)
Visual
test
Hanwha Solutions
Hanwha Solutions (009830) investor relations material
Hanwha Solutions Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Q4 consolidated sales rose 12.3% quarter-over-quarter to KRW 3,778.3 billion, led by EPC business growth in the Renewable Division, but operating loss widened to -KRW 478.3 billion due to lower profitability and significant one-off expenses.
Full-year 2025 consolidated sales increased 8% year-over-year to KRW 13,354.4 billion (133,544억원), but operating loss persisted at -KRW 353.3 billion (-3,533억원), mainly from weak chemical markets.
Net profit for Q4 was -KRW 404.8 billion; full-year net profit was -KRW 608.9 billion (-6,089억원), an improvement from -KRW 1,369 billion in 2024.
Financial highlights
Q4 included approximately KRW 360 billion in one-off expenses, such as inventory write-offs, impairment losses, and business withdrawal costs.
One-off gains of KRW 640 billion, mainly from asset disposals, resulted in a net positive one-off impact of KRW 280 billion.
As of end-2025, total assets reached KRW 33,122.2 billion (331,222억원), with liabilities of KRW 21,817.2 billion and equity of KRW 11,305 billion.
Cash and cash equivalents increased to KRW 2,665.8 billion; total debt rose to KRW 14,977.3 billion.
FY2025 EBITDA was KRW 430.7 billion, up 5.6% year-over-year, but EBITDA margin slightly decreased to 3.2%.
Outlook and guidance
Renewable Energy Division expects a return to profitability in Q1 2026, driven by normalized U.S. operations and higher ASPs.
2026 sales volume guidance is approximately 9 GW, up from 6 GW in 2025.
AMPC recognition projected at KRW 950 billion in 2026, with full value chain benefits in the second half.
Development asset sales and EPC revenue guidance for 2026 is KRW 4–5 trillion.
Residential Energy business expects narrowing losses in Q1 and installation growth to 186 MW in 2026.
CapEx for 2026 is expected to decline to KRW 1.2 trillion, with most allocated to renewable energy.
Renewable energy market expected to grow to over 40GW in the US and maintain 70GW+ in Europe, with policy risks and tax changes impacting growth.
Chemical segment faces continued oversupply, with LDPE demand stable but LLDPE competition intensifying.
IRA benefits vs. 2025 operating loss drivers
Chemicals 2026 oversupply market strategy
Plan to manage rising net debt and leverage
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebGICRE
Net profit for the nine months surged to ₹6,62,217 lakhs, with a robust solvency ratio of 3.87. - 7 Feb517271
Strong revenue and profit growth, interim dividend, and major investments approved. - 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus.
Next Hanwha Solutions earnings date
Q1 202623 Apr, 2026
Hanwha Solutions
Next Hanwha Solutions earnings date
Q1 202623 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Hanwha Solutions Corporation is a diversified company engaged in renewable energy, chemicals, and advanced materials. The company operates through multiple business segments, including solar energy under Qcells, petrochemicals, and high-performance materials for industries such as construction, automotive, and electronics. The company is headquartered in Seoul, South Korea, and its shares are listed on the KRX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage