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Hyundai Kefico Corporation Business Report FY ended Dec. 2017
Financial Overview (Consolidated) |
(in millions of won) |
| FY ended Dec. 2017 | FY ended Dec. 2016 | Rate of change (%) |
|
| Sales | 1,663,258 | 1,806,666 | (7.9) |
| Operating income | 17,971 | 106,007 | (83.0) |
| Net income | 38,290 | 126,247 | (69.6) |
Sales by Product (non-consolidated) |
(In KRW 100 million) |
| Product | FY ended Dec. 2017 | FY ended Dec. 2016 | FY ended Dec. 2015 | |||
| Sales | Percentage | Sales | Percentage | Sales | Percentage | |
| Control units | 3,922 | 23.6 | 4,042 | 22.4 | 3,920 | 24.3 |
| Actuators | 3,536 | 21.3 | 4,328 | 24.0 | 4,352 | 27.0 |
| Sensors | 3,757 | 22.6 | 4,108 | 22.7 | 3,936 | 24.5 |
| Modules | 5,315 | 32.0 | 5,508 | 30.5 | 3,869 | 24.0 |
| Others | 104 | 0.6 | 81 | 0.4 | 27 | 0.2 |
| Total | 18,067 | 100.0 | 18,067 | 100.0 | 16,104 | 100.0 |
R&D Structure
| Year established |
Facility |
| 1992 | KETI (KEFICO Engineering Technology Institute) |
| 1996 | Application Center |
| 2005 | Reliability Center |
| 2014 | R&D Center for Electric Control Systems (Main building) |
| 2015 | R&D Center for Electric Control Systems (Annex) |
R&D Expenses |
(in KRW million) |
| FY ended Dec. 2017 | FY ended Dec. 2016 | FY ended Dec. 2015 | |
| Amount | 72,659 | 84,069 | 69,062 |
| In relation to sales (%) | 4.07 | 4.18 | 3.82 |
Major R&D Achievements
| Details | |
| 2016/02/29 | Commercial production of fuel-rails for Kapa1.4 T-GDI engine |
| 2016/06/18 | Commercial production of Kapa fuel-consumption-enhancing oxygen sensor |
| 2016/06/23 | Commercial production of Kapa fuel-consumption-enhancing electronic throttle valve |
| 2016/07/07 | Commercial production of sunroof control unit |
| 2016/08/11 | Commercial production of 7-speed DCT inhibitor switch |
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