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Financial statements

LG Display Co., Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data LG Display Co., Ltd. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2009
Revenue17,220
Cost of revenue15,318
Gross profit1,902
Selling, general and administrative1,024
Operating income597
Interest expense107
Interest income111
Other non-operating income275
Pre-tax income872
Income tax-82.1
Net income954
EBITDA2,990
EPS, basic2,670.00
EPS, diluted2,640.00

Balance sheet

FY2009
Cash and equivalents703
Inventory1,433
Other current assets72
Total current assets7,263
Property, plant and equipment8,307
Intangible assets195
Other non-current assets108
Total assets16,946
Accounts payable1,036
Accrued liabilities541
Short-term debt1,056
Total current liabilities5,612
Long-term debt1,786
Other non-current liabilities75.9
Total liabilities8,392
Total debt2,842
Paid-in capital1,940
Retained earnings4,953
Other comprehensive income124
Shareholders' equity8,554
Total equity8,554
Total liabilities and equity16,946
Shares outstanding358

Cash flow statement

FY2009
Net income954
Depreciation and amortization2,392
Deferred income tax-244
Change in receivables-784
Change in inventory-456
Cash from operations3,568
Capital expenditures-877
Purchases of investments-3,437
Cash from investing-3,910
Debt issued746
Debt repaid-823
Dividends paid-154
Cash from financing-101
Exchange rate effect-18.6
Net change in cash-460
Free cash flow2,690

Key metrics

Worked out from the statements above. Latest values use fiscal 2009. Valuation uses the share price of $2.98 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin11.0%Gross profit / revenue.
Operating margin3.5%Operating income / revenue.
EBITDA margin17.4%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin5.1%Pre-tax income / revenue.
Net margin5.5%Net income / revenue.
FCF margin15.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin20.7%Cash from operations / revenue.
Effective tax rate-9.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)11.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)5.6%Net income / average total assets.
Return on invested capital (ROIC)4.4%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue5.9%Selling, general and administrative expense / revenue.
Capex / revenue5.1%Capital expenditures / revenue.
D&A / revenue13.9%Depreciation and amortization / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.29xCurrent assets / current liabilities.
Quick ratio0.13x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.13x(Cash + short-term investments) / current liabilities.
Debt / equity0.33xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets16.8%Total debt / total assets.
Liabilities / assets49.5%Total liabilities / total assets.
Net debt$2.14BTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA0.72xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage5.56xOperating income / interest expense.
Working capital$1.65BCurrent assets - current liabilities.
Goodwill and intangibles / assets1.2%(Goodwill + intangible assets) / total assets.
Tangible book value$8.36BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.02xRevenue / average total assets.
Fixed asset turnover2.07xRevenue / average property, plant and equipment.
Inventory turnover10.7xCost of revenue / average inventory.
Days inventory34 days365 x average inventory / cost of revenue.
Days payables25 days365 x average accounts payable / cost of revenue.
FCF conversion281.8%Free cash flow / net income, when net income is positive.
Capex / operating cash flow24.6%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$2,640.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$2,670.00Net income per basic share, as reported (split-adjusted).
Book value per share$23.91Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$23.36Tangible book value / shares outstanding.
Cash per share$1.96(Cash + short-term investments) / shares outstanding.
Payout ratio16.1%Dividends paid / net income, when net income is positive.
Dividends / FCF5.7%Dividends paid / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$2.98BShare price x shares outstanding.
Enterprise value$5.12BMarket cap + total debt - cash - short-term investments.
P/E3.12xMarket cap / net income. Only when net income is positive.
P/S0.17xMarket cap / revenue.
P/B0.35xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.36xMarket cap / tangible book value, when positive.
P/FCF1.11xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF0.84xMarket cap / cash from operations, when positive.
EV/Sales0.30xEnterprise value / revenue.
EV/EBIT8.57xEnterprise value / operating income, when both are positive.
EV/EBITDA1.71xEnterprise value / EBITDA, when both are positive.
EV/FCF1.90xEnterprise value / free cash flow, when both are positive.
FCF yield90.3%Free cash flow / market cap.
Earnings yield32.0%Net income / market cap (the inverse of P/E).
Dividend yield5.2%Dividends paid over the period / market cap.
Shareholder yield5.2%(Dividends paid + share buybacks) / market cap.
What was LG Display Co., Ltd.'s revenue in fiscal 2009?

LG Display Co., Ltd. reported revenue of $17.22B for fiscal 2009.

Was LG Display Co., Ltd. profitable in fiscal 2009?

Yes. Net income was $954.5M, a net margin of 5.5%.

How much free cash flow did LG Display Co., Ltd. generate in fiscal 2009?

Cash from operations of $3.57B minus capital expenditures of $877.4M left free cash flow of $2.69B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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