Lotte Shopping Co., Ltd. financial statements, 6 years: Operating income of KRW 473.1bn but a net loss of KRW 994.1bn in 2024
Consolidated financial statements for 2020–2025 and the 2026 half-year report that Lotte Shopping Co., Ltd. filed with DART, laid out by year. No interpretation or outlook.
Lotte Shopping Co., Ltd. financial statements, 6 years: Operating income of KRW 473.1bn but a net loss of KRW 994.1bn in 2024
The consolidated financial statements in the 2020–2025 annual reports that Lotte Shopping Co., Ltd. (023530) 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 — operating income and net income had opposite signs in 4 years
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 16.18tn | — | 346.1bn | — | 2.1% | −710.2bn |
| 2021 | 15.57tn | −3.77% | 207.6bn | −40.01% | 1.3% | −273.0bn |
| 2022 | 15.48tn | −0.63% | 386.2bn | +86.04% | 2.5% | −318.7bn |
| 2023 | 14.56tn | −5.95% | 508.4bn | +31.63% | 3.5% | 169.2bn |
| 2024 | 13.99tn | −3.91% | 473.1bn | −6.94% | 3.4% | −994.1bn |
| 2025 | 13.74tn | −1.77% | 547.0bn | +15.62% | 4.0% | 73.6bn |
Revenue was largest in 2020 at KRW 16.18tn and smallest in 2025 at KRW 13.74tn among the six years. It fell from the previous year 5 times: 2021 (−3.77%), 2022 (−0.63%), 2023 (−5.95%), 2024 (−3.91%), 2025 (−1.77%).
Operating income was largest in 2025 at KRW 547.0bn and smallest in 2021 at KRW 207.6bn. The operating margin was highest in 2025 at 4.0%.
Net income was largest in 2023 at KRW 169.2bn and smallest in 2024 at KRW −994.1bn.
2. Financial position — equity became 1.52x
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 32.83tn | 11.09tn | 196.1% | 71.7% |
| 2021 | 33.43tn | 11.80tn | 183.3% | 77.8% |
| 2022 | 31.70tn | 11.04tn | 187.3% | 58.2% |
| 2023 | 30.64tn | 10.84tn | 182.8% | 51.0% |
| 2024 | 39.00tn | 17.03tn | 129.0% | 56.1% |
| 2025 | 37.91tn | 16.87tn | 124.8% | 52.0% |
The debt ratio was highest in 2020 at 196.1% and lowest in 2025 at 124.8%.
Over the same period total assets went from KRW 32.83tn to KRW 37.91tn (1.15x), and total equity went from KRW 11.09tn to KRW 16.87tn and became 1.52x.
The current ratio was below 100% in all six years — current liabilities exceeded current assets every year. It ranged from 51.0% to 77.8%.
3. Cash flow — positive in all six years
| Fiscal year | Operating cash flow | Net income | ROE |
|---|---|---|---|
| 2020 | 1.49tn | −710.2bn | −6.4% |
| 2021 | 1.83tn | −273.0bn | −2.3% |
| 2022 | 1.63tn | −318.7bn | −2.9% |
| 2023 | 1.64tn | 169.2bn | 1.6% |
| 2024 | 1.59tn | −994.1bn | −5.8% |
| 2025 | 1.72tn | 73.6bn | 0.4% |
Operating cash flow was positive in all six years. It was largest in 2021 at KRW 1.83tn and smallest in 2020 at KRW 1.49tn.
ROE was highest in 2023 at 1.6% and lowest in 2020 at −6.4%.
4. Latest half-year report (end of H1, 57th 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 | 7.07tn | 6.81tn | +3.82% |
| Operating income | 342.8bn | 188.9bn | +81.49% |
| Net income | 158.5bn | 7.8bn | +1932.92% |
| Operating cash flow | 612.3bn | — | — |
At the end of the period, total assets were KRW 38.47tn, total liabilities KRW 21.36tn and total equity KRW 17.11tn.
The cumulative operating margin was 4.8%.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: Lotte Corporation, stake 40.00%
- Cash dividend per share KRW 4,000, payout ratio 219.30%, dividend yield 4.63%
- Employees: 17,712, average pay per employee KRW 54m
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 2026-10-10; ratios divide the filed account amounts.
This article is for information only and is not investment advice.