
Kia Corp
KRX:000270

Kia Corp
Tax Provision
Kia Corp
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Kia Corp
KRX:000270
|
Tax Provision
-â‚©3.7T
|
CAGR 3-Years
-32%
|
CAGR 5-Years
-40%
|
CAGR 10-Years
-16%
|
|
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Hyundai Motor Co
KRX:005380
|
Tax Provision
-â‚©4.2T
|
CAGR 3-Years
-23%
|
CAGR 5-Years
-34%
|
CAGR 10-Years
-6%
|
|
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Ssangyong Motor Co Ltd
KRX:003620
|
Tax Provision
-â‚©1.1B
|
CAGR 3-Years
-222%
|
CAGR 5-Years
-95%
|
CAGR 10-Years
-17%
|
Kia Corp
Glance View
Kia Corporation, rooted in South Korea, has journeyed from a humble beginning as a bicycle manufacturer in 1944 to becoming a formidable player in the global automotive industry. Its story unfolds as one of transformation and strategic pivoting. In the late 20th century, Kia faced financial turmoil, yet its merger with Hyundai Motor Company steered it toward a path of resilience and innovation. This alliance bolstered its engineering capabilities and expanded its global reach, ushering in a new era where style, efficiency, and affordability became its hallmark. The company's product lineup ranges from compact hatchbacks to electric vehicles, appealing to a diverse customer base with varying preferences and environmental considerations. Kia operates on a global scale, using a network of production facilities and an extensive supply chain. Its core business model revolves around the mass production of vehicles, leveraging economies of scale to keep costs low and margins manageable. By prioritizing research and development, Kia constantly evolves its product offerings to meet consumer demands and comply with stringent emission regulations. The profitability of Kia is heavily derived from vehicle sales, complemented by a robust after-sale service network that helps foster brand loyalty and consumer satisfaction. Additionally, Kia is investing in future technologies such as electric and autonomous vehicles, positioning itself at the forefront of the evolving automotive landscape. Through progressive design, commitment to quality, and strategic global partnerships, Kia continues to craft its narrative as a modern automotive contender.

See Also
What is Kia Corp's Tax Provision?
Tax Provision
-3.7T
KRW
Based on the financial report for Dec 31, 2024, Kia Corp's Tax Provision amounts to -3.7T KRW.
What is Kia Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
-16%
Over the last year, the Tax Provision growth was 4%. The average annual Tax Provision growth rates for Kia Corp have been -32% over the past three years , -40% over the past five years , and -16% over the past ten years .