1. South Korea Stocks

  2. •

    Electronic technology

  3. •

    Aerospace & defense
Hanwha Systems Co., Ltd.

Hanwha Systems Co., Ltd.

KKRX:272210
66,300.00
KRW
-7,600.00
(-10.28%)
438.87EPS
78.06P/E
13.65TMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20,309.25
22,286.82
23,589.99
28,299.62
28,213.43
13,508.13
13,289.36
13,244.36
13,644.51
11,689.3
13,090.41
14,947.23
19,513.35
21,998.24
Basic EPS, GAAP
636.38
710.94
831.65
805.02
462.42
493.48
626.62
754.43
642
-409
1,864
2,422
1,290
935.18
Free Cash Flow per Basic Share
1,048.28
538.71
-221.55
-1,430.96
1,185.48
601.4
2,746.01
668.26
1,283.33
1,003.5
-405.31
-747.92
-1,291.01
-1,003.45
Dividend per Share
284.99
317.56
354.94
166.05
3,193.83
- -
135.99
275.48
165.39
159.84
249.52
279.14
348.54
- -
Book Value per Share
2,413.49
2,479.16
2,561.13
2,646.8
2,083.84
5,400.32
7,797.77
8,323.23
11,885.44
10,697.39
11,443.29
13,316.28
25,932.64
24,026.05
Tangible Book Value per Share
2,206.31
2,198.62
2,200.22
2,266.07
1,550.94
2,008.59
3,516.77
3,886.9
8,879.12
7,714.21
8,454.29
9,391.29
22,137.02
20,253.61
Basic Weighted Avg Shares
30
30
30
30
30
84
116
124
153
187
187
188
188
188
Sales/Revenue/Turnover
617,637
678,377
717,783
860,500
858,640
1,128,925
1,545,984
1,642,855
2,089,503
2,187,980
2,452,495
2,803,686
3,664,151
4,130,510
Operating Margin (%)
3.34
3.83
4.08
2.89
3.61
3.97
5.55
5.66
5.36
1.79
5
7.83
3.27
4.02
Depreciation Expense
22,753
34,627
26,006
33,385
28,867
49,375
88,295
99,695
95,927
104,953
121,885
114,119
180,489
195,549
Net Income, GAAP
19,353
21,640
25,305
24,478
14,073
41,242
72,896
93,581
98,315
-76,556
349,221
454,300
242,232
175,594
Effective Tax Rate (%)
14.83
16.93
15.71
1.34
44.24
2.28
11.29
- -
23.56
- -
12.93
17.93
- -
- -
Profit Margin (%)
3.13
3.19
3.53
2.84
1.64
3.65
4.72
5.7
4.71
-3.5
14.24
16.2
6.61
4.25
Working Capital
215,072
224,996
217,042
215,082
133,098
197,597
354,338
324,107
1,312,946
708,304
-61,275
-390,904
-406,330
-688,177
LT Debt
- -
- -
- -
- -
29,918
49,086
86,589
124,054
106,836
105,184
138,959
363,974
1,186,661
1,202,261
Total Equity
366,903
376,886
389,347
402,371
316,788
820,966
968,441
1,032,682
2,239,761
2,018,952
2,154,126
2,455,797
5,000,999
4,571,659
Return on Invested Capital (%)
4.84
5.8
6.4
5.9
3.93
6.32
7.23
- -
4.71
- -
4.5
6.58
- -
- -
Return on Capital (%)
5.33
5.82
6.63
6.01
3.54
6.56
7.4
- -
5.64
- -
15.6
17.79
- -
- -
Return on Common Equity (%)
5.33
5.82
6.6
6.18
3.91
7.25
8.15
9.35
6.04
-3.63
16.87
19.62
6.6
4.28

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
423,235
570,340
2,188,850
LT Borrowings
1,073,226
1,306,257
1,096,911
LT Finance Leases
113,435
107,979
105,350
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
187
187
Market Capitalization
10,172,433
21,335,931
13,650,508

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,928,530
3,157,609
4,666,192
Cash, Cash Equivalents & STI
370,143
530,423
1,666,679
Accounts Receivable, Net
449,518
357,143
449,715
Inventories
810,743
921,860
953,529
Total Current Liabilities
3,334,860
3,514,271
5,354,369
Payables & Accruals
- -
- -
- -
ST Debt
423,235
570,340
2,188,850
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.72%
46.27%
103.64%
Free Cash Flow
101.32%
29.96%
72.8%
Net Income, GAAP
-49.32%
-149.11%
-46.68%
Sales/Revenue/Turnover
18.33%
17.8%
30.69%
Total Cash Common Dividend
- -
17.1%
25%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
544,172
687,073
638,963
932,832
2,803,686
2025
690,101
768,191
807,737
1,398,123
3,664,151
2026
807,099
1,117,552
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
276
151
51
1,950.85
2,422
2025
148
216
806.83
63.18
1,290
2026
-292.17
357
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
279.14
2025
- -
- -
- -
- -
348.54
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Gi-Won Yang
Full Time Employees
4,855
Sector
Electronic technology
Industry
Aerospace & defense
Address
Hanwha Building Gumi NG South Korea 04541
IPO Date
Nov 13, 2019
Website
hanwhasystems.com
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Business
Hanwha Systems Co., Ltd. (272210.KS) develops and supplies defense electronics, ICT solutions, and advanced systems integration services. The company offers core products and services including radar systems, electro-optical infrared (EO/IR) sensors, command and control (C2) systems, avionics, electronic warfare (EW) equipment; satellite communications, cybersecurity solutions, and unmanned systems; as well as ICT offerings such as cloud computing, data centers, digital transformation platforms, and smart city infrastructure. Headquartered in Seongnam, South Korea, and founded in 1977 as part of the Hanwha Group, Hanwha Systems operates primarily in Asia with expanding presence in North America and Europe, targeting government defense agencies, aerospace firms, and enterprise clients in telecommunications and public sectors. In recent developments, the company strengthened its defense portfolio through strategic partnerships, including collaborations on next-generation fighter jet avionics and hypersonic missile detection systems in 2024-2025. It secured major contracts for satellite payloads and urban air mobility (UAM) technologies, alongside a significant funding round tied to Hanwha Group's aerospace expansion initiatives announced in early 2025. These moves reflect ongoing business expansions into space systems and AI-driven defense innovations, with no major name changes or reorganizations reported in the last two years.