Analysis
LG Energy Solution 2024 Annual Results: Revenue Down 24%, IRA Credits Double
LG Energy Solution
📍 Seoul, South Korea · Est. 2020Listed · KRX: 373220
Researched by 17 professionals in the last 30 days↓
Genel bakış
LG Energy Solution, split off from LG Chem in December 2020 and headquartered in Seoul, South Korea, is one of the world's largest battery manufacturers. The company supplies both NMC and LFP cells for energy storage to integrators worldwide, and closed 2025 with a 140 GWh ESS order backlog. Manufacturing runs through Ochang in South Korea, Wroclaw in Poland, Nanjing in China and Michigan in the United States.
Bir bakışta
KRW 23.7T (~US$17.5B)
Gelir
Ürünler
LG Energy Solution offers 2 BESS products across 2 categories: Battery Cell, DC Block.
Battery Cell
JF2S Cell
Özellikleri görüntüle
DC Block
JF2S DC LINK
5 MWh
Özellikleri görüntüle
Küresel varlık
LG Energy Solution is headquartered in Seoul, South Korea with manufacturing in South Korea, Poland, USA (Michigan), China. 5 known facilities worldwide.
HQ
Manufacturing
Tesisler
Genel merkez
Seoul, South Korea
Üretim
Ochang, North Chungcheong, South KoreaWroclaw, PolandNanjing, Jiangsu, ChinaMichigan, United States
Mali veriler ve raporlar
LG Energy Solution is publicly listed (KRX: 373220). Key figures from FY2025. Annual report available for download.
Temel rakamlar
KRW 23.7T (~US$17.5B)
Gelir
-KRW 1.07T (~-US$795M)
Net gelir
17.9%
Brüt kâr marjı
BBB (S&P)
Kredi notu
Source: 2025 consolidated audit report. Revenue KRW 23,671,759M, down 7.6%. Operating profit KRW 1,346,120M, up 133.9%, a 5.7% margin including the North American production incentive. Net income shown is the result attributable to owners of the parent, a loss of KRW 1,072,810M; profit for the year including non-controlling interests was positive at KRW 80,803M. Credit rating is carried over from the previous profile and was not re-verified this run.
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Analysis
LG Energy Solution 2025 Annual Results: Operating Profit Doubles to KRW 1.35 Trillion, Yet Shareholders Post a KRW 1.07 Trillion Loss
Borsa performansı
Sürdürülebilirlik
LG Energy Solution publishes an ESG report covering environmental, social, and governance practices. Key metrics from 2024.
Temel ESG rakamları
5.73 tCO2e/100M KRW
Sera gazı yoğunluğu
91%
Geri dönüştürülen atık
4,527
Ar-Ge personeli
Source: 2024 ESG report. GHG intensity is Scope 1 and 2, market-based. Waste recycling rate 91%, up from 83% in 2022. 32,071 employees across 11 countries, 20,311 of them overseas. Target of RE100 by 2030.
Sertifikalar ve uyumluluk
LG Energy Solution holds 3 certifications covering quality management, environmental standards, and safety compliance.
ISO 9001
ISO 14001
ISO 45001
