Sinomax Group Ltd. (1418) AI Stock Analysis

• Market Cap: HK$330.75M
• Dividend Yield: 7.76%
• Average Volume (3M): 293.40K
• Price to Earnings (P/E): 6.8
• Beta (1Y): 0.63
• Revenue Growth: -1.05%
• EPS Growth: -2.97%
• Country: HK
• Employees: 3,333
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.02
• Shares Outstanding: 1,750,002,100
• 10 Day Avg. Volume: 335,200
• 30 Day Avg. Volume: 293,400
• PEG Ratio: 0.03
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.11
• P/FCF Ratio: 2.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: HK$0.23 ▲(0.87% Upside)
• Action: Upgraded Date: 11/01/25
• Date: Action: Upgraded 11/01/25

Sinomax Group Ltd. receives a strong overall score due to its attractive valuation with a low P/E ratio and high dividend yield. The financial performance shows improvement in revenue and operational margins, though cash flow concerns persist. Technical analysis indicates positive momentum, but caution is advised due to potential overbought conditions.

Positive Factors

Vertical integration and dual routes to market

Sinomax's integrated model—from foam production to converting finished goods—lets it capture upstream material margins and downstream conversion premiums. Vertical integration supports supply continuity, margin control and diversified revenue streams, strengthening durable cash generation potential.

Negative Factors

Weak operating and free cash flow

Zero OCF and FCF in the most recent period undermine self-funding ability for dividends, working capital and capex. If cash generation does not recover, the company may need external financing, raising refinancing, liquidity and strategic execution risks over the medium term.

Sinomax Group Ltd. Business Overview & Revenue Model

Company Description

Sinomax Group Limited, an investment holding company, manufactures, and sells health and household products, and polyurethane foam. The company offers viscoelastic pillows, mattress toppers, and mattresses under the SINOMAX, Octaspring, Zeopedic, ...

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Sinomax Group Limited, an investment holding company, manufactures, and sells health and household products, and polyurethane foam. The company offers viscoelastic pillows, mattress toppers, and mattresses under the SINOMAX, Octaspring, Zeopedic, ...

How the Company Makes Money

Sinomax Group Ltd. generates revenue primarily through the sale of its core products, which include mattresses, pillows, and other bedding accessories. The company's revenue model is based on direct sales to consumers as well as wholesale distribu...

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Sinomax Group Ltd. generates revenue primarily through the sale of its core products, which include mattresses, pillows, and other bedding accessories. The company's revenue model is based on direct sales to consumers as well as wholesale distribu...

Sinomax Group Ltd. Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.98B	4.09B	3.61B	3.17B	4.26B	3.23B
Gross Profit	982.13M	1.05B	919.72M	586.55M	716.95M	623.82M
EBITDA	283.97M	324.37M	320.07M	163.28M	234.82M	251.80M
Net Income	102.88M	138.07M	62.59M	-35.97M	15.30M	58.52M
Balance Sheet
Total Assets	2.73B	2.56B	2.41B	2.24B	2.83B	2.51B
Cash, Cash Equivalents and Short-Term Investments	348.32M	262.44M	309.92M	168.96M	229.71M	147.18M
Total Debt	891.26M	743.79M	722.62M	822.00M	944.87M	785.45M
Total Liabilities	1.72B	1.56B	1.49B	1.35B	1.82B	1.56B
Stockholders Equity	973.52M	973.71M	925.76M	895.20M	992.82M	954.51M
Cash Flow
Free Cash Flow	35.68M	184.10M	358.11M	98.55M	69.70M	46.68M
Operating Cash Flow	120.51M	249.94M	420.35M	149.60M	118.34M	76.11M
Investing Cash Flow	-140.32M	-82.70M	-49.46M	-20.79M	28.19M	12.75M
Financing Cash Flow	34.93M	-214.09M	-231.43M	-191.18M	-55.86M	-197.91M

Sinomax Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1418, the sentiment is Neutral. The current price of 0.23 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and below the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.78 is Neutral, neither overbought nor oversold. The STOCH value of 70.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1418.

Sinomax Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1418	73 Outperform	HK$330.75M	6.76	6.01%	7.76%	-1.05%	-2.97%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1373	60 Neutral	HK$604.59M	5.15	4.84%	7.24%	-6.53%	-49.31%
0396	52 Neutral	HK$226.27M	107.81	1.58%	8.93%	-13.44%	―
2127	41 Neutral	HK$76.58M	-0.04	―	―	-72.73%	-764.81%
1575	39 Underperform	HK$219.48M	-1.29	10.31%	―	-50.43%	79.67%
1198	39 Underperform	HK$254.66M	-0.60	-40.16%	―	―	―

Sinomax Group Ltd. Corporate Events