Financials LG Chem, Ltd.

Equities

A051910

KR7051910008

Commodity Chemicals

End-of-day quote Korea S.E. Other stock markets 19/06/2025			5-day change	1st Jan Change
206,000.00 ^KRW	-0.72%		-1.20%	-17.60%

06-16	LG Chem Sells Korea Water Solution Unit for KRW1.4 Trillion	MT
06-16	LG Chem, Japan's Noritake Develop Silver Paste for Automotive Power Chips; LG Chem Shares Decline 3%	MT

Projected Income Statement: LG Chem, Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	30,057	42,655	51,865	55,250	48,916	49,772	57,234	64,001
Change	-	41.91%	21.59%	6.53%	-11.46%	1.75%	14.99%	11.82%
EBITDA ¹	4,665	7,866	6,392	6,487	5,589	7,657	10,726	13,322
Change	-	68.63%	-18.75%	1.49%	-13.84%	37.01%	40.08%	24.2%
EBIT ¹	2,353	5,025	2,996	2,529	916.8	1,958	4,571	7,098
Change	-	113.56%	-40.39%	-15.57%	-63.75%	113.58%	133.42%	55.3%
Interest Paid ²	-692,117	-135,257	-37,780	-330,385	-601,230	-617,857	-614,667	-868,950
Earnings before Tax (EBT) ¹	1,503	4,891	2,813	2,498	-268.1	1,428	4,096	6,736
Change	-	225.34%	-42.49%	-11.18%	-110.73%	632.9%	186.75%	64.44%
Net income ¹	916.9	3,670	1,845	1,338	-690.9	586	1,818	2,993
Change	-	300.26%	-49.71%	-27.5%	-151.64%	184.82%	210.3%	64.6%
Announcement Date	27/01/21	08/02/22	31/01/23	19/01/24	20/01/25	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	6,935	7,507	8,886	9,650	11,456	10,610	10,949	11,608	12,240	14,178	13,852	14,486	14,542	13,495	13,135	11,609	12,300	12,670	12,337	12,171	12,033	12,869	13,349	14,912	14,981	15,181	15,438	16,452
Change	-	8.25%	18.36%	8.6%	18.72%	-7.38%	3.19%	6.02%	5.44%	15.83%	-2.29%	4.58%	0.38%	-7.2%	-2.67%	-11.61%	5.95%	3.01%	-2.63%	-1.34%	-1.13%	6.95%	3.73%	11.71%	0.47%	1.33%	1.7%	6.57%
EBITDA ¹	1,130	1,487	1,310	2,036	2,828	1,466	1,534	-	1,697	1,777	1,099	-	1,597	1,860	1,309	1,342	1,562	1,649	1,027	-	1,037	1,037	1,037	2,965	2,991	2,981	3,035	3,292
Change	-	31.57%	-11.89%	55.41%	38.9%	-48.16%	4.65%	-	-	4.7%	-38.14%	-	-	16.47%	-29.61%	2.47%	16.42%	5.57%	-37.72%	-	-	0%	0%	185.84%	0.86%	-0.32%	1.79%	8.47%
EBIT ¹	572	902.1	673.6	1,408	2,231	726.6	748.4	1,024	878.5	901.2	191.3	791	615.6	860.4	247.4	264.6	405.9	498.4	-252	447	351.6	570.1	670.4	1,211	1,237	1,227	1,281	1,565
Change	-	57.71%	-25.33%	109.05%	58.42%	-67.43%	3%	36.86%	-14.24%	2.59%	-78.77%	313.54%	-22.18%	39.78%	-71.24%	6.95%	53.37%	22.79%	-150.58%	277.34%	-21.33%	62.13%	17.59%	80.66%	2.11%	-0.77%	4.36%	22.18%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	470	707.6	168	1,427	2,302	737.5	511.7	1,024	942.8	925.8	-79.33	916	780.5	576.2	217.8	323.3	187.3	378.3	-1,157	443.9	225.9	429.3	438.6	-	-	-	-	-
Change	-	50.56%	-76.26%	749.2%	61.38%	-67.97%	-30.61%	100.02%	-7.89%	-1.8%	-108.57%	1,254.72%	-14.8%	-26.17%	-62.2%	48.44%	-42.08%	102.02%	-405.82%	138.37%	-49.11%	90.05%	2.17%	-	-	-	-	-
Net income ¹	382.3	512.3	1.21	1,307	1,556	610.1	262.7	688.2	659.3	614.4	-116.5	474.2	524.9	420.2	-81.44	136.7	-316.9	544.7	-1,055	-107.6	-106.1	83.79	236.6	484.5	503.7	496.6	536.6	606.9
