HD Hyundai Construction Equipment FY 2025 Annual Report
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Filed: March 18, 2026· period ending December 31, 2025DART

HD Hyundai Construction Equipment 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).

HD Hyundai Construction Equipment FY 2025 Annual Report Analysis

Business Overview

  • HD Hyundai Construction Equipment FY2025 revenue KRW 3.78T; construction machinery accounts for 79.2% with 91.4% export ratio
  • HD Hyundai Infrastructure Co. FY2025 sales KRW 4.55T, up 10.5% YoY; construction machinery 74.4%, engines 25.6%

Management Discussion & Analysis

  • HD Construction Machinery consolidated revenue KRW 3.78T (+9.84% YoY), operating profit KRW 171B (-10.26%), net income KRW 87B (+1.24%)
  • Sales growth driven by new model launches and strengthened competitiveness in India, Africa, and emerging markets

Risk Factors

  • FX exposure hedged via KRW 194,000K USD forwards and KRW 43,500K EUR forwards, average maturity Apr-May 2026
  • Derivative liability from cash flow hedges KRW 9.94B at FY2025, down from KRW 40.36B at FY2024 year-end

HD Hyundai Construction Equipment FY 2025 Key Financial Metrics
DART

Total Assets

KRW 3.60T

+8.4% YoY

Operating Cash Flow

KRW 166.0B

-36.3% YoY

CapEx

KRW 144.4B

-16.7% YoY

Source: KIFRS consolidated financial data from HD Hyundai Construction Equipment 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