporate tax expense of 99.3Bn, due to change in the accounting treatment of deferred corporate tax following the dividend payout of HCUK, BHAF
Net Income
4
SG&A
2022
3,787.0
3,311.8
474.5
711.8
583.3
1,799.8
610.5
198.3
108.8
103.8
437.1
676.0
2023
4,478.7
4,108.1
364.3
1,087.4
432.7
2,185.5
827.7
279.4
68.4
59.7③
459.9④
704.2
+13.9%
YoY
+10.4%
+54.8%
+16.3%
+107.3%
+29.4%
+19.0%
-15.2%
+344.1%
+280.9%
+112.2%
+8.3%
1Q23
1,053.2
954.7
96.8
254.9
85.5
488.4
186.4
66.4
-11.3
-13.4③
65.0
164.0
1Q24
1,199.7
1,054.2
149.9
296.4
177.4
581.0
241.2
56.3
27.5
24.2
137.8
177.6
1.48%
0.94% 1.04% 0.92% 0.91%
2020 2021 2022 2023 1Q24
Key Index
Solid Financial Position Maintained Within Regulatory Guidelines
Provision Funding
• Regulatory reserves managed above government guideline(100%) • Stable funding through portfolio diversification
Debt
Balance
31.1T KRW
1Q24 Guideline
6M Coverage①
130% 100%
ALM②
126% 100%
Liquidity
• Stable liquidity mgmt. based on conservative internal guideline
Capital Adequacy
• Leverage managed well below regulatory guideline (9x)
5
• Leading the ESG bond market, through issuance of Green Bonds
& SLB (Sustainability-linked Bonds)
Asset Leverage
(Asset/Equity)
Regulatory
Reserve
Coverage
① Total liquidity / 6M coverage ② Average maturity of liability / Average maturity of asset
122.6%
129.4% 131.1% 131.5%
2021 2022 2023 1Q24
Domestic Bond
53%
Overseas
Bond
20%
ABS
17%
Bank
9%
CP
1%
USD JPY AUD CHF
CNY EUR HKD SGD
7.2x 7.4x 7.2x 7.0x
2021 2022 2023 1Q24
No dividend Payout since ’21
Appendix
1.Financial Statements
2.Key Figures
1. Financial Statements
Consolidated Income Statement Consolidated Statement of Financial Position
(Bn KRW) 2021 2022 2023 1Q24
Operating Revenue①
2,941.2 3,787.0 4,478.7 1,199.7
Interest income 1,493.7 1,647.3 1,876.4 501.0
Installment income 588.8 610.5 827.7 241.2
Other interest income 904.9 1,036.8 1,048.7 259.8
Fee income 161.0 158.7 161.7 44.7
Lease income 1,109.4 1,799.8 2,185.5 581.0
Gain on sales of loan
receivables
7.9 24.3 53.7 22.7
Others 169.2 156.9 201.4 50.3
Operating Expense②
2,469.8 3,311.8 4,108.1 1,054.2
Interest expense 557.7 711.8 1,087.4 296.4
Fee expense 160.1 169.8 180.7 43.2
Lease expense 906.7 1,500.2 1,776.1 464.1
Bad debt expense 139.5 198.3 279.4 56.3
Loss on sales of loan
receivables
0.0 2.7 2.0 0.4
SG&A 620.2 676.0 704.2 177.6
Others 85.6 53.0 78.3 16.2
Operating Income 486.1 474.5 364.3 149.9
Non-operating Income 89.1 108.8 68.4 27.5
Equity method income 71.5 103.8 59.7 24.2
IBT 575.2 583.3 432.7 177.4
Net Income 432.6 437.1 459.9 137.8
(Bn KRW) 2021 2022 2023 1Q24
Asset 34,917.1 38,647.5 39,602.0 39,518.0
Cash and deposit 525.1 1,973.3 1,136.4 799.3
Securities 2,654.4 2,743.0 3,371.4 3,688.4
Loan receivables 10,118.0 9,942.9 9,237.7 9,216.1
Installment assets 13,752.1 14,720.8 16,411.3 16,265.6
Lease receivables 2,108.3 2,044.9 2,011.3 2,032.9
Lease assets 4,559.0 5,538.1 5,876.9 5,928.4
Tangible assets 196.8 209.3 195.3 195.6
Others 1,003.3 1,475.3 1,361.7 1,391.8
Liabilities 29,710.3 33,017.8 33,565.9 33,313.9
Borrowings 28,519.1 31,399.2 31,828.8 31,654.2
Others 1,191.2 1,618.6 1,737.2 1,659.7
Equity 5,206.7 5,629.7 6,036.1 6,204.1
Capital 496.5 496.5 496.5 496.5
Capital surplus 388.6 388.6 388.6 388.6
Retained earnings 4,228.8 4,665.9 5,122.1 5,259.9
Others 92.8 78.7 28.8 59.0
①,② Excluding FX and derivatives effect
2. Key Figures
(Bn KRW) 2021 2022 2023 1Q24
Financial Assets 31,340.7 33,271.6 34,526.7 34,439.2
Auto 24,322.6 26,061.3 28,341.9 28,375.2
New car 14,790.8 15,801.0 17,496.6 17,318.7
Lease/rent 6,736.1 7,641.4 7,933.1 8,008.2
Used car 2,795.7 2,618.8 2,912.2 3,048.3
Non-Auto 7,018.2 7,210.4 6,184.9 6,064.0
P-Loan 2,263.2 1,874.9 978.2 857.2
Mortgage 3,640.0 3,415.9 3,156.7 3,154.0
PF 806.2 1,571.3 1,528.2 1,576.4
Others 308.7 348.3 521.8 476.4
(Bn KRW) 2021 2022 2023 1Q24
Asset
Quality① 30+ Delinquency 0.94% 1.04% 0.92% 0.91%
Substandard and
below asset ratio
2.19% 2.17% 2.12% 2.16%
Total provision
/30+ receivables
274.0% 250.2% 278.1% 276.6%
Leverage②
7.2x 7.4x 7.2x 7.0x
Total assets 34,412.2 37,977.3 39,009.0 38,857.1
Total capital
(previous quarter)
4,780.2 5,149.0 5,450.6 5,533.7
Debt Balance③
28,209.0 30,818.0 31,360.5 31,136.9
Liquidity④
4,927.5 6,958.1 7,005.8 6,758.2
Cash 1,650.0 2,925.5 2,514.6 2,335.8
Credit Line 3,277.5 4,032.6 4,491.2 4,422.5
①,② Based on separate financial statements ③,④ Based on managerial accounting
THE END

