NYSE : LPL

LG Display Co., Ltd. — Financial statements

Technology · Consumer Electronics · South Korea

Last price 2.71 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.73B

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Financial statements

LG Display Co., Ltd. (LPL) reported revenue of 24.62T KRW (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in KRW.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue24.62T25.81T26.62T21.33T26.15T29.88T
Cost of Revenue21.86T22.43T24.04T20.99T25.03T24.57T
Gross Profit2.77T3.38T2.58T345.18B1.12T5.31T
Selling, General & Admin1.27T1.45T1.69T1.48T1.83T1.85T
Research & Development1.04T1.41T1.45T1.38T1.38T1.22T
Operating Expenses2.31T2.86T3.14T2.86T3.21T3.07T
Operating Income458.07B516.98B-560.60B-2.51T-2.09T2.23T
Interest Expense-461.74B-702.61B-909.64B-723.43B-414.52B-434.09B
Interest & Investment Income24.29B51.69B87.69B134.66B85.62B88.89B
Earnings From Equity Investments3.42B2.48B5.41B-3.06B5.56B7.78B
Currency Exchange Gain (Loss)-1.25T64.36B-992.82B-70.17B9.57B-250.47B
Other Non Operating Income (Expenses)833.12B65.91B370.07B13.12B392.87B165.41B
EBT Excluding Unusual Items-388.62B-1.19B-2.00T-3.16T-2.01T1.81T
Gain (Loss) on Sale of Investments-4.21B2.09B
Gain (Loss) on Sale of Assets17.10B717.43B-24.95B-65.50B-28.89B-44.79B
Asset Writedown-244.23B-214.55B-166.70B-114.90B-1.39T-46.30B
Other Unusual Items-2.67B-250.00M
Pretax Income-615.75B501.69B-2.19T-3.34T-3.43T1.72T
Income Tax Expense-25.66B197.88B217.76B-762.71B-237.78B385.34B
Earnings From Continuing Operations-590.09B303.81B-2.41T-2.58T-3.20T1.33T
Minority Interest in Earnings14.28B-77.50B-153.31B-157.01B124.02B-147.36B
Net Income-575.81B226.31B-2.56T-2.73T-3.07T1.19T
Net Income to Common-575.81B226.31B-2.56T-2.73T-3.07T1.19T
Shares Outstanding (Basic)500.00M500.00M471.25M380.88M357.82M357.82M
Shares Outstanding (Diluted)500.00M500.00M471.25M380.88M357.82M398.80M
EPS (Basic)-1,151.63452.62-5,437.86-7,177.35-8,584.213,315.06
EPS (Diluted)-1,151.73452.62-5,438.00-7,177.35-8,584.213,129.57
Free Cash Flow1.00T282.03B-1.80T-2.07T2.61T
Free Cash Flow Per Share2,008.29598.46-4,725.86-5,780.236,549.61
Dividend Per Share650.00
Gross Margin11.23%13.08%9.68%1.62%4.30%17.76%
Operating Margin1.86%2.00%-2.11%-11.77%-7.97%7.47%
Profit Margin-2.34%0.88%-9.63%-12.82%-11.74%3.97%
Free Cash Flow Margin3.89%1.06%-8.44%-7.91%8.74%
EBITDA3.60T4.23T3.83T1.17T2.02T6.34T
EBITDA Margin14.62%16.40%14.38%5.47%7.72%21.21%
D&A For EBITDA3.14T3.72T4.39T3.68T4.10T4.11T
EBIT458.07B516.98B-560.60B-2.51T-2.09T2.23T
EBIT Margin1.86%2.00%-2.11%-11.77%-7.97%7.47%
Effective Tax Rate39.44%22.42%
Advertising Expenses61.73B67.09B76.40B108.31B126.33B

