※ The financial data for 2019 was reflected the organizational change of the company in 2020.
Balance Sheets
(K-IFRS, Unit : KRW bn)
Division
2023
2022
2021
2020
2019
Total Assets
11,204.3
9,793.6
7,741.4
6,038.6
5,770.8
Current Assets
5,349.0
4,713.8
4,113.4
3,161.8
2,530.9
Non-current Assets
5,855.3
5,079.8
3,628.0
2,876.8
3,239.8
Total Liabilities
6,489.7
5,527.8
4,427.1
3,610.9
3,566.2
Current Liabilities
4,219.1
4,270.4
3,310.3
2,284.2
2,046.2
Non-current Liabilities
2,270.6
1,257.4
1,116.9
1,326.7
1,519.9
Total Stockholders' Equity
4,714.6
4,265.8
3,314.2
2,427.7
2,204.6
Capital Stock
118.3
118.3
118.3
118.3
118.3
Retained Earnings
3,413.6
2,969.2
2,048.1
1,221.5
989.3
Accumulated Other Comprehensive Income
49.4
45.0
14.4
-45.5
-36.3
Division
1,133.3
1,133.3
1,133.3
1,133.3
1,133.3
※ The financial data for 2019 was reflected the organizational change of the company in 2020.
Income Statement
(K-IFRS, Unit: KRW bn)
Division
2023
2022
2021
2020
2019
Sales
20,605.3
19,589.4
14,945.6
9,541.8
7,975.4
Cost of Goods Sold
18,742.0
17,215.0
12,815.1
8,251.4
6,933.4
Gross Profit
1,863.3
2,374.4
2,130.5
1,290.3
1,041.9
Operating Expenses
1,032.5
1,102.6
866.3
609.3
565.6
Operating Profit
830.8
1,271.8
1,264.2
681.0
476.4
Non-Operating Income
479.0
750.3
231.6
225.1
168.8
Non-Operating Expense
564.4
764.1
261.7
386.0
343.6
Finance Income
112.9
128.2
26.3
21.5
21.8
Finance Expense
219.1
251.1
67.2
98.9
90.3
Income Before Tax
639.3
1,135.1
1,193.2
442.8
233.0
Net Income
565.2
979.8
888.3
236.1
102.3
※ The financial data for 2019 was reflected the organizational change of the company in 2020.
Financial Ratio
(K-IFRS, Unit : KRW bn)
Division
2023
2022
2021
2020
2019
Operating Income Ratio (%)
4
6.5
8.5
7.1
6
Net Profit to Sales Ratio (%)
2.7
5.0
5.9
2.5
1.3
Return On Assets(ROA) (%)
5.0
10.0
11.5
3.9
1.8
Return On Equity(ROE) (%)
12.0
23.0
26.8
9.7
4.6
Current Ratio (%)
126.8
110.4
124.3
138.4
123.7
Liability-to-Equity Ratio (%)
137.7
129.6
133.6
148.7
161.8
Net Debt-to-Equity Ratio (%)
28.6
33.8
27.9
42.5
50.7
Total Asset Turnover Ratio
1.8
2.0
1.9
1.6
1.4
※ The financial data for 2019 was reflected the organizational change of the company in 2020.
Credit Rating
Rating Agency
Corporate Bond
Short-Term Bond
Commercial Paper
NICE Investors Service Co., Ltd.
AA- (2024.01.23)
A1 (2023.12.15)
A1 (2023.12.15)
Korea Ratings Corporation
AA- (2024.01.24)
A1 (2023.12.22)
A1 (2023.12.22)
Korea Investors Service, Inc.
AA- (2024.01.24)
A1 (2023.12.14)
A1 (2023.12.14)
Corporate Bond Credit Rating Definition
View
View
Rating
Definition
AAA
The capacity for payment of financial commitments is exceptionally strong and highly unlikely to be adversely affected by foreseeable changes in circumstances.
AA
The capacity for payment of financial commitments is very strong but somewhat less than AAA.
A
The capacity for payment of financial commitments is strong but somewhat vulnerable to adverse economic conditions or changes in circumstances.
BBB
The capacity for payment of financial commitments is adequate but more likely to be impaired by adverse economic conditions or changes in circumstances.
BB
The capacity for payment of financial commitments may be moderate but has speculative characteristics.
B
The capacity for payment of financial commitments is weak and speculative, and its future stability is uncertain.
CCC
The capacity for payment of financial commitments is adequate but more likely to be impaired by adverse economic conditions or changes in circumstances.
CC
The capacity for payment of financial commitments contains a high possibility of default risk, and is more vulnerable to adverse economic conditions or changing circumstances than higher ratings.
C
The capacity for payment of financial commitments contains an extremely high possibility of default risk, with little chance of recovery.
D
It is the payment default risk on financial commitments.
* The ratings between AA and CCC may be modified by the addition of a plus (+) or minus (-) sign to show its relative standing among the major rating categories.
*
Short-Term Rating Definition
View
View
Rating
Definition
A1
The capacity for payment of financial commitments is exceptionally strong, and highly unlikely to be adversely affected by foreseeable changes in circumstances.
A2
The capacity for payment of financial commitments is strong, but somewhat less than A1.
A3
The capacity for payment of financial commitments is exceptionally strong, and highly unlikely to be adversely affected by foreseeable changes in circumstances.
B
The capacity for payment of financial commitments may be moderate, but has speculative characteristics.
C
The capacity for payment of financial commitments is doubtful.
D
The capacity for payment of financial commitments is doubtful.
* The ratings from A2 to B may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.
*
Cookie Settings Information
When you visit the LG Innotek website, information may be stored in or retrieved from your browser in the form of cookies. This information may relate to the visitor, their preferences, or the device they are using, and it is mostly used to ensure the site functions properly. This information cannot directly identify visitors but can help provide a more optimized experience. LG Innotek respects your privacy rights. Visitors can choose to block certain types of cookies through the settings. You can review detailed information and change your preferences.
Essential Cookies
Certain cookies are necessary to use all the features of the site. These cookies perform essential activities needed for users to navigate the website. - Session ID(User Identifier) - Language
Optional Cookies
These cookies collect information about how visitors use the website, helping improve the site. For example, they collect information about the visitor’s device and location anonymously. - Google Analytics (GA4) Anonymous Data Collection - Eloqua Data Collection