More Related Content

Similar to 1Q24_EN hyundai capital 1q performance

1Q22_EN.pdf
1Q22_EN.pdf1Q22_EN.pdf
1Q22_EN.pdf
irhcs
 
3Q22_EN.pdf
3Q22_EN.pdf3Q22_EN.pdf
3Q22_EN.pdf
irhcs
 
2Q22_EN.pdf
2Q22_EN.pdf2Q22_EN.pdf
2Q22_EN.pdf
irhcs
 
2022_EN.pdf
2022_EN.pdf2022_EN.pdf
2022_EN.pdf
irhcs
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
Hyundai Finance
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
Hyundai Finance
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
Hyundai Finance
 
Hyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) enHyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) en
Hyundai Finance
 
Hyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) enHyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) en
Hyundai Finance
 
4 q18 hcc_presentation_web_eng_190326
4 q18 hcc_presentation_web_eng_1903264 q18 hcc_presentation_web_eng_190326
4 q18 hcc_presentation_web_eng_190326
Hyundai Finance
 
캐피탈3분기 영문
캐피탈3분기 영문캐피탈3분기 영문
캐피탈3분기 영문
Hyundai Finance
 
현대카드 Ir 자료 (2016 2 q) jp
현대카드 Ir 자료 (2016 2 q) jp현대카드 Ir 자료 (2016 2 q) jp
현대카드 Ir 자료 (2016 2 q) jp
Hyundai Finance
 
