1. What Happened? Hansung Cleantech H1 2025 Earnings Breakdown

Hansung Cleantech returned to profitability in the first half of 2025, posting an operating profit of KRW 4.073 billion. Q2 2025 showed growth compared to Q1, with revenue of KRW 54.1 billion, operating profit of KRW 2.2 billion, and net profit of KRW 2.1 billion. However, revenue decreased by 44.9% year-over-year, and the debt-to-equity ratio climbed to 150.88%.

2. Why These Results? Analyzing Positive & Negative Factors

  • Positive Factors:
    • Recovery in the environmental business sector
    • New business ventures, including participation in domestic ultrapure water technology development
    • Positive growth outlook for the environmental industry due to stricter global regulations
  • Negative Factors:
    • Decline in revenue compared to the same period last year
    • High debt-to-equity ratio exceeding 150%
    • High dependence on specific clients for revenue
    • Macroeconomic uncertainties such as global interest rate hikes and exchange rate fluctuations

3. What’s Next? Investment Implications

While Hansung Cleantech shows potential for a turnaround, declining sales and financial burdens remain significant challenges. Investors should pay close attention to the following:

  • Monitoring sales recovery trends and new business performance
  • Reviewing debt management plans and debt repayment schedules
  • Analyzing the impact of changes in the macroeconomic environment

4. Investor Action Plan

It is crucial to adopt a long-term perspective when evaluating the company’s growth potential and formulating an investment strategy. Investment decisions should be based on a comprehensive consideration of changes in financial indicators, new business performance, and the macroeconomic landscape.