Hyundai Motor Company · KRX:005380
Hyundai Motor — Q2 2023 Earnings Presentation
17 slides from Hyundai Motor's earnings presentation, Jul 26, 2023
Slide 1: Hyundai Motor Company Q2 2023 Business Results
Hyundai Motor Company Q2 2023 Business Results July 26, 2023
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements In the presentation that follows and in related comments by Hyundai Motor’s management, our use of the words “expect,” “anticipate,” “project,” “estimate,” “forecast,” “objective,” “plan,” “goal,” “outlook,” “target,” “pursue” and simil
Slide 3: Table of Contents
Table of Contents Sales Summary P. 3 ~ 5 Financial Summary P. 6 ~ 9 Appendix P. 10 ~ 14
Slide 4: Sales Summary
Sales Summary Global Wholesale / Retail Sales P. 4 Sales Analysis P. 5
Slide 5: Global Wholesale / Retail Sales
Global Wholesale / Retail Sales Q2 2022 Wholesale Q2 2023 Wholesale Q2 2022 Retail Sales Q2 2023 Retail Sales (Thousand units) Global Demand1 (Thousand units) Q2 2022 Q2 2023 YoY +9.5% +4.5% +61.8% +45.5% Korea 437 465 +6.6% +12.7% +12.7% +11.7% +11.3% 151 166 157 164 60 64 US 3,527 4,120 +16.8% 37
Slide 6: Sales Analysis
Sales Analysis Sales by Segment Sales of Eco-Friendly Vehicles (Thousand units) (Thousand units) 192 1,060 0.1% 4.0% 1.5% 976 7.3% 6.5% 7.5% 16.3% A 129 15.9% 6.9% B 0.4% 9.1% 5.9% 1.2% 5.4% C 5.4% D FCEV Genesis PHEV 6.1% SUV HEV 52.8% Others EV 52.4% 34.6% 34.6% 40.1% 40.1% 7.4% 5.5% 6.2% 6.0% 6.8
Slide 7: Financial Summary
Financial Summary Financial Summary P. 7 Revenue & Operating Income Analysis P. 8 Status of Income P. 9
Slide 8: Financial Summary
Financial Summary (Billion KRW) Q2 2022 Q1 2023 Q2 2023 YoY QoQ Revenue 36,000 37,779 42,250 17.4% 11.8% Automotive 28,504 30,646 33,766 18.5% 10.2% Finance 5,448 5,089 5,748 5.5% 12.9% Others 2,048 2,044 2,736 33.6% 33.9% SG&A 4,420 4,129 4,655 5.3% 12.7% Operating Income 2,980 3,593 4,238 42.2% 18
Slide 9: Revenue & Operating Income Analysis
Revenue & Operating Income Analysis (Billion KRW) Revenue 42,250 Product Mix Others Volume +1,853 +987 36,000 F/X +2,341 +1,069 +6,250 (+17.4%) Q2 2022 Q2 2023 Operating Income Others Product Mix +201 +58 Finance 4,238 Volume F/X +501 △184 OPM 2,980 +682 (10.0%) OPM (8.3%) +1,258 (+42.2%) Q2 2022 Q2
Slide 10: Status of Income
Status of Income COGS Ratio Non-operating Income △313 (△34.4%) 596 909 136 Others 67 Q2 2022 79.4% 136 Finance 1,020 706 Equity Income Q2 2023 79.0% △560 Q2 2022 Q2 2023 SG&A Net Income +235 +262 (+5.3%) (+8.5%) 4,655 3,347 4,420 Salary 3,085 112 948 848 281 Marketing 1,034 1,227 Warranties Research
Slide 11: Appendix
Appendix Sales by Region P. 11 Statement of Income P. 12 Statement of Financial Position P. 13 Statement of Cash Flows P. 14
Slide 12: Sales by Region
Sales by Region Korea US Europe Others (Thousand units) Sales by type PV SUV CV 225 206 166 198 463 182 151 445 28.8% 24.4% 34.4% 34.4% 39.6% 37.6% 38.9% 38.2% 45.4% 41.5% 39.6% 75.6% 71.2% 63.9% 41.1% 60.1% 54.8% 61.1% 65.6% 50.7% 21.3% 20.8% 1.7% 1.7% 3.9% 3.7% Q2 2022 Q2 2023 Q2 2022 Q2 2023 Q2 2
Slide 13: Statement of Income
Statement of Income (Billion KRW) Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 YoY QoQ Revenue 36,000 37,705 38,524 37,779 42,250 +17.4% +11.8% Cost of Good Sold 28,600 30,348 30,737 30,057 33,357 +16.6% +11.0% Gross Profit 7,400 7,357 7,787 7,722 8,893 +20.2% +15.2% Margin (%) 20.6 19.5 20.2 20.4 21.0 S
Slide 14: Statement of Financial Position
Statement of Financial Position (Billion KRW) Q4 2022 Q2 2023 Diff. % change Asset 255,743 271,325 +15,582 +6.1% Current Asset(a) 96,389 101,258 +4,869 +5.1% Liabilities(b) 164,846 173,894 +9,048 +5.5% Current Liability(c) 74,237 75,685 +1,448 +2.0% Debt(d) 112,186 119,744 +7,558 +6.7% Provision(g)
Slide 15: Statement of Cash Flows
Statement of Cash Flows (Billion KRW) Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Beginning 14,151 16,129 19,585 20,865 22,369 Net Income 3,085 1,412 1,710 3,419 3,347 Depreciation 792 755 870 803 823 Amortization 451 443 540 448 416 Acquisition of Tangible △669 △766 △1,405 △1,478 △1,497 Acquisition of
Slide 16: Thank you
Thank you €® HYUNDAI
Slide 17: Q&A
Q&A €® HYUNDAI