캐피탈 영문
캐피탈 영문캐피탈 영문
캐피탈 영문
Hyundai Finance
 
캐피탈 영문
캐피탈 영문캐피탈 영문
캐피탈 영문
Hyundai Finance
 
현대카드 Ir 자료 (2016 2 q) en
현대카드 Ir 자료 (2016 2 q) en현대카드 Ir 자료 (2016 2 q) en
현대카드 Ir 자료 (2016 2 q) en
Hyundai Finance
 
Q4FY24 Investor-Presentation.pdf bank slide
Q4FY24 Investor-Presentation.pdf bank slideQ4FY24 Investor-Presentation.pdf bank slide
Q4FY24 Investor-Presentation.pdf bank slide
mukulupadhayay1
 
4 q18 hcs_presentation_web_eng_190326
4 q18 hcs_presentation_web_eng_1903264 q18 hcs_presentation_web_eng_190326
4 q18 hcs_presentation_web_eng_190326
Hyundai Finance
 
2016년 2분기 ir 자료 캐피탈en
2016년 2분기 ir 자료 캐피탈en2016년 2분기 ir 자료 캐피탈en
2016년 2분기 ir 자료 캐피탈en
Hyundai Finance
 
4 q18 hcs_presentation_web_eng_190419
4 q18 hcs_presentation_web_eng_1904194 q18 hcs_presentation_web_eng_190419
4 q18 hcs_presentation_web_eng_190419
Hyundai Finance
 
1q17hcceng
1q17hcceng1q17hcceng
1q17hcceng
Hyundai Finance
 

Similar to 1Q24_EN hyundai capital 1q performance (20)

1Q22_EN.pdf
1Q22_EN.pdf1Q22_EN.pdf
1Q22_EN.pdf
 
3Q22_EN.pdf
3Q22_EN.pdf3Q22_EN.pdf
3Q22_EN.pdf
 
2Q22_EN.pdf
2Q22_EN.pdf2Q22_EN.pdf
2Q22_EN.pdf
 
2022_EN.pdf
2022_EN.pdf2022_EN.pdf
2022_EN.pdf
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
 
1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf1 q19 hcs_presentation_web_eng_190529.vf
1 q19 hcs_presentation_web_eng_190529.vf
 
Hyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) enHyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) en
 
Hyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) enHyundai card ir material (fy 2016 1 q) en
Hyundai card ir material (fy 2016 1 q) en
 
4 q18 hcc_presentation_web_eng_190326
4 q18 hcc_presentation_web_eng_1903264 q18 hcc_presentation_web_eng_190326
4 q18 hcc_presentation_web_eng_190326
 
캐피탈3분기 영문
캐피탈3분기 영문캐피탈3분기 영문
캐피탈3분기 영문
 
현대카드 Ir 자료 (2016 2 q) jp
현대카드 Ir 자료 (2016 2 q) jp현대카드 Ir 자료 (2016 2 q) jp
현대카드 Ir 자료 (2016 2 q) jp
 
캐피탈 영문
캐피탈 영문캐피탈 영문
캐피탈 영문
 
캐피탈 영문
캐피탈 영문캐피탈 영문
캐피탈 영문
 
현대카드 Ir 자료 (2016 2 q) en
현대카드 Ir 자료 (2016 2 q) en현대카드 Ir 자료 (2016 2 q) en
현대카드 Ir 자료 (2016 2 q) en
 
Q4FY24 Investor-Presentation.pdf bank slide
Q4FY24 Investor-Presentation.pdf bank slideQ4FY24 Investor-Presentation.pdf bank slide
Q4FY24 Investor-Presentation.pdf bank slide
 
4 q18 hcs_presentation_web_eng_190326
4 q18 hcs_presentation_web_eng_1903264 q18 hcs_presentation_web_eng_190326
4 q18 hcs_presentation_web_eng_190326
 
2016년 2분기 ir 자료 캐피탈en
2016년 2분기 ir 자료 캐피탈en2016년 2분기 ir 자료 캐피탈en
2016년 2분기 ir 자료 캐피탈en
 
