{"slug":"hyundai-wia","name":"현대위아","name_en":"Hyundai Wia","ticker":"011210.KS","updated_at":"2026-10-10T17:25:31.393+00:00","canonical":"https://valuechain.wiki/hyundai-wia","citable":"밸류체인 그래프 기준 현대위아의 직접 연결 기업은 4곳(관계 기준 공급 0·매출 4·투자 1)이고, 사슬을 2차까지 넓히면 12곳에 닿는다. 링크의 근거 출처는 6건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-10-10 기준).","citable_en":"Per the valuechain.wiki graph, Hyundai Wia is directly linked to 4 companies (0 supply, 4 revenue, 1 investment relationships) and reaches 12 companies within two hops; the links are backed by 6 dated sources, 2 of them primary filings (as of 2026-10-10).","kicker":"차량부품 92% · K2·K9 화포 · 열관리","kicker_en":"92% vehicle parts · K2/K9 artillery · thermal management","lead":"현대차·기아의 엔진·모듈·구동 부품을 공급하면서 K2 전차와 K9 자주포용 대구경 화포를 만드는 현대차그룹 부품사다. 2026년 상반기 매출은 4조5,331억원이고 방산 호조로 기타사업 매출이 8.3% 늘었다.","lead_en":"A Hyundai Motor Group supplier of engines, modules and driveline parts to Hyundai Motor and Kia, and a maker of large-caliber artillery for the K2 tank and K9 howitzer. 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Inc.","tier":3,"returns_yearly":{"2021":-7.9,"2022":-33.5,"2023":30.3,"2024":21.4,"2025":0.1,"2026":-26.4}},{"slug":"albemarle","name":"Albemarle","name_en":"Albemarle","tier":3,"returns_yearly":{"2021":59.8,"2022":-6.6,"2023":-32.8,"2024":-39.5,"2025":67.7,"2026":-27.8}},{"slug":"skc","name":"SKC","name_en":"SKC","tier":3,"returns_yearly":{"2021":18.1,"2022":-31.9,"2023":-19.7,"2024":104.3,"2025":-25.4,"2026":-28}},{"slug":"skiet","name":"SK아이이테크놀로지(SKIET)","name_en":"SK IE Technology","tier":3,"returns_yearly":{"2022":-41.9,"2023":11.1,"2024":-69,"2025":18.9,"2026":-32}},{"slug":"chunbo","name":"천보","name_en":"Chunbo","tier":3,"returns_yearly":{"2021":40.4,"2022":-7.3,"2023":-65,"2024":-55.6,"2025":59.1,"2026":-32.5}},{"slug":"ganfeng","name":"Ganfeng Lithium","name_en":"Ganfeng Lithium","tier":3,"returns_yearly":{"2021":12,"2022":-17.4,"2023":-56.1,"2024":0.1,"2025":108.3,"2026":-33.5}},{"slug":"pnt","name":"피엔티","name_en":"PNT (People & Technology)","tier":3,"returns_yearly":{"2021":62.2,"2022":11.6,"2023":-17.8,"2024":12.2,"2025":31.1,"2026":-44.3}},{"slug":"ecopro-bm","name":"에코프로비엠","name_en":"EcoPro BM","tier":3,"returns_yearly":{"2021":79.2,"2022":23.9,"2023":113.5,"2024":-38.6,"2025":77.1,"2026":-54.3}},{"slug":"enchem","name":"엔켐","name_en":"Enchem","tier":3,"returns_yearly":{"2022":-37.4,"2023":173.9,"2024":-20.5,"2025":-26.1,"2026":-79}},{"slug":"btr-new-material","name":"BTR New Material","name_en":"BTR New Material Group Co., Ltd","tier":3,"returns_yearly":null},{"slug":"siemens-eda","name":"Siemens EDA","name_en":"Siemens EDA","tier":3,"returns_yearly":null},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null}],"analysis":"현대위아의 주가는 2021년 -25.5%, 2022년 -19.2%, 2024년 -32.2%로 완성차 부품의 낮은 성장 기대를 반영하다가 2025년 +125.1%로 급반전했다. 같은 해 K2 체계업체 현대로템은 +290.1%, K9 체계업체 한화에어로스페이스는 +227.6%였으므로 수요와 체계업체가 먼저 오르고 화포 공급사 현대위아가 뒤따른 흐름이다. 2026년 10월 8일 기준 현대위아는 -39.8%, 현대로템은 -54.2%, 한화에어로스페이스는 -18.8%로 모두 되돌림 구간에 들어섰다. 방산 수출이 기타사업 매출을 끌어올렸지만 차량부품 비중이 92.1%라 완성차 생산과 낮은 수익성이 주가를 함께 제한한다. 후행 구간은 K2·K9 수출 물량이 실제 화포 매출과 이익률로 전환되는 속도다. 