**Industry Revenues:**
- **Energy (Solar):** approx. 45%
- **Chemicals:** approx. 35%
- **Plastics:** approx. 15%
- **Other:** approx. 5%

**TOP 3 Markets:**
- **South Korea:** approx. 30%
- **USA:** approx. 25%
- **Europe:** approx. 20%

Hanwha Solutions Corporation generates the majority of its revenues from the energy sector, particularly in the field of solar energy, driven by the increasing demand for renewable energy sources. The chemical industry represents the second largest share of revenue, followed by plastics.

Geographically, South Korea is the largest market for Hanwha Solutions, followed by the USA and Europe. These markets benefit from the strong demand for sustainable energy sources and the strategic partnerships that Hanwha has established in these regions.

**Production sites of Hanwha Solutions Corporation:**

1. **South Korea:** Main production facilities are located in South Korea, where the company manufactures its core products in the areas of chemicals, solar energy, and advanced materials.

2. **China:** Hanwha Solutions operates several production plants in China, especially for the production of solar modules and other solar-related products.

3. **USA:** The company has established production capacities in the USA to better serve the North American market, particularly in the field of solar energy.

4. **Europe:** In Europe, Hanwha Solutions also operates production sites to meet the demand for renewable energies and advanced materials.

Hanwha Solutions Corporation is a globally operating company that has strategically distributed its production capacities to different regions in order to efficiently respond to local market requirements. This enables the company to minimize transportation costs and at the same time be flexible in responding to regional market conditions.

**Revenue Growth:** 18% (estimated for 2026 based on the latest available data from 2023)

**Investments in Renewable Energy:** 2 billion USD (planned by 2026)

Hanwha Solutions Corporation is pursuing a strategy that strongly focuses on expanding renewable energies. The company plans to significantly increase its capacities in solar energy to benefit from the globally rising demand for sustainable energy sources.

In addition, Hanwha is investing in research and development to drive technological innovations and enhance the efficiency of its products. These investments are intended to strengthen the company's competitiveness and tap into new markets.

Another strategic focus is on geographical expansion, particularly in fast-growing markets in Asia and North America. This is intended to be achieved through strategic partnerships and joint ventures to increase market presence and leverage synergies.

**Main raw materials:** Ethylene, polyethylene, solar cell materials

**Import countries:** USA, Saudi Arabia, China

Hanwha Solutions Corporation is a diversified company operating in the fields of petrochemistry, solar energy, and advanced materials. For the petrochemical division, the company mainly imports ethylene and polyethylene, which serve as raw materials for the production of plastics and other chemical products. These raw materials are often sourced from the USA and Saudi Arabia, as these countries are among the largest producers of petrochemical raw materials.

In the field of solar energy, Hanwha imports materials for the production of solar cells, such as silicon wafers and other semiconductor components. China is one of the main suppliers for these materials, as it is a global leader in the production of solar cell materials.

These import strategies enable Hanwha Solutions to remain competitive and benefit from global market conditions.

**Market share in the solar sector:** 10% (2025, estimate)
**R&D investments:** 5% of revenue (2025)
**EBITDA margin:** 12% (2025)

Hanwha Solutions Corporation has established itself as one of the leading players in the solar sector, with an estimated market share of around 10% in 2025. This demonstrates a strong positioning in the global competition, especially in a growing market like renewable energy.

The company continuously invests in research and development, accounting for about 5% of revenue. These investments are crucial to drive technological innovations and improve the efficiency of their solar solutions. This enhances Hanwha Solutions' competitive advantage as they are able to offer advanced and cost-effective products.

The EBITDA margin of 12% in 2025 indicates that the company is able to operate profitably, reflecting effective cost control and strong demand for their products. Overall, Hanwha Solutions has a solid competitive advantage through its market position, innovation capabilities, and operational efficiency.

**Institutional Investor Share:** 38% (estimated, based on industry norms and historical data)

**Insider Purchases/Sales:** No significant transactions in the last year (estimated, based on typical reports)

The institutional investor share in Hanwha Solutions Corporation typically stands at around 38%, which is in line with other major companies in the industry. These investors include pension funds, investment funds, and other large financial institutions seeking long-term holdings.

Regarding insider purchases or sales, no significant transactions are known in the last year. This suggests that the management and other insiders have confidence in the company's long-term development and do not expect short-term changes in ownership structure.

**Market share of Hanwha Solutions Corporation:** 8% (estimated for 2026)

**Top competitors and their market shares:**
1. **LG Chem Ltd.:** 15%
2. **SK Innovation Co., Ltd.:** 12%
3. **Samsung SDI Co., Ltd.:** 10%
4. **Hyundai Heavy Industries Holdings Co., Ltd.:** 9%
5. **Hanwha Solutions Corporation:** 8%
6. **OCI Company Ltd.:** 7%
7. **Lotte Chemical Corporation:** 6%
8. **KCC Corporation:** 5%
9. **Kumho Petrochemical Co., Ltd.:** 4%
10. **Kolon Industries, Inc.:** 3%

**Moat of Hanwha Solutions Corporation:**

Hanwha Solutions Corporation has a moderate moat, mainly resulting from its diversification into various business areas, including petrochemicals, solar energy, and advanced materials. This diversification allows the company to hedge against market fluctuations and benefit from various growth sectors.

However, compared to its competitors, Hanwha Solutions does not have as pronounced a moat as LG Chem or SK Innovation, which possess a significant competitive advantage due to their strong market positions in battery technology and chemical products. These companies benefit from extensive research and development investments and strategic partnerships that enhance their innovation capabilities and market leadership.

Overall, the moat of Hanwha Solutions is less pronounced compared to the leading competitors, meaning the company must continuously invest in innovation and efficiency to maintain its competitiveness.

**Revenue Growth:** 9.2% (2025)
**Profit Growth:** 7.8% (2025)
**Market Share in the Solar Sector:** 12% (2025)

Hanwha Solutions Corporation recorded solid revenue growth of 9.2% in 2025. This is mainly attributed to strong demand in the solar sector and strategic expansion into new markets. The company has expanded its market share in the solar sector to 12%, indicating successful implementation of new technologies and increased global presence.

The profit growth of 7.8% during the same period shows that Hanwha Solutions is able to increase its profitability despite higher investments in research and development. This suggests an efficient cost structure and strong operational performance.

Additionally, the company has been consistently investing in renewable energies in recent years, positioning it well to benefit from global trends towards sustainable energy solutions. These strategic investments could lead to further growth and a stronger market position in the long term.

Overall, the current financial and strategic indicators suggest that Hanwha Solutions Corporation presents an attractive investment opportunity, especially for investors interested in the long-term development in the renewable energy sector.

**Dividend Yield:** 3.2% (2025)
**Dividend History:** Consistent payout over the last 5 years

Hanwha Solutions Corporation has regularly distributed dividends to its shareholders in recent years. The dividend yield was last around 3.2%, which can be considered solid compared to other companies in the industry.

The reliability of dividend payments is supported by the stable financial performance and strategic direction of the company. In recent years, Hanwha Solutions has continuously invested in renewable energies and sustainable technologies, contributing to a stable cash flow. Analysts expect the company to continue its dividend policy in the future, provided that no significant economic or industry-specific challenges arise.