Ask Warren

JONBUR Research · Update note

You're reading an earlier report from Oct 29, 2026. See the latest report

Hanwha Vision · 489790 · Electronics

Hanwha Vision Q3 2026 Preliminary Results: Operating Profit Nearly Triples Year on Year

Why this report

Written after:

Hanwha Vision reported preliminary Q3 2026 consolidated operating profit of ₩102.6B, up 183.3% from a year earlier, on revenue of ₩573.4B. Net income fell from the prior quarter, so the profit improvement is clear at the operating level but not at the bottom line.

Written Oct 29, 2026 · Data as of Oct 28, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

XfWATGr/in@

What happened

On 2026-10-29 the company filed preliminary consolidated results for the July-September 2026 quarter. The figures are provisional and may differ from final numbers.

Revenue was ₩573.4B, up 35.6% from ₩422.7B a year earlier and up 5.7% from ₩542.3B in the prior quarter. Operating profit was ₩102.6B, versus ₩36.2B a year earlier (+183.3%) and ₩65.6B in the prior quarter (+56.4%). That implies an operating margin of about 17.9%, calculated from the filed figures.

Pre-tax profit from continuing operations was ₩61.7B, down 39.2% from the prior quarter's ₩101.5B, but a swing from a loss of ₩5.5B a year earlier. Net income was ₩53.6B, down 28.9% from ₩75.3B in the prior quarter and a turnaround from a ₩6.8B loss a year earlier. Net income attributable to owners was ₩53.6B.

For the first nine months, revenue was ₩1.56T (+16.9%), operating profit ₩190.2B (+31.7%) and net income ₩114.8B, versus a loss of ₩20.2B a year earlier. The filing does not explain why profit before tax fell while operating profit rose.

Every earlier JONBUR Research report and update note on Hanwha Vision, with Pro.

Unlock with Pro

Model estimate of fair value

Bear
₩0
-100%
Base
₩12,435
-76%
Bull
₩48,587
-5%

Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.

Base case of the 5-year discounted cash flow model on the stock's Valuation tab (statements TTM to H1 2026; discount rate 7.1%). Bear and Bull move the main assumptions by fixed steps. See and change the assumptions

Filings and data used

Report history

  1. Oct 30, 2026Update noteBig price moveHanwha Vision Shares Jump 26.7% in Five Days on Heavy Volume After Q3 Results
  2. Oct 29, 2026Update noteEarningsHanwha Vision Q3 2026 Preliminary Results: Operating Profit Nearly Triples Year on Year
  3. Oct 13, 2026InitiationHanwha Vision: Revenue Scaled Up After 2024 Listing, With Profit Margins Near 8%

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information