HL Mando FY 2025 Annual ReportBeta
HL Mando annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).
HL Mando FY 2025 Annual Report Analysis
Business Overview
- • Automotive parts revenue KRW 945.5B in FY2025, 100% from chassis components including brakes, steering, and suspension
- • HL Klemove ADAS & autonomous driving solutions revenue KRW 1.825T in FY2025, 25.6% CAGR over 5 years, focusing on L2+ to L3+ systems
Management Discussion & Analysis
- • Sales KRW 9.45T (+6.9% YoY), operating profit KRW 357.1B (-0.46%), net income KRW 122.8B (-28.9%) in FY2025
- • Biggest segment driver: Korea sales up KRW 302B but operating loss shifted to -KRW 31.4B due to domestic cost rise from exchange rate; US sales +KRW 124B with OP +KRW 0.7B aided by improved vehicle market
Risk Factors
- • USD 10% rate change → ±KRW 31.75B pre-tax impact on income, down from ±KRW 41.03B in prior year
- • Short-term financial liabilities (≤1 year) KRW 2.84T, slightly down from KRW 2.68T prior year (accounts payable + debt)
HL Mando FY 2025 Key Financial MetricsDART
Total Assets
KRW 7.14T
▲ +1.2% YoY
Operating Cash Flow
KRW 720.9B
▲ +65.9% YoY
CapEx
KRW 343.8B
▲ +11.1% YoY
Source: KIFRS consolidated financial data from HL Mando annual report on DART. All figures in KRW.
Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding