Nexen Tire

넥센타이어 · 002350

Materials Chemicals · KOSPI

Small-cap

Market cap US$481.3M (₩664.1B)

Overview

Nexen Tire makes rubber tires, the components that connect a vehicle to the road, for both passenger cars and other vehicles.

Listed on KOSPI, Korea's main stock exchange, it supplies tires through two channels: directly to automakers as original equipment and to consumers and workshops as replacement tires, distributing through a global sales network spanning China, the Americas, Europe, the Middle East, Southeast Asia, and Oceania. Its raw materials, natural rubber, synthetic rubber, and petrochemical-derived inputs such as carbon black, are largely sourced from overseas, making input costs sensitive to exchange-rate movements and international commodity prices.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$2.3B
▲ +12.0% YoY
Operating profit · FY2025
US$123.4M
▼ −1.1% YoY
Net income · FY2025
US$109.5M
▲ +19.3% YoY

Revenue

  • FY2023US$2B
  • FY2024US$2.1B
  • FY2025US$2.3B

Operating profit

  • FY2023US$135.5M
  • FY2024US$124.7M
  • FY2025US$123.4M

Net income

  • FY2023US$74.7M
  • FY2024US$91.8M
  • FY2025US$109.5M

Key ratios (FY2025)

ROE
7.4%
Debt/Eq
129.2%
Op. margin
5.3%
Net margin
4.7%
Rev. YoY
▲ +12.0%

Why it matters

Nexen Tire operates four manufacturing plants, two in Korea (Yangsan and Changnyeong) and two abroad (Qingdao, China, and Zatec, Czech Republic), giving it a split domestic-international production base.

Price charts coming soon

Interactive price history isn't here yet. Would you use it?

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.