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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 2019 KRWUSD
Revenue26,990.73B23,144.48M
Gross Profit7,271.66B6,235.43M
Operating income2,744.39B2,353.31M
Income before tax2,420.09B2,075.22M
Net income2,013.28B1,726.38M
EBITDA11,237.69B9,636.29M
Diluted EPS2,943.012.52
Dividends Per Share1,0000.85
Total Assets64,789.49B56,024.46M
Total liabilities16,846.29B14,567.25M
Total equity47,928.41B41,444.43M
Operating cash flow6,483.18B5,559.31M
Currency in KRWCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 18,797.99B 17,197.97B 30,109.43B 40,445.06B 26,990.73B
Gross Profit 7,708.39B 5,780.57B 16,641.10B 24,323.18B 7,271.66B
Operating income 5,335.77B 3,280.72B 13,746.93B 20,867.63B 2,744.39B
Income before tax 5,244.47B 3,193.70B 13,439.56B 21,341.03B 2,420.09B
Net income 4,322.35B 2,953.77B 10,641.51B 15,540.11B 2,013.28B
EBITDA 9,289.00B 7,737.18B 18,773.16B 27,295.96B 11,237.69B
Diluted EPS 6,002 4,184 15,072.14 22,252.15 2,943.01
Dividends Per Share 500 600 1,000 1,500 1,000
Total Assets 29,677.90B 32,216.02B 45,418.46B 63,658.33B 64,789.49B
Total liabilities 8,290.20B 8,192.49B 11,597.54B 16,806.00B 16,846.29B
Total equity 21,386.86B 24,016.95B 33,815.28B 46,845.71B 47,928.41B
Operating cash flow 9,319.52B 5,548.92B 14,690.61B 22,227.19B 6,483.18B
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 16,608.88M 14,823.41M 26,633.49M 36,750.93M 23,144.48M
Gross Profit 6,810.71M 4,982.43M 14,719.99M 22,101.57M 6,235.43M
Operating income 4,714.39M 2,827.74M 12,159.93M 18,961.64M 2,353.31M
Income before tax 4,633.73M 2,752.74M 11,888.05M 19,391.80M 2,075.22M
Net income 3,818.99M 2,545.94M 9,413.01M 14,120.72M 1,726.38M
EBITDA 8,207.26M 6,668.89M 16,605.92M 24,802.83M 9,636.29M
Diluted EPS 5.30 3.60 13.33 20.21 2.52
Dividends Per Share 0.44 0.51 0.88 1.36 0.85
Total Assets 25,310.56M 26,673.30M 42,425.35M 57,051.74M 56,024.46M
Total liabilities 7,070.23M 6,782.99M 10,833.25M 15,061.84M 14,567.25M
Total equity 18,239.61M 19,884.87M 31,586.82M 41,983.97M 41,444.43M
Operating cash flow 8,234.22M 4,782.77M 12,994.67M 20,197.03M 5,559.31M

Valuation Measures

Dec 2019
PER31.96
ROA3.13%
ROE4.24%
Operating margin10.16%
Profit margin7.45%

Key executives

  • Chairman-Executive Board: Tae-Won Chey
  • President, Chief Executive Officer & Director: Seok-Hee Lee
  • Managing Director & Head-Finance: Kwon Hong
  • Managing Director & Head-Technology: Tae-Hoon Kim
  • Senior MD & Head-Production and Technology: Sang-Seon Lee

Shareholders

  • SK Telecom Co., Ltd. (20.0%)
  • National Pension Service of Korea (10.9%)
  • SK hynix, Inc. (6.0%)
  • The Vanguard Group, Inc. (2.0%)
  • BlackRock Fund Advisors (1.6%)
  • Norges Bank Investment Management (1.1%)
  • Fidelity Management & Research Co. LLC (0.9%)
  • Lazard Asset Management LLC (0.7%)
  • Vontobel Asset Management, Inc. (0.6%)
  • APG Asset Management NV (0.6%)

Contact Details

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

Related Companies

  • Magnachip Semiconductor Corp. /Foundry Bus/
  • SK hynix Semiconductor (Shanghai) Co. Ltd.
  • SK hyeng, Inc.
  • 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.
  • Hynix Semiconductor Asia Pte Ltd.
  • Hynix Service Technology Co. Ltd.
  • Hynix Engineering Co., Ltd.
  • QRT Semiconductor Co., Ltd.
  • SK hynix Deutschland GmbH
  • SK Hynix UK Ltd.
  • Hynix Semiconductor Europe Holding Ltd.
  • Hyundai Unicorns Co. Ltd.
  • Hyundai Electronic Tianjin Multimedia Co. Ltd.
  • Happynarae Co., Ltd.
  • Hynix Semiconductor Japan, Inc.
  • SK Hynix, Inc. ESOA
  • SiliconFile Technologies Inc.
  • SK Hynix Memory Solutions, Inc.
  • Hyundai Semiconductor America, Inc.
  • Hynix Semiconductor, Inc. /Memory Chip Operations/

Competitors

  • Micron Technology, Inc.
  • Elite Semiconductor Microelectronics Tech Inc
  • Infineon Technologies AG
  • AP Memory Technology Corp.
  • Etron Technology, Inc.
  • Fidelix Co., Ltd
  • Nanya Technology Corporation
  • GigaDevice Semiconductor (Beijing), Inc. Class A
  • MoSys, Inc.
  • PixArt Imaging Inc.
  • Innodisk Corp.
  • Western Digital Corporation
  • Seagate Technology PLC
  • Everspin Technologies, Inc.
  • Hana Micron Inc.
  • Hanyang Digitech Co., Ltd
  • Kinpo Electronics, Inc.
  • KoMiCo Ltd.
  • MECARO Co., Ltd.
  • MiCo Ltd.
  • Phoenix Materials Co., Ltd
  • SMART Global Holdings, Inc.
  • T'way Holdings, Inc.
  • YeaRimDang Publishing Co., Ltd.
Last Updated on 26 Oct, 2020

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