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    A373220   KR7373220003

LG ENERGY SOLUTION, LTD.

(A373220)
  Report
End-of-day quote Korea Stock Exchange  -  2022-11-24
571000.00 KRW   +0.53%
01:45aHyundai Motor, LG Energy In Talks To Build Two Battery Factories In US
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11/27Hyundai Motor, LGES consider building two JV battery plants in U.S. -report
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11/27South Korean shares fall 1% as China COVID worries deepen
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LG Energy Solution to Present Next Generation Home Battery in First Quarter 2023

09/20/2022 | 11:00am EST

LG Energy Solution, Ltd. announced its plan to launch a next-generation home battery in the first quarter of 2023. Building upon LG Energy Solution's long-standing expertise on modular design, the new planned addition to the product lineup of home batteries will offer a capacity of 10.6-35.4 kWh, depending on the number of battery modules installed. Specifically, a single storage system with 3 modules delivers 10.6 kWh, which can be expanded up to 5 modules to offer a capacity of 17.7 kWh.

The maximum capacity of 35.4 kWh can be achieved by installing 2 systems with 5 modules per system. LG Energy Solution expects that this new generation of home batteries, customized easily for each site by selecting the number of modules, will satisfy the growing needs of homeowners for higher capacity and wider range of residential applications, such as using the power as a home back-up solution or charging electric vehicles. The enhanced modular design also allows both installers and homeowners easier installation with reduced cost and time, regardless of the housing environment and space constraints.

The new battery requires only a few minutes input by 1 installer, the use of boltless structure & plug-and-play connector. It is also equipped with additional safety improvements, which allows it to satisfy all UL9540A requirements for both indoor and outdoor installations. In addition, LG Energy Solution is developing an inverter solution for the next-generation home battery, to grant more efficient energy output and better financial returns for homeowners who invest in the new system.


ę S&P Capital IQ 2022
All news about LG ENERGY SOLUTION, LTD.
01:45aHyundai Motor, LG Energy In Talks To Build Two Battery Factories In US
MT
11/27Hyundai Motor, LGES consider building two JV battery plants in U.S. -report
RE
11/27South Korean shares fall 1% as China COVID worries deepen
RE
11/24South Korean shares fall, set for second weekly decline
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11/23South Korean shares rise on slower rate hike hopes
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11/23Workers to decide whether to unionize Ohio GM-LG battery joint venture
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11/23South Korean shares rebound from two-week low on upbeat Wall Street
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11/22South Korean shares rise on Wall Street, platform stocks boost
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11/21South Korean shares extend losses on China COVID worries
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11/21LG Chem to invest over $3 billion to build U.S. battery cathode plant
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Analyst Recommendations on LG ENERGY SOLUTION, LTD.
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Financials
Sales 2022 24 937 B 18,7 B 18,7 B
Net income 2022 887 B 0,66 B 0,66 B
Net cash 2022 104 B 0,08 B 0,08 B
P/E ratio 2022 150x
Yield 2022 -
Capitalization 133 614 B 100 B 100 B
EV / Sales 2022 5,35x
EV / Sales 2023 3,96x
Nbr of Employees 9 926
Free-Float 14,7%
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Technical analysis trends LG ENERGY SOLUTION, LTD.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 31
Last Close Price 571 000,00 KRW
Average target price 608 451,61 KRW
Spread / Average Target 6,56%
EPS Revisions
Managers and Directors
Young-Soo Kwon Chairman & Chief Executive Officer
Sang-Hyeon Lee Managing Director & Head-Finance
Young-Joon Shin Chief Technology Officer
Mi-Nam Shin Independent Director
Mi-Suk Yeo Independent Director
Sector and Competitors