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← CockpitCompetitor Analysis › 002393.SZ Tianjin Lisheng Pharmaceutical Co., Ltd. Class AOpen in the cockpit ↗

Tianjin Lisheng Pharmaceutical Co., Ltd. Class A002393.SZCompetitor analysis, valuation and peers

China · CNY·Health Care›Pharmaceuticals: Major
Momentum neutral 41
Mkt cap
$598M
US dollars, full cap
Free float
45%
of shares outstanding
$/day
$4.51M
20-day average traded
Fwd P/E
9.7×
forward earnings
ROIC−WACC
-1.5 pp
WACC 6.1%
Hurdle
-7 pp
Req g minus delivered
Next earnings
133 days
19 Mar 2027
Close · CNYCN¥12.93
1D-1.7%
1W+3.2%
1M-8.6%
3M-10.2%
6M-22.6%
YTD-28.5%
1Y-34.4%
ATR %2.8%
52w lowhigh36.5% off high

What Tianjin Lisheng Pharmaceutical does

Employees: 1,605

Tianjin Lisheng Pharmaceutical at a glance

Size Tianjin Lisheng Pharmaceutical (002393.SZ) is a China Health Care company (Pharmaceuticals: Major) with a market value of $598M, the 3427th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.93 on 6 Nov 2026.

Performance Over six months the shares fell 22.6%, against -21.4% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue fell 2.7% over the last twelve months (peer median +0.7%); the operating margin is 6.6% (peer median 4.3%).

Valuation It trades at 9.7× forward earnings against a peer median of 12.6× (3rd cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -7 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.5 points below its cost of capital (6.1% WACC).

Next results Next results expected around 19 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 78002393.SZ 77
Six months, rebased to 100: Tianjin Lisheng Pharmaceutical against the median of its 20 peers (local-currency closes).

Tianjin Lisheng Pharmaceutical financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.27BCN¥1.38BCN¥1.32BCN¥1.14BCN¥1.13B
Revenue growth—+4%+16%+1%—
Gross profitCN¥686MCN¥732MCN¥697MCN¥646MCN¥620M
EBITDAn/aCN¥173MCN¥148MCN¥180MCN¥124M
Net incomeCN¥124MCN¥416MCN¥185MCN¥362MCN¥93.6M
Free cash flowCN¥244MCN¥414MCN¥74.9MCN¥148MCN¥311M
Capital expenditureCN¥41.0MCN¥37.5MCN¥53.8MCN¥61.7MCN¥40.9M
Total debtCN¥46.0MCN¥174MCN¥113MCN¥63.0MCN¥66.1M

Quarterly statements and history in the cockpit →

Tianjin Lisheng Pharmaceutical competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%4105SUPRIYAACRS22560026880009191857503613INNOVACAP300584BCAXSENORES300485DBV600976OLMAOVID603222ORCHPHARMA002393.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Tianjin Lisheng Pharmaceutical is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×60×80×4105SUPRIYA0026881857503613INNOVACAPSENORES600976ORCHPHARMA002393.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tianjin Lisheng Pharmaceutical is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%4105SUPRIYA0026880009193613INNOVACAP300584600976002393.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Tianjin Lisheng Pharmaceutical is the large dot.

Tianjin Lisheng Pharmaceutical competitors and peer comparison

How Tianjin Lisheng Pharmaceutical compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tianjin Lisheng Pharmaceutical against its 20 peers (data as of 6 Nov 2026)
Measure002393.SZPeer medianRank in peer set
1-month return-8.6%-6.4%9th lowest of 21
6-month return-22.6%-21.4%9th lowest of 21
Distance from 52-week high-36.5%-35.8%10th lowest of 21
Revenue growth (TTM)-2.7%+0.7%8th lowest of 18
Operating margin6.6%4.3%8th highest of 18
Forward P/E9.7×12.6×3rd cheapest of 10
Growth the price implies (Req g, 7 yrs)-3.2%5.3%4th least demanding of 9
Growth delivered (Del g)+4.1%+7.7%3rd lowest of 9
Hurdle (Req g minus delivered)-7.3 pp-3.0 pp4th least demanding of 9
ROIC minus cost of capital-1.5 pp-1.4 pp9th highest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Tianjin Lisheng Pharmaceutical 002393.SZChina$598M-23%-3%7%9.7×-3.2%+4.1%
TTY Biopharm 4105.TWOTaiwan$596M+7%+5%33%10.9×-11.1%+8.8%
Supriya Lifescience SUPRIYA.NSIndia$593M-1%+28%30%23.6×27.9%+15.8%
Aclaris Therapeutics ACRSUnited States$604M-21%-51%-1,040%n/an/an/a
Abbisko Cayman 2256.HKHong Kong$589M-48%-83%-520%n/an/an/a
Jinhe Biotechnology 002688.SZChina$587M-22%+9%5%9.5×14.8%+9.7%
Jinling Pharmaceutical 000919.SZChina$586M-14%-8%1%n/a5.0%+5.0%
Chongkundang 185750.KSSouth Korea$611M-26%+7%4%12.6×n/an/a
Beijing Tong Ren Tang Chinese Medicine 3613.HKHong Kong$617M-22%-21%32%10.9×-14.3%+2.8%
Innova Captab INNOVACAP.NSIndia$618M+18%+34%12%30.4×25.4%+31.4%
Nanjing Hicin Pharmaceutical 300584.SZChina$573M-25%+32%17%n/a5.5%-1.1%
Bicara Therapeutics BCAXUnited States$572M-62%n/an/an/an/an/a
Zhong Zhu Healthcare 600568.SSChina$628M-21%-6%-34%n/an/an/a
Senores Pharmaceuticals SENORES.NSIndia$566M+25%+40%24%34.2×n/an/a
Beijing Science Sun Pharmaceutical 300485.SZChina$566M-28%-11%-8%n/an/an/a
DBV Technologies DBV.PAFrance$633M-47%n/an/an/an/an/a
JIANMIN PHARMACEUTICAL 600976.SSChina$638M-12%-2%8%7.1×-4.9%+6.5%
Olema Pharmaceuticals OLMAUnited States$641M-51%n/an/an/an/an/a
Ovid Therapeutics OVIDUnited States$557M+2%-76%-3,687%n/an/an/a
Chimin Health Management 603222.SSChina$553M-28%+1%-28%n/an/an/a
Orchid Pharma ORCHPHARMA.NSIndia$551M+27%+11%0%75.5×n/an/a

Questions

Which companies are Tianjin Lisheng Pharmaceutical's closest peers?
The cockpit's peer set: TTY Biopharm (4105.TWO), Supriya Lifescience (SUPRIYA.NS), Aclaris Therapeutics (ACRS), Abbisko Cayman (2256.HK), Jinhe Biotechnology (002688.SZ), Jinling Pharmaceutical (000919.SZ), Chongkundang (185750.KS), Beijing Tong Ren Tang Chinese Medicine (3613.HK).
Is Tianjin Lisheng Pharmaceutical expensive compared with its peers?
On forward p/e it trades at 9.7× against a peer median of 12.6×, 3rd cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -7 pp: the price already allows for a slowdown.
How has Tianjin Lisheng Pharmaceutical stock performed?
Over six months to 6 Nov 2026 the shares returned -22.6% against -21.4% for the median peer; over one year -34.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.