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Electronic Technology

SK hynix, Inc.

  • 85,900.00 KRW
  • +1,500.00
  • +1.78%
  • South Korea
    Apr 20, 2018
  • Ticker
    KRX(000660)
  • Prev. close
    84,400
  • Market cap (KRW)
    61,443.40B
  • Market cap (USD)
    57,571.70M
  • Shares
    728.00M

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 2017 KRWUSD
Revenue30,109.43B26,633.49M
Gross Profit16,641.10B14,719.99M
Operating income13,746.93B12,159.93M
Income before tax13,439.56B11,888.05M
Net income10,641.51B9,413.01M
EBITDA18,773.16B16,605.92M
Diluted EPS15,07213.33
Dividends Per Share1,0000.88
Total Assets45,418.46B42,425.35M
Total liabilities11,597.54B10,833.25M
Total equity33,815.28B31,586.82M
Operating cash flow14,690.61B12,994.67M
Currency in KRWCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 14,165.10B 17,125.56B 18,797.99B 17,197.97B 30,109.43B
Gross Profit 5,090.70B 7,264.88B 7,708.39B 5,780.57B 16,641.10B
Operating income 3,387.90B 5,111.77B 5,335.77B 3,280.72B 13,746.93B
Income before tax 3,055.66B 5,035.16B 5,244.47B 3,193.70B 13,439.56B
Net income 2,872.47B 4,195.45B 4,322.35B 2,953.77B 10,641.51B
EBITDA 6,466.42B 8,555.75B 9,289.00B 7,737.18B 18,773.16B
Diluted EPS 4,045 5,842 6,002 4,184 15,072
Dividends Per Share 0 300 500 600 1,000
Total Assets 20,882.46B 26,883.27B 29,677.90B 32,216.02B 45,418.46B
Total liabilities 7,815.60B 8,846.97B 8,290.20B 8,192.49B 11,597.54B
Total equity 13,067.24B 18,036.45B 21,386.86B 24,016.95B 33,815.28B
Operating cash flow 6,372.05B 5,866.69B 9,319.52B 5,548.92B 14,690.61B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 12,938.97M 16,268.87M 16,608.88M 14,823.41M 26,633.49M
Gross Profit 4,650.05M 6,901.46M 6,810.71M 4,982.43M 14,719.99M
Operating income 3,094.64M 4,856.06M 4,714.39M 2,827.74M 12,159.93M
Income before tax 2,791.17M 4,783.28M 4,633.73M 2,752.74M 11,888.05M
Net income 2,623.82M 3,985.58M 3,818.99M 2,545.94M 9,413.01M
EBITDA 5,906.69M 8,127.75M 8,207.26M 6,668.89M 16,605.92M
Diluted EPS 3.69 5.54 5.30 3.60 13.33
Dividends Per Share 0 0.28 0.44 0.51 0.88
Total Assets 19,787.23M 24,458.24M 25,310.56M 26,673.30M 42,425.35M
Total liabilities 7,405.69M 8,048.92M 7,070.23M 6,782.99M 10,833.25M
Total equity 12,381.90M 16,409.45M 18,239.61M 19,884.87M 31,586.82M
Operating cash flow 5,820.49M 5,573.21M 8,234.22M 4,782.77M 12,994.67M

Valuation Measures

Dec 2017
PER5.07
ROA27.41%
ROE36.80%
Operating margin45.65%
Profit margin35.34%

Key executives

  • Chairman-Executive Board: Tae-Won Chey
  • Vice Chairman & Chief Executive Officer: Sung-Wook Park
  • Co-President, Director & Head-Management Support: Joon-Ho Kim
  • Co-President, Director & Head-Business Support: Seok-Hee Lee
  • Senior Managing Director & Head-Finance: Myung-Young Lee

Shareholders

  • SK Telecom Co., Ltd. (20.0%)
  • National Pension Service of Korea (10.0%)
  • SK hynix, Inc. (3.0%)
  • Capital Research & Management Co. (World Investors) (2.7%)
  • BlackRock Fund Advisors (1.9%)
  • The Vanguard Group, Inc. (1.7%)
  • Capital Research & Management Co. (Global Investors) (1.6%)
  • Norges Bank Investment Management (0.9%)
  • Lazard Asset Management LLC (0.8%)
  • APG Asset Management NV (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

  • 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.
  • Hynix Semiconductor Deutschland GmbH
  • Hynix Semiconductor UK Ltd.
  • Hynix Semiconductor Europe Holding Ltd.
  • Hyundai Unicorns Co. Ltd.
  • Hynix Semiconductor Japan, Inc.
  • SK Hynix, Inc. ESOA
  • SiliconFile Technologies Inc.
  • SK Hynix Memory Solutions, Inc.
  • Hynix Semiconductor, Inc. /Memory Chip Operations/

Competitors

  • Fidelix Co., Ltd
  • Micron Technology, Inc.
  • Cypress Semiconductor Corporation
  • GigaDevice Semiconductor (Beijing), Inc. Class A
  • Western Digital Corporation
  • Infineon Technologies AG
  • Everspin Technologies, Inc.
  • HAESUNG DS Co., Ltd.
  • Phoenix Materials Co., Ltd
  • SFA Semicon Co., Ltd.
  • SMART Global Holdings, Inc.
Last Updated on 20 Apr, 2018

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