Nexen Tire Corporation (KRX:002350)
South Korea flag South Korea · Delayed Price · Currency is KRW
7,290.00
+190.00 (2.68%)
At close: Nov 21, 2025

Nexen Tire Income Statement

Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202015 - 2019
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Operating Revenue
3,054,1312,847,9252,701,7202,597,4242,079,4071,698,128
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Other Revenue
-0---0-00
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3,054,1312,847,9252,701,7202,597,4242,079,4071,698,128
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Revenue Growth (YoY)
7.98%5.41%4.01%24.91%22.45%-16.03%
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Cost of Revenue
2,233,7032,055,0001,962,4302,165,8941,639,8031,259,804
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Gross Profit
820,427792,925739,290431,531439,604438,324
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Selling, General & Admin
520,773471,479416,895352,883308,226269,617
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Research & Development
94,80087,24186,63490,49485,10191,495
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Amortization of Goodwill & Intangibles
6,4507,8104,5254,7214,1563,857
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Other Operating Expenses
17,61616,26213,77312,91211,94811,202
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Operating Expenses
675,135620,792552,429485,939435,206398,939
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Operating Income
145,293172,133186,861-54,4084,39839,385
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Interest Expense
-84,179-95,154-60,419-28,143-19,174-18,248
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Interest & Investment Income
8,4849,8409,3676,9777,4345,964
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Earnings From Equity Investments
----46.78-
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Currency Exchange Gain (Loss)
78,00061,6984,48714,39325,704-30,957
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Other Non Operating Income (Expenses)
24,88915,2636,95423,467601.85-7,364
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EBT Excluding Unusual Items
172,486163,780147,251-37,71419,012-11,220
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Gain (Loss) on Sale of Investments
33,1979,0904,326---
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Gain (Loss) on Sale of Assets
-2,139-2,453-1,893832.42-442.52-1,461
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Asset Writedown
-1,017-625--3,431-2,089-
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Pretax Income
202,528169,791149,684-40,31316,481-12,681
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Income Tax Expense
40,77843,07246,568-12,80711,8463,915
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Earnings From Continuing Operations
161,750126,719103,116-27,5064,634-16,596
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Minority Interest in Earnings
-78.1-353.8-323.85-263.58183.41-207.98
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Net Income
161,672126,365102,792-27,7694,818-16,804
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Preferred Dividends & Other Adjustments
8,0318,031----
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Net Income to Common
153,641118,334102,792-27,7694,818-16,804
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Net Income Growth
81.57%22.93%----
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Shares Outstanding (Basic)
103103103103103103
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Shares Outstanding (Diluted)
103103103103103103
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Shares Change (YoY)
-0.02%-----
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EPS (Basic)
1496.751152.641001.25-270.4946.93-163.68
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EPS (Diluted)
1496.751152.641001.25-270.4946.93-163.68
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EPS Growth
72.59%15.12%----
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Free Cash Flow
170,85654,174-81,562-371,610149,94061,663
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Free Cash Flow Per Share
1664.45527.68-794.46-3619.691460.50600.64
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Dividend Per Share
130.000130.000115.000100.000105.000105.000
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Dividend Growth
13.04%13.04%15.00%-4.76%--
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Gross Margin
26.86%27.84%27.36%16.61%21.14%25.81%
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Operating Margin
4.76%6.04%6.92%-2.10%0.21%2.32%
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Profit Margin
5.03%4.15%3.81%-1.07%0.23%-0.99%
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Free Cash Flow Margin
5.59%1.90%-3.02%-14.31%7.21%3.63%
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EBITDA
392,085407,411383,258142,036189,142226,590
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EBITDA Margin
12.84%14.31%14.19%5.47%9.10%13.34%
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D&A For EBITDA
246,792235,278196,398196,444184,743187,206
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EBIT
145,293172,133186,861-54,4084,39839,385
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EBIT Margin
4.76%6.04%6.92%-2.10%0.21%2.32%
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Effective Tax Rate
20.13%25.37%31.11%-71.88%-
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Advertising Expenses
-60,44959,92752,18454,28546,620
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Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.