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. See Nexen Tire (002350) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check how high is Nexen Tire's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
GuangDong GenSho Logistics Co SHG:603813	-0.033x
Henan Jindan Lactic Acid Technology SHE:300829	0.052x
Savita Oil Technologies Limited NSE:SOTL	0.054x
Hampidjan hf IC:HAMP	0.016x
Chongqing Yukaifa Co Ltd SHE:000514	0.003x
Tibet Tourism Co Ltd SHG:600749	0.052x
Hunan Chen Dian International Development Co Ltd SHG:600969	0.108x
Hangzhou Flariant Co Ltd SHG:605566	0.015x

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 (002350) 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

$445.75 Million

₩657.76 Billion KRW

Market Cap Rank

#12592 Global

#337 in Korea

Share Price

₩6840.00

Change (1 day)

+1.94%

52-Week Range

₩5670.00 - ₩9730.00

All Time High

₩13932.80