Core trading/holding company of Hanwha Group, spanning explosives, machinery and trading, plus stakes in Hanwha's defense/chemical units.
Core trading/holding company of Hanwha Group, spanning explosives, machinery and trading, plus stakes in Hanwha's defense/chemical units.
Owns operating units in explosives, machinery and trading, but part of its value and earnings comes through listed affiliates of the Hanwha group that it partly owns, including defense and solar units, so results depend on those companies' fortunes and dividends. The Kim family, led by Kim Seung-youn, controls the group.
Moat: narrow (scale, regulatory licence). Licensed explosives maker and long-standing group trading arm with diversified holdings.
Headquarters: Seoul, South Korea · Founded: 1952 · Employees: 3,264
Size Hanwha (000880.KS) is a South Korea Industrials company (Industrial Specialties) with a market value of $2.86B, the 103rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩81,400 on 6 Nov 2026.
Performance Over six months the shares fell 29.5%, against -50.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 34.6% over the last twelve months (peer median +25.0%); the operating margin is 6.1% (peer median 7.3%).
Valuation It trades at 4.5× forward earnings against a peer median of 14.5× (cheapest of 17).
Capital Return on invested capital runs 0.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩89.0T | ₩74.8T | ₩55.6T | ₩53.1T | ₩62.3T |
| Revenue growth | — | +34% | +5% | -15% | — |
| Gross profit | ₩10.5T | ₩9.37T | ₩6.57T | ₩6.03T | ₩5.66T |
| EBITDA | ₩8.00T | ₩6.50T | ₩4.02T | ₩3.97T | ₩3.87T |
| Net income | ₩798B | ₩372B | ₩773B | ₩380B | ₩1.31T |
| Free cash flow | -₩3.78T | ₩1.64T | ₩1.24T | -₩1.09T | ₩955B |
| Capital expenditure | ₩4.65T | ₩6.10T | ₩5.92T | ₩4.58T | ₩1.83T |
| Total debt | ₩73.9T | ₩62.1T | ₩45.5T | ₩30.6T | ₩25.8T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Hanwha 000880.KS | $2.86B | -30% | +35% | 6% | 4.5× | n/a |
| Poongsan 103140.KS | $1.05B | -47% | +20% | 7% | 5.2× | n/a |
| Samsung C&t 028260.KS | $31.3B | -8% | +14% | 8% | 15.0× | 5.9% |
| SK 034730.KS | $17.9B | +5% | +15% | 7% | 2.2× | n/a |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000880.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -31.0% | -37.5% | 10th highest of 21 |
| 6-month return | -29.5% | -50.5% | 7th highest of 21 |
| Distance from 52-week high | -51.1% | -63.9% | 6th highest of 21 |
| Revenue growth (TTM) | +34.6% | +25.0% | 6th highest of 21 |
| Operating margin | 6.1% | 7.3% | 10th lowest of 21 |
| Forward P/E | 4.5× | 14.5× | cheapest of 17 |
| ROIC minus cost of capital | -0.8 pp | -0.4 pp | 10th lowest of 21 |
| EV / EBITDA | 5.5× | 13.5× | cheapest of 10 |
| Net debt / EBITDA | -0.2× | 2.6× | 4th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hanwha 000880.KS | South Korea | $2.86B | -30% | +35% | 6% | 4.5× | n/a | n/a |
| Hd Ce 267270.KS | South Korea | $2.80B | -56% | +115% | 8% | 8.6× | -9.6% | +9.6% |
| CJ 001040.KS | South Korea | $2.71B | -49% | +5% | 5% | 7.3× | -1.8% | +7.1% |
| DWEC 047040.KS | South Korea | $3.11B | -70% | -16% | -7% | 7.7× | -4.9% | -0.2% |
| Sanil Electric 062040.KS | South Korea | $2.62B | -56% | +29% | 36% | 17.1× | 15.1% | +50.8% |
| S-1 012750.KS | South Korea | $2.45B | +14% | +1% | 7% | 21.8× | -1.2% | +5.4% |
| Doosan Robotics 454910.KS | South Korea | $2.41B | -54% | +97% | -91% | n/a | n/a | n/a |
| Wonik IPS 240810.KS | South Korea | $2.39B | -43% | +9% | 8% | 14.7× | 29.4% | -3.6% |
| ROBOTIS 108490.KS | South Korea | $2.37B | -30% | +52% | -16% | n/a | n/a | n/a |
| LS 006260.KS | South Korea | $3.51B | -62% | +30% | 4% | 8.0× | n/a | n/a |
| Taihan Cable & Solution 001440.KS | South Korea | $2.31B | -70% | +22% | 5% | 99.2× | n/a | n/a |
| Doosan Bobcat 241560.KS | South Korea | $3.64B | -28% | +11% | 9% | 9.0× | -13.3% | +15.5% |
| L&F 066970.KS | South Korea | $2.15B | -62% | +81% | 8% | n/a | n/a | n/a |
| Kepco E&c 052690.KS | South Korea | $2.07B | -61% | +8% | 10% | 45.6× | n/a | n/a |
| Gaon Cable 000500.KS | South Korea | $3.97B | +50% | +32% | 3% | n/a | n/a | n/a |
| PanOcean 028670.KS | South Korea | $1.91B | -12% | +24% | 9% | 5.0× | n/a | n/a |
| Jusung Engineering 036930.KS | South Korea | $4.39B | +5% | -33% | 0% | 145.3× | n/a | n/a |
| Hyundai Elevator 017800.KS | South Korea | $1.79B | -31% | -9% | 9% | 9.4× | -5.5% | +6.3% |
| Rainbow Robotics 277810.KS | South Korea | $4.59B | -52% | +92% | -16% | 653.8× | n/a | n/a |
| Psk 319660.KS | South Korea | $1.66B | -12% | +32% | 25% | 14.4× | 6.1% | +11.5% |
| LIG Defense&Aerospace 079550.KS | South Korea | $5.24B | -65% | +26% | 8% | 20.0× | n/a | n/a |