이 가설은 완성차 물량 둔화나 방산사업 이관으로 현대위아에 남는 이익이 줄면 깨진다.","analysis_en":"Hyundai Wia fell 25.5% in 2021, 19.2% in 2022 and 32.2% in 2024 as the market assigned little growth to auto parts, then reversed by 125.1% in 2025. In that same year, K2 prime Hyundai Rotem gained 290.1% and K9 prime Hanwha Aerospace gained 227.6%, consistent with demand and system integrators moving before the artillery supplier. By October 8, 2026, Hyundai Wia was down 39.8%, Hyundai Rotem 54.2% and Hanwha Aerospace 18.8%, putting all three into a give-back phase. Defense exports lifted the other-business segment, but vehicle parts still account for 92.1% of sales, so automaker output and thin margins remain constraints. The lagging test is how quickly K2 and K9 export volumes convert into artillery revenue and margin. The thesis fails if automaker volumes weaken or a defense-business transfer leaves less profit at Hyundai Wia.","analysis_asof":"2026-10-08"},"edges":[{"direction":"revenue","counterparty":"기아","counterparty_slug":"kia","confidence":"high","metric":{"type":"amount","unit":"KRW million","as_of":"2026-06-30","basis":"기아 대상 연결 특수관계자 매출","value":2147986,"period":"H1 2026","basis_en":"Consolidated related-party sales to Kia","qualifier":"reported"},"note":"기아 국내외 공장에 엔진·모듈·구동·등속조인트를 공급한다. 2026년 상반기 연결 특수관계자 매출은 2조1,480억원이다.","note_en":"Supplies engines, modules, driveline systems and CV joints to Kia plants. H1 2026 consolidated related-party sales were KRW 2.148 trillion.","sources":[{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."}]},{"direction":"cost","counterparty":"현대트랜시스","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"KRW million","as_of":"2026-06-30","basis":"현대트랜시스 대상 연결 특수관계자 매입","value":367650,"period":"H1 2026","basis_en":"Consolidated related-party purchases from Hyundai Transys","qualifier":"reported"},"note":"차량부품용 원재료·부품을 조달한다. 2026년 상반기 연결 특수관계자 매입은 3,677억원이다.","note_en":"Procures vehicle-part inputs and components. H1 2026 consolidated related-party purchases were KRW 367.7 billion.","sources":[{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."}]},{"direction":"revenue","counterparty":"현대차","counterparty_slug":"hyundai-motor-company","confidence":"high","metric":{"type":"amount","unit":"KRW million","as_of":"2026-06-30","basis":"현대차 대상 연결 특수관계자 매출","value":353902,"period":"H1 2026","basis_en":"Consolidated related-party sales to Hyundai Motor","qualifier":"reported"},"note":"현대차에 엔진·구동·등속조인트 등 차량부품을 공급한다. 2026년 상반기 연결 특수관계자 매출은 3,539억원이다.","note_en":"Supplies engines, driveline systems and CV joints to Hyundai Motor. H1 2026 consolidated related-party sales were KRW 353.9 billion.","sources":[{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."}]},{"direction":"cost","counterparty":"위아마그나파워트레인","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"KRW million","as_of":"2026-06-30","basis":"위아마그나파워트레인 대상 연결 특수관계자 매입","value":105156,"period":"H1 2026","basis_en":"Consolidated related-party purchases from Wia Magna Powertrain","qualifier":"reported"},"note":"공동기업 위아마그나파워트레인에서 구동계 부품을 조달한다. 2026년 상반기 연결 특수관계자 매입은 1,052억원이다.","note_en":"Procures driveline components from joint venture Wia Magna Powertrain. H1 2026 consolidated related-party purchases were KRW 105.2 billion.","sources":[{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."}]},{"direction":"revenue","counterparty":"한화에어로스페이스","counterparty_slug":"hanwha-aerospace","confidence":"high","metric":{"type":"component","unit":"mm","as_of":"2026-03-06","basis":"K9 자주포 포신 구경","value":155,"period":"K9 production","basis_en":"K9 howitzer gun-barrel caliber","qualifier":"sole_source"},"note":"한화에어로스페이스 K9 자주포용 155mm 포신을 단독 공급한다. K9 수출 확대가 포신 물량 증가로 연결된다.","note_en":"Sole-supplies 155 mm gun barrels for Hanwha Aerospace's K9 howitzer, linking K9 export growth to barrel volumes.","sources":[{"stance":"mentions","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."