Hanon Systems (018880.KS) Stock Price

Hanon Systems Price

KOSPI·CLOSED
3,985.00
​
Market closed

Revenue has compounded at 10.7% per year over the past 19 years to 10.88 T KRW. Earnings per share have declined at 3.2% per year over the last 17 years. Hanon Systems's net margin stands at -1.8%, down from 4.2% several years earlier. Hanon Systems currently offers a dividend yield of about 1.71%. The payout ratio is around 445% of earnings. The dividend has grown at 0.7% per year over the past 18 years. Analysts set a median price target of 3,774.00 KRW, implying 5.3% below the current price. Of 28 analysts, 8 rate the stock a buy — an overall Hold consensus.

Hanon Systems stock price

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Hanon Systems business model & stock analysis

Hanon Systems is a global provider of climate systems in vehicles. The company was founded in 1986 as a joint venture between Daewoo Group and Canadian company Harrison Radiator. In 1997, it went public on the Korean stock market under the name Halla Climate Control Corporation. Hanon Systems produces a wide range of climate components and systems for cars, trucks, commercial vehicles, and aftermarket customers. The product range includes compressors, heating components, air conditioning condensers, and evaporators. The company has a special focus on environmentally friendly and customer-oriented solutions. The company operates worldwide and has production facilities in Asia, Europe, and North America. In addition, Hanon Systems has sales offices and research facilities in various countries. Hanon Systems' business model employs vertical integration from development and design to the production of components and systems. The company aims to have a holistic view of the entire value chain in order to offer customers innovative and tailored products. The goal is to achieve a combination of high product quality and cost-effective production. Overall, Hanon Systems offers a comprehensive range of services to meet the needs of its customers. In addition to manufacturing elements and systems, the company also strives to develop new technologies to provide innovative solutions to its customers. A central part of Hanon Systems' commitment lies in its research and development department. An important strategic focus is the use of electromobility, with the development of climate systems for electric vehicles that are designed to optimize energy consumption and increase range. As a leading provider of climate systems, Hanon Systems is an important supplier to numerous well-known automobile manufacturers worldwide. Customers include companies such as BMW, Ford, General Motors, Hyundai, Nissan, Renault, and Toyota. Overall, Hanon Systems is a company with a long history that specializes in quality products and customer-oriented solutions. The focus on a comprehensive value chain and the use of innovative technologies are the pillars that have successfully established the company in the global market.

Frequently asked questions about Hanon Systems

The business model of Hanon Systems revolves around the provision of advanced thermal and energy management solutions for automotive applications. As a global leader in the automotive thermal solutions industry, Hanon Systems specializes in designing, developing, and manufacturing various components such as air conditioning, heating, and ventilation systems for vehicles. The company focuses on delivering innovative and efficient solutions to enhance the comfort, sustainability, and performance of automobiles. Hanon Systems partners with major automakers worldwide, catering to diverse market needs and ensuring the seamless integration of their high-quality thermal management systems into vehicles.

Hanon Systems is primarily active in the automotive industry.

The main competitors of Hanon Systems in the market are Denso Corporation, Valeo SA, Mahle GmbH, and Delphi Technologies.

Hanon Systems is a global automotive company that specializes in providing thermal and energy management solutions to various automakers. Established in 1986 as a joint venture between Ford Motor Company and Mando Corporation, Hanon Systems has since grown to become a prominent player in the automotive industry. The company boasts a rich history of innovation and technological advancements, catering to the evolving needs of the automotive market. With its strong focus on research and development, Hanon Systems has successfully developed cutting-edge solutions for climate control systems, powertrain cooling, battery thermal management, and more. Today, Hanon Systems continues to be a trusted partner for automotive manufacturers worldwide.

Hanon Systems, a leading automotive thermal solutions provider, has achieved several significant milestones. The company has successfully expanded its global presence, establishing operations in over 20 countries worldwide. Hanon Systems has also fostered strategic partnerships with major automotive manufacturers, including Hyundai-Kia, Ford, and General Motors, solidifying its position in the industry. Through continuous innovation and advanced engineering capabilities, Hanon Systems has developed cutting-edge technologies in thermal management, enabling efficient vehicle climate control systems. With a strong commitment to sustainability, the company has achieved notable recognition, such as the Automotive News PACE Award for its eco-friendly solutions. Hanon Systems continues to drive automotive innovation and shape the future of thermal management in the industry.

Hanon Systems is primarily present in various countries and regions worldwide. Some of the key regions where the company operates include North America, Europe, Asia, and South America. With a global presence, Hanon Systems has established a strong market footprint and serves customers in numerous countries and territories. This international reach allows the company to effectively cater to the demands of different markets and collaborate with partners on a global scale. As an industry-leading provider of automotive thermal solutions, Hanon Systems' extensive presence ensures its ability to serve diverse customers and support their needs across various geographical locations.

