Hankook Tire & Technology Co Ltd - Company Profile
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Hankook Tire & Technology Co Ltd (Hankook Tire), formerly Hankook Tire Co Ltd, is a tire manufacturing company, which produces, recycles, processes, and markets tires, tubes, and automotive parts. Its product portfolio comprises passenger car radial tires, light truck radial tires, ultra-high-performance tires, competition tires and trucks, and bus radial tires. 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 has operations in 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
7,019
Industry
Automotive
Ticker Symbol & Exchange
161390 (KRX)
Revenue (2022)
$6.8B
6.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
4.3%
(2022 vs 2021)
Market Cap*
$5.5B
Net Profit Margin (2022)
XYZ
-2.0%
(2022 vs 2021)
* As of and is in US$
Hankook Tire & Technology Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products | Services | Hankook |
| Tires: | Tire Care Guide | Laufenn |
| Passenger Cars | Tire Registration | Kingstar |
| 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 |
|---|---|---|
| 2024 | New Products/Services | In February, the company launched the Winter i*cept iZ3 tire. |
| 2024 | Contracts/Agreements | In February, the company's TBR tires were selected by Hino Trucks and Hino Canada for the US and Canadian markets. |
| 2023 | Corporate Changes/Expansions | In November, the company opened a local corporation to sell tires in Taiwan. |
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 | Gurgaon |
| State/Province | - | Auvergne | Ohio | Hyogo | Haryana |
| No. of Employees | 7,019 | 132,500 | 71,000 | 39,975 | 16,090 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Seongjin Kim | Chief Digital Officer | Senior Management | 2023 | - |
| Hyunbum Cho | Chairman; Chief Executive Officer - Hankook & Company; Chairman - Hankook & Company | Executive Board | 2022 | - |
| Jong Ho Park | Chief Executive Officer - Management Support Division; Director | Executive Board | - | - |
| Bon Hee Ku | Chief Technology Officer; Executive Vice President | Senior Management | - | - |
| Jeongho Park | Executive Vice President; Chief Marketing Officer; Chief Innovation Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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