SK Hynix Posts 3.98 Trillion Won Loss on Bond Conversions

SK Hynix reports 3.98 trillion won accounting loss in H1 2026 due to exchangeable bond conversions and stock price rises, though no cash outflow occurs.

Woofun AI data shows that SK Hynix recognized a 3.98 trillion won loss in the first half of 2026 stemming from derivatives linked to exchangeable bonds issued in April 2023. The accounting charge resulted from bondholders exercising conversion rights alongside an increase in the company's South Korean-listed stock price.

The company clarified that these figures represent non-cash accounting entries rather than actual cash outflows.

Furthermore, gains realized from disposing of treasury shares upon bond conversion largely offset the reported losses.