LG Energy Solution (XKRX:373220) Other Operating Expense : ₩719,563 Mil (TTM As of Dec. 2023)

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What is LG Energy Solution Other Operating Expense?

LG Energy Solution's Other Operating Expense for the three months ended in Dec. 2023 was ₩115,838 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩719,563 Mil.

LG Energy Solution's quarterly Other Operating Expense declined from Jun. 2023 (₩233,946 Mil) to Sep. 2023 (₩155,177 Mil) and declined from Sep. 2023 (₩155,177 Mil) to Dec. 2023 (₩115,838 Mil).

LG Energy Solution's annual Other Operating Expense increased from Dec. 2021 (₩816,357 Mil) to Dec. 2022 (₩1,204,452 Mil) but then declined from Dec. 2022 (₩1,204,452 Mil) to Dec. 2023 (₩719,562 Mil).

LG Energy Solution Other Operating Expense Historical Data

The historical data trend for LG Energy Solution's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LG Energy Solution Other Operating Expense Chart

LG Energy Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

37,296.00

816,357.00

1,204,452.00

719,562.00

LG Energy Solution Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial							337,194.00	214,602.00	233,946.00	155,177.00	115,838.00

LG Energy Solution Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩719,563 Mil.

LG Energy Solution Other Operating Expense Related Terms

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LG Energy Solution (XKRX:373220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR

Website

https://www.lgensol.com

LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

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