Financials Hyundai Motor Company

Equities

A005380

KR7005380001

Auto & Truck Manufacturers

End-of-day quote Korea S.E. Other stock markets 2024-12-10			5-day change	1st Jan Change
210,500.00 ^KRW	+4.73%		-2.55%	+3.44%

Dec. 05	Global companies likely to be affected by Trump's promised tariffs	RE
Dec. 04	Hyundai Motor Group Partners with India's IITs for EV Research	MT

Projected Income Statement: Hyundai Motor Company

income-statement-evolution-chart HYUNDAI-MOTOR-COMPANY

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	105,790	103,998	117,611	142,528	162,664	173,022	179,597	187,377
Change	-	-1.69%	13.09%	21.19%	14.13%	6.37%	3.8%	4.33%
EBITDA ¹	7,437	7,259	11,235	14,867	20,073	20,324	20,718	21,238
Change	-	-2.4%	54.76%	32.33%	35.02%	1.25%	1.94%	2.51%
EBIT ¹	3,606	2,781	6,679	9,820	15,127	15,190	15,213	15,545
Change	-	-22.86%	140.14%	47.03%	54.05%	0.42%	0.15%	2.19%
Interest Paid ²	-316,979	-362,377	-304,542	-1,054,228	-970,700	-509,143	-535,000	-526,625
Earnings before Tax (EBT) ¹	4,164	2,480	7,960	10,948	17,619	18,946	18,678	19,261
Change	-	-40.44%	220.96%	37.54%	60.93%	7.53%	-1.41%	3.12%
Net income ¹	2,980	1,618	4,942	7,364	11,962	13,473	13,250	13,765
Change	-	-45.72%	205.52%	49.01%	62.43%	12.63%	-1.65%	3.89%
Announcement Date	3/4/20	1/26/21	1/25/22	1/26/23	1/25/24	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	27,868	25,319	21,859	27,576	29,243	27,391	30,326	28,867	31,026	30,299	36,000	37,705	38,524	37,779	42,250	41,003	41,669	40,659	45,021	42,928	44,479	43,274	46,303	44,504	45,843
Change	-	-9.15%	-13.67%	26.15%	6.05%	-6.33%	10.72%	-4.81%	7.48%	-2.35%	18.82%	4.74%	2.17%	-1.93%	11.83%	-2.95%	1.63%	-2.43%	10.73%	-4.65%	3.61%	-2.71%	7%	-3.89%	3.01%
EBITDA	2,154	1,873	1,629	752.4	2,761	2,742	3,012	-	-	-	-	2,760	-	-	-	5,047	7,154	4,839	5,552	4,776	-	-	-	-	-
Change	-	-13.06%	-13.01%	-53.82%	266.94%	-0.67%	9.83%	-100%	-	-	-	-	-100%	-	-	-	41.74%	-32.36%	14.73%	-13.98%	-100%	-	-	-	-
EBIT ¹	1,164	863.8	590.3	-313.8	1,641	1,657	1,886	1,607	1,530	1,929	2,980	1,552	3,359	3,593	4,238	3,822	3,408	3,557	4,279	3,581	3,742	3,711	4,085	3,668	3,631
Change	-	-25.82%	-31.66%	-	-	0.95%	13.85%	-14.81%	-4.79%	26.1%	54.48%	-47.92%	116.47%	6.95%	17.96%	-9.82%	-10.83%	4.39%	20.29%	-16.31%	4.49%	-0.83%	10.08%	-10.19%	-1.02%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,132	724.3	596.3	-362.3	1,522	2,046	2,502	1,937	1,474	2,279	3,889	2,042	2,739	4,591	4,834	4,667	3,258	4,727	5,566	4,370	4,401	4,561	4,785	4,293	4,053
Change	-	-36.02%	-17.67%	-	-	34.48%	22.27%	-22.58%	-23.89%	54.56%	70.66%	-47.49%	34.11%	67.64%	5.3%	-3.46%	-30.19%	45.09%	17.74%	-21.49%	0.72%	3.64%	4.9%	-10.27%	-5.6%
Net income ¹	804.4	463.3	227.4	-336.1	1,263	1,327	1,762	1,306	546.9	1,585	2,803	1,272	1,704	3,312	3,235	3,190	2,225	3,231	3,970	3,046	3,152	3,334	3,610	3,323	3,308
Change	-	-42.4%	-50.92%	-	-	5.08%	32.75%	-25.86%	-58.13%	189.8%	76.88%	-54.64%	34.03%	94.3%	-2.31%	-1.4%	-30.23%	45.18%	22.87%	-23.29%	3.49%	5.77%	8.29%	-7.94%	-0.45%
Announcement Date	3/4/20	4/23/20	7/23/20	10/26/20	1/26/21	4/22/21	7/22/21	10/26/21	1/25/22	4/25/22	7/21/22	10/24/22	1/26/23	4/25/23	7/26/23	10/26/23	1/25/24	4/25/24	7/25/24	10/24/24	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: Hyundai Motor Company

