Lg Chem Ltd. · KRX:051910
Lg Chem — Q3 2015 Earnings Presentation
12 slides from Lg Chem's earnings presentation, November 2015
Slide 1: 3Q 2015 Business Results & Outlook
3Q 2015 Business Results & Outlook November, 2015
Slide 2: Disclaimer
Disclaimer The business results for the third quarter of 2015 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 2015 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 2015 Business Results: Income Statements
3Q 2015 Business Results Income Statements (Unit: KRW bn) Classification ’14.3Q ’15.2Q ’15.3Q YoY QoQ Sales 5,664 5,073 5,178 -8.6% 2.1% Operating Profit 358 563 546 52.8% -3.0% (%) (6.3) (11.1) (10.6) Pre-tax Income 294 493 440 49.7% -10.8% (%) (5.2) (9.7) (8.5) Net Income 232 353 342 47.6% -3.0% 1
Slide 5: 3Q 2015 Business Results: Financial Position
3Q 2015 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’14 ’15.3Q Change Classification ’14 ’15.3Q Change Asset 18,128 18,447 1.8% Total Liabilities/ 47.8 42.1 -5.7%p Cash and Equity (%) equivalents 1,748 2,158 23.5% Borrowings / 23.9 21.1 -2.8%
Slide 6: Divisional Results & Outlook: Basic Materials & Chemicals
Divisional Results & Outlook Basic Materials & Chemicals Business results Analysis (Unit: KRW bn) Analysis • Despite oil prices drop, high profitability maintained based on wide spreads and differentiated product portfolio 4,352 -NCC/PO : High profitability maintained through solid spreads and 3,801
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 improved by increased utilization rate of Chinese Materials polarizer lines with demand growth of large size panel - Energy : Earnings of Mobile battery improved with rise o
Slide 8: Divisional Sales & Operating Profit
Appendix Divisional Sales & Operating Profit (Unit: KRW bn) 2014 2015 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 5,673 5,869 5,664 5,372 22,578 4,915 5,073 5,178 15,166 Operating Profit 362 360 358 232 1,311 362 563 546 1,472 OP Margin 6.4% 6.1% 6.3% 4.3% 5.8% 7.4% 11.1% 10.6% 9.7% Bas
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’14 ’15.3Q Classification ’14 ’15.3Q Total 2,934 2,738 Beginning Cash 1,909 1,748 (Overseas Subsidiaries) (1,244) (1,374) 100% 100% Operating/Investing 215 915 KRW Currency 601 341 20% 12% Net Income 8
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’13 ’14 ’15 Plan ’15.3Q (YTD) New / Expansion 416 395 303 286 Basic Materials Maintenance 213 351 360 313 & Chemicals Total 629 746 662 598 New / Expansion 269 285 219 154 I&E Maintenance 94 122 150 117 Materials Total 363 407 369 271 New /
Slide 11: Quarterly Price Trends
Appendix Quarterly Price Trends (Unit : USD/MT) (Unit : USD/MT) PVC/ Acrylate/ Rubber/ NCC/PO ABS/EP Plasticizer SAP Specialty Polymers • The prices are average price of CFR FE Asia for general grade in each product group. 8 / 12 8
Slide 12: Monthly Price Trends
Appendix Monthly Price Trends (Unit : USD/MT) (Unit : USD/MT) 1,524 1,873 1,5091,429 1,4021,4331,411 1,8561,761 1,424 1,413 1,3691,3731,365 1,324 1,686 1,6491,756 1,611 1,652 1,275 1,246 1,343 1,3701,318 1,573 1,588 1,606 1,2931,199 1,196 1,531 1,546 1,545 1,256 1,155 1,135 1,232 1,154 1,512 1,528 1