Financials LX International Corp.

Equities

A001120

KR7001120005

Diversified Industrial Goods Wholesale

End-of-day quote Korea S.E. Other stock markets 13/02/2026			5-day change	1st Jan Change
45,600.00 ^KRW	+1.22%		+11.49%	+40.31%

01-30	LX International Q4 operating profit 55.5 billion won, down 41% from year earlier	RE
09/09/25	Dangjin Tank Terminal Co., Ltd. announced that it expects to receive KRW 1.6 billion in funding from LX International Corp.	CI

Projected Income Statement: LX International Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	11,283	16,686	18,760	14,514	16,638	16,706	17,454	17,920
Change	-	47.9%	12.42%	-22.63%	14.63%	0.41%	4.48%	2.67%
EBITDA ¹	323.5	843.5	1,198	746.7	852.9	694.7	770.8	808.2
Change	-	160.76%	42.03%	-37.67%	14.23%	-18.55%	10.96%	4.85%
EBIT ¹	159.8	656.2	965.5	433.1	489.2	292.2	354.6	394.4
Change	-	310.55%	47.14%	-55.14%	12.95%	-40.27%	21.34%	11.23%
Interest Paid ²	-66,033	-16,619	-23,019	-99,500	-105,561	-124,933	-109,280	-103,600
Earnings before Tax (EBT) ¹	455.9	734.7	1,133	342.8	460.4	202.8	348.3	393.5
Change	-	61.17%	54.24%	-69.75%	34.31%	-55.94%	71.72%	12.97%
Net income ¹	297.6	350.1	515.2	117.1	175.7	158.3	233.5	265.5
Change	-	17.65%	47.16%	-77.27%	50.04%	-9.92%	47.52%	13.73%
Announcement Date	29/01/21	28/01/22	07/02/23	25/01/24	21/01/25	20/01/26	-	-

