Hanwha Ocean Co., Ltd.

A042660

KR7042660001

Shipbuilding

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-07-04 pm EDT			5-day change	1st Jan Change
30,100 ^KRW	-0.17%		-1.47%	+19.92%

Jul. 02	South Korean Stocks Decline as Investors Eye Key US Data; SK Hynix Loses Over 1%, Hyundai Motor Sheds 5%	MT
Jul. 02	Hanwha Ocean Secures Orders Worth Over 2 Trillion Won for Eight Vessels; Shares Dip 3%	MT

Hanwha Ocean Co., Ltd. signed a letter of intent to acquire Plant Business Division of Hanwha Corporation from Hanwha Corporation for approximately KRW 214 billion.

July 30, 2024

Hanwha Ocean Co., Ltd. (KOSE:A042660) signed a letter of intent to acquire Plant Business Division of Hanwha Corporation from Hanwha Corporation (KOSE:A000880) for approximately KRW 214 billion on April 3, 2024. A cash consideration of KRW 214.4 billion will be paid by Hanwha Ocean Co., Ltd. As part of consideration, KRW 214.4 billion is paid towards assets of Plant Business Division of Hanwha Corporation.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	HANWHA OCEAN CO., LTD.	30,100 KRW	-0.17%	-1.47%	6.68B
	HANWHA CORPORATION	29,050 KRW	+4.31%	+8.19%	1.47B

Latest news about Hanwha Ocean Co., Ltd.

South Korean Stocks Decline as Investors Eye Key US Data; SK Hynix Loses Over 1%, Hyundai Motor Sheds 5%	Jul. 02	MT
Hanwha Ocean Secures Orders Worth Over 2 Trillion Won for Eight Vessels; Shares Dip 3%	Jul. 02	MT
Adnoc Logistics & Services Signs Up to $2.5 Billion Shipbuilding Contracts with Hanwha Ocean, Samsung Heavy	Jul. 01	MT
Hanwha Ocean Co., Ltd. signed a letter of intent to acquire Plant Business Division of Hanwha Corporation from Hanwha Corporation for approximately KRW 214 billion.	Jun. 30	CI
Hanwha Group Acquires US-based Philly Shipyard for $100 Million	Jun. 24	MT
Shipbuider Philly Shipyard to Sell Sole Operating Subsidiary to Hanwha for $100 Million	Jun. 20	MT
Hanwha Systems Co., Ltd. and Hanwha Ocean Co., Ltd. entered into a share purchase agreement to acquire Philly Shipyard, Inc. from Philly Shipyard ASA (OB:PHLY) for $100 million.	Jun. 19	CI
Hanwha Ocean USA International LLC announced that it expects to receive $264.989059 million in funding	Jun. 12	CI
Hanwha Ocean USA Holdings Corp. announced that it expects to receive $264.9894 million in funding from Hanwha Ocean Co., Ltd.	Jun. 12	CI
Hanwha Ocean Introduces New Wind Turbine Installation Vessel	Jun. 10	MT
South Korean Shares Up on Upbeat Manufacturing Activity Data; Hanwha Ocean Adds 5% on Canada Submarine Project Win	Jun. 03	MT
Hanwha Ocean Collaborates with Three Canadian Tech Firms for Submarine Project	Jun. 03	MT
South Korea and UAE Boost Collaboration in Trade, Industries, and Energy	May. 31	MT
Adnoc Logistics Confirms Shipbuilding Deals With Hanwha Ocean, Samsung Heavy Industries	May. 30	MT
ADNOC Logistics & Services plc and Shipyard Hanwha Ocean Co. Ltd Signs A Letter of Intent for the Construction of A Minimum of At Least Three Liquified Natural Gas	May. 29	CI
UAE's Adnoc, South Korea’s Hanwha, Samsung to Enter LNG Carrier Deal	May. 29	MT
Hanwha Ocean Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 14	CI
Avance Gas Completes $120 Million Sale of Very Large Gas Carrier	May. 10	MT
Hanwha Aerospace Co., Ltd. and Hanwha Ocean Co., Ltd. acquired a 23.91% stake in Dyna-Mac Holdings Ltd. from Keppel Ltd. for SGD 100 million	May. 09	CI
Hanwha Ocean Swings to Q1 Profit as Sales Jump 59%	Apr. 25	MT
Transcript : Hanwha Ocean Co., Ltd., Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
Hanwha Ocean Co., Ltd. agreed to acquire Philly Shipyard, Inc.	Apr. 23	CI
Hanwha Ocean, Amogy and Hanwha Aerospace Forge Partnership to Decarbonize Maritime Sector with Ammonia as Zero-Emission Fuel	Apr. 23	CI
Hanwha Ocean Co., Ltd. signed a contract to acquire Ammonia-to-electric power system of AMOGY Inc.	Apr. 22	CI
Hanwha Aerospace to spin off industrial solutions businesses from defence	Apr. 04	RE

Chart Hanwha Ocean Co., Ltd.

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Company Profile

Hanwha Ocean Co Ltd, formerly Daewoo Shipbuilding & Marine Engineering Co Ltd, is a Korea-based company principally engaged in the shipbuilding and marine industries. The Company operates its business through three segments. The Commercial Ship Business segment is involved in the building of ships including liquefied natural gas carriers (LNGCs), liquefied petroleum gas carriers (LPGCs), tankers and container ships. The Offshore and Special Ship Business segment builds offshore products such as floating production storage and offloading (FPSO), fixed platforms, drilling rigs, and special ships such as submarines, destroyers, rescue ships and security ships. The Other Business segment provides marine freight transportation service, computer integrated advisory and system construction service and others.

Sector

Shipbuilding

Calendar

2024-11-13 - Q3 2024 Earnings Release (Projected)

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Ratings for Hanwha Ocean Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

30,100 KRW

Average target price

33,540 KRW

Spread / Average Target

+11.43%

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Quarterly earnings - Rate of surprise

Company calendar

Sector Other Shipbuilding

	1st Jan change	Capi.
HANWHA OCEAN CO., LTD.	+19.92%	6.68B
CHINA CSSC HOLDINGS LIMITED	+36.41%	24.71B
COCHIN SHIPYARD LIMITED	+319.16%	8.94B
HD KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD.	+28.78%	7.98B
YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.	+61.74%	7.06B
SAMSUNG HEAVY INDUSTRIES CO., LTD.	+23.35%	5.92B
CSSC OFFSHORE & MARINE ENGINEERING (GROUP) COMPANY LIMITED	+67.56%	4.4B
SEATRIUM LIMITED	-38.98%	3.64B
HD HYUNDAI MIPO CO.,LTD.	+9.78%	2.69B
NAMURA SHIPBUILDING CO., LTD.	+98.66%	1.09B

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