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Sinomax Group Ltd. ( (HK:1418) ) just unveiled an update.
Sinomax Group Ltd. announced a further subscription of shares in a target company, utilizing the Price-to-EBITDA ratio to determine the consideration for the investment. The company excluded one-off exceptional expenses from the target company’s adjusted EBITDA, including a transaction bonus and bad debt expense, to ensure the valuation accurately reflects core profitability and operational performance.
The most recent analyst rating on (HK:1418) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sinomax Group Ltd. stock, see the HK:1418 Stock Forecast page.
More about Sinomax Group Ltd.
Sinomax Group Ltd. is a company incorporated under the laws of the Cayman Islands, operating in the industry with a focus on business performance and earning power. The company utilizes financial metrics such as the Price-to-EBITDA ratio to assess the value of target companies, reflecting its strategic approach to investments.
Average Trading Volume: 364,296
Technical Sentiment Signal: Hold
Current Market Cap: HK$420M
For a thorough assessment of 1418 stock, go to TipRanks’ Stock Analysis page.