SK hynix, Inc.
In the news
- South Korean boycott hammers sales of Japanese consumer goods Aug 2, 2020
- Samsung and SK Hynix enjoy memory chip boom in pandemic's wake Jul 31, 2020
- SK Hynix's Q2 operating profit triples on rising chip prices Jul 23, 2020
- China cinemas reopen, STAR Market anniversary, PAL Holdings AGM Jul 19, 2020
- A year on, Moon presses ahead with made-in-Korea drive Jul 10, 2020 See more articles on 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 2019 | KRW | USD |
| Revenue | 26,990.73B | 23,144.48M |
| Gross Profit | 7,271.66B | 6,235.43M |
| Operating income | 2,744.39B | 2,353.31M |
| Income before tax | 2,420.09B | 2,075.22M |
| Net income | 2,013.28B | 1,726.38M |
| EBITDA | 11,237.69B | 9,636.29M |
| Diluted EPS | 2,943.01 | 2.52 |
| Dividends Per Share | 1,000 | 0.85 |
| Total Assets | 64,789.49B | 56,024.46M |
| Total liabilities | 16,846.29B | 14,567.25M |
| Total equity | 47,928.41B | 41,444.43M |
| Operating cash flow | 6,483.18B | 5,559.31M |
| Currency in KRW | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 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 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 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 | |
| PER | 31.96 |
| ROA | 3.13% |
| ROE | 4.24% |
| Operating margin | 10.16% |
| Profit margin | 7.45% |
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.
Copyright © 2020 FactSet Research Systems Inc. All rights reserved.
Last Updated on 26 Oct, 2020
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.