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COMPANY BENCHMARKING • UNITED STATES

Hankook Tire - Company Profile

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Hankook Tire - Overview

Description
Hankook Tire is a public company with an estimated 20,000 employees. In the US, the company has a notable market share in at least one industry: Tire Manufacturing, where they account for an estimated 1.2% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Hankook Tire

Company Type: Other

Exchange: KRX

Website: https://www.hankooktire.com

Employees: 20000

Hankook Tire - Operating Industries and Main Competitors

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Hankook Tire - Products and Services

  • Tire Manufacturing in the US

    • Of the 7 core revenue-generating products and services in the Tire Manufacturing in the US industry, Hankook Tire offers:
    • Other vehicle tires
    • Passenger vehicle tires
    • Tractor and implement tires
error_outline To view Hankook Tire's full products and services, see purchase options.

Hankook Tire - Analyst Insights

Hankook rolls out the first iON tires in the United States

In December of 2022, Hankook released its new iON line of tires which are specifically designed for electric vehicles. With the steady rise of the popularity of EVs combined with government incentives, these tires are expected to command high demand moving forward as they help to reduce noise and provide low roll resistance.

Product Innovation|New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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error_outline To view all analyst insights on Hankook Tire, see purchase options.

Hankook Tire - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Hankook Tire's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Tire Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Hankook Tire's full SWOT analysis, see purchase options.

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  • Products and Services
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