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Kinik Company (Taiwan, China)

Main Activities: Nonmetallic Mineral Product Manufacturing
Full name: Kinik Company Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

In 1964 "China Wheel" added its capital to be reorganized as "Chinese wheel business." The reason of this capital increase was to expand the scope. The grinding wheel manufacturing methods, in addition to the original "ceramic sintering," and "resin bonding method", added "shellac bond method." In 1965 Annuity ceramic sintering plate CNS991 was allowed to use wheel seal. In 1967 Kinik Company cooperated with Mitsui Metal Mining Co., Ltd. in technical aspect, improving product quality. In 1969 it newly purchased auto repair machine molding machine and increased production efficiency, increasing the "rubber adhesive Law" and "PVA adhesive Act" products. In 1972 the company expanded to purchase US-made equipment Bickley firing furnace so that product quality can meet up to international standard. It increased the "magnesium oxide bonding method" products to be expanding the overseas market. In 1984 the production capacity could reach 250 metric tons each month, ranking the top five grinding wheel factories in Asian free regions. It cooperated with the Japanese SanJingyan Technology Co., Ltd. to produce boron nitride, whetstone wheel, diamond grinding wheel and other high-quality products. BD wheel manufacturing Department was established in 1985 for manufacturing porcelain and resin production of diamond and CBN grinding wheel. In 1990 the company expanded production capacity for a large supply of stone processing industry, to replace imported products. In 1997 Diamond matrix K obtained the world patent. The company produces the Stone saw. In 2001 polishing pad Finisher (diamond plate) used in the semiconductor CMP process was developed and certified by TSMC, being taken into mass production shipment. In 2002 it merged with Haoshi Technology. Diamond disc obtained a certificate issued by TSMC.

Headquarters
No.64,Zhongshan Rd, Yingge Dist
New Taipei City; New Taipei City;

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Website: http://www.kinik.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 08, 1964
Key Executives
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Chairman
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President
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General Manager
Ownership Details
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6.86%
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3.33%
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2.85%
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1.71%
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0.26%
Subsidiaries
Kinik-Thai Co., Ltd (Thailand)
47.2%
Company Performance
Financial values in the chart are available after Kinik Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
-7.63%
Total operating revenue
-7.15%
Operating profit (EBIT)
-29.18%
EBITDA
-26.47%
Net Profit (Loss) for the Period
-32.35%
Total assets
3.33%
Total equity
6.27%
Operating Profit Margin (ROS)
-4.83%
Net Profit Margin
-4.94%
Return on Equity (ROE)
-7.6%
Debt to Equity Ratio
8.14%
Quick Ratio
-0.19%
Cash Ratio
-0.13%

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