Financials LG Electronics Inc.

Equities

A066570

KR7066570003

Household Electronics

End-of-day quote Korea S.E. Other stock markets 2025-06-20			5-day change	1st Jan Change
74,000.00 ^KRW	+1.23%		-1.60%	-11.38%

Jun. 20	LG Electronics Canada Announces Canadian Pricing and Availability of 2025 TV Lineup	CI
Jun. 19	LG Electronics Reportedly to Consider Resuming IPO of Indian unit	CI

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	90,311	94,038	99,555
Change	-	19.69%	10.42%	0.8%	4.11%	2.93%	4.13%	5.87%
EBITDA ¹	5,838	6,811	6,536	6,757	6,953	6,937	7,370	7,745
Change	-	16.68%	-4.04%	3.38%	2.9%	-0.22%	6.25%	5.08%
EBIT ¹	3,195	3,848	3,488	3,548	3,430	3,462	4,028	4,564
Change	-	20.43%	-9.35%	1.73%	-3.33%	0.93%	16.33%	13.31%
Interest Paid ²	-457,900	-117,900	-193,691	-140,200	-	-173,175	-143,767	-123,000
Earnings before Tax (EBT) ¹	2,456	3,476	2,396	1,870	1,336	2,378	3,457	3,767
Change	-	41.57%	-31.07%	-21.97%	-28.56%	78.05%	45.34%	8.96%
Net income ¹	1,968	1,032	1,196	712.9	367.5	1,494	1,925	2,165
Change	-	-47.58%	15.96%	-40.41%	-48.45%	306.42%	28.87%	12.49%
Announcement Date	1/28/21	1/27/22	1/27/23	1/8/24	1/8/25	-	-	-

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	12,834	16,920	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	21,899	22,683	23,305	23,248	22,449	23,273	24,225	25,033
Change	-	31.84%	11%	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%	-3.53%	3.58%	2.74%	-0.25%	-3.44%	3.67%	4.09%	3.33%
EBITDA ¹	1,150	1,624	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	1,667	1,574	1,101	2,112	1,871	1,626	1,302	2,195
Change	-	41.24%	-18.32%	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%	-21.24%	-5.59%	-30.03%	91.82%	-11.41%	-13.12%	-19.89%	68.53%
EBIT ¹	495.4	959	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	981.4	822.5	380.5	1,422	1,081	871.4	371.6	1,335
Change	-	93.58%	-32.2%	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%	-24.51%	-16.19%	-53.74%	273.66%	-23.99%	-19.37%	-57.36%	259.33%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	147.9	771.6	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	679.3	666.8	334.6	1,229	910.6	759.7	493.3	1,212
Change	-	421.7%	-80.99%	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%	-39.24%	-1.84%	-49.82%	267.19%	-25.88%	-16.56%	-35.07%	145.63%
Net income ¹	56.5	626.1	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	418.5	350.1	-75.74	795.5	563.6	435.5	32.42	873.9
Change	-	1,008.14%	-58.43%	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%	-47.63%	-16.32%	-121.63%	1,150.34%	-29.15%	-22.73%	-92.56%	2,595.66%
Announcement Date	7/30/20	10/30/20	1/28/21	4/29/21	7/29/21	10/28/21	1/27/22	4/28/22	7/7/22	10/7/22	1/27/23	4/7/23	7/7/23	10/10/23	1/8/24	4/25/24	7/5/24	10/8/24	1/8/25	4/7/25	-	-	-	-	-	-	-	-

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	6,023	2,955	4,756
Change	-	-1.23%	-2.22%	2.33%	58.68%	-21.47%	-50.94%	60.95%
Announcement Date	1/28/21	1/27/22	1/27/23	1/8/24	1/8/25	-	-	-

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	3,074	3,188	3,447
Change	-	32.84%	33.18%	10.25%	-23.07%	-3.44%	3.73%	8.11%
Free Cash Flow (FCF) ¹	2,507,279	29,317	-8,978	1,775,988	810,650	2,914,217	3,555,871	3,182,050
Change	-	-98.83%	-130.62%	19,881.55%	-54.35%	259.49%	22.02%	-10.51%
Announcement Date	1/28/21	1/27/22	1/27/23	1/8/24	1/8/25	-	-	-

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%	7.68%	7.84%	7.78%
EBIT Margin (%)	5.05%	5.08%	4.17%	4.21%	3.91%	3.83%	4.28%	4.58%
EBT Margin (%)	3.88%	4.59%	2.87%	2.22%	1.52%	2.63%	3.68%	3.78%
Net margin (%)	3.11%	1.36%	1.43%	0.85%	0.42%	1.65%	2.05%	2.17%
FCF margin (%)	3,963.33%	38.72%	-10.74%	2,107.24%	923.88%	3,226.87%	3,781.32%	3,196.27%
FCF / Net Income (%)	127,382.97%	2,841.62%	-750.42%	249,121.62%	220,585.03%	195,113.42%	184,741.3%	146,957.61%
Profitability
ROA	4.44%	2.03%	2.2%	1.23%	1.03%	2.46%	3.06%	3.29%
ROE	12.15%	5.48%	8.75%	5%	2.67%	6.94%	8.14%	8.22%
Financial Health
Leverage (Debt/EBITDA)	0.84x	0.71x	0.72x	0.72x	1.1x	0.87x	0.4x	0.61x
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%	3.4%	3.39%	3.46%
CAPEX / EBITDA (%)	36.34%	41.37%	57.41%	61.23%	45.78%	44.31%	43.26%	44.5%
CAPEX / FCF (%)	0.08%	9.61%	-41.8%	0.23%	0.39%	0.11%	0.09%	0.11%
Items per share
Cash flow per share ¹	25,693	14,857	19,080	36,305	21,340	28,554	32,418	34,079
Change	-	-42.17%	28.43%	90.28%	-41.22%	33.8%	13.53%	5.13%
Dividend per Share ¹	1,200	850	700	800	1,000	1,303	1,619	1,683
Change	-	-29.17%	-17.65%	14.29%	25%	30.35%	24.21%	3.96%
Book Value Per Share ¹	94,776	105,784	116,599	120,728	128,893	126,509	136,384	148,460
Change	-	11.62%	10.22%	3.54%	6.76%	-1.85%	7.81%	8.85%
EPS ¹	10,926	5,725	6,640	3,954	2,036	8,762	11,144	11,849
Change	-	-47.6%	15.98%	-40.45%	-48.51%	330.35%	27.19%	6.33%
Nbr of stocks (in thousands)	180,066	180,066	180,066	180,066	180,066	180,066	180,066	180,066
Announcement Date	1/28/21	1/27/22	1/27/23	1/8/24	1/8/25	-	-	-