LG Energy Solution, Ltd. (LGENERGY) balance sheet

KSC · Industrials · Electrical Equipment & Parts · 12,922 employees · CEO Dong Myung Kim

Price: ₩356,000.00 -0.97%
Market cap: ₩83.3T
Enterprise value: ₩105T
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-03 EPS est. ₩2,232.72

At the end of Q2 '26 LG Energy Solution, Ltd. (LGENERGY) held ₩7.26T in cash and short-term investments against ₩29.1T of debt incl. leases. Total assets ₩77.9T, total liabilities ₩47.6T, shareholders' equity ₩22.3T.

Balance sheet

Balance sheet	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Assets
Cash & equivalents	₩4.87T	₩5.07T	₩5.29T	₩3.87T	₩5.39T	₩3.9T	₩3.57T	₩5.44T	₩5.32T	₩3.78T	₩3.74T	₩7.17T
Short-term investments	₩0	₩0	₩0	₩0	₩91.4B	₩0	₩0	₩280M	₩308M	₩0	₩74.7B	₩87.2B
Receivables	₩6.13T	₩5.13T	₩5.48T	₩5.55T	₩5.78T	₩5.55T	₩6.05T	₩5.19T	₩5.55T	₩4.9T	₩5.72T	₩6.75T
Inventory	₩6.94T	₩5.4T	₩5.66T	₩5.55T	₩5.37T	₩4.55T	₩4.28T	₩4.05T	₩4.88T	₩4.35T	₩5.35T	₩6.45T
Other current assets	₩177B	₩1.16T	₩856B	₩1.02T	₩1.01T	₩1T	₩747B	₩1.04T	₩688B	₩4.63T	₩4.78T	₩1.31T
Current assets	₩18.6T	₩17.2T	₩17.8T	₩16.5T	₩18.1T	₩15.3T	₩15.1T	₩16.3T	₩17.1T	₩18.3T	₩20.5T	₩22.4T
Property, plant & equipment (net)	₩21.4T	₩23.7T	₩26.5T	₩30T	₩32.7T	₩38.3T	₩40.3T	₩40T	₩42.9T	₩40.8T	₩42.5T	₩45.9T
Long-term investments	₩1.94T	₩1.05T	₩1.16T	₩736B	₩785B	₩1.89T	₩823B	₩845B	₩1.58T	₩2.15T	₩2.89T	₩3.22T
Intangible assets	₩763B	₩876B	₩933B	₩964B	₩1.13T	₩1.28T	₩1.45T	₩1.41T	₩1.43T	₩1.59T	₩1.66T	₩1.74T
Deferred tax assets	₩2.29T	₩2.23T	₩2.38T	₩2.48T	₩2.8T	₩2.77T	₩2.85T	₩3T	₩3.08T	₩2.99T	₩3.12T	₩3.16T
Other non-current assets	₩192B	₩424B	₩443B	₩862B	₩1.12T	₩677B	₩4.61T	₩1.39T	₩921B	₩1.29T	₩1.14T	₩1.41T
Non-current assets	₩26.6T	₩28.2T	₩31.4T	₩35T	₩38.5T	₩45T	₩47.2T	₩46.6T	₩49.9T	₩48.8T	₩51.3T	₩55.5T
Total assets	₩45.2T	₩45.4T	₩49.3T	₩51.5T	₩56.6T	₩60.3T	₩62.3T	₩63T	₩67T	₩67.1T	₩71.8T	₩77.9T
Liabilities
Accounts payable	₩4.32T	₩3.09T	₩3.15T	₩2.98T	₩2.94T	₩2.71T	₩2.83T	₩2.21T	₩2.33T	₩2.15T	₩2.96T	₩3.68T
