[{"data":1,"prerenderedAt":238},["ShallowReactive",2],{"triple-beat-000660":3,"og-beat-monitoring-000660":237},{"ticker":4,"name":5,"description":6,"epsLabel":7,"guidanceLabel":8,"stockLabel":9,"quarters":10,"tableNotes":182,"highlightQuarter":150,"highlightDescription":190,"sources":191,"latestStock":234},"000660","SKハイニックス","SK하이닉스（KRX:000660、12月決算）。DRAM世界2位でHBM（広帯域メモリ）では事実上の世界首位、NVIDIA向けHBM3E/HBM4の主力サプライヤー。メモリ単一セグメント報告で四半期の数値ガイダンスは出さず、韓国市場の決算評価では営業利益（영업이익）も重視される。本表のEPS欄はウォン/株の四半期EPSに統一し、FintelのEPS surprise履歴を主系列、2026 Q1はStockInvestの実績/予想で補完した。直近9四半期（2024 Q1〜2026 Q1）は2023年の大赤字（FY23 営業損失7.7兆W）からHBM需要爆発でV字回復し、2026 Q1にOP37.6兆W・営業利益率72%（NVIDIAを上回る）の過去最大を記録するメモリ・スーパーサイクルを示す。","EPS（ウォン/株、四半期）","次Q会社ガイダンス（韓国企業は四半期数値ガイダンス非開示のためn/a）","株価（韓国KRX・ウォン建て、寄り前発表）",[11,29,45,61,77,95,113,131,149,166],{"quarter":12,"reportDate":13,"event":14,"revenue":15,"eps":20,"guidance":24,"stock":25},"2024 Q1","2024/4/25","赤字から黒字転換のサプライズ決算。HBM・NANDの採算改善でOP2.89兆W（コンセンサス1.86兆Wを56%上回る）。だが半導体高値警戒で当日は売られる",{"actual":16,"consensus":17,"beatPct":18,"yoyPct":19},"12.43兆W","12.16兆W",2.2,144,{"actual":21,"consensus":22,"beatPct":23,"yoyPct":24},"2,788ウォン","1,710ウォン",63.1,null,{"reportClose":26,"nextClose":27,"changePct":28},"179,800W","170,600W",-5.1,{"quarter":30,"reportDate":31,"event":32,"revenue":33,"eps":37,"guidance":24,"stock":41},"2024 Q2","2024/7/25","売上16.42兆Wで当時の四半期最高、OP5.47兆Wは約6年ぶり高水準。コンセンサス(売上16.19兆/OP5.19兆W)を上回るも半導体ピークアウト懸念の地合いで-8.9%",{"actual":34,"consensus":35,"beatPct":36,"yoyPct":24},"16.42兆W","16.19兆W",1.4,{"actual":38,"consensus":39,"beatPct":40,"yoyPct":24},"5,938ウォン","5,313ウォン",11.8,{"reportClose":42,"nextClose":43,"changePct":44},"208,500W","190,000W",-8.9,{"quarter":46,"reportDate":47,"event":48,"revenue":49,"eps":53,"guidance":24,"stock":57},"2024 Q3","2024/10/24","OP7.03兆Wで四半期最高更新、営業利益率40%。OPはコンセンサス6.65兆Wを+6%上回るが売上17.57兆Wは予想17.73兆Wに僅か届かず。首位奪還話題で+1.1%",{"actual":50,"consensus":51,"beatPct":52,"yoyPct":24},"17.57兆W","17.73兆W",-0.9,{"actual":54,"consensus":55,"beatPct":56,"yoyPct":24},"7,924ウォン","7,110ウォン",11.5,{"reportClose":58,"nextClose":59,"changePct":60},"196,000W","198,200W",1.1,{"quarter":62,"reportDate":63,"event":64,"revenue":65,"eps":69,"guidance":24,"stock":73},"2024 Q4","2025/1/23","FY24通期OP23.5兆Wで過去最高。四半期OP8.08兆Wはコンセンサス8.0兆Wを小幅上回るが売上19.77兆Wは予想20.0兆Wに僅か届かず。