Hyundai Motor Co., Ltd.
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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
Financial Highlights
| Dec 2019 | KRW | USD |
| Revenue | 105,746.42B | 90,677.28M |
| Gross Profit | 17,854.32B | 15,310.03M |
| Operating income | 3,616.22B | 3,100.90M |
| Income before tax | 3,593.03B | 3,081.01M |
| Net income | 2,980.04B | 2,555.38M |
| EBITDA | 7,617.03B | 6,531.58M |
| Diluted EPS | 11,327.55 | 9.71 |
| Dividends Per Share | 4,000 | 3.42 |
| Total Assets | 194,512.22B | 168,197.69M |
| Total liabilities | 118,146.46B | 102,163.05M |
| Total equity | 70,065.80B | 60,586.97M |
| Operating cash flow | 419,784M | 359.96M |
| Currency in KRW | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 91,958.73B | 93,649.02B | 96,376.07B | 96,812.60B | 105,746.42B |
| Gross Profit | 18,402.39B | 17,797.60B | 17,718.56B | 15,283.85B | 17,854.32B |
| Operating income | 6,357.90B | 5,193.50B | 4,585.48B | 2,432.95B | 3,616.22B |
| Income before tax | 6,572.03B | 5,578.64B | 4,438.55B | 2,529.58B | 3,593.03B |
| Net income | 6,417.30B | 5,406.43B | 4,032.82B | 1,508.08B | 2,980.04B |
| EBITDA | 9,138.67B | 8,540.86B | 8,104.06B | 6,183.63B | 7,617.03B |
| Diluted EPS | 23,878.72 | 20,133.11 | 15,011.26 | 5,650.42 | 11,327.55 |
| Dividends Per Share | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 |
| Total Assets | 165,367.94B | 178,835.92B | 178,199.45B | 180,655.75B | 194,512.22B |
| Total liabilities | 98,486.54B | 106,491.35B | 103,442.10B | 106,759.74B | 118,146.46B |
| Total equity | 62,023.95B | 67,189.65B | 69,103.48B | 67,973.96B | 70,065.80B |
| Operating cash flow | 1,248.41B | 996,964M | 3,922.42B | 3,764.26B | 419,784M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 81,249.73M | 80,718.71M | 85,250.07M | 87,970.03M | 90,677.28M |
| Gross Profit | 16,259.35M | 15,340.25M | 15,673.07M | 13,887.87M | 15,310.03M |
| Operating income | 5,617.49M | 4,476.42M | 4,056.11M | 2,210.73M | 3,100.90M |
| Income before tax | 5,806.68M | 4,808.39M | 3,926.14M | 2,298.53M | 3,081.01M |
| Net income | 5,669.97M | 4,659.95M | 3,567.25M | 1,370.34M | 2,555.38M |
| EBITDA | 8,074.43M | 7,361.60M | 7,168.49M | 5,618.83M | 6,531.58M |
| Diluted EPS | 21.09 | 17.35 | 13.27 | 5.13 | 9.71 |
| Dividends Per Share | 3.53 | 3.44 | 3.53 | 3.63 | 3.42 |
| Total Assets | 141,032.73M | 148,067.49M | 166,455.97M | 161,906.92M | 168,197.69M |
| Total liabilities | 83,993.46M | 88,169.68M | 96,625.18M | 95,679.99M | 102,163.05M |
| Total equity | 52,896.64M | 55,629.78M | 64,549.51M | 60,919.49M | 60,586.97M |
| Operating cash flow | 1,103.03M | 859.31M | 3,469.60M | 3,420.44M | 359.96M |
Valuation Measures
| Dec 2019 | |
| PER | 10.63 |
| ROA | 1.58% |
| ROE | 4.31% |
| Operating margin | 3.41% |
| Profit margin | 2.81% |
Key executives
- Co-Chief Executive Officer & Honorary Chairman: Mong-Koo Chung
- Co-President, Co-CEO & Director: Won-Hui Lee
- Global Chief Operating Officer: José Munoz
- Chief Financial Officer: Byeong-Cheol Choi
- Director & Head-Research: Albert Biermann
Shareholders
- Hyundai Mobis Co., Ltd. (21.4%)
- National Pension Service of Korea (10.8%)
- Hyundai Motor Co., Ltd. (6.1%)
- CHUNG MONG KOO (5.3%)
- CHUNG EUI-SUN (2.6%)
- The Vanguard Group, Inc. (1.9%)
- BlackRock Fund Advisors (1.5%)
- Norges Bank Investment Management (1.2%)
- Capital Research & Management Co. (World Investors) (0.8%)
- Eastspring Investments (Singapore) Ltd. (0.7%)
Contact Details
- Website:http://www.hyundai.com/kr
- Address: 12 Heolleung-ro, Seocho-gu, Seoul, 06797, South Korea
- Phone: +82.2.3464.1114
Related Companies
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- Hyundai Motor Group (China) Ltd.
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- Hyundai Rotem Brasil Industria e Comercio de Trens Ltda.
- Hyundai Motors de Mexico SRL
- Hyundai Capital India Pvt Ltd.
- HYUNDAI ENGINEERING DEUTSCHLAND GmbH
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- 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.
- Hyundai Motor Manufacturing Rus LLC
- Hyundai Special Steel Co.
Competitors
- Fiat Chrysler Automobiles N.V.
- 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.
- 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.
Copyright © 2020 FactSet Research Systems Inc. All rights reserved.
Last Updated on 1 Dec, 2020
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