Nexen Tire Prf 1 (002355) - Total Assets
Based on the latest financial reports, Nexen Tire Prf 1 (002355) holds total assets worth ₩4.94 Trillion KRW (≈ $3.35 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 002355 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Nexen Tire Prf 1 - Total Assets Trend (2013–2024)
This chart illustrates how Nexen Tire Prf 1's total assets have evolved over time, based on quarterly financial data. See 002355 net asset value for net asset value and shareholders' equity analysis.
Nexen Tire Prf 1 - Asset Composition Analysis
Current Asset Composition (December 2024)
Nexen Tire Prf 1's total assets of ₩4.94 Trillion consist of 41.0% current assets and 59.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 3.0% |
| Accounts Receivable | ₩513.73 Billion | 11.2% |
| Inventory | ₩894.01 Billion | 19.5% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩16.97 Billion | 0.4% |
| Goodwill | ₩1.44 Billion | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Nexen Tire Prf 1's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 002355 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nexen Tire Prf 1's current assets represent 41.0% of total assets in 2024, an increase from 32.0% in 2013.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, up from 2.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 19.5% of total assets.
Nexen Tire Prf 1 Competitors by Total Assets
Key competitors of Nexen Tire Prf 1 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Feilong Auto Components Co Ltd
SHE:002536
|
China | CN¥6.13 Billion |
|
Shanghai Beite Technology Co
SHG:603009
|
China | CN¥4.01 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥10.78 Billion |
|
Streamax Technology Co Ltd
SHE:002970
|
China | CN¥3.62 Billion |
|
Sichuan Chengfei Integration Technology Corp Ltd
SHE:002190
|
China | CN¥7.06 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
India | Rs25.57 Billion |
Nexen Tire Prf 1 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.33 | 1.25 | 1.57 |
| Quick Ratio | 0.79 | 0.75 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩525.30 Billion | ₩369.63 Billion | ₩433.52 Billion |
Nexen Tire Prf 1 - Advanced Valuation Insights
This section examines the relationship between Nexen Tire Prf 1's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.23 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | ₩4.57 Trillion |
| Market Capitalization | $16.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nexen Tire Prf 1's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Nexen Tire Prf 1's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nexen Tire Prf 1 (2013–2024)
The table below shows the annual total assets of Nexen Tire Prf 1 from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩4.57 Trillion ≈ $3.10 Billion |
+8.08% |
| 2023-12-31 | ₩4.23 Trillion ≈ $2.87 Billion |
+7.31% |
| 2022-12-31 | ₩3.94 Trillion ≈ $2.67 Billion |
+3.16% |
| 2021-12-31 | ₩3.82 Trillion ≈ $2.59 Billion |
+7.97% |
| 2020-12-31 | ₩3.54 Trillion ≈ $2.40 Billion |
+3.06% |
| 2019-12-31 | ₩3.44 Trillion ≈ $2.33 Billion |
+5.98% |
| 2018-12-31 | ₩3.24 Trillion ≈ $2.20 Billion |
+16.04% |
| 2017-12-31 | ₩2.79 Trillion ≈ $1.89 Billion |
+6.73% |
| 2016-12-31 | ₩2.62 Trillion ≈ $1.77 Billion |
+1.44% |
| 2015-12-31 | ₩2.58 Trillion ≈ $1.75 Billion |
+2.12% |
| 2014-12-31 | ₩2.53 Trillion ≈ $1.71 Billion |
+9.89% |
| 2013-12-31 | ₩2.30 Trillion ≈ $1.56 Billion |
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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.