Change	-	34.02%	-99.76%	107,891.9%	19.1%	-60.79%	-56.95%	161.98%	-4.19%	-6.82%	-118.97%	506.93%	10.69%	-19.94%	-119.38%	267.89%	-331.75%	271.91%	-293.76%	89.81%	1.36%	178.97%	182.37%	104.79%	3.95%	-1.41%	8.05%	13.11%
Announcement Date	30/07/20	12/10/20	27/01/21	28/04/21	29/07/21	25/10/21	08/02/22	27/04/22	27/07/22	31/10/22	31/01/23	26/04/23	27/07/23	30/10/23	19/01/24	30/04/24	24/07/24	28/10/24	20/01/25	30/04/25	-	-	-	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: LG Chem, Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	6,912	11,005	7,467	12,843	19,308	22,178	22,725	20,618
Change	-	59.22%	-32.15%	72%	50.34%	14.86%	2.47%	-9.27%
Announcement Date	27/01/21	08/02/22	31/01/23	19/01/24	20/01/25	-	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: LG Chem, Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	5,300	5,774	8,406	12,960	14,615	10,768	8,867	8,232
Change	-	8.94%	45.6%	54.17%	12.77%	-26.32%	-17.66%	-7.16%
Free Cash Flow (FCF) ¹	305,041	-263,777	-7,836,408	-5,423,429	-7,602,524	-5,683,600	-1,738,286	1,170,785
Change	-	-186.47%	-2,870.85%	30.79%	-40.18%	25.24%	69.42%	167.35%
Announcement Date	27/01/21	08/02/22	31/01/23	19/01/24	20/01/25	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: LG Chem, Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	15.52%	18.44%	12.32%	11.74%	11.43%	15.39%	18.74%	20.82%
EBIT Margin (%)	7.83%	11.78%	5.78%	4.58%	1.87%	3.93%	7.99%	11.09%
EBT Margin (%)	5%	11.47%	5.42%	4.52%	-0.55%	2.87%	7.16%	10.52%
Net margin (%)	3.05%	8.6%	3.56%	2.42%	-1.41%	1.18%	3.18%	4.68%
FCF margin (%)	1,014.86%	-618.4%	-15,109.27%	-9,816.2%	-15,541.97%	-11,419.34%	-3,037.14%	1,829.32%
FCF / Net Income (%)	33,270.36%	-7,187.8%	-424,654.01%	-405,395.45%	1,100,453.06%	-969,896.44%	-95,595.05%	39,116.84%
Profitability
ROA	2.88%	7.9%	3.1%	1.84%	0.6%	1.19%	3.01%	4.4%
ROE	5.94%	18.83%	7.24%	5.24%	-2.11%	1.73%	5.59%	8.33%
Financial Health
Leverage (Debt/EBITDA)	1.48x	1.4x	1.17x	1.98x	3.45x	2.9x	2.12x	1.55x
Debt / Free cash flow	0.02x	-0.04x	-0x	-0x	-0x	-0x	-0.01x	0.02x
Capital Intensity
CAPEX / Current Assets (%)	17.63%	13.54%	16.21%	23.46%	29.88%	21.64%	15.49%	12.86%
CAPEX / EBITDA (%)	113.61%	73.4%	131.52%	199.79%	261.49%	140.63%	82.66%	61.79%
CAPEX / FCF (%)	1.74%	-2.19%	-0.11%	-0.24%	-0.19%	-0.19%	-0.51%	0.7%
Items per share
Cash flow per share ¹	76,003	78,467	8,111	96,274	89,586	95,616	114,223	164,982
Change	-	3.24%	-89.66%	1,086.99%	-6.95%	6.73%	19.46%	44.44%
Dividend per Share ¹	10,000	12,000	10,000	3,500	1,000	1,364	3,582	5,518
Change	-	20%	-16.67%	-65%	-71.43%	36.45%	162.5%	54.06%
Book Value Per Share ¹	235,644	308,946	447,618	456,035	471,498	438,341	467,339	514,862
Change	-	31.11%	44.89%	1.88%	3.39%	-7.03%	6.62%	10.17%
EPS ¹	11,926	47,108	23,670	17,086	-8,826	9,997	24,487	40,811
Change	-	295%	-49.75%	-27.82%	-151.66%	213.26%	144.95%	66.67%
Nbr of stocks (in thousands)	77,086	77,891	77,908	78,275	78,275	78,275	78,275	78,275
Announcement Date	27/01/21	08/02/22	31/01/23	19/01/24	20/01/25	-	-	-