Hanwha Solutions Corporation

KOSE:A009830 Stock Report

Market Cap: ₩8.1t

Hanwha Solutions Future Growth

Future criteria checks 3/6

Hanwha Solutions's revenue is forecast to decline at 2.3% per annum while its annual earnings are expected to grow at 94.5% per year. EPS is expected to grow by 96.1% per annum. Return on equity is forecast to be 7.4% in 3 years.

Key information

94.5%

Earnings growth rate

96.07%

EPS growth rate

Chemicals earnings growth65.3%
Revenue growth rate-2.3%
Future return on equity7.38%
Analyst coverage

Good

Last updated30 Apr 2026

Recent future growth updates

Recent updates

Narrative Update • May 06

A009830: Retail Offering And Margin Outlook Will Shape Balanced Future Returns

Analysts have raised their price target for Hanwha Solutions from about ₩40,147 to about ₩51,824, citing updated assumptions that combine a lower expected discount rate and P/E multiple with higher projected profit margins, even though revenue growth expectations have softened. What's in the News Hanwha Solutions has scheduled a Retail Investor Day, giving individual investors a focused forum to hear management updates and ask questions about the business and capital plans (Key Developments).
Narrative Update • Apr 21

A009830: Rights Offering Will Support Future Upside In Equity Story

Analysts have revised their view on Hanwha Solutions, adjusting the price target to ₩65,097 as they factor in updated assumptions around the company’s discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Hanwha Solutions filed a follow-on equity offering for common stock with an indicated size of ₩2.3976t.
Narrative Update • Apr 05

A009830: Rights Offering And Higher Future P/E Will Support Further Upside

Analysts have revised their view on Hanwha Solutions with a slightly lower fair value estimate of ₩65,097 from ₩65,626, reflecting updates to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Hanwha Solutions plans a Retail Investor Day, giving individual investors a forum to hear management updates and ask questions on the business and capital plans (Key Developments).
Narrative Update • Mar 22

A009830: Higher Margin Assumptions And Lower Future P/E Will Support Upside

Analysts have raised their price target for Hanwha Solutions to ₩65,625.90, reflecting updated views on potential revenue growth, profit margins, and a lower assumed future P/E multiple. Valuation Changes Fair Value: ₩65,625.90 is unchanged in the latest update, indicating no adjustment to the central valuation estimate.
Narrative Update • Mar 08

A009830: Higher Revenue Assumptions And P/E Expansion Will Support Future Upside

Analysts have revised their fair value estimate for Hanwha Solutions from about ₩38,000 to roughly ₩65,626. This change reflects updated assumptions that balance a lower discount rate and higher revenue growth expectations with more conservative profit margin and future P/E inputs.
Narrative Update • Feb 22

A009830: Richer P/E And Softer Margin Outlook Will Restrain Future Returns

Analysts now see higher potential in Hanwha Solutions, lifting their fair value estimate from about ₩31,842 to roughly ₩40,147. This change is supported by updated assumptions for discount rates, revenue growth, profit margins, and a higher future P/E multiple.
Analysis Article • Feb 13

Revenues Not Telling The Story For Hanwha Solutions Corporation (KRX:009830) After Shares Rise 67%

The Hanwha Solutions Corporation ( KRX:009830 ) share price has done very well over the last month, posting an...
Narrative Update • Feb 07

A009830: Future Profitability Assumptions Will Likely Prove Overly Optimistic

Analysts have lifted their price target for Hanwha Solutions to ₩20,533 from ₩19,759, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that they view as better aligned with the company’s current profile. Valuation Changes Fair Value: The updated target fair value per share has moved from ₩19,759 to ₩20,533, representing a modest upward adjustment.
Analysis Article • Feb 06

Is Hanwha Solutions Corporation (KRX:009830) Trading At A 35% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hanwha Solutions fair value estimate is ₩64,505 Hanwha...
Narrative Update • Jan 24

