Nexen Tire Prf 1 (002355) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nexen Tire Prf 1 (002355) 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 Prf 1 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Nexen Tire Prf 1 - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Nexen Tire Prf 1's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nexen Tire Prf 1 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexen Tire Prf 1 ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
bet-at-home.com AG
F:ACX
|
0.301x |
|
Volt Power Group Ltd
AU:VPR
|
0.043x |
|
Trivarx Ltd
AU:TRI
|
-0.023x |
|
Trailblazer Merger Corporation I Class A Common Stock
NASDAQ:TBMC
|
0.038x |
|
MMC Sanayi ve Ticari Yatirimlar AS
IS:MMCAS
|
0.001x |
|
Paragon Banking Group PLC
LSE:PAG
|
-0.465x |
|
IRIDEX Corporation
NASDAQ:IRIX
|
0.120x |
|
Genolution Inc.
KQ:225220
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Nexen Tire Prf 1 (2013–2024)
The table below shows the annual cash flow conversion efficiency of Nexen Tire Prf 1 from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 002355 market cap overview.
| 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 | -- |
About Nexen Tire Prf 1
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.