Hankook & Company Co Ltd
KRX:000240
Hankook & Company Co Ltd
Research & Development
Hankook & Company Co Ltd
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
Hankook & Company Co Ltd
KRX:000240
|
Research & Development
-₩8.1B
|
CAGR 3-Years
7%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
N/A
|
|
|
HL Mando Corp
KRX:204320
|
Research & Development
-₩316B
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
-13%
|
|
|
Hanon Systems
KRX:018880
|
Research & Development
-₩179.2B
|
CAGR 3-Years
1%
|
CAGR 5-Years
0%
|
CAGR 10-Years
1%
|
|
|
S
|
SL Corp
KRX:005850
|
Research & Development
-₩14.9B
|
CAGR 3-Years
4%
|
CAGR 5-Years
1%
|
CAGR 10-Years
-9%
|
|
|
Hyundai Wia Corp
KRX:011210
|
Research & Development
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Hyundai Mobis Co Ltd
KRX:012330
|
Research & Development
-₩1.8T
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
-13%
|
|
Hankook & Company Co Ltd
Glance View
In the landscape of the global tire industry, Hankook & Company Co Ltd. has crafted a compelling narrative of innovation and resilience. Originally founded in South Korea, the company has evolved beyond its initial focus on tire manufacturing to embrace a diversified approach, which includes investing in burgeoning technologies and expanding its business horizons. At its core, Hankook remains a prominent player in the production and distribution of tires for an array of vehicles, ranging from compact cars to heavy-duty trucks. The company's strategy hinges on leveraging cutting-edge research and development to produce high-performance tires that enhance safety and fuel efficiency, attracting a loyal customer base spanning across the globe. Driven by a relentless pursuit of excellence, Hankook intricately weaves technological advancement with strategic brand positioning, ensuring its products are not only functional but also environmentally conscious. The company operates through an extensive network of manufacturing plants and R&D centers positioned in key markets, enabling it to deliver tailored solutions that align with regional demands and regulatory standards. This global footprint, bolstered by strategic partnerships and investments, allows Hankook to tap into new market opportunities and sustain a steady revenue stream. By continuously enhancing its operational efficiencies and expanding its product line, Hankook not only fortifies its competitive edge in the tire industry but also pioneers sustainable growth avenues, proving its mettle in navigating the intricacies of a dynamic business environment.
See Also
What is Hankook & Company Co Ltd's Research & Development?
Research & Development
-8.1B
KRW
Based on the financial report for Sep 30, 2025, Hankook & Company Co Ltd's Research & Development amounts to -8.1B KRW.
What is Hankook & Company Co Ltd's Research & Development growth rate?
Research & Development CAGR 5Y
-8%
Over the last year, the Research & Development growth was -21%. The average annual Research & Development growth rates for Hankook & Company Co Ltd have been 7% over the past three years , -8% over the past five years .