Nexen Tire
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
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
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.
Nexen Tire in five facts
What does Nexen Tire do?
Nexen Tire makes rubber tires, the components that connect a vehicle to the road, for both passenger cars and other vehicles.
Where is Nexen Tire listed and in which sector?
Nexen Tire (Korean name: 넥센타이어) trades under KRX code 002350 on KOSPI, the main board of the Korea Exchange. It is classified in the Materials sector, Chemicals.
How large is Nexen Tire?
Its market capitalisation was US$423.1M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Nexen Tire's latest annual revenue and operating profit?
For fiscal year 2025, Nexen Tire reported revenue of US$2.4B, operating profit of US$128.5M and net income of US$114.1M, per its annual report on DART (data retrieved from DART on 2026-09-06). Revenue was up 12.0% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-06
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Investor relations (IR) meeting (notice)Oct 21
- Executives/major shareholders' securities trading planSep 30
- Operating results (consolidated) (preliminary) (fair disclosure)
Nexen Tire filed provisional (unaudited) consolidated results for Q2 2026: revenue of US$618M (+10.77% year on year), operating profit of US$23.8M (−19.46% year on year) and net income of US$150K (−98.88% year on year).
Earnings · Jul 29 - Operating results (consolidated) (preliminary) (fair disclosure)
Nexen Tire filed provisional (unaudited) consolidated results for Q1 2026: revenue of US$564M (+8.7% year on year), operating profit of US$36.4M (+33.14% year on year) and net income of US$41.7M (+55.3% year on year).
Earnings · Apr 29 - Cash/in-kind dividend decision
Nexen Tire declared a cash dividend of US$0.14 per share, equal to about 2.6% of the recent share price.
Dividend · Mar 10 - Treasury share disposal: results reportTreasury Shares · Mar 4
- Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Nexen Tire reported consolidated results for FY2025: revenue of US$2.2B (+12% year on year), operating profit of US$118M (−1.1% year on year) and net income of US$104M (+19.3% year on year).
Earnings · Feb 4 - Operating results (consolidated) (preliminary) (fair disclosure)
Nexen Tire filed provisional (unaudited) consolidated results for Q4 2025: revenue of US$576M (+19.42% year on year), operating profit of US$28M (+161.69% year on year) and net income of US$25.7M (−22.14% year on year).
Earnings · Feb 4 - Material event report (treasury share disposal)Treasury Shares · Jan 21