Asia300

Kia Motors Corp.

South Korea

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Apr 21, 2017
Prev close: 34,850
Apr 21, 2017
Market cap:
Market cap(USD):
14,126.9B
12,453.8M
Shares: 405.36M

Currency in KRW

Company profile

Market(Ticker): KRX(000270)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: --

Business summary

Kia Motors Corp. engages in the manufacturing and sales of motor vehicles. It operates through the following segment: Passenger Cars, Recreational Vehicles and Commercial Vehicles. It is also involved in leasing vehicles, providing vehicle maintenance services and automobile Parts. The company was founded on December 10, 1944 and is headquartered in Seoul, South Korea.

Company background

Kia Motors is a South Korean automaker that began as an autoparts manufacturer in 1944.The company once had a capital tie-up with Japanese automaker Mazda Motor for the production of Mazda vehicles. However, that alliance was dissolved. Kia filed for bankruptcy during the 1997 Asian financial crisis and became a subsidiary of fellow South Korean automaker Hyundai Motor in 1998.

Kia has close production ties with its parent, Hyundai Motor; they share chassis, and Kia produces Hyundai cars at its plants. However, Kia maintains independence in product development. Its models include the Optima midsize sedan and the Soul compact.

Although Vice Chairman Lee Hyoung-keun and other executives have representation rights at Kia, Hyundai Chairman Chung Mong-koo maintains control over Kia's management.

Hyundai Vice Chairman Chung Eui-sun, the first son of Chung Mong-koo, was a top executive at Kia in the mid-2000s. During that time, Kia hired a former chief designer of German automaker Audi, and adopted innovative vehicle body designs. Hyundai also adopted the same designs, gaining popularity both at home and abroad.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 52,712.90B
Gross profit 10,422.76B
Operating income 2,463.60B
Income before tax 2,282.13B
Net income 2,754.64B
EBITDA 4,149.02B
Diluted EPS 6,873
Dividends per share 1,100
Total assets 50,889.26B
Total liabilities 24,309.83B
Total equity 26,579.42B
Operating cash flow 3,275.88B

Currency in KRW

Revenue 45,434.73M
Gross profit 8,983.67M
Operating income 2,123.45M
Income before tax 1,967.03M
Net income 2,374.30M
EBITDA 3,576.16M
Diluted EPS 5.92
Dividends per share 0.94
Total assets 42,133.84M
Total liabilities 20,127.36M
Total equity 22,006.47M
Operating cash flow 2,823.57M

Currency in USD

Valuation measures

Dec 2016

PER 5.71
ROA 5.68%
ROE 10.84%
Operating margin 4.67%
Profit margin 5.22%

Key executive

  • Vice Chairman & Co-Chief Executive Officer: Hyoung-Keun Lee
  • President, Co-Chief Executive Officer & Director: Han-Woo Park
  • Chief Financial Officer, Director & Executive VP: Chun-Soo Han
  • Executive Board Member & Head-Research: Ki-Tak Sung
  • Vice President & Head-Domestic Sales: Chang-Shik Kim

Share holders

  • Hyundai Motor Co., Ltd.(33.8%)
  • National Pension Service of Korea(7.0%)
  • First Eagle Investment Management LLC(3.0%)
  • CHUNG EUI-SUN(1.7%)
  • The Vanguard Group, Inc.(1.3%)
  • Kia Motors Corp. Employee Stock Ownership Association(1.3%)
  • BlackRock Fund Advisors(1.2%)
  • Dimensional Fund Advisors LP(1.1%)
  • Artisan Partners LP(1.0%)
  • Kia Motors Corp.(1.0%)

Address

  • Website: http://www.kia.co.kr
  • Address: 12 Heolleung-ro, Seocho-gu, Seoul, 06797, South Korea
  • Phone: +82.2.3464.1114

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