Financials LG Electronics Inc.

Equities

A066570

KR7066570003

Household Electronics

End-of-day quote Korea S.E. Other stock markets 23/01/2026			5-day change	1st Jan Change
105,600.00 ^KRW	-0.56%		+7.32%	+14.91%

01-21	LG Electronics Launches New Air Conditioning Whisen Objet Collection	MT
01-20	InterDigital Signs Patent Licensing Deal With LG Electronics	MT

Projected Income Statement: LG Electronics Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	63,262	75,719	83,612	84,280	87,744	88,675	91,934	96,106
Change	-	19.69%	10.42%	0.8%	4.11%	1.06%	3.68%	4.54%
EBITDA ¹	5,838	6,811	6,536	6,757	6,953	6,195	6,845	7,257
Change	-	16.68%	-4.04%	3.38%	2.9%	-10.9%	10.49%	6.02%
EBIT ¹	3,195	3,848	3,488	3,548	3,430	2,647	3,383	3,874
Change	-	20.43%	-9.35%	1.73%	-3.33%	-22.84%	27.8%	14.51%
Interest Paid ²	-457,900	-117,900	-193,691	-140,200	-	-195,700	-183,220	-175,100
Earnings before Tax (EBT) ¹	2,456	3,476	2,396	1,870	1,336	2,212	2,972	3,561
Change	-	41.57%	-31.07%	-21.97%	-28.56%	65.6%	34.35%	19.81%
Net income ¹	1,968	1,032	1,196	712.9	367.5	1,533	1,741	2,181
Change	-	-47.58%	15.96%	-40.41%	-48.45%	317.09%	13.55%	25.29%
Announcement Date	28/01/21	27/01/22	27/01/23	08/01/24	08/01/25	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	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	2027 Q2	2027 Q3
Net sales ¹	18,781	18,810	17,114	18,787	21,009	21,111	19,472	21,171	21,858	20,418	19,999	20,714	23,157	21,096	21,701	22,177	22,778	22,700	20,740	21,875	23,438	23,010	21,867	22,900	23,874	23,697	21,611	23,234
Change	-	0.15%	-9.01%	9.77%	11.83%	0.49%	-7.77%	8.73%	3.24%	-6.59%	-2.05%	3.58%	11.79%	-8.9%	2.87%	2.19%	2.71%	-0.34%	-8.63%	5.47%	7.15%	-1.82%	-4.97%	4.72%	4.25%	-0.74%	-8.8%	7.51%
EBITDA ¹	1,326	2,250	1,855	1,268	1,438	2,610	1,519	1,489	865.4	2,268	1,523	1,788	1,179	2,181	2,045	1,689	1,038	2,117	1,569	1,586	948.1	2,017	1,768	1,688	1,273	2,165	1,703	1,583
Change	-	69.65%	-17.55%	-31.67%	13.41%	81.54%	-41.79%	-1.98%	-41.89%	162.08%	-32.87%	17.41%	-34.05%	85.02%	-6.26%	-17.42%	-38.52%	103.88%	-25.88%	1.06%	-40.2%	112.71%	-12.33%	-4.55%	-24.56%	70.04%	-21.32%	-7.09%
EBIT ¹	650.2	1,517	1,113	540.7	677.7	1,880	791.7	746.6	69.3	1,497	892.7	996.7	312.5	1,335	1,196	751.1	146.1	1,300	639.1	688.9	22.16	1,249	915.8	881	368.9	1,326	961.4	898.9
Change	-	133.25%	-26.63%	-51.41%	25.34%	177.48%	-57.9%	-5.7%	-90.72%	2,060.75%	-40.38%	11.65%	-68.65%	327.33%	-10.43%	-37.2%	-80.55%	789.8%	-50.84%	7.79%	-96.78%	5,539.45%	-26.7%	-3.8%	-58.13%	259.46%	-27.51%	-6.5%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	146.7	1,494	1,305	630.9	46.9	1,923	604.2	436	-566.3	933.7	386.2	649	-99	978.4	896.6	534.9	-1,095	1,118	761.5	567.4	-86.3	1,234	718.7	812.2	317.7	1,293	815.3	747.4
Change	-	918.13%	-12.63%	-51.66%	-92.57%	3,999.36%	-68.58%	-27.84%	-229.89%	264.88%	-58.64%	68.05%	-115.25%	1,088.28%	-8.36%	-40.34%	-304.79%	202.07%	-31.89%	-25.49%	-115.21%	1,530.26%	-41.77%	13%	-60.88%	307.1%	-36.96%	-8.33%
