Hyundai Motor Company · KRX:005380
Hyundai Motor — Q3 2023 Earnings Presentation
17 slides from Hyundai Motor's earnings presentation, Oct 26, 2023
Slide 1: Hyundai Motor Company Q3 2023 Business Results
Hyundai Motor Company Q3 2023 Business Results Oct 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 Q3 2022 Wholesale Q3 2023 Wholesale Q3 2022 Retail Sales Q3 2023 Retail Sales (Thousand units) Global Demand1 (Thousand units) Q3 2022 Q3 2023 YoY +7.9% +4.4% △33.8% △33.2% Korea 417 401 △3.8% +2.8% +2.8% +12.8% +11.6% 142 153 145 151 US 3,423 3,980 +16.3% 84 56 78 52
Slide 6: Sales Analysis
Sales Analysis Sales by Segment Sales of Eco-Friendly Vehicles (Thousand units) (Thousand units) 1,046 1,025 169 4.7% 5.5% 0.1% 8.3% 7.9% 1.1% 15.0% A 127 18.6% 5.9% B 0.3% 5.1% 1.2% 5.8% C 4.9% 8.6% D FCEV Genesis PHEV 5.7% SUV HEV 50.6% 54.7% Others EV 34.6% 40.1% 34.6% 40.1% 6.3% 5.1% 6.2% 6.7% 6
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) Q3 2022 Q2 2023 Q3 2023 YoY QoQ Revenue 37,705 42,250 41,003 8.7% △3.0% Automotive 29,554 33,766 32,312 9.3% △4.3% Finance 5,851 5,748 5,902 0.9% 2.7% Others 2,300 2,736 2,789 21.3% 1.9% SG&A 5,805 4,655 4,639 △20.1% △0.3% Operating Income 1,552 4,238 3,822 146.3% △9.
Slide 9: Revenue & Operating Income Analysis
Revenue & Operating Income Analysis (Billion KRW) Revenue Product Mix Others Volume +1,142 +828 41,003 37,705 F/X +1,587 △259 +3,298 (+8.7%) Q3 2022 Q3 2023 Operating Income Finance Others 3,822 +5 +1,184 +501 OPM Product Mix (9.3%) +682 Volume +461 F/X +314 1,552 +306 OPM +2,270 (4.1%) (+146.3%) Q3
Slide 10: Status of Income
Status of Income COGS Ratio Non-operating Income +356 846 (+72.7%) Others Q3 2022 80.5% 33 97 Finance 490 Equity 187 Income Q3 2023 79.4% 716 27 276 Q3 2022 Q3 2023 SG&A Net Income △1,166 5,805 (△20.1%) 3,304 843 Salary +1,892 114 4,639 (+134%) Marketing 1,096 962 Warranties 1,134 Research 1,412 Non
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 225 167 207 153 162 514 501 22.6% 142 37.1% 33.5% 35.6% 37.4% 37.5% 45.2% 41.8% 37.1% 41.5% 66.5% 77.4% 61.3% 62.3% 51.3% 55.2% 25.5% 21.4% 1.2% 2.1% 3.5% 3.0% Q3 2022 Q3 2023 Q3 2022 Q3 2023 Q3 2022 Q3 2023 Q3 2022 Q3 2
Slide 13: Statement of Income
Statement of Income (Billion KRW) Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 YoY QoQ Revenue 37,705 38,524 37,779 42,250 41,003 +8.7% △3.0% Cost of Good Sold 30,348 30,737 30,057 33,357 32,542 +7.2% △2.4% Gross Profit 7,357 7,787 7,722 8,893 8,461 +15.0% △4.9% Margin (%) 19.5 20.2 20.4 21.0 20.6 SG&A 5
Slide 14: Statement of Financial Position
Statement of Financial Position (Billion KRW) Q4 2022 Q3 2023 Diff. % change Asset 255,743 279,414 +23,671 +9.3% Current Asset(a) 96,389 101,137 +4,748 +4.9% Liabilities(b) 164,846 178,099 +13,253 +8.0% Current Liability(c) 74,237 73,413 △824 △1.1% Debt(d) 112,186 121,800 +9,614 +8.6% Provision(g) 1
Slide 15: Statement of Cash Flows
Statement of Cash Flows (Billion KRW) Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Beginning 16,129 19,585 20,865 22,369 20,778 Net Income 1,412 1,710 3,419 3,347 3,304 Depreciation 755 870 803 823 817 Amortization 443 540 448 416 409 Acquisition of Tangible △766 △1,405 △1,478 △1,497 △1,452 Acquisition o
Slide 16: Thank you
Thank you € HYUNDAI
Slide 17: Q&A
Q&A € HYUNDAI