Asia300

SK hynix, Inc.

South Korea

  • 1m
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Aug 18, 2017
Prev close: 67,000
Aug 18, 2017
Market cap:
Market cap(USD):
48,776.2B
42,735.5M
Shares: 728.00M

Currency in KRW

Company profile

Market(Ticker): KRX(000660)
Sector:
Industry:
Electronic Technology
Semiconductors
Full time employees: --

Business summary

SK hynix, Inc. engages in the manufacture and sale of semiconductor products. It operates through memory and non-memory semiconductor businesses. The memory semiconductor business offers computing, server, graphics, consumer, mobile memories, and NAND flash. The non-memory semiconductor business provides complementary metal-oxide semiconductor image sensors. The company was founded on October 15, 1949 and is headquartered in Icheon, South Korea.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 17,197.97B
Gross profit 5,780.57B
Operating income 3,280.72B
Income before tax 3,193.70B
Net income 2,953.77B
EBITDA 7,737.18B
Diluted EPS 4,184
Dividends per share 600
Total assets 32,216.02B
Total liabilities 8,192.49B
Total equity 24,016.95B
Operating cash flow 5,548.92B

Currency in KRW

Revenue 14,823.41M
Gross profit 4,982.43M
Operating income 2,827.74M
Income before tax 2,752.74M
Net income 2,545.94M
EBITDA 6,668.89M
Diluted EPS 3.60
Dividends per share 0.51
Total assets 26,673.30M
Total liabilities 6,782.99M
Total equity 19,884.87M
Operating cash flow 4,782.77M

Currency in USD

Valuation measures

Dec 2016

PER 10.68
ROA 9.54%
ROE 13.01%
Operating margin 19.07%
Profit margin 17.17%

Key executive

  • Vice Chairman & Chief Executive Officer: Sung-Wook Park
  • Co-President, Director & Head-Management Support: Joon-Ho Kim
  • Senior Managing Director & Head-Finance: Myung-Young Lee
  • MD & Head-Research and Development: Seung-Ho Pi
  • Senior MD & Head-Production and Technology: Sang-Seon Lee

Share holders

  • SK Telecom Co., Ltd.(20.7%)
  • National Pension Service of Korea(10.0%)
  • SK hynix, Inc.(3.0%)
  • BlackRock Fund Advisors(1.6%)
  • Capital Research & Management Co. (Global Investors)(1.6%)
  • The Vanguard Group, Inc.(1.6%)
  • Capital Research & Management Co. (World Investors)(1.5%)
  • Lazard Asset Management LLC(1.0%)
  • JPMorgan Asset Management (UK) Ltd.(0.9%)
  • Norges Bank Investment Management(0.9%)

Address

  • Website: http://www.skhynix.com
  • Address: 2091 Gyeongchung-daero, Bubal-eup, Icheon-si, 17336, South Korea
  • Phone: +82.31.630.4114

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