Powell Max Limited Class A (PMAX) AI Stock Analysis

• Market Cap: $5.07M
• Dividend Yield: N/A
• Average Volume (3M): 37.52K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.05
• Revenue Growth: -18.89%
• EPS Growth: -917.54%
• Country: US
• Employees: 53
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Specialty Business Services
• EPS (TTM): -0.16
• Shares Outstanding: 2,644,418
• 10 Day Avg. Volume: 23,331
• 30 Day Avg. Volume: 37,522
• PEG Ratio: 0.03
• Price to Book (P/B): 9.63
• Price to Sales (P/S): 5.62
• P/FCF Ratio: -15.88
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.20
• Enterprise Value/Gross Profit: 0.74
• Enterprise Value/Ebitda: -0.66
• 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: 39 Underperform
• Price Target: $1.50 ▼(-9.09% Downside)

Powell Max Limited Class A's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue, profitability, and negative cash flows. The technical analysis provides mixed signals, with the stock trading below key moving averages. The valuation is also weak, with a negative P/E ratio and no dividend yield, making the stock less attractive to investors.

Positive Factors

Revenue Diversification

Diversified revenue streams from technology products, manufacturing services, and licensing agreements provide stability and reduce dependency on a single market.

Strategic Partnerships

Strategic partnerships enhance market reach and product offerings, supporting long-term growth and competitive positioning.

R&D Investment

Continuous investment in R&D drives innovation, ensuring the company remains competitive and meets evolving customer needs.

Negative Factors

Declining Profitability

A significant decline in profitability indicates operational challenges and may impact the company's ability to reinvest in growth.

Negative Cash Flow

Negative cash flow suggests liquidity issues, potentially limiting the company's ability to fund operations and strategic initiatives.

Nasdaq Delisting Risk

Facing delisting risk from Nasdaq highlights financial instability and could reduce market confidence and access to capital.

Powell Max Limited Class A Business Overview & Revenue Model

Company Description

Powell Max Limited Class A (PMAX) is a diversified company operating primarily in the technology and manufacturing sectors. It specializes in providing innovative solutions and products that cater to various industries, including consumer electronics, automotive, and industrial machinery. PMAX focuses on developing cutting-edge technologies and efficient manufacturing processes to deliver high-quality products that meet the evolving needs of its customers.

How the Company Makes Money

Powell Max Limited generates revenue through multiple key streams, including the sale of proprietary technology products, manufacturing services for third-party clients, and licensing agreements for its patented technologies. The company also benefits from strategic partnerships with major players in the technology and manufacturing sectors, allowing it to expand its market reach and enhance its product offerings. Additionally, PMAX invests in research and development to innovate and diversify its product line, which helps to drive sales and increase customer loyalty.

Powell Max Limited Class A Financial Statement Overview

Summary

Powell Max Limited Class A faces significant financial challenges, with a sharp decline in revenue and profitability, negative cash flows, and reliance on external financing. Despite some improvements in the balance sheet, the negative return on equity and high liabilities remain major concerns.

Income Statement

Powell Max Limited Class A experienced a significant decline in revenue and profitability in the most recent year. The gross profit margin decreased from 48.6% to 39.4%, and the net profit margin turned negative at -49.6% from a positive 14.4% the previous year. The company also reported negative EBIT and EBITDA margins, indicating operational challenges. The revenue growth rate was negative, showing a decline of 25.8% year-over-year, highlighting a concerning trend in revenue trajectory.

Balance Sheet

The balance sheet shows a mixed picture. The debt-to-equity ratio improved due to a positive stockholders' equity, but the company still has a high level of total liabilities relative to equity. The equity ratio improved to 34.0% from a negative position, indicating better asset coverage by equity. However, the return on equity is negative due to the net loss, which raises concerns about profitability and financial stability.

