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

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 2021	KRW	USD
Revenue	42,997.79B	37,547.43M
Gross Profit	18,207.33B	15,899.39M
Operating income	12,410.34B	10,837.21M
Income before tax	13,253.70B	11,573.67M
Net income	9,602.31B	8,385.13M
EBITDA	23,057.22B	20,134.51M
Diluted EPS	13,984.06	12.21
Dividends Per Share	1,540	1.34
Total Assets	96,386.47B	81,082.20M
Total liabilities	34,195.41B	28,765.86M
Total equity	62,157.07B	52,287.75M
Operating cash flow	19,797.64B	17,288.11M
	Currency in KRW	Currency in USD

Historical Data

KRW | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	30,109.43B	40,445.06B	26,990.73B	31,900.41B	42,997.79B
Gross Profit	16,641.10B	24,323.18B	7,278.12B	9,845.11B	18,207.33B
Operating income	13,746.93B	20,867.63B	2,750.85B	5,032.94B	12,410.34B
Income before tax	13,439.56B	21,341.03B	2,410.00B	6,273.31B	13,253.70B
Net income	10,641.51B	15,540.11B	2,005.97B	4,755.10B	9,602.31B
EBITDA	18,773.16B	27,295.96B	11,356.35B	14,797.72B	23,057.22B
Diluted EPS	15,072.14	22,252.15	2,932.32	6,950.48	13,984.06
Dividends Per Share	1,000	1,500	1,000	1,170	1,540
Total Assets	45,418.46B	63,658.33B	65,248.35B	71,173.85B	96,386.47B
Total liabilities	11,597.54B	16,806.00B	17,312.46B	19,264.75B	34,195.41B
Total equity	33,815.28B	46,845.71B	47,921.10B	51,888.54B	62,157.07B
Operating cash flow	14,690.61B	22,227.19B	6,549.73B	12,314.57B	19,797.64B

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021
Revenue	26,633.49M	36,750.93M	23,144.48M	27,036.82M	37,547.43M
Gross Profit	14,719.99M	22,101.57M	6,240.97M	8,344.11M	15,899.39M
Operating income	12,159.93M	18,961.64M	2,358.85M	4,265.61M	10,837.21M
Income before tax	11,888.05M	19,391.80M	2,066.57M	5,316.87M	11,573.67M
Net income	9,413.01M	14,120.72M	1,720.11M	4,030.13M	8,385.13M
EBITDA	16,605.92M	24,802.83M	9,738.04M	12,541.63M	20,134.51M
Diluted EPS	13.33	20.21	2.51	5.89	12.21
Dividends Per Share	0.88	1.36	0.85	0.99	1.34
Total Assets	42,425.35M	57,051.74M	56,421.24M	65,519.51M	81,082.20M
Total liabilities	10,833.25M	15,061.84M	14,970.35M	17,734.28M	28,765.86M
Total equity	31,586.82M	41,983.97M	41,438.11M	47,766.30M	52,287.75M
Operating cash flow	12,994.67M	20,197.03M	5,616.38M	10,437.06M	17,288.11M

Valuation Measures

Dec 2021
PER	9.36
ROA	11.46%
ROE	16.83%
Operating margin	28.86%
Profit margin	22.33%

Key executives

Chairman-Executive Board: Tae-Won Chey
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 (9.1%)
SK hynix, Inc. (5.5%)
Capital Research & Management Co. (World Investors) (2.3%)
The Vanguard Group, Inc. (1.8%)
BlackRock Fund Advisors (1.7%)
Norges Bank Investment Management (1.0%)
Samsung Asset Management Co., Ltd. (0.8%)
Mirae Asset Global Investments Co., Ltd. (0.7%)
RBC Global Asset Management (UK) Ltd. (0.7%)

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
Micron Technology, Inc.
Elite Semiconductor Microelectronics Tech Inc
Infineon Technologies AG
AP Memory Technology Corp.
Etron Technology, Inc.
Nanya Technology Corporation
Giga Device Semiconductor (Beijing) Inc. Class A
VisEra Technologies Co., Ltd.
NVH Korea, Inc.
Peraso, Inc.
PixArt Imaging Inc.
Western Digital Corporation
Seagate Technology Holdings PLC
Seagate Technology Holdings PLC
Anji Microelectronics Technology (Shanghai) Co.Ltd. Class A
Everspin Technologies, Inc.
Guangdong Huate Gas Co. Ltd Class A
Hana Micron Inc.
Hanyang Digitech Co., Ltd
Ingenic Semiconductor Co., Ltd Class A
Kinpo Electronics, Inc.
KoMiCo Ltd.
LX Semicon Co., Ltd.
MECARO Co., Ltd.
MiCo Ltd.

Last Updated on 18 May, 2022