SNT Motiv (064960) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was KRW 707,970 million, down from KRW 714,810 million YoY; operating income was KRW 68,668 million and net income KRW 51,796 million.

• Q3 revenue rose to KRW 234,349 million from KRW 231,085 million YoY, while Q3 operating income was KRW 21,284 million versus KRW 22,002 million.

• Automotive-components sales held nearly flat; other-segment sales declined. Cash and short-term deposits remained substantial at KRW 398,504 million at quarter-end.

Financial highlights

• 9M revenue KRW 707,970 million versus KRW 714,810 million YoY; gross profit KRW 116,347 million versus KRW 126,816 million.

• 9M operating income KRW 68,668 million versus KRW 71,665 million; profit before tax KRW 68,611 million and net income KRW 51,796 million.

• 9M attributable net income was KRW 51,829 million and EPS KRW 2,175, versus KRW 56,733 million and KRW 2,380 YoY.

• Operating cash flow was KRW 109,206 million versus KRW 45,238 million YoY; cash and cash equivalents ended at KRW 238,264 million.

Outlook and guidance

• 2026 global auto demand was forecast at 96.13 million units, near the prior year; growth was expected in Latin America, the Middle East and Africa, with slower growth in the US, Europe and China.

• Growth plans emphasize HEV/EV motors, drive units, electric oil pumps, new customer programs and overseas market expansion; Hyundai Transys hairpin drive-module supply was planned.

• K17 initial deliveries began in July 2026, with follow-on deliveries planned through 2027; expansion efforts also target police equipment, ammunition and exports.

• Future investment plans are to reflect clean-vehicle order intake and global economic conditions.