SNT Motiv (064960) Q3 2025 earnings summary

Executive summary

• The company operates primarily in automotive components and defense, with a strong focus on eco-friendly vehicle parts and global expansion, especially in electric and hybrid vehicle motors and drive units.

• Major customers include Hyundai/Kia (via Hyundai Mobis) and GM, with increasing diversification to other global OEMs.

• The company maintains a robust R&D program, with significant investment in new technologies for both automotive and defense sectors.

Financial highlights

• Consolidated revenue for the first nine months of 2025 was KRW 714.8 billion, down from KRW 968.9 billion in 2024.

• Operating income for the same period was KRW 71.7 billion, compared to KRW 98.1 billion in 2024.

• Net income attributable to shareholders was KRW 56.7 billion, down from KRW 104.3 billion in 2024.

• Basic EPS for the period was KRW 2,380, compared to KRW 4,299 in 2024.

• Cash and cash equivalents at period end were KRW 234.8 billion.

Outlook and guidance

• The company expects continued growth in eco-friendly vehicle components, leveraging its position as a key supplier to major global automakers.

• Defense exports are expected to benefit from increased global military spending and new product launches.

• The semiconductor equipment parts business is projected to maintain growth due to ongoing investments by global semiconductor manufacturers.