Nexen Tire Corporation (KRX:002350)
6,050.00
-30.00 (-0.49%)
Last updated: Sep 4, 2026, 2:07 PM KST
Nexen Tire Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 3,343,324 | 3,189,610 | 2,847,925 | 2,701,720 | 2,597,424 | 2,079,407 |
Other Revenue | - | -0 | - | - | -0 | -0 |
| 3,343,324 | 3,189,610 | 2,847,925 | 2,701,720 | 2,597,424 | 2,079,407 | |
Revenue Growth | 12.12% | 12.00% | 5.41% | 4.01% | 24.91% | 22.45% |
Cost of Revenue | 2,394,536 | 2,316,538 | 2,055,000 | 1,962,430 | 2,165,894 | 1,639,803 |
Gross Profit | 948,787 | 873,072 | 792,925 | 739,290 | 431,531 | 439,604 |
Selling, General & Admin | 613,523 | 550,150 | 471,479 | 416,895 | 352,883 | 308,226 |
Research & Development | 99,324 | 95,516 | 87,241 | 86,634 | 90,494 | 85,101 |
Amortization of Goodwill & Intangibles | 8,238 | 6,489 | 7,810 | 4,525 | 4,721 | 4,156 |
Other Operating Expenses | 19,038 | 17,732 | 16,262 | 13,773 | 12,912 | 11,948 |
Operating Expenses | 773,325 | 702,805 | 620,792 | 552,429 | 485,939 | 435,206 |
Operating Income | 175,462 | 170,267 | 172,133 | 186,861 | -54,408 | 4,398 |
Interest Expense | -74,279 | -79,834 | -95,154 | -60,419 | -28,143 | -19,174 |
Interest & Investment Income | 5,786 | 7,346 | 9,840 | 9,367 | 6,977 | 7,434 |
Earnings From Equity Investments | -3,325 | -3,325 | - | - | - | 46.78 |
Currency Exchange Gain (Loss) | 85,664 | 49,384 | 61,698 | 4,487 | 14,393 | 25,704 |
Other Non Operating Income (Expenses) | 18,064 | 18,991 | 15,263 | 6,954 | 23,467 | 601.85 |
EBT Excluding Unusual Items | 207,371 | 162,830 | 163,780 | 147,251 | -37,714 | 19,012 |
Gain (Loss) on Sale of Investments | 27,401 | 38,396 | 9,090 | 4,326 | - | - |
Gain (Loss) on Sale of Assets | -5,411 | -2,990 | -2,453 | -1,893 | 832.42 | -442.52 |
Asset Writedown | 1,053 | - | -625 | - | -3,431 | -2,089 |
Pretax Income | 230,414 | 198,236 | 169,791 | 149,684 | -40,313 | 16,481 |
Income Tax Expense | 76,169 | 47,062 | 43,072 | 46,568 | -12,807 | 11,846 |
Earnings From Continuing Operations | 154,245 | 151,174 | 126,719 | 103,116 | -27,506 | 4,634 |
Minority Interest in Earnings | -119.07 | -342.12 | -353.8 | -323.85 | -263.58 | 183.41 |
Net Income | 154,126 | 150,832 | 126,365 | 102,792 | -27,769 | 4,818 |
Preferred Dividends & Other Adjustments | 9,580 | 9,580 | - | - | - | - |
Net Income to Common | 144,545 | 141,252 | 126,365 | 102,792 | -27,769 | 4,818 |
Net Income Growth | 44.22% | 11.78% | 22.93% | - | - | - |
Shares Outstanding (Basic) | 103 | 103 | 103 | 103 | 103 | 103 |
Shares Outstanding (Diluted) | 103 | 103 | 103 | 103 | 103 | 103 |
Shares Change | 0.26% | - | - | - | - | - |
EPS (Basic) | 1403.19 | 1375.87 | 1230.87 | 1001.25 | -270.49 | 46.93 |
EPS (Diluted) | 1403.19 | 1375.87 | 1230.87 | 1001.25 | -270.49 | 46.93 |
EPS Growth | 43.84% | 11.78% | 22.93% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 237,789 | 128,684 | 54,174 | -81,562 | -371,610 | 149,940 |
Free Cash Flow Per Share | 2308.36 | 1253.45 | 527.68 | -794.46 | -3619.69 | 1460.50 |
Dividend Per Share | 200.000 | 200.000 | 130.000 | 115.000 | 100.000 | 105.000 |
Dividend Growth | 53.85% | 53.85% | 13.04% | 15.00% | -4.76% | 0% |
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% |
Profit Margin | 4.32% | 4.43% | 4.44% | 3.81% | -1.07% | 0.23% |
Free Cash Flow Margin | 7.11% | 4.03% | 1.90% | -3.02% | -14.31% | 7.21% |
EBITDA | 478,619 | 468,981 | 407,411 | 383,258 | 142,036 | 189,142 |
EBITDA Margin | 14.32% | 14.70% | 14.31% | 14.19% | 5.47% | 9.10% |
D&A For EBITDA | 303,157 | 298,714 | 235,278 | 196,398 | 196,444 | 184,743 |
EBIT | 175,462 | 170,267 | 172,133 | 186,861 | -54,408 | 4,398 |
EBIT Margin | 5.25% | 5.34% | 6.04% | 6.92% | -2.10% | 0.21% |
Effective Tax Rate | 33.06% | 23.74% | 25.37% | 31.11% | - | 71.88% |
Advertising Expenses | - | 65,811 | 60,449 | 59,927 | 52,184 | 54,285 |