What is the Return on Assets (ROA) of LG Chem this year?
The Return on Assets (ROA) of LG Chem is 0.02 undefined this year.
LG Chem ROA 2024
LG Chem ROA
0.02
Ticker
051910.KS
ISIN
KR7051910008
WKN
659109
In 2024, LG Chem's return on assets (ROA) was 0.02, a -36.39% increase from the 0.03 ROA in the previous year.
LG Chem Aktienanalyse
What does LG Chem do?
LG Chem Ltd is a South Korean company that was founded in 1947 and is headquartered in Seoul. The company is part of the LG Group and is one of the world's leading chemical companies. In recent years, it has not only focused on the chemical industry but has also built successful companies in other industries and technologies. LG Chem's business model is based on a diverse product range, which is divided into various segments and offered to customers worldwide. The portfolio includes battery technologies, plastics, rubber, petrochemicals, specialty chemicals, semiconductor and display materials, as well as renewable energy. In recent years, LG Chem has specialized in battery technology and is one of the leading manufacturers of lithium-ion batteries for electric vehicles, as well as for other applications such as smartphones or household appliances. The company has also developed its own battery recycling program, which covers the entire value chain and ensures that batteries are environmentally friendly recycled after their lifecycle. Another important business field of LG Chem is petrochemistry. The company produces various petrochemical products such as ethylene, propylene, polyethylene, polypropylene, and polystyrene. These products are used in various industries, including automotive manufacturing, consumer goods, packaging, construction, and the medical industry. In the semiconductor and display materials division, LG Chem is a leading provider of OLED display materials for TV devices and mobile devices such as smartphones and tablets. The company also offers materials for semiconductors such as circuit boards, memory, sensors, and other electronic components. LG Chem also focuses on renewable energy and has an extensive range of products for the photovoltaic market. It produces solar cells, solar modules, and energy storage systems for residential and commercial applications. LG Chem's energy storage systems are typically combined with solar installations and help store the power generated by the sun for later use. In summary, LG Chem Ltd is a diverse and innovative company that focuses on various business areas. It strives to create a cleaner and more sustainable future with its products and technologies. With its strong market position and wide product range, the company is well-positioned to continue growing and establish itself in new industries and technologies. LG Chem ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding LG Chem's Return on Assets (ROA)
LG Chem's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing LG Chem's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider LG Chem's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in LG Chem’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about LG Chem stock
What was the ROA of LG Chem compared to the previous year?
The ROA of LG Chem has increased by -36.39% compared to the previous year.
What consequences do high ROA have for investors of LG Chem?
A high ROA is advantageous for investors of LG Chem, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in LG Chem?
A low ROA can be unfavorable for investors of LG Chem as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of LG Chem affect the company?
An increase in ROA of LG Chem can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of LG Chem impact the company?
A reduction in the ROA of LG Chem can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of LG Chem?
Some factors that can influence the ROA of LG Chem include revenue, operating costs, asset structure, and industry average.
Why is the ROA of LG Chem important for investors?
The ROA of LG Chem is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can LG Chem take to improve ROA?
To improve ROA, LG Chem can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does LG Chem pay?
Over the past 12 months, LG Chem paid a dividend of 3,500 KRW . This corresponds to a dividend yield of about 1.36 %. For the coming 12 months, LG Chem is expected to pay a dividend of 3,594.7 KRW.
What is the dividend yield of LG Chem?
The current dividend yield of LG Chem is 1.36 %.
When does LG Chem pay dividends?
LG Chem pays a quarterly dividend. This is distributed in the months of January, January, January, January.
How secure is the dividend of LG Chem?
LG Chem paid dividends every year for the past 23 years.
What is the dividend of LG Chem?
For the upcoming 12 months, dividends amounting to 3,594.7 KRW are expected. This corresponds to a dividend yield of 1.4 %.
In which sector is LG Chem located?
LG Chem is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von LG Chem kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of LG Chem from 4/1/2024 amounting to 3,500 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.
When did LG Chem pay the last dividend?
The last dividend was paid out on 4/1/2024.
What was the dividend of LG Chem in the year 2023?
In the year 2023, LG Chem distributed 10,000 KRW as dividends.
In which currency does LG Chem pay out the dividend?
The dividends of LG Chem are distributed in KRW.
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Andere Kennzahlen von LG Chem
Our stock analysis for LG Chem Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of LG Chem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
