OverviewSuggest Edit

Hanwha Aerospace (한화에어로스페이스) is a company engaged in aircraft engine development, production, and maintenance. It manufactures gas turbine engine solutions, critical aerospace components such as flight control, hydraulic, and fuel systems as well as fixed and rotary-wing aircraft components including accumulators, speed brake actuators, hydraulic pumps, reservoirs, etc. The company also produces engine parts for civil aircraft and OEMs (original equipment manufacturers) such as inlet case, outer guided vane, fan blade as well as compressor blisk, blades, cases and structures, and integrally bladed rotors.
TypePublic
Founded1977
HQChangwon, KR
Websitehanwhaaerospace.com

Latest Updates

Employees (est.) (Dec 2020)2,012(-1%)
Revenue (FY, 2019)₩5.3 T(+19%)
Share Price (Oct 2021)₩50.9 K
Cybersecurity ratingAMore
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Key People/Management at Hanwha Aerospace

Hyunwoo Shin

Hyunwoo Shin

President and CEO
Dennis Kim

Dennis Kim

Vice President, Head of Strategy Planning
SeungKil Lee

SeungKil Lee

Vice President, Advisor
Jun Ji

Jun Ji

Vice President, Marketing
Sukchul Kang

Sukchul Kang

Vice President, Engineering
Stephen Lindsey

Stephen Lindsey

COO, Hanwha Aerospace USA
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Hanwha Aerospace Office Locations

Hanwha Aerospace has offices in Changwon, Asan, Seongnam, Cheshire and in 2 other locations
Changwon, KR (HQ)
1204 Changwon-daero, Seongju-dong, Seongsan-gu
Asan, KR
144 Asan valley nam-ro, Dunpo-myeon
Seongnam, KR
Pangyo Station, 160 Pangyoyeok-ro, Sampyeong-dong, Bundang-gu
Singapore, SG
51 Seletar Aerospace View
Cheshire, CT, US
5 McKee Pl
Hanoi, VN
Lot CN1-02B-4-8, Hi-Tech Park I, Hoa Lac Hi-Tech Park
Show all (6)

Hanwha Aerospace Financials and Metrics

Hanwha Aerospace Revenue

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View revenue for all periods
Hanwha Aerospace's revenue was reported to be ₩5.26 t in FY, 2019 which is a 18.2% increase from the previous period.
KRW

Revenue (Q1, 2020)

954.8b

Gross profit (Q1, 2020)

186.3b

Gross profit margin (Q1, 2020), %

19.5%

Net income (Q1, 2020)

(7.5b)

EBITDA (Q1, 2020)

39.8b

EBIT (Q1, 2020)

(5.8b)

Market capitalization (19-Oct-2021)

2.4t

Closing stock price (19-Oct-2021)

50.9k

Cash (31-Mar-2020)

1.4t

EV

3.7t
Hanwha Aerospace's current market capitalization is ₩2.4 t.
Annual
KRWFY, 2017FY, 2018FY, 2019

Revenue

4.2t4.5t5.3t

Revenue growth, %

20%6%18%

Cost of goods sold

3.4t3.7t4.2t

Gross profit

768.4b798.0b1.0t
Quarterly
KRWQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

748.0b1.0t1.0t954.8b1.4t1.3t954.8b

Cost of goods sold

622.5b822.0b844.4b768.5b1.1t1.0t768.5b

Gross profit

125.5b189.3b195.6b186.3b287.4b280.6b186.3b

Gross profit Margin, %

17%19%19%20%21%21%20%
Annual
KRWFY, 2017FY, 2018FY, 2019

Cash

461.4b637.0b1.0t

Accounts Receivable

1.1t1.2t1.3t

Inventories

815.4b1.3t1.3t

Current Assets

2.8t3.9t4.6t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

518.0b926.9b743.4b1.4t

Accounts Receivable

1.1t1.2t1.3t1.3t

Inventories

1.5t1.4t1.5t1.6t

Current Assets

3.9t4.4t4.4t5.3t
KRWFY, 2017FY, 2018FY, 2019

Inventories

(50.1m)(82.7b)47.2b

Accounts Payable

78.8m(53.2b)99.9b

Cash From Operating Activities

(9.7b)56.3b776.3b

Purchases of PP&E

(141.6b)(172.5b)(153.8b)
KRWFY, 2017

Revenue/Employee

1.6b

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.6 x
Show all financial metrics

