L & F Co., Ltd.

L & F Co., Ltd.

KKRX:066970
85,900.00
KRW
-5,300.00
(-5.81%)
-5,610.72EPS
4.19TMarket Cap
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14,276.82
17,050.91
15,470.21
12,617.17
17,974.42
22,226.7
13,735.73
15,224.36
36,034.59
119,063.8
138,929.93
56,860.29
62,635.35
78,453.3
Basic EPS, GAAP
-463.05
-96.73
-233.07
287.42
887.14
853.98
-394.29
-650.15
-4,198
8,269
-5,813
-11,266
-15,508
-8,746.11
Free Cash Flow per Basic Share
-677.63
-697.11
-389.07
-1,089.31
-469.87
-1,528.24
-4,969.38
-457.03
-11,862.9
-35,324.76
-25,757.01
2,099.44
-4,900.48
-4,477.11
Dividend per Share
10.34
11.15
18.43
14.15
43.36
91.48
95.88
44.93
45.14
- -
511.02
- -
- -
- -
Book Value per Share
3,462.1
3,616.64
3,307.86
4,154.99
5,365.2
6,163.47
5,672.35
7,655.39
20,301.21
38,453.94
32,742.06
21,264.39
17,952.17
20,646.08
Tangible Book Value per Share
2,629.34
2,795.22
2,438.5
3,704.61
5,091.46
5,891
5,299.58
7,306.53
19,994.93
38,224.64
32,382.4
20,754.38
17,562.34
20,259.97
Basic Weighted Avg Shares
16
14
15
20
22
23
23
23
27
33
33
34
34
37
Sales/Revenue/Turnover
225,969
245,675
235,129
249,732
403,020
505,664
313,264
356,106
970,761
3,887,294
4,644,090
1,907,479
2,154,939
2,894,752
Operating Margin (%)
-1.43
0.41
-0.83
5.55
7.29
5.34
-2.45
0.41
4.56
6.85
-4.79
-29.29
-7.28
8.38
Depreciation Expense
9,152
9,094
9,271
9,647
9,907
10,077
11,215
13,810
20,465
31,143
46,499
63,375
85,297
81,043
Net Income, GAAP
-7,329
-1,394
-3,542
5,689
19,891
19,428
-8,992
-15,207
-113,093
269,973
-194,314
-377,938
-533,545
-322,712
Effective Tax Rate (%)
- -
- -
- -
22.7
- -
23.32
- -
- -
- -
20.42
- -
- -
- -
- -
Profit Margin (%)
-3.24
-0.57
-1.51
2.28
4.94
3.84
-2.87
-4.27
-11.65
6.95
-4.18
-19.81
-24.76
-11.15
Working Capital
-6,926
4,673
13,398
25,893
56,626
58,229
18,727
53,923
672,341
1,015,015
222,161
-462,365
-713,851
-620,159
LT Debt
24,272
23,574
42,725
27,222
32,573
42,192
91,242
95,412
181,445
443,109
491,430
519,206
388,987
430,546
Total Equity
51,845
60,900
59,089
87,351
123,305
142,989
131,821
197,606
635,190
1,285,330
1,109,989
723,348
676,824
779,371
Return on Invested Capital (%)
- -
- -
- -
6.8
- -
8.05
- -
- -
- -
12.89
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
5.51
- -
8.58
- -
- -
- -
18
- -
- -
- -
- -
Return on Common Equity (%)
-16.81
-2.77
-6.73
8.24
19.03
14.83
-6.66
-9.39
-27.41
28.26
-16.35
-41.74
-76.95
-51.02

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,372,549
1,359,304
1,368,435
LT Borrowings
378,885
341,695
430,546
LT Finance Leases
10,102
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
39
38
Market Capitalization
3,569,321
5,632,194
4,190,892

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,346,613
1,541,618
1,832,122
Cash, Cash Equivalents & STI
386,307
262,498
363,098
Accounts Receivable, Net
324,325
- -
- -
Inventories
594,884
758,237
764,026
Total Current Liabilities
2,060,464
2,318,829
2,452,281
Payables & Accruals
- -
- -
- -
ST Debt
1,372,549
1,359,304
1,368,435
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.59%
53.78%
-6.43%
Free Cash Flow
325.63%
535.49%
-339.39%
Net Income, GAAP
17.82%
53.73%
41.17%
Sales/Revenue/Turnover
51.52%
89.31%
12.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
635,671
554,830
351,628
365,350
1,907,479
2025
364,782
520,076
652,296
617,785
2,154,939
2026
739,627
885,044
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3,328
-2,198
-2,268
-3,472.43
-11,266
2025
-3,305
-3,334
-3,520.84
-5,347.98
-15,508
2026
-1,685.58
1,360
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Je-Hong Huh
Full Time Employees
1,924
Sector
Electronic technology
Industry
Electronic production equipment
Address
136, Seongseo4 chacheomdan-ro Daegu South Korea 42724
IPO Date
Jan 2, 2003
Business
L&F Co., Ltd. manufactures and sells cathode active materials for lithium-ion secondary batteries and other electronic materials. The company produces high-nickel cathode materials including NCMA (nickel-cobalt-manganese-aluminum), LiNiMnCoO2 (NCM), LiCoO2, and LiMn2O4 for applications in electric vehicles, energy storage systems, IT devices, household appliances, and power tools; it also offers optical materials such as wireless TFT LCD and PMMA plates and sheets. Founded in July 2000 and headquartered in Daegu, South Korea, L&F operates production facilities in South Korea including plants in Waegwan and Guji, with global sales reaching customers including Tesla, LG Energy Solution, SK On, and Samsung SDI. In recent developments, L&F established a wholly-owned subsidiary L&F Plus in 2025 to produce and sell LFP (lithium iron phosphate) cathode materials, investing KRW 338.2 billion in a new plant in Daegu; formed LS-L&F Battery Solution (LLBS), a joint venture with LS Group launched in 2023, to manufacture precursors with production starting in Saemangeum by late 2025; began mass production and supply of ultra-high-nickel (95% Ni) cathodes to Korean battery makers and U.S. EV manufacturers from December 2024; announced plans in March 2025 to acquire 1.29 million shares of Mitra Future Technologies for KRW 14.5 billion; and advanced LFP commercialization through partnerships with SK On and others while piloting mass production in 2023 for budget EVs and ESS applications.