Earnings Alerts

Hanwha Ocean (042660) Earnings: Q1 Operating Profit Surges, Beating Estimates with 258.6 Billion Won

  • Hanwha Ocean Co Ltd reported an impressive operating profit of 258.6 billion won for the first quarter of 2025.
  • This operating profit is significantly higher than both the previous year’s 52.9 billion won and analysts’ estimates of 176.22 billion won.
  • The company’s net profit reached 215.7 billion won, exceeding last year’s 51.0 billion won and surpassing the forecasted 105.11 billion won.
  • Sales for the first quarter increased by 38% year-over-year, reaching 3.14 trillion won. This figure is above the estimated 2.97 trillion won.
  • The stock analyst sentiment includes 11 buy recommendations, 7 hold recommendations, and 1 sell recommendation.

Hanwha Ocean on Smartkarma

Analyst coverage on Hanwha Ocean on Smartkarma offers valuable insights for investors. Sanghyun Park‘s research delves into hunting for outsized moves in off-the-radar Korean sector ETFs, particularly focusing on SOL Shipbuilding and PLUS K-Defense. This analysis indicates price actions and potential impacts on companies like Hanwha Ocean. Another report by Park emphasizes the significance of flow trading plays within the SOL Shipbuilding Top 3 ETF, highlighting the impact of constituent changes on Hanwha Ocean’s performance.

Furthermore, Douglas Kim‘s research sheds light on the positive outlook for the Korean shipbuilding sector, including companies like Hanwha Ocean, under a potential presidency of Donald Trump. The evolving dynamics in naval superiority and potential outsourcing by the US Navy to Korean firms present growth opportunities for companies such as Hanwha Ocean. Investors can leverage these research reports to make informed decisions regarding their investment strategies.


A look at Hanwha Ocean Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts utilizing the Smartkarma Smart Scores have a positive long-term outlook for Hanwha Ocean. With a strong score of 4 in Growth and 5 in Momentum, the company is positioned for robust expansion and swift market performance. Additionally, Hanwha Ocean scores well in Resilience with a score of 3, indicating its ability to weather market fluctuations and challenges effectively. While the Value score stands at 2, suggesting potential undervaluation, the company’s Dividend score of 1 highlights a lower focus on dividend payouts.

As a shipbuilding and offshore company, Hanwha Ocean Co., Ltd. offers a wide range of services including floating structure construction, commercial vessels, specialty vessels, and onshore plants. With strengths in growth and momentum, coupled with resilience in navigating the market, Hanwha Ocean appears well-positioned to capitalize on opportunities in the industry for long-term success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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