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 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

KRW | USD

	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

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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.

Last Updated on 5 Jun, 2023