HNWAF (Hanwa Co) Net Income: $251 Mil (TTM As of Mar. 2026)

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HNWAF Hanwa Co Ltd HNWAF
55 GF Score
Price $10.64
GF Value $7.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hanwa Co Net Income?

Hanwa Co HNWAF +3.30% 55 Net Income is $251 Mil as of Mar. 2026. GuruFocus rates HNWAF with a GF Score™ of 55/100 and a GF Value™ of $7.63 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hanwa Co's Net Income for the three months ended in Mar. 2026 was $79 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $251 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hanwa Co's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.40.


Hanwa Co  (OTCPK:HNWAF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hanwa Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hanwa Co Net Income Related Terms


Hanwa Co Net Income Historical Data

* Premium members only.

The historical data trend for Hanwa Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hanwa Co Net Income Chart

Hanwa Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 367.84 385.33 256.42 305.13 241.14

Hanwa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.83 69.07 45.68 57.31 79.38
HNWAF
55GF Score
Hanwa Co Ltd HNWAF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanwa Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hanwa Co's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=332.632+-96.898+0+5.408
=241

Hanwa Co's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=103.464+-25.97+0+1.885
=79

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $251 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $251 Mil mean?
Hanwa Co (HNWAF) has a Net Income of $251 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hanwa Co and its competitors.
Is Hanwa Co's Net Income too high?
Hanwa Co's current Net Income is $251 Mil. Overall, Hanwa Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Net Income compare to MMM and HON?
Hanwa Co's Net Income of $251 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Conglomerates company?
A good Net Income depends on the Conglomerates industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hanwa Co and its competitors. Hanwa Co's current Net Income is $251 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.63, compared to a current price of $10.64 — trading 39.4% above its estimated fair value. The current Net Income is $251 Mil. Hanwa Co's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Hanwa Co (HNWAF), the current Net Income is $251 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hanwa Co (HNWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued. The current stock price of $10.64 is trading 39.4% above its estimated GF Value™ of $7.63. GuruFocus considers Hanwa Co to be Significantly Overvalued.

Key valuation signals for HNWAF:

  • Net Income: $251 Mil
  • GF Value™: $7.63 vs. price of $10.64 (39.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the HNWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanwa Co Business Description

Other Exchanges 8078:JapanHW4:Germany
Address 1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
55GF Score

Get the complete analysis for HNWAF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.64
Price
$7.63
GF Value