LG Household & Health Care (LG H&H) is a South Korean consumer goods conglomerate operating through consolidated subsidiaries. While the DART filing data provided does not include detailed business segment breakdowns, LG H&H is publicly known to operate across three main divisions: cosmetics (luxury and mass-market brands), household goods (personal care and home care products), and beverage products. The company maintains both domestic Korean operations and international presence.
[TRANSLATION NOTE: Business segment detail not available in provided filing data; segment description based on public knowledge of the company]
LG H&H faces stagnating revenue and margin pressure. Revenue remained essentially flat at KRW 6,812 billion in 2024 versus KRW 6,805 billion in 2023 (+0.1%), following a significant decline from KRW 7,186 billion in 2022. This represents a two-year revenue contraction of 5.2%.
Operating profit deteriorated further, falling to KRW 459 billion in 2024 from KRW 487 billion in 2023 (-5.7%), down sharply from KRW 711 billion in 2022. The operating margin compressed to 6.7% in 2024 from 7.2% in 2023 and 9.9% in 2022, indicating sustained profitability challenges. Net income improved to KRW 204 billion in 2024 from KRW 164 billion in 2023, though this remains well below the KRW 258 billion earned in 2022.
The balance sheet remains healthy with total liabilities of KRW 1,720 billion against total equity of KRW 5,686 billion, yielding a debt-to-equity ratio of 30%. Total assets stand at KRW 7,406 billion as of December 31, 2024.
The provided DART filing does not contain ownership or shareholder structure data, including foreign ownership percentages. This information would typically be found in separate disclosure documents not included in the financial statement filing provided.
[DATA LIMITATION: Ownership structure not available in provided financial statements]
Sustained margin erosion: The 320 basis point contraction in operating margin over two years (9.9% to 6.7%) reflects fundamental business pressures—likely from competitive intensity in cosmetics markets, pricing challenges, or cost inflation—that management has been unable to reverse despite flat revenue.
Revenue decline reversal failure: The company has not arrested its topline deterioration, with 2024 revenue still 5% below 2022 levels despite global consumption normalization post-COVID, suggesting market share losses or portfolio weakness particularly concerning given stagnant 2024 performance.
LG H&H trades at approximately KRW 3,889 billion market capitalization with persistent margin compression and revenue stagnation representing headwinds that overshadow its solid balance sheet position.
⚠️ This profile is AI-generated from DART filings. Quantitative data is reliable. Qualitative summaries should be verified against original Korean filings for investment decisions.