Asia300

Kia Motors Corp.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
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Feb 19, 2018
Prev close: 33,100
Feb 19, 2018
Market cap:
Market cap(USD):
13,417.52B
12,568.52M
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 2017

  • Local currency
  • US Dollar
Revenue 53,536B
Gross profit 8,917B
Operating income 662,226M
Income before tax 1,140.05B
Net income 968,018M
EBITDA 2,518B
Diluted EPS --
Dividends per share 800
Total assets 52,294B
Total liabilities 25,433B
Total equity 26,861B
Operating cash flow --

Currency in KRW

Revenue 47,355.60M
Gross profit 7,887.58M
Operating income 585.77M
Income before tax 1,008.44M
Net income 856.26M
EBITDA 2,227.31M
Diluted EPS --
Dividends per share 0.70
Total assets 48,847.78M
Total liabilities 23,756.94M
Total equity 25,090.84M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 14.02
ROA 1.87%
ROE 3.62%
Operating margin 1.23%
Profit margin 1.80%

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(6.9%)
  • First Eagle Investment Management LLC(3.8%)
  • CHUNG EUI-SUN(1.7%)
  • The Vanguard Group, Inc.(1.5%)
  • BlackRock Fund Advisors(1.5%)
  • Dimensional Fund Advisors LP(1.4%)
  • Kia Motors Corp. Employee Stock Ownership Association(1.3%)
  • Schroder Investment Management Ltd.(1.1%)
  • Tweedy, Browne Co. LLC(1.1%)

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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