LS Eco Energy Ltd. (KRX: 229640), headquartered in Seoul, South Korea, was founded in 2015. The company operates as a holding and business platform for cable-and-system manufacturing and distribution through its subsidiaries, with management led by CEO Sang-Ho Lee. Historically known as LS Cable & System Asia, the firm has ...LS Eco Energy Ltd. (KRX: 229640), headquartered in Seoul, South Korea, was founded in 2015. The company operates as a holding and business platform for cable-and-system manufacturing and distribution through its subsidiaries, with management led by CEO Sang-Ho Lee. Historically known as LS Cable & System Asia, the firm has been positioning itself for a “second wave of growth” by broadening beyond standard cable businesses into more specialized energy-related areas and strategic materials.
From an operating perspective, LS Eco Energy’s core revenue-generating activities center on electrical power and infrastructure supply chains. Through its divisions—including LS-VINA Cable & System, LS Cable & System Vietnam, and LS-Gaon Cable Myanmar—the company provides high-voltage (HV), medium-voltage (MV), and low-voltage (LV) electric power cables, overhead wires, and industrial cable-related materials. In addition to power transmission components, the Vietnam-focused units also supply optical and UTP communication cables, as well as MV/LV electric power cables and busducts—products that are typically used in data/power distribution and industrial facilities.
The company’s expansion efforts also indicate an interest in strategic, higher-complexity inputs and technologies. For example, news and company communications referenced in the provided materials mention the pursuit of rare-earth-related production involving materials used for defense and other demanding applications. This suggests a longer-term objective of developing capabilities in key materials that can support electrification and advanced manufacturing ecosystems.
In terms of scale and cost structure, LS Eco Energy is listed with very small headcount (reported around 5–6 full-time employees), which is consistent with a holding-model approach where manufacturing and operational execution is largely carried out by subsidiaries and local operating entities. This structure can affect cost allocations and financial reporting: corporate-level overhead may be limited, while production-related costs, supply-chain costs, and working-capital needs are typically concentrated within operating subsidiaries. Financially, the provided snapshot highlights performance metrics and balance-sheet characteristics consistent with a cable-and-systems business where working capital and inventory/receivables cycles matter.
From a financial and operational perspective, cable manufacturers and cable-system distributors often experience margin sensitivity due to commodity inputs (e.g., metals and insulation materials), project timing, customer payment terms, and competitive pricing. LS Eco Energy’s operational cycle and working-capital intensity can therefore be expected to drive cash conversion dynamics, making liquidity management important.
Overall, LS Eco Energy combines (1) established manufacturing/distribution of power and communications cable solutions—especially through Vietnam and Myanmar operations—with (2) a strategic direction toward specialized energy and key materials initiatives, supported by leadership aligned with corporate transformation and new-business expansion.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$960.1B
+10.5%
+14.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$42.1B
+34.7%
+149.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+10.3%
+25.3%
+10.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+7.0%
+35.0%
+33.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+4.4%
+21.9%
+116.9%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$70.4B
+320.4%
-89.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+7.3%
+280.5%
-90.7%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
66.1%
-28.8%
-13.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.53x
+13.0%
+3.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
