Sinomax Group Ltd operates within the Mattresses and bedsprings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinomax Group Ltd with three other
furniture companies in Asia:
Xilinmen Furniture Co Ltd
sales of 4.21 billion Chinese Renmimbi [US$602.33 million]
of which 98%
Healthcare Co Ltd
(3.05 billion Chinese Renmimbi [US$436.20 million]
of which 55%
was Memory foam mattress), and
based in South Korea
(621.76 billion Korean Won [US$537.20 million]
of which 56%
was Finished Goods-Mattress).
During the year ended December of 2018, sales at
Sinomax Group Ltd were HK$4.26 billion (US$544.68 million).
a very small
increase of 1.9%
versus 2017, when the company's sales were HK$4.18 billion.
This was the fifth consecutive year of sales increases at Sinomax Group Ltd
(and since 2013, sales have increased a total of 80%).
Sales of China Market saw an increase
that was more than double the company's growth rate: sales were up
9.3% in 2018, from
HK$2.34 billion to HK$2.55 billion.
Not all segments of Sinomax Group Ltd experienced an increase in sales in 2018:
sales of Europe and Other Overseas Markets fell 45.4% to HK$50.91 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Sinomax Group Ltd also experienced decreases in sales in
North American Market (down 5.5% to HK$1.66 billion)