Hanwha Vision: Revenue Scaled Up After 2024 Listing, With Profit Margins Near 8%

Thesis

The data supports a company with a much larger revenue base than in its first reporting year and a double-digit return on equity of 13.4% on a trailing basis. Operating income of ₩149.4B and net income of ₩119.1B on trailing revenue of ₩1.87T show solid profitability. The data does not show why the share price fell from its 52-week high, since no news headlines are provided. Free cash flow of ₩21.1B is small relative to net income, and the balance sheet carries ₩220.9B of borrowings against ₩98.4B of cash. Investor flow, foreign ownership and short balance data are not available, so positioning cannot be assessed. Price returns are mixed: -2.0% over one month, +6.3% over three months and -17.3% over one year.

Business overview

Hanwha Vision is listed on KOSPI in the Electronics sector. The company was founded on 2024-09-02 and listed on 2024-09-27, with 50,488,390 listed shares and a market capitalization of about ₩2.34T. The 52-week price range runs from ₩30,950 to ₩97,900. The CEO is listed as 김기철. The reported 2024 figures cover a short period (revenue of ₩493.3B), so year-over-year comparison is limited. Recent filings include several 5%+ holding reports, a change in the largest shareholder's holdings, insider shareholding reports, a corporate governance report amendment and an IR event on 2026-09-09. The data does not describe the company's products or customers.

Model estimate of fair value

The valuation model has no estimate for this company yet (not enough data, or no positive value with the base case).

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%