ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Electronic Technology

SK hynix, Inc.

  • 75,800.00 KRW
  • -600.00
  • -0.79%
  • South Korea
    Aug 16, 2019
  • Ticker
    KRX(000660)
  • Prev. close
    76,400
  • Market cap (KRW)
    55,619.40B
  • Market cap (USD)
    45,934.20M
  • 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 2018 KRWUSD
Revenue40,445.06B36,750.93M
Gross Profit24,323.18B22,101.57M
Operating income20,867.63B18,961.64M
Income before tax21,341.03B19,391.80M
Net income15,540.11B14,120.72M
EBITDA27,295.96B24,802.83M
Diluted EPS22,252.1520.21
Dividends Per Share1,5001.36
Total Assets63,658.33B57,051.74M
Total liabilities16,806.00B15,061.84M
Total equity46,845.71B41,983.97M
Operating cash flow22,227.19B20,197.03M
Currency in KRWCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 17,125.56B 18,797.99B 17,197.97B 30,109.43B 40,445.06B
Gross Profit 7,264.88B 7,708.39B 5,780.57B 16,641.10B 24,323.18B
Operating income 5,111.77B 5,335.77B 3,280.72B 13,746.93B 20,867.63B
Income before tax 5,035.16B 5,244.47B 3,193.70B 13,439.56B 21,341.03B
Net income 4,195.45B 4,322.35B 2,953.77B 10,641.51B 15,540.11B
EBITDA 8,555.75B 9,289.00B 7,737.18B 18,773.16B 27,295.96B
Diluted EPS 5,842 6,002 4,184 15,072.14 22,252.15
Dividends Per Share 300 500 600 1,000 1,500
Total Assets 26,883.27B 29,677.90B 32,216.02B 45,418.46B 63,658.33B
Total liabilities 8,846.97B 8,290.20B 8,192.49B 11,597.54B 16,806.00B
Total equity 18,036.45B 21,386.86B 24,016.95B 33,815.28B 46,845.71B
Operating cash flow 5,866.69B 9,319.52B 5,548.92B 14,690.61B 22,227.19B
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 16,268.87M 16,608.88M 14,823.41M 26,633.49M 36,750.93M
Gross Profit 6,901.46M 6,810.71M 4,982.43M 14,719.99M 22,101.57M
Operating income 4,856.06M 4,714.39M 2,827.74M 12,159.93M 18,961.64M
Income before tax 4,783.28M 4,633.73M 2,752.74M 11,888.05M 19,391.80M
Net income 3,985.58M 3,818.99M 2,545.94M 9,413.01M 14,120.72M
EBITDA 8,127.75M 8,207.26M 6,668.89M 16,605.92M 24,802.83M
Diluted EPS 5.54 5.30 3.60 13.33 20.21
Dividends Per Share 0.28 0.44 0.51 0.88 1.36
Total Assets 24,458.24M 25,310.56M 26,673.30M 42,425.35M 57,051.74M
Total liabilities 8,048.92M 7,070.23M 6,782.99M 10,833.25M 15,061.84M
Total equity 16,409.45M 18,239.61M 19,884.87M 31,586.82M 41,983.97M
Operating cash flow 5,573.21M 8,234.22M 4,782.77M 12,994.67M 20,197.03M

Valuation Measures

Dec 2018
PER2.71
ROA28.49%
ROE38.53%
Operating margin51.59%
Profit margin38.42%

Key executives

  • Chairman-Executive Board: Tae-Won Chey
  • Chief Executive Officer & Director: Seok-Hee Lee
  • Co-President, Director & Head-Management Support: Joon-Ho Kim
  • Senior Managing Director & Head-Finance: Myung-Young Lee
  • Managing Director & Head-Packaging Technology: Nam-Seok Kim

Shareholders

  • SK Telecom Co., Ltd. (20.0%)
  • National Pension Service of Korea (9.0%)
  • SK hynix, Inc. (6.0%)
  • Capital Research & Management Co. (World Investors) (4.6%)
  • Capital Research & Management Co. (Global Investors) (2.2%)
  • BlackRock Fund Advisors (1.9%)
  • The Vanguard Group, Inc. (1.9%)
  • Samsung Asset Management Co., Ltd. (1.1%)
  • Norges Bank Investment Management (0.9%)
  • Lazard Asset Management LLC (0.9%)

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.
  • 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

  • Fidelix Co., Ltd
  • Jeju Semiconductor Corp.
  • Micron Technology, Inc.
  • Cypress Semiconductor Corporation
  • GigaDevice Semiconductor (Beijing), Inc. Class A
  • PixArt Imaging Inc.
  • MoSys, Inc.
  • Etron Technology, Inc.
  • Western Digital Corporation
  • Seagate Technology PLC
  • Infineon Technologies AG
  • Atomera Incorporated
  • Everspin Technologies, Inc.
  • KoMiCo Ltd.
  • MECARO.CO. LTD.
  • MiCo Ltd.
  • Phoenix Materials Co., Ltd
  • SMART Global Holdings, Inc.
  • T'way Holdings, Inc.
Last Updated on 16 Aug, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media