4 q18 hcs_presentation_web_eng_190419
4 q18 hcs_presentation_web_eng_1904194 q18 hcs_presentation_web_eng_190419
4 q18 hcs_presentation_web_eng_190419
 
1q17hcceng
1q17hcceng1q17hcceng
1q17hcceng
 

More from irhcs

1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
irhcs
 
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
irhcs
 
Hyundai capital 2024 1q earnings release
Hyundai capital 2024 1q earnings releaseHyundai capital 2024 1q earnings release
Hyundai capital 2024 1q earnings release
irhcs
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
irhcs
 
2023_KO 현대캐피탈 주식회사와 그 종속기업에 대한 연결재무제표 입니다.
2023_KO 현대캐피탈  주식회사와 그 종속기업에 대한 연결재무제표 입니다.2023_KO 현대캐피탈  주식회사와 그 종속기업에 대한 연결재무제표 입니다.
2023_KO 현대캐피탈 주식회사와 그 종속기업에 대한 연결재무제표 입니다.
irhcs
 
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
irhcs
 
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
irhcs
 
3Q23_EN.pdf
3Q23_EN.pdf3Q23_EN.pdf
3Q23_EN.pdf
irhcs
 
2023년 3분기_KO.pdf
2023년 3분기_KO.pdf2023년 3분기_KO.pdf
2023년 3분기_KO.pdf
irhcs
 
2023년 3분기_KO.pdf
2023년 3분기_KO.pdf2023년 3분기_KO.pdf
2023년 3분기_KO.pdf
irhcs
 
2Q23_EN.pdf
2Q23_EN.pdf2Q23_EN.pdf
2Q23_EN.pdf
irhcs
 
2023년 2분기_KO.pdf
2023년 2분기_KO.pdf2023년 2분기_KO.pdf
2023년 2분기_KO.pdf
irhcs
 
2023년 2분기_KO.pdf
2023년 2분기_KO.pdf2023년 2분기_KO.pdf
2023년 2분기_KO.pdf
irhcs
 
2020_EN.pdf
2020_EN.pdf2020_EN.pdf
2020_EN.pdf
irhcs
 
1Q21_EN.pdf
1Q21_EN.pdf1Q21_EN.pdf
1Q21_EN.pdf
irhcs
 
2Q21_EN.pdf
2Q21_EN.pdf2Q21_EN.pdf
2Q21_EN.pdf
irhcs
 
3Q21_EN.pdf
3Q21_EN.pdf3Q21_EN.pdf
3Q21_EN.pdf
irhcs
 
2021_EN.pdf
2021_EN.pdf2021_EN.pdf
2021_EN.pdf
irhcs
 
2020_Audit_EN.pdf
2020_Audit_EN.pdf2020_Audit_EN.pdf
2020_Audit_EN.pdf
irhcs
 
1Q21_Audit_EN.pdf
1Q21_Audit_EN.pdf1Q21_Audit_EN.pdf
1Q21_Audit_EN.pdf
irhcs
 

More from irhcs (20)

1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
1Q24_HYUNDAI CAPITAL SERVICES INC. AND SUBSIDIARIES
 
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
2024년 1분기 현대캐피탈 주식회사와 그 중속기업 분기연결재무제표에 대한 검토보고서
 
Hyundai capital 2024 1q earnings release
Hyundai capital 2024 1q earnings releaseHyundai capital 2024 1q earnings release
Hyundai capital 2024 1q earnings release
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
 
2023_KO 현대캐피탈 주식회사와 그 종속기업에 대한 연결재무제표 입니다.
2023_KO 현대캐피탈  주식회사와 그 종속기업에 대한 연결재무제표 입니다.2023_KO 현대캐피탈  주식회사와 그 종속기업에 대한 연결재무제표 입니다.
2023_KO 현대캐피탈 주식회사와 그 종속기업에 대한 연결재무제표 입니다.
 
