Lg Display Co., Ltd · KRX:034220
Lg Display — Q4 2022 Earnings Presentation
11 slides from Lg Display's earnings presentation, Jan 27, 2023
Slide 1: 2022 4Q Earnings Results
2022 4Q Earnings Results January 27, 2023 I Investor Relations
Slide 2: Disclaimer
You Dream, Disclaimer We Display, At the time, the external auditor has not yet completed its review of LG Display’s 4Q 2022 earnings report. The following is provided for the convenience of our investors and the contents herein are subject to change during the audit review process of the external a
Slide 3: CFO Highlights
CFO Highlights 01 01 02 02 03 03 03
Slide 4: Revenues & Profits
Revenues & Profits (Unit : KRW Bn, %) Details Environment Revenues 8,807 6,771 7,302 8% -17% 01 Operating 476 -759 -876 N/A N/A Income 5% -11% -12% 02 EBITDA* 1,645 391 209 -47% -87% 19% 6% 3% Major Issues Income 236 -1,099 -1,860 N/A N/A TV/IT Before Tax SP Net Income 180 -774 -2,094 N/A N/A Source
Slide 5: Shipment & Product Revenue Mix
Shipment & Product Revenue Mix Shipment and ASP Product Revenue Mix 4% 6% 7% 8% 7% 26% 20% 17% 25% 34% OLED Portion 45% 43% 42% 48% 52% 40% 34% 43% 36% 32% 27% 26% 31% 25% 25% TV IT MO etc Auto OLED 05
Slide 6: Financial Positions & Cash Flow
Financial Positions & Cash Flow Financial Positions (Unit : KRW Bn) Cash Flow (Unit : KRW Bn) Q4’21 Q3’22 Q4’22 Q4’21 Q3’22 Q4’22 Asset 38,155 40,134 35,686 Cash at Beginning of Quarter 4,209 3,669 3,264 Cash Flow from Current Assets 13,187 11,779 9,444 2,063 937 855 Operating Activities Cash * 4,28
Slide 7: Slide 7
Slide 8: Appendix. IFRS Statements of Income
Appendix. IFRS Statements of Income (Unit : KRW Bn) Accounts Q4’19 2019 Q1’20 Q2’20 Q3’20 Q4’20 2020 Q1’21 Q2’21 Q3’21 Q4’21 2021 Q1’22 Q2’22 Q3’22 Q4’22 2022 Revenue 6,422 23,476 4,724 5,307 6,738 7,493 24,262 6,883 6,966 7,223 8,807 29,878 6,471 5,607 6,771 7,302 26,152 COGS Gross Profit Operating
Slide 9: Appendix. IFRS Statements of Financial Position
Appendix. IFRS Statements of Financial Position (Unit : KRW Bn) Accounts Q4’19 Q1’20 Q2’20 Q3’20 Q4’20 Q1’21 Q2’21 Q3’21 Q4’21 Q1’22 Q2’22 Q3’22 Q4’22 Asset 35,575 35,886 35,054 35,497 35,066 36,392 36,319 37,602 38,155 38,267 38,305 40,134 35,686 A/R 3,154 2,749 2,803 3,769 3,518 4,309 4,208 4,288
Slide 10: Appendix. IFRS Statements of Cash Flow
Appendix. IFRS Statements of Cash Flow (Unit : KRW Bn) Accounts Q4’19 2019 Q1’20 Q2’20 Q3’20 Q4’20 2020 Q1’21 Q2’21 Q3’21 Q4’21 2021 Q1’22 Q2’22 Q3’22 Q4’22 2022 Net Income (Loss) -1,817 -2,872 -199 -504 11 616 -76 266 424 464 180 1,334 54 -382 -774 -2,094 -3,196 Depreciation 1,008 3,695 992 930 1,1
Slide 11: Appendix. EBITDA Calculation
Appendix. EBITDA Calculation (Unit : KRW Bn) Accounts Q4’19 2019 Q1’20 Q2’20 Q3’20 Q4’20 2020 Q1’21 Q2’21 Q3’21 Q4’21 2021 Q1’22 Q2’22 Q3’22 Q4’22 2022 1. Operating Income -422 -1,359 -362 -517 164 678 -36 523 701 529 476 2,231 38 -488 -759 -876 -2,085 2. Depreciation 911 3,269 889 820 1,022 995 3,7