OverviewSuggest Edit

LG Electronics is a company that provides electronic solutions. It offers a range of products, including televisions, home theater systems, refrigerators, washing machines, computer monitors, wearable devices, smart appliances, and smartphones. It operates through several segments, including HVAC, Commercial Display, Solar, Commercial Laundry, Monitor and PC, Compressor and Motor, and ESS.

TypePublic
Founded1958
HQSeoul, KR
Websitelg.com
Employee Ratings3.4
Overall CultureA+

Latest Updates

Employees (est.) (Jul 2021)75,890(+3%)
Revenue (FY, 2020)₩63.3 T(+2%)
Share Price (Sept 2021)₩142 K
Cybersecurity ratingDMore

Key People/Management at LG Electronics

Bong Seok Kwon

Bong Seok Kwon

Representative Director, CEO, President
Young Soo Kwon

Young Soo Kwon

Vice Chairman
Doo Yong Bae

Doo Yong Bae

Representative Director, CFO Executive Vice President
Dae Hyung Kim

Dae Hyung Kim

Independent Director, Audit Committee
Yong Ho Baek

Yong Ho Baek

Independent Director, Audit Committee
Soo Jin Kang

Soo Jin Kang

Independent Director
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LG Electronics Office Locations

LG Electronics has offices in Seoul, Alpharetta, Huntsville, Chéraga and in 45 other locations
Seoul, KR (HQ)
LG Twin Tower, Yeoeuido-dong
Chéraga, DZ
98 Boulevard Mohamed Boudiaf
Caba, AR
Carlos M. Della Paolera 265
Eastern Creek, AU
2 Wonderland Dr
Wien, AT
Office Campus Gasometer Guglgasse 15/4a/1.OG
Edegem, BE
Prins Boudewijnlaan 41
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LG Electronics Financials and Metrics

LG Electronics Revenue

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LG Electronics's revenue was reported to be ₩63.26 t in FY, 2020 which is a 1.5% increase from the previous period.
KRW

Revenue (Q1, 2021)

18.8t

Gross profit (Q1, 2021)

4.9t

Gross profit margin (Q1, 2021), %

25.9%

Net income (Q1, 2021)

1.2t

EBIT (Q1, 2021)

1.5t

Market capitalization (15-Sept-2021)

26.6t

Closing stock price (15-Sept-2021)

142.0k

Cash (31-Mar-2021)

6.3t

EV

30.9t
LG Electronics's current market capitalization is ₩26.6 t.
Annual
KRWFY, 2018FY, 2019FY, 2020

Revenue

61.3t62.3t63.3t

Revenue growth, %

2%2%

Cost of goods sold

46.3t47.0t46.9t

Gross profit

15.1t15.3t16.3t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

14.9t15.6t15.7t14.7t12.8t16.9t18.8t

Cost of goods sold

11.2t11.7t11.6t10.8t9.5t12.3t13.9t

Gross profit

3.7t4.0t4.1t3.9t3.4t4.6t4.9t

Gross profit Margin, %

25%25%26%26%26%27%26%
Annual
KRWFY, 2018FY, 2019FY, 2020

Cash

4.3t4.8t5.9t

Accounts Receivable

6.4t6.4t7.2t

Inventories

6.0t5.9t7.4t

Current Assets

19.4t19.8t23.2t
Quarterly
KRWQ1, 2019Q2, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

4.1t3.9t4.9t5.5t6.6t6.3t

Accounts Receivable

7.2t7.4t6.6t5.7t7.8t8.2t

Inventories

6.1t9.2t6.3t6.0t7.3t8.0t

Current Assets

20.2t20.1t20.5t19.9t24.5t25.3t
Annual
KRWFY, 2018FY, 2019FY, 2020

Net Income

1.5t179.9b2.1t

Depreciation and Amortization

2.0t2.5t2.6t

Inventories

(157.0b)79.4b(2.0t)

Accounts Payable

(998.0b)(477.2b)2.5t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

578.0b684.0b1.0t1.1t1.2t1.8t1.2t

Depreciation and Amortization

608.6b1.2t1.9t647.4b1.3t2.0t733.7b

Inventories

(37.2b)(28.8b)(685.8b)(364.6b)(162.2b)(1.6t)

Accounts Payable

382.5b(1.8b)638.3b145.1b(553.6b)2.6t
KRWFY, 2018

EV/EBIT

2.5 x

EV/CFO

1.5 x

Revenue/Employee

844.8m

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x
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LG Electronics Operating Metrics

