Hyundai Autoever ( A307950) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 was ₩1,450.6 billion, up 11% year-over-year from ₩1,307.1 billion in the first half of 2024.

• Net income for the first half of 2025 was ₩75.3 billion, a 5% increase year-over-year from ₩71.7 billion.

• Operating income for the first half of 2025 reached ₩95.3 billion, up 14% year-over-year.

• The company remains highly dependent on group affiliates, with 94% of sales in the first half of 2025 from related parties.

Financial highlights

• Gross profit for the first half of 2025 was ₩156.6 billion, up from ₩142.6 billion year-over-year.

• Operating margin for the first half of 2025 was 6.6%, compared to 6.4% in the prior year.

• Basic EPS for the first half of 2025 was ₩2,748, up from ₩2,613 year-over-year.

• Cash and cash equivalents at June 30, 2025, were ₩161.2 billion, down from ₩280.9 billion at year-end 2024.

• Total assets at June 30, 2025, were ₩2,757.7 billion, down from ₩2,979.2 billion at year-end 2024.

Outlook and guidance

• The company expects continued revenue growth driven by IT outsourcing, system integration, and automotive software segments.

• Ongoing reliance on group affiliates is expected to persist.