Sinomax Group (HKSE:01418) Cash Conversion Cycle: 46.96 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01418 Sinomax Group Ltd HKSE:01418
50 GF Score
Price HK$0.16
GF Value HK$0.24
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sinomax Group Cash Conversion Cycle?

Sinomax Group HKSE:01418 +3.33% 50 Cash Conversion Cycle is 46.96 as of Dec. 2025. GuruFocus rates HKSE:01418 with a GF Score™ of 50/100 and a GF Value™ of HK$0.24 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Sinomax Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 51.96.
Sinomax Group's Days Inventory for the six months ended in Dec. 2025 was 49.74.
Sinomax Group's Days Payable for the six months ended in Dec. 2025 was 54.74.
Therefore, Sinomax Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 46.96.


Sinomax Group  (HKSE:01418) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Sinomax Group Cash Conversion Cycle Related Terms


Sinomax Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Sinomax Group's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sinomax Group Cash Conversion Cycle Chart

Sinomax Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.99 97.01 70.33 54.37 50.98

Sinomax Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.77 58.80 56.31 65.17 46.96

HKSE:01418 vs SN, SGI, MHK: Cash Conversion Cycle Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sinomax Group's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sinomax Group Cash Conversion Cycle vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sinomax Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sinomax Group's Cash Conversion Cycle falls into.


HKSE:01418
50GF Score
Sinomax Group Ltd HKSE:01418
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinomax Group Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Sinomax Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=58.92+57.71-65.65
=50.98

Sinomax Group's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=51.96+49.74-54.74
=46.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 46.96 mean?
Sinomax Group (HKSE:01418) has a Cash Conversion Cycle of 46.96 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sinomax Group and its competitors.
Is Sinomax Group's Cash Conversion Cycle too high?
Sinomax Group's current Cash Conversion Cycle is 46.96. The Furnishings, Fixtures & Appliances industry median Cash Conversion Cycle is 85.09. Sinomax Group's value of 46.96 is 44.8% below this industry median. Overall, Sinomax Group has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinomax Group's Cash Conversion Cycle compare to SN and SGI?
Sinomax Group's Cash Conversion Cycle of 46.96 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cash Conversion Cycle is 85.09. Sinomax Group's value of 46.96 is 44.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Furnishings, Fixtures & Appliances company?
The median Cash Conversion Cycle among Furnishings, Fixtures & Appliances companies is 85.09, based on 432 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sinomax Group's current Cash Conversion Cycle of 46.96 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Sinomax Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cash Conversion Cycle is 85.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinomax Group's current Cash Conversion Cycle is 46.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinomax Group stock overvalued right now?
Based on GuruFocus' analysis, Sinomax Group (HKSE:01418) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.16 — trading 35.4% below its estimated fair value. The current Cash Conversion Cycle is 46.96 and 44.8% below the Furnishings, Fixtures & Appliances industry median of 85.09. Sinomax Group's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Sinomax Group (HKSE:01418), the current Cash Conversion Cycle is 46.96 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sinomax Group (HKSE:01418) Overvalued in 2026?

Based on GuruFocus' analysis, Sinomax Group stock appears to be undervalued. The current stock price of HK$0.16 is trading 35.4% below its estimated GF Value™ of HK$0.24. GuruFocus considers Sinomax Group to be Significantly Undervalued.

Key valuation signals for HKSE:01418:

  • Cash Conversion Cycle: 46.96
  • GF Value™: HK$0.24 vs. price of HK$0.16 (35.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 44.8% below the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the HKSE:01418 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinomax Group Business Description

Address 38 Wang Chiu Road, Units 2005-2007, Level 20, Tower 1, MegaBox Enterprise Square Five, Kowloon Bay, Hong Kong, HKG
Sinomax Group Ltd is an investment holding company and is engaged in the manufacturing and marketing of visco-elastic health and wellness products globally. It focuses on the business of manufacture and sale of health and household products including visco-elastic pillows, mattress toppers and mattresses, and polyurethane foam, of which a majority of the revenue is generated from health and household products. Its operating segment consists of the China market, the North American market, Europe and another overseas market, and the majority of the revenue comes from the China market. Its own brands are Sinomax, Dream Serenity and others.
50GF Score

Get the complete analysis for HKSE:01418

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.16
Price
HK$0.24
GF Value