Accrued expenses	₩0	₩297B	₩204B	₩261B	₩0	₩0	₩223B	₩0	₩0	₩0	₩0	₩0
Short-term debt	₩2.74T	₩3.16T	₩3.23T	₩3.69T	₩4.36T	₩2.41T	₩3.07T	₩4.64T	₩6.86T	₩6.69T	₩8.53T	₩6.86T
Taxes payable	₩138B	₩33.3B	₩85.2B	₩110B	₩51.2B	₩15.6B	₩0	₩26.5B	₩76.7B	₩0	₩0	₩0
Deferred revenue	₩4.17T	₩257B	₩246B	₩266B	₩231B	₩142B	₩0	₩19.5B	₩398B	₩668B	₩23.1B	₩972B
Other current liabilities	-₩130B	₩4.04T	₩3.34T	₩4.02T	₩1.27T	₩1.45T	₩5.66T	₩1.59T	₩6.85T	₩7.19T	₩8.19T	₩7.19T
Current liabilities	₩11.3T	₩10.9T	₩10.3T	₩11.3T	₩12.4T	₩12.1T	₩11.9T	₩13.5T	₩16.2T	₩16.8T	₩19.8T	₩18.8T
Long-term debt	₩7.74T	₩7.63T	₩9.47T	₩9.42T	₩12.2T	₩12.6T	₩14.2T	₩15.9T	₩15.5T	₩15.5T	₩15.8T	₩19.6T
Lease obligations (non-current)	₩75.6B	₩92.4B	₩104B	₩94.4B	₩253B	₩259B	₩248B	₩220B	₩297B	₩313B	₩315B	₩2.69T
Deferred revenue (non-current)	₩312B	₩1.39T	₩1.44T	₩1.46T	₩1.37T	₩2.49T	₩84.3B	₩2.19T	₩1.92T	₩1.75T	₩22.2B	₩1.91T
Deferred tax liabilities	₩69.8B	₩20B	₩52.7B	₩62B	₩54.9B	₩60.7B	₩61.9B	₩32.1B	₩48.8B	₩49.7B	₩135B	₩185B
Other non-current liabilities	₩1.01T	₩992B	₩1.2T	₩1.54T	₩1.87T	₩1.84T	₩4.55T	₩2.81T	₩3.32T	₩3.41T	₩5.76T	₩4.43T
Non-current liabilities	₩9.21T	₩10.1T	₩12.3T	₩12.6T	₩15.8T	₩17.3T	₩19.2T	₩21.2T	₩21.1T	₩21T	₩22.1T	₩28.8T
Total liabilities	₩20.5T	₩21.1T	₩22.6T	₩23.9T	₩28.1T	₩29.3T	₩31T	₩34.7T	₩37.3T	₩37.8T	₩41.9T	₩47.6T
Equity
Common stock & paid-in capital	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B	₩117B
Retained earnings	₩2.42T	₩2.36T	₩2.36T	₩1.89T	₩2.02T	₩1.4T	₩1.24T	₩936B	₩1.18T	₩332B	-₩345B	-₩723B
Accumulated other comprehensive income	₩815B	₩555B	₩1.05T	₩1.48T	₩911B	₩2.44T	₩2.64T	₩1.39T	₩2.06T	₩2.6T	₩3.92T	₩4.48T
Shareholders' equity	₩20.5T	₩20.2T	₩20.7T	₩20.6T	₩20.2T	₩21.1T	₩21.2T	₩19.6T	₩20.5T	₩20.2T	₩22.2T	₩22.3T
Debt
Total debt (incl. leases)	₩10.6T	₩10.9T	₩12.9T	₩13.3T	₩16.9T	₩15.4T	₩17.6T	₩20.9T	₩22.7T	₩22.5T	₩24.7T	₩29.1T
Net debt (debt - cash)	₩5.73T	₩5.86T	₩7.57T	₩9.4T	₩11.5T	₩11.5T	₩14T	₩15.4T	₩17.4T	₩18.7T	₩20.9T	₩22T

