Mr. Chang-Bum Kim serves as the Executive Vice Chairman & CEO since March 2018 and serves as Director of Hanwha Solutions Corporation (formerly known as Hanwha Chemical Corporation) and served as its Presi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chang-Bum Kim	Executive Vice Chairman	no data	no data	no data
Dong-Kwan Kim	President	4.3yrs	no data	no data
An Yoon	Chief Financial Officer	no data	no data	no data
Gi-Young Kwon	MD & Director of Technology Division	no data	no data	no data
In Kim	Senior Vice President of Business Development Department	no data	no data	no data
Dong-Soo Kim	Head of Sustainability Management Center	no data	no data	no data
Koo Yung Lee	VP, Head of Business & Internal Director	no data	no data	no data
Hee Kim	Executive Director	4.8yrs	no data	no data
Doo Ryu	Executive Director	4.8yrs	no data	no data
Eun-Hee Kim	Chief Executive Officer of Hanwha Station Development	4.3yrs	no data	no data

4.5yrs

Average Tenure

60yo

Average Age

Experienced Management: A009830's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chang-Bum Kim	Executive Vice Chairman	no data	no data	no data
Dong-Kwan Kim	President	4.8yrs	no data	no data
Koo Yung Lee	VP, Head of Business & Internal Director	5.8yrs	no data	no data
Hee Kim	Executive Director	4.8yrs	no data	no data
Doo Ryu	Executive Director	4.8yrs	no data	no data
Seung-Yeon Kim	Chairman	no data	no data	no data
Man Kyu Choi	Independent Outside Director	6.8yrs	no data	no data
Jae Jeong Kim	Independent Outside Director	5.8yrs	no data	no data
Jihyung Park	Independent Outside Director	4.9yrs	no data	no data
Amanda Bush	Independent Outside Director	4.8yrs	no data	no data
Satoshi Shima	Independent Outside Director	4.8yrs	no data	no data
Jung Seo	Independent Outside Director	4.8yrs	no data	no data

4.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: A009830's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 17:38
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Hanwha Solutions Corporation is covered by 45 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kunal Agrawal	BNP Paribas Securities (Asia)
Joon-Ho Lee	BofA Global Research
Ji Yeon Lee	Cape Investment & Securities Co., Ltd.

Hanwha Solutions Management

Management criteria checks 2/4

Key information

Recent management updates

Hanwha Solutions Corporation, Annual General Meeting, Mar 26, 2024

Insufficient new directors

High number of new directors

High number of new directors

Hanwha Solutions Corporation, Annual General Meeting, Mar 24, 2021

Hanwha Solutions Promotes Kim Dong-Kwan to President, CEO of Strategy Division

Recent updates

Upcoming dividend of ₩300 per share

Hanwha Solutions (KRX:009830) Has Affirmed Its Dividend Of ₩300.00

New major risk - Revenue and earnings growth

Now 22% overvalued

Is There Now An Opportunity In Hanwha Solutions Corporation (KRX:009830)?

Dividend of ₩300 announced

Hanwha Solutions Corporation (KRX:009830) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

New minor risk - Share price stability

Price target decreased by 7.9% to ₩30,783

Consensus EPS estimates fall by 63%

Hanwha Solutions Corporation to Report Q3, 2024 Results on Oct 30, 2024

Getting In Cheap On Hanwha Solutions Corporation (KRX:009830) Is Unlikely

Consensus EPS estimates upgraded to ₩1,836 loss

Hanwha Solutions Corporation to Report Q2, 2024 Results on Jul 25, 2024

What Does Hanwha Solutions Corporation's (KRX:009830) Share Price Indicate?

Price target increased by 9.0% to ₩35,696

Now 23% undervalued after recent price drop

Hanwha Solutions Corporation's (KRX:009830) Shareholders Might Be Looking For Exit

Price target decreased by 9.4% to ₩33,348

Now 21% undervalued after recent price drop

Hanwha Solutions Corporation to Report Q1, 2024 Results on Apr 25, 2024

Hanwha Solutions (KRX:009830) Has Some Way To Go To Become A Multi-Bagger

Full year 2023 earnings released: ₩1,136 loss per share (vs ₩1,773 profit in FY 2022)

Hanwha Solutions Corporation, Annual General Meeting, Mar 26, 2024

Consensus EPS estimates fall by 89%

Price target decreased by 12% to ₩41,318

Hanwha Solutions Corporation to Report Fiscal Year 2023 Results on Feb 22, 2024

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: ₩34.00 (vs ₩686 in 3Q 2022)

Investor sentiment improves as stock rises 20%

Price target decreased by 7.3% to ₩48,000

Consensus EPS estimates fall by 28%

Hanwha Solutions Corporation to Report Q3, 2023 Results on Oct 31, 2023

New minor risk - Profit margin trend

Price target decreased by 8.0% to ₩59,385

Consensus EPS estimates fall by 20%, revenue upgraded

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 18%, revenue downgraded

Consensus EPS estimates fall by 11%

Insufficient new directors

Investor sentiment improves as stock rises 29%

Consensus EPS estimates fall by 10%

Hanwha Solutions Corporation to Report Q4, 2022 Results on Feb 16, 2023

Price target increased to ₩63,619

Third quarter 2022 earnings released: EPS: ₩714 (vs ₩1,008 in 3Q 2021)

High number of new directors

Now 21% undervalued

Hanwha Solutions Corporation (KOSE:A009830) announces an Equity Buyback for 1,362,800 shares, for KRW 69,502.8 million.

Price target increased to ₩51,053

Consensus EPS estimates increase by 13%

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Hanwha Corporation (KOSE:A000880) and Hanwha Solutions Corporation (KOSE:A009830) completed the acquisition of a 18.824354% stake in REC Silicon ASA (OB:RECSI) from Aker Horizons Holding AS

High number of new directors

Price target decreased to ₩48,895

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Hanwha Solutions Corporation (KOSE:A009830) signed an agreement to acquire Telecommunication Module Business of Samsung Electro-Mechanics Co., Ltd. (KOSE:A009150).

Third quarter 2021 earnings released: EPS ₩1,011 (vs ₩1,301 in 3Q 2020)

Hanwha Solutions Corporation (KOSE:A009830) entered into an agreement to acquire Wi-Fi module business of Samsung Electro-Mechanics Co., Ltd from Samsung Electro-Mechanics Co., Ltd. (KOSE:A009150).

Hanwha Solutions Corporation (KOSE:A009830) completed the acquisition of WOS Co., Ltd. from Wave Electronics Co., Ltd. (KOSDAQ:A095270).

Hanwha Solutions Corporation (KOSE:A009830) agreed to acquire Res Mediterranee SAS for approximately KRW 980 billion.

Consensus forecasts updated

Hanwha Energy Corporation and Hanwha Solutions Corporation (KOSE:A009830) agreed to acquire additional 24.1% minority stake in Hanwha General Chemical Co., Ltd. from Samsung SDI Co., Ltd. (KOSE:A006400) and Samsung C&T Corporation (KOSE:A028260) for approximately KRW 480 billion.

First quarter 2021 earnings released: EPS ₩2,293 (vs ₩425 in 1Q 2020)

Consensus EPS estimates increase to ₩4,494

An Intrinsic Calculation For Hanwha Solutions Corporation (KRX:009830) Suggests It's 8.4% Undervalued