1418 Stock Overview
Sinomax Group Limited, an investment holding company, manufactures, and sells health and household products, and polyurethane foam.
Sinomax Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.18|
|52 Week High||HK$0.40|
|52 Week Low||HK$0.13|
|1 Month Change||10.43%|
|3 Month Change||-5.26%|
|1 Year Change||-21.74%|
|3 Year Change||-23.73%|
|5 Year Change||-76.32%|
|Change since IPO||-82.69%|
Recent News & Updates
Capital Allocation Trends At Sinomax Group (HKG:1418) Aren't Ideal
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Sinomax Group (HKG:1418) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Sinomax Group (HKG:1418) Could Be Struggling To Allocate Capital
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...
|1418||HK Consumer Durables||HK Market|
Return vs Industry: 1418 exceeded the Hong Kong Consumer Durables industry which returned -46.9% over the past year.
Return vs Market: 1418 matched the Hong Kong Market which returned -21.2% over the past year.
|1418 Average Weekly Movement||9.8%|
|Consumer Durables Industry Average Movement||6.9%|
|Market Average Movement||6.9%|
|10% most volatile stocks in HK Market||13.7%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 1418 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 1418's weekly volatility (10%) has been stable over the past year.
About the Company
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, Zeosleep, PureLUX, Dream Serenity, ComforZen, Cradlez, Customizer, Design, Spa Supreme, and Tung Ah brands. It sells its products through self-operated stand-alone retail shops and concession counters in department store, as well as internet.
Sinomax Group Fundamentals Summary
|1418 fundamental statistics|
Is 1418 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1418 income statement (TTM)|
|Cost of Revenue||HK$3.54b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0087|
|Net Profit Margin||0.36%|
How did 1418 perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Does 1418 pay a reliable dividends?See 1418 dividend history and benchmarks
|Sinomax Group dividend dates|
|Ex Dividend Date||Jul 04 2022|
|Dividend Pay Date||Jul 22 2022|
|Days until Ex dividend||4 days|
|Days until Dividend pay date||22 days|
Does 1418 pay a reliable dividends?See 1418 dividend history and benchmarks
Is 1418 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1418?
Other financial metrics that can be useful for relative valuation.
|What is 1418's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1418's PE Ratio compare to its peers?
|1418 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1925 Kwung's Holdings
146 Tai Ping Carpets International
2223 Casablanca Group
531 Samson Holding
1418 Sinomax Group
Price-To-Earnings vs Peers: 1418 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (9.5x).
Price to Earnings Ratio vs Industry
How does 1418's PE Ratio compare vs other companies in the HK Consumer Durables Industry?
Price-To-Earnings vs Industry: 1418 is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the Hong Kong Consumer Durables industry average (9x)
Price to Earnings Ratio vs Fair Ratio
What is 1418's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||20.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1418's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1418 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1418 (HK$0.18) is trading above our estimate of fair value (HK$0.13)
Significantly Below Fair Value: 1418 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1418's PEG Ratio to determine if it is good value.
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How is Sinomax Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sinomax Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Sinomax Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Sinomax Group competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Sinomax Group performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1418 has high quality earnings.
Growing Profit Margin: 1418's current net profit margins (0.4%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: 1418's earnings have declined by 24.4% per year over the past 5 years.
Accelerating Growth: 1418's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1418 had negative earnings growth (-73.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (-12.7%).
Return on Equity
High ROE: 1418's Return on Equity (3.1%) is considered low.
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How is Sinomax Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1418's short term assets (HK$1.9B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 1418's short term assets (HK$1.9B) exceed its long term liabilities (HK$292.4M).
Debt to Equity History and Analysis
Debt Level: 1418's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 1418's debt to equity ratio has increased from 39.4% to 58.4% over the past 5 years.
Debt Coverage: 1418's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 1418's interest payments on its debt are not well covered by EBIT (0.7x coverage).
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What is Sinomax Group current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1418's dividend (2.22%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.71%).
High Dividend: 1418's dividend (2.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.74%).
Stability and Growth of Payments
Stable Dividend: 1418 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1418 has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 1418's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.5%), 1418's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tung Cheung (45 yo)
Mr. Tung Cheung serves as the President of Sinomax Group Limited and has been its Executive Director since June 5, 2012. Mr. Cheung is responsible for the overall management and daily operations of Sinomax...
CEO Compensation Analysis
Compensation vs Market: Tung's total compensation ($USD330.71K) is above average for companies of similar size in the Hong Kong market ($USD232.99K).
Compensation vs Earnings: Tung's compensation has been consistent with company performance over the past year.
Experienced Board: 1418's board of directors are seasoned and experienced ( 10 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sinomax Group Limited's employee growth, exchange listings and data sources
- Name: Sinomax Group Limited
- Ticker: 1418
- Exchange: SEHK
- Founded: 2000
- Industry: Home Furnishings
- Sector: Consumer Durables
- Implied Market Cap: HK$315.000m
- Shares outstanding: 1.75b
- Website: https://www.sinomax.com/group
Number of Employees
- Sinomax Group Limited
- MegaBox Enterprise Square Five
- Tower 1, Level 20
- Kowloon Bay
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/30 00:00|
|End of Day Share Price||2022/06/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.