Want to see KR:002350 full AI Analyst Report?
Nexen Tire Corp (002350) Price & Analysis
002350 Stock Chart & Stats
- Day’s Range
- $5,640.00 - $5,900.00
- 52-Week Range
- $5,350.00 - $10,110.00
- Previous Close
- $5,650.00
- Volume
- N/A
- Average Volume (3M)
- 92.04K
- Market Cap
- KRW 587.65B
- Enterprise Value
- KRW 2.00T
- Total Cash (Recent Filing)
- KRW 315.28B
- Total Debt (Recent Filing)
- KRW 1.61T
- Price to Earnings (P/E)
- 3.9
- Beta
- 0.22
- Next Earnings
- Nov 04, 2026
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 3.42%
Bulls Say, Bears Say
Bulls Say
Revenue And Earnings Growth
Strong reported revenue and EPS growth indicate improving demand and operating performance across the business. If sustained, this recovery can support reinvestment, strengthen the company’s position with automotive customers, and improve earnings capacity over the next several quarters.
Profitability Recovery
The return to profitability, combined with solid gross and EBITDA margins, demonstrates that Nexen Tire has regained meaningful earnings generation after its loss-making period. These margins provide an operating base that can support continued recovery if demand and pricing remain stable.
Improving Leverage
Lower leverage and a larger equity base improve financial resilience relative to the prior years. This gives Nexen Tire more flexibility to fund operations and manage cyclical demand, while positive and stable ROE indicates that the expanded capital base continues to generate returns.
Bears Say
Limited Profit Cushion
Although profitability has recovered, the modest net and EBIT margins leave limited room to absorb weaker demand or renewed cost pressure. A relatively narrow earnings cushion could make results more sensitive to changes in pricing, volumes, and operating conditions over the coming quarters.
Weaker Free Cash Flow Conversion
Positive free cash flow is an improvement, but its decline from the prior period and only moderate conversion from net income weaken the quality of earnings. This may constrain internally funded investment and reduce the pace at which Nexen Tire can strengthen its balance sheet.
Debt Sensitivity
Despite improving leverage, absolute debt remains sizable relative to equity and operating cash flow provides limited coverage. This leaves Nexen Tire exposed to greater financial pressure during cyclical downturns or periods of higher funding costs, restricting capital allocation flexibility.
002350 FAQ
What was Nexen Tire Corp’s price range in the past 12 months?
What is Nexen Tire Corp’s market cap?
When is Nexen Tire Corp’s upcoming earnings report date?
How were Nexen Tire Corp’s earnings last quarter?
Is Nexen Tire Corp overvalued?
Does Nexen Tire Corp pay dividends?
What is Nexen Tire Corp’s EPS estimate?
How many shares outstanding does Nexen Tire Corp have?
What happened to Nexen Tire Corp’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Nexen Tire Corp?
What is the TipRanks Smart Score and how is it calculated?
Company Description
Nexen Tire Corp
Nexen Tire Corporation operates globally and within South Korea, focusing on the manufacturing, distribution, and leasing of various tire types. Its product offerings include tires for passenger vehicles, SUVs, vans, light trucks, and solid tires, along with related components like tubes and flaps. The company also provides customer-centric services such as a tire finder tool and warranty support. Beyond its primary tire business, Nexen diversifies into other sectors, including logistics (transport and storage), manufacturing (molding), and even consumer goods like confectionery and baked products. Established in 1942, the company's main offices are located in Yangsan-si, South Korea.
- Sector
- General
- Industry
- Auto - Parts
- CEO
- Hyun Suk Kim
- Employees
- 4,255
- Website
- www.nexentire.com
- Address
- KR
Nexen Tire Corp (002350) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 6 | 7 |
| Technical Analysis | 3 | 6 | 1 |
| Moving Averages | 6 | 0 | 6 |