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HIGEN Motor (160190) investor relations material
HIGEN Motor Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operates in industrial motors, servo & robot, and mobility (EV motor/inverter) segments, with a strong R&D focus and a leading position in Korea's industrial motor market.
Listed on KOSDAQ in June 2024; recognized as a small-to-medium enterprise with a BBB credit rating.
Major shareholders include Dano Corp, Ilsin Textile, and Dano International, with no changes in major shareholders during the period.
Financial highlights
2026 H1 consolidated revenue: KRW 39.43 billion, down from KRW 73.54 billion in FY2025.
Operating loss for 2026 H1: KRW -4.86 billion; net loss: KRW -4.10 billion.
Gross margin for H1 2026: 4.2% (KRW 1.67 billion gross profit on KRW 39.43 billion revenue).
Cash and cash equivalents at June 2026: KRW 16.99 billion.
R&D expense for H1 2026: KRW 1.61 billion (4.09% of sales).
Outlook and guidance
Focus on expanding premium/high-efficiency motor offerings and mobility/robotics solutions.
Anticipates growth in EV, robotics, and industrial automation markets, with ongoing investment in R&D and new product development.
- H1 2024 revenue reached ₩37.5B, net income ₩488M, with strong R&D and IPO-driven growth.160190
Q2 2024 - 2024 Q3 saw lower profits and sales, but IPO proceeds and R&D investments support future growth.160190
Q3 2024 - FY2024 saw a return to net loss amid flat sales, but strong financials and growth plans in robotics and EV mobility.160190
Q4 2024 - Q1 2025 revenue fell 6% with a net loss, but R&D and market expansion efforts continue.160190
Q1 2025 - H1 2025 saw a sharp revenue drop and net loss, but new capital was raised via KOSDAQ listing.160190
Q2 2025 - Revenue fell and losses widened, but IPO proceeds support R&D and future growth initiatives.160190
Q3 2025 - FY2025 saw a widened net loss on lower sales, but financial stability and future growth prospects remain solid.160190
Q4 2025 - Q1 2026 revenue stable but margins negative; R&D and automation drive future growth.160190
Q1 2026
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