Hanon Systems represents several core values and a strong corporate philosophy. The company is committed to excellence, innovation, and sustainability in the automotive industry. Hanon Systems places a high emphasis on customer satisfaction and aims to deliver top-quality products and services. The company also values teamwork, integrity, and a performance-driven culture. By prioritizing technological advancements, Hanon Systems strives to provide cutting-edge solutions that enhance efficiency and reliability for their clients. With a global presence and a focus on environmentally friendly practices, Hanon Systems is dedicated to shaping a greener future through their products and operations.

Analysts currently set an average price target of 3,762.07 KRW for the Hanon Systems stock (median: 3,774.00 KRW), implying -5.6 % versus the latest price. The consensus is based on 28 analyst ratings.

28 analysts currently rate the Hanon Systems stock: 11 recommend buying, 14 holding and 3 selling. For 2026, analysts expect Hanon Systems to generate revenue of 11.39 T KRW and earnings per share of 206.64 KRW.

Converted at the current exchange rate, the Hanon Systems share trades at 2.65 EUR (3,985.00 KRW).

The Hanon Systems share (018880.KS) is listed on 1 stock exchanges, including: KOSPI (Seoul) (018880.KS).

Hanon Systems is a leading global provider of integrated heating, ventilation, and air conditioning (HVAC) systems for the automotive industry. The company was founded in 1986 and has its headquarters in South Korea, with branches and production facilities in other countries. The business of Hanon Systems is divided into four main areas: HVAC systems, electronics, components, and heat exchangers. Each of these areas offers a variety of products and solutions for customers around the world. In the HVAC systems area, Hanon Systems offers complete heating, ventilation, and air conditioning systems for cars, commercial vehicles, and electric vehicles. The systems include compressors, condensers, evaporators, radiators, blower motors, and controls. Hanon Systems' products are known for their high quality and efficiency and contribute to a reduction in greenhouse gas emissions. In the electronics area, Hanon Systems offers climate controls and operating elements that enable optimum climate control in vehicles. This includes the integration of sensors that control the conditions inside the vehicle and adjust the climate system accordingly. In the components area, Hanon Systems offers capacitors, compressors, evaporators, and radiators, among other products. These components are used by Hanon Systems in their own HVAC systems as well as by other vehicle manufacturers. In the heat exchanger area, Hanon Systems offers a wide range of products that regulate the temperature in the vehicle. These include radiators, condensers, and evaporators that are used in vehicles by leading global automakers. Hanon Systems uses state-of-the-art technology and innovative design solutions to provide customers with maximum performance and energy efficiency. Another key pillar of the business model is the efficient supply chain and close collaboration with customers. Hanon Systems strives to exceed customer expectations and be a premier supplier and partner. The company works closely with its customers to offer customized solutions and meet their requirements. Hanon Systems is proud to have built long-term relationships with customers such as General Motors, Volkswagen, Ford, Daimler, BMW, and Hyundai, and is committed to expanding its customer base and entering new markets. In summary, Hanon Systems' business model is focused on manufacturing high-quality, efficient, and innovative HVAC systems for the automotive industry. The company offers a wide range of products and solutions tailored to customer needs. Hanon Systems aims to be a trusted and reliable supplier and partner for leading global automakers and expand its business through expanding its global presence and entering new markets.

The expected revenue of Hanon Systems is 11.39 T KRW. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Hanon Systems is 110.36 B KRW. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Hanon Systems is currently 19.28. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Hanon Systems stock.

The price-to-sales ratio (P/S) of Hanon Systems is currently 0.19. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Hanon Systems stock.

The Eulerpool Quality Score for Hanon Systems is 4/10.

The ISIN of Hanon Systems is KR7018880005. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Hanon Systems is 018880.KS. The ticker symbol is used to trade Hanon Systems shares on the stock exchange.

Fair ValueTerminal
4,024.85 KRW
Over-/UndervaluationTerminal
Fairly valued
Industry
Auto Components
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
South Korea
Currency
KRW
Initial public offering
Jul 31, 1996
ISIN
KR7018880005
Cusip
Y29874107
Sedol
B00LR01
Market capitalization
2.43 T KRWMega Cap
52-Week Range
PEG
-0.35
P/E ratio
P/Ee 2026
22.05
P/Ee 2027
15.37
P/Ee 2028
9.91
P/S
P/Se
0.19
EV/EBIT
11.29
P/B Ratio
0.65
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-3.74 %
Dividend
Dividend yield
0.00 %
Est. Dividend Yield
6.90 %
Payout Ratio
572.14 %
Dividend growth Ø5Y
-0.25 %
Dividend payments per year
4
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
22.00 %
Last updated Oct 9, 2026, 8:42 PM

Hanon Systems Peer Group

Hanon Systems Ticker

KOSPI · 018880.KS

Hanon Systems FIGI

018880:KS · BBG000H5XPZ9018880:KP · BBG000H5XQP8

All fundamentals and in-depth analysis of Hanon Systems

Our stock analysis for Hanon Systems stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hanon Systems. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.