Nexen Tire
Nexen Tire Corporation manufactures and sells tires in South Korea and internationally. The company offers passenger car, SUV, electric vehicle, van and light truck, winter, racing, global OE, and solid tires, as well as tubes and flaps. It also provides tire finder and warranty services. Nexen Tire Corporation was founded in 1942 and is headquartered in Yangsan-si, South Korea.
Nexen Tire (002350) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.034x
Based on the latest financial reports, Nexen Tire (002350) has a cash flow conversion efficiency ratio of 0.034x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (₩67.65 Billion) by net assets (₩1.99 Trillion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nexen Tire - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Nexen Tire's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nexen Tire Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexen Tire ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HannsTouch Solution Inc
TW:3049
|
-0.043x |
|
Bajaj Electricals Limited
NSE:BAJAJELEC
|
0.113x |
|
NIBEC Co. Ltd
KQ:138610
|
0.036x |
|
Escalade Incorporated
NASDAQ:ESCA
|
0.086x |
|
ELIXIRR INTL LS -00005
F:54K
|
N/A |
|
Gus Technology Co. Ltd.
TWO:6940
|
-0.037x |
|
Gulf Island Fabrication Inc
NASDAQ:GIFI
|
0.030x |
|
Gospell Digital Technology Co Ltd
SHE:002848
|
-0.116x |
Annual Cash Flow Conversion Efficiency for Nexen Tire (2007–2024)
The table below shows the annual cash flow conversion efficiency of Nexen Tire from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩1.87 Trillion | ₩259.33 Billion | 0.139x | -2.33% |
| 2023-12-31 | ₩1.70 Trillion | ₩241.86 Billion | 0.142x | +327.80% |
| 2022-12-31 | ₩1.60 Trillion | ₩-99.41 Billion | -0.062x | -137.58% |
| 2021-12-31 | ₩1.60 Trillion | ₩265.16 Billion | 0.166x | +43.16% |
| 2020-12-31 | ₩1.55 Trillion | ₩179.09 Billion | 0.116x | -38.12% |
| 2019-12-31 | ₩1.56 Trillion | ₩291.46 Billion | 0.187x | +70.20% |
| 2018-12-31 | ₩1.43 Trillion | ₩156.98 Billion | 0.110x | -42.31% |
| 2017-12-31 | ₩1.34 Trillion | ₩255.10 Billion | 0.191x | -40.20% |
| 2016-12-31 | ₩1.20 Trillion | ₩383.19 Billion | 0.319x | +2.69% |
| 2015-12-31 | ₩1.03 Trillion | ₩320.82 Billion | 0.310x | -4.59% |
| 2014-12-31 | ₩933.36 Billion | ₩303.51 Billion | 0.325x | +24.00% |
| 2013-12-31 | ₩797.00 Billion | ₩209.01 Billion | 0.262x | +21.08% |
| 2012-12-31 | ₩677.79 Billion | ₩146.80 Billion | 0.217x | -24.89% |
| 2010-12-31 | ₩462.24 Billion | ₩133.29 Billion | 0.288x | -47.75% |
| 2009-12-31 | ₩386.93 Billion | ₩213.54 Billion | 0.552x | +162.90% |
| 2008-12-31 | ₩278.04 Billion | ₩58.36 Billion | 0.210x | -19.01% |
| 2007-12-31 | ₩278.71 Billion | ₩72.24 Billion | 0.259x | -- |