Hanwha Aerospace Operating Metrics

Y, 2014Y, 2016

Aircraft Engines Produced to Date

7 k

Gas Turbine Engines Shipped to Date

8 k
Show all operating metrics

Hanwha Aerospace Acquisitions / Subsidiaries

Company NameDateDeal Size
APEX Machine Tool Company, Inc.
EBTEC Corporation
EDAC ND
EDAC Technologies Intermediate Company
Gros-Ite Industries, Inc.
Hanwha Aero Engines Company Limited
Hanwha Aerospace USA Co.
Hanwha Aerospace USA LLC
Hanwha Defence Australia PTY Ltd
Hanwha Defence Systems Corp.
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Hanwha Aerospace Revenue Breakdown

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Hanwha Aerospace revenue breakdown by business segment: 24.1% from Aerospace Engine, 46.6% from Defense, 11.0% from Security, 6.8% from Industrial Machinery, 7.2% from ICT and 4.3% from Other

Hanwha Aerospace Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Hanwha Aerospace Online and Social Media Presence

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Hanwha Aerospace News and Updates

South Korea greenlights Hanwha to utilize lunar resources

Hanwha Aerospace became the first South Korean space company to win government approval to utilize resources in space, such as on the moon and Mars, the company said Thursday.

Korean consortium invested $50 million in US launch startup Relativity Space

A consortium of three South Korean companies invested $50 million in American 3D-printed rocket startup Relativity Space.

Hanwha Aerospace: Civil Division Subsidiaries Become New Cash-cows

Hanwha Aerospace’s civil division subsidiaries have become new cash-cows, and the defense/aerospace division is showing stable earnings. The firm’s discount to NAV should shrink thanks to its well-balanced business portfolio.

Hanwha Aerospace Q2 net profit up 103.3 pct. to 86 bln won

Hanwha Aerospace Co. on Thursday reported its second-quarter net income of 86 billion won (US$75.2 million), up 103.3 percent from a year earlier.

Hanwha Aerospace bets big on space business

Hanwha Aerospace, the leading aircraft engine producer in South Korea, is stepping up efforts to expand its space business. SpaceNews

Hanwha Aerospace claims 30% stake in Satrec Initiative

Hanwha Aerospace, South Korea’s largest defense company, announced plans Jan. 14 to invest approximately $100 million to purchase 30% of the shares of satellite manufacturer Satrec Initiative. SpaceNews

Hanwha Aerospace Frequently Asked Questions

  • When was Hanwha Aerospace founded?

    Hanwha Aerospace was founded in 1977.

  • Who are Hanwha Aerospace key executives?

    Hanwha Aerospace's key executives are Hyunwoo Shin, Dennis Kim and SeungKil Lee.

  • How many employees does Hanwha Aerospace have?

    Hanwha Aerospace has 2,012 employees.

  • What is Hanwha Aerospace revenue?

    Latest Hanwha Aerospace annual revenue is ₩5.3 t.

  • What is Hanwha Aerospace revenue per employee?

    Latest Hanwha Aerospace revenue per employee is ₩2.6 b.

  • Who are Hanwha Aerospace competitors?

    Competitors of Hanwha Aerospace include BSEL, Korea Aerospace Industries and Hyundai Wia.

  • Where is Hanwha Aerospace headquarters?

    Hanwha Aerospace headquarters is located at 1204 Changwon-daero, Seongju-dong, Seongsan-gu, Changwon.

  • Where are Hanwha Aerospace offices?

    Hanwha Aerospace has offices in Changwon, Asan, Seongnam, Cheshire and in 2 other locations.

  • How many offices does Hanwha Aerospace have?

    Hanwha Aerospace has 6 offices.