LS Corp. financial statements, 6 years: Revenue grew at an average 25.41% a year
Consolidated financial statements for 2020–2025 and the 2026 half-year report that LS Corp. filed with DART, laid out by year. No interpretation or outlook.
LS Corp. financial statements, 6 years: Revenue grew at an average 25.41% a year
The consolidated financial statements in the 2020–2025 annual reports that LS Corp. (006260) filed with Korea’s DART electronic disclosure system, laid out by year. Figures from the 2026 half-year report cover a different period and are shown separately. Every figure below is taken as filed in the DART submissions; there is no interpretation or outlook. Amounts are in Korean won (KRW; bn = billion, tn = trillion).
1. Income statement — the compound annual growth rate of revenue was 25.41%
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 10.27tn | — | 418.0bn | — | 4.1% | 194.7bn |
| 2021 | 12.83tn | +24.88% | 575.3bn | +37.63% | 4.5% | 352.1bn |
| 2022 | 17.49tn | +36.34% | 670.9bn | +16.62% | 3.8% | 505.5bn |
| 2023 | 24.48tn | +39.96% | 899.7bn | +34.09% | 3.7% | 570.6bn |
| 2024 | 27.54tn | +12.52% | 1.07tn | +19.26% | 3.9% | 391.5bn |
| 2025 | 31.87tn | +15.70% | 1.05tn | −1.90% | 3.3% | 485.1bn |
Revenue was largest in 2025 at KRW 31.87tn and smallest in 2020 at KRW 10.27tn among the six years. It never fell from the previous year.
Operating income was largest in 2024 at KRW 1.07tn and smallest in 2020 at KRW 418.0bn. The operating margin was highest in 2021 at 4.5%.
Net income was largest in 2023 at KRW 570.6bn and smallest in 2020 at KRW 194.7bn.
2. Financial position — equity became 1.73x
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 11.66tn | 4.45tn | 162.1% | 154.2% |
| 2021 | 12.63tn | 4.71tn | 168.1% | 144.7% |
| 2022 | 16.81tn | 5.55tn | 202.7% | 134.8% |
| 2023 | 18.25tn | 6.75tn | 170.3% | 134.6% |
| 2024 | 20.53tn | 6.88tn | 198.3% | 122.7% |
| 2025 | 24.99tn | 7.68tn | 225.5% | 119.2% |
The debt ratio was highest in 2025 at 225.5% and lowest in 2020 at 162.1%.
Over the same period total assets went from KRW 11.66tn to KRW 24.99tn (2.14x), and total equity went from KRW 4.45tn to KRW 7.68tn and became 1.73x.
The current ratio was above 100% in all six years, ranging from 119.2% to 154.2%.
3. Cash flow — negative in 1 year
| Fiscal year | Operating cash flow | Net income | Operating CF ÷ net income | ROE |
|---|---|---|---|---|
| 2020 | 701.3bn | 194.7bn | 3.60x | 4.4% |
| 2021 | −133.2bn | 352.1bn | −0.38x | 7.5% |
| 2022 | 467.1bn | 505.5bn | 0.92x | 9.1% |
| 2023 | 361.4bn | 570.6bn | 0.63x | 8.4% |
| 2024 | 858.1bn | 391.5bn | 2.19x | 5.7% |
| 2025 | 206.3bn | 485.1bn | 0.43x | 6.3% |
Operating cash flow was negative in 2021. It was largest in 2024 at KRW 858.1bn.
ROE was highest in 2022 at 9.1% and lowest in 2020 at 4.4%.
4. Latest half-year report (end of H1, 58th fiscal period, consolidated basis)
The period differs, so these figures cannot be compared directly with the annual tables above. Only cumulative figures for the same period of the previous year are compared.
| Item | 2026 cumulative | Same period last year | Change |
|---|---|---|---|
| Revenue | 20.53tn | 14.77tn | +39.00% |
| Operating income | 1.07tn | 540.1bn | +98.40% |
| Net income | 538.6bn | 304.5bn | +76.89% |
| Finance income | 57.4bn | 34.9bn | +64.60% |
| Operating cash flow | −1.61tn | — | — |
The cumulative operating margin was 5.2%.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: 구자은 (name as filed), stake 3.69%
- Cash dividend per share KRW 2,500, payout ratio 25.25%, dividend yield 1.10%
- Employees: 94, average pay per employee KRW 145m
How to read this
This page lays out the filed figures by year and nothing more. Financial statements do not say why the numbers moved, so neither do we.
The order of publication follows revenue in the latest fiscal year and has nothing to do with the content.
To check the same figures, search for the company on DART and open the consolidated financial statements in its annual reports. Every number here was computed from the 2020–2025 annual reports and the interim report downloaded through the OpenDART API on 2026-09-25; ratios divide the filed account amounts.
This article is for information only and is not investment advice.