Balance sheet

Fiscal year January - December; amounts in KRW.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents1.57T2.02T2.26T1.82T3.54T
Short-Term Investments9.45B11.03B907.33B276.12B26.21B
Trading Asset Securities62.74B186.68B136.76B119.42B14.31B
Cash & Short-Term Investments1.60T1.64T2.22T3.30T2.22T3.58T
Accounts Receivable2.36T3.63T3.22T2.37T4.58T
Other Receivables218.97B262.80B126.98B389.61B730.38B
Receivables2.60T3.92T3.38T2.79T5.33T
Inventory2.55T2.67T2.53T2.87T3.35T
Prepaid Expenses74.42B67.54B
Other Current Assets196.07B1.31T298.26B1.49T852.49B
Total Current Assets6.98T10.12T9.50T9.44T13.19T
Property, Plant & Equipment14.47T17.20T20.20T20.95T20.56T
Long-Term Investments230.08B224.73B207.44B317.64B229.60B
Goodwill28.31B29.23B24.16B23.56B48.34B
Other Intangible Assets837.49B951.89B1.11T1.16T1.21T
Long-Term Accounts Receivable2.79B3.76B4.14B11.35B
Long-Term Deferred Tax Assets3.51T3.50T3.56T2.65T2.31T
Long-Term Deferred Charges612.24B577.28B641.46B565.22B389.21B
Other Long-Term Assets242.79B231.53B478.02B516.42B195.52B
Total Assets26.92T32.86T35.76T35.69T38.15T
Accounts Payable3.31T4.15T4.17T4.06T4.81T
Accrued Expenses782.55B634.47B648.95B729.19B1.22T
Short-Term Debt810.72B969.60B1.88T2.58T613.73B
Current Portion of Long-Term Debt2.95T5.52T3.33T2.87T3.40T
Current Portion of Leases36.43B34.82B48.67B40.69B40.48B
Current Income Taxes Payable39.22B65.37B52.24B112.43B179.34B
Other Current Liabilities1.67T4.48T3.76T3.57T3.73T
Total Current Liabilities9.60T15.86T13.89T13.96T13.99T
Long-Term Debt8.91T8.07T11.39T9.59T8.66T
Long-Term Leases23.25B23.15B24.70B32.09B43.85B
Pension & Post-Retirement Benefits1.11B1.09B1.56B1.53B1.59B
Long-Term Deferred Tax Liabilities2.07B4.35B6.64B
Other Long-Term Liabilities544.91B835.17B1.69T777.04B686.23B
Total Liabilities19.08T24.79T26.99T24.37T23.39T
Common Stock2.50T2.50T1.79T1.79T1.79T
Additional Paid-In Capital2.74T2.77T2.25T2.25T2.25T
Retained Earnings281.91B-18.51B2.68T5.36T8.54T
Comprehensive Income & Other1.08T1.29T515.98B479.63B537.14B
Total Common Equity6.30T6.60T6.54T7.23T9.88T13.12T
Minority Interest1.24T1.53T1.54T1.44T1.64T
Shareholders' Equity7.65T7.84T8.07T8.77T11.32T14.76T
Total Liabilities & Equity26.92T32.86T35.76T35.69T38.15T
Total Debt13.46T12.73T14.62T16.67T15.11T12.76T
Net Cash (Debt)-11.86T-11.09T-12.40T-13.36T-12.89T-9.18T
Net Cash Per Share-23,712.59-22,178.24-26,311.83-35,087.81-36,028.09-23,011.11
Filing Date Shares Outstanding500.00M500.00M500.00M357.82M357.82M357.82M
Total Common Shares Outstanding500.00M500.00M500.00M357.82M357.82M357.82M
Working Capital-2.61T-5.74T-4.38T-4.52T-807.75B
Book Value Per Share12,602.0213,208.2513,084.5220,212.0327,610.8336,663.72
Tangible Book Value4.37T5.74T5.56T6.10T8.69T11.86T
Tangible Book Value Per Share8,743.7511,476.6511,122.2717,047.0124,291.4233,154.42
Land416.10B426.34B472.81B476.05B433.85B
Buildings9.75T10.04T9.75T8.25T8.37T
Machinery51.84T51.99T51.18T49.82T49.91T
Construction In Progress3.09T3.29T7.29T9.79T6.79T

