1. South Korea Stocks

  2. •

    Consumer Cyclical

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    Auto - Parts
Nexen Tire Corporation

Nexen Tire Corporation

002350.KS
Nexen Tire CorporationKR flagKorea Exchange
7,100.00
KRW
+430.00
- -
682.76BMarket Cap
Nexen Tire Corporation
002350.KS
(Korea Exchange)

Recent

price

7,100.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12,217.02
15,307.43
17,066.11
17,291.71
17,424.66
18,108.22
18,676.73
19,276.27
19,311.2
19,722.16
16,370.62
19,423.04
25,067.62
26,309.73
27,743.39
31,064.64
31,636.02
Revenue per Share
865
939.51
1,333
1,227
1,273
1,234
1,713
1,226
1,008
1,153
-162
45
-268
1,001
1,231
1,469
1,681.13
Basic EPS, GAAP
-195.05
-3,907.03
-1,232.6
-567.98
-170.15
1,559.19
2,744.47
-289.44
-3,192.77
599.07
593.39
1,393.19
-3,586.39
-794.46
527.27
1,251.37
2,986.03
Free Cash Flow per Basic Share
64.23
48.48
60.29
60.31
64.66
75.28
80.29
99.81
100.24
100.44
104.23
100.99
104.35
100.29
115.33
130.3
- -
Dividend per Share
4,442.1
5,427.89
6,242.38
7,441.76
8,461
9,366.03
11,027.32
12,305.38
12,960.03
14,133.77
13,993.33
13,752.8
14,234.96
15,158.85
16,138.88
17,505.06
17,860.65
Book Value per Share
4,852.54
5,948.3
6,719.55
7,862.51
9,084.65
10,020.34
11,674.22
12,917.12
13,697.84
14,940.55
14,606.94
14,620.95
15,094.18
16,359.44
18,021.5
19,494.85
20,320.54
Tangible Book Value per Share
94
93
100
100
101
101
101
102
103
103
104
107
104
103
103
103
103
Basic Weighted Avg Shares
1,146,468
1,429,956
1,706,160
1,728,240
1,758,782
1,837,467
1,894,703
1,964,793
1,983,976
2,022,338
1,698,128
2,079,407
2,597,424
2,701,720
2,847,925
3,189,610
3,256,699
Sales/Revenue/Turnover
9.11
7.91
10.56
10.24
11.86
12.24
13.09
9.44
9.2
10.25
2.32
0.21
-2.09
6.92
6.04
5.34
5.64
Operating Margin (%)
80,253
52,151
81,561
100,111
104,759
139,612
144,768
149,804
149,246
165,177
187,206
184,743
196,444
196,398
235,278
298,714
302,132
Depreciation Expense
81,173
87,765
133,265
122,634
128,492
125,216
173,779
124,964
103,559
118,230
-16,804
4,818
-27,769
102,792
126,365
150,832
173,060
Net Income, GAAP
17.71
22.41
15.07
23.2
20.87
22.86
18.74
24.79
30.32
35.74
- -
71.88
- -
31.11
25.37
23.74
24.82
Effective Tax Rate (%)
7.08
6.14
7.81
7.1
7.31
6.81
9.17
6.36
5.22
5.85
-0.99
0.23
-1.07
3.8
4.44
4.73
5.31
Profit Margin (%)
6,777
-22,911
44,194
39,832
150,405
220,220
287,756
265,300
348,594
470,137
433,517
434,277
10,364
226,123
420,769
719,123
849,558
Working Capital
237,658
496,411
615,289
683,970
848,612
744,074
610,002
557,948
909,135
963,929
921,432
887,039
641,117
864,635
880,775
1,040,659
1,088,739
LT Debt
462,239
565,043
680,551
797,001
933,365
1,034,045
1,202,750
1,338,934
1,428,185
1,557,905
1,546,952
1,599,927
1,596,232
1,704,883
1,871,609
2,054,457
2,145,121
Total Equity
9.24
7.05
9.52
7.43
8.12
8.19
9.62
6.51
5.23
4.9
- -
0.04
- -
3.83
3.64
3.56
3.61
Return on Invested Capital (%)
10.72
8.39
10.34
8.48
7.78
7.33
9.59
6.8
5.02
5.04
- -
0.36
- -
4.44
5.89
6.24
6.51
Return on Capital (%)
21.4
19
23.56
17.93
16.08
13.88
16.8
10.53
8.01
8.5
-1.16
0.33
-1.88
6.78
7.87
8.73
9.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
819,623
572,857
539,382
LT Borrowings
925,156
1,032,006
1,064,732
LT Finance Leases
9,748
8,653
24,008
Preferred Equity and Hybrid Capital
3,250
3,250
3,250
Shares Outstanding
96
96
96
Market Capitalization
601,442
774,164
736,041

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,141,553
1,971,144
2,099,318
Cash, Cash Equivalents & STI
294,735
295,102
282,074
Accounts Receivable, Net
759,182
661,876
774,755
Inventories
868,913
865,892
865,929
Total Current Liabilities
1,616,255
1,252,021
1,249,760
Payables & Accruals
- -
- -
- -
ST Debt
819,623
572,857
539,382
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.22%
5.91%
9.77%
Free Cash Flow
54.48%
-62.77%
137.39%
Net Income, GAAP
-133.94%
-246.59%
19.36%
Sales/Revenue/Turnover
6.25%
13.76%
12%
Total Cash Common Dividend
- -
- -
13.01%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
678,084
763,753
708,508
697,579
2,847,925
2025
771,186
804,669
780,696
833,059
3,189,610
2026
838,275
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
397
431
-65
- -
1,231
2025
387
186
533
- -
1,469
2026
601
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
115.33
2025
- -
- -
- -
- -
130.3
2026
- -
- -
- -
- -
- -
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Business
Nexen Tire Corporation manufactures and sells tires for passenger cars, sport utility vehicles, light trucks, electric vehicles, vans and commercial vehicles; its core products include high-performance lines such as N'FERA SU4, ROADIAN ATX, N'PRIZ S and N'FERA Sport summer tires, all-terrain models, winter tires and ultra-high-performance radials, supplied through original equipment and replacement channels to automotive manufacturers and consumers worldwide. Founded in 1942 as Heung-A Tire Company and headquartered in Yangsan, South Korea, the company operates manufacturing facilities in Korea, China and the Czech Republic, with sales in over 120 countries across North America, Europe, Asia, Latin America, the Middle East and Oceania. Nexen Tire focuses on premium and value-added tires, including eco-friendly and durable options tailored to regional conditions like hot climates and rugged terrain. In 2025, Nexen Tire launches two new passenger tires, N'PRIZ S and N'FERA Sport, via dual rollout at Ride N’ Drive and SEMA Show; expands global footprint with new subsidiaries in Mexico for Latin America, Saudi Arabia for the Middle East, and enhanced hubs in Europe; opens flagship brand shops in Thailand, Bahrain and Kuwait as part of Southeast Asia and Middle East strategies; achieves record Q2 sales of KRW 804.7 billion driven by European plant expansion and original equipment supplies to models like Hyundai NEXO and Kia EV4; and plans full operation of its second Czech Republic factory by end-2025 to boost high-inch product output.