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
2024년 1분기 현대캐피탈 실적, 현대캐피탈 소개 및 자산, 손익 주요지표 등
 
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
2023년 KO. EARNINGS RELEASE. Hyundai Capital Services
 
3Q23_EN.pdf
3Q23_EN.pdf3Q23_EN.pdf
3Q23_EN.pdf
 
2023년 3분기_KO.pdf
2023년 3분기_KO.pdf2023년 3분기_KO.pdf
2023년 3분기_KO.pdf
 
2023년 3분기_KO.pdf
2023년 3분기_KO.pdf2023년 3분기_KO.pdf
2023년 3분기_KO.pdf
 
2Q23_EN.pdf
2Q23_EN.pdf2Q23_EN.pdf
2Q23_EN.pdf
 
2023년 2분기_KO.pdf
2023년 2분기_KO.pdf2023년 2분기_KO.pdf
2023년 2분기_KO.pdf
 
2023년 2분기_KO.pdf
2023년 2분기_KO.pdf2023년 2분기_KO.pdf
2023년 2분기_KO.pdf
 
2020_EN.pdf
2020_EN.pdf2020_EN.pdf
2020_EN.pdf
 
1Q21_EN.pdf
1Q21_EN.pdf1Q21_EN.pdf
1Q21_EN.pdf
 
2Q21_EN.pdf
2Q21_EN.pdf2Q21_EN.pdf
2Q21_EN.pdf
 
3Q21_EN.pdf
3Q21_EN.pdf3Q21_EN.pdf
3Q21_EN.pdf
 
2021_EN.pdf
2021_EN.pdf2021_EN.pdf
2021_EN.pdf
 
2020_Audit_EN.pdf
2020_Audit_EN.pdf2020_Audit_EN.pdf
2020_Audit_EN.pdf
 
1Q21_Audit_EN.pdf
1Q21_Audit_EN.pdf1Q21_Audit_EN.pdf
1Q21_Audit_EN.pdf
 

Recently uploaded

Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Enabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta EcksteinEnabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta Eckstein
Jutta Eckstein
 
MECE (Mutually Exclusive, Collectively Exhaustive) Principle
MECE (Mutually Exclusive, Collectively Exhaustive) PrincipleMECE (Mutually Exclusive, Collectively Exhaustive) Principle
MECE (Mutually Exclusive, Collectively Exhaustive) Principle
Operational Excellence Consulting
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
PennapaKeavsiri
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
IPLTech Electric
 
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka ResultsKalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Satta Matka Dpboss Kalyan Matka Results
 
High-Quality IPTV Monthly Subscription for $15
High-Quality IPTV Monthly Subscription for $15High-Quality IPTV Monthly Subscription for $15
High-Quality IPTV Monthly Subscription for $15
advik4387
 
deft. 2024 pricing guide for onboarding
deft.  2024 pricing guide for onboardingdeft.  2024 pricing guide for onboarding
deft. 2024 pricing guide for onboarding
hello960827
 
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdfPDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
HajeJanKamps
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
dpbossdpboss69
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Discover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling ServiceDiscover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling Service
obriengroupinc04
 
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
eaqmokn
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani case
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
satta Matta matka 143 Kalyan chart jodi 6366249026
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
Cambridge Product Management Network
 
Cover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SUCover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SU
msthrill
 

Recently uploaded (20)

Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Enabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta EcksteinEnabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta Eckstein
 
MECE (Mutually Exclusive, Collectively Exhaustive) Principle
MECE (Mutually Exclusive, Collectively Exhaustive) PrincipleMECE (Mutually Exclusive, Collectively Exhaustive) Principle
MECE (Mutually Exclusive, Collectively Exhaustive) Principle
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
 
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka ResultsKalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
 
High-Quality IPTV Monthly Subscription for $15
High-Quality IPTV Monthly Subscription for $15High-Quality IPTV Monthly Subscription for $15
High-Quality IPTV Monthly Subscription for $15
 
deft. 2024 pricing guide for onboarding
deft.  2024 pricing guide for onboardingdeft.  2024 pricing guide for onboarding
deft. 2024 pricing guide for onboarding
 
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdfPDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
PDT 99 - $3.5M - Seed - Feel Therapeutics.pdf
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
 