Cash flow statement

Fiscal year January - December; amounts in KRW.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income226.31B-2.56T-2.73T-3.07T1.19T
Depreciation & Amortization3.77T4.46T3.75T4.18T4.17T
Other Amortization583.06B668.92B468.45B377.72B332.44B
Loss (Gain) From Sale of Assets-717.43B25.34B65.56B28.89B44.79B
Asset Writedown & Restructuring Costs216.87B171.01B114.66B1.40T46.30B
Loss (Gain) on Equity Investments-2.48B-5.41B3.06B-5.56B-7.78B
Other Operating Activities394.63B929.53B-1.00T-598.22B999.24B
Change in Accounts Receivable24.35B-395.51B-1.01T1.83T-964.13B
Change in Inventory203.87B-85.85B336.99B390.67B-1.12T
Change in Accounts Payable-2.60T-46.80B323.55B-282.08B1.04T
Change in Other Net Operating Assets252.63B-743.58B1.37T-1.24T33.43B
Operating Cash Flow2.35T2.41T1.68T3.01T5.75T
Capital Expenditures-1.35T-2.13T-3.48T-5.08T-3.14T
Sale of Property, Plant & Equipment936.16B248.46B485.66B171.42B65.71B
Sale (Purchase) of Intangibles-757.23B-780.56B-659.09B-819.19B-632.86B
Investment in Securities2.85B937.74B837.67B-1.04T-641.97B
Other Investing Activities165.97B341.16B201.77B116.62B99.40B
Investing Cash Flow-978.62B-1.36T-2.59T-6.70T-4.26T
Short-Term Debt Issued4.39T5.22T6.73T4.49T2.57T
Long-Term Debt Issued4.92T2.91T5.23T4.61T1.80T
Total Debt Issued9.31T8.13T11.96T9.10T4.37T
Short-Term Debt Repaid-4.50T-6.29T-7.45T-2.57T-2.43T
Long-Term Debt Repaid-6.76T-4.08T-3.13T-4.29T-4.41T
Lease Payments-52.90B-71.01B-73.48B-82.30B-66.94B
Total Debt Repaid-11.26T-10.37T-10.58T-6.86T-6.84T
Net Debt Issued (Repaid)-1.96T-2.23T1.38T2.24T-2.47T
Issuance of Common Stock1.29T
Common Dividends Paid-232.58B
Dividends Paid-232.58B
Other Financing Activities-6.39B-393.52B-34.10B-60.21B
Financing Cash Flow-1.96T-1.33T1.35T1.95T-2.47T
Foreign Exchange Rate Adjustments-18.07B208.32B-11.40B26.18B299.27B
Miscellaneous Cash Flow Adjustments158.41B-158.41B
Net Cash Flow-449.58B-235.88B432.87B-1.72T-676.50B
Free Cash Flow1.00T282.03B-1.80T-2.07T2.61T
Free Cash Flow Margin3.89%1.06%-8.44%-7.91%8.74%
Free Cash Flow Per Share2,008.29598.46-4,725.86-5,780.236,549.61
Levered Free Cash Flow1.17T295.83B-768.97B-1.99T1.23T
Unlevered Free Cash Flow1.60T864.36B-316.83B-1.73T1.50T
Free Cash Flow After Leases951.24B211.02B-1.87T-2.15T2.55T
Cash Interest Paid711.32B915.86B990.88B500.86B470.14B
Cash Income Tax Paid161.46B139.78B290.10B153.97B118.31B
Change in Working Capital-2.12T-1.27T1.02T700.63B-1.02T

Ratios

Fiscal year January - December; amounts in KRW.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization2.77B4.09B3.09B3.52B3.54B7.39B
Enterprise Value12.59B13.18B12.88B15.57B15.49B17.16B
Last Close Price2.604.213.074.824.9610.10
PE Ratio26.097.42
PS Ratio0.150.230.170.210.170.29
PB Ratio0.490.750.560.520.390.60
P/TBV Ratio0.861.030.820.750.510.74
P/FCF Ratio2.445.8816.193.37
P/OCF Ratio1.192.511.892.711.481.53
EV/Sales Ratio0.690.740.710.950.740.68
EV/EBITDA Ratio4.744.494.9717.309.653.23
EV/EBIT Ratio37.2336.809.16
EV/FCF Ratio11.1118.9567.477.82
Debt / Equity Ratio1.761.621.811.901.330.86
Debt / EBITDA Ratio3.682.973.7513.497.211.99
Debt / FCF Ratio12.6851.844.88
Net Debt / Equity Ratio1.551.421.541.521.140.62
Net Debt / EBITDA Ratio3.292.623.2411.456.391.45
Net Debt / FCF Ratio11.0443.97-7.42-6.233.51
Asset Turnover0.860.780.600.710.82
Inventory Turnover8.609.257.778.048.90
Quick Ratio0.440.390.480.360.64
Current Ratio0.730.640.680.680.94
Return on Equity (ROE)3.82%-28.61%-25.65%-24.50%9.70%
Return on Assets (ROA)1.08%-1.02%-4.39%-3.53%3.81%
Return on Invested Capital (ROIC)2.35%1.59%-2.63%-10.83%-8.66%7.40%
Return on Capital Employed (ROCE)3.00%-3.30%-11.50%-9.60%9.20%
Earnings Yield-16.54%3.83%-56.14%-59.97%-68.95%13.48%
FCF Yield40.92%17.00%6.18%-39.49%-46.43%29.67%
Dividend Yield2.64%
Buyback Yield / Dilution0.01%-6.10%-23.73%-6.45%10.28%-11.46%
Total Shareholder Return0.01%-6.10%-23.73%-6.45%10.28%-8.81%