LG Energy Solution (XKRX:373220) Current Deferred Taxes Liabilities : ₩0 Mil (As of Dec. 2023)

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What is LG Energy Solution Current Deferred Taxes Liabilities?

Current Deferred Taxes Liabilities represent future tax liabilities, resulting from temporary differences between book (accounting) value of assets and liabilities and their tax value, or timing differences between the recognition of gains and losses in financial statements and their recognition in a tax computation. Deferred tax liabilities generally arise where tax relief is provided in advance of an accounting expense, or income is accrued but not taxed until received.

LG Energy Solution's current deferred tax liabilities for the quarter that ended in Dec. 2023 was ₩0 Mil.

LG Energy Solution Current Deferred Taxes Liabilities Historical Data

The historical data trend for LG Energy Solution's Current Deferred Taxes Liabilities 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.
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LG Energy Solution Current Deferred Taxes Liabilities Chart

LG Energy Solution Annual Data

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Current Deferred Taxes Liabilities

LG Energy Solution Quarterly Data
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LG Energy Solution (XKRX:373220) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » Current Deferred Taxes Liabilities

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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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