Hyundai Motor Company · KRX:005380
Hyundai Motor — Q2 2024 Earnings Presentation
17 slides from Hyundai Motor's earnings presentation, Jul 25, 2024
Slide 1: Hyundai Motor Company Q2 2024 Business Results
Hyundai Motor Company Q2 2024 Business Results Jul 25, 2024
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 2023 Wholesale Q2 2024 Wholesale Q2 2023 Retail Sales Q2 2024 Retail Sales (Thousand units) Global Demand1 (Thousand units) Q2 2023 Q2 2024 YoY Korea 466 422 △9% △5.1% △0.9% +15.2% +5.2% △41.4% △32.0% △9.6% △9.6% US 4,123 4,129 +0% 60 35 64 43 166 157 164 163 4,186
Slide 6: Sales Analysis
Sales Analysis Sales by Segment Sales of Eco-Friendly Vehicles (Thousand units) (Thousand units) 192 192 1,060 0.1% (1) 0.1% (1) 1,057 0.9% 5.8% 6.4% 1.5% (10) (16) 10.2% 9.6% 11.8% 10.6% A 7.0% 7.4% B 9.1% 5.9% (97) 11.6% 5.7% C (122) D FCEV Genesis PHEV SUV HEV 53.4% 50.6% 54.8% 54.7% Others EV 34
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 2023 Q1 2024 Q2 2024 YoY QoQ Revenue 42,233 40,659 45,021 6.6% 10.7% Automotive 33,750 31,718 35,238 4.4% 11.1% Finance 5,748 6,656 7,105 23.6% 6.8% Others 2,735 2,285 2,678 △2.1% 17.2% SG&A 4,650 4,871 5,458 17.4% 12.1% Operating Income 4,248 3,557 4,279 0.7% 20.3
Slide 9: Revenue & Operating Income Analysis
Revenue & Operating Income Analysis (Billion KRW) Revenue Others Volume Mix※ FX +1,300 45,021 +713 +203 42,233 +572 +2,788 (+6.6%) 2Q 2023 2Q 2024 Operating Income FX Volume Mix※ Finance +95 +136 Others +400 +153 4,248 4,279 △753 OPM (9.5%) OPM (10.1%) +31 (+0.7%) 2Q 2023 2Q 2024 ※ Mix and incentive
Slide 10: Status of Income
Status of Income COGS Ratio Non-operating Income (Billion KRW) +531 1,287 756 (+70.2%) 102 179 62 2Q 2023 78.9% Others 1,020 1,123 Finance 2Q 2024 78.4% Equity Income △443 2Q 2023 2Q 2024 SG&A Net Income +808 (+17.4%) 5,458 4,174 +827 4,650 1,045 (+24.7%) 204 Salary 3,347 947 Marketing 112 1,262 1,2
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 254 225 166 206 26.8% 157 186 28.8% 463 460 34.4% 38.3% 39.6% 36.9% 41.5% 39.8% 71.2% 73.2% 39.6% 42.6% 63.9% 59.9% 54.8% 56.2% 20.8% 20.5% 4.0% 1.7% 1.9% 3.7% 2Q 2023 2Q 2024 2Q 2023 2Q 2024 2Q 2023 2Q 2024 2Q 2023 2Q 2
Slide 13: Statement of Income
Statement of Income (Billion KRW) Q2 2023 Q1 2024 Q2 2024 YoY QoQ Revenue 42,233 40,659 45,021 6.6% 10.7% Cost of Good Sold 33,335 32,231 35,284 5.8% 9.5% Gross Profit 8,898 8,428 9,737 9.4% 15.5% Margin (%) 21.1% 20.7% 21.6% SG&A 4,650 4,871 5,458 17.4% 12.1% Portion (%) 11.0% 12.0% 12.1% Operating
Slide 14: Statement of Financial Position
Statement of Financial Position (Billion KRW) 4Q 2023 Q2 2024 Diff. % change Asset 282,463 306,928 24,465 8.7% Current Asset(a) 101,725 106,327 4,602 4.5% Liabilities(b) 180,654 197,119 16,465 9.1% Current Liability(c) 73,362 73,061 △301 △0.4% Debt(d) 124,748 137,697 12,949 10.4% Provision(g) 11,651
Slide 15: Statement of Cash Flows
Statement of Cash Flows (Billion KRW) Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Beginning 22,369 20,778 20,313 19,167 19,669 Net Income 3,347 3,304 2,203 3,376 4,174 Depreciation 823 817 841 819 838 Amortization 416 409 390 384 357 Acquisition of Tangible △1,497 △1,452 △2,644 △1,857 △1,965 Acquisition
Slide 16: Thank you
Thank you €® HYUNDAI
Slide 17: Q&A
Q&A €® HYUNDAI