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Discover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling ServiceDiscover the Beauty and Functionality of The Expert Remodeling Service
Discover the Beauty and Functionality of The Expert Remodeling Service
 
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
一比一原版(lbs毕业证书)英国伦敦商学院毕业证如何办理
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
 
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fixKalyan chart 6366249026 India satta Matta Matka 143 jodi fix
Kalyan chart 6366249026 India satta Matta Matka 143 jodi fix
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
 
Cover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SUCover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SU
 

1Q24_EN hyundai capital 1q performance

  • 2. Disclaimer This presentation and its contents have been prepared by Hyundai Capital Services, Inc. (“HCS” or “the Company”) solely for information purposes, and may not be reproduced, published, redistributed, or transferred, directly or indirectly to any other person, in whole or in part, for any purpose. The Company has not taken measures to independently verify data contained in this material. 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 herein. This presentation shall not be construed as legal, tax, investment, or other advice. Financial statements in this document have been prepared in accordance with K-IFRS. Other additional contents such as market or industry information have been sourced internally or from various associations. The data contained in this presentation is current as of the date hereof, but the Company shall not be liable for any updates or verification of the contents thereafter. Certain information and statements in this presentation contain estimates and other “forward-looking statements” which should be approached with caution. The Company shall not be responsible for any losses or damages incurred based on these forward- looking statements.
  • 3. Hyundai Capital Services (HCS) Leading Captive Finance Company in the Market Credit Ratings② • Domestic Business Portfolio Auto captive Auto maker 82.4% Auto ₩ 17.6% Non-Auto Key Figures① Financial Assets 34.4 TKRW IBT 177.4 Bn KRW Shareholders • Global A3 Baa1 Baa2 2022 2023 2024 1 Hyundai Motor Group (HMG) 99.9% ownership 59.7% 40.1% Hyundai Motor KIA ② Rating agencies: Domestic (NICE), Global (Moody’s) 2022 2023 2024 AA+ AA AA- AAA ① As of ‘24.03 End
  • 4. 76,814 75,809 81,760 Hyundai Motor Group (HMG) Maintaining Focus on Profitability, through Improved Regional Mix and Focus on High Value Vehicles HMG Sales Mix and Profitability • Slight decrease in sales from temporary shutdown of production due to EV transition • Increased share of high ASP models such as Genesis and SUV HMG Global Car Sales① 6,666 6,845 7,306 2021 2022 2023 • Maintaining high profitability from improved sales mix focused on high ASP models and hybrid vehicles Operating income Operating margin Revenues (T KRW) (K units) Car Sales by Region Global HMG Global Car Sales Others India Europe③ North Americas② Korea 2 Korea North Americas Europe India HMC KIA ① HMC, KIA Biz. Performance Report, Wholesale ② HMC North Americas, KIA US ③ HMC Europe, KIA Western Europe ④ HMC Genesis+SUV, KIA RV 1,791 1,767 1Q23 1Q24 18,910 19,436 22% 13% 18% 31% 17% 1,767 1Q24 333 298 1Q23 1Q24 504 542 1Q23 1Q24 307 313 1Q23 1Q24 224 226 1Q23 1Q24 57.8% 62.8% 1Q23 1Q24 Portion of High ASP Models④ 66.1% 72.6% 1Q23 1Q24 HMC KIA +5.0%p +6.5%p 2.9 3.4 24 26 3.6 3.6 38 41 12.6% 13.1% 9.5% 8.7%
