2009年12月韩国汽车行业研究报告

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【出版时间及名称】：2009年12月韩国汽车行业研究报告
        【作者】：大宇证券
        【文件格式】：PDF
        【页数】：32
        【目录或简介】：

Contents
I. 2010 Forecasts ..............................................................................................................3
1. 2009 Review....................................................................................................................3
2. 2010 Forecasts................................................................................................................4
II. Mid- to long-term outlook ..............................................................................................8
1. Recovery of supply/demand and high competitive edge in 2010 ...................................8
2. Outlook for global demand and production at HMC and Kia Motors ............................10
III. Issue analysis ............................................................................................................ 11
1. Hyundai-Kia Automotive Group to improve cost structure markedly ............................11
2. Green car is a distant threat ..........................................................................................12
IV. Investment strategies and valuation...........................................................................13
Hyundai Motor (005380 KS)............................................................................................15
Kia Motors (000270 KS)..................................................................................................17
Hyundai Mobis (012330 KS) ...........................................................................................19
Sungwoo Hitech (015750 KQ) ........................................................................................21
Pyeong Hwa Automotive (043370 KQ) ...........................................................................23
2009 Quarterly earnings outlook and annual earnings forecast revisions........................24
S&T Dynamics (003570 KS) ...........................................................................................26
Halla Climate Control (018880 KS) .................................................................................28

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