Hyundai Motor Securities (001500) Q1 2025 earnings summary

Executive summary

• Achieved consolidated pre-tax profit of KRW 25.4 billion and net profit of KRW 19.3 billion for Q1 2025, up 94% and 89% year-over-year, respectively.

• Total operating revenue reached KRW 425.4 billion, with significant contributions from derivatives and asset management.

• Completed a paid-in capital increase, raising capital to KRW 344.4 billion and strengthening financial stability.

Financial highlights

• Q1 2025 consolidated revenue: KRW 425.4 billion; net profit: KRW 19.3 billion; basic EPS: KRW 475.

• Asset management segment contributed KRW 3,197 billion in revenue and KRW 334 billion in pre-tax profit.

• Fee and commission income: KRW 38.9 billion; interest income: KRW 87.8 billion; gain from derivatives: KRW 168.9 billion.

• Total assets: KRW 13.6 trillion; total equity: KRW 1.47 trillion as of March 31, 2025.

Outlook and guidance

• Management targets ROE improvement to 8% by 2027 and 10%+ post-2028, with a dividend payout ratio of 30–35% through 2027 and 40%+ thereafter.

• Continued focus on digital transformation, risk management, and capital adequacy.