  • 5. 2.3 1.9 1.0 0.9 3.6 3.4 3.2 3.2 0.8 1.6 1.5 1.6 0.3 0.3 0.5 0.5 7.0T 7.2T 6.2T 6.1T 2021 2022 2023 1Q24 Asset Stronger HMG Sales Support Resulted in Highest Auto Portion in 12 Years Auto Non-Auto • New cars: Maintained asset volume despite decrease in production • Lease: Continued growth, with focus on high ASP models • Used cars: Offering captive financing for HMG’s CPO business • P-Loan: 100% X-Sell to Auto Finance Customers • PF: Sound portfolio focused on term loan, senior tranche, metropolitan exposure (4.6%) New Car Lease Used car Portion 3 (T KRW) P-Loan Mortgage Others PF Portion (T KRW) 73.5% 73.3% 76.8% 78.7% M/S 77.6% 78.3% 82.1% 82.4% P-Loan % 7.2% 5.6% 2.8% 2.5% 22.4% 21.7% 17.9% 17.6% 14.8 15.8 17.5 17.3 6.7 7.6 7.9 8.0 2.8 2.6 2.9 3.0 24.3T 26.1T 28.3T 28.4T 2021 2022 2023 1Q24
  • 6. P&L Improved Profitability from Enhanced Auto Product Competitiveness and Stabilized Bad Debt Expense Summary of Financial Statement (Bn KRW) Key Message • Revenue increase from auto-centric asset growth (34.4T, YoY +4.4%) Lease income Operating Revenue① Operating Expense② Operating Income Interest expense Installment income IBT Bad debt expense Non-operating Income Equity Method income - Sharp increase in Installment income from enhanced product competitiveness - Lease income boosted from increased demand for high ASP vehicle leasing • Operating Expense increased from high interest rate environment 30+ % - Interest expense increased from continued high interest rate trends - Stable asset quality, despite industry wide deterioration • Stable delinquency% from pre-emptive risk management ①, ② Excl. FX and derivatives impact ③ Reflects 40.5Bn KRW equity method losses by impairment assessment of HCBE after Allane acquisition ④ Reflecting reduction in corporate tax expense of 99.3Bn, due to change in the accounting treatment of deferred corporate tax following the dividend payout of HCUK, BHAF Net Income 4 SG&A 2022 3,787.0 3,311.8 474.5 711.8 583.3 1,799.8 610.5 198.3 108.8 103.8 437.1 676.0 2023 4,478.7 4,108.1 364.3 1,087.4 432.7 2,185.5 827.7 279.4 68.4 59.7③ 459.9④ 704.2 +13.9% YoY +10.4% +54.8% +16.3% +107.3% +29.4% +19.0% -15.2% +344.1% +280.9% +112.2% +8.3% 1Q23 1,053.2 954.7 96.8 254.9 85.5 488.4 186.4 66.4 -11.3 -13.4③ 65.0 164.0 1Q24 1,199.7 1,054.2 149.9 296.4 177.4 581.0 241.2 56.3 27.5 24.2 137.8 177.6 1.48% 0.94% 1.04% 0.92% 0.91% 2020 2021 2022 2023 1Q24
  • 7. Key Index Solid Financial Position Maintained Within Regulatory Guidelines Provision Funding • Regulatory reserves managed above government guideline(100%) • Stable funding through portfolio diversification Debt Balance 31.1T KRW 1Q24 Guideline 6M Coverage① 130% 100% ALM② 126% 100% Liquidity • Stable liquidity mgmt. based on conservative internal guideline Capital Adequacy • Leverage managed well below regulatory guideline (9x) 5 • Leading the ESG bond market, through issuance of Green Bonds & SLB (Sustainability-linked Bonds) Asset Leverage (Asset/Equity) Regulatory Reserve Coverage ① Total liquidity / 6M coverage ② Average maturity of liability / Average maturity of asset 122.6% 129.4% 131.1% 131.5% 2021 2022 2023 1Q24 Domestic Bond 53% Overseas Bond 20% ABS 17% Bank 9% CP 1% USD JPY AUD CHF CNY EUR HKD SGD 7.2x 7.4x 7.2x 7.0x 2021 2022 2023 1Q24 No dividend Payout since ’21
