SK Hynix Inc. (SKHY) Key Metrics
SKHY key metrics, 2016–2025
Fiscal year ended December 31, 2025 · South Korean wonSKHY returns How much profit the business earns on the capital it uses.
SKHY financial health Debt, liquidity and how easily interest is covered.
SKHY efficiency & capital use Working capital cycle and where the cash goes.
SKHY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SKHY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SKHY cash returned to shareholders
SKHY key metrics in South Korean won
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 44.2% | 31.1% | −15.6% | 3.6% | 16.8% | 9.5% | 4.2% | 38.5% | 36.8% | 13.0% |
| Return on invested capital (ROIC) | 41.1% | 24.0% | −7.7% | 4.9% | 13.4% | 6.6% | 4.5% | 41.5% | 40.5% | 13.5% |
| Return on assets (ROA) | 29.0% | 18.0% | −8.9% | 2.2% | 11.5% | 7.0% | 3.1% | 28.5% | 27.4% | 9.5% |
| Return on tangible assets | 24.9% | 17.1% | −9.4% | 2.2% | 10.5% | 7.0% | 3.2% | 25.5% | 24.6% | 9.7% |
| Free cash flow margin | 25.5% | 19.8% | −12.4% | −11.1% | 14.7% | 4.5% | −29.8% | 13.0% | 15.9% | −5.5% |
| Income quality (OCF / net income) | 1.24 | 1.51 | — | 6.63 | 2.06 | 2.59 | 3.27 | 1.43 | 1.38 | 1.88 |
| Financial health | ||||||||||
| Total debt | ₩24.76T | ₩25.45T | ₩32.50T | ₩24.79T | ₩19.15T | ₩12.90T | ₩12.19T | ₩5.28T | ₩4.17T | ₩4.34T |
| Cash & short-term investments | ₩35.14T | ₩14.16T | ₩8.92T | ₩6.41T | ₩8.67T | ₩4.95T | ₩3.99T | ₩8.37T | ₩8.55T | ₩4.14T |
| Net debt | −₩10.38T | ₩11.30T | ₩23.58T | ₩18.38T | ₩10.48T | ₩7.95T | ₩8.20T | −₩3.09T | −₩4.38T | ₩200.30B |
| Debt / equity | 0.21 | 0.34 | 0.61 | 0.39 | 0.31 | 0.25 | 0.25 | 0.11 | 0.12 | 0.18 |
| Debt / assets | 0.14 | 0.21 | 0.32 | 0.24 | 0.20 | 0.18 | 0.19 | 0.08 | 0.09 | 0.13 |
| Net debt / EBITDA | −0.16 | 0.30 | 6.77 | 0.98 | 0.43 | 0.49 | 0.73 | −0.11 | −0.24 | 0.03 |
| Current ratio | 1.86 | 1.69 | 1.45 | 1.45 | 1.83 | 1.83 | 1.82 | 1.53 | 2.13 | 2.36 |
| Quick ratio | 1.48 | 1.16 | 0.81 | 0.66 | 1.22 | 1.15 | 1.15 | 1.19 | 1.81 | 1.88 |
| Interest coverage | 51.1 | 17.3 | -5.2 | 11.8 | 47.4 | 19.8 | 11.1 | 220.3 | 110.7 | 27.3 |
| Working capital | ₩32.08T | ₩17.31T | ₩9.46T | ₩8.89T | ₩12.17T | ₩7.50T | ₩6.50T | ₩6.86T | ₩9.19T | ₩5.68T |
| Invested capital | ₩110.14T | ₩85.20T | ₩77.08T | ₩81.65T | ₩72.63T | ₩59.84T | ₩56.12T | ₩43.76T | ₩29.43T | ₩24.22T |
| Tangible asset value | ₩116.62T | ₩69.90T | ₩49.67T | ₩59.78T | ₩57.39T | ₩48.51T | ₩45.37T | ₩44.17T | ₩31.57T | ₩22.11T |
| Net current asset value | ₩14.02T | −₩3.66T | −₩16.36T | −₩11.85T | −₩7.29T | −₩2.69T | −₩2.39T | ₩3.09T | ₩5.71T | ₩1.65T |
| Capital allocation | ||||||||||
| Dividends paid | ₩1.68T | ₩826.32B | ₩825.58B | ₩1.68T | ₩800.28B | ₩684.00B | ₩1.03T | ₩706.00B | ₩423.60B | ₩353.00B |
| Share buybacks (net) | — | — | — | — | — | — | — | ₩1.74T | — | — |
| Dividend payout ratio | 3.9% | 4.2% | — | 75.3% | 8.3% | 14.4% | 51.1% | 4.5% | 4.0% | 12.0% |
| Dividends + buybacks / free cash flow | 6.8% | 6.3% | — | — | 12.6% | 47.3% | — | 46.5% | 8.9% | — |
| Capex / revenue | 29.4% | 25.2% | 25.4% | 44.3% | 31.3% | 34.1% | 54.1% | 42.0% | 32.9% | 37.7% |
