Nexen Tire (002350) - Cash Flow Conversion Efficiency

Latest 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 ≈ $45.84 Million USD) by net assets (₩1.99 Trillion ≈ $1.35 Billion USD). 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. Read 002350 total debt and obligations for a breakdown of total debt and financial obligations.

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
POET Technologies Inc
V:PTK
-0.157x
Zhong Fu Tong Co Ltd
SHE:300560
-0.051x
Ability Opto-Electronics Technology Co Ltd
TWO:3362
-0.008x
Guangdong PAK Corporation Co Ltd
SHE:300625
0.041x
Kofola CeskoSlovensko as
PR:KOFOL
0.222x
Akis Gayrimenkul Yatirim Ortakligi AS
IS:AKSGY
0.015x
Anhui Sunhere Pharmaceutical Excipients Co Ltd
SHE:300452
0.028x
Taiwan Semiconductor Co Ltd
TWO:5425
0.054x

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. For the full company profile with market capitalisation and key ratios, see Nexen Tire market capitalisation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 ₩1.87 Trillion
≈ $1.27 Billion
₩259.33 Billion
≈ $175.75 Million
0.139x -2.33%
2023-12-31 ₩1.70 Trillion
≈ $1.16 Billion
₩241.86 Billion
≈ $163.91 Million
0.142x +327.80%
2022-12-31 ₩1.60 Trillion
≈ $1.08 Billion
₩-99.41 Billion
≈ $-67.37 Million
-0.062x -137.58%
2021-12-31 ₩1.60 Trillion
≈ $1.08 Billion
₩265.16 Billion
≈ $179.69 Million
0.166x +43.16%
2020-12-31 ₩1.55 Trillion
≈ $1.05 Billion
₩179.09 Billion
≈ $121.37 Million
0.116x -38.12%
2019-12-31 ₩1.56 Trillion
≈ $1.06 Billion
₩291.46 Billion
≈ $197.52 Million
0.187x +70.20%
2018-12-31 ₩1.43 Trillion
≈ $967.86 Million
₩156.98 Billion
≈ $106.39 Million
0.110x -42.31%
2017-12-31 ₩1.34 Trillion
≈ $907.38 Million
₩255.10 Billion
≈ $172.88 Million
0.191x -40.20%
2016-12-31 ₩1.20 Trillion
≈ $815.09 Million
₩383.19 Billion
≈ $259.68 Million
0.319x +2.69%
2015-12-31 ₩1.03 Trillion
≈ $700.76 Million
₩320.82 Billion
≈ $217.42 Million
0.310x -4.59%
2014-12-31 ₩933.36 Billion
≈ $632.53 Million
₩303.51 Billion
≈ $205.68 Million
0.325x +24.00%
2013-12-31 ₩797.00 Billion
≈ $540.12 Million
₩209.01 Billion
≈ $141.64 Million
0.262x +21.08%
2012-12-31 ₩677.79 Billion
≈ $459.33 Million
₩146.80 Billion
≈ $99.49 Million
0.217x -24.89%
2010-12-31 ₩462.24 Billion
≈ $313.25 Million
₩133.29 Billion
≈ $90.33 Million
0.288x -47.75%
2009-12-31 ₩386.93 Billion
≈ $262.22 Million
₩213.54 Billion
≈ $144.71 Million
0.552x +162.90%
2008-12-31 ₩278.04 Billion
≈ $188.42 Million
₩58.36 Billion
≈ $39.55 Million
0.210x -19.01%
2007-12-31 ₩278.71 Billion
≈ $188.88 Million
₩72.24 Billion
≈ $48.95 Million
0.259x --

About Nexen Tire

KO:002350 Korea Auto Parts
Market Cap
$484.20 Million
₩714.49 Billion KRW
Market Cap Rank
#12694 Global
#408 in Korea
Share Price
₩7430.00
Change (1 day)
-4.13%
52-Week Range
₩5670.00 - ₩9730.00
All Time High
₩13932.80
About

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.