Nexen Tire Past Earnings Performance
Past criteria checks 2/6
Nexen Tire has been growing earnings at an average annual rate of 7.3%, while the Auto Components industry saw earnings growing at 28.1% annually. Revenues have been growing at an average rate of 10.5% per year. Nexen Tire's return on equity is 5%, and it has net margins of 2.9%.
Key information
7.3%
Earnings growth rate
6.3%
EPS growth rate
Auto Components Industry Growth | 24.3% |
Revenue growth rate | 10.5% |
Return on equity | 5.0% |
Net Margin | 2.9% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Nexen Tire Corporation's (KRX:002350) Earnings Haven't Escaped The Attention Of Investors
May 06Is Nexen Tire Corporation (KRX:002350) Trading At A 37% Discount?
Apr 11Nexen Tire (KRX:002350) Use Of Debt Could Be Considered Risky
Feb 26Nexen Tire's (KRX:002350) Returns On Capital Not Reflecting Well On The Business
May 03Nexen Tire (KRX:002350) Has No Shortage Of Debt
Apr 12Would Nexen Tire Corporation (KRX:002350) Be Valuable To Income Investors?
Mar 22Nexen Tire Corporation (KRX:002350) Shares Could Be 24% Below Their Intrinsic Value Estimate
Mar 07Do Institutions Own Nexen Tire Corporation (KRX:002350) Shares?
Feb 20If You Had Bought Nexen Tire's (KRX:002350) Shares Five Years Ago You Would Be Down 44%
Feb 05The Trends At Nexen Tire (KRX:002350) That You Should Know About
Jan 21Is Nexen Tire (KRX:002350) Using Too Much Debt?
Jan 07Should You Investigate Nexen Tire Corporation (KRX:002350) At ₩6,420?
Dec 20Is There An Opportunity With Nexen Tire Corporation's (KRX:002350) 31% Undervaluation?
Dec 05Could The Nexen Tire Corporation (KRX:002350) Ownership Structure Tell Us Something Useful?
Nov 20Revenue & Expenses Breakdown
How Nexen Tire makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 2,828,480 | 82,504 | 468,832 | 88,115 |
30 Jun 24 | 2,812,547 | 141,793 | 446,922 | 87,661 |
31 Mar 24 | 2,740,250 | 125,658 | 427,433 | 87,113 |
31 Dec 23 | 2,701,720 | 96,253 | 421,032 | 86,634 |
30 Sep 23 | 2,725,455 | 83,014 | 397,797 | 84,246 |
30 Jun 23 | 2,742,094 | 46,244 | 389,288 | 86,361 |
31 Mar 23 | 2,703,990 | 9,403 | 369,452 | 88,358 |
31 Dec 22 | 2,597,424 | -27,769 | 351,719 | 90,494 |
30 Sep 22 | 2,440,755 | -46,328 | 339,627 | 90,396 |
30 Jun 22 | 2,266,408 | -58,345 | 319,067 | 88,397 |
31 Mar 22 | 2,118,572 | -40,056 | 311,418 | 83,244 |
31 Dec 21 | 2,079,407 | 4,818 | 308,220 | 85,101 |
30 Sep 21 | 1,991,249 | 26,888 | 298,409 | 86,066 |
30 Jun 21 | 1,923,661 | 11,100 | 294,336 | 88,327 |
31 Mar 21 | 1,732,815 | -12,296 | 274,424 | 91,816 |
31 Dec 20 | 1,698,128 | -16,804 | 269,658 | 91,495 |
30 Sep 20 | 1,698,252 | 15,616 | 269,332 | 94,220 |
30 Jun 20 | 1,766,105 | 53,747 | 271,621 | 95,839 |
31 Mar 20 | 1,992,042 | 106,804 | 284,186 | 95,769 |
31 Dec 19 | 2,022,338 | 118,230 | 282,159 | 92,607 |
30 Sep 19 | 2,053,059 | 113,680 | 259,939 | 85,325 |
30 Jun 19 | 2,036,919 | 116,156 | 272,982 | 78,100 |
31 Mar 19 | 1,999,577 | 97,656 | 279,964 | 73,597 |
31 Dec 18 | 1,983,976 | 96,972 | 286,206 | 70,134 |
30 Sep 18 | 1,938,388 | 99,579 | 327,681 | 67,128 |
30 Jun 18 | 1,946,269 | 112,439 | 341,686 | 65,533 |
31 Mar 18 | 1,957,129 | 121,049 | 350,944 | 63,819 |
31 Dec 17 | 1,964,793 | 124,964 | 363,912 | 62,628 |
30 Sep 17 | 1,995,853 | 142,745 | 368,164 | 60,751 |
30 Jun 17 | 1,939,165 | 147,583 | 360,601 | 59,945 |
31 Mar 17 | 1,918,211 | 161,536 | 360,779 | 60,456 |
31 Dec 16 | 1,894,703 | 173,779 | 355,529 | 59,907 |
30 Sep 16 | 1,877,483 | 172,005 | 330,968 | 61,799 |
30 Jun 16 | 1,877,609 | 145,822 | 320,602 | 63,240 |
31 Mar 16 | 1,851,575 | 144,751 | 311,927 | 63,950 |
31 Dec 15 | 1,837,467 | 125,216 | 305,103 | 65,069 |
30 Sep 15 | 1,818,308 | 124,253 | 306,519 | 64,320 |
30 Jun 15 | 1,783,863 | 131,766 | 292,517 | 63,917 |
31 Mar 15 | 1,749,803 | 125,095 | 278,092 | 63,786 |
31 Dec 14 | 1,758,782 | 128,492 | 270,746 | 62,392 |
30 Sep 14 | 1,727,547 | 118,426 | 260,803 | 62,124 |
30 Jun 14 | 1,730,155 | 126,488 | 253,371 | 60,699 |
31 Mar 14 | 1,748,222 | 115,884 | 249,120 | 58,433 |
31 Dec 13 | 1,728,240 | 122,634 | 237,838 | 56,235 |
Quality Earnings: A002350 has high quality earnings.
Growing Profit Margin: A002350's current net profit margins (2.9%) are lower than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A002350's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: A002350's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A002350 had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Auto Components industry average (10.2%).
Return on Equity
High ROE: A002350's Return on Equity (5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 19:22 |
End of Day Share Price | 2024/12/23 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nexen Tire Corporation is covered by 40 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Paul Hwang | Barclays |
Hyun Soo Lee | Cape Investment & Securities Co., Ltd. |
Sanghoon Kim | Citigroup Inc |