| Capex / operating cash flow | 53.5% | 55.9% | 194.6% | 133.6% | 68.0% | 88.3% | 222.8% | 76.3% | 67.5% | 116.9% |
| Capex / depreciation | 2.05 | 1.32 | 0.61 | 1.40 | 1.26 | 1.11 | 1.69 | 2.64 | 1.97 | 1.46 |
| Stock-based compensation / revenue | 0.4% | 0.2% | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| R&D / revenue | 6.7% | 6.7% | 11.4% | 10.0% | 8.3% | 9.8% | 10.6% | 5.6% | 6.6% | 10.1% |
| SG&A / revenue | 2.0% | 2.6% | 5.2% | 4.9% | 2.7% | 2.9% | 3.4% | 1.9% | 2.1% | 3.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 62.3 | 60.9 | 78.1 | 63.0 | 60.8 | 58.2 | 76.2 | 54.0 | 53.8 | 63.3 |
| Days of inventory on hand | 131.0 | 142.3 | 159.7 | 154.9 | 114.5 | 98.9 | 94.1 | 84.7 | 66.9 | 66.8 |
| Days payables outstanding | 24.3 | 21.9 | 22.1 | 22.3 | 18.3 | 18.1 | 20.7 | 22.3 | 20.8 | 25.2 |
| Cash conversion cycle (days) | 168.9 | 181.3 | 215.7 | 195.6 | 157.0 | 139.1 | 149.6 | 116.5 | 99.8 | 104.9 |
| Receivables turnover | 5.86 | 5.99 | 4.67 | 5.80 | 6.00 | 6.27 | 4.79 | 6.75 | 6.79 | 5.77 |
| Payables turnover | 15.00 | 16.67 | 16.52 | 16.36 | 19.99 | 20.19 | 17.62 | 16.40 | 17.51 | 14.51 |
| Inventory turnover | 2.79 | 2.57 | 2.29 | 2.36 | 3.19 | 3.69 | 3.88 | 4.31 | 5.46 | 5.47 |
| Asset turnover | 0.66 | 0.60 | 0.32 | 0.45 | 0.51 | 0.47 | 0.42 | 0.74 | 0.78 | 0.56 |
| Average receivables | ₩16.57T | ₩11.04T | ₩7.01T | ₩7.70T | ₩7.16T | ₩5.09T | ₩5.63T | ₩5.99T | ₩4.43T | ₩2.98T |
| Average payables | ₩2.56T | ₩2.06T | ₩2.02T | ₩1.77T | ₩1.20T | ₩1.04T | ₩1.07T | ₩927.48B | ₩727.36B | ₩743.76B |
| Average inventory | ₩13.80T | ₩13.40T | ₩14.57T | ₩12.31T | ₩7.54T | ₩5.72T | ₩4.86T | ₩3.53T | ₩2.33T | ₩1.97T |
| Intangibles / total assets | 2.3% | 3.4% | 3.8% | 3.4% | 5.0% | 4.8% | 4.0% | 4.2% | 4.9% | 5.9% |
Computed from SKHY's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in South Korean won; data from EODHD. Averages use the opening and closing balance of each year.
SKHY valuation and financial ratios
SK Hynix Inc. earned a return on equity of 44.2% and a return on invested capital of 41.1% in fiscal 2025. It ended the year with ₩24.76 trillion of debt and ₩35.14 trillion in cash and short-term investments, a net cash position of ₩10.38 trillion. It returned ₩1.68 trillion to shareholders: ₩1.68 trillion in dividends and ₩0 in share buybacks, 7% of free cash flow.
See the SKHY income statement, the SKHY chart for price history, or the SKHY stock overview for the latest quote and news.
SKHY key metrics FAQ
What is SK Hynix Inc.'s return on equity?
SK Hynix Inc.'s return on equity (ROE) was 44.2% in fiscal 2025: net income of ₩42.92 trillion on average shareholders' equity of ₩97.21 trillion.
What is SK Hynix Inc.'s ROIC?
SK Hynix Inc.'s return on invested capital was 41.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does SK Hynix Inc. have?
SK Hynix Inc. had total debt of ₩24.76 trillion at the end of fiscal 2025, a debt-to-equity ratio of 0.21 and more cash than debt.
What is SK Hynix Inc.'s current ratio?
SK Hynix Inc.'s current ratio was 1.86 at the end of fiscal 2025: current assets were 1.86 times current liabilities.