Balance sheet	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	₩1.49T	₩1.28T	₩5.94T	₩5.07T	₩3.9T	₩3.78T
Short-term investments	₩600B	₩1.07B	₩0	₩0	₩0	₩0
Receivables	₩3.15T	₩3.73T	₩5.23T	₩5.68T	₩5.55T	₩4.9T
Inventory	₩3.04T	₩3.9T	₩7T	₩5.4T	₩4.55T	₩4.35T
Other current assets	₩411B	₩89B	₩167B	₩844B	₩1T	₩4.63T
Current assets	₩9.09T	₩9.54T	₩18.8T	₩17.2T	₩15.3T	₩18.3T
Property, plant & equipment (net)	₩8.68T	₩11.1T	₩15.3T	₩23.7T	₩38.3T	₩40.8T
Long-term investments	-₩492B	₩479B	₩1.3T	₩1.05T	₩1.89T	₩2.15T
Intangible assets	₩326B	₩455B	₩642B	₩876B	₩1.28T	₩1.59T
Deferred tax assets	₩1.36T	₩1.86T	₩2.1T	₩2.23T	₩2.77T	₩2.99T
Other non-current assets	₩982B	₩388B	₩124B	₩2.65T	₩677B	₩1.29T
Non-current assets	₩10.9T	₩14.2T	₩19.5T	₩28.2T	₩45T	₩48.8T
Total assets	₩19.9T	₩23.8T	₩38.3T	₩45.4T	₩60.3T	₩67.1T
Liabilities
Accounts payable	₩2.59T	₩2.18T	₩3.84T	₩3.09T	₩2.71T	₩2.15T
Accrued expenses	₩0	₩0	₩448B	₩297B	₩0	₩0
Short-term debt	₩1.11T	₩2.18T	₩2.83T	₩3.16T	₩2.41T	₩6.69T
Taxes payable	₩73.8B	₩155B	₩173B	₩33.3B	₩15.6B	₩0
Deferred revenue	₩3.17T	₩5.09T	₩4.73T	₩257B	₩142B	₩668B
Other current liabilities	-₩72.9B	-₩155B	-₩612B	₩4.04T	₩1.45T	₩7.19T
Current liabilities	₩6.89T	₩9.47T	₩11.4T	₩10.9T	₩12.1T	₩16.8T
Long-term debt	₩5.02T	₩4.71T	₩5.16T	₩7.63T	₩12.6T	₩15.5T
Lease obligations (non-current)	₩15.9B	₩57.2B	₩85.3B	₩92.4B	₩259B	₩313B
Deferred revenue (non-current)	₩68.6B	₩105B	₩330B	₩1.39T	₩2.49T	₩1.75T
Deferred tax liabilities	₩27.5B	₩59.2B	₩108B	₩20B	₩60.7B	₩49.7B
Other non-current liabilities	₩355B	₩618B	₩580B	₩992B	₩1.84T	₩3.41T
Non-current liabilities	₩5.49T	₩5.55T	₩6.26T	₩10.1T	₩17.3T	₩21T
Total liabilities	₩12.4T	₩15T	₩17.7T	₩21.1T	₩29.3T	₩37.8T
Equity
Common stock & paid-in capital	₩100B	₩100B	₩117B	₩117B	₩117B	₩117B
Retained earnings	-₩453B	₩338B	₩1.15T	₩2.36T	₩1.4T	₩332B
Accumulated other comprehensive income	₩1.21B	₩406B	₩296B	₩555B	₩2.44T	₩2.6T
Shareholders' equity	₩6.88T	₩7.97T	₩18.7T	₩20.2T	₩21.1T	₩20.2T
Debt
Total debt (incl. leases)	₩6.16T	₩6.97T	₩8.11T	₩10.9T	₩15.4T	₩22.5T
Net debt (debt - cash)	₩4.67T	₩5.69T	₩2.17T	₩5.86T	₩11.5T	₩18.7T

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in KRW.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02