  • 9. 1. Financial Statements Consolidated Income Statement Consolidated Statement of Financial Position (Bn KRW) 2021 2022 2023 1Q24 Operating Revenue① 2,941.2 3,787.0 4,478.7 1,199.7 Interest income 1,493.7 1,647.3 1,876.4 501.0 Installment income 588.8 610.5 827.7 241.2 Other interest income 904.9 1,036.8 1,048.7 259.8 Fee income 161.0 158.7 161.7 44.7 Lease income 1,109.4 1,799.8 2,185.5 581.0 Gain on sales of loan receivables 7.9 24.3 53.7 22.7 Others 169.2 156.9 201.4 50.3 Operating Expense② 2,469.8 3,311.8 4,108.1 1,054.2 Interest expense 557.7 711.8 1,087.4 296.4 Fee expense 160.1 169.8 180.7 43.2 Lease expense 906.7 1,500.2 1,776.1 464.1 Bad debt expense 139.5 198.3 279.4 56.3 Loss on sales of loan receivables 0.0 2.7 2.0 0.4 SG&A 620.2 676.0 704.2 177.6 Others 85.6 53.0 78.3 16.2 Operating Income 486.1 474.5 364.3 149.9 Non-operating Income 89.1 108.8 68.4 27.5 Equity method income 71.5 103.8 59.7 24.2 IBT 575.2 583.3 432.7 177.4 Net Income 432.6 437.1 459.9 137.8 (Bn KRW) 2021 2022 2023 1Q24 Asset 34,917.1 38,647.5 39,602.0 39,518.0 Cash and deposit 525.1 1,973.3 1,136.4 799.3 Securities 2,654.4 2,743.0 3,371.4 3,688.4 Loan receivables 10,118.0 9,942.9 9,237.7 9,216.1 Installment assets 13,752.1 14,720.8 16,411.3 16,265.6 Lease receivables 2,108.3 2,044.9 2,011.3 2,032.9 Lease assets 4,559.0 5,538.1 5,876.9 5,928.4 Tangible assets 196.8 209.3 195.3 195.6 Others 1,003.3 1,475.3 1,361.7 1,391.8 Liabilities 29,710.3 33,017.8 33,565.9 33,313.9 Borrowings 28,519.1 31,399.2 31,828.8 31,654.2 Others 1,191.2 1,618.6 1,737.2 1,659.7 Equity 5,206.7 5,629.7 6,036.1 6,204.1 Capital 496.5 496.5 496.5 496.5 Capital surplus 388.6 388.6 388.6 388.6 Retained earnings 4,228.8 4,665.9 5,122.1 5,259.9 Others 92.8 78.7 28.8 59.0 ①,② Excluding FX and derivatives effect
  • 10. 2. Key Figures (Bn KRW) 2021 2022 2023 1Q24 Financial Assets 31,340.7 33,271.6 34,526.7 34,439.2 Auto 24,322.6 26,061.3 28,341.9 28,375.2 New car 14,790.8 15,801.0 17,496.6 17,318.7 Lease/rent 6,736.1 7,641.4 7,933.1 8,008.2 Used car 2,795.7 2,618.8 2,912.2 3,048.3 Non-Auto 7,018.2 7,210.4 6,184.9 6,064.0 P-Loan 2,263.2 1,874.9 978.2 857.2 Mortgage 3,640.0 3,415.9 3,156.7 3,154.0 PF 806.2 1,571.3 1,528.2 1,576.4 Others 308.7 348.3 521.8 476.4 (Bn KRW) 2021 2022 2023 1Q24 Asset Quality① 30+ Delinquency 0.94% 1.04% 0.92% 0.91% Substandard and below asset ratio 2.19% 2.17% 2.12% 2.16% Total provision /30+ receivables 274.0% 250.2% 278.1% 276.6% Leverage② 7.2x 7.4x 7.2x 7.0x Total assets 34,412.2 37,977.3 39,009.0 38,857.1 Total capital (previous quarter) 4,780.2 5,149.0 5,450.6 5,533.7 Debt Balance③ 28,209.0 30,818.0 31,360.5 31,136.9 Liquidity④ 4,927.5 6,958.1 7,005.8 6,758.2 Cash 1,650.0 2,925.5 2,514.6 2,335.8 Credit Line 3,277.5 4,032.6 4,491.2 4,422.5 ①,② Based on separate financial statements ③,④ Based on managerial accounting