Hanwha

Seoul, South Korea Founded: 1952 • Age: 74 yrs
Manufacturer of solar cells, modules, and other related components
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About Hanwha

Hanwha is a company based in Seoul (South Korea) founded in 1952.. Hanwha has completed 17 acquisitions, including Ansaldo Energia, Ansaldo Thomassen and Austal. Hanwha operates in a competitive market with competitors including Pennar, SINTEF, Astronergy, SGL Carbon and ET Solar, among others.

  • Headquarter Seoul, South Korea
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1 B (USD), Debt – Conventional

    Apr 17, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Hanwha
Headcount 10000+
Employee Profiles 1
Employee Profiles
People
Seung Youn Kim
Chairman

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Teams

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Funding Insights of Hanwha

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $1.0B
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Debt – Conventional - Hanwha Valuation

investors

Jun, 1993 Amount Private Equity Round - Hanwha Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hanwha

Hanwha has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Everbright Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hanwha

Hanwha has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Ansaldo Energia, Ansaldo Thomassen and Austal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of cell engineering processes and technologies for improving crystalline silicon solar cells.
2017
Composite products are manufactured for diverse applications.
2008
Provides comprehensive solutions in phased array antenna technology for satellite communication.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Hanwha

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hanwha Comparisons

Employees
+
Add Comparison
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Competitors of Hanwha

Hanwha operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pennar, SINTEF, Astronergy, SGL Carbon and ET Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Precision-engineered products and building solutions are manufactured.
domain founded_year HQ Location
Applied research organization providing technology and innovation services across diverse sectors
domain founded_year HQ Location
Solar PV modules are manufactured by Astronergy in Haining, China.
domain founded_year HQ Location
Graphite and composites-based materials and components are developed.
domain founded_year HQ Location
Solar PV modules are manufactured by ET Solar.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hanwha

Frequently Asked Questions about Hanwha

When was Hanwha founded?

Hanwha was founded in 1952 and raised its 1st funding round 41 years after it was founded.

Where is Hanwha located?

Hanwha is headquartered in Seoul, South Korea.

Who is the current CEO of Hanwha?

Sungsoo Lee is the current CEO of Hanwha.

What does Hanwha do?

Founded in 1952 and headquartered in Seoul, South Korea, Hanwha operates as a diversified conglomerate across multiple sectors. Solar cells and modules are produced alongside explosives for defense and construction, automotive airbag inflators, telecommunication equipment, and petrochemical products. Financial services are also provided. In 2022, annual revenues of 48.2 billion were recorded, with a net profit of 1.02 billion.

Who are the top competitors of Hanwha?

Hanwha's top competitors include Pennar, SINTEF and Astronergy.

How many acquisitions has Hanwha made?

Hanwha has made 17 acquisitions, including Ansaldo Energia, Ansaldo Thomassen, and Austal.

Who are Hanwha's investors?

Hanwha has 1 investor. Key investors include Everbright Group.

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