Nexen Tire (002350) - Cash Flow Conversion Efficiency
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
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.