Goldman目標29万Wも当日-2.7%",{"actual":66,"consensus":67,"beatPct":68,"yoyPct":24},"19.77兆W","20.00兆W",-1.2,{"actual":70,"consensus":71,"beatPct":72,"yoyPct":24},"11,571ウォン","8,706ウォン",32.9,{"reportClose":74,"nextClose":75,"changePct":76},"225,500W","219,500W",-2.7,{"quarter":78,"reportDate":79,"event":80,"revenue":81,"eps":86,"guidance":24,"stock":91},"2025 Q1","2025/4/24","売上17.64兆W(+42% YoY)、OP7.44兆W(+158% YoY)で1Q過去最高。コンセンサスをOPで13%上回る大幅ビートも、当日は材料出尽くしで-1.5%",{"actual":82,"consensus":83,"beatPct":84,"yoyPct":85},"17.64兆W","17.28兆W",2.1,41.9,{"actual":87,"consensus":88,"beatPct":89,"yoyPct":90},"11,411ウォン","7,279ウォン",56.8,309.3,{"reportClose":92,"nextClose":93,"changePct":94},"181,000W","178,300W",-1.5,{"quarter":96,"reportDate":97,"event":98,"revenue":99,"eps":104,"guidance":24,"stock":109},"2025 Q2","2025/7/24","OP9.21兆Wで四半期最高更新、コンセンサス(売上20.6兆/OP9.0兆W)を上回る。純利益は7.0兆Wで市場予想7.1兆Wを小幅下回り、株価はほぼ横ばい",{"actual":100,"consensus":101,"beatPct":102,"yoyPct":103},"22.23兆W","20.60兆W",7.9,35.4,{"actual":105,"consensus":106,"beatPct":107,"yoyPct":108},"9,572ウォン","9,327ウォン",2.6,61.2,{"reportClose":110,"nextClose":111,"changePct":112},"269,000W","269,500W",0.2,{"quarter":114,"reportDate":115,"event":116,"revenue":117,"eps":122,"guidance":24,"stock":127},"2025 Q3","2025/10/29","売上24.45兆W・OP11.38兆Wで四半期初の10兆W超え、営業利益率47%。売上・OPともコンセンサス(24.51/11.38兆W)に概ね一致(부합)だが過去最高更新と2026年フル受注を好感し+7.1%急騰",{"actual":118,"consensus":119,"beatPct":120,"yoyPct":121},"24.45兆W","24.51兆W",-0.2,39.2,{"actual":123,"consensus":124,"beatPct":125,"yoyPct":126},"17,850ウォン","12,807ウォン",39.4,125.3,{"reportClose":128,"nextClose":129,"changePct":130},"521,000W","558,000W",7.1,{"quarter":132,"reportDate":133,"event":134,"revenue":135,"eps":140,"guidance":24,"stock":145},"2025 Q4","2026/1/28","잠정(速報)実績でOP19.17兆W・売上32.83兆W、コンセンサス(売上30.98/OP16.46兆W)を売上+6%・OP+16%上回る大幅サプライズ。営業利益率58%。連日最高値更新",{"actual":136,"consensus":137,"beatPct":138,"yoyPct":139},"32.83兆W","30.98兆W",6,66,{"actual":141,"consensus":142,"beatPct":143,"yoyPct":144},"21,522ウォン","18,837ウォン",14.3,86,{"reportClose":146,"nextClose":147,"changePct":148},"800,000W","841,000W",5.1,{"quarter":150,"reportDate":151,"event":152,"revenue":153,"eps":158,"guidance":24,"stock":163},"2026 Q1","2026/4/23","売上52.58兆W(+198% YoY)・OP37.61兆W(+406% YoY)・営業利益率72%で過去最大。純利40.35兆W。