SNT Motiv (064960) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of 2026 was KRW 473.6 billion, with operating income of KRW 47.4 billion and net income attributable to shareholders of KRW 48.7 billion, reflecting stable profitability despite a slight year-over-year sales decline.

• The company maintains a strong financial position with total assets of KRW 1.32 trillion and an equity ratio of 78.8%.

• The business is diversified across automotive components (83% of sales) and defense/other sectors (17%), with a global customer base including Hyundai, GM, and Stellantis.

Financial highlights

• Revenue for H1 2026: KRW 473.6 billion (down 2.1% YoY).

• Operating income: KRW 47.4 billion (down 9.6% YoY).

• Net income attributable to shareholders: KRW 48.7 billion (down 30.1% YoY).

• Gross margin: 17.2% (down from 17.8% YoY).

• EPS: KRW 2,043 (down from KRW 2,921 YoY).

• Cash and cash equivalents at period end: KRW 165.6 billion.

Outlook and guidance

• The company expects continued growth in eco-friendly automotive components, driven by global electrification trends.

• Defense and semiconductor equipment segments are projected to benefit from increased export contracts and industry investment.

• Management plans to maintain stable dividends and invest in R&D and capacity expansion.