현대커머셜 2011년 1분기 IR자료 국문 Hyundai Commercial 2011 1Q IR Investor presentation Korean

1. Hyundai Commercial
is...
Investor Presentation Hyundai Commercial
May 2011

2. 01
, Captive
Market Share/
M/S
96.2
99.6 99.7 97.2
91.1 88.4 93.7 92.6 91.0
85.3
20,062 48.8
65.4 63.1 60.5 60.6 61.1 63.3 63.0 62.5
53.4 61.1
4,251
20.3
13,097
50.2% 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
2,866 6,708 ‘08 ‘09 ‘10 11
7,652
4,031
6,356 4,262 6,152 3,623 3,575
3,352 3,134 2,996
943 2,422 2,563 2,993 2,993
1,189 2,401
2,546 2,086
1,905 4,096 1,820 1,665 1,910
1,452 1,501 1,736
2,277 9,103 1,986 1,514 1,721
732 1,369 1,415
5,970 1,545 906 1,353
3,508 972 1,170 1,075 1,463 1,296
2,978 627 968
2,954 756 872
1,819 276 422 626 569 322 323 592 495 307 369
259
‘07 ‘08 ‘09 ‘10 ‘10.1Q ‘11.1Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
‘08 ‘09 ‘10 ‘11
Captive (HMC/KMC)

3. 02
Auto finance Portfolio
Portfolio % Portfolio
(56.6%) (29.5%) (3.8%) 2.1%
4.2%
(7.2%) PF(2.9%)
25,389
17.1%
727
23,332 1,817
971
810
1,733 34.3%
858 7,501 42.4%
14,392
797 7,004
634
518
10,497 Portfolio
675 4,173
531
8,217 130 1,120
142 14,373 9.2%
626 2,596
2,329 12,927 PF
NC. Loan 23.9%
8,270 17.9%
4,990 5,575
C. Loan
‘07. 4Q ‘08. 4Q ‘09. 4Q ‘10. 4Q ‘11.1Q 49.0%
89.0 77.8 86.4 85.4 86.2 Auto

4. 03
738
‘09 ‘10 ‘10.1Q ‘11.1Q YoY 39.4%
1,630 2,338 496 764 54.0%
316 240
172
1,354 1,754 362 565 56.1% 140
775 1,109 235 340 44.4%
‘08 ‘09 ‘10 ‘10.1Q ‘11.1Q
386 514 90 138 54.1%
K-GAAP Vs IFRS
106 98 13 53 302.8%
K-GAAP 843
87 33 24 34 43.3%
(-)92 ABS
276 584 134 199 48.3% (+)15
(-)19 HCC
40 154 38 41 8.0%
(-)9
316 738 172 240 39.4% (-)105
* ’10 IFRS ’10 K-GAPP – 843
IFRS 738

5. 04
Portfolio 3
NPL Coverage *
NPL
384.3%
2.10% 224.7%
2.04% 172.5%
140.8%
1.03% 138.9%
0.84% 0.82%
30+
247
216 219
0.19% 170 158
0.12% 0.09% 152 143
0.08% 0.05% 121
90+
96
39
’07.4Q ’08.4Q ’09.4Q ’10.4Q ’11.1Q ’07.4Q ’08.4Q ’09.4Q ’10.4Q ’11.1Q

6. 05
6
CP Coverage Ratio
CP +Credit Line)
149.1%
91.5%
70.5% 80.4% 77.4%
27,586
3,893
24,770 4,000 ABS(14.5%)
2,000 3,230
21,847 2,610 CP(9.5%)
2,610
2,513 2,500
3,230 2,300 2,293
19,638 2,300 1,616 2,080 1,672
16,208 2,500 2,080
5,073 (18.4%) ’10.1Q ’10.2Q ’10.3Q ’10.4Q ’11.1Q
2,513 2,293 4,517
4,000
3,200 3,200
150.0%
143.4% 136.7% 132.3%
15,022 15,902 (57.6%) 106.2%
10,495 11,645 13,467
1.98
1.83
1.76
1.69
1.33 1.28 1.28 1.28 1.32
1.25
’10.1Q ’10.2Q ’10.3Q ’10.4Q ’11.1Q ’10.1Q ’10.2Q ’10.3Q ’10.4Q ’11.1Q

7. [Appendix] Fact Sheet - HCI
06
(Unit : KRW Bn, %)
2007 1H08 2H08 1H09 2H09 1Q10 2Q10 3Q10 4Q10 1Q11
Total 822 970 1,050 1,170 1,438 1,586 1,847 2,065 2,333 2,539
89.1% 80.4% 77.8% 87.6% 86.4% 87.3% 87.6% 87.0% 85.4% 86.2%
10.9% 19.6% 22.2% 12.4% 13.6% 12.7% 12.4% 13.0% 14.6% 13.8%
0.5% 0.7% 1.2% 0.8% 0.7% 0.7% 0.5% 0.6% 0.6% 0.6%
30 1.9% 2.4% 2.1% 1.6% 0.9% 1.0% 1.0% 1.1% 1.0% 0.8%
NPL Coverage ratio 384.3% 251.5% 140.8% 192.5% 224.7% 187.8% 206.8% 188.7% 172.5% 138.9%
9.5 3.7 3.3 8.6 7.2 14.1 16.5 14.4 13.4 19.9
10.1% 9.5% 7.8% 9.7% 9.3% 9.2% 11.5% 10.8% 10.3% 10.8%
11.1X 11.9X 13.5X 14.2X 13.6X 13.2X 13.8X 13.9X 13.8X 14.2X
69.2% 65.5% 66.2% 57.7% 63.5% 64.8% 59.3% 61.6% 60.6% 57.6%
CP 21.8% 16.2% 8.9% 22.3% 19.1% 15.5% 11.7% 9.5% 13.0% 9.5%
9.0% 18.2% 24.9% 20.0% 17.4% 19.7% 16.3% 18.3% 18.2% 18.4%
ABS - - - - - - 12.7% 10.5% 8.1% 14.5%
Total 780 932 998 1,238 1,481 1,621 1,964 2,185 2,477 2,759
Total 2011 2012 2013 2014 2015 2016 2016
2,759 643 815 474 535 162 90 40