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
Net sales ¹	3,370	3,685	3,956	4,495	4,551	4,918	5,020	4,709	4,112	3,700	3,440	3,659	3,715	3,776	4,074	4,560	4,228	4,048	3,830	4,508	4,156	4,110	4,170	4,703	4,520
Change	-	9.34%	7.35%	13.62%	1.24%	8.08%	2.07%	-6.19%	-12.68%	-10.02%	-7.01%	6.37%	1.51%	1.65%	7.88%	11.95%	-7.3%	-4.24%	-5.39%	17.69%	-7.81%	-1.11%	1.47%	12.77%	-3.87%
EBITDA	88.93	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	44.75	113.3	125.8	209.6	207.6	245.7	289.4	272.6	157.9	161.7	129.2	63.6	78.5	110.7	129.6	154.7	94.2	116.9	55	64.8	63.07	85.86	78.9	94.96	100.1
Change	-	153.17%	11.03%	66.61%	-0.95%	18.35%	17.79%	-5.81%	-42.09%	2.42%	-20.1%	-50.77%	23.43%	41.02%	17.07%	19.37%	-39.11%	24.1%	-52.95%	17.82%	-2.67%	36.14%	-8.11%	20.35%	5.43%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	21.8	130.8	152	240.4	211.5	301.6	332	267	232.5	212.4	110.8	76.7	-57.1	130.2	170.9	171.8	-12.6	117.4	64.6	60.4	57.5	77.48	78.5	91.82	93.72
Change	-	500.03%	16.21%	58.16%	-12.02%	42.6%	10.08%	-19.58%	-12.91%	-8.66%	-47.83%	-30.78%	-174.45%	328.02%	31.26%	0.53%	-107.33%	1,031.57%	-44.96%	-6.5%	-4.8%	34.74%	1.32%	16.97%	2.07%
Net income ¹	10.88	61.1	76.2	120.5	92.2	154.4	157	188.5	15.42	125.3	40.9	37.8	-87	80.2	90.3	85	-79.9	100	52.6	42.6	40.85	62.1	56.83	62.87	58.47
Change	-	461.72%	24.71%	58.14%	-23.49%	67.46%	1.68%	20.06%	-91.82%	712.34%	-67.36%	-7.58%	-330.16%	192.18%	12.59%	-5.87%	-194%	225.16%	-47.4%	-19.01%	-4.11%	52.02%	-8.48%	10.62%	-7%
Announcement Date	29/01/21	30/04/21	30/07/21	05/11/21	28/01/22	28/04/22	29/07/22	28/10/22	07/02/23	28/04/23	28/07/23	07/11/23	25/01/24	30/04/24	02/08/24	31/10/24	21/01/25	30/04/25	01/08/25	05/11/25	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: LX International Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	655	723	379	398	498	1,476	1,552	1,389
Change	-	10.38%	-47.58%	5.01%	25.13%	196.3%	5.15%	-10.5%
Announcement Date	29/01/21	28/01/22	07/02/23	25/01/24	21/01/25	20/01/26	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: LX International Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	44.19	71.79	133.3	97.3	106.6	489.9	487.1	324.3
Change	-	62.45%	85.69%	-27.01%	9.53%	359.63%	-0.56%	-33.43%
Free Cash Flow (FCF) ¹	210,593	103,800	1,089,578	441,036	617,172	189,500	218,925	253,225
Change	-	-50.71%	949.69%	-59.52%	39.94%	-69.3%	15.53%	15.67%
Announcement Date	29/01/21	28/01/22	07/02/23	25/01/24	21/01/25	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: LX International Corp.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	2.87%	5.05%	6.39%	5.14%	5.13%	4.19%	4.42%	4.51%
EBIT Margin (%)	1.42%	3.93%	5.15%	2.98%	2.94%	1.75%	2.03%	2.2%
EBT Margin (%)	4.04%	4.4%	6.04%	2.36%	2.77%	1.21%	2%	2.2%
Net margin (%)	2.64%	2.1%	2.75%	0.81%	1.06%	0.95%	1.34%	1.48%
FCF margin (%)	1,866.52%	622.06%	5,808.13%	3,038.62%	3,709.51%	1,144.08%	1,254.27%	1,413.12%
FCF / Net Income (%)	70,766.91%	29,648.64%	211,476.68%	376,632.32%	351,264.46%	79,404.99%	93,771.41%	95,370.66%
Profitability
ROA	7.04%	5.77%	7.12%	3.72%	2.08%	2.8%	2.7%	2.88%
ROE	21.87%	22.49%	28.75%	6.33%	8.43%	4.62%	8.18%	8.62%
Financial Health
Leverage (Debt/EBITDA)	2.02x	0.86x	0.32x	0.53x	0.58x	2.13x	2.01x	1.72x
Debt / Free cash flow	0x	0.01x	0x	0x	0x	0.01x	0.01x	0.01x
Capital Intensity
CAPEX / Current Assets (%)	0.39%	0.43%	0.71%	0.67%	0.64%	2.96%	2.79%	1.81%
CAPEX / EBITDA (%)	13.66%	8.51%	11.13%	13.03%	12.5%	70.52%	63.2%	40.13%
CAPEX / FCF (%)	0.02%	0.07%	0.01%	0.02%	0.02%	0.26%	0.22%	0.13%
Items per share
Cash flow per share ¹	6,791	4,882	33,999	14,967	20,122	16,646	16,037	16,007
Change	-	-28.11%	596.45%	-55.98%	34.44%	-17.28%	-3.66%	-0.19%
Dividend per Share ¹	400	2,300	2,300	3,000	1,200	2,000	2,100	2,167
Change	-	475%	0%	30.43%	-60%	66.67%	5%	3.17%
Book Value Per Share ¹	37,205	49,349	58,338	58,338	68,634	71,084	72,090	77,776
Change	-	32.64%	18.22%	-0%	17.65%	3.57%	1.42%	7.89%
EPS ¹	7,932	9,733	14,325	3,255	4,885	6,073	5,989	6,823
Change	-	22.71%	47.18%	-77.28%	50.08%	24.32%	-1.39%	13.94%
Nbr of stocks (in thousands)	36,666	35,968	35,968	35,968	35,968	35,968	35,968	35,968
Announcement Date	29/01/21	28/01/22	07/02/23	25/01/24	21/01/25	-	-	-