Lg Chem Ltd. · KRX:051910
Lg Chem — Q3 2014 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Oct 20, 2014
Slide 1: 3Q 2014 Business Results & Outlook
3Q 2014 Business Results & Outlook October 20, 2014
Slide 2: Disclaimer
Disclaimer The business results for the third quarter of 2014 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 2014 Business Results 1 Divisional Results & Outlook 3 Appendix 5 - Divisional Sales & Operating Profit - Cash Flow - CAPEX - Quarterly Price Trends - Monthly Price Trends
Slide 4: 3Q 2014 Business Results: Income Statements
3Q 2014 Business Results Income Statements (Unit: KRW bn) Classification ’13.3Q ’14.2Q ’14.3Q YoY QoQ Sales 5,865 5,869 5,664 -3.4% -3.5% Operating Profit 516 360 358 -30.8% -0.6% (%) (8.8) (6.1) (6.3) Pre-tax Income 441 290 294 -33.4% 1.3% (%) (7.5) (4.9) (5.2) Net Income 352 227 232 -34.2% 2.2% 1
Slide 5: 3Q 2014 Business Results: Financial Position
3Q 2014 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’13 ’14.3Q Change Classification ’13 ’14.3Q Change Asset 17,447 18,262 4.7% Total Liabilities/ 48.8 51.0 2.2%p Cash and Equity (%) equivalents 1,909 2,066 8.2% Borrowings / 25.7 26.4 0.7%p L
Slide 6: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis • Although revenue declined due to delayed market recovery and strong Korean won, profitability improved slightly based on 4,426 4,516 differentiated product mix 4,352 -NCC/PO : Robust spreads maintained
Slide 7: Divisional Results & Outlook: I&E Materials/Energy Solutions
Divisional Results & Outlook I&E Materials/Energy Solutions Business results Analysis (Unit: KRW bn) • Analysis - I&E : Earnings declined due to keen competition by weak yen Materials and start-up cost of new polarizer line in China 788 716 - Energy : Business results of Mobile battery improved by i
Slide 8: Divisional Sales & Operating Profit
Appendix Divisional Sales & Operating Profit (Unit: KRW bn) 2013 2014 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 5,721 5,917 5,865 5,641 23,144 5,673 5,869 5,664 17,206 Operating Profit 409 502 516 316 1,743 362 360 358 1,079 OP Margin 7.1% 8.5% 8.8% 5.6% 7.5% 6.4% 6.1% 6.3% 6.3% Petro
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’13 ’14.3Q Classification ’13 ’14. 3Q Total 3,011 3,198 Beginning Cash 1,341 1,909 (Overseas Subsidiaries) (1,172) (1,242) 100% 100% Operating/Investing 813 270 KRW Currency 803 802 27% 25% Net Income
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’12 ’13 ’14 Plan ’14.3Q(YTD) New / Expansion 791 416 499 266 Petrochemicals Maintenance 177 213 394 181 Total 969 629 894 448 New / Expansion 253 269 454 98 I&E Maintenance 71 94 132 92 Materials Total 324 363 586 190 New / Expansion 408 10
Slide 11: Quarterly Price Trends
Appendix Appendix 분기별 제품가격 Quarterly 추이 Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,676 1,617 1,601 1,580 1,542 1,531 1,532 1,590 1,578 3,612 1,544 3,372 1,459 1,462 1,489 1,411 1,442 1380 1452 3,397 1361 1358 1,356 1,434 1436 1429 1,401 1420 1,404 1394 2,830 1,364 1,345 1,340 1,356 1,3191304 1341 1328
Slide 12: Monthly Price Trends
Appendix Appendix 분기별 제품가격 Monthly 추이 Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,720 1,676 1,686 1,632 1,630 1,629 1,589 1,608 1,569 1,536 1,576 1,574 1,565 1,540 2,089 2,061 2,028 1,548 1,545 2,065 1,528 1,602 1,599 1,530 1,926 1,511 1,534 1,524 1,570 1,578 1,586 2,000 2,000 1,965 1,541 1,548 1,915 1