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[Disclosure] Hanwha Systems (272210) – (Correction) Change in Revenue or Operating Profit/Loss by 30% or More / 2025-02-21

Posted on February 21, 2025August 11, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hanwha Systems has amended its FY2024 financial results previously reported on February 7, 2025. Following the internal settlement adjustments, net profit was revised upward by approximately KRW 133M to KRW 445.38B (+29.8% YoY).

📊 [Key Disclosure Details & Financial Highlights]

  1. Correction Overview
  • Correction Date: February 21, 2025
  • Original Filing & Date: Change in Revenue or Operating Profit/Loss by 30% or More (February 7, 2025)
  • Reason for Correction: Revision of financial statements following the previous disclosure date
  • Board Resolution Date: February 21, 2025 (3 Outside Directors present)
  1. Key Corrected Figures (Consolidated / Unit: KRW thousand)
  • Net Profit:
    • Before: KRW 445,245,713 thousand
    • After: KRW 445,378,843 thousand (+KRW 133,130 thousand increase)
  • Total Assets:
    • Before: KRW 5,723,876,986 thousand
    • After: KRW 5,724,010,116 thousand (+KRW 133,130 thousand increase)
  • Total Equity:
    • Before: KRW 2,416,283,766 thousand
    • After: KRW 2,416,416,895 thousand (+KRW 133,129 thousand increase)
  • Total Equity (excl. Non-controlling Interests):
    • Before: KRW 2,489,921,837 thousand
    • After: KRW 2,490,054,967 thousand (+KRW 133,130 thousand increase)
  1. Final FY2024 Financial Highlights (Consolidated / Unit: KRW thousand)
  • Revenue: KRW 2,803,686,058 thousand (+14.3% YoY)
  • Operating Profit: KRW 219,345,298 thousand (+78.9% YoY)
  • Profit Before Income Tax: KRW 581,412,934 thousand (+31.0% YoY)
  • Net Profit: KRW 445,378,843 thousand (+29.8% YoY)
  • Total Liabilities: KRW 3,307,593,220 thousand / Capital Stock: KRW 944,596,945 thousand
  • Ratio of Equity to Capital Stock: 255.8% (Ratio of Equity excl. Non-controlling Interests: 263.6%)
  • Separate Revenue: KRW 2,793,633,004 thousand
  1. Primary Causes for Financial Changes
  • Revenue: Increase in revenue driven by accumulated order backlog
  • Operating Profit & Net Profit: Margin improvement from revenue growth and gain on valuation of investees
  1. Other Important Matters
  • Figures represent preliminary consolidated results prepared under K-IFRS prior to external audit completion and remain subject to change.

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Final Figures via Audit Report Submission Filing

This correction amendment reflects post-settlement financial statement adjustments, revising net profit, total assets, and total equity figures. As these figures represent internal settlement data prior to the completion of external audit, checking for external audit opinions and verifying whether any further adjustments occur in the audited report serves as a key follow-up checkpoint. Related final details can be reviewed in the subsequent audit report submission filing and periodic reports.

📢 Disclaimer & Source Information

Source: This content was structured and generated based on official filings from the Financial Supervisory Service’s DART system.

Investment Risk Warning: This material is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.

Contact: For compliance inquiries or copyright concerns, please contact ksb220805@gmail.com.

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