Hyundai Kefico Corporation Business Report FY ended Dec. 2018

Financial Overview (Consolidated)

(in millions of won)
FY ended Dec. 2018 FY ended Dec. 2017 Rate of
change (%)
Sales 1,839,713 1,663,258 10.6
Operating income 35,733 17,971 98.8
Net income 45,725 38,290 19.4



Sales by Product (non-consolidated)

(In KRW 100 million)
Product FY ended Dec. 2018 FY ended Dec. 2017 FY ended Dec. 2016
Sales Percentage Sales Percentage Sales Percentage
Control units 4,665 25.4 3,922 23.6 4,042 22.4
Actuators 4,375 23.8 3,536 21.3 4,328 24.0
Sensors 3,705 20.1 3,757 22.6 4,108 22.7
Modules 5,525 30.0 5,315 32.0 5,508 30.5
Others 127 0.7 104 0.6 81 0.4
Total 18,397 100.0 18,067 100.0 18,067 100.0

 

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. 2018 FY ended Dec. 2017 FY ended Dec. 2016
Amount 86,208 72,659 84,069
In relation to sales (%) 4.39 4.07 4.18

 

Major R&D Achievements

Details
2018/01 Newly developed PCU (BD, Gamma 2 MPI)
2018/01 Newly developed ECU (BD, Gamma 2 MPI)
2018/01 Newly developed AFMS (BD, Gamma 2 MPI)
2018/01 Newly developed High pressure pump (TM, theta 2 improved 2.4 GDI, 250 bar)
2018/01 Developed High pressure injector derivative product (TM, theta 2 improved 2.4 GDI, 250 bar)
2018/01 Newly developed camshaft position sensor (TL PE, new U)
2018/01 Newly developed differential pressure sensor (2ANU, new U, LP EGR, 1 bar analog)
2018/01 Newly developed LSU5.1 (OS, new U, TA)
2018/01 Newly developed LP EGR throttle valve (OS, new U)
2018/02 Newly developed diesel injector (OS, new U, TA)
2018/02 Newly developed diesel high pressure pump(OS, new U, TA)
2018/02 Newly developed diesel fuel rail (OS, new U, TA)
2018/02 Newly developed sunroof controller(TM, functional safety)
2018/02 Newly developed DPM (Improved TL, new GDI, 200 bar)
2018/02 Newly developed speed sensor (TMa, 8-speed transmission, front wheel drive heavy vehicles)
2018/03 Newly developed EPCU (OS/DE/SK, EV system)
2018/03 Newly developed BMS (OS/DE/SK, EV system)
2018/04 Newly developed BMS (LK, EV system, CGBMS6.11.2)
2018/04 Developed high pressure injector derivative products (TLe improved, Gamma 1.6 GDI, 250 bar)
2018/04 Developed high pressure pump derivative products (TLe improved, Gamma 1.6 GDI, 250 bar)
2018/05 Newly developed diesel ECU (OS, new U, TA)
2018/05 Developed high pressure injector derivative products (AE,DE/ADc PHEV, kappa 1.6 GDI HEV, 250 bar)
2018/05 Newly developed DPM (ADc PHEV, kappa 1.6 GDI HEV, 250 bar)
2018/06 Developed ETC2.1 derivative products (AH2, upsilon 1.1)
2018/07 Developed position sensors derivative products (China OEM, 6-speed transmission, front wheel drive vehicles)
2018/07 Developed AFMS derivative products (SQ, kappa 1.4 T-GDI)
2018/08 Developed DPM derivative products (TL improved, new GDI, 200 bar)
2018/09 Newly developed LSU5.2 (BD, Gamma 2, TA)
2018/10 Newly developed Position sensor (IG high pressure, improved 6-8speed and 7-speed DCT for front wheel drive vehicles, electric-powered SBW)
2018/11 Newly developed SCU (LX2, front wheel drive, 8-speed transmission, SBW)
2018/12 Developed low pressure injector derivative products (F30, BM16LE, Brilliance China Automotive Holding Linited)