Hankook Tire & Technology Co Ltd - Company Profile
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Hankook Tire & Technology Co Ltd (Hankook Tire) is a global automotive parts company engaged in the manufacturing and sales of tires, automotive thermal management systems, and general machinery. The company's major products include tires for passenger cars, trucks, buses, SUVs, and light trucks, as well as components for automotive thermal energy management systems. In addition, the company offers maintenance and repair services such as installation, tire change, and wheel alignment services for passenger cars, light trucks, buses, and competition cars. It operates under various brand names including Laufenn, Kingstar, Ventus, Dynapro, Smart, and VanTRa. The company's products serve a wide range of industries, including automotive, aerospace, IT/telecommunications, and medical devices, catering to both OEM and replacement markets. The company has operations across North America, Europe, the Middle East and Africa, and Asia. Hankook Tire is headquartered in Seongnam, Gyeonggi-do, South Korea.
Headquarters
South Korea
Address
286, Pangyo-Ro, Bundang-Gu, Seongnam, 13494
Website
www.hankooktire.com/kr
Telephone
82 31 51787000
No of Employees
6,493
Industry
Automotive
Ticker Symbol & Exchange
161390 (KRX)
Revenue (2024)
$14.9B
125.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2.3%
(2024 vs 2023)
Market Cap*
$5.8B
Net Profit Margin (2024)
XYZ
-56.6%
(2024 vs 2023)
* As of and is in US$
Hankook Tire & Technology Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tires: | Tire Maintenance and Fitment Services | Hankook |
| Passenger Cars | Laufenn | |
| Trucks and Buses | Ventus | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In September, the company entered into an original equipment tire supply contract with Schmitz Cargobull for truck and bus tires. |
| 2026 | Others | In September, the company launched a new brand film, Rough Terrain for its SUV-exclusive tire brand, Dynapro in the US. |
| 2026 | New Products/Services | In September, the company introduced the new Winter i*cept evo 4. |
Competitor Comparison
| Key Parameters | Hankook Tire & Technology Co Ltd | Compagnie Generale des Etablissements Michelin | The Goodyear Tire & Rubber Co | Sumitomo Rubber Industries Ltd | Apollo Tyres Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | France | United States of America | Japan | India |
| City | Seongnam | Clermont-Ferrand | Akron | Kobe-Shi | Gurugram |
| State/Province | - | Auvergne | Ohio | Hyogo | Haryana |
| No. of Employees | 6,493 | 123,300 | 63,000 | 37,671 | 15,027 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hyun Bum Cho | Chairman | Executive Board | 2022 | 54 |
| Sang Hoon Lee | Co Chief Executive Officer, Head - Marketing; President | Executive Board | 2024 | 60 |
| Jongseon Ahn | Co Chief Executive Officer; Director; Head of Management Innovation Division; President | Executive Board | 2025 | 57 |
| Jeong-Su Park | Director; Finance & Accounting Division; Senior Vice President | Executive Board | 2025 | 55 |
| Bon Hee Ku | Chief Technology Officer; Executive Vice President | Senior Management | - | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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