External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives.

External broker reports(aggregated public sources)

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives

Equity Bottom-Up

<ul><li>Hyundai Motor (HMC) is scheduled to release its 2Q26 results on Jul. 23 at 2:00 p.m.</li><li>We estimate revenue at W48.3tr (+5.2% YoY; 1% below the consensus of W48.7tr) and operating profit at W2.86tr (-20.6% YoY; 5% below the consensus of W3.02tr).</li><li>While weak wholesale volume has already signaled a soft quarter, we still expect the results to prove better than recent market fears would imply. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Hyundai Motor (HMC) is scheduled to release its 2Q26 results on Jul. 23 at 2:00 p.m.We estimate revenue at W48.3tr (+5.2% YoY; 1% below the consensus of W48.7tr) and operating profit at W2.86tr (-20.6% YoY; 5% below the consensus of W3.02tr).While weak wholesale volume has already signaled a soft quarter, we still expect the results to prove better than recent market fears would imply. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hyundai Motor (005380 KS)2Q26 Preview: Look Beyond Near-Term Concerns to Robotics Momentum