SK hynix’s cashable assets more than doubled in 2025 compared to the previous year, driven by strong earnings fueled by high bandwidth memory (HBM) products, according to a recent report.
The South Korean memory chip manufacturer held 34.9 trillion won ($23.4 billion) in cashable assets in 2025, a significant increase from 14.1 trillion won the year before, as revealed in the company’s regulatory filing.
Concurrently, SK hynix reduced its debt to 22.2 trillion won in 2025, a decrease of 435.8 billion won from the prior year, demonstrating its debt reduction efforts through robust profitability.
In 2025, SK hynix achieved a record-breaking annual operating profit of 47.2 trillion won, surpassing its rival Samsung Electronics for the first time. This figure represents a more than doubling of the profit compared to 2024.
The semiconductor company benefited from strong performance by its overseas affiliates, with SK hynix America reporting revenue of 58.6 trillion won in 2025, a surge of 75.4 percent year-over-year.
The regulatory filing also indicated that the U.S. market accounted for 68.9 percent, or 66.8 trillion won, of SK hynix’s total sales of 97 trillion won last year. This contrasts with the 39 percent to 53 percent range recorded from 2020 to 2023.
