1. South Korea Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Nexen Tire Corporation

Nexen Tire Corporation

002355.KS
Nexen Tire CorporationKR flagKorea Exchange
3,930.00
KRW
-5.00
- -
692.47BMarket Cap
Nexen Tire Corporation
002355.KS
(Korea Exchange)

Recent

price

3,930.00

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
340,817
385,540
428,242

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
- -
- -
- -
- -
- -
Similar Companies
Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd (002284.SZ)
Ningbo Fangzheng Automobile Mould Co.,Ltd. (300998.SZ)
Metalurgica Riosulense S.A. (RSUL3.SA)
Allison Transmission Holdings, Inc. (ALSN)
Plastiques du Val de Loire (PVL.PA)
Toyoda Gosei Co., Ltd. (TGOSY)
Business
Nexen Tire Corporation (002355.KS), founded in 1942 and headquartered in Yangsan-si, Gyeongsangnam-do, South Korea, manufactures and sells tires and related products worldwide. The company produces a diverse range of tires including passenger car radials such as N'Priz S and N'Fera Sport; SUV and 4x4 tires; van and light truck tires; winter tires; racing tires; global original equipment tires; electric vehicle root technology tires like ROADIAN GTX EV and N'Fera Sport EV; solid tires; and tire tubes and flaps. Nexen Tire operates four production facilities in Korea, China, and Europe, supported by a global R&D network in the U.S., China, Germany, and its Magok Central Research Center in Seoul, serving customers in over 150 countries across North America, Europe, Asia, Middle East, Oceania, and South America. In recent developments, the company launched the N'Priz S grand-touring tire and N'Fera Sport high-performance tire in a dual rollout at Ride N’ Drive and the 2025 SEMA Show, expanding its 2025 passenger tire lineup; signed a long-term supply agreement with LD Carbon Co., Ltd. in May 2025 for recovered carbon black to enhance sustainable manufacturing; established new subsidiaries and branch offices in Mexico, Saudi Arabia, and other regions in Europe, Latin America, and the Middle East as of September 2025 to bolster its global footprint; and reported record quarterly sales of KRW 804.7 billion in Q2 2025 driven by European plant expansion and region-specific strategies.