Projected Income Statement: Hanwha Systems Co., Ltd.

Forecast Balance Sheet: Hanwha Systems Co., Ltd.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -438 -453 -1,626 -1,118 -178 -294 -323 -504
Change - -203.42% -458.94% -168.76% -115.92% -265.22% -209.86% -256.04%
Announcement Date 10/02/20 19/02/21 22/02/22 23/02/23 07/02/24 - - -
1KRW in Billions
Estimates

Cash Flow Forecast: Hanwha Systems Co., Ltd.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 42.49 45.63 80.12 48.3 132.3 172.8 168.5 159.8
Change - 7.39% 75.6% -39.72% 173.96% 30.6% -2.5% -5.15%
Free Cash Flow (FCF) 1 366,134 129,165 236,393 220,288 -48,953 69,388 80,900 197,700
Change - -64.72% 83.02% -6.81% -122.22% -241.74% 16.59% 144.38%
Announcement Date 10/02/20 19/02/21 22/02/22 23/02/23 07/02/24 - - -
1KRW in Million
Estimates

Forecast Financial Ratios: Hanwha Systems Co., Ltd.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 10.2% 11.72% 9.95% 5.89% 8.75% 12.21% 12.15% 12.65%
EBIT Margin (%) 5.55% 5.65% 5.36% 1.1% 3.78% 7.66% 7.75% 8.58%
EBT Margin (%) 5.32% 4.81% 6.13% -2.61% 16.85% 5.45% 8.41% 9.96%
Net margin (%) 4.72% 5.7% 4.71% -3.5% 14.24% 5.16% 7.24% 8.44%
FCF margin (%) 23,682.92% 7,862.22% 11,313.37% 10,067.99% -1,995.61% 2,512.04% 2,569.53% 5,681.62%
FCF / Net Income (%) 502,268.32% 138,025.29% 240,444.77% -287,747.2% -14,017.8% 48,717.85% 35,510.77% 67,346.94%

Profitability

        
ROA 3.38% 3.67% 2.98% -1.95% 8.29% 3.41% 4.64% 5.51%
ROE 8.15% 9.35% 6.04% -3.77% 16.87% 6.4% 9.32% 11.04%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.75% 2.78% 3.83% 2.21% 5.39% 6.26% 5.35% 4.59%
CAPEX / EBITDA (%) 26.95% 23.69% 38.52% 37.45% 61.61% 51.23% 44.03% 36.31%
CAPEX / FCF (%) 0.01% 0.04% 0.03% 0.02% -0.27% 0.25% 0.21% 0.08%

Items per share

        
Cash flow per share 1 - 1,587 2,077 1,436 445 1,033 1,259 1,564
Change - - 30.88% -30.84% -69.02% 132.05% 21.95% 24.19%
Dividend per Share 1 310 230 160 250 280 277.6 284.2 306.7
Change - -25.81% -30.43% 56.25% 12% -0.86% 2.37% 7.92%
Book Value Per Share 1 5,337 5,004 14,583 10,830 11,327 11,836 12,740 13,924
Change - -6.24% 191.44% -25.74% 4.59% 4.5% 7.64% 9.29%
EPS 1 706 850 642 -432 1,864 753.1 1,211 1,556
Change - 20.4% -24.47% -167.29% -531.48% -59.6% 60.83% 28.49%
Nbr of stocks (in thousands) 110,230 110,122 186,993 186,993 186,993 186,993 186,993 186,993
Announcement Date 10/02/20 19/02/21 22/02/22 23/02/23 07/02/24 - - -
1KRW
Estimates
2024 *2025 *
P/E ratio 34.3x 21.3x
PBR 2.18x 2.03x
EV / Sales 1.64x 1.43x
Yield 1.08% 1.1%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
25,800.00KRW
Average target price
26,857.14KRW
Spread / Average Target
+4.10%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. A272210 Stock
  4. Financials Hanwha Systems Co., Ltd.