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Nexen Tire Corp (KR:002350)
:002350
South Korea Market
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Nexen Tire Corp (002350) Price & Analysis

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002350 Stock Chart & Stats

$5850.00
$200.00(3.54%)
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Bulls Say, Bears Say

Bulls Say
Revenue And Earnings GrowthStrong 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 RecoveryThe 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 LeverageLower 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 CushionAlthough 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 ConversionPositive 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 SensitivityDespite 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?
Nexen Tire Corp lowest stock price was $5350.00 and its highest was $10110.00 in the past 12 months.
    What is Nexen Tire Corp’s market cap?
    Nexen Tire Corp’s market cap is ₩587.65B.
      When is Nexen Tire Corp’s upcoming earnings report date?
      Nexen Tire Corp’s upcoming earnings report date is Nov 04, 2026 which is in 3 days.
        How were Nexen Tire Corp’s earnings last quarter?
        Nexen Tire Corp released its earnings results on Jul 29, 2026. The company reported $2.091 earnings per share for the quarter.
          Is Nexen Tire Corp overvalued?
          According to Wall Street analysts Nexen Tire Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Nexen Tire Corp pay dividends?
            Nexen Tire Corp pays a Annually dividend of $200 which represents an annual dividend yield of 3.42%. See more information on Nexen Tire Corp dividends here
              What is Nexen Tire Corp’s EPS estimate?
              Nexen Tire Corp’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Nexen Tire Corp have?
              Nexen Tire Corp has 97,667,880 shares outstanding.
                What happened to Nexen Tire Corp’s price movement after its last earnings report?
                Nexen Tire Corp reported an EPS of $2.091 in its last earnings report. Following the earnings report the stock price went down -4.438%.
                  Which hedge fund is a major shareholder of Nexen Tire Corp?
                  Currently, no hedge funds are holding shares in KR:002350
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    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.

                    Nexen Tire Corp (002350) Earnings & Revenues

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