📉 Hanwha Aerospace plunges 7% in today's trading... What are the expectations for H2 orders? - 2026.07.20

Wow, did you see the market today? Hanwha Aerospace dropped to 914,000 KRW during trading and ultimately closed at 874,000 KRW, falling sharply by -7.32% ^[1]. Foreign investors had net selling of -23.9 billion KRW, while institutions had net buying of +17.43 billion KRW, showing a significant gap in supply and demand ^[2]. This is genuinely painful... But looking at the numbers, you start to wonder why it dropped so much and what will happen next. Let's break down the chart and trends step by step. 📊

📉 Stock Price Plunge, What's the Cause?

The drop to 914,000 KRW during today's trading signifies maximized short-term volatility ^[1]. News emerged that securities firms forecast Q2 performance to fall below market expectations, leading to a downward adjustment of the target price to 1.72 million KRW ^[3]. While some analysis highlights attractive valuation, it appears disappointment has been reflected in the stock price in the short term. On the other hand, some experts view the recent correction as 'undervaluation' and assess that mid-to-long-term growth potential will be maintained ^[4]. In other words, opinions of 'it's cheap now' and 'performance concerns' are clashing.

🚀 H2: Expectations for Simultaneous Improvement in Performance and Orders

However, the key point here is the H2 outlook. Driven by the sustained growth of the defense business, simultaneous improvement in H2 performance and order status is expected ^[5]. In particular, Kiwoom Securities analyzed that additional H2 orders are expected in the land defense sector through exports such as self-propelled howitzers to Spain ^[2]. The fact that the K9 self-propelled howitzer and Cheonmu multiple launch rocket system are securing large-scale supply achievements targeting NATO joint procurement, thereby strengthening their global foothold, is also a positive signal ^[6].

🤝 Mutual Benefit Financial Support and AI Collaboration, New Variables

Hanwha Aerospace, along with Hanwha Ocean and Hanwha Systems, signed MOUs with the Korea Development Bank (KDB) and the Korea Credit Guarantee Fund (KODIT) ^[7]. Launching the Mutual Benefit Financial Support Program, which strengthens facility investment and financial support for defense and shipbuilding partners, will help stabilize the supply chain. Additionally, news emerged that they established a joint venture with Krafton to jointly develop physical AI technology, aiming to grow into a global defense company like US-based 'Anduril' ^[8]. Aligning with the trend that sovereign AI is essential for security, IT companies are targeting the national defense and defense AX market.

📊 Carrot's Chart Analysis & Sentiment

Today's closing price of 874,000 KRW is testing a crucial short-term support line. The areas around 862,000 KRW (July 14 low) and 870,000 KRW (today's low) are key thresholds. If this line breaks, a larger correction could follow, so be cautious. Conversely, if it rises back above 900,000 KRW, it can be seen as a short-term rebound phase.

Carrot believes that H2 order positives (Spain self-propelled howitzers, NATO joint procurement) can support the stock price despite short-term volatility. However, since concerns about Q2 performance falling short are not yet fully resolved, it is safer to watch the reaction at the support line rather than buying blindly.

No full buy, no full sell, act only when the support line breaks. On days with large corrections like today, it is easy to become psychologically shaken, so one must look calmly at the chart and supply/demand (foreign selling vs. institutional buying). 🥕

📰 Reference News (8)

1

Hanwha Aerospace stock price drops 3.07% to 914,000 KRW during trading on July 20 - Joongang Economy News

네이버뉴스 · 2026.07.20

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2

Hanwha Aerospace, additional H2 orders expected in land defense sector including Spain self-propelled howitzers - Kiwoom - InfoStock Daily

인포스탁데일리 · 2026.07.19

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3

Hanwha Aerospace, target price adjusted downward to 1.72 million KRW... Valuation appeal highlighted - 2news.co.kr

2news.co.kr · 2026.07.20

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4

"It's cheap now" Hanwha Aerospace, stock correction is a buying opportunity - ket.kr

ket.kr · 2026.07.20

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5

Hanwha Aerospace, simultaneous improvement in H2 performance and orders expected - Nate

네이트 · 2026.07.20

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6

K-Defense, targeting NATO joint procurement...

네이버뉴스 · 2026.07.20

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