売上・OPともコンセンサス(51兆/36.4兆W)を+3%上回るも市場の40兆W期待に届かず当日横ばい、その後急反発",{"actual":154,"consensus":155,"beatPct":156,"yoyPct":157},"52.58兆W","51.04兆W",3,198,{"actual":159,"consensus":160,"beatPct":161,"yoyPct":162},"55,493ウォン","38,085ウォン",45.7,386.3,{"reportClose":164,"nextClose":165,"changePct":112},"1,223,000W","1,225,000W",{"quarter":167,"reportDate":168,"isForecast":169,"event":170,"revenue":171,"eps":174,"guidance":176,"stock":181},"2026 Q2","2026/7/29",true,"2026/7/29 BMO 発表予定。2026/6/22時点のアナリスト予想は当期売上 $83266.52 B / 非GAAP EPS $71064.06、次Q (3Q 2026) 売上 $100706.95 B / EPS $88259.91（Koyfin 集約コンセンサス）。",{"actual":172,"consensus":173,"beatPct":24,"yoyPct":24},"n/a","$83266.52 B",{"actual":172,"consensus":175,"beatPct":24},"$71064.06",{"revenue":177,"eps":179},{"company":172,"consensus":178,"beatPct":24},"$100706.95 B",{"company":172,"consensus":180,"beatPct":24},"$88259.91",{"reportClose":172,"nextClose":172,"changePct":24},[183,184,185,186,187,188,189],"2026 Q2（2026/7/29 発表予定）はアナリスト予想のみ先行入力。当期 売上$83266.52 B / EPS$71064.06、次Q (3Q 2026) 売上$100706.95 B / EPS$88259.91 はいずれも 2026/6/22 時点で参照可能な Koyfin 集約コンセンサス。会社ガイダンス・実績・反応は発表後に更新する。","金額・株価の単位は韓国ウォン（W＝₩＝KRW）。売上・営業利益は兆W（兆ウォン）、EPSと株価はW（ウォン）。SK하이닉스は無額面・株式分割未実施で名目株価が高い（2024年4月17.06万W→2026年6月232.6万W、約13.6倍）。","「EPS実績/予想」欄はウォン/株の四半期EPS。2024 Q1〜2025 Q4はFintelのNon-GAAP EPS surprise履歴、2026 Q1はStockInvestのEPS実績/予想を採用した。","営業利益コンセンサス（컨센서스/에프앤가이드）はイベント文に残している。韓国市場では営業利益の速報値も株価反応の主な評価軸になるため、EPSビートと営業利益ビートを併読する。","SK하이닉스は寄り前（午前）に実績を開示するため決算反応は『発表当日終値』に出る（米国勢の引け後発表とは1日ずれる）。本表の『発表日終値』列は発表前営業日の終値、『翌日終値』列は発表当日の終値で、騰落率＝発表当日リアクション（発表当日終値÷発表前営業日終値−1）。2025 Q1(-1.5%)・2025 Q3(+7.1%)が韓国の決算速報ポストの数値と一致することで検証した。","2025 Q4は1/28に잠정（速報）実績、1/29に컨퍼런스콜（確定）。株価反応は速報が出た1/28（前日比+5.1%）で測った。","純利益が一部四半期で営業利益を上回る（2025 Q3 純利12.6兆W＞OP11.38兆W、2026 Q1 純利40.35兆W＞OP37.61兆W）。持分法・為替・税効果等によるため、EPSの伸び率は営業利益の伸び率と一致しない。","直近9四半期で最も象徴的なのは2026 Q1（2026/4/23発表）。売上52.58兆W（前年同期比+198%）、営業利益37.61兆W（+406%）、営業利益率72%——同期のNVIDIA（約67.7%）やTSMCを上回る収益性で四半期として過去最大を記録した。EPSも55,493ウォンでコンセンサス38,085ウォンを45.7%上回った。にもかかわらず発表当日の株価はほぼ横ばい（前営業日122.3万W→当日122.5万W、+0.2%）。市場のささやき期待（whisper）が営業利益40兆Wまで上がっており、歴史的決算でも『期待には届かない』と受け取られた典型的なエクスペクテーション・ゲームである。\n\nこの『絶対値のビートではなく期待との差で株価が動く』構図は本表全体を貫く。2024 Q1（黒字転換サプライズでEPSを63%上回りながら-5.1%）、2024 Q2（EPS+12%ビートでも半導体ピークアウト懸念で-8.9%）、2025 Q1（EPS+57%ビートでも材料出尽くしで-1.5%）と好決算でも売られる四半期が続いた一方、2025 Q3（OPはコンセンサス並みだがEPSは+39%ビート、四半期初の10兆W超え＋2026年フル受注を好感し+7.1%）のように『サプライズの中身と需給』が噛み合ったときだけ素直に買われた。\n\n背景はメモリ・スーパーサイクル。2023年の大赤字（FY23 営業損失7.7兆W）からHBM3E/HBM4とDRAM/NANDのASP急騰でV字回復し、FY24 OP23.5兆W→FY25 OP47.2兆Wへ急拡大。株価は2024年4月の17.06万Wから2026年6月の232.6万Wへ約13.6倍になった。