Lg Chem Ltd. · KRX:051910
Lg Chem — Q3 2013 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Oct 18, 2013
Slide 1: 3Q 2013 Business Results & Outlook
3Q 2013 Business Results & Outlook October 18, 2013
Slide 2: Disclaimer
Disclaimer The business results for the third quarter of 2013 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 IFRS(International Financial R
Slide 3: Table of Contents
Table of Contents 3Q 2013 Business Results 1 Divisional Results & Outlook 3 Appendix 5 - Divisional Sales & Operating Profit - Borrowings & Cash Flow - CAPEX Plan & Results - Quarterly Price Trends - Monthly Price Trends
Slide 4: 3Q 2013 Business Results: Income Statements
3Q 2013 Business Results Income Statements (Unit: KRW bn) Classification ’12.3Q ’13.2Q ’13.3Q YoY QoQ Sales 5,834 5,917 5,865 0.5% -0.9% Operating Profit 601 502 516 -14.0% 3.0% (%) (10.3) (8.5) (8.8) Pre-tax Income 585 510 441 -24.6% -13.5% (%) (10.0) (8.6) (7.5) Net Income 459 401 352 -23.3% -12.1
Slide 5: 3Q 2013 Business Results: Financial Position
3Q 2013 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’12 ’13.3Q Change Classification ’12 ’13.3Q Change Asset 16,581 17,598 6.1% Total Liabilities/ 54.0 52.1 -1.9%p Cash and Equity (%) equivalents 1,341 1,974 47.2% Borrowings / 27.4 27.0 -0.4%
Slide 6: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis ▣ Despite sluggish synthetic rubber, earnings improved thanks to 4,536 overall product price increases and solid PO market condition 4,366 4,426 -NCC/PO : Earnings improved with expanded PE spread NCC/PO
Slide 7: Divisional Results & Outlook: I&E Materials/Energy Solution
Divisional Results & Outlook I&E Materials/Energy Solution Business results Analysis (Unit: KRW bn) • Analysis ▣ Despite weak demand even in the peak season of display market, favorable results achieved thanks to high margin product sales and capacity additions of polymer battery - I&E : Recorded so
Slide 8: Divisional Sales & Operating Profit
Appendix Divisional Sales & Operating Profit (Unit: KRW bn) 2012 2013 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 5,753 5,996 5,834 5,681 23,263 5,721 5,917 5,865 17,503 Operating Profit 447 499 601 364 1,910 409 502 516 1,427 Petrochemicals 4,491 4,521 4,366 4,201 17,579 4,353 4,536 4,
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’12 ’13.3Q Classification ’12 ’13.3Q Total 2,947 3,129 Beginning Cash 1,379 1,341 (Overseas Subsidiaries) (1,024) (1,236) 100% 100% Operating/Investing -143 760 KRW Currency 812 804 28% 26% Net Income
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’11 ’12 ’13 Plan ’13.3Q(YTD) New / Expansion 664 784 549 332 Petrochemicals Maintenance 296 226 245 169 Total 960 1,009 795 501 New / Expansion 332 242 744 185 I&E Maintenance 103 90 135 75 Materials Total 434 332 878 261 New / Expansion 66
Slide 11: Quarterly Price Trends
Appendix Appendix Quarterly 분기별 제품가격 Price Trends 추이 (Unit:U$/MT) (Unit:U$/MT) Acrylate/ Rubber/ NCC/PO PVC ABS/EP Plasticizer Specialty Polymers • The prices are average price of CFR FE Asia for general grade in each product group. 8 12 / 12
Slide 12: Monthly Price Trends
Appendix Monthly Price Trends (Unit:U$/MT) (Unit:U$/MT) Acrylate/ Rubber/ NCC/PO PVC ABS/EP Plasticizer Specialty Polymers • The prices are average price of CFR FE Asia for general grade in each product group. * Shows the prices on Oct 11, 2013 129 / 12 9