COMPANY
CONTACTS
PRODUCTS
Jay Associates
Individual (Sole proprietorship)
Mayur Iim Road, Ahmedabad, Gujarat, India
91-98250-12277
Furniture, Laminates, Stones
Akers Dist.
Distributor/Wholesaler
1887 Hotel Rd, ; Auburn, Maine, United States
1 207 7841511
Hardwood flooring, carpet, ceramic, laminates, area rugs
New Patel Saw Mill
Manufacturer
47, New Nagardas Road, Andheri(East),, ; Mumbai, Maharashtra, India
91 22 28221444
Plywood, Laminates, Vineers, Lamintes & Sawn Timber, Burma Teak, BTC Wood, Burmesed Teak Wood.
B&Q SRL
Manufacturer
Via Casali Bosco, ; Ghirano Di Prata, Italy, Italy
39 0434 626044
profile, frame and edge in solid wood,MDF,plywood or chipboard,wrapped or veneered with various finishings:sliced veneer,laminates,paper,PVC.
6-3-1186/A/1, Begumpet, ; Hyderabad, Andhra Pradesh, India
91 40 55915909
Laminates, decorative laminates, high pressure laminates

Why We Like The Returns At Kingboard Laminates Holdings (HKG:1888)

(collapsable)→
Fri, 21 Jan 2022 15:21:00

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at the ROCE trend of Kingboard Laminates Holdings (HKG:1888) we really liked what we saw.

Understanding Return On Capital Employed (ROCE)

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Kingboard Laminates Holdings, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

0.38 = HK$6.5b ÷ (HK$27b - HK$10b) (Based on the trailing twelve months to June 2021).

Therefore, Kingboard Laminates Holdings has an ROCE of 38%. In absolute terms that's a great return and it's even better than the Electronic industry average of 7.9%.

Check out our latest analysis for Kingboard Laminates Holdings

roceSEHK:1888 Return on Capital Employed January 21st 2022

In the above chart we have measured Kingboard Laminates Holdings' prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Kingboard Laminates Holdings here for free.

What Does the ROCE Trend For Kingboard Laminates Holdings Tell Us?

Kingboard Laminates Holdings is showing promise given that its ROCE is trending up and to the right. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 296% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.

On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. The current liabilities has increased to 37% of total assets, so the business is now more funded by the likes of its suppliers or short-term creditors. Keep an eye out for future increases because when the ratio of current liabilities to total assets gets particularly high, this can introduce some new risks for the business.

The Bottom Line On Kingboard Laminates Holdings' ROCE

As discussed above, Kingboard Laminates Holdings appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And a remarkable 180% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue.

If you want to continue researching Kingboard Laminates Holdings, you might be interested to know about the 1 warning sign that our analysis has discovered.

