Nexen Tire Corporation

KSE 002350.KS

Nexen Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2023: 7.24%

Nexen Tire Corporation Return on Capital Employed (ROCE) is 7.24% for the year ending December 31, 2023, a 2,146.55% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Nexen Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2022 was -0.35%, a -124.50% change year over year.
Nexen Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 1.44%, a 187.22% change year over year.
Nexen Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 0.50%, a -93.45% change year over year.
Nexen Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 7.67%, a 11.92% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

KSE: 002350.KS

Nexen Tire Corporation

CEO	Mr. Ho-Chan Kang
IPO Date	Jan. 4, 2000
Location	South Korea
Headquarters	355, Chungnyeol-ro
Employees	4,120
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Trucking & Road Freight

Description

Nexen Tire Corporation engages in the production, sale, and rental of tires in South Korea and internationally. The company offers passenger car, SUV, van and light truck, and solid tires, as well as tubes and flaps; and tire finder and warranty services. It also provides services in the non-tire sector, including transport and storage, and molding, as well as confectionery and baking. The company was founded in 1942 and is headquartered in Yangsan-si, South Korea.

Key trends

Past 5 years