Earnings quality
Compare earnings and operating cash flow for earnings quality.
LG Innotek Co., Ltd.
Ticker 011070 · 🇰🇷 Korea · Consolidated K-IFRS · amounts in won
Filed 2025-03-31 · Period end 2024-12-31
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 3.3%; equity ratio is 47.1%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin3.3%
Equity ratio47.1%
Last priceKRW 283,500
Trailing P/E14.9×
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
LG Innotek Co., Ltd. is a Korea-listed company with consolidated financial statements filed on DART (Open DART).
Compare trends
Tel 02-3777-1114 · As of filing date 2024-12-31
Financial statements
Income statement
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Revenue | ₩20.6T | ₩21.2T |
| Cost of sales* | ₩18.7T | ₩19.5T |
| Gross profit | ₩1.9T | ₩1.7T |
| Operating profit | ₩830.8B | ₩706.0B |
| Finance income | ₩112.9B | ₩122.3B |
| Finance costs | ₩219.1B | ₩212.8B |
| Income tax | ₩74.1B | ₩139.5B |
| Profit for the period | ₩565.2B | ₩449.3B |
| Profit to owners | ₩565.2B | ₩449.3B |
| Basic EPS | 23,884.00 | 18,985.00 |
Balance sheet
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Cash & equivalents | ₩1.4T | ₩1.3T |
| Current assets | ₩5.3T | ₩5.9T |
| Non-current assets | ₩5.9T | ₩5.5T |
| Total assets | ₩11.2T | ₩11.4T |
| Current liabilities | ₩4.2T | ₩4.0T |
| Short-term borrowings | — | — |
| Non-current liabilities* | ₩2.3T | ₩2.1T |
| Total liabilities | ₩6.5T | ₩6.0T |
| Owners’ equity | ₩4.7T | ₩5.4T |
| Total equity | ₩4.7T | ₩5.4T |
Cash flow statement
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Operating cash flow | ₩2.1T | ₩1.1T |
| Investing cash flow | -₩1.9T | -₩969.5B |
| Financing cash flow | ₩608.3B | -₩219.8B |
| Net change in cash | — | — |
| Cash at end of period | ₩1.4T | ₩1.3T |
Five-year trends
Key metrics
| Metric | Trend | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|
| Revenue | ₩9.5T | ₩14.9T | ₩19.6T | ₩20.6T | ₩21.2T | |
| Operating profit | ₩681.0B | ₩1.3T | ₩1.3T | ₩830.8B | ₩706.0B | |
| Profit to owners | ₩236.1B | ₩888.3B | ₩979.8B | ₩565.2B | ₩449.3B | |
| Total assets | ₩6.0T | ₩7.7T | ₩9.8T | ₩11.2T | ₩11.4T | |
| Cash & equivalents | ₩694.6B | ₩565.9B | ₩577.9B | ₩1.4T | ₩1.3T | |
| Owners’ equity | ₩2.4T | ₩3.3T | ₩4.3T | ₩4.7T | ₩5.4T |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from ₩20.6T to ₩21.2T (▲ +2.9%). Operating profit went from ₩830.8B to ₩706.0B (▼ -15.0%).
Operating cash flow was ₩1.1T (prior ₩2.1T), with cash on the balance sheet at ₩1.3T versus ₩1.4T.
Liquidity & leverage
Watch short-term liabilities against the cash balance.
Capital buffer
Total equity moved from ₩4.7T to ₩5.4T.
Was this page helpful?
Source: DART 20250318001384
(엘지이노텍(주)), period end 2024-12-31.