)
Hanwha Solutions (009830) investor relations material
Hanwha Solutions Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 revenue rose 3.3% quarter-on-quarter to KRW 3.882 trillion (38,820억원), with operating profit turning positive at KRW 92.6 billion (926억원), driven by improved sales and cost structure across all segments.
Net loss narrowed significantly to KRW 38.2 billion (-382억원), reflecting operational recovery and one-off IRA-related gains.
Profitability improved across renewable energy, chemicals, and advanced materials segments, supported by volume recovery, margin enhancement, and favorable market conditions.
Financial highlights
Total assets increased to KRW 34.93 trillion (349,303억원), with cash and cash equivalents at KRW 2.477 trillion (24,774억원).
Total liabilities rose to KRW 22.93 trillion (229,326억원), and net debt increased to KRW 13.57 trillion (135,692억원).
Total equity grew to KRW 11.99 trillion (119,977억원).
EBITDA margin improved to 7.9%, and operating profit margin turned positive at 2.4%.
Key financial ratios and metrics
Liabilities to equity ratio stood at 191%.
Net debt to equity ratio was 113%.
ROE improved to -1.0% in 2025 from -5.4% in 2024.
CAPEX for Q1 2026 was KRW 94.2 billion (942억원).
- Renewables expect Q1 2026 profitability as U.S. operations normalize, but losses widened in FY2025.009830
Q4 202512 Apr 2026 - Q2 2024 revenue up 13% QoQ, with narrowed losses and 2024 guidance maintained at 9GW.009830
Q2 202420 Mar 2026 - Q3 revenue up 4% QoQ, operating loss narrows, Q4 to benefit from deferred renewable energy sales.009830
Q3 202420 Mar 2026 - Q4 revenue rebounded, but full-year losses persisted; 2025 targets higher shipments and asset sales.009830
Q4 20243 Feb 2026 - Revenue dropped 33% QoQ, but renewables led profits and outlook remains positive.009830
Q1 202525 Dec 2025 - 2025 module shipment guidance cut to 7.5 GW; 2Q25 saw strong profit growth, but Q3 loss expected.009830
Q2 202523 Dec 2025 - Q3 revenue up 7.9% QoQ, but operating profit turned negative amid U.S. plant and margin pressures.009830
Q3 20255 Nov 2025
Next Hanwha Solutions earnings date
Next Hanwha Solutions earnings date
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)