If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

SUNDEK INDIA LIMITED
Manufacturer
203, Lalita Complex, Navrangpura, , Ahmedabad, Gujarat, India
91-79-26426840
Laminates, Door Skins
Fred Flooring Ltd
Distributor/Wholesaler
Unit 5 Revenge Road, Kent, United Kingdom
44-1634-668668
Solid woods, Laminates
Ganpati Udyog
Distributor/Wholesaler
Kharvel Nagar, Bhubaneswar, Orissa, India
91-0674-2531821
Plywoods, Decorative Plywoods, Laminates , Gypsum Board, And other Hardware Products
ojas collection
Trading Company
5, Shivkesar Appt, Baptista Road, Vile Parle (W), Mumbai, Maharashtra, India
91-022-26135210
Laminates, Timber
Darshan Trading Co.
Trading Company
82, Atlanta Bldg.,209 Nariman Point, Mumbai, Maharashtra, India
91-22-40029940
PVC Sheets, Laminates
varun laminates
Distributor/Wholesaler
43, Neelkamal Society, Nizampura,, Baroda, Gujarat, India
91-265-2782265
Laminates
Vasai Timber Industries Pvt. Ltd.
Distributor/Wholesaler
Tejkiran Bldg., V. S. Khandekar Marg, Vile Parle East, Mumbai, Maharashtra, India
91-22-26110307
Laminates, doors, aluminum
utkarsh enterprise
Distributor/Wholesaler
1101, Parasrampuria Tower-6, Near Millat Nagar, Andheri (W), Mumbai, Maharashtra, India
91-22-28271203
Laminates, Decorative Materials
Yd Hardwood Floors USA Inc.
Distributor/Wholesaler
1900 Washington Ave E, Philadelphia, Pennsylvania, United States
1-215-5455249
Hardwood Floors, Bamboo Floors, Laminates
INDO BURMA AGENCIES
Trading Company
19 J C Road, Bangalore, Karnataka, India
91-080-22236605
Laminates, fancy plywoods, decorative materials
Kimika Industrial Corp.
Corporation/Limited Liability Company
1857 Maria Orosa St. Malate, Manila, Metro Manila, Philippines
63-02-5221247
Ertalon / Nylatron, Ertacetal, Ertalyte, Anti-Static Materials, Leister Machines, Polyethylene, Polypropylene, Polyurethane, Polyvinyl Chloride, PVC Strip Curtain, Teflon, Acrylic, Polycarbonate, Laminates, Pipes And Fittings, Celazole Pbi, Duratron XP, Techtron Hpv Pps, Vespel Sp, Ketron Peek
Heritage
Manufacturer
306, 3rd Floor, Iscon Mall, Star Bazaar Bulding, Jodhpur Cross Road, , Ahmedabad, Gujarat, India
91-79-26763691
Laminates, Mdf, Prelaminated Particle Board, Wooden Flooring
MEGAKOP doo
Distributor/Wholesaler
8, Florijana Andraseca Str., Zagreb, Croatia (local name: Hrvatska)
385-1-3013163
Wood flooring, laminates, outdoor decking
mouchtaris bros sa
Trading Company
Epidaurou 9, Rentis, Atikis, Greece
30-210-4904960
Plywoods, laminates, mdf, furniture accessories
KPL International Ltd.
Trading Company
10th Floor, Statesman House,148 Barakhambha Road,, New Delhi, Delhi, India
91-11-23355456
Plastic, rubber, chemicals, pharmaceuticals, paints/coatings, paper, ink, food, sea food, agro products, soaps, detergents, automotive, plywood, laminates, glass
Radon Impex India Pvt.Ltd.
Distributor/Wholesaler
613,1st Floor, Patidar House, Odhav Road, ; Ahmedabad, Gujarat, India
91 79 32980828
Teak wood, door panels, laminates, pine wood, plywood, door skins, and other wood products
Domus Silvae Distribution Ltd.
Distributor/Wholesaler
631 Ferdinand Blvd., ; Dieppe, New Brunswick, Canada
1 506 8570707
Flooring, stair components, laminates
Biasi & Quintavalle S.n.c.
Manufacturer
Via Bosco 9, ; Ghirano di Prata , (PN) , Italy
39 0434 626044
Straight and curved profiles in wood, solid wood, MDF, ply or chipboard, sliced veneer, laminates, paper, PVC.
6-5 No. 54 Dashani Street, Haishu District, ; Ningbo, Zhejiang, China (Mainland)
86 574 66800296
Laminates, bend laminates, sports goods, daily commodities, promotion premium items, stationery and so on.
Multi Plywood
Distributor/Wholesaler
1704/05 Kent Gardens,51st T. P. S. Road, Borivali(W), ; Mumbai, Maharashtra, India
91 022 28983314
Plywood, timber, laminates
Lumber Country Inc
Distributor/Wholesaler
20370 Empire #C-2, ; Bend, Oregon, United States
