Nexen Tire Corporation (KRX:002350)
South Korea flag South Korea · Delayed Price · Currency is KRW
6,050.00
-30.00 (-0.49%)
Last updated: Sep 4, 2026, 2:07 PM KST

Nexen Tire Financials Overview

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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 YearTTMFY 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 YearCurrentFY 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 YearTTMFY 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 YearTTMFY 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 YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
3.30%2.73%2.28%1.51%1.75%1.67%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.335.304.727.72-140.54
Forward PE
4.154.953.654.579.0211.45
P/FCF Ratio
2.595.8211.01--4.52
PS Ratio
0.180.240.210.290.230.33