ASX vs. SKHY: ASE vs. SK hynix Stock Comparison

Company Profile

ASE (ASX) and SK hynix (SKHY) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

ASE (ASX) has been public since October 2, 2000, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.

Both ASE (ASX) and SK hynix (SKHY) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both ASX and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

SK hynix (SKHY) at 92.54% clears its industry range for ROE, a sharper capital-efficiency signal than ASE (ASX) at 19.90%, which is closer to a typical peer reading.

SK hynix (SKHY) at 70.27% converts revenue to bottom-line profit above its industry’s benchmark range, while ASE (ASX) at 9.78% keeps roughly the typical share for its industry.

SK hynix (SKHY) at 79.66% turns sales into operating profit above its industry’s benchmark range, while ASE (ASX) at 13.57% operates around its industry’s norm.

Profitability Metrics

Growth

SK hynix (SKHY) at 46.76% sits in the top revenue growth quartile, while ASE (ASX) at 8.39% is closer to the peer norm — faster top-line expansion for SKHY.

SK hynix (SKHY) at 112.46% sits in the top EPS growth quartile, while ASE (ASX) at 22.96% is closer to the peer norm — faster per-share earnings growth for SKHY.

Growth Metrics

Financial Strength

SK hynix (SKHY) at 26.88 carries current ratio above its industry’s typical mid-range, while ASE (ASX) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

SK hynix (SKHY) at 0.05 carries an industry-typical debt-to-equity mix, while ASE (ASX) at 0.87 uses more debt funding than most peers.

Financial Strength Metrics

Dividends

ASE (ASX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SK hynix (SKHY) reports a yield of 2,118.64%, ranking against industry peers normally.

SK hynix (SKHY) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASE (ASX) reports a payout of 39.77%, ranking against industry peers normally.

Dividend Metrics

Valuation

SK hynix (SKHY) at 8.12 sits in the cheaper P/E ratio quartile, while ASE (ASX) at 30.41 is closer to its industry’s usual earnings multiple — a discount for SKHY, though growth and earnings durability still matter.

Both ASE (ASX) at 0.09 and SK hynix (SKHY) at 0.00 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

On P/B ratio, both ASE (ASX) at 5.34 and SK hynix (SKHY) at 3.95 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics