Nexen Tire Corporation (KRX:002350)
South Korea flag South Korea · Delayed Price · Currency is KRW
6,000.00
-20.00 (-0.33%)
Nov 4, 2026, 12:25 PM KST

Nexen Tire Financials Overview

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,343,3243,189,6102,847,9252,701,7202,597,4242,079,407
Revenue Growth
12.12%12.00%5.41%4.01%24.91%22.45%
Gross Profit
948,787873,072792,925739,290431,531439,604
Operating Income
175,462170,267172,133186,861-54,4084,398
Net Income
144,545141,252126,365102,792-27,7694,818
Earnings Per Share
1403.191375.871230.871001.25-270.4946.93
EPS Growth
43.84%11.78%22.93%---

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Tire
4,659,4484,676,9394,427,2874,207,1973,980,3462,905,823
Intra-Group transaction
-1,335,510-1,512,694-1,600,974-1,524,753-1,401,043-842,329
Industrial Machinery Manufacturing, Etc.
12,01610,6096,8794,3804,1365,947
Transport and Storage
-14,75714,73414,89713,9859,967
Total
3,343,3243,189,6102,847,9252,701,7202,597,4242,079,407

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
315,276295,102284,563316,485319,688486,936
Total Debt
1,610,9241,613,5161,681,6041,769,9441,659,5571,379,090
Net Cash (Debt)
-1,295,647-1,318,413-1,397,041-1,453,459-1,339,870-892,153
Net Cash Growth
------
Net Cash Per Share
-12577.63-12842.09-13607.97-14157.52-13051.09-8690.08

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
441,295351,365259,332241,860-99,407265,158
Capital Expenditures
-203,507-222,681-205,158-323,422-272,203-115,218
Free Cash Flow
237,789128,68454,174-81,562-371,610149,940
Free Cash Flow Growth
67.10%137.54%---143.16%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
28.38%27.37%27.84%27.36%16.61%21.14%
Operating Margin
5.25%5.34%6.04%6.92%-2.10%0.21%
Pretax Margin
6.89%6.22%5.96%5.54%-1.55%0.79%
Profit Margin
4.32%4.43%4.44%3.81%-1.07%0.23%
FCF Margin
7.11%4.03%1.90%-3.02%-14.31%7.21%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
200.000200.000130.000115.000100.000105.000
Dividend Per Share Growth
53.85%53.85%13.04%15.00%-4.76%0%
Dividend Yield
3.33%2.74%2.24%1.49%1.70%1.59%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.285.304.727.72-140.54
Forward PE
4.824.953.654.579.0211.45
P/FCF Ratio
2.565.8211.01--4.52
PS Ratio
0.180.240.210.290.230.33