1 541 389-6100
Specialty wood products for the industrial industry, plywood radiant barrier, laminates, overlays, truss stock, moulding stock, pallet stock, Species: Pine, Fir, Cedar, Oak, and more
Laxmi Enterprises
Partnership
204, Sriman Aishwarya Towers, Indira Park Road, Hyderabad, Andhra Pradesh, India
91-040-30280102
Mdf, Veneer, Laminates, Doors
Midas Instrumentations
Distributor/Wholesaler
A/116, Tirthraj Complex, OPP. V. S. Hospital, Ellisbridge,, ; Ahmedabad, Gujarat, India
91 79 26579609
Copper clad laminates, laminates, PCB, printed circuit board, ccl, copper clad, laminate, circuit
Total Concept Building Inc.
Corporation/Limited Liability Company
150 Britannia Rd. East, Mississauga, Ontario, Canada
1-905-268 0205
Hardwood Flooring, Laminates, Prefab Homes, Custom Mill Work
RSG GROUP LTD
Distributor/Wholesaler
3/38 Eaglehurst Rd, Ellerslie, Auckland, New Zealand
0064-9-5252282
stainless steel sinks, taps, laminates, scaffolding, pallet raking, New Zealand ice cream, New Zealand pork, New Zealand timber.
A2Z India Trading
Trading Company
48 Rajpath Row House, ; Ahmedabad, Gujarat, India
91 0 9824517407
A2Z India Trading House, deals in various products line like Agri products, Auto Parts, Textiles, Garments, Indian Cooked Snacks, Laminates, etc.
arumuga
Distributor/Wholesaler
67 / 253 Goods Shed St, Madurai, Tamil Nadu, India
91-452-2340228
Plywood, MDF, Laminates
Bhagyalaxmi Ply & Hardware
Trading Company
Opp. Mahendrasinhji Hospital, Vora Baug, Morbi, Gujarat, India
91-2822-241192
Plywood, laminates, hardware
Ray Laminates
Manufacturer
405, Tilakraj Complex, OPP. Suryarath, Panchwati, Ellisbridge,, ; Ahmedabad, Gujarat, India
91 79 26402428
Decorative laminates, laminates, compact laminates, industrial laminates, plywood, ply, creative laminates, luxury laminates, hpl, high pressed laminates
Jain Plywood & laminates
Distributor/Wholesaler
197, Sydenhams Road, Appa Roa Garden, Chennai, Tamil Nadu, India
91-044-26691993
Plywood, laminates
avi enterprice
Trading Company
12 Hiru Bahi Park, ; Baroda, Gujarat, India
1 334 2818000
MDF wood, laminates, packaging material
Multi Plywood
Distributor/Wholesaler
1704, Kent Gardens 51st T. P. S Road, Borivali(west), Mumbai, Maharashtra, India
+91-022-28990312
Plywood, Laminates, Shuttering Plywoods
Rudra Incorporated
Distributor/Wholesaler
B:1, 6:3, Sneh CHS, Plot no 16, Sector 19/A, Nerul,, Navi-mumbai, Maharashtra, India
91-022-67030755
Plywood, Laminates, Timber
elite laminates PVT LTD
Distributor/Wholesaler
Golibar Santacruz, Mumbai, Maharashtra, India
91-022-26135626
Laminates, Furniture & Furnishings
Shree Shanti Enterprises
Distributor/Wholesaler
383 Bhawani Peth Pudamjee Paradise Shop No 11, Pune, Maharashtra, India
91-20-26332425
Veneers, Laminates, Plywood
pragati timber traders
Distributor/Wholesaler
Nr. Sosyo Circle, Udhana Magdalla Road, Surat, Gujarat, India
91-0261-2630901
Timber Size, Plywoods, Laminates
Sri RAM Plywood Agencies
Distributor/Wholesaler
1133/A, Service Road, Rpc Layout, Vijaynagar, ; Bangalore, Karnataka, India
91 80 30939222
Plywoods, veneers, laminates, mdf, block boards, decorative materials.
Gibson Veneer & Plywood Ltd
Distributor/Wholesaler
70 The Concourse Henderson, ; Auckland, New Zealand
64 9 8383000
Plywood, timber veneers, laminates
Al Safa Joinery
Manufacturer
AL Quoz Indl Area, ; Dubai, United Arab Emirates
971 4 3477173
Wood, plywood, laminates
Samarpan Laminates
Manufacturer
Rajpar Road, Morbi, Gujarat, India
91-2822-224224
Laminates, Furniture, Decoration Item,
9, Wallace Street, Fort, Mumbai, India, Mumbai, Maharashtra, India
91-22-22093670
Orthopaedic implants & instruments, dental products, laminates
BBTCL
Manufacturer
Fort, Mumbai, Maharashtra, India
91-22-22093670
Orthopaedic Implants And Instruments, Dental Consumables, Laminates
Northern Flooring
Distributor/Wholesaler
