SNT Motiv Q1 2026: Slight Revenue Decline, Solid Financials and Quarterly Dividend Maintained

Q1 2026 consolidated revenue: KRW 215,596 million (down 4.7% YoY from KRW 226,185 million), operating profit KRW 21,542 million, net profit attributable to parent KRW 24,855 million.
Quarterly dividend declared: KRW 400 per share (record date March 31, 2026; total KRW 9,534 million).
1:1 stock split completed in January 2025 (shares increased from 14,623,136 to 26,540,272).
Credit rating maintained at AA- (Nice Information Service), debt-to-equity ratio improved to 23.75% from 25.50% at year-end 2025.
Cash and cash equivalents plus short-term financial instruments: KRW 402,446 million, indicating strong liquidity.
Subsidiary change: (1)SNT Robotics newly consolidated (100% stake acquired).
Litigation: Defendant in a KRW 46,536 million damage claim by Eosystem; expected to be immaterial.
Automotive parts segment accounts for 85.3% of revenue, exports 82.1%.
R&D expenses: KRW 5,793 million (2.7% of revenue), 88 patents held.
Bank facility agreements: foreign currency guarantees USD 54,097 thousand, performance guarantees KRW 229,683 million. Collateral provided (land, buildings, etc. carrying value KRW 306,146 million).