Miscellaneous Fabricated Textile ProductsIFRS · EUR

MaxsMaking Inc.

MaxsMaking Inc. is a British Virgin Islands company headquartered in Shanghai that makes customized consumer goods and promotional textile products. Its business combines small-batch textile production, product design, digital order management, online sales, and international trade through manufacturing facilities in China.

Liikevaihto29,2milj. EUR
+36,3 %v/v
Liikevoitto (EBIT)0,1milj. EUR
−95,3 %v/v
EBIT-marginaali0,4%
−9,9 %-yks.v/v
Nettotulos0,0milj. EUR
−99,9 %v/v
Vapaa kassavirta−5,3milj. EUR
−74,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2023–2025

0102030milj. EUR2023: 26 milj. EUR2023: EBIT 2,4 milj. EUR20232024: 21 milj. EUR2024: EBIT 2,2 milj. EUR20242025: 29 milj. EUR2025: EBIT 0,10 milj. EUR2025290,10
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Customized textile products55 %

Small-batch textile goods made to customer specifications, including promotional and functional items.

Promotional bags and accessories25 %

Backpacks, shopping bags, aprons, and related branded merchandise for practical or promotional use.

Digital production and order management10 %

Software-enabled order handling, product configuration, and production coordination.

Design and brand services10 %

Product design and brand management services tied to customized consumer goods offerings.

Asiakkaat

The company sells customized consumer and promotional goods to buyers that need small runs, tailored branding, or rapid product iteration. Its customer base likely includes businesses, distributors, and promotional merchandise buyers, with online channels also supporting direct ordering and cross-border trade. The value proposition is customization, cost efficiency, and design-to-delivery coordination rather than standard mass-market manufacturing.

Promotional merchandise buyers

Businesses and organizations buying branded bags, aprons, and giveaway items for marketing or events.

Custom consumer goods customers

Buyers needing small-batch personalized textile products made to specific design requirements.

Online and cross-border order clients

Customers using online sales channels for customized orders and international fulfillment.

Trade and channel partners

Partners that resell or distribute customized products into broader consumer and commercial markets.

Strategia

The company’s strategy centers on customization, digital production, and proprietary order-management tools to handle small-batch manufacturing efficiently. It also emphasizes sustainable materials, brand services, and international trade capabilities to differentiate its product offering in a fragmented market. Manufacturing concentration in China supports cost and supply-chain integration, while online sales broaden customer access.

Improve customization executionLyhyt aikaväli

Customization is the core value proposition, so order accuracy and speed drive customer retention.

Strengthen digital and design capabilitiesKeskipitkä aikaväli

Software and product design help the company scale bespoke orders without relying only on manual processes.

Broaden market access through trade and online salesKeskipitkä aikaväli

Online channels and international trade increase the customer pool beyond local manufacturing markets.

Maantiede

MaxsMaking operates from Shanghai with production facilities in Zhejiang and Henan provinces in China. The business is built around China-based manufacturing and international trade, so supply chain execution and export access are central to its operating model. Its listed-company structure is offshore, but the operating footprint is concentrated in mainland China.

Riskit

The business is exposed to execution risk in customized manufacturing, where delays, quality issues, or order mismatches can directly affect customer relationships. Its China-centered production footprint also creates supply-chain, logistics, and geopolitical exposure, while cross-border sales can be affected by trade rules and customer concentration. Separately, the recent Nasdaq-related trading halt and delisting process create securities-market risk for shareholders, even though that is not an operating risk of the underlying business.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Custom order execution risk1Market-manipulation and listing risk2China supply-chain concentration3Cross-border trade and tariff exposure4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Custom order execution riskVaikutus: KorkeaTodennäköisyys: Korkea

    Small-batch and made-to-order products require accurate design, production, and fulfillment.

    KohdistuuBackpacksShopping bagsApronsPromotional items
  2. Market-manipulation and listing riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company disclosed a Nasdaq delisting determination and trading halt.

    Kohdistuu: Public market liquidity and shareholder tradability

  3. China supply-chain concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Production is concentrated in Zhejiang and Henan, making the company dependent on mainland operations.

    KohdistuuManufacturingLaborLogisticsInput sourcing
  4. Cross-border trade and tariff exposureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    International trade is part of the operating model and can be affected by customs rules and trade barriers.

    Kohdistuu: Export customers and overseas fulfillment

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on customized orders

Custom production may require judgment over when control transfers and revenue is earned.

Vaikutus: Affects reported revenue timing and quarterly comparability

Provisioning for returns or defects

Customized consumer goods may carry quality or remake obligations.

Vaikutus: Affects gross profit and accrual balances

Foreign currency translation

Operating costs and assets are concentrated in China while reporting may be in a different currency framework.

Vaikutus: Affects earnings volatility and balance-sheet translation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026