Lg Chem Ltd. · KRX:051910
Lg Chem — Q2 2024 Earnings Presentation
17 slides from Lg Chem's earnings presentation, Jul 25, 2024
Slide 1: 2Q 2024 Earnings Release
2024.07.25 2Q 2024 Earnings Release @LG Chem | WeConnectScience
Slide 2: Contents
Contents 2Q 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: 2Q 2024 Business Results
Confidential 2Q 3Q 4Q 1Q 2Q 247 120 150 238 246 8,774 8,224 6,162 8,001 6,129 317 404 291 285 2,015 297 1,728 1,714 1,319 1,583 4,559 4,411 4,260 4,455 4,966
Slide 5: Liabilities / Equity and Debts / Equity
Confidential 89.2% 90.2% 90.2% Liabilities / Equity 57.2% 55.9% 53.6% Debts / Equity 39.7% 35.6% 31.2% Net Debts / Equity 2023 1Q 2024 2Q 2024
Slide 6: Petrochemicals results and outlook
@ Petrochemicals Advanced Materials Results & Outlook by Business 4,559 Sales (Proportion) = Nexolution = Sustainability m= HPM mAcrylates = ABS m= PVC/Plasticizer m= NCC/PO '23.2Q '23.3Q '23.4Q '24.1Q Operati 13 37 117 31 rot (-0.3%) (0.8%) (2.7%) (-0.7%) (opm) WeConnectScience Life Sciences Farm H
Slide 7: Advanced Materials results and outlook
WeConnectScience @ Advanced Materials Results & Outlook by Business Advanced Materials (Unit: KRW bn) 2,015 él Results Despite concerns about slowing EV growth, sales and profitability improved driven by increased battery material shipments Improved overall advanced materials 1,714 1,583 C ‘ ' J t J
Slide 8: Life Sciences results and outlook
WeConnectScience Petrochemicals Advanced Materials: @ Life Sciences Farm Hannong Energy Solution Results & Outlook by Business (Unit: KRW bn) él Results » Temporary increase in sales/profit due to recognition of upfront license-out fees for orphan drug for obesity, and increased sales of key product
Slide 9: Farm Hannong results and outlook
WeConnectScience @ Farm Hannong Results & Outlook rene (Unit: KRW bn) él Results Overseas sales of crop protection products continued to expand, however profitability weakened on YoY due to decline in fertilizer ASP 247 246 Sales Gof Outlook Sales decline is expected due to 150 seasonal effects in t
Slide 10: Energy Solution results and outlook
WeConnectScience Petrochemicals Advanced Materials Life Sciences’ Farm Hannong @ Energy Solution Results & Outlook by Business Energy Solution (Unit: KRW bn) él Results Despite the continued impact on sales prices due to falling metal prices, sales and AMPC increased due to increased volume followin
Slide 11: Income Statements
WeConnectScience Appendix Income Statements (Unit: KRW bn) LG Chem Sales 14,284 14,336 13,495 13,135 55,250 11,609 12,300 Cost of Sales 11,972 11,930 11,177 11,384 46,464 9,706 10,424 Gross Profit 2,312 2,405 2,318 1,750 8,786 1,904 1,876 (%) 16.2% 16.8% 17.2% 13.3% 15.9% 16.4% 15.3% SG&A Expenses 1
Slide 12: Financial Position
WeConnectScience Appendix Financial Position (Unit: KRW bn) LG Chem Assets 70,896 72,501 77,500 77,467 82,116 84,188 Cash and Equivalents 6,810 6,871 8,883 9,142 9,294 7,170 AR 8,604 8,657 8,924 8,083 8,152 8,857 Inventory 11,970 11,145 10,608 9,375 9,666 9,760 Tangible / Intangible Assets 35,186 37
Slide 13: Cash Flows
WeConnectScience Appendix § (eznugtre (Unit; KRW bn) Beginning 8,512 6,810 6,871 8,883 8,512 9,142 9,294 Cash Balance Operating Activities 503 1,971 1,656 2,634 6,764 454 1,490 Operating Profit 804 618 860 247 2,529 265 406 Depreciation 922 977 999 1,059 3,957 1,086 1,156 Working Capital -465 125 28
Slide 14: CAPEX & R&D Expenses
Appendix WeConnectScience CAPEX & R&D Expenses (excl. Energy Solution) CAPEX R&D Expenses (Unit: KRW bn) LG Chem 2023 1Q 2024 2Q 2024 (Unit: KRW bn) LG Chem 2023 1Q 2024 2Q 2024 Petrochemicals Petrochemicals Advanced Advanced Materials eso tHe Materials ae ee Life Sciences 770° 5 Life Sciences 375 1
Slide 15: Petrochemical Divisions & Products
Confidential NCC/PO C2 / C3 / BD / BZ BPA HDPE / LLDPE / PP LDPE / EVA (3,350 / 1,980 / 510 / 900) (505) (550 / 600 / 380) (300 / 160) PVC/ PVC Plasticizers Alcohol PC Caustic Soda Plasticizer (1,280) (175) (300) (170) (1,020) ABS ABS / SAN ’24.3Q PS / EPS (2,310) (2,310 2,380) (40 / 90) Acrylic Aci
Slide 16: Cathode Capacity Plan
Confidential 10 60 60 50 50 45 130 110 90 70 43 '22 '23 '24(p) '25(p) '26(p) ※ This is based on our business plan, and may differ from the actual capacity 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