A009830: Higher Margins And Profit Guidance Will Support Future Upside

Analysts have reduced their price target on Hanwha Solutions from ₩43,000 to ₩38,000, citing updated assumptions that combine lower revenue growth and a slightly higher discount rate with improved profit margin expectations and a lower future P/E multiple. What's in the News Hanwha Solutions issued new earnings guidance for the fourth quarter of 2025, indicating that operating profit is expected to improve compared with the prior year period due to the base effect from the summer shutdown of lightweight composite material customers and price increases in certain products (Key Developments).
Analysis Article • Jan 22

Here's What's Concerning About Hanwha Solutions' (KRX:009830) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Narrative Update • Jan 10

A009830: Q4 Profit Recovery And 2025 Guidance Will Support Demand Rebound

Analysts have trimmed their price target for Hanwha Solutions to ₩31,842 from ₩32,105, citing slightly softer assumptions for revenue growth and profit margins, alongside a modestly higher future P/E multiple. What's in the News Hanwha Solutions issued new earnings guidance for the fourth quarter of 2025, indicating that operating profit is expected to improve compared with the prior period.
Analysis Article • Dec 31

Is Hanwha Solutions (KRX:009830) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Narrative Update • Dec 20

A009830 Higher Q4 Profit Recovery Will Support Confidence In Demand Rebound

Narrative Update on Hanwha Solutions Analysts have maintained their price target on Hanwha Solutions at ₩32,105, reflecting unchanged assumptions for discount rate, revenue growth, profit margin, and future P/E despite recent market volatility. What's in the News Revised fourth quarter 2025 guidance, with management expecting operating profit to improve compared to the prior year, reflecting the base effect from last summer's customer shutdowns and higher prices in certain lightweight composite products (company guidance).
Analysis Article • Dec 10

Hanwha Solutions Corporation's (KRX:009830) Price Is Out Of Tune With Revenues

It's not a stretch to say that Hanwha Solutions Corporation's ( KRX:009830 ) price-to-sales (or "P/S") ratio of 0.3x...
Narrative Update • Dec 06

A009830: Higher Q4 Operating Profit Recovery Will Drive Renewed Optimism

Analysts have nudged their price target on Hanwha Solutions slightly higher to ₩32,105 from ₩32,000, reflecting modestly stronger revenue growth expectations that more than offset a small downgrade to long term profit margins and a slightly richer assumed future price to earnings multiple. What's in the News Revised fourth quarter 2025 guidance calls for higher operating profit, supported by recovery from a prior summer shutdown at lightweight composite material customers and by price increases in selected products (company guidance).
Narrative Update • Nov 22

A009830: Higher Profit Margins And Q4 Momentum Will Drive Renewed Optimism

Analysts have revised their price target for Hanwha Solutions downward from ₩32,947 to ₩32,000. This change is due to reduced revenue growth expectations, although profit margin projections have improved and the discount rate is slightly higher.
Narrative Update • Nov 06

A009830: Cartersville Plant Launch Will Drive US Renewable Momentum

Narrative Update on Hanwha Solutions: Analyst Price Target Adjustment Analysts have lowered their price target for Hanwha Solutions from ₩33,900 to ₩32,947, reflecting slightly more conservative forecasts for revenue growth and profit margins. Valuation Changes Fair Value Estimate: Decreased from ₩33,900 to ₩32,947, reflecting a more cautious outlook.
Analysis Article • Sep 30

Hanwha Solutions (KRX:009830) Will Be Hoping To Turn Its Returns On Capital Around

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article • Sep 09

Hanwha Solutions (KRX:009830) Seems To Be Using A Lot Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update • Sep 06

Cartersville Plant Launch Will Drive US Renewable Momentum

With Hanwha Solutions' Net Profit Margin and Future P/E holding steady, analysts have maintained their consensus price target at ₩33,900. Valuation Changes Summary of Valuation Changes for Hanwha Solutions The Consensus Analyst Price Target remained effectively unchanged, at ₩33900.
Analysis Article • Aug 18

Take Care Before Diving Into The Deep End On Hanwha Solutions Corporation (KRX:009830)

