# If Hanwha Ocean moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/hanwha-ocean · Facet: ripple · Updated: 2026-07-12T04:06:47.55+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Hanwha Ocean is directly linked to 3 companies (2 supply, 0 revenue, 1 investment relationships) and reaches 7 companies within two hops; the links are backed by 5 dated sources, 2 of them primary filings (as of 2026-07-12).

Hanwha Ocean operates across KOSPI, shipbuilding & defense, ex-DSME. After +142.1% in 2025, it gave back -37.3% in 2026. The supply side (avg -12%) leads the stock (-37.3%), with spending rippling down to suppliers first. Among connected nodes the furthest ahead is POSCO Holdings (-1.4%) and the furthest behind is HD Hyundai Heavy Industries (-22.6%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It delivered the world's 200th LNG carrier in 2025 and builds KSS-III submarines.

## Supply chain (benefiting)
- T1 Hanwha Aerospace (https://valuechain.wiki/hanwha-aerospace.md)
- T2 Hanwha Systems (https://valuechain.wiki/hanwha-systems.md)
- T2 Hyundai Wia (https://valuechain.wiki/hyundai-wia.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T1 POSCO Holdings (https://valuechain.wiki/posco-holdings.md)
- T2 POSCO Future M (https://valuechain.wiki/posco-future-m.md)
- T1 HD Hyundai Heavy Industries (https://valuechain.wiki/hd-hyundai-heavy-industries.md)
- T2 HD Korea Shipbuilding & Offshore Engineering (https://valuechain.wiki/hd-korea-shipbuilding-offshore-engineering.md)

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Full node: https://valuechain.wiki/hanwha-ocean.md · JSON: https://valuechain.wiki/hanwha-ocean.json