Hankook Tire & Technology
한국타이어앤테크놀로지 · 161390
Materials Chemicals · KOSPI
Market cap US$5.2B (₩7.1T)
Overview
Hankook Tire & Technology makes tires, the rubber components that allow vehicles to grip the road safely and efficiently.
Its products serve two broad markets: automakers that fit tires to new vehicles at the factory, and drivers who replace worn tires on vehicles already in use. Listed on KOSPI, Korea's main stock exchange, the company operates across both channels and sources key raw materials such as natural rubber from Southeast Asia and synthetic rubber derivatives tied to global oil prices.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$6.5B
- FY2024US$6.8B
- FY2025US$15.4B
Operating profit
- FY2023US$962.3M
- FY2024US$1.3B
- FY2025US$1.3B
Net income
- FY2023US$528.1M
- FY2024US$819.6M
- FY2025US$704.1M
Key ratios (FY2025)
Why it matters
The Korean domestic tire market is heavily concentrated, with Hankook and two other domestic producers together accounting for the large majority of local sales.
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