261 E. Helen Road, Palatine, Illinois, United States
1-847-934-4670
Carpet / Rugs / Stone / Porcelain / Metal & Glass Tile / Ceramic / Wood / Bamboo / Cork / Laminates / Hunter Douglas Window Treatments
Lint NV
Partnership
Kortrijksestraat 66 / 2, Kuurne, Belgium
32-56-653530
Area Rugs, Doormats, PVC Planks And Tiles, Laminates, Tuft
METRO PLY & HARDWEAR
Individual (Sole proprietorship)
410, Shukrawar Peth, Solapur, Solapur, Maharashtra, India
91-0217-2735120
Plywood, Hardwear, Timber, Flushdoors, Laminates
F-12, Kavi Nagar Industrial Area, Ghaziabad, Uttar Pradesh, India
91-120-3256263
Induction Sealing Wads, Laminates, Steel Handles, Display & Dispenser, Electrodes
59/B Swastik Society, Navrangpura, Ahmedabad, Gujarat, India
91-79-26601238
Crgo, crngo, laminates, iron & steel
Room 18a, Qian Jiang Tower No.971, Dong Fang Rd, Shang Hai 200122, China, ; Shang Hai, Shanghai, China (Mainland)
86 21 68764411
Resin, insulation, mica, vulcanized fiber, PCB, laminates, sleeving, glass fiber
VOLCO INDUSTRIES
Manufacturer
69, G I D C , Waghodia, ; BARODA, Gujarat, India
91 2668 262545
Fibreglass epoxy sheets, fibreglass polyester sheets, smc, dmc components, fabricated, machined components as per customers srequirment form sheets/laminates
Merino Group
Manufacturer
5, Alexandra Court,60/1 Chowringhee, Kolkata, West Bengal, India
91-122-2308601
Furniture, laminates
Shirdi Industries Ltd
Manufacturer
Mhatre Pen, Sb Road, Dadar West, Mumbai, Maharashtra, India
91-22-24318550
Mdf boards, particle boards, laminates
GUJARAT AGENCIES.
Trading Company
93, J. . N. Shopping Centre, Dudhiya Talav,, Navsari, Gujarat, India
91-2637-259686
Plywood, Laminates, MDF Pre Lam
Smart Furnitures
Manufacturer
A145/8 TTC INDUSTRIAL AREA KOPARKHAIRNE, ; NAVI MUMBAI, Maharashtra, India
91 22 27613374
Membrane pressed PVC foil doors, kitchen cabinets, kitchen shutters, laminates, post forming, thermoforming, kitchen carcase, office furniture, componet supplies, profile wrapping,3D vaccuum forming
Ruko No 10, ; Jakarta, Jakarta Raya, Indonesia
62 21 6017188
High pressure laminates, laminates, countertops
Yug Decor Pvt. Ltd.
Individual (Sole proprietorship)
7 Abhikram, 27 Inquilab Society, Gulbai Tekra, Ahmedabad, Gujarat, India
91-79-26580920
Wood Glue, White Glue, Synthetic Adhesive, Rubber Adhesive, Sh Adhesive, D2 Adhesive, Chemical, Laminates, Plywood
Leapfrog Ventures
Trading Company
10, Suvarnanagar, Memnagar Road,, ; Ahmedabad, India, Gujarat, India
91 98240 10029
Ultramarine blue, toothpaste, safety matches, sugar boiled confectionery, paints, bicycles and spares, glass putty, PP woven bags, tarpaulins, laminates.
201, Durga Complex, LSC, Mayur Vihar-II, ; Delhi, Delhi, India
91 011 22771999
Laminates, Monolayer Tubes, Multilayer Tubes
BSP International Ltd.
Manufacturer
Suite 915 Daewoo I-ville, Seon-neung,890-49, ; Gangnam-gu, Seoul, South Korea
82 2 5572057
Flexible packaging, aluminum pouch (retortable & resealable), foil lids, laminates, membrane and squeezable bottle
K P Packaging
Manufacturer
Plot No 32, Kamathipura 13 Lane, Near Nagpada Junction, ; Mumbai, Maharashtra, India
91 22 23073457
Alu foil, PVC films, laminates
rngpolmers
Manufacturer
5 Shanker Vihar, Vikas Marg, Delhi-92, India, ; Delhi, Delhi, India
91 011 52440079
Co-extruded multilayer film, plastic films, ld films, BOPP films, laminates, shrink film, carry films, milk films.
Hareshwar Saw Mill
Manufacturer
Opp.Rajchandra Mandir,Naroda, Ahmedabad, ; Ahmedabad, Gujarat, India
091 079 22823565
Wooden Size, teak Wood Size, Jungle Wood, Wooden Box, laminates, wooden Doors, Wooden Windows, Wooden Frame, Wooden Pallets, Wooden Furniture, Packing Wood.
65, Shanti Industrial Est. , S. N Road, Mulund (West) , Mumbai, Maharashtra, India
91-22-25907080
PVC Shrink Sleeves, Pet Shrink Sleeves, Laminates, Plastic Shopping Bags, T-Shirt Bags, Wrap Around, Garment Polybags, Plastic Hangers