},{"stance":"confirms","publisher":"삼성증권","publisher_en":"Samsung Securities","kind":"research","lang":"ko","published_at":"2026-03-06","url":"https://www.samsungpop.com/common.do?cmd=down&contentType=application%2Fpdf&fileName=2010%2F2026030615573952K_02_05.pdf&inlineYn=Y&saveKey=research.pdf","title":"현대위아: 방산 사업 가치 재평가","title_en":"Hyundai Wia: Revaluing the Defense Business","excerpt":"K2 전차, K9 자주포향 포신 단독 공급 업체로 주요 고객사의 수출 확대에 비례해 물량이 증가한다.","excerpt_en":"Hyundai Wia is the sole gun-barrel supplier for K2 tanks and K9 howitzers, with volume rising alongside customer exports."},{"stance":"confirms","publisher":"아시아경제","publisher_en":"The Asia Business Daily","kind":"news","lang":"en","published_at":"2025-08-13","url":"https://www.asiae.co.kr/en/article/2025081310245914855","title":"현대위아, 수출 겨냥 방산 연구조직 대폭 확대","title_en":"Hyundai Wia Significantly Expands Research Organizations to Target Exports","excerpt":"As exports of K2 tanks and K9 howitzers to Poland increased, demand rose for gun barrels and weapon assemblies supplied by Hyundai Wia.","excerpt_en":"As exports of K2 tanks and K9 howitzers to Poland increased, demand rose for gun barrels and weapon assemblies supplied by Hyundai Wia."},{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"ir","lang":"ko","published_at":"2025-06-30","url":"https://www.hyundai-wia.com/upload/download/2025_Sustainability_Ko.pdf","title":"현대위아 지속가능성보고서 2025","title_en":"Hyundai Wia Sustainability Report 2025","excerpt":"K2 전차 및 K9 자주포의 주포를 포함한 다양한 육상 무기체계를 생산한다.","excerpt_en":"Hyundai Wia manufactures land weapon systems including the main armaments for the K2 tank and K9 howitzer."},{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"ir","lang":"en","published_at":"2025-06-30","url":"https://en.hyundai-wia.com/upload/download/2025_Sustainability_En_3.0.pdf","title":"현대위아 지속가능성보고서 2025 (영문)","title_en":"Hyundai Wia Sustainability Report 2025","excerpt":"HYUNDAI WIA manufactures a wide range of land-based weapon systems, including the main armaments for the K2 main battle tank and K9 self-propelled howitzer.","excerpt_en":"HYUNDAI WIA manufactures a wide range of land-based weapon systems, including the main armaments for the K2 main battle tank and K9 self-propelled howitzer."}]},{"direction":"revenue","counterparty":"현대로템","counterparty_slug":"hyundai-rotem-company","confidence":"high","metric":{"type":"component","unit":"mm","as_of":"2026-06-30","basis":"K2 전차 주포 구경","value":120,"period":"K2 production","basis_en":"K2 tank main-gun caliber","qualifier":"sole_specialized_large_caliber_artillery_maker"},"note":"현대로템 K2 전차에 120mm 55구경장 활강포와 무장조립체를 공급한다. K2 수출 물량이 현대위아 화포 수요로 이어진다.","note_en":"Supplies the 120 mm 55-caliber smoothbore gun and weapon assemblies for Hyundai Rotem's K2 tank, linking K2 exports to Hyundai Wia artillery demand.","sources":[{"stance":"mentions","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."},{"stance":"confirms","publisher":"삼성증권","publisher_en":"Samsung Securities","kind":"research","lang":"ko","published_at":"2026-03-06","url":"https://www.samsungpop.com/common.do?cmd=down&contentType=application%2Fpdf&fileName=2010%2F2026030615573952K_02_05.pdf&inlineYn=Y&saveKey=research.pdf","title":"현대위아: 방산 사업 가치 재평가","title_en":"Hyundai Wia: Revaluing the Defense Business","excerpt":"K2 전차, K9 자주포향 포신 단독 공급 업체로 주요 고객사의 수출 확대에 비례해 물량이 증가한다.","excerpt_en":"Hyundai Wia is the sole gun-barrel supplier for K2 tanks and K9 howitzers, with volume rising alongside customer exports."