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Electronic Technology

SK hynix, Inc.

Company Background

SK Hynix is one of world's largest manufacturers of semiconductors.

The company began as Hyundai Electronics Industries, established in 1983 by South Korea's Hyundai group. In 1999, the company acquired LG Semiconductor from South Korea's LG group. It changed its name to Hynix Semiconductor in 2001. The company came under the supervision of financial institutions in 2001 amid balance sheet troubles and restructured. In 2011, the company came under the umbrella of leading South Korean mobile carrier SK Telecom, a unit under SK Holdings. It changed its name to SK Hynix in 2012.

SK Holdings also operates businesses in energy and other sectors. The group's Chairman Chey Tae-won also serves part-time as Chairman of SK Hynix. SK Hynix's earnings have rapidly grown thanks to its aggressive capital investment, after becoming a member of the country's major conglomerate.

Japanese electronics maker Toshiba filed a damages suit against its business partner SK Hynix over the leak of NAND flash memory data, which has been settled. The two companies continued to work together on a next-generation memory chip even during the lawsuit.

SK Hynix operates plants in South Korea's Icheon, Gyeonggi Province; Cheongju, Chungcheongbuk Province; and China's Wuxi, Jiangsu Province.

Business Summary

SK hynix, Inc. engages in the manufacture and sale of semiconductor products. Its products include dynamic random access memory, flash memory, complementary metal oxide semiconductor image sensor, and others. The company was founded on October 15, 1949 and is headquartered in Icheon, South Korea.

Financial Highlights

Dec 2021 KRWUSD
Revenue42,997.79B37,547.43M
Gross Profit18,207.33B15,899.39M
Operating income12,410.34B10,837.21M
Income before tax13,253.70B11,573.67M
Net income9,602.31B8,385.13M
EBITDA23,057.22B20,134.51M
Diluted EPS13,984.0612.21
Dividends Per Share1,5401.34
Total Assets96,386.47B81,082.20M
Total liabilities34,195.41B28,765.86M
Total equity62,157.07B52,287.75M
Operating cash flow19,797.64B17,288.11M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 30,109.43B 40,445.06B 26,990.73B 31,900.41B 42,997.79B
Gross Profit 16,641.10B 24,323.18B 7,278.12B 9,845.11B 18,207.33B
Operating income 13,746.93B 20,867.63B 2,750.85B 5,032.94B 12,410.34B
Income before tax 13,439.56B 21,341.03B 2,410.00B 6,273.31B 13,253.70B
Net income 10,641.51B 15,540.11B 2,005.97B 4,755.10B 9,602.31B
EBITDA 18,773.16B 27,295.96B 11,356.35B 14,797.72B 23,057.22B
Diluted EPS 15,072.14 22,252.15 2,932.32 6,950.48 13,984.06
Dividends Per Share 1,000 1,500 1,000 1,170 1,540
Total Assets 45,418.46B 63,658.33B 65,248.35B 71,173.85B 96,386.47B
Total liabilities 11,597.54B 16,806.00B 17,312.46B 19,264.75B 34,195.41B
Total equity 33,815.28B 46,845.71B 47,921.10B 51,888.54B 62,157.07B
Operating cash flow 14,690.61B 22,227.19B 6,549.73B 12,314.57B 19,797.64B
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 26,633.49M 36,750.93M 23,144.48M 27,036.82M 37,547.43M
Gross Profit 14,719.99M 22,101.57M 6,240.97M 8,344.11M 15,899.39M
Operating income 12,159.93M 18,961.64M 2,358.85M 4,265.61M 10,837.21M
Income before tax 11,888.05M 19,391.80M 2,066.57M 5,316.87M 11,573.67M
Net income 9,413.01M 14,120.72M 1,720.11M 4,030.13M 8,385.13M
EBITDA 16,605.92M 24,802.83M 9,738.04M 12,541.63M 20,134.51M
Diluted EPS 13.33 20.21 2.51 5.89 12.21
Dividends Per Share 0.88 1.36 0.85 0.99 1.34
Total Assets 42,425.35M 57,051.74M 56,421.24M 65,519.51M 81,082.20M
Total liabilities 10,833.25M 15,061.84M 14,970.35M 17,734.28M 28,765.86M
Total equity 31,586.82M 41,983.97M 41,438.11M 47,766.30M 52,287.75M
Operating cash flow 12,994.67M 20,197.03M 5,616.38M 10,437.06M 17,288.11M

