Sinomax Group Balance Sheet Health

Financial Health criteria checks 6/6

Sinomax Group has a total shareholder equity of HK$950.0M and total debt of HK$435.3M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are HK$2.5B and HK$1.5B respectively. Sinomax Group's EBIT is HK$212.8M making its interest coverage ratio 5. It has cash and short-term investments of HK$357.6M.

Key information

45.8%

Debt to equity ratio

HK$435.25m

Debt

Interest coverage ratio5x
CashHK$357.60m
EquityHK$949.97m
Total liabilitiesHK$1.53b
Total assetsHK$2.48b

Recent financial health updates

Recent updates

The Market Doesn't Like What It Sees From Sinomax Group Limited's (HKG:1418) Earnings Yet

Jan 24
The Market Doesn't Like What It Sees From Sinomax Group Limited's (HKG:1418) Earnings Yet

Sinomax Group Limited (HKG:1418) Held Back By Insufficient Growth Even After Shares Climb 37%

Oct 23
Sinomax Group Limited (HKG:1418) Held Back By Insufficient Growth Even After Shares Climb 37%

Sinomax Group's (HKG:1418) Dividend Will Be HK$0.01

Aug 26
Sinomax Group's (HKG:1418) Dividend Will Be HK$0.01

Sinomax Group Limited (HKG:1418) Stock Rockets 60% As Investors Are Less Pessimistic Than Expected

Aug 06
Sinomax Group Limited (HKG:1418) Stock Rockets 60% As Investors Are Less Pessimistic Than Expected

Shareholders May Be A Bit More Conservative With Sinomax Group Limited's (HKG:1418) CEO Compensation For Now

May 31
Shareholders May Be A Bit More Conservative With Sinomax Group Limited's (HKG:1418) CEO Compensation For Now

We Think Sinomax Group's (HKG:1418) Robust Earnings Are Conservative

Apr 30
We Think Sinomax Group's (HKG:1418) Robust Earnings Are Conservative

Is Sinomax Group (HKG:1418) Weighed On By Its Debt Load?

Nov 15
Is Sinomax Group (HKG:1418) Weighed On By Its Debt Load?

The Returns On Capital At Sinomax Group (HKG:1418) Don't Inspire Confidence

Aug 31
The Returns On Capital At Sinomax Group (HKG:1418) Don't Inspire Confidence

A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)

Mar 17
A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)

Sinomax Group (HKG:1418) Has Debt But No Earnings; Should You Worry?

Nov 18
Sinomax Group (HKG:1418) Has Debt But No Earnings; Should You Worry?

Calculating The Fair Value Of Sinomax Group Limited (HKG:1418)

Jul 30
Calculating The Fair Value Of Sinomax Group Limited (HKG:1418)

Capital Allocation Trends At Sinomax Group (HKG:1418) Aren't Ideal

Jun 13
Capital Allocation Trends At Sinomax Group (HKG:1418) Aren't Ideal

Sinomax Group (HKG:1418) Has A Somewhat Strained Balance Sheet

Apr 28
Sinomax Group (HKG:1418) Has A Somewhat Strained Balance Sheet

Sinomax Group (HKG:1418) Could Be Struggling To Allocate Capital

Mar 15
Sinomax Group (HKG:1418) Could Be Struggling To Allocate Capital

A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)

Dec 21
A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)

Sinomax Group (HKG:1418) Takes On Some Risk With Its Use Of Debt

Nov 18
Sinomax Group (HKG:1418) Takes On Some Risk With Its Use Of Debt

Investors Could Be Concerned With Sinomax Group's (HKG:1418) Returns On Capital

Sep 27
Investors Could Be Concerned With Sinomax Group's (HKG:1418) Returns On Capital

Sinomax Group (HKG:1418) Will Be Looking To Turn Around Its Returns

Jun 19
Sinomax Group (HKG:1418) Will Be Looking To Turn Around Its Returns

Sinomax Group's (HKG:1418) Earnings Are Of Questionable Quality

Apr 27
Sinomax Group's (HKG:1418) Earnings Are Of Questionable Quality

Health Check: How Prudently Does Sinomax Group (HKG:1418) Use Debt?

Dec 15
Health Check: How Prudently Does Sinomax Group (HKG:1418) Use Debt?

Financial Position Analysis

Short Term Liabilities: 1418's short term assets (HK$1.7B) exceed its short term liabilities (HK$1.3B).

Long Term Liabilities: 1418's short term assets (HK$1.7B) exceed its long term liabilities (HK$226.7M).


Debt to Equity History and Analysis

Debt Level: 1418's net debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: 1418's debt to equity ratio has reduced from 63.7% to 45.8% over the past 5 years.

Debt Coverage: 1418's debt is well covered by operating cash flow (84.9%).

Interest Coverage: 1418's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 05:11
End of Day Share Price 2025/02/07 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

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Industry and Sector Metrics

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Analyst Sources

Sinomax Group Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yiu Chuen MakChina Merchants Securities (HK) Co., Ltd
Lijie YuRHB Investment Bank