Cash Flow

Cash flow analysis reveals significant challenges. The operating cash flow turned negative, and free cash flow decreased substantially, indicating liquidity issues. The free cash flow to net income ratio is not meaningful due to negative values. The company relied heavily on financing activities, as shown by the large positive financing cash flow, which may not be sustainable long-term.

Breakdown	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	36.30M	49.00M	37.64M
Gross Profit	9.89M	18.82M	10.47M
EBITDA	-11.56M	12.61M	5.62M
Net Income	-17.99M	7.06M	-98.25K
Balance Sheet
Total Assets	62.57M	22.99M	19.83M
Cash, Cash Equivalents and Short-Term Investments	42.22M	3.66M	1.40M
Total Debt	20.10M	9.25M	13.29M
Total Liabilities	41.30M	38.30M	42.18M
Stockholders Equity	21.27M	-15.31M	-22.34M
Cash Flow
Free Cash Flow	-12.90M	6.83M	5.01M
Operating Cash Flow	-11.41M	7.11M	5.47M
Investing Cash Flow	-1.20M	-239.07K	-465.35K
Financing Cash Flow	51.18M	-4.61M	-4.21M

Powell Max Limited Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.65
• 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 PMAX, the sentiment is Positive. The current price of 1.65 is below the 20-day moving average (MA) of 1.96, below the 50-day MA of 2.37, and below the 200-day MA of 2.82, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 62.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PMAX.

Powell Max Limited Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
NTIP	49 Neutral	$32.18M	―	-5.87%	7.30%	-92.03%	-77.99%
SFHG	44 Neutral	$9.43M	-6.11	-27.69%	―	3.94%	-1060.76%
SGRP	41 Neutral	$26.40M	-2.02	-93.99%	―	-35.72%	-277.39%
PMAX	39 Underperform	$5.07M	―	-344.73%	―	-18.89%	-917.54%

Powell Max Limited Class A Corporate Events

Powell Max Limited Announces Change in Beneficial Ownership

Powell Max Limited, a company based in Hong Kong, announced a significant change in its ownership structure on October 30, 2025. The company’s principal shareholder, Bliss On Limited, previously owned by Ms. Po Man Stella Leung, was sold to ECF (BVI) Limited. This transaction results in ECF acquiring indirect beneficial ownership of Powell Max Limited’s ordinary shares. Despite this change in ownership, there are no alterations in the company’s board composition or senior management, and its business operations remain unaffected.

Powell Max Limited Announces Reverse Stock Split Effective October 6, 2025

Powell Max Limited, a company incorporated in the British Virgin Islands, announced on September 25, 2025, its plan to implement a 1-for-8 reverse stock split effective October 6, 2025. This move, approved by the Board of Directors on September 15, 2025, aims to reduce the number of authorized shares from 100 million to 12.5 million, potentially impacting the company’s market positioning and shareholder value. The reverse split is subject to Nasdaq Operations notice requirements, with trading to commence on a split-adjusted basis under the symbol ‘PMAX.’

Powell Max Limited Reports First Half 2025 Financial Results

On September 23, 2025, Powell Max Limited announced its unaudited financial results for the first half of 2025, revealing a 5.3% increase in revenue to HK$23.9 million compared to the same period in 2024. Despite the revenue growth, the company reported a net loss of HK$20.4 million, a significant downturn from a profit of HK$0.8 million in the previous year, primarily due to increased general and administrative expenses following the acquisition of Miracle Media and heightened selling and distribution costs.

Powell Max Limited Faces Nasdaq Delisting Amid Compliance Issues

Powell Max Limited, a company listed on the Nasdaq Stock Market, has faced challenges in maintaining compliance with Nasdaq’s listing requirements. On September 2, 2025, the company received a delisting determination from Nasdaq due to its failure to meet the minimum bid price and stockholders’ equity requirements. The company plans to appeal this decision to a Nasdaq Hearings Panel, which would temporarily suspend the delisting process. This development highlights the company’s current financial difficulties and its efforts to maintain its market position.