Hyundai Motor Securities Co.,Ltd. (KRX:001500)

Hyundai Motor Securities Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	374,830	417,819	502,406	273,772	192,024	209,770
Total Interest Expense	235,703	278,071	344,720	160,433	68,610	70,905
Net Interest Income	139,127	139,748	157,686	113,339	123,414	138,865
Brokerage Commission	88,426	91,503	92,798	90,112	130,291	115,560
Underwriting & Investment Banking Fee	17,071	13,909	11,133	9,822	14,447	15,457
Gain on Sale of Investments (Rev)	304,212	303,811	393,650	352,965	166,764	161,842
Other Revenue	946,680	943,831	550,535	430,851	324,054	307,832
Revenue Before Loan Losses	1,495,516	1,492,802	1,205,802	997,089	758,970	739,556
Provision for Loan Losses	44,211	29,524	47,828	33,332	1,769	23,378
Revenue	1,451,305	1,463,278	1,157,974	963,757	757,201	716,178
Revenue Growth (YoY)	26.01%	26.36%	20.15%	27.28%	5.73%	18.78%
Salaries & Employee Benefits	132,021	138,414	121,664	153,998	122,872	118,386
Cost of Services Provided	66,945	65,392	57,669	49,976	46,442	37,389
Other Operating Expenses	832,622	844,945	471,161	377,701	249,438	223,760
Total Operating Expenses	1,052,766	1,068,542	666,985	595,040	428,026	388,472
Operating Income	398,539	394,736	490,989	368,717	329,175	327,706
Currency Exchange Gains	5,016	9,857	907	7,361	800	-306
Other Non-Operating Income (Expenses)	-1,618	3	165	-22	-20	-34
EBT Excluding Unusual Items	397,814	401,323	490,211	375,869	329,791	326,716
Asset Writedown	-35	-35	-	491	-	-31
Gain (Loss) on Sale of Investments	-330,781	-346,629	-424,876	-261,317	-173,239	-209,335
Pretax Income	62,827	50,508	65,353	115,347	156,700	117,344
Income Tax Expense	17,577	14,358	11,842	28,245	38,950	33,045
Net Income	45,250	36,150	53,511	87,102	117,750	84,299
Preferred Dividends & Other Adjustments	2,944	2,944	2,944	2,944	2,944	3,937
Net Income to Common	42,306	33,206	50,567	84,158	114,806	80,362
Net Income Growth	1.67%	-32.44%	-38.56%	-26.03%	39.68%	17.34%
Shares Outstanding (Basic)	34	32	32	32	31	29
Shares Outstanding (Diluted)	41	39	39	39	39	39
Shares Change (YoY)	4.75%	-	-	-	-	32.10%
EPS (Basic)	1260.87	1047.10	1594.55	2653.78	3701.99	2739.27
EPS (Diluted)	1114.59	932.77	1380.75	2247.47	3038.27	2175.16
EPS Growth	-2.95%	-32.44%	-38.56%	-26.03%	39.68%	-6.03%
Free Cash Flow	-953,720	76,899	-1,627,867	245,782	449,755	-1,541,809
Free Cash Flow Per Share	-23492.96	1984.22	-42003.74	6341.90	11605.00	-39783.19
Dividend Per Share	180.000	180.000	400.000	550.000	800.000	675.000
Dividend Growth	-55.00%	-55.00%	-27.27%	-31.25%	18.52%	-
Operating Margin	27.46%	26.98%	42.40%	38.26%	43.47%	45.76%
Profit Margin	2.92%	2.27%	4.37%	8.73%	15.16%	11.22%
Free Cash Flow Margin	-65.72%	5.25%	-140.58%	25.50%	59.40%	-215.28%
Effective Tax Rate	27.98%	28.43%	18.12%	24.49%	24.86%	28.16%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.