Valuation Measures

Dec 2021
PER9.36
ROA11.46%
ROE16.83%
Operating margin28.86%
Profit margin22.33%

Key executives

  • Chairman-Executive Board: Tae-Won Chey
  • Co-Chief Executive Officer & Director: Jung-Ho Park
  • President, Chief Executive Officer & Director: Seok-Hee Lee
  • Managing Director & Head-Finance: Kwon Hong
  • Managing Director & Head-Technology: Tae-Hoon Kim

Shareholders

  • SK Square Co. Ltd. (20.0%)
  • National Pension Service of Korea (8.1%)
  • SK hynix, Inc. (5.5%)
  • Capital Research & Management Co. (World Investors) (3.8%)
  • The Vanguard Group, Inc. (1.9%)
  • BlackRock Fund Advisors (1.7%)
  • Samsung Asset Management Co., Ltd. (1.0%)
  • Norges Bank Investment Management (1.0%)
  • Mirae Asset Global Investments Co., Ltd. (1.0%)
  • Capital International Ltd. (0.8%)

Contact Details

  • Website:http://www.skhynix.com
  • Address: 2091 Gyeongchung-daero, Bubal-eup, Icheon, 17336, South Korea
  • Phone: +82.31.630.4114

Related Companies

  • Key Foundry Co., Ltd
  • Gauss Labs, Inc.
  • SK hynix Ventures Hong Kong Ltd.
  • SK hynix memory solutions Eastern Europe LLC
  • SK hynix memory solutions Taiwan Ltd.
  • SK hynix (Wuxi) Semiconductor Sales Ltd.
  • HAPPY-MORE, INC.
  • Money Market Trust
  • Magnachip Semiconductor Corp. /Foundry Bus/
  • SK APTECH Ltd.
  • SK hynix system ic, Inc.
  • SK hynix Semiconductor (Shanghai) Co., Ltd.
  • SK hyeng, Inc.
  • SK Hystec Co., Ltd.
  • SK Hynix Semiconductor (Wuxi) Ltd.
  • SK hynix Semiconductor Hong Kong Ltd.
  • SK hynix Semiconductor (China) Ltd.
  • Softeq Development Fllc /Firmware Business/
  • Violin Memory, Inc. /Expansion Card Div/
  • SK hynix America, Inc.
  • SK hynix Japan, Inc.
  • SK hynix Semiconductor Taiwan, Inc.
  • SK hynix Italy Srl
  • Hynix Semiconductor Taiwan, Inc.
  • Hynix-Numonyx Semiconductor Ltd.
  • SK hynix Asia Pte Ltd.
  • Hynix Service Technology Co. Ltd.
  • Hynix Engineering Co., Ltd.
  • QRT Semiconductor Co., Ltd.
  • SK hynix Deutschland GmbH

Competitors

  • Fidelix Co., Ltd
  • Micron Technology, Inc.
  • Elite Semiconductor Microelectronics Tech Inc
  • Infineon Technologies AG
  • AP Memory Technology Corp.
  • Dosilicon Co. Ltd. Class A
  • Etron Technology, Inc.
  • Nanya Technology Corporation
  • Giga Device Semiconductor Inc. Class A
  • VisEra Technologies Co., Ltd.
  • NVH Korea, Inc.
  • Peraso, Inc.
  • PixArt Imaging Inc.
  • Western Digital Corporation
  • Seagate Technology Holdings PLC
  • Seagate Technology Holdings PLC
  • Chip Hope Co., Ltd.
  • Everspin Technologies, Inc.
  • Grinm Advanced Materials Co., Ltd. Class A
  • Guangdong Huate Gas Co. Ltd Class A
  • Hana Micron Inc.
  • Hanyang Digitech Co., Ltd
  • Ingenic Semiconductor Co., Ltd Class A
  • Kinpo Electronics, Inc.
  • KoMiCo Ltd.
  • LX Semicon Co., Ltd.
  • MECARO Co., Ltd.
  • MiCo Ltd.
  • Peraso, Inc.
Last Updated on 8 Dec, 2022

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