Integrated Freight & Logistics / Transport and Logistics
Strategic Profile
The company operates through logistics, shipping and Complete Knock Down (CKD), used car, and new growth business areas. In 2024, revenue reached 28.41 trillion KRW, a 10.61% increase from 25.68 trillion KRW in 2023, demonstrating strong growth momentum in the competitive logistics sector. Strategic positioning emphasizes automotive-focused logistics and diversified freight services across multiple industries.
Cyborg Score Rationale
Hyundai Glovis demonstrates solid fundamentals with double-digit revenue growth, diversified service offerings spanning logistics, automotive distribution, and specialty cargo. The company benefits from strong Hyundai-Kia ecosystem ties while maintaining independent growth through market diversification. Recent revenue acceleration and profitable operations support confidence.
Top Insights
Double-digit revenue growth (10.61% YoY in 2024) indicates strong market demand and operational execution
Diversified revenue streams across logistics, vehicle distribution, CKD, and used car business reduce cyclical risk
Strategic positioning in automotive supply chain benefits from Hyundai-Kia ecosystem while serving broader industrial clients
Dividend yield of 2.71% provides shareholder returns while reinvesting in growth
Named Competitors
CJ Logistics — Integrated logistics and supply chain management
Lotte Logistics — Comprehensive logistics and distribution services
Hyundai Logistics — Transportation and logistics subsidiary
Recent Developments
(2024) Revenue reached 28.41 trillion KRW with 10.61% YoY growth
(2024) Net income increased 3.08% to 1.09 trillion KRW
(2011) Rebranded from Glovis Co., Ltd. to Hyundai Glovis Co., Ltd.
Open the full interactive Hyundai Glovis Co., Ltd. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.