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Consumer Durables

Hyundai Motor Co., Ltd.

Company Background

South Korea's Hyundai Motor is the world's fifth-largest automaker in terms of sales. Hyundai Motor was established in 1967 by the late Chung Ju-yung, the founder of former Hyundai conglomerate. Before his death in 2001, Chung picked his fifth son Chung Mong-hun as his successor. However, his second son Chung Mong-koo opposed the decision and bolted from the group, taking automobile operations with him.

 

Currently, Hyundai Motor group is comprised of steelmaker Hyundai Steel, logistics business Hyundai Glovis, autoparts maker Hyundai Mobis and other companies.

 

In 1998, Hyundai Motor acquired fellow South Korean automaker Kia Motors, which went bankrupt during the 1997 Asian currency crisis. The deal helped Hyundai Motor secure No. 1 position in South Korea and boost its presence in the global market.

 

Although at one time Japan's Mitsubishi Motors provided capital and technical assistance to Hyundai Motor, the two automakers have dissolved their alliance. Hyundai has rapidly improved quality and adopted innovative car body designs by hiring former workers from German automaker Audi since the 2000s. It has seen sales rise fast both at home and abroad.

 

Hyundai Motor has taken market share from Japanese rivals in the North American market. It saw sales rise there fast after the won weakened during the global financial crisis.

Business Summary

Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following business areas: Vehicle, Financial and Others. The Vehicle division offers motor vehicles. The Financial division provides financing, leasing and credit cards. The Other division includes manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

Financial Highlights

Dec 2020 KRWUSD
Revenue103,997.60B88,141.93M
Gross Profit18,481.60B15,663.86M
Operating income2,781.60B2,357.51M
Income before tax2,621.89B2,222.15M
Net income2,117.80B1,794.92M
EBITDA----
Diluted EPS----
Dividends Per Share3,0002.54
Total Assets208,849.00B192,257.19M
Total liabilities159,860.00B147,160.07M
Total equity76,534.00B70,453.82M
Operating cash flow----
Currency in KRWCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 93,649.02B 96,376.07B 96,812.60B 105,746.42B 103,997.60B
Gross Profit 17,797.60B 17,718.56B 15,283.85B 17,854.32B 18,481.60B
Operating income 5,193.50B 4,585.48B 2,432.95B 3,616.22B 2,781.60B
Income before tax 5,578.64B 3,910.96B 1,930.06B 3,593.03B 2,621.89B
Net income 5,406.43B 4,032.82B 1,508.08B 2,980.04B 2,117.80B
EBITDA 8,540.86B 8,104.06B 6,183.63B 7,617.03B --
Diluted EPS 20,133.11 15,011.26 5,650.42 11,327.55 --
Dividends Per Share 4,000 4,000 4,000 4,000 3,000
Total Assets 178,835.92B 178,199.45B 180,655.75B 194,512.22B 208,849.00B
Total liabilities 106,491.35B 103,442.10B 106,759.74B 118,146.46B 159,860.00B
Total equity 67,189.65B 69,103.48B 67,973.96B 70,065.80B 76,534.00B
Operating cash flow 996,964M 3,922.42B 3,764.26B 419,784M --
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 80,718.71M 85,250.07M 87,970.03M 90,677.28M 88,141.93M
Gross Profit 15,340.25M 15,673.07M 13,887.87M 15,310.03M 15,663.86M
Operating income 4,476.42M 4,056.11M 2,210.73M 3,100.90M 2,357.51M
Income before tax 4,808.39M 3,459.46M 1,753.77M 3,081.01M 2,222.15M
Net income 4,659.95M 3,567.25M 1,370.34M 2,555.38M 1,794.92M
EBITDA 7,361.60M 7,168.49M 5,618.83M 6,531.58M --
Diluted EPS 17.35 13.27 5.13 9.71 --
Dividends Per Share 3.44 3.53 3.63 3.42 2.54
Total Assets 148,067.49M 166,455.97M 161,906.92M 168,197.69M 192,257.19M
Total liabilities 88,169.68M 96,625.18M 95,679.99M 102,163.05M 147,160.07M
Total equity 55,629.78M 64,549.51M 60,919.49M 60,586.97M 70,453.82M
Operating cash flow 859.31M 3,469.60M 3,420.44M 359.96M --

