LG Display Co., Ltd. financial statements, 6 years: Back to a profit in 2025 after a net loss of KRW 2.41tn in 2024
Consolidated financial statements for 2020–2025 and the 2026 half-year report that LG Display Co., Ltd. filed with DART, laid out by year. No interpretation or outlook.
LG Display Co., Ltd. financial statements, 6 years: Back to a profit in 2025 after a net loss of KRW 2.41tn in 2024
The consolidated financial statements in the 2020–2025 annual reports that LG Display Co., Ltd. (034220) filed with Korea’s DART electronic disclosure system, laid out by year. Figures from the 2026 half-year report cover a different period and are shown separately. Every figure below is taken as filed in the DART submissions; there is no interpretation or outlook. Amounts are in Korean won (KRW; bn = billion, tn = trillion).
1. Income statement — the sign of net income changed in 3 years
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 24.26tn | — | −36.5bn | — | −0.1% | −76.1bn |
| 2021 | 29.88tn | +23.15% | 2.23tn | turned to profit | 7.5% | 1.33tn |
| 2022 | 26.15tn | −12.47% | −2.09tn | turned to loss | −8.0% | −3.20tn |
| 2023 | 21.33tn | −18.43% | −2.51tn | loss widened | −11.8% | −2.58tn |
| 2024 | 26.62tn | +24.77% | −560.6bn | loss narrowed | −2.1% | −2.41tn |
| 2025 | 25.81tn | −3.03% | 517.0bn | turned to profit | 2.0% | 303.8bn |
Revenue was largest in 2021 at KRW 29.88tn and smallest in 2023 at KRW 21.33tn among the six years. It fell from the previous year 3 times: 2022 (−12.47%), 2023 (−18.43%), 2025 (−3.03%).
Operating income was largest in 2021 at KRW 2.23tn and smallest in 2023 at KRW −2.51tn. The operating margin was highest in 2021 at 7.5%.
Net income was largest in 2021 at KRW 1.33tn and smallest in 2022 at KRW −3.20tn.
2. Financial position — equity fell 38.4%
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 35.07tn | 12.73tn | 175.4% | 100.8% |
| 2021 | 38.15tn | 14.76tn | 158.5% | 94.2% |
| 2022 | 35.69tn | 11.32tn | 215.3% | 67.6% |
| 2023 | 35.76tn | 8.77tn | 307.7% | 68.4% |
| 2024 | 32.86tn | 8.07tn | 307.0% | 63.8% |
| 2025 | 26.92tn | 7.84tn | 243.4% | 72.8% |
The debt ratio was highest in 2023 at 307.7% and lowest in 2021 at 158.5%.
Over the same period total assets went from KRW 35.07tn to KRW 26.92tn (0.77x), and total equity went from KRW 12.73tn to KRW 7.84tn and fell 38.4%.
The current ratio was below 100% in 5 years, 2021, 2022, 2023, 2024 and 2025 — in those years current liabilities exceeded current assets.
3. Cash flow — positive in all six years
| Fiscal year | Operating cash flow | Net income | ROE |
|---|---|---|---|
| 2020 | 2.28tn | −76.1bn | −0.6% |
| 2021 | 5.75tn | 1.33tn | 9.0% |
| 2022 | 3.01tn | −3.20tn | −28.2% |
| 2023 | 1.68tn | −2.58tn | −29.4% |
| 2024 | 2.41tn | −2.41tn | −29.8% |
| 2025 | 2.35tn | 303.8bn | 3.9% |
Operating cash flow was positive in all six years. It was largest in 2021 at KRW 5.75tn and smallest in 2023 at KRW 1.68tn.
ROE was highest in 2021 at 9.0% and lowest in 2024 at −29.8%.
4. Latest half-year report (end of H1, 42nd fiscal period, consolidated basis)
The period differs, so these figures cannot be compared directly with the annual tables above. Only cumulative figures for the same period of the previous year are compared.
| Item | 2026 cumulative | Same period last year | Change |
|---|---|---|---|
| Revenue | 11.15tn | 11.65tn | −4.34% |
| Operating income | 39.0bn | −82.6bn | turned to profit |
| Net income | −994.5bn | 653.7bn | turned to loss |
| Finance income | 411.6bn | 545.9bn | −24.61% |
| Operating cash flow | 996.6bn | — | — |
At the end of the period, total assets were KRW 27.50tn, total liabilities KRW 19.85tn and total equity KRW 7.65tn.
The cumulative operating margin was 0.3%.
No rate of change is computed for operating income and net income, because the sign changed between the two periods.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: LG Electronics Inc., stake 36.72%
- No cash dividend was reported in the 2025 annual report
- Employees: 24,430, average pay per employee KRW 86m
How to read this
This page lays out the filed figures by year and nothing more. Financial statements do not say why the numbers moved, so neither do we.
The order of publication follows revenue in the latest fiscal year and has nothing to do with the content.
To check the same figures, search for the company on DART and open the consolidated financial statements in its annual reports. Every number here was computed from the 2020–2025 annual reports and the interim report downloaded through the OpenDART API on 2026-09-29; ratios divide the filed account amounts.
This article is for information only and is not investment advice.