balance-sheet-analysis-chart HYUNDAI-MOTOR-COMPANY

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	56,716	62,185	74,419	65,747	80,472	102,058	100,438	98,133
Change	-	9.64%	19.67%	-11.65%	22.4%	26.82%	-1.59%	-2.29%
Announcement Date	3/4/20	1/26/21	1/25/22	1/26/23	1/25/24	-	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	3,587	4,688	4,304	4,015	7,071	7,419	6,725	6,788
Change	-	30.7%	-8.18%	-6.72%	76.11%	4.93%	-9.36%	0.94%
Free Cash Flow (FCF) ¹	-3,166,932	-5,097,649	-3,127,918	6,612,342	-9,589,518	10,113,625	11,428,943	11,723,267
Change	-	60.96%	-38.64%	-311.4%	-245.02%	-205.47%	13.01%	2.58%
Announcement Date	3/4/20	1/26/21	1/25/22	1/26/23	1/25/24	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	7.03%	6.98%	9.55%	10.43%	12.34%	11.75%	11.54%	11.33%
EBIT Margin (%)	3.41%	2.67%	5.68%	6.89%	9.3%	8.78%	8.47%	8.3%
EBT Margin (%)	3.94%	2.38%	6.77%	7.68%	10.83%	10.95%	10.4%	10.28%
Net margin (%)	2.82%	1.56%	4.2%	5.17%	7.35%	7.79%	7.38%	7.35%
FCF margin (%)	-2,993.59%	-4,901.7%	-2,659.55%	4,639.34%	-5,895.31%	5,845.28%	6,363.65%	6,256.51%
FCF / Net Income (%)	-106,271.14%	-315,119.03%	-63,287.99%	89,788.36%	-80,168.41%	75,067.07%	86,256.7%	85,168.42%
Profitability
ROA	1.59%	0.77%	2.23%	3.01%	4.45%	4.69%	4.37%	4.33%
ROE	4.32%	2.77%	7.16%	9.36%	13.68%	13.6%	12.15%	11.4%
Financial Health
Leverage (Debt/EBITDA)	7.63x	8.57x	6.62x	4.42x	4.01x	5.02x	4.85x	4.62x
Debt / Free cash flow	-0.02x	-0.01x	-0.02x	0.01x	-0.01x	0.01x	0.01x	0.01x
Capital Intensity
CAPEX / Current Assets (%)	3.39%	4.51%	3.66%	2.82%	4.35%	4.29%	3.74%	3.62%
CAPEX / EBITDA (%)	48.23%	64.58%	38.31%	27.01%	35.22%	36.5%	32.46%	31.96%
CAPEX / FCF (%)	-0.11%	-0.09%	-0.14%	0.06%	-0.07%	0.07%	0.06%	0.06%
Items per share
Cash flow per share ¹	2,071	-2,043	-5,865	53,207	-12,416	69,457	67,561	70,943
Change	-	-198.65%	187.14%	-1,007.18%	-123.34%	-659.4%	-2.73%	5%
Dividend per Share ¹	4,000	3,000	3,050	6,000	11,400	12,705	12,873	13,154
Change	-	-25%	1.67%	96.72%	90%	11.44%	1.33%	2.18%
Book Value Per Share ¹	345,591	346,315	373,849	412,292	455,972	381,410	418,158	456,080
Change	-	0.21%	7.95%	10.28%	10.59%	-16.35%	9.63%	9.07%
EPS ¹	11,310	5,454	18,979	28,521	45,703	53,739	53,609	55,731
Change	-	-51.78%	247.98%	50.28%	60.24%	17.58%	-0.24%	3.96%
Nbr of stocks (in thousands)	225,128	222,747	223,072	222,908	224,802	262,880	262,880	262,880
Announcement Date	3/4/20	1/26/21	1/25/22	1/26/23	1/25/24	-	-	-