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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
  Report
End-of-day quote Korea Stock Exchange  -  2023-01-31
91400.00 KRW   +3.28%
02/02Indian Morning Briefing: Asian Markets Broadly Lower
DJ
02/02South Korean shares flat, set for first weekly loss in five
RE
02/02Nomura Adjusts SK Hynix's Price Target to KRW120,000 From KRW127,000, Keeps at Buy
MT
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SK Hynix Shares Rally on Improving Outlook for Chip Industry After TSMC Results

07/14/2022 | 11:07pm EST

By Kwanwoo Jun


SK Hynix Inc. shares rallied Friday on an improving outlook for the global memory-chip industry after Taiwan Semiconductor Manufacturing Co. posted solid second-quarter results and upgraded its revenue guidance for the year.

Shares of the South Korean chip maker jumped as much as 3.8% to a one-month intraday high of 97,600 won ($74.05) in late morning trade, notching their strongest daily percentage gain since March 17.

The stock benchmark Kospi was 0.1% higher.

The SK Hynix rally was largely driven by TSMC's release of solid second-quarter results Thursday and its optimistic growth outlook for the year, Seoul-based Mirae Asset Securities analyst Seo Sang-young said in a note Friday.

He added that TSMC's latest results helped buoy investor sentiment, suggesting that the recent pessimism about the global semiconductor industry could be overdone.

TSMC on Thursday said its net profit rose 76% from a year earlier for the quarter ended June.

The world's largest contract chip maker raised its full-year revenue forecast, citing strong demand for chips used in products including high-performance computers. It expects U.S.-dollar-based revenue to grow 35% in 2022, versus its earlier estimate of around 30% growth.


Write to Kwanwoo Jun at kwanwoo.jun@wsj.com


(END) Dow Jones Newswires

07-14-22 2306ET

Stocks mentioned in the article
ChangeLast1st jan.
KOSPI COMPOSITE INDEX 0.47% 2480.4 Real-time Quote.10.91%
MIRAE ASSET SECURITIES CO. LTD. 2.35% 6970 End-of-day quote.14.64%
MIRAE CORPORATION -1.72% 12550 End-of-day quote.15.67%
MSCI TAIWAN (STRD) 0.01% 587.501 Real-time Quote.16.71%
SK HYNIX INC. 3.28% 91400 End-of-day quote.21.87%
TAIWAN SEMICONDUCTOR CO., LTD. 2.27% 90.3 End-of-day quote.21.70%
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 0.37% 542 End-of-day quote.20.85%
All news about SK HYNIX INC.
02/02Indian Morning Briefing: Asian Markets Broadly Lower
DJ
02/02South Korean shares flat, set for first weekly loss in five
RE
02/02Nomura Adjusts SK Hynix's Price Target to KRW120,000 From KRW127,000, Keeps at Buy
MT
02/01South Korean shares rise after Fed outcome, won hits 10-month high
RE
02/01Vodafone's Europe woes, Darktrace in trouble: Marke..
MS
02/01Trending: SK Hynix Swings to Quarterly Loss
DJ
02/01Transcript : SK hynix Inc., Q4 2022 Earnings Call, Feb 01, 2023
CI
01/31South Korea logs record trade deficit as tech demand falls
AQ
01/31South Korean shares track Wall Street higher, chipmakers recoup losses
RE
01/31SK Hynix Posts First Quarterly Net Loss in Three Years
DJ
More news
Analyst Recommendations on SK HYNIX INC.
More recommendations
Financials
Sales 2022 45 552 B 36,6 B 36,6 B
Net income 2022 5 540 B 4,46 B 4,46 B
Net Debt 2022 14 697 B 11,8 B 11,8 B
P/E ratio 2022 11,9x
Yield 2022 1,55%
Capitalization 63 401 B 50 990 M 50 990 M
EV / Sales 2022 1,71x
EV / Sales 2023 2,99x
Nbr of Employees 30 520
Free-Float 68,9%
Chart SK HYNIX INC.
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SK hynix Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends SK HYNIX INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 92 200,00 KRW
Average target price 113 608,11 KRW
Spread / Average Target 23,2%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Choi Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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