Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor submitted its audit report for the 2023 fiscal year, receiving an ‘Unqualified’ audit opinion from EY Hanyoung Accounting Corp. for both consolidated and separate financial statements.
📊 [Key Disclosure Content & Financial Highlights]
1. Audit Opinion & Key Matters
- External Auditor: EY Hanyoung Accounting Corp.
- Audit Report Receipt Date: March 6, 2024
- Audit Opinion: Unqualified (‘Pass’) for both consolidated and separate financial statements
- Going Concern Uncertainty: Not Applicable
- Internal Accounting Control System Audit Opinion Issues: Not Applicable
- Embezzlement/Malfeasance Disclosures: No
2. Consolidated Financial Highlights
- Revenue: KRW 162.66T (KRW 162,663,579,000,000) [+14.4% YoY]
- Operating Profit: KRW 15.13T (KRW 15,126,901,000,000) [+54.0% YoY]
- Profit Before Income Taxes: KRW 17.62T (KRW 17,618,662,000,000)
- Net Income: KRW 12.27T (KRW 12,272,301,000,000) [+53.7% YoY]
- Net Profit Attributable to Controlling Interest: KRW 11.96T (KRW 11,961,717,000,000)
- Total Assets: KRW 282.46T / Total Liabilities: KRW 180.65T / Total Equity: KRW 101.81T
- Stated Capital: KRW 1.49T / Total Equity to Capital Ratio (Excluding Non-Controlling Interest): 6,212.1%
- Number of Consolidated Subsidiaries: 148 (Major subsidiaries: 2)
3. Separate Financial Highlights
- Revenue: KRW 78.03T (KRW 78,033,758,000,000) [+19.5% YoY]
- Operating Profit: KRW 6.67T (KRW 6,670,971,000,000) [+135.8% YoY]
- Profit Before Income Taxes: KRW 9.68T (KRW 9,675,202,000,000)
- Net Income: KRW 7.34T (KRW 7,343,003,000,000) [+98.4% YoY]
- Total Assets: KRW 85.06T / Total Liabilities: KRW 24.28T / Total Equity: KRW 60.79T
- Stated Capital: KRW 1.49T / Total Equity to Capital Ratio: 4,082.4%
4. Additional Information
- Prior fiscal year (2022) figures were restated to reflect the sale of the Russian subsidiary (HYUNDAI MOTOR MANUFACTURING RUS LLC).
- The financial statements in the audit report are subject to final approval at the Annual General Meeting of Shareholders and may be revised during the approval process.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Final Approval at the Shareholders’ Meeting
Verifying whether the financial statements in the submitted audit report are approved as proposed without changes at the upcoming Annual General Meeting of Shareholders is important for confirming the final, settled financial numbers. Details regarding final approval can be confirmed in the results of the general meeting of shareholders and future annual reports.
📢 Disclaimer & Source Notice
Source: This content has been newly structured and created based on officially submitted data from the Financial Supervisory Service’s DART system.
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