Nexen Tire Corporation (KRX:002350)
South Korea flag South Korea · Delayed Price · Currency is KRW
7,400.00
-100.00 (-1.33%)
Last updated: Apr 15, 2026, 2:00 PM KST

Nexen Tire Income Statement

Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Revenue
3,189,6102,847,9252,701,7202,597,4242,079,407
Other Revenue
-0---0-0
3,189,6102,847,9252,701,7202,597,4242,079,407
Revenue Growth (YoY)
12.00%5.41%4.01%24.91%22.45%
Cost of Revenue
2,316,5382,055,0001,962,4302,165,8941,639,803
Gross Profit
873,072792,925739,290431,531439,604
Selling, General & Admin
550,150471,479416,895352,883308,226
Research & Development
95,51687,24186,63490,49485,101
Amortization of Goodwill & Intangibles
6,4897,8104,5254,7214,156
Other Operating Expenses
17,73216,26213,77312,91211,948
Operating Expenses
702,805620,792552,429485,939435,206
Operating Income
170,267172,133186,861-54,4084,398
Interest Expense
-79,834-95,154-60,419-28,143-19,174
Interest & Investment Income
7,3469,8409,3676,9777,434
Earnings From Equity Investments
-3,325---46.78
Currency Exchange Gain (Loss)
49,38461,6984,48714,39325,704
Other Non Operating Income (Expenses)
18,99115,2636,95423,467601.85
EBT Excluding Unusual Items
162,830163,780147,251-37,71419,012
Gain (Loss) on Sale of Investments
38,3969,0904,326--
Gain (Loss) on Sale of Assets
-2,990-2,453-1,893832.42-442.52
Asset Writedown
--625--3,431-2,089
Pretax Income
198,236169,791149,684-40,31316,481
Income Tax Expense
47,06243,07246,568-12,80711,846
Earnings From Continuing Operations
151,174126,719103,116-27,5064,634
Minority Interest in Earnings
-342.12-353.8-323.85-263.58183.41
Net Income
150,832126,365102,792-27,7694,818
Net Income to Common
150,832126,365102,792-27,7694,818
Net Income Growth
19.36%22.93%---
Shares Outstanding (Basic)
103103103103103
Shares Outstanding (Diluted)
103103103103103
EPS (Basic)
1469.191230.871001.25-270.4946.93
EPS (Diluted)
1469.191230.871001.25-270.4946.93
EPS Growth
19.36%22.93%---
Free Cash Flow
128,68454,174-81,562-371,610149,940
Free Cash Flow Per Share
1253.45527.68-794.46-3619.691460.50
Dividend Per Share
200.000130.000115.000100.000105.000
Dividend Growth
53.85%13.04%15.00%-4.76%-
Gross Margin
27.37%27.84%27.36%16.61%21.14%
Operating Margin
5.34%6.04%6.92%-2.10%0.21%
Profit Margin
4.73%4.44%3.81%-1.07%0.23%
Free Cash Flow Margin
4.03%1.90%-3.02%-14.31%7.21%
EBITDA
468,981407,411383,258142,036189,142
EBITDA Margin
14.70%14.31%14.19%5.47%9.10%
D&A For EBITDA
298,714235,278196,398196,444184,743
EBIT
170,267172,133186,861-54,4084,398
EBIT Margin
5.34%6.04%6.92%-2.10%0.21%
Effective Tax Rate
23.74%25.37%31.11%-71.88%
Advertising Expenses
65,81160,44959,92752,18454,285
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.