Defense Industry: approx. 60%
IT Services: approx. 25%
Aerospace: approx. 15%

TOP 3 Markets:

1. South Korea: approx. 40%
2. USA: approx. 25%
3. Middle East: approx. 15%

Hanwha Systems Co., Ltd. generates the majority of its revenue from the defense industry, followed by IT services and aerospace. The domestic market of South Korea is the largest single market, followed by the USA, where the company also has a strong presence. The Middle East is a growing market for Hanwha Systems, especially in the defense sector.

Production Sites: South Korea, Vietnam

Hanwha Systems Co., Ltd. mainly produces its products in South Korea, where the company's headquarters are located. In addition, the company has production facilities in Vietnam to benefit from the more cost-effective production conditions there and to strengthen its presence in Southeast Asia.

This strategic distribution of production sites enables Hanwha Systems to respond more efficiently to demand in different markets and optimize production costs at the same time.

Current Growth Strategy of Hanwha Systems Co., Ltd.:

1. Diversification of the Product Portfolio: Hanwha Systems is increasingly focusing on expanding its range of products in the defense and aerospace technology sector. This includes the development of new technologies and systems to meet the changing market demands.

2. International Expansion: The company aims to strengthen its presence in international markets, especially in regions with growing demand for defense technologies. This involves strategic partnerships and joint ventures with foreign companies.

3. Investments in Research and Development: Hanwha Systems is investing significantly in research and development to develop innovative solutions that can be applied in both civilian and military sectors. This is intended to secure the company's competitiveness in the long term.

4. Sustainability and Digitalization: The company is pursuing initiatives to digitalize its processes and implement sustainable practices to work more efficiently and reduce its ecological footprint.

These strategic priorities are intended to help Hanwha Systems establish itself in a competitive market environment and achieve sustainable growth.

Main raw materials/materials: Electronic components, metals, semiconductors

Countries of origin: China, Japan, USA, South Korea

Hanwha Systems Co., Ltd. is a company specializing in defense technology and electronic systems. For the production of their products, the company mainly imports electronic components and semiconductors, which are essential for the production of defense and communication systems.

China and Japan are significant suppliers of electronic components and metals, while the USA and South Korea themselves are important partners for the procurement of semiconductors and advanced technologies. These imports are crucial to meet the company's production requirements and technological standards.

Market Share: Estimated 10-15% in the Asian defense sector (2025)

Research & Development (R&D) Expenses: 8% of revenue (2024)

Technological Innovation Rate: High, with several new patents annually (2023)

Hanwha Systems Co., Ltd. has a significant competitive advantage in the Asian defense sector, particularly through its strong investments in research and development. The company invests approximately 8% of its revenue in R&D, enabling it to continuously develop new technologies and products.

The estimated market share of 10-15% in the Asian defense sector underscores its strong market position. Additionally, Hanwha Systems has a high innovation rate, as evidenced by the regular filing of new patents. These factors together significantly strengthen the company's competitiveness.

Furthermore, Hanwha Systems benefits from its integration into the Hanwha Group, which provides a wide range of synergies and resources to further solidify its market position.

Institutional Investor Share: 35% (estimated, 2025)
Insider Buys/Sells: No significant changes (estimated, 2025)

The institutional investor share in Hanwha Systems Co., Ltd. is estimated to be around 35%. This reflects the interest of investment funds and other large institutional investors who invest in the company to benefit from its growth potential.

Regarding insider buys or sells, there are no significant changes indicating a substantial shift in management or major shareholders' confidence in the company's future development. This suggests that management and insiders continue to have confidence in the company's strategic direction and financial prospects.

Market share of Hanwha Systems Co., Ltd.: 8% (2025, estimated)

Top competitors and their market shares:

1. LIG Nex1 Co., Ltd.: 15%
2. Korea Aerospace Industries, Ltd.: 12%
3. Samsung Thales Co., Ltd.: 10%
4. Hanwha Systems Co., Ltd.: 8%
5. Hyundai Rotem Co.: 7%
6. Doosan Group: 6%
7. Huneed Technologies: 5%
8. STX Engine Co., Ltd.: 4%
9. Poongsan Corporation: 3%
10. Korea Defense Industry Association: 2%

Moat of Hanwha Systems Co., Ltd.:

Hanwha Systems Co., Ltd. has a moderate moat, mainly supported by its strong position in defense electronics and strategic partnerships. The company benefits from its technological expertise and its ability to offer integrated solutions tailored to the specific needs of the South Korean defense industry.

Compared to its competitors, LIG Nex1 has a stronger moat due to its wider product range and greater market presence. Korea Aerospace Industries benefits from its specialization in aviation technologies, giving it a significant advantage in this segment.

Samsung Thales, as a joint venture with a global technology leader, has access to advanced technologies and international markets, strengthening its moat. Hyundai Rotem and Doosan Group also have strong positions, particularly through diversification and international expansion.

In summary, Hanwha Systems Co., Ltd. has a respectable but not the strongest moat compared to its main competitors. Continued investment in research and development and expanding international partnerships could help strengthen this advantage.

Revenue Growth: 8.9% (2024) Profit Growth: 10.5% (2024) R&D Expenses: 7.2% of revenue (2024)

Hanwha Systems Co., Ltd. recorded solid revenue growth of 8.9% in 2024, driven by strong demand for their defense and aerospace technologies. The company also achieved a profit growth of 10.5%, indicating efficiency improvements and an enhanced cost structure.

Another positive aspect is the investment in research and development, accounting for 7.2% of revenue. This demonstrates the company's commitment to investing in innovative technologies that can support future growth.

Analysts expect Hanwha Systems to benefit from increasing demand for defense technologies and expansion into new markets. These factors could position the company favorably for further growth, making it a potentially attractive investment.

Dividend Yield: 1.8% (2024)
Dividend History: Regular payouts since 2019

Hanwha Systems Co., Ltd. recorded a dividend yield of 1.8% in 2024. The company has been regularly distributing dividends since 2019, indicating a certain reliability in its dividend policy.

The continuity of dividend payments suggests that Hanwha Systems aims to provide its shareholders with consistent returns. However, potential investors should consider the company's financial health and future earnings prospects to better assess the sustainability of dividend payments.