Company Nexen Tire Corporation

Equities

A002350

KR7002350007

Tires & Rubber Products

End-of-day quote Korea S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
8,320 KRW +0.36% Intraday chart for Nexen Tire Corporation +0.12% +3.48%

Business Summary

Nexen Tire Corp is a Korea-based company mainly engaged in the production and sale of tires. The Company operates its business through two segments. The Tire segment is engaged in the manufacturing and sale of tires including passenger car radial (PCR) tires, light truck radial (LTR) tires and sport utility vehicle (SUV) tires, as well as the provision of tire rental services. The Non-Tire segment involves in the transport and storage, mold, bread business. The Company distributes its products in domestic market and overseas markets such as China, America, Europe and Southeast Asia.

Number of employees: 4,093

Sales per Business

KRW in Million2022Weight2023Weight Delta
Tires
99.7 %
2,590,675 99.7 % 2,694,092 99.7 % +3.99%
Shipping and Storage
0.3 %
6,265 0.2 % 6,956 0.3 % +11.03%
Other than Industrial Machinery
0.0 %
485 0.0 % 672 0.0 % +38.63%

Sales per region

KRW in Million2022Weight2023Weight Delta
Europe
37.6 %
948,337 36.5 % 1,004,550 37.6 % +5.93%
North America
27.0 %
678,810 26.1 % 721,704 27.0 % +6.32%
South Korea
15.7 %
423,536 16.3 % 420,147 15.7 % -0.80%
Middle East
7.6 %
210,501 8.1 % 202,051 7.6 % -4.01%
Asia
7.4 %
181,428 7.0 % 198,705 7.4 % +9.52%
Latin America
4.6 %
154,812 6.0 % 121,635 4.6 % -21.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 99-04-30
Chief Executive Officer 52 -
Chief Executive Officer 84 99-05-31
Chief Tech/Sci/R&D Officer 61 -
Chief Tech/Sci/R&D Officer 66 -
Corporate Officer/Principal 62 -
Corporate Officer/Principal 61 -
Sales & Marketing 58 -
Sales & Marketing 63 -
Corporate Officer/Principal 64 -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 84 99-05-31
Chief Executive Officer 52 -
Director/Board Member 68 -
Chief Executive Officer 61 99-04-30
Director/Board Member 67 -
Director/Board Member 53 -
Director/Board Member 39 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 97,667,877 30,084,426 ( 30.80 %) 1,504,451 ( 1.540 %) 28.88 %
Stock B 0 6,500,000 0 0

Shareholders

NameEquities%Valuation
43,904,160 44.95 % 307 M ₩
19,001,037 19.45 % 133 M ₩
National Pension Service of Korea
7.066 %
6,901,446 7.066 % 48 M ₩
3,174,222 3.250 % 22 M ₩
DWS Investment SA Luxembourg (Investment Management)
0.5529 %
540,000 0.5529 % 4 M ₩
KB Asset Management Co., Ltd.
0.0712 %
69,525 0.0712 % 485 568 ₩
Dimensional Fund Advisors Ltd.
0.0495 %
48,314 0.0495 % 337 429 ₩
Kyobo AXA Investment Managers Co., Ltd.
0.0297 %
28,991 0.0297 % 202 475 ₩
APS Asset Management Pte Ltd.
0.0286 %
27,910 0.0286 % 194 926 ₩
Samsung Asset Management Co., Ltd.
0.0264 %
25,767 0.0264 % 179 959 ₩

Company contact information

NEXEN TIRE Corp.

355 Chungnyeol-ro

50592, Yangsan-si

+

http://www.nexentire.com
address Nexen Tire Corporation(A002350)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
8,320 KRW
Average target price
10,989 KRW
Spread / Average Target
+32.08%
Consensus

Quarterly revenue - Rate of surprise