Hyundai overtook Honda?
01-04-2009 | 05:37 AM
#31
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Originally Posted by Kremlin' date='Jan 3 2009, 10:07 PM
If you look at the entire Hyundai family and the entire Honda family, I'd be surprised if Honda was actually as large as Hyundai. In terms of net income, I'd bet Hyundai's ship building company is bigger than all of Honda, let alone the Hyundai motor company, computer memory company, department stores, civil engineering, etc. etc.
01-04-2009 | 04:00 PM
#33
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Originally Posted by Chris S' date='Jan 3 2009, 11:10 PM
You didn't look very hard, it took me about 2 minutes.
Hyundai Heavy Industries (does NOT include Hyundai Motor)
FY07 (USD millions)
sales: 16,556.2
net income: 1,850.4
Honda Motor Corp.
FY08 (3/31 FYE) (USD millions)
sales: FY07 (USD millions)
sales: 1119,801
net income: 5,989
Hyundai Heavy Industries (does NOT include Hyundai Motor)
FY07 (USD millions)
sales: 16,556.2
net income: 1,850.4
Honda Motor Corp.
FY08 (3/31 FYE) (USD millions)
sales: FY07 (USD millions)
sales: 1119,801
net income: 5,989
Now, if one were to add Hyundai Motor Company's net income to that, and maybe it will equal Honda's. I don't know how many subsidiaries Hyundai Group has, but if one were to add all of their net incomes together, then it will exceed Honda's, but I doubt by very much, and I doubt it'll come close to Toyota's.
01-04-2009 | 06:51 PM
#35
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Posts: 11,613
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From: North Richland Hills, TX
Originally Posted by Yellow_S' date='Jan 4 2009, 07:00 PM
Yeah, I didn't look hard enough. Now, if one were to add Hyundai Motor Company's net income to that, and maybe it will equal Honda's. I don't know how many subsidiaries Hyundai Group has, but if one were to add all of their net incomes together, then it will exceed Honda's, but I doubt by very much, and I doubt it'll come close to Toyota's.
Now, if one were to add Hyundai Motor Company's net income to that, and maybe it will equal Honda's. I don't know how many subsidiaries Hyundai Group has, but if one were to add all of their net incomes together, then it will exceed Honda's, but I doubt by very much, and I doubt it'll come close to Toyota's.
01-04-2009 | 07:30 PM
#37
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Posts: 11,613
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From: North Richland Hills, TX
Originally Posted by Kremlin' date='Jan 4 2009, 10:04 PM
I saw some older data a long time ago when apparently Hyundai's ship industry was much more profitable. IIRC net income in the range of $9B.
I guess you didn't read my post of 1:10am this morning? Hyundai Heavy Industries (does NOT include Hyundai Motor)
FY07 (USD millions)
sales: 16,556.2
net income: 1,850.4
Your recollection is about 5x reality.
01-04-2009 | 07:34 PM
#38
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I said "older data a long time ago when apparently Hyundai's ship industry was much more profitable." Here, I looked it up for you, from 2003:
Hyundai Heavy Industries Co., Ltd.
Type Public (traded on the Korea Stock Exchange
Founded 1973
Headquarters Ulsan, South Korea
Area served Worldwide
Key people Chung Mong-joon
Choi, Kil-Sun
Industry Shipbuilding
Net income ▲ $8.9 billion ([2003])
Hyundai Heavy Industries Co., Ltd.
Type Public (traded on the Korea Stock Exchange
Founded 1973
Headquarters Ulsan, South Korea
Area served Worldwide
Key people Chung Mong-joon
Choi, Kil-Sun
Industry Shipbuilding
Net income ▲ $8.9 billion ([2003])
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