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Nexen Tire Corporation Company Snapshot
Nexen Tire Corporation operates in the Tires and inner tubes sector. In addition to historical fundamental analyses, the complete report available to purchase compares Nexen Tire with three other tire manufacturers in Asia: Triangle Tyre Co Ltd of CHINA (2020 sales of 8.54 billion Chinese Renmimbi [US$1.32 billion] of which 100% was Tire), Nexen Corporation (1.97 trillion Korean Won [US$1.73 billion] of which 96% was Rubber Products), and Bengal & Assam Company Limited which is based in INDIA (109.93 billion Indian Rupees [US$1.48 billion] ).

Sales Analysis. During the first quarter of 2021, sales at Nexen Tire totalled 493.82 billion Korean Won . This is an increase of 7.6% from the 459.14 billion Korean Won in sales at the company during the first quarter of 2020. Nexen Tire reported sales of 1.70 trillion Korean Won (US$1.50 billion) for the year ending December of 2020. This represents a decrease of 16.0% versus 2019, when the company's sales were 2.02 trillion Korean Won . The sales level in 2020 was fairly close to the level five years ago: in 2015, Nexen Tire had sales of 1.84 trillion Korean Won . Contributing to the drop in overall sales was the 32.7% decline in Machinery Manufacturing, from 709.44 million Korean Won to 477.80 million Korean Won . There were also decreases in sales in Tire (down 16.1% to 1.69 trillion Korean Won ) . However, these declines were partially offset by the increase in sales of Shipping and Storage (up 16.7% to 3.07 billion Korean Won ) .
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Nexen Tire Corporation
  Stock Performance Chart for Nexen Tire Corporation
  Stock Data: Recent Stock Performance:
  Current Price (6/18/2021): 8,740.00
(Figures in Korean Won )
1 Week 1.6%   13 Weeks 10.6%  
4 Weeks 13.5%   52 Weeks 52.8%  
Nexen Tire Corporation Key Data:
  Ticker: 002350 Country: Korea (South)
  Exchanges: SEO Major Industry: Automobiles & Components
    Sub Industry: Tires and Inner Tubes
  2020 Sales 1,698,127,805,403
(Year Ending Jan 2021).
Employees: 4,221
  Currency: Korean Won Market Cap: 840,468,343,240
  Fiscal Yr Ends: December Shares Outstanding: 96,163,426
  Share Type: Common Closely Held Shares: 65,392,425
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