KOSE:A009830 1 Year Share Price vs Fair Value Explore Hanwha Solutions's Fair Values from the Community and select...
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New Narrative • Jul 16

US Manufacturing And Renewables Will Redefine The Future

U.S. manufacturing expansion and policy support position Hanwha Solutions to gain market share and improve margins as local content becomes more valuable.
Analysis Article • May 22

Is Hanwha Solutions (KRX:009830) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Earnings and Revenue Growth Forecasts

KOSE:A009830 - Analysts future estimates and past financials data (KRW Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202820,112,450990,2831,226,000N/A9
12/31/202718,418,620732,565819,757N/A17
12/31/202617,579,274322,044-965,811N/A15
3/31/202621,208,055-953,128N/AN/AN/A
12/31/202513,333,055-873,128-2,671,872-655,006N/A
9/30/202514,219,024-752,268-1,559,198991,423N/A
6/30/202513,600,603-1,100,619-1,721,4571,159,613N/A
3/31/202513,135,113-1,181,247-2,340,537989,921N/A
12/31/202412,394,024-1,459,120-2,780,338638,486N/A
9/30/202411,478,547-1,009,841-3,545,045-259,743N/A
6/30/202411,637,084-637,876-3,591,781-510,320N/A
3/31/202412,349,487-347,602-3,056,967-376,903N/A
12/31/202313,078,53679,269-1,890,550517,954N/A
9/30/202313,134,172184,708-1,486,428437,691N/A
6/30/202313,469,534315,035-1,001,499512,403N/A
3/31/202313,364,391552,221-377,594810,052N/A
12/31/202213,130,753542,600-824,627115,717N/A
9/30/202212,310,690283,366-452,461418,114N/A
6/30/202211,651,233345,453-336,793498,264N/A
3/31/202211,169,690329,417-238,294583,725N/A
12/31/202110,725,192619,051161,224990,891N/A
9/30/202110,323,923713,088165,548982,628N/A
6/30/202110,172,019728,474346,5191,132,868N/A
3/31/20219,350,954664,107409,8911,192,114N/A
12/31/20209,195,008346,929193,6221,069,542N/A
9/30/20209,067,677238,20511,043996,761N/A
6/30/20209,064,995157,011-200,960921,502N/A
3/31/20209,472,53635,476-254,544964,869N/A
12/31/20199,457,390101,440N/A1,206,118N/A
9/30/20199,430,51827,010N/A984,542N/A
6/30/20199,316,617-123,652N/A849,097N/A
3/31/20199,203,18725,250N/A726,651N/A
12/31/20189,046,042186,680N/A726,704N/A
9/30/20188,990,331474,262N/A772,821N/A
6/30/20188,991,521749,643N/A798,976N/A
3/31/20189,226,529800,045N/A751,920N/A
12/31/20179,341,813824,697N/A916,232N/A
9/30/20179,307,249959,741N/A860,091N/A
6/30/20179,379,844905,744N/A882,842N/A
3/31/20179,286,505969,166N/A1,177,741N/A
12/31/20169,258,833755,256N/A1,151,004N/A
9/30/20169,246,135626,319N/A959,813N/A
6/30/20168,747,285577,755N/A958,449N/A
3/31/20168,363,727313,391N/A1,533,964N/A
12/31/20158,036,991188,161N/A1,209,291N/A
9/30/20157,750,567178,074N/A1,149,255N/A
6/30/20157,839,67849,131N/A1,095,637N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A009830 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.1%).

Earnings vs Market: A009830 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A009830 is expected to become profitable in the next 3 years.

Revenue vs Market: A009830's revenue is expected to decline over the next 3 years (-2.3% per year).

High Growth Revenue: A009830's revenue is forecast to decline over the next 3 years (-2.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A009830's Return on Equity is forecast to be low in 3 years time (7.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 19:51
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hanwha Solutions Corporation is covered by 26 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sun Jung LeeBofA Global Research
P. K. ParkCGS International
Anna ParkCLSA