LG Energy Solution

LG Energy IPO – The Financials

Equity Capital Markets
385 Views, 28 Dec 2021 17:52
EXECUTIVE SUMMARY
  • LG Energy has demonstrated the ability to rapidly grow revenue and a $27.5bn revenue target for FY24 looks reasonable enough based on current conditions. 
  • However, that growth has come with numerous issues such as recalls due to battery fires and questionable strategic positioning for the future. 
  • In addition, overall profitability metrics look challenging relative to peers such as CATL.
detail (7-minute read)
WHAT’S TRENDING
logo
Logo
Top 5%
Mio Kato
Japan/Asia Long-Short
LightStream Research
JapanEquity Bottom-UpEquity Capital Markets

Over 15 years analysing Japanese and Asian stocks from a long/short perspective I focus on cyclically driven sectors su... 

x