Hanwha FY 2025 Annual ReportBeta
Hanwha annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 31, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).
Hanwha FY 2025 Annual Report Analysis
Business Overview
- • Hanwha Group consolidated revenue KRW 74.79T in FY2025 (74th fiscal year), up ~34% from KRW 55.65T in FY2024
- • Shipbuilding segment (Hanwha Ocean) first appeared in FY2025 financials with KRW 14.55T revenue and KRW 1.11T operating profit — zero revenue in prior two years
Management Discussion & Analysis
- • Hanwha (㈜한화) standalone FY2025: revenue KRW 4.32T (-26.6% YoY), OP KRW 341.5B (+10.8%), net income KRW 48.8B (-75.3%)
- • Hanwha Aerospace (한화에어로스페이스) consolidated revenue KRW 26.70T (+137.6% YoY), OP KRW 3.09T (+78.4%) — driven by Hanwha Ocean consolidation (+KRW 13.65T) and continued K9 self-propelled howitzer / Chunmoo export growth
Risk Factors
- • Hanwha Aerospace expired call option on PWMS (Singapore) 30% stake — derivative trading loss of KRW 61.4B recognized in FY2025
- • Consolidated derivative liabilities KRW 236.2B at end-FY2025, down sharply from KRW 534.2B at end-FY2024 — primarily Level 2 reduction from KRW 464.8B to KRW 91.8B
Hanwha FY 2025 Key Financial MetricsDART
Total Assets
KRW 289.33T
▲ +14.7% YoY
Operating Cash Flow
KRW 8.32T
▲ +20.9% YoY
CapEx
KRW 5.68T
▲ +1.6% YoY
Source: KIFRS consolidated financial data from Hanwha annual report on DART. All figures in KRW.
Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding