Hyundai Motor Q1 2026: Stable Earnings, Enhanced Shareholder Returns

Consolidated sales 45.9 trillion won, operating profit 2.5 trillion won, net profit 2.6 trillion won (parent 2.3 trillion won)
Automotive segment sales 34.5 trillion won, operating profit 1.8 trillion won (OPM 5.2%)
Finance segment sales 9.0 trillion won, operating profit 57.9 billion won
Quarterly dividend of 2,500 won per common share, total 654.6 billion won
Plan to buy back 4 trillion won worth of treasury shares over 3 years (TSR target of at least 35%)
Consolidated debt-to-equity ratio 190.3% (debt 251.6 trillion, equity 132.2 trillion)
R&D expenses 1.09 trillion won (2.4% of sales)
Key risks: Hyundai Rotem bid-rigging lawsuits totaling 138 billion won, ongoing Theta II engine recall investigation