Sinomax Group Ltd.

Sinomax Group Ltd.

HHKEX:1418
0.12
HKD
0.00
(0.00%)
407.75MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.44
1.71
1.68
2
2.39
2.44
1.71
1.85
2.43
1.81
2.06
2.34
2.68
- -
Basic EPS, GAAP
0.08
0.12
0.1
0.06
0.02
- -
-0.12
0.03
0.01
-0.02
0.04
0.08
0.03
- -
Free Cash Flow per Basic Share
0.05
-0.02
0.19
-0.22
-0.09
0.01
0.16
0.05
0.06
0.08
0.2
0.11
0.04
- -
Dividend per Share
- -
0.05
0.05
0.03
0.02
0.02
0.01
0.03
- -
0.01
0.01
0.02
0.03
- -
Book Value per Share
0.33
0.53
0.6
0.61
0.66
0.62
0.49
0.55
0.57
0.51
0.53
0.56
0.59
0.59
Tangible Book Value per Share
0.33
0.52
0.59
0.45
0.51
0.48
0.48
0.54
0.55
0.49
0.51
0.54
0.45
0.45
Basic Weighted Avg Shares
1,650
1,572
1,712
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
Sales/Revenue/Turnover
2,370
2,683
2,870
3,500
4,184
4,263
2,997
3,232
4,260
3,171
3,609
4,091
4,697
- -
Operating Margin (%)
9.71
10.46
10.66
5.44
4.32
3.5
-1.54
3.61
1.5
-1.05
3.86
4.99
2.55
- -
Depreciation Expense
19
27
32
50
68
86
158
146
160
169
150
160
193
- -
Net Income, GAAP
136
194
173
104
40
-6
-217
59
15
-36
63
138
60
- -
Effective Tax Rate (%)
23.5
17.79
24.45
9.48
12.8
82.45
- -
11.52
16.99
- -
34.34
18.47
21.34
- -
Profit Margin (%)
5.73
7.24
6.02
2.96
0.95
-0.14
-7.22
1.81
0.36
-1.13
1.73
3.37
1.28
- -
Working Capital
278
611
671
397
388
531
108
273
378
277
339
370
291
291
LT Debt
- -
- -
- -
85
121
289
226
163
272
236
208
251
240
240
Total Equity
575
913
1,097
1,214
1,309
1,226
865
956
1,007
887
918
1,000
1,079
1,079
Return on Invested Capital (%)
- -
22.62
17.74
11.8
8.21
1.15
- -
5.73
2.61
- -
6.67
11.6
6.68
- -
Return on Capital (%)
- -
20.5
13.87
8.23
2.75
-0.45
- -
5.15
1.71
- -
4.62
9.12
4.24
- -
Return on Common Equity (%)
- -
27.45
17.85
9.78
3.58
-0.52
-22.39
6.47
1.57
-3.81
6.87
14.54
6.01
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
493
674
820
LT Borrowings
- -
- -
- -
LT Finance Leases
251
217
240
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,750
1,750
1,750
Market Capitalization
438
508
408

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,665
1,847
2,203
Cash, Cash Equivalents & STI
262
348
368
Accounts Receivable, Net
662
743
854
Inventories
477
509
660
Total Current Liabilities
1,295
1,494
1,912
Payables & Accruals
- -
- -
- -
ST Debt
493
674
820
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.7%
2.74%
7.95%
Free Cash Flow
190.44%
21.26%
-57.43%
Net Income, GAAP
267.03%
-123.73%
-56.33%
Sales/Revenue/Turnover
6.97%
9.64%
14.8%
Total Cash Common Dividend
37.75%
73.14%
24.2%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,609
2024
- -
- -
4,091
2025
- -
- -
4,697

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.08
2025
- -
- -
0.03

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.02
2025
- -
- -
0.03

Company Description

CEO
Tung Cheung
Full Time Employees
3,867
Sector
Consumer non-durables
Industry
Household/Personal care
Address
MegaBox Enterprise Square Five Hong Kong Hong Kong
IPO Date
Jul 10, 2014
Business
Sinomax Group Limited develops, manufactures, and sells health and wellness products primarily focused on spinal care. Its main product lines include visco-elastic pillows, mattress toppers, polyurethane foam mattresses, specialty chairs, ergonomic furniture, massage products, and smart living products marketed under various brands such as SINOMAX, Spa Supreme, ComforZen, Dream Serenity, Zeopedic, Customizer, Dormeo Octaspring, Kids Pedic, Design, XCOR, Cradlez, Sharper Image, Awaken, Homedics, and Tung Ah. The Group operates globally with significant focus on the United States and European markets. Founded in 2001 and headquartered in Hong Kong, Sinomax continuously invests in research and development, materials procurement, design, and quality control to innovate and maintain high product standards. The company targets health-conscious consumers and the home furnishing market, offering slow-rebound and memory foam-based comfort and health solutions. Recent strategic developments include the acquisition of a 55% controlling stake in M DK Holdings ApS, completed in August 2025, enhancing the Group’s operational synergies, broadening its customer base, and streamlining decision-making processes to support long-term growth objectives. Additionally, Sinomax USA, a wholly-owned subsidiary, acquired intellectual property from a U.S. brand for approximately $4.6 million in 2025, expanding its product portfolio and intellectual assets. The company’s strategic focus remains on expanding its presence in the U.S. and Europe, notably through new sales projects for mattress-in-a-box products. Sinomax USA also received the 2025 Sustainability Leadership Award from the Business Intelligence Group, reflecting its commitment to sustainable innovation. These moves underscore Sinomax Group’s ongoing transformation to extend its market reach and product offerings while enhancing operational efficiency and innovation capacities in the health and wellness industry. The company is publicly traded on the Hong Kong Stock Exchange under the ticker 1418.HK.