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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	568,850	502,406	273,772	192,024	209,770	181,158
Total Interest Expense	427,555	344,720	160,433	68,610	70,905	90,344
Net Interest Income	141,295	157,686	113,339	123,414	138,865	90,814
Brokerage Commission	90,337	92,798	90,112	130,291	115,560	102,429
Underwriting & Investment Banking Fee	11,903	11,133	9,822	14,447	15,457	10,100
Gain on Sale of Investments (Rev)	358,176	393,650	352,965	166,764	161,842	173,194
Other Revenue	553,998	550,535	430,851	324,054	307,832	227,103
Revenue Before Loan Losses	1,155,709	1,205,802	997,089	758,970	739,556	603,640
Provision for Loan Losses	37,377	47,828	33,332	1,769	23,378	699
Revenue	1,118,332	1,157,974	963,757	757,201	716,178	602,941
Revenue Growth (YoY)	22.34%	20.15%	27.28%	5.73%	18.78%	15.40%
Salaries & Employee Benefits	126,311	121,664	153,998	122,872	118,386	111,742
Cost of Services Provided	61,677	57,669	49,976	46,442	37,389	42,871
Other Operating Expenses	493,289	471,161	377,701	249,438	223,760	125,784
Total Operating Expenses	699,887	666,985	595,040	428,026	388,472	289,275
Operating Income	418,445	490,989	368,717	329,175	327,706	313,666
Currency Exchange Gains	-1,502	907	7,361	800	-306	-1,573
Other Non-Operating Income (Expenses)	-16	165	-22	-20	-34	-328
EBT Excluding Unusual Items	413,722	490,211	375,869	329,791	326,716	311,387
Asset Writedown	-35	-	491	-	-31	-1
Gain (Loss) on Sale of Investments	-366,357	-424,876	-261,317	-173,239	-209,335	-213,275
Pretax Income	47,283	65,353	115,347	156,700	117,344	98,414
Income Tax Expense	11,019	11,842	28,245	38,950	33,045	26,570
Net Income	36,264	53,511	87,102	117,750	84,299	71,844
Preferred Dividends & Other Adjustments	2,944	2,944	2,944	2,944	3,937	3,937
Net Income to Common	33,320	50,567	84,158	114,806	80,362	67,907
Net Income Growth	-33.37%	-38.56%	-26.03%	39.68%	17.34%	42.06%
Shares Outstanding (Basic)	32	32	32	31	29	29
Shares Outstanding (Diluted)	39	39	39	39	39	29
Shares Change (YoY)	-	-	-	-	32.10%	-
EPS (Basic)	1050.69	1594.55	2653.78	3701.99	2739.27	2314.72
EPS (Diluted)	935.82	1380.75	2247.47	3038.27	2175.16	2314.72
EPS Growth	-33.36%	-38.56%	-26.03%	39.68%	-6.03%	34.28%
Free Cash Flow	-156,721	-1,627,867	245,782	449,755	-1,541,809	-57,857
Free Cash Flow Per Share	-4043.86	-42003.74	6341.90	11605.00	-39783.19	-1972.14
Dividend Per Share	400.000	400.000	550.000	800.000	675.000	-
Dividend Growth	-27.27%	-27.27%	-31.25%	18.52%	-	-
Operating Margin	37.42%	42.40%	38.26%	43.47%	45.76%	52.02%
Profit Margin	2.98%	4.37%	8.73%	15.16%	11.22%	11.26%
Free Cash Flow Margin	-14.01%	-140.58%	25.50%	59.40%	-215.28%	-9.60%
Effective Tax Rate	23.30%	18.12%	24.49%	24.86%	28.16%	27.00%

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