1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Kinik Co.

Kinik Co.

TTWSE:1560
846.00
TWD
-31.00
(-3.53%)
114.52BMarket Cap
Nov 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
28.81
30.89
28.7
29.28
32.09
36.41
34.52
36.56
42.56
48.22
44.22
48.15
55.6
- -
Basic EPS, GAAP
3.73
4.63
4.14
3.79
5.2
4.92
3.81
3.63
4.78
8.71
5.91
7.1
9.28
- -
Free Cash Flow per Basic Share
1.15
4.53
4.3
2.55
4.05
0.2
-3.93
-4.38
7.1
12.27
5.25
8.7
5.83
- -
Dividend per Share
2.7
3.3
4.1
3.7
3
3.5
3.5
2.8
2.8
2.79
3.99
3.98
3.99
- -
Book Value per Share
25.94
27.18
26.95
26.82
28.75
30.05
30.42
31.36
33.29
40.09
42.56
48.88
55.3
60.6
Tangible Book Value per Share
25.94
27.18
26.95
26.82
28.75
30
30.36
31.31
33.24
40.03
42.51
48.88
55.3
60.6
Basic Weighted Avg Shares
141
141
141
141
141
141
141
141
142
143
144
146
147
148
Sales/Revenue/Turnover
4,062
4,355
4,046
4,129
4,525
5,133
4,868
5,157
6,028
6,908
6,381
7,019
8,149
- -
Operating Margin (%)
17.96
19.66
16.97
15.28
19.57
14.87
13.62
13.79
15.5
20.67
15.49
16.48
16.02
- -
Depreciation Expense
391
362
357
350
371
426
433
512
631
618
607
578
652
- -
Net Income, GAAP
526
653
583
535
733
694
537
512
677
1,247
852
1,035
1,360
- -
Effective Tax Rate (%)
18.19
20.55
17.38
17
15.96
19.9
21.42
21.08
18.53
18.17
18.7
17.6
15.8
- -
Profit Margin (%)
12.95
15
14.42
12.95
16.19
13.52
11.02
9.94
11.22
18.06
13.35
14.74
16.69
- -
Working Capital
881
1,076
1,046
849
1,122
1,327
1,323
1,833
1,975
2,078
1,791
3,762
3,300
2,589
LT Debt
- -
- -
- -
- -
- -
100
1,339
3,147
2,341
1,338
1,052
2,020
1,972
911
Total Equity
3,658
3,833
3,800
3,781
4,054
4,549
4,606
4,736
5,051
6,091
6,472
7,426
8,489
9,437
Return on Invested Capital (%)
15.61
16.73
14.02
13.06
18.18
12.95
8.68
7.33
8.72
13.52
9.52
10.4
10.56
- -
Return on Capital (%)
13.94
16.38
14.65
13.45
18.21
14.83
8.98
6.62
7.73
14.79
10.61
11.59
13.35
- -
Return on Common Equity (%)
14.64
17.45
15.28
14.1
18.7
16.74
12.59
11.76
14.75
23.74
14.29
15.56
17.81
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
446
799
1,225
LT Borrowings
1,938
1,496
873
LT Finance Leases
34
39
38
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
147
149
150
Market Capitalization
58,401
63,368
114,521

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,482
5,759
6,509
Cash, Cash Equivalents & STI
1,578
1,777
2,325
Accounts Receivable, Net
1,314
1,428
1,579
Inventories
2,431
2,378
2,427
Total Current Liabilities
2,182
3,217
3,919
Payables & Accruals
- -
- -
- -
ST Debt
446
799
1,225
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.55%
12.51%
14.3%
Free Cash Flow
-235.12%
-42.01%
-32.65%
Net Income, GAAP
13.38%
27.52%
31.42%
Sales/Revenue/Turnover
7.58%
10%
16.1%
Total Cash Common Dividend
- -
9.34%
0.71%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,595
1,731
1,859
1,834
7,019
2025
1,772
2,115
- -
2,172
8,149
2026
2,293
2,493
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.77
1.75
1.96
1.64
7.1
2025
1.96
1.82
- -
3.26
9.28
2026
2.94
3.49
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.98
2025
- -
- -
- -
- -
3.99
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jung Che Hsieh
Full Time Employees
1,773
Sector
Process industries
Industry
Industrial specialties
Address
No. 64, Zhongshan Road New Taipei TPQ Taiwan 239010
IPO Date
Apr 15, 2004
Website
kinik.com.tw
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Business
Kinik Company (1560.TW), a leading manufacturer of abrasives and precision grinding tools, produces conventional grinding wheels, diamond and CBN grinding wheels, CMP diamond disks, dicing blades, reclaimed silicon wafers, wafer grinding wheels, diamond rollers, porous ceramic chuck tables, DLC coatings, ultra-precision machining tools, diamond and CBN honeycomb wheels, and anti-slip vacuum chucks; the company also engages in wafer trading, import-export transactions, and test wafer services. Kinik operates through three main business units—Abrasives (grinding wheels for machinery and mechanical industries), Diamond (CMP diamond disks for semiconductors), and Semiconductor Materials (reclaimed and test wafers)—with sales ratios of approximately 18%, 32%, and 50% respectively, serving over 8,000 customers globally across industrial, automotive, semiconductor, PCB, and high-end manufacturing sectors. Founded in 1953 and headquartered at No. 64, Zhongshan Road, Yingge District, New Taipei City, Taiwan, Kinik maintains production facilities in Yingge Township, Shulin City, Hsinchu Industrial Park, and Zhubei City, with subsidiaries including Kinik-Thai Company Limited and international operations in Thailand, Japan, and Asia. In January 2025, Kinik's board approved the acquisition of Mitsui Grinding Wheel Co., Ltd. (Japan) from Mitsui Mining & Smelting Co., Ltd. for JPY 1.919 billion and, jointly with Kinik-Thai, a 99.57% stake in Mitsui Grinding Technology (Thailand) Co., Ltd. for approximately 450 million Thai baht, rebranding the latter as Max Kinik Grinding Technology Company Limited to expand grinding wheel production, leverage synergies in automotive and semiconductor markets, optimize procurement, and accelerate global sales in ASEAN and beyond. These strategic moves build on 2024 financials showing consolidated revenue of TWD 7.019 billion (up 10% YoY), gross margin of 31.2%, and EPS of 7.1, with Q4 2024 revenue at TWD 1.834 billion and ongoing capacity expansions including 50,000 additional CMP disk units monthly and 30,000 more reclaim/test wafers from Q3 2025.