Hyundai Mobis (A012330) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue rose 7.5% YoY to KRW 45,720,207 million, driven by increased customer volume, electronics expansion, and new U.S. business sites.

• Operating profit showed mixed results: one report notes a 14.1% YoY decline to KRW 780 bn due to tariff effects, while another cites a 16.3% increase to KRW 2,426,982 million.

• The business is split between auto modules/parts manufacturing (78.2% of sales) and after-sales (A/S) parts (21.8%).

• Overseas sales and production grew significantly, offsetting domestic softness from EV demand.

• Shareholder value initiatives included maintaining dividends, a treasury share buyback worth KRW 414.5 bn, and a share cancellation of 1,062,511 shares (KRW 269,848 million) in November 2025.

Financial highlights

• Q3 2025 consolidated net income was KRW 2,896,656 million; basic EPS: KRW 32,279.

• Gross profit for Q3 2025 was KRW 6,389,632 million (gross margin 14.0%).

• Cash and equivalents at period end: KRW 11,701 bn (one report) and KRW 5,441,729 million (another report).

• Electrification sales dropped 17.0% YoY to KRW 1,310 bn, reflecting the exclusion of battery cell revenue.

• Dividend payout for Q3: KRW 1,500 per share.

Outlook and guidance

• 2025 non-captive order target raised by 189.9% YoY to USD 7.4 bn, with 31% achieved by Q3.

• The company expects continued growth in overseas markets, especially North America and Europe, despite global EV demand headwinds.

• Ongoing efforts to meet annual order targets amid EV demand slowdown, tariffs, and geopolitical risks.

• Focus remains on expanding global production, R&D in electrification, autonomous driving, and sustainability initiatives.

• Final dividend for 2025 to be confirmed in early 2026; additional share buyback under review.