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Nexen Tire Corp. (South Korea)

Main Activities: Rubber Product Manufacturing
Full name: Nexen Tire Corp. Profile Updated: August 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Nexen Tire Corporation, founded in 1942 as Heung-A Tire Co, is a South Korea-based tire manufacturing company. The company is headquartered in Korea and operates three manufacturing plants in Korea and China. Nexen Tire has a global R&D network in the U.S., China, and Germany, with a central research institute in Korea. The company focuses on developing tires optimized for local conditions and strategic products, including OE and replacement tires. Nexen Tire offers a comprehensive range of products, including all-season, summer, winter, and sports tires for various vehicles.

Headquarters
30 Yoosan-Dong, Yahngsahn-Si
Yangsan; Gyeongsangnam; Postal Code: 626-230

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Website: http://www.nexentire.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 11, 1958
Key Executives
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Chairman
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President
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Vice Chairman
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Outside Director
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Outside Director
Ownership Details
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21.07%
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2.56%
Subsidiaries
Nexen Industrial Machinery
100%
Company Performance
Financial values in the chart are available after Nexen Tire Corp. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
31.9%
Total operating revenue
31.65%
Operating profit (EBIT)
339.19%
EBITDA
57.32%
Net Profit (Loss) for the Period
184.78%
Total assets
17.72%
Total equity
6.9%
Operating Profit Margin (ROS)
4.31%
Net Profit Margin
2.45%
Return on Equity (ROE)
3.38%
Debt to Equity Ratio
26.47%
Quick Ratio
-0.45%
Cash Ratio
-0.04%

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