Reliance Rotoprints
Manufacturer
Plot No.73/D/2, Kattedan,, Hyderabad, Andhra Pradesh, India
91-40-24362530
Plastics, Disposable Glass, Laminates
Shreem Industries
Manufacturer
3-2nd Floor, B-Jadav Chambers, Ashram Road, ; Ahmedabad, Gujarat, India
91 79 27546891
Ropes, Twines, Box Strapping, Plastic Bags, Duster Clothes, Wipes, Flexible Packaging, Laminates
A-4, Sec-60, Noida, Uttar Pradesh, India
91--0120-40022262
Films (BOPET, BOPP and CPP - both in plain and metallized form), Coated Film, Laminates, Pouches, Holographic films Gravure cylinders
HEENA ROTO PRINTS
Manufacturer
464, G. I. D. C. Makarpura,, Vadodara, Gujarat, India
91-22-28882184
Aluminium foil, laminates, pouches
Manama Packaging Industry W.L.L.
Manufacturer
P. O. Box No. 87, Manama Bahrain, Bahrain
973-3-9917979
LDPE, HDPE, LLDPE, Laminates, Printed
Makintek Ltd.
Manufacturer
Osman Kavuncu San. Sit 36. CAD No: 50, Kayseri, Ambar, Turkey
90-352-3114210
Adhesive and non-adhesive tapes, adhesive backed we produce roll slitting machine for, foams and rubber, cork, felts, wovens and non-wovens, pvc, dielectrics, laminates, films.
Flex Industries Ltd
Manufacturer
A-1, Sector-60,, Noida, Uttar Pradesh, India
91-120-3982121
BOPP/PET films, Metallised Film, Laminates
CORNWALLIS CO
Manufacturer
Unit 21 Crewe Hall Ent Park, Crewe Cheshire, United Kingdom
44-01270-587825
OPP film, flexible film, laminates
Unit E And F, 14 / F Vigor Industrial Building, Block 2, 49-53 Ta Chuen Ping St., Hong Kong
00-852-24284428
Plastic Bags. Courier Bags, Security Bags, Invoice Enclosed Envelopes, Carry Bags, Shopping Bags, Food Packaging Bags And Films, Printed Rewind And Films, Laminates
Merkez Mah. 1026 / 3 Sok. No: 2 Haracci Gaziosmanpasa Istanbul-Turkey, Istanbul, Turkey
0090-212-6832223
Films, Foils, Laminates, PET Film, Aluminium Foil, Copper Foil, Nonwoven Tapes, Slitting, Laminating Services, Packaging Industry, HVAC Industry, Cable Industry
Paper Coaters Limited
Manufacturer
3 Marigold Place, ; Revesby, Nsw, Australia
61 2 97719085
Paper, foil, laminates
GOPSONS PAPERS LTD.
Manufacturer
A-14, Sector 60,, ; Noida, Uttar Pradesh, India
91 120 2580160
Security printing, hologram, hologrpahic film, laminates, labels, holographic paper, board, laminated or transferred, holographic lable stock etc.
311,3rd Floor Champaklal Ind. Estate, Sion(E), ; Mumbai, Maharashtra, India
91 22 9820799957
Type's of pouches, stand UPS/center seal/5 KG jumbo bags/vacumable and nitrogen flushable pouches/laminates/AL. Foil based pouches and laminates/spouted pouches.
Plot No. 35, Kattedhan, Hyderabad, Andhra Pradesh, India
91-040-24361018
Packing Material, Laminates, Flexible Packaging, Printing
Shree Ultra Inks
Manufacturer
19-1-877 / 1 / 1, Bahadurpura,, Hyderabad, Andhra Pradesh, India
91-040-32979933
Liquid Printing Inks, Laminates, Master Batches
Spectra Holo Pvt. Ltd.
Manufacturer
Upnoida269, Sector 28, Noida, Up, India
91-11-9810979000
Holographic Film, Paper, Fabric, Aluminium, Holograms, Security Stickers, Laminates.
auroraholographics
Manufacturer
Kent Street, ; clonakilty, cork, Ireland
353 23 35198
Holographics,holographic foils,laminates
SUEDAQ
Manufacturer, Trading Company, Buying Office
Colomno Sri Lanka, Sri Lanka
94--714803377
Packaging, Laminates, Gravure / Flexo Print
OMNIPLAST PVT LTD
Manufacturer, Buying Office
Plot No 2 Lane No 2 Mundka Udyog Vihar, Delhi, Delhi, India
91-11-28342601
Laminates, Pouches, Rolls, Printed, Plain,
Contender U.S. Inc
Manufacturer
54 Front Street, Fall River, Massachusetts, United States
1-508-6747700
Polyester Fabrics,Nylon Ripstop Fabrics,Laminates
255 Pennbright Ave. # 222, ; Houston, Texas, United States
1 281 8770222 xtn16
Polyester, BOPP, nylon, cellophane film, speciality film, foil, laminates, label and tag, custom convertor, slitting and rewinding