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
Financial Highlights
Dec 2022 | KRW | USD |
Revenue | 44,621.56B | 34,534.10M |
Gross Profit | 14,948.45B | 11,569.10M |
Operating income | 6,809.41B | 5,270.03M |
Income before tax | 3,871.59B | 2,996.35M |
Net income | 2,229.56B | 1,725.52M |
EBITDA | 20,944.70B | 16,209.80M |
Diluted EPS | 3,241.57 | 2.50 |
Dividends Per Share | 1,200 | 0.92 |
Total Assets | 103,871.51B | 82,144.33M |
Total liabilities | 40,580.97B | 32,092.50M |
Total equity | 63,266.35B | 50,032.70M |
Operating cash flow | 14,780.51B | 11,439.12M |
Currency in KRW | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 40,445.06B | 26,990.73B | 31,900.41B | 42,997.79B | 44,621.56B |
Gross Profit | 24,323.18B | 7,278.12B | 9,845.11B | 18,207.33B | 14,948.45B |
Operating income | 20,867.63B | 2,750.85B | 5,032.94B | 12,410.34B | 6,809.41B |
Income before tax | 21,341.03B | 2,410.00B | 6,273.31B | 13,253.70B | 3,871.59B |
Net income | 15,540.11B | 2,005.97B | 4,755.10B | 9,602.31B | 2,229.56B |
EBITDA | 27,295.96B | 11,356.35B | 14,797.72B | 23,057.22B | 20,944.70B |
Diluted EPS | 22,252.15 | 2,932.32 | 6,950.48 | 13,984.06 | 3,241.57 |
Dividends Per Share | 1,500 | 1,000 | 1,170 | 1,540 | 1,200 |
Total Assets | 63,658.33B | 65,248.35B | 71,173.85B | 96,346.52B | 103,871.51B |
Total liabilities | 16,806.00B | 17,312.46B | 19,264.75B | 34,155.46B | 40,580.97B |
Total equity | 46,845.71B | 47,921.10B | 51,888.54B | 62,157.07B | 63,266.35B |
Operating cash flow | 22,227.19B | 6,549.73B | 12,314.57B | 19,797.64B | 14,780.51B |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 36,750.93M | 23,144.48M | 27,036.82M | 37,547.43M | 34,534.10M |
Gross Profit | 22,101.57M | 6,240.97M | 8,344.11M | 15,899.39M | 11,569.10M |
Operating income | 18,961.64M | 2,358.85M | 4,265.61M | 10,837.21M | 5,270.03M |
Income before tax | 19,391.80M | 2,066.57M | 5,316.87M | 11,573.67M | 2,996.35M |
Net income | 14,120.72M | 1,720.11M | 4,030.13M | 8,385.13M | 1,725.52M |
EBITDA | 24,802.83M | 9,738.04M | 12,541.63M | 20,134.51M | 16,209.80M |
Diluted EPS | 20.21 | 2.51 | 5.89 | 12.21 | 2.50 |
Dividends Per Share | 1.36 | 0.85 | 0.99 | 1.34 | 0.92 |
Total Assets | 57,051.74M | 56,421.24M | 65,519.51M | 81,048.60M | 82,144.33M |
Total liabilities | 15,061.84M | 14,970.35M | 17,734.28M | 28,732.25M | 32,092.50M |
Total equity | 41,983.97M | 41,438.11M | 47,766.30M | 52,287.75M | 50,032.70M |
Operating cash flow | 20,197.03M | 5,616.38M | 10,437.06M | 17,288.11M | 11,439.12M |
Valuation Measures
Dec 2022 | |
PER | 23.13 |
ROA | 2.22% |
ROE | 3.55% |
Operating margin | 15.26% |
Profit margin | 4.99% |
Key executives
- Chairman-Executive Board: Tae-Won Choi
- 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 (7.1%)
- SK hynix, Inc. (5.4%)
- Capital Research & Management Co. (World Investors) (2.8%)
- The Vanguard Group, Inc. (1.9%)
- BlackRock Fund Advisors (1.7%)
- Samsung Asset Management Co., Ltd. (1.1%)
- Norges Bank Investment Management (1.1%)
- Mirae Asset Global Investments Co., Ltd. (0.9%)
- Dimensional Fund Advisors LP (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 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
- SK hynix U.K. Ltd.
Competitors
- Fidelix Co., Ltd
- Biwin Storage Technology Co., Ltd. Class A
- Micron Technology, Inc.
- Elite Semiconductor Microelectronics Tech Inc
- AP Memory Technology Corp.
- Etron Technology, Inc.
- Infineon Technologies AG
- Nanya Technology Corporation
- Giga Device Semiconductor Inc. Class A
- VisEra Technologies Co., Ltd.
- NVH Korea, Inc.
- Peraso, Inc.
- PixArt Imaging Inc.
- United Microelectronics Corp.
- Western Digital Corporation
- ADATA Technology Co., Ltd.
- Seagate Technology Holdings PLC
- Seagate Technology Holdings PLC
- Chip Hope Co., Ltd.
- Everspin Technologies, Inc.
- Grinm Advanced Materials Co., Ltd. Class A
- Hana Micron Inc.
- Hanyang Digitech Co., Ltd
- Ingenic Semiconductor Co., Ltd Class A
- Kinpo Electronics, Inc.
- KoMiCo Ltd.
- Kunshan Kinglai Hygienic Materials Co., Ltd. Class A
- MiCo Ltd.
- NEPES ARK CORP.
- Peraso, Inc.
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