Operating globally through its subsidiaries, LG Energy Solution, Ltd. delivers a comprehensive suite of energy solutions across South Korea, China, the Asia/Oceania ...
LG Energy Solution, Ltd. (KR: 373220.KS) is a global battery and energy solutions provider headquartered in Seoul, South Korea. The company was established in December 2020 after LG Chem’s battery business was reorganized as a separate company. As a leading player in lithium-ion batteries, LG Energy Solution supports decarbonization and ...LG Energy Solution, Ltd. (KR: 373220.KS) is a global battery and energy solutions provider headquartered in Seoul, South Korea. The company was established in December 2020 after LG Chem’s battery business was reorganized as a separate company. As a leading player in lithium-ion batteries, LG Energy Solution supports decarbonization and grid stability by supplying battery components and complete energy systems for multiple end markets, most notably electric vehicles (EVs) and stationary energy storage.
Business and product focus:
LG Energy Solution’s core business centers on advanced automotive batteries for EVs. Its portfolio includes pouch-type cells as well as integrated modules and packs, supported by battery management system (BMS) technologies. Beyond passenger EV applications, the company also develops and supplies batteries for mobility and IT devices, such as smartphones, laptops, light electric vehicles, e-bicycles, power tools, and wireless earphones. In parallel, the company is active in the energy storage segment, offering ESS solutions that help power grids manage intermittency and peak demand.
Services and ecosystem support:
In addition to manufacturing, LG Energy Solution provides services related to energy deployment and operations, including aspects such as ESS installation and related facility/support services. This positions the company as not only a component supplier but also an integrator/operator within parts of the energy storage value chain.
Scale, geography, and operations:
The company operates globally through subsidiaries, with manufacturing and operations across South Korea, China, the Asia/Oceania region, the United States, Europe, and Africa. It runs a large production footprint (multiple production sites/countries) to support customer demand and supply-chain resilience. With tens of thousands of employees (reported around 32,760), it reflects the capital-intensive nature of battery manufacturing and engineering.
Cost, BOM, and financial perspective (context):
Battery manufacturing is typically driven by large bill-of-materials (BOM) components such as battery materials, electrodes, electrolytes, separators, and power-management electronics, along with significant direct manufacturing costs, logistics, and ongoing R&D. Like many battery manufacturers, LG Energy Solution is also sensitive to commodity cycles (e.g., materials) and large capex requirements for capacity expansion. The provided TTM financial context indicates margins and profitability fluctuations (e.g., negative operating/net profit margins in the snapshot), consistent with the industry’s competitiveness and investment cycle. Valuation and cash-flow measures suggest that free cash flow has been under pressure in the referenced period, which often aligns with aggressive capacity investment and working-capital needs in the battery sector.
Key people and governance:
The company is led by CEO Dong Myung Kim. Board and executive leadership reflect LG Group heritage while focusing on scaling manufacturing, technology development, and long-term supply agreements.
Wishes/trajectory:
LG Energy Solution’s stated direction is to continue building leadership in high-energy, high-safety battery technologies and to expand the energy storage business to support both transportation electrification and grid-scale energy transition.
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).
$23671.8B
-7.6%
+15.3%
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.
$-1072.8B
-5.3%
+65.2%
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.
+15.5%
+30.5%
+9.7%
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).
-1.3%
+64.0%
+147.3%
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.
-4.5%
-14.0%
+69.8%
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.
$-6401.6B
+13.6%
+21.2%
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.
-27.0%
+6.5%
+31.7%
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.
111.4%
+52.8%
+17.1%
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.
1.09x
-14.1%
+15.5%
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.