決算の絶対値は毎期過去最高を更新し続けたが、株価が動くのは常に『コンセンサスとwhisperにどれだけ差をつけたか』だった——決算ビートのリアクションを読む教材になる四半期群である。",[192,195,198,201,204,207,210,213,216,219,222,225,228,231],{"label":193,"url":194},"SK하이닉스 1Q24 잠정실적 컨센서스 (@teslatracker2, 2024/4/24)","https://x.com/teslatracker2/status/1783277400585122035",{"label":196,"url":197},"1분기 깜짝실적·에프앤가이드 컨센 매출12.16/영업1.86兆 (@King_James_Kim, 2024/4/25)","https://x.com/King_James_Kim/status/1783605634564588008",{"label":199,"url":200},"2Q24 컨센(에프앤가이드 매출16.19/영업5.19兆) (@T2Roadster, 2024/7/21)","https://x.com/T2Roadster/status/1814970917015159214",{"label":202,"url":203},"3Q24 예상치(매출17.73/영업6.65兆) vs 실적 (@blazingbees, 2024/10/23)","https://x.com/blazingbees/status/1849227332290318839",{"label":205,"url":206},"4Q24 영업익 컨센서스 8.0兆 (@datastaion, 2025/1/4)","https://x.com/datastaion/status/1875515536429515110",{"label":208,"url":209},"1Q25 컨센 매출+2.1%/영업익+12.9% 상회 (@gookjangjoa, 2025/4/24)","https://x.com/gookjangjoa/status/1915193171254136917",{"label":211,"url":212},"2Q25 시장예상 vs 실제(매출20.6/영업9.0/순익7.1兆) (@ValleyAI_X, 2025/7/24)","https://x.com/ValleyAI_X/status/1948161047929753806",{"label":214,"url":215},"3Q25 매출 예상24.51兆·영업익11.38兆 부합·주가+7.10% (@RealChickenBoy9/@Azunta66, 2025/10)","https://x.com/Azunta66/status/1983594286382744053",{"label":217,"url":218},"4Q25 컨센(매출30.98/영업16.46兆) vs 실제(32.83/19.17兆) (@chichimon09, 2026/1/28)","https://x.com/chichimon09/status/2016458922824225104",{"label":220,"url":221},"1Q26 매출52.58兆·영업익37.61兆(컨센36.4)·순익40.35兆 (@MELORICH_KOREA/@ginipigi, 2026/4)","https://x.com/MELORICH_KOREA/status/2047486041888809007",{"label":223,"url":224},"Fintel SK hynix EPS Surprises (KR:000660)","https://fintel.io/seps/kr/000660",{"label":226,"url":227},"StockInvest.us SK hynix Earnings Reports (000660.KS)","https://stockinvest.us/earnings-report/000660.KS",{"label":229,"url":230},"SK hynix Announces 1Q26 Financial Results","https://www.prnewswire.com/news-releases/sk-hynix-announces-1q26-financial-results-302750959.html",{"label":232,"url":233},"SK hynix 通期連結財務（stockanalysis.com 000660）","https://stockanalysis.com/quote/krx/000660/financials/",{"date":235,"close":236},"2026-06-19","$2764000","https://log.eurekapu.com/og/pages/general/beat-monitoring-000660.png?title=000660%20SK%E3%83%8F%E3%82%A4%E3%83%8B%E3%83%83%E3%82%AF%E3%82%B9%20-%20%E3%83%93%E3%83%BC%E3%83%88%E3%83%A2%E3%83%8B%E3%82%BF%E3%83%AA%E3%83%B3%E3%82%B0&sig=4eb75a4cdaaa7c9d",1782528864631]