Hanwha Corp (Hanwha) manufactures and provides explosives, machinery and trading, and defense products. Its machinery products comprise aerospace equipment, solar products, machine tools, power train, factory automation, plant, and other machinery products. Hanwha offers services such as demolition, cladding, drilling, blasting, and firework explosives through nitric acid, ammonia, and ammonium nitrate chemicals. The company’s products are used in undersea equipment, rockets, fuses, grenades, fireworks, aerospace products, petroleum products, and livestock products. It sells products through a network of distributors in South Korea, besides Asia, North America, South America, Europe, and the Middle East. Hanwha is headquartered in Seoul, South Korea.

Headquarters South Korea

Address 24f, 86, Cheonggyecheon-Ro, Jung-Gu, Seoul, 04541


Telephone 82 2 7291114

No of Employees 5,393

Industry Chemicals

Ticker Symbol & Exchange 000880 (KRX)

Revenue (2021) $46.2B 3.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 321.4% (2021 vs 2020)

Market Cap* $2.0B

Net Profit Margin (2021) XXX 307.1% (2021 vs 2020)

* As of and is in US$

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Petrochemical Plants

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Downstream

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Products and Services

Products Services
Explosives Financial
Defense Products Real estate
Machinery EPC
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XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In October, Hanwha Qcells joined hands with Samsung Electronics to develop an integrated heating system that combines solar energy, ESS and heat pumps.
2022 Plans/Strategy In September, the company announced its plans to acquire Daewoo Shipbuilding and Marine Engineering for US$1.4 billion.
2022 Financing Agreements In July, the company along with Hyundai Motor Co., SK, POSCO, Hyosung Corp and more announced to invest in the hydrogen industry worth US$382 million.
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Competitor Comparison

Key Parameters Hanwha Corp Itochu Corp Marubeni Corp Hyundai Corp EG Corp
Headquarters South Korea Japan Japan South Korea South Korea
City Seoul Minato-Ku Chiyoda-Ku Seoul Geumsan
State/Province - Tokyo Tokyo - -
No. of Employees 5,393 115,124 46,100 304 97
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Keum Choon Soo Chief Executive Officer; Vice Chairman Executive Board 2021 -
Kim Seung Mo Director; Chief Executive Officer - Hanwha Defense Division Executive Board 2021 -
Ok Kyeong Seak Director; Chief Executive Officer - Hanwha Machinery Division Executive Board 2020 -
Kim Maeng Yoon Director; Chief Executive Officer - Hanwha Global Division Executive Board 2021 -
Bak Sang Mee Director Non Executive Board 2020 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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