Hanwha Engine FY 2025 Annual Report
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Filed: March 18, 2026· period ending December 31, 2025DART

Hanwha Engine annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 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 Engine FY 2025 Annual Report Analysis

Business Overview

• Ship engines and SCR business revenue KRW 1.21T in FY2025, 88.4% of total KRW 1.37T sales
• Methanol engine assembly facility upgraded in March 2025, plus multiple dual-fuel engine facility expansions in Nov 2023

Management Discussion & Analysis

• Revenue KRW 1.37T (+14.05% YoY), operating profit KRW 130.1B (+81.8%), net income KRW 173.8B (+119.5%)
• Ship engine segment revenue rose KRW 157.3B to KRW 1.21T driven by increased methanol dual-fuel engine volume and AM business sales growth

Risk Factors

• KRW 37.6B pre-tax profit impact for 10% USD exchange rate increase at FY2025-end FX exposure
• KRW 33.3B principal financial liabilities due within 1 year at FY2025-end, down YoY from KRW 58.5B

Hanwha Engine FY 2025 Key Financial Metrics
DART

Revenue

KRW 1.37T

▲ +14.0% YoY

Net Income

KRW 173.8B

▲ +119.5% YoY

Gross Margin

13.5%

▲ +385bp YoY

Operating Margin

9.5%

▲ +354bp YoY

Net Margin

12.7%

▲ +609bp YoY

ROE

31.2%

▲ +1112bp YoY

Total Assets

KRW 1.70T

▲ +20.0% YoY

EPS (Diluted)

KRW 2,071

▲ +113.9% YoY

Operating Cash Flow

KRW 330.3B

▲ +265.5% YoY

CapEx

KRW 33.3B

▼ -34.7% YoY

Source: KIFRS consolidated financial data from Hanwha Engine 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