Nexen Tire Corporation

002355.KS

002355.KSNexen Tire Corporation KR flag

KSE

2,995.00

KRW

+5.00

(+0.17%)

591.18BMarket Cap

Jul 29Next Earn

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

ISIN

KR7002351005

Return %

Stock

S&P500

-11.91

12.14

-5.67

46.67

28.54

105.92

Use logarithmic scale

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	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	27,688.59
Basic EPS, GAAP	1,333	1,227	1,273	1,234	1,713	1,226	1,008	1,153	-162	45	-268	1,001	1,231	1,228.57
Free Cash Flow per Basic Share	-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	526.26
Dividend per Share	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	- -
Book Value per Share	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	16,107
Tangible Book Value per Share	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	17,985.9
Basic Weighted Avg Shares	100	100	101	101	101	102	103	103	104	107	104	103	103	103
Sales/Revenue/Turnover	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	2,847,925
Operating Margin (%)	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	6.04
Depreciation Expense	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	235,278
Net Income, GAAP	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	126,365
Effective Tax Rate (%)	15.07	23.2	20.87	22.86	18.74	24.79	30.32	35.74	- -	71.88	- -	31.11	25.37	25.37
Profit Margin (%)	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	4.44
Working Capital	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	420,769
LT Debt	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	880,775
Total Equity	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	1,871,609
Return on Invested Capital (%)	9.52	7.43	8.12	8.19	9.62	6.51	5.23	4.9	- -	0.04	- -	3.83	3.64	3.64
Return on Capital (%)	10.34	8.48	7.78	7.33	9.59	6.8	5.02	5.04	- -	0.36	- -	4.44	5.89	5.89
Return on Common Equity (%)	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	7.87

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	5.49%	8.15%	5.41%
Net Income, GAAP	-136.13%	-273.3%	22.93%
Free Cash Flow	-61.38%	-90.21%	-166.35%
Total Cash Common Dividend	- -	- -	14.95%
Total Equity	7.33%	3.82%	9.78%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Ho-Chan Kang
Full Time Employees: 4,173
Sector: Consumer Cyclical
Industry: Auto - Parts
Address: 355, Chungnyeol-ro Yangsan-si South Korea
IPO Date: Sep 29, 2005
Website: nexentire.com
Similar Companies: Jiangsu Riying Electronics Co.,Ltd. (603286.SS)
Relais Group Oyj (RELAIS.HE)
Pusan Cast Iron Co., Ltd. (005030.KS)
Knorr-Bremse AG (KBX.SW)
Bharat Gears Limited (BHARATGEAR.BO)
ZMFY Automobile Glass Services Limited (8135.HK)
Business: Nexen Tire Corporation engages in the production, sale, and rental of tires in South Korea and internationally. The company offers passenger car, SUV, van and light truck, and solid tires, as well as tubes and flaps; and tire finder and warranty services. It also provides services in the non-tire sector, including transport and storage, and molding, as well as confectionery and baking. The company was founded in 1942 and is headquartered in Yangsan-si, South Korea.

	Jun'24	Sep'24	Dec'24
ST Debt	823,656	920,763	800,829
LT Borrowings	985,529	917,107	870,045
LT Finance Leases	10,305	11,123	10,730
Preferred Equity and Hybrid Capital	3,250	3,250	3,250
Shares Outstanding	96	96	96
Market Capitalization	338,468	320,909	290,567

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	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	27,688.59
Basic EPS, GAAP	1,333	1,227	1,273	1,234	1,713	1,226	1,008	1,153	-162	45	-268	1,001	1,231	1,228.57
Free Cash Flow per Basic Share	-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	526.26
Dividend per Share	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	- -
Book Value per Share	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	16,107
Tangible Book Value per Share	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	17,985.9
Basic Weighted Avg Shares	100	100	101	101	101	102	103	103	104	107	104	103	103	103
Sales/Revenue/Turnover	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	2,847,925
Operating Margin (%)	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	6.04
Depreciation Expense	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	235,278
Net Income, GAAP	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	126,365
Effective Tax Rate (%)	15.07	23.2	20.87	22.86	18.74	24.79	30.32	35.74	- -	71.88	- -	31.11	25.37	25.37
Profit Margin (%)	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	4.44
Working Capital	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	420,769
LT Debt	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	880,775
Total Equity	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	1,871,609
Return on Invested Capital (%)	9.52	7.43	8.12	8.19	9.62	6.51	5.23	4.9	- -	0.04	- -	3.83	3.64	3.64
Return on Capital (%)	10.34	8.48	7.78	7.33	9.59	6.8	5.02	5.04	- -	0.36	- -	4.44	5.89	5.89
Return on Common Equity (%)	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	7.87

	Jun'24	Sep'24	Dec'24
Total Current Assets	1,734,051	1,845,401	1,875,057
Accounts Receivable, Net	622,310	656,802	513,730
Cash, Cash Equivalents & STI	243,915	261,107	284,563
Inventories	658,143	737,292	894,009
Total Current Liabilities	1,331,948	1,475,772	1,454,288
Payables & Accruals	- -	- -	- -
ST Debt	823,656	920,763	800,829
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	532,989	653,353	709,214	701,869	2,597,424
2023	639,555	691,456	692,575	678,135	2,701,720
2024	678,084	763,753	708,508	697,579	2,847,925

Year	Q1	Q2	Q3	Q4	FY
2022	-252	-84	155	- -	-268
2023	112	273	512	- -	1,001
2024	397	431	-65	- -	1,231

Nexen Tire Corporation

Growth Rates

(avg. rate of change)

Company Description

Capital Structure

Working Capital

Growth Rates

(avg. rate of change)

Quarterly Revenue

Year

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year