Lg Chem Ltd. · KRX:051910
Lg Chem — Q1 2024 Earnings Presentation
17 slides from Lg Chem's earnings presentation, Apr 30, 2024
Slide 1: 1Q 2024 Earnings Release
2024. 04. 30 1Q 2024 Earnings Release @LG Chem | WeConnectScience
Slide 2: Contents
Contents 1Q 2024 Business Results 3-4 Results & Outlook by Business 5-9 Appendix 10-15 * Income Statements / Financial Position / Cash Flows + CAPEX & R&D Expenses + Petrochemical Divisions & Products * Cathode Capa Plan
Slide 3: Confidential
The business results currently under audit review are presented here for investors’ convenience. Hence, please be advised that some of their contents may be altered in the course of audit. The business results are subject to the K-IFRS (Korea International Financial Reporting Standards). Forecasts a
Slide 4: 1Q 2024 Business Results
Confidential 1Q 2Q 3Q 4Q 1Q 265 247 120 150 246 8,747 8,774 8,224 8,001 6,129 278 317 291 285 2,360 2,015 297 1,714 1,319 1,583 4,579 4,559 4,411 4,260 4,455
Slide 5: Liabilities, debt and net debt to equity
Confidential 89.2% 90.2% 81.4% Liabilities / Equity 57.2% 53.6% 42.6% Debts / Equity 35.6% 31.2% 19.9% Net Debts / Equity 2022 2023 1Q 2024
Slide 6: Results & Outlook by Business: Petrochemicals
@ Petrochemicals Advanced Materials Results & Outlook by Business 4,579 4,559 Att Sales (Proportion) = Nexolution @ Sustainability mHPM @Acrylates mABS m PVC/Plasticizers mNCC/PO '23.1Q '23.2Q '23.3Q '23.4Q 51 13 37 117 Operain (1.1%) (-0.3%) (0.8%) (-2.7%) (opm) WeConnectScience Life Sciences Farm
Slide 7: Results & Outlook by Business: Advanced Materials
WeConnectScience @ Advanced Materials Results & Outlook by Business Advanced Materials (Unit: KRW bn) 2,360 a 4] Results 2.015 Improvement on sales and profitability of . battery material business driven by sizable 4714000¢<~<C . shipment increases Share of value-added products expanded for overall
Slide 8: Results & Outlook by Business: Life Sciences
WeConnectScience Petrochemicals Advanced Materials: @ Life Sciences Farm Hannong Energy Solution Results & Outlook by Business (Unit: KRW bn) al Results » Steady sales of flagship products including diabetes and growth hormone products drove marginal increase in YoY sales » R&D spending displayed an
Slide 9: Results & Outlook by Business: Farm Hannong
WeConnectScience R Its & Outl k rey aces Advanced Materials Life Sciences @ Farm Hannong Energy Solution eSU loo by Business (Unit: KRW bn) él Results Sales dipped YoY due to a decline in fertilizer ASP, while profitability improved on overseas expansion of crop protection products and higher ASP 26
Slide 10: Results & Outlook by Business: Energy Solution
WeConnectScience Ri Its & Out k Petrochemicals Advanced Materials Life Sciences’ Farm Hannong @ Energy Solution eSU loo by Business Energy Solution (Unit: KRW bn) él Results Despite higher sales of cylindrical products driven by active engagement with strategic customers, subdued downstream demand a
Slide 11: Appendix: Income Statements
WeConnectScience Appendix Income Statements (Unit: KRW bn) Sales 11,355 11,987 «13,985 -«13,656.««50,983 14,284. «14,336 «= 13,495 «13,135 «55,250 11,609 Cost of Sales 8904 9,511 14,235 14,472, «44,122,-««11,972, 11,930 11,177,—Ss«11,384-= 46,464=—S«9,708 Gross Profi 2451 2477 2,749 2,184 9861 2312
Slide 12: Appendix: Financial Position
WeConnectScience Appendix Financial Position (Unit: KRW bn) LG Chem Assets 64,417 66,347 69,649 67,974 70,896 72,501 77,500 77,467 82,116 Cash and Equivalents 14,138 11,514 9,128 8,512 6,810 6.871 8,883 9,142 9,263 AR 7,019 7,515 8,957 7,450 8,604 8,657 8,924 8,083 8,152 Inventory 9,312 11,240 12,49
Slide 13: Appendix: Cash Flows
WeConnectScience Appendix § (eznugtre (Unit; KRW bn) Beginning 3,825 14,138 14,514 9,128 3,825 8,512 6,810 6,871 8,883 8,512 9,142 Cash Balance Cherating 156 -587 -1,100 2,101 570 503 1,971 1,656 3,406 7,537 454 Activities Operating Profit 1,004 855 911 209 2,979 804 618 860 247 2,529 265 Depreciati
Slide 14: CAPEX & R&D Expenses (excl. Energy Solution)
Appendix WeConnectScience CAPEX & R&D Expenses (excl. Energy Solution) CAPEX R&D Expenses LG Chem (Unit: KRW bn) 1Q 2024 LG Chem (Unit: KRW bn) 2023 1Q 2024 Petrochemicals Petrochemicals Materials 1,088 690 Waters 204 243 Life Sciences 118 770° Life Sciences 276 375 ns SL 679 487 mpcommon 205 194 (i
Slide 15: Petrochemical Divisions & Products
Confidential NCC/PO C2 / C3 / BD / BZ / SM BPA HDPE / LLDPE / PP LDPE / EVA (3,350 / 1,980 / 510 / 900 / 520) (505) (550 / 600 / 380) (300 / 160) PVC/ PVC Plasticizers Alcohol PC Caustic Soda Plasticizer (1,280) (280) (300) (170) (1,020) ABS ABS / SAN ’24.3Q PS / EPS (2,290) (2,290 2,330) (40 / 90)
Slide 16: Cathode Capa Plan
Confidential 50 60 60 10 10 60 300 50 50 200 45 70 90 43 2022 2023 2024(p) 2026(p) 2028(p) ※ It is based on our business plan, and may differ from the actual Capa due to changes in the business environment and strategy revision.
Slide 17: Thank you
Thank you WeConnectScience @LG Chem LG Twin Tower, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul 07336, Korea Tel. 02-3773-1114 / wwwigchem.com Copyright © 2024 LG Chem, All Rights Reserved