Lg Chem Ltd. · KRX:051910
Lg Chem — Q2 2023 Earnings Presentation
16 slides from Lg Chem's earnings presentation, Jul 27, 2023
Slide 1: 2Q 2023 Earnings Release
2023.07.27 2Q 2023 Earnings Release @LG Chem | WeConnectScience
Slide 2: Contents
Contents 2Q 2023 Business Results 3-4 Results & Outlook by Business _; > Appendix 10-14 * Income Statements / Financial Position / Cash Flows + CAPEX & R&D Expenses + Petrochemical Divisions & Products
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 2023 Business Results
Confidential 3Q 4Q 1Q 2Q 265 247 157 135 241 7,648 8,747 8,774 5,071 8,538 222 225 1,985 278 317 2,582 245 2,561 2,220 1,883 5,988 5,493 4,279 4,579 4,559
Slide 5: Liabilities / Debts / Net Debts to Equity
Confidential 84.6% 83.0% 81.4% Liabilities / Equity 48.6% 46.5% 42.6% Debts / Equity 31.2% 28.8% 19.9% Net Debts / Equity 2022 1Q 2023 2Q 2023
Slide 6: Results & Outlook by Business: Petrochemicals
WeConnectScience @ Petrochemicals Advanced Materials Life Sciences @ Farm Hannong. @ Energy Solution Results & Outlook by Business Petrochemicals (OPM) (Unit: KRW bn) 5,988 &]] Results 5,493 » Sustained loss due to TA at Yeosu No.2 t \ NCC & continued market slowdown 4,579 | \ » Decent profitability
Slide 7: Results & Outlook by Business: Advanced Materials
WeConnectScience @ Advanced Materials Results & Outlook by Business Advanced Materials (Unit: KRW bn) 2,582 2,561 él Results Decrease of sales & profitability in Battery materials due to slowdown of EV sales in Europe & falling metal prices Increase of sales & profitability in IT materials due to re
Slide 8: Results & Outlook by Business: Life Sciences
Confidential ※ Since Feb 2023, AVEO’s business performance has been included.
Slide 9: Results & Outlook by Business: Farm Hannong
WeConnectScience Petrochemicals Advanced Materials Life Sciences @ Farm Hannong Energy Solution Results & Outlook rene (Unit: KRW bn) él Results » Sales grew & profitability improved YoY thanks to greater overseas sales of crop protection products 265 241 Sales Gof Outlook » Despite the market slowd
Slide 10: Results & Outlook by Business: Energy Solution
WeConnectScience Petrochemicals Advanced Materials Life Sciences’ Farm Hannong @ Energy Solution Results & Outlook by Business Energy Solution (Unit: KRW bn) ennn-----5 él Results Shipment growth especially in North America, despite the selling price impact from falling metal prices » OP declined Qo
Slide 11: Appendix: Income Statements
WeConnectScience Appendix Income Statements (Unit: KRW bn) LG Chem Sales 11,595 12,240 14,178 13,852 51,865 14,486 14,542 Cost of Sales 9,098 9,713 11,410 11,657 41,878 12,161 12,112 Gross Profit 2,497 2,526 2,768 2,195 9,986 2,325 2,430 (%) 21.5% 20.6% 19.5% 15.8% 19.3% 16.1% 16.7% SG&A Expenses 1,
Slide 12: Appendix: Financial Position
WeConnectScience Appendix Financial Position (Unit: KRW bn) Assets 64,417 66,347 69,649 67,974 70,896 72,501 Cash and Equivalents 14,138 11,514 9,128 8,512 6,810 6,871 AR 7,019 7,515 8,957 7,450 8,604 8,657 Inventory 9,312 11,240 12,493 11,881 11,970 11,145 Tangible / Intangible Assets 27,724 29,027
Slide 13: Appendix: Cash Flows
WeConnectScience Appendix § (eznugtre (Unit: KRW bn) eeginning 3,825 14,138 11,514 9,128 3,825 8,512 6,810 Cash Balance Operating Activities 156 587 -1,100 2,101 570 503 1,971 Operating Profit 1,025 878 901 191 2,996 791 616 Depreciation 793 819 871 929 3,412 922 977 Working Capital 714 “1,785 -2,66
Slide 14: Appendix: CAPEX & R&D Expenses
Appendix WeConnectScience CAPEX & R&D Expenses (ex CAPEX R&D Expenses (Unit: KRW bn) LG Chem 2022 1Q 2023 2Q 2023 (Unit: KRW bn) LG Chem 2022 1Q 2023 2Q 2023 Petrochemicals Petrochemicals Advanced 1,089 254 Advanced 204 61 Materials Materials Life Sciences 118 713° Life Sciences 276 79 linc Fam Horn
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 Plasticizers (1,280) (280) (300) (170) (1,020) ABS ABS / SAN PS / EPS (2,290) (40 / 90) Acrylic Acid IPA NPG
Slide 16: 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 © 2023 LG Chem, All Rights Reserved