Last 269,500 KRW
Change Today -4,500.00 / -1.64%
Volume 175.2K
051910 On Other Exchanges
Symbol
Exchange
OTC US
OTC US
London
Korea SE
Korea SE
As of 2:28 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

lg chem ltd (051910) Snapshot

Open
272,000
Previous Close
274,000
Day High
274,500
Day Low
269,500
52 Week High
10/17/13 - 324,500
52 Week Low
03/14/14 - 235,500
Market Cap
17.9T
Average Volume 10 Days
140.6K
EPS TTM
14,660
Shares Outstanding
66.3M
EX-Date
12/27/13
P/E TM
18.4x
Dividend
4,000
Dividend Yield
1.48%
Current Stock Chart for LG CHEM LTD (051910)

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lg chem ltd (051910) Details

LG Chem, Ltd. is engaged in the petrochemicals, information and electronic materials, and batteries businesses in South Korea and internationally. Its Petrochemicals segment produces feedstock, including ethylene and propylene, as well as polyethylene and polypropylene products; polyvinyl chloride for use in construction and everyday materials; acrylonitrile -butadiene-styrene for use in electric/electronic and automotive parts, industrial materials, and household goods; engineering plastics that are used in electric/electronic, automotive, and IT and electronic parts; and acrylates/plasticizers. This segment also provides rubber/specialty polymers, including butadiene based synthetic rubber for tires and packing; methacrylate-butadiene-styrene impact modifiers; styrene-butadiene-styrene asphalt and plastic modifiers; latex for paper coating and gloves; and bisphenol-A for polycarbonate and epoxy resins. The company’s Information & Electronic Materials segment offers display products, such as polarizers and 3D FPR; photoresists, strippers for LCDs, OLED materials, and battery and circuit board materials for electronics materials sector; films, such as touch panel materials and solar cell films; LCD glass substrates; and OLED lighting products. Its Batteries segment manufactures and supplies batteries for portable media devices comprising laptop computers, camcorders, mobiles, and PDAs, as well as for electric vehicles and energy storage systems. LG Chem, Ltd. was founded in 1947 and is based in Seoul, South Korea.

21,966 Employees
Last Reported Date: 05/29/14
Founded in 1947

lg chem ltd (051910) Top Compensated Officers

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Executives, Board Directors

lg chem ltd (051910) Key Developments

LG Chem Announces Financial Results for the Second Quarter Ended 30 June 2014; Provides Earnings Outlook for the Third Quarter of 2014

LG Chem announced financial results for the second quarter ended 30 June 2014. Net sales declined marginally, by 8% year on year to KRW 5.87 trillion. The company's operating income was down 28.3% year on year to KRW 359.6 billion, while net income fell 43.4% year on year to KRW 226.8 billion. During the quarter, overall profitability of the energy solutions segment improved due to increased sales of lithium-ion batteries. However, the primary cause of decline in overall net profit was weak performance in the petrochemicals segment, owing to the stronger won and slow recovery of the sluggish petrochemical industry. Nevertheless, decrease in the company's net income was partially offset by the IT and electronic materials segment along with the energy solutions segment. For the third quarter of 2014, the company expects increased demand for premium products such as stepped batteries in the Energy Solutions segment, following new product launches by customers. The company projects growth in batteries for electric vehicle (EVs) to accelerate with the rising number of new OEM customers in automotive industry, most recently with Audi. Furthermore, the company expects gradual recovery of the petrochemicals industry, as it plans to mainly focus on sharpening competitive edge in the segment by enhancing differentiated product streams and expanding sales of high-value-added products. Improvements in overall profitability of the IT and electronic materials segment is also expected due to additional cost reductions.

LG Chem Secures New Battery Contract from Audi

LG Chem has secured a new battery contract with Audi to power the latter's plug-in hybrid electric vehicles (HEVs). Although the supplier did not disclose further details, including the total value of the deal, the delivery of batteries is expected to start around the time of the launch of Audi's new vehicles. The batteries will be used in Audi's next-generation plug-in HEVs.

LG Chem to Launch 200 Mile Range EV Battery by 2016

LG Chem announced that it is likely to launch its second-generation battery for long-range electric vehicles (EVs) in 2016. The battery is being developed for models that require at least 200 miles (322 kilometres) of electric-only range. The Model III is expected to hit the market in 2017.

 

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051910

Industry Average

Valuation 051910 Industry Range
Price/Earnings 19.3x
Price/Sales 0.9x
Price/Book 1.7x
Price/Cash Flow 16.1x
TEV/Sales 0.6x
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