LG Chem, Ltd. (KRX: 051910)

LG Chem Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	50,538,732	55,249,785	50,983,251	42,599,284	30,058,872	27,353,078
Revenue Growth (YoY)	-10.17%	8.37%	19.68%	41.72%	9.89%	-2.94%
Cost of Revenue	42,689,157	46,462,272	41,121,055	31,384,656	23,741,385	22,666,206
Gross Profit	7,849,575	8,787,513	9,862,196	11,214,628	6,317,487	4,686,872
Selling, General & Admin	5,898,088	5,776,792	5,995,898	5,520,270	3,967,696	3,365,434
Research & Development	536,357	474,555	375,702	255,142	217,778	236,308
Other Operating Expenses	-676,874	-676,874	-	-	-	-
Operating Expenses	6,496,769	6,258,317	6,882,842	6,188,258	4,512,128	3,861,457
Operating Income	1,352,806	2,529,196	2,979,354	5,026,370	1,805,359	825,415
Interest Expense	-804,904	-647,232	-298,308	-210,982	-198,155	-203,169
Interest & Investment Income	388,669	341,489	254,435	83,034	36,213	50,513
Earnings From Equity Investments	-34,255	-33,311	-46,215	1,543	321,423	22,211
Currency Exchange Gain (Loss)	-145,009	466,047	-163,741	42,647	-370,720	1,476
Other Non Operating Income (Expenses)	946,972	79,772	11,730	240,879	-360,138	30,004
EBT Excluding Unusual Items	1,704,279	2,735,961	2,737,255	5,183,491	1,233,982	726,450
Gain (Loss) on Sale of Investments	-	-	-	-	-	599
Gain (Loss) on Sale of Assets	-76,786	-40,987	-56,350	-25,898	-78,983	-33,623
Asset Writedown	-324,022	-204,288	-37,079	-328,211	-212,448	-118,983
Other Unusual Items	-8,181	-8,181	2,884	-	-	-
Pretax Income	1,304,607	2,498,140	2,778,292	4,892,030	951,597	574,443
Income Tax Expense	232,325	432,501	637,124	1,235,779	367,839	169,181
Earnings From Continuing Operations	1,072,282	2,065,639	2,141,168	3,656,251	583,758	405,262
Earnings From Discontinued Operations	45,035	-9,952	57,428	297,653	98,650	-29,158
Net Income to Company	1,117,317	2,055,687	2,198,596	3,953,904	682,408	376,104
Minority Interest in Earnings	-958,671	-717,875	-353,233	-284,117	-169,774	-62,739
Net Income	158,646	1,337,812	1,845,363	3,669,787	512,634	313,365
Net Income to Common	176,326	1,337,812	1,845,363	3,669,787	512,634	313,365
Net Income Growth	-89.40%	-27.50%	-49.71%	615.87%	63.59%	-78.72%
Shares Outstanding (Basic)	78	78	78	78	77	77
Shares Outstanding (Diluted)	78	78	78	78	77	78
Shares Change (YoY)	0.19%	0.42%	0.07%	1.36%	-1.34%	0.48%
EPS (Basic)	2252.64	17091.16	23675.25	47113.25	6670.62	4090.27
EPS (Diluted)	2252.64	17091.16	23675.25	47113.25	6670.62	3880.07
EPS Growth	-88.24%	-27.81%	-49.75%	606.28%	71.92%	-79.64%
Free Cash Flow	-7,192,083	-5,423,429	-7,836,408	-263,777	305,041	-3,117,102
Free Cash Flow Per Share	-91882.13	-69286.77	-100537.88	-3386.41	3969.33	-40015.64
Dividend Per Share	3500.000	3500.000	10000.000	12000.000	10000.000	2000.000
Dividend Growth	-65.00%	-65.00%	-16.67%	20.00%	400.00%	-66.67%
Gross Margin	15.53%	15.90%	19.34%	26.33%	21.02%	17.13%
Operating Margin	2.68%	4.58%	5.84%	11.80%	6.01%	3.02%
Profit Margin	0.35%	2.42%	3.62%	8.61%	1.71%	1.15%
Free Cash Flow Margin	-14.23%	-9.82%	-15.37%	-0.62%	1.01%	-11.40%
EBITDA	5,538,496	6,443,056	6,329,039	7,867,278	4,116,318	2,624,968
EBITDA Margin	10.96%	11.66%	12.41%	18.47%	13.69%	9.60%
D&A For EBITDA	4,185,690	3,913,860	3,349,685	2,840,908	2,310,959	1,799,553
EBIT	1,352,806	2,529,196	2,979,354	5,026,370	1,805,359	825,415
EBIT Margin	2.68%	4.58%	5.84%	11.80%	6.01%	3.02%
Effective Tax Rate	17.81%	17.31%	22.93%	25.26%	38.65%	29.45%
Advertising Expenses	-	78,480	49,546	39,055	27,413	39,422

Source: S&P Capital IQ. Standard template. Financial Sources.