FY, 2017FY, 2018FY, 2019

Business Sites

9595137

Production Subsidiaries

414138

Sales Subsidiaries

444438
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LG Electronics Acquisitions / Subsidiaries

Company NameDateDeal Size
AlphonsoJanuary 06, 2021$80 m
Alphonso Labs Private LimitedMarch 31, 2020
QINGGONGLIAN ELECTRICAL INSTALLATION ENGINEERING CO., LTD.March 05, 2019
ZKW GroupApril 26, 2018$1.5 b
ACE R&A Co., Ltd.
EASYTEC GLOBAL SERVICES INNOVATION LIMITED
Hanuri Co., Ltd.
Hi Entech Co., Ltd.
HiEntech (Tianjin) Co., LTD.
Hi M Solutek Co., Ltd.
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LG Electronics Revenue Breakdown

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LG Electronics revenue breakdown by business segment: 8.2% from Mobile Communications, 35.1% from Home Appliance & Air Solution, 14.4% from Innotek, 9.2% from Vehicle Components, 20.8% from Home Entertainment, 9.5% from Business Solutions and 2.8% from Other

Human Capital Metrics

Source: www.lg.com
LG Electronics's employees are reported to be approximately 20% female and 80% male.
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LG Electronics Cybersecurity Score

Cybersecurity ratingPremium dataset

D

65/100

SecurityScorecard logo

LG Electronics Online and Social Media Presence

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LG Electronics Company Culture

  • Overall Culture

    A+

    79/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A+

    93/100

  • Diversity

    A+

    82/100

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LG Electronics News and Updates

LG Sets Goal to Utilize More Than Half Million Tonnes of Recycled Plastic

LG Electronics (LG) today announced its goal to use almost 600,000 tonnes of recycled plastic by 2030 in a concerted effort to reduce greenhouse gas emissions in the value chain. The goal is a part of LG’s larger initiative to create a take-back ecosystem for electronic waste and increase the use of…

LG Recognized as International Accreditation Body for Automotive Software Testing

LG Electronics’ (LG) Software Testing Center has officially been recognized as an ISO 26262-certified lab to conduct functional safety tests on software designed for autonomous vehicles. As South Korea’s first facility certified to test such software, the results issued by LG’s Software Testing Cent…

LG XBOOM 360 Delivers Premium Sound with Stylish Design Anyplace, Anytime

The new LG XBOOM 360 speaker (model RP4) from LG Electronics (LG) features a conical-cylindrical design and delivers authentic, omnidirectional audio that is perfect for any space or occasion. Pleasing to the eye, the speaker’s unique form factor enables LG XBOOM 360 to radiate sound in all directio…

LG전자 북미이노베이션센터, 미래준비 위해 230억 투입

LG전자는 북미이노베이션센터를 통해 글로벌 스타트업을 대상으로 ‘미래를 위한 과제(Mission for the Future)’를 주제로 한 아이디어 공모전을 시작했다고 2일 밝혔다.

LG Announces Global Startup Competition to Recruit New Businesses for Innovation Center

LG Electronics (LG) announces the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future. This inaugural competition is hosted by the company’s new Silicon Valley-based innovation center, LG…

LG launches a new model of InstaView French Door Refrigerator in India for Rs 3,29,990

LG Electronics (LG) has today announced the launch of a new model of InstaView French Door Refrigerator in India. The new model of LG InstaView French Door Refrigerator will be available for Rs 3,29,990 in India. Consumers can purchase the latest model across all retail channels in Matt Black colour…
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LG Electronics Frequently Asked Questions

  • When was LG Electronics founded?

    LG Electronics was founded in 1958.

  • Who are LG Electronics key executives?

    LG Electronics's key executives are Bong Seok Kwon, Young Soo Kwon and Doo Yong Bae.

  • How many employees does LG Electronics have?

    LG Electronics has 75,890 employees.

  • What is LG Electronics revenue?

    Latest LG Electronics annual revenue is ₩63.3 t.

  • What is LG Electronics revenue per employee?

    Latest LG Electronics revenue per employee is ₩833.6 m.

  • Who are LG Electronics competitors?

    Competitors of LG Electronics include BenQ, Sharp and Panasonic.

  • Where is LG Electronics headquarters?

    LG Electronics headquarters is located at LG Twin Tower, Yeoeuido-dong, Seoul.

  • Where are LG Electronics offices?

    LG Electronics has offices in Seoul, Alpharetta, Huntsville, Chéraga and in 45 other locations.

  • How many offices does LG Electronics have?

    LG Electronics has 52 offices.