Valuation Measures

Dec 2020
PER32.86
ROA1.05%
ROE2.88%
Operating margin2.67%
Profit margin2.03%

Key executives

  • Vice Chairman & Co-Chief Executive Officer: Eui-Sun Chung
  • Co-President & Director: Albert Biermann
  • Co-President & Director: Eon-Tae Ha
  • Vice Chairman-Executive Board, Head-R&D: Moon-Sik Kwon
  • Executive Vice President: Yong-Woo Lee

Shareholders

  • Hyundai Mobis Co., Ltd. (21.4%)
  • National Pension Service of Korea (9.2%)
  • Hyundai Motor Co., Ltd. (6.1%)
  • CHUNG MONG KOO (5.3%)
  • CHUNG EUI-SUN (2.6%)
  • The Vanguard Group, Inc. (1.7%)
  • BlackRock Fund Advisors (1.6%)
  • Norges Bank Investment Management (1.2%)
  • Fidelity Management & Research Co. LLC (0.7%)
  • Samsung Asset Management Co., Ltd. (0.7%)

Contact Details

Related Companies

  • Hyundai Motor Co., Ltd. ESOA
  • General Motors Co. /Saint Petersburg Factory/
  • Hyundai Motor Tooling (Shandong) Co., Ltd.
  • Genesis Motor Sales (Shanghai) Co., Ltd.
  • Hyundai Motor Group (China) Ltd.
  • PT Hyundai Motor Manufacturing Indonesia
  • Hyundai Merchant Marine India Pvt Ltd.
  • Hyundai Rotem Brasil Industria e Comercio de Trens Ltda.
  • Hyundai Motors de Mexico SRL
  • Hyundai Capital India Pvt Ltd.
  • HYUNDAI ENGINEERING DEUTSCHLAND GmbH
  • Hyundai Motors Nigeria Ltd.
  • Hyundai Motor De Mexico S de RL de CV
  • Hyundai CRADLE
  • Hyundai Hong Kong Co. Ltd.
  • Hyundai Capital Germany GmbH
  • Sichuan Hyundai Motor Co., Ltd.
  • Hyundai AutoEver America LLC
  • Mobis Parts CIS LLC
  • Plastic Omnium Auto Inergy SAS
  • Hyundai AutoEver Europe GmbH
  • Hyundai Capital Services Deutschland GmbH
  • Hyundai R&D Center (China) Co. Ltd.
  • Hyundai Capital Canada, Inc.
  • HMC Chungchung Service Co., Ltd.
  • Hyundai KEFICO Corp.
  • Hyundai-WIA Machine America Corp.
  • Hyundai Motor Netherlands BV
  • Hyundai CAOA do Brasil Ltda.
  • Hyundai Motor Brasil Montadora de Automoveis Ltda.

Competitors

  • Ford Motor Company
  • General Motors Company
  • Toyota Motor Corp.
  • Great Wall Motor Co., Ltd. Class H
  • Daimler AG
  • KIA Motors Corporation
  • Renault SA
  • Tofas Turk Otomobil Fabrikasi A.S.
  • Ford Otomotiv Sanayi A.S.
  • KAMAZ PTC
  • PT Selamat Sempurna Tbk
  • Hyundai Wia Corporation
  • SsangYong Motor Co., Ltd.
  • DAE-IL Corp.
  • Stellantis N.V.
  • LVMC Holdings Co. Ltd.
  • SeAH Holdings Corporation
  • Alticast Corp.
  • Ballard Power Systems Inc.
  • Carasso Motors Ltd
  • Dayou Automotive Seat Technology Co., Ltd
  • Dogus Otomotiv Servis ve Ticaret Anonim Sirketi
  • Everlight Electronics Co., Ltd.
  • FuelCell Energy, Inc.
  • Hotai Motor Co., Ltd.
  • Korea Electric Terminal Co., Ltd.
  • Nippon Yusen Kabushiki Kaisha
  • Pyeong Hwa Automotive Co., Ltd.
  • Redcap Tour Co., Ltd.
  • Sambo Motors Co., Ltd.
Last Updated on 25 Feb, 2021

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