Lg Display Co., Ltd · KRX:034220
Lg Display — Q3 2020 Earnings Presentation
11 slides from Lg Display's earnings presentation, Oct 22, 2020
Slide 1: 2020 Q3 Earnings Results
@LG Display We Display. 2020 Q3 Earnings Results October 22, 2020 | Investor Relations
Slide 2: Disclaimer
Disclaimer At the time, the external auditor has not yet completed its review of LG Display's 3Q 2020 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 auditor. All information
Slide 3: Revenues & Profits
Revenues & Profits @ Ls Display Revenues Profits (Unit : KRW B) (Unit : KRW B, %) 9,000 9319 Q2'20 QoQ YoY 27%1(Q0Q) 8,000 ; 16%1 (YoY) Operati perating . . , 6.738 Income 436-517] 164 TB TB 000 , 8% =10% 2% 6000 5,822 5,307 EBITDA* 613 413] 1,288] 212% 110% 5000 11% 8% 19% 4,000 Income 3000 Before
Slide 4: Shipment, ASP and Capacity
Shipment, ASP and Capacity Shipment and ASP (Unit : M m?, ASP/m?) Display area shipment in M m2, Net Area =O=ASP per m? (USD) $706 $654 $513 BLS) 92 7.0 67 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Source : Unaudited, Company financials Capacity m~Gen6 mGen7 @LG Display (Unit : M m?) mGen 8 =Gen 8 OLED 13.0 10.
Slide 5: Revenue: Product Mix
Revenue: Product Mix @LG Display Mobile etc. IT Q3'19 Q4'19 Q1 '20 Q2 '20 Q3 '20 ln Source : Unaudited, Company financials From 3Q20, the proportion of sales previously divided into Notebook & Tablet PC and Monitor is integrated into IT sales.
Slide 6: Financial Positions & Ratios
Financial Positions & Ratios @LG Display Financial Positions Financial Ratios (Unit : KRW B) (Unit : KRW B) Q3'19 Q2'20 Q3'20 Q3'19 Q2'20 Q3'20 Asset 37,443 35,054 35,497 Current Assets 10,780 9,826 10,921 Liabilities to EZ ) Equity Ratio 190% 192% Cash * 2,838 3599 3,367 161% Inventory 2727 2,039 2
Slide 7: Cash change bridge
465 17 11 232 370 1,124 (670) (370) (310) (17) (232) 3,367
Slide 8: IFRS Statements of Income
Appendix. IFRS Statements of Income Revenue COGS Gross Profit Operating Income EBITDA Income before tax Net Income EPS (Unit: KRW) Margins (%) Gross Margin Operating Margin EBITDA Margin 7,062 5343 14719 1,027 1,743 858 679 1,899 243 145 247 6,629 5115 1,514 804 1,583 832 737 2,059 228 12.1 23.9 6,9
Slide 9: IFRS Statements of Financial Position
Appendix. IFRS Statements of Financial Position @LG Display (Unit : KRW Bn) Accounts Asset 24805 26,501 28,792 29,160 AR 4431-4466 4848 4,325 Cash* 2303 2602 3302 3,360 Inventory 2,283 2343 «2664 ~=—- 2350 11,096 11,912 13624 14,178 AP 2437 2444=—«-2.963-2875 Short-term debts 767 834. 1,219—1,453 Lo
Slide 10: IFRS Statements of Cash Flow
Appendix. IFRS Statements of Cash Flow @Lc Display (Unit: KRW Bn) Accounts Q1'17_ Q2'17_ Q3'17_ Q4'17 Net Income 679 737 477 44 1,937 -49 -301 18 153 -179 63 -550, 442-1817 -2,872 -199 -504 1 Depreciation e hmorteetion 716 «779 «6834. 885-3214. 910.s«909Ss«8B1_—Ss« BSS. 3555. 811s: 827_—«s1,049.«« 1
Slide 11: EBITDA Calculation
Appendix. EBITDA Calculation @Lc Display (Unit: KRW Bn) Accounts 8 1. Operating Income 1027-804 586 45.2462, 98-228 140279 93-132 -369«--436.— 422-1359 362, -517—s«*164 2. Depreciation 611 668 734 779 2792 808 799 769 749 3125 696 715 947 911 3269 889 820 41,022 3, Amortization 105 111 100, 106 422