},{"stance":"confirms","publisher":"아시아경제","publisher_en":"The Asia Business Daily","kind":"news","lang":"en","published_at":"2025-08-13","url":"https://www.asiae.co.kr/en/article/2025081310245914855","title":"현대위아, 수출 겨냥 방산 연구조직 대폭 확대","title_en":"Hyundai Wia Significantly Expands Research Organizations to Target Exports","excerpt":"As exports of K2 tanks and K9 howitzers to Poland increased, demand rose for gun barrels and weapon assemblies supplied by Hyundai Wia.","excerpt_en":"As exports of K2 tanks and K9 howitzers to Poland increased, demand rose for gun barrels and weapon assemblies supplied by Hyundai Wia."},{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"ir","lang":"ko","published_at":"2025-06-30","url":"https://www.hyundai-wia.com/upload/download/2025_Sustainability_Ko.pdf","title":"현대위아 지속가능성보고서 2025","title_en":"Hyundai Wia Sustainability Report 2025","excerpt":"K2 전차 및 K9 자주포의 주포를 포함한 다양한 육상 무기체계를 생산한다.","excerpt_en":"Hyundai Wia manufactures land weapon systems including the main armaments for the K2 tank and K9 howitzer."},{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"ir","lang":"en","published_at":"2025-06-30","url":"https://en.hyundai-wia.com/upload/download/2025_Sustainability_En_3.0.pdf","title":"현대위아 지속가능성보고서 2025 (영문)","title_en":"Hyundai Wia Sustainability Report 2025","excerpt":"HYUNDAI WIA manufactures a wide range of land-based weapon systems, including the main armaments for the K2 main battle tank and K9 self-propelled howitzer.","excerpt_en":"HYUNDAI WIA manufactures a wide range of land-based weapon systems, including the main armaments for the K2 main battle tank and K9 self-propelled howitzer."}]},{"direction":"investor","counterparty":"현대차","counterparty_slug":"hyundai-motor-company","confidence":"high","metric":{"type":"share","unit":"%","as_of":"2026-06-30","basis":"현대위아 보통주 지분율","value":25.35,"period":"2026-06-30","basis_en":"Stake in Hyundai Wia common shares","qualifier":"largest_shareholder"},"note":"현대차가 보통주 689만3,596주, 25.35%를 보유한 최대주주다.","note_en":"Hyundai Motor is the largest shareholder with 6,893,596 common shares, or 25.35%.","sources":[{"stance":"confirms","publisher":"현대위아","publisher_en":"Hyundai Wia","kind":"filing","lang":"ko","published_at":"2026-08-14","url":"https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS","title":"현대위아 제51기 반기보고서 (2026년 상반기)","title_en":"Hyundai Wia H1 2026 Business Report","excerpt":"2026년 상반기 매출액은 4조 5,331억원이다. 차량부품 주요 고객은 현대자동차·기아이며, 주요 매입처는 현대트랜시스 등이다.","excerpt_en":"H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."},{"stance":"confirms","publisher":"현대자동차","publisher_en":"Hyundai Motor Company","kind":"filing","lang":"en","published_at":"2026-03-18","url":"https://www.hyundai.com/content/dam/hyundai/ww/en/images/company/investor-relations/financial-Information/report-en/2025/2025-q4-consolidated-audit-report-en.pdf","title":"현대자동차 2025 연결감사보고서 (영문)","title_en":"Hyundai Motor 2025 Consolidated Audit Report","excerpt":"현대차 2025 연결감사보고서는 현대위아 지분율을 25.35%로 공시한다.","excerpt_en":"Hyundai Motor reports a 25.35% ownership interest in Hyundai Wia."},{"stance":"confirms","publisher":"삼성증권","publisher_en":"Samsung Securities","kind":"research","lang":"ko","published_at":"2026-03-06","url":"https://www.samsungpop.com/common.do?cmd=down&contentType=application%2Fpdf&fileName=2010%2F2026030615573952K_02_05.pdf&inlineYn=Y&saveKey=research.pdf","title":"현대위아: 방산 사업 가치 재평가","title_en":"Hyundai Wia: Revaluing the Defense Business","excerpt":"K2 전차, K9 자주포향 포신 단독 공급 업체로 주요 고객사의 수출 확대에 비례해 물량이 증가한다.","excerpt_en":"Hyundai Wia is the sole gun-barrel supplier for K2 tanks and K9 howitzers, with volume rising alongside customer exports."}]}]}