Net income ¹	260.3	998.3	-390.1	384.9	38.6	1,227	193	122.7	-346	471.3	162.1	385.4	-305.9	474.8	559	48.6	-714.9	799	604.7	385.1	-237.4	673	422.9	479.5	151.5	854.7	516.7	496.5
Change	-	283.52%	-139.08%	198.67%	-89.97%	3,077.72%	-84.26%	-36.42%	-381.92%	236.21%	-65.61%	137.75%	-179.37%	255.21%	17.73%	-91.31%	-1,570.99%	211.76%	-24.32%	-36.32%	-161.65%	383.47%	-37.15%	13.37%	-68.4%	464.06%	-39.55%	-3.9%
Announcement Date	28/01/21	29/04/21	29/07/21	28/10/21	27/01/22	28/04/22	07/07/22	07/10/22	27/01/23	07/04/23	07/07/23	10/10/23	08/01/24	25/04/24	05/07/24	08/10/24	08/01/25	07/04/25	07/07/25	13/10/25	-	-	-	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: LG Electronics Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	4,890	4,830	4,723	4,833	7,669	6,206	5,550	4,798
Change	-	-1.23%	-2.22%	2.33%	58.68%	-19.08%	-10.57%	-13.55%
Announcement Date	28/01/21	27/01/22	27/01/23	08/01/24	08/01/25	-	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: LG Electronics Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	2,121	2,818	3,753	4,138	3,183	2,829	3,059	3,168
Change	-	32.84%	33.18%	10.25%	-23.07%	-11.12%	8.13%	3.54%
Free Cash Flow (FCF) ¹	2,507,279	29,317	-8,978	1,775,988	810,650	2,416,200	2,610,443	2,941,933
Change	-	-98.83%	-130.62%	19,881.55%	-54.35%	198.06%	8.04%	12.7%
Announcement Date	28/01/21	27/01/22	27/01/23	08/01/24	08/01/25	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: LG Electronics Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	9.23%	9%	7.82%	8.02%	7.92%	6.99%	7.45%	7.55%
EBIT Margin (%)	5.05%	5.08%	4.17%	4.21%	3.91%	2.98%	3.68%	4.03%
EBT Margin (%)	3.88%	4.59%	2.87%	2.22%	1.52%	2.49%	3.23%	3.7%
Net margin (%)	3.11%	1.36%	1.43%	0.85%	0.42%	1.73%	1.89%	2.27%
FCF margin (%)	3,963.33%	38.72%	-10.74%	2,107.24%	923.88%	2,724.78%	2,839.46%	3,061.14%
FCF / Net Income (%)	127,382.97%	2,841.62%	-750.42%	249,121.62%	220,585.03%	157,631.89%	149,976%	134,904.81%
Profitability
ROA	4.44%	2.03%	2.2%	1.23%	1.03%	2.55%	3.01%	3.73%
ROE	12.15%	5.48%	8.75%	5%	2.67%	6.72%	7.48%	8.56%
Financial Health
Leverage (Debt/EBITDA)	0.84x	0.71x	0.72x	0.72x	1.1x	1x	0.81x	0.66x
Debt / Free cash flow	0x	0.16x	-0.53x	0x	0.01x	0x	0x	0x
Capital Intensity
CAPEX / Current Assets (%)	3.35%	3.72%	4.49%	4.91%	3.63%	3.19%	3.33%	3.3%
CAPEX / EBITDA (%)	36.34%	41.37%	57.41%	61.23%	45.78%	45.67%	44.7%	43.65%
CAPEX / FCF (%)	0.08%	9.61%	-41.8%	0.23%	0.39%	0.12%	0.12%	0.11%
Items per share
Cash flow per share ¹	25,693	14,857	19,080	36,305	21,340	25,168	28,169	30,063
Change	-	-42.17%	28.43%	90.28%	-41.22%	17.94%	11.92%	6.72%
Dividend per Share ¹	1,200	850	700	800	1,000	1,359	1,610	1,798
Change	-	-29.17%	-17.65%	14.29%	25%	35.91%	18.43%	11.72%
Book Value Per Share ¹	94,776	105,784	116,599	120,728	128,893	126,875	134,817	146,777
Change	-	11.62%	10.22%	3.54%	6.76%	-1.57%	6.26%	8.87%
EPS ¹	10,926	5,725	6,640	3,954	2,036	8,594	9,725	12,121
Change	-	-47.6%	15.98%	-40.45%	-48.51%	322.13%	13.15%	24.64%
Nbr of stocks (in thousands)	180,066	180,066	180,066	180,066	180,066	180,066	180,066	180,066
Announcement Date	28/01/21	27/01/22	27/01/23	08/01/24	08/01/25	-	-	-