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← CockpitCompetitor Analysis › 6808.HK Sun Art Retail Group LimitedOpen in the cockpit ↗

Sun Art Retail Group Limited6808.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Consumer Discretionary›Specialty Stores

Operates RT-Mart, one of China's largest hypermarket chains selling groceries and general merchandise.

≈ A Chinese Walmart-style hypermarket operatorMomentum strong 65
Mkt cap
$1.37B
US dollars, full cap
Free float
16%
of shares outstanding
$/day
$1.21M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-12.0 pp
WACC 9.7%
Hurdle
+11 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · HKDHK$1.12
1D-0.4%
1W+1.8%
1M+10.8%
3M-1.3%
6M-24.0%
YTD-35.0%
1Y-41.7%
ATR %3.9%
52w lowhigh43.5% off high

What Sun Art Retail does

Operates RT-Mart, one of China's largest hypermarket chains selling groceries and general merchandise.

In one line: A Chinese Walmart-style hypermarket operator.

Products and services

  • RT-Mart hypermarkets
  • Online grocery/e-commerce integration

Customers

  • Mass-market grocery shoppers across China

Where it sits in the supply chain

  • Consumer staples/discretionary
  • Hypermarket retail
  • Grocery & general merchandise

What could go right

  • E-commerce integration driving traffic recovery

What could go wrong

  • Structural decline of hypermarket format vs e-commerce
  • Thin retail margins

Moat: narrow (scale, distribution). Large store network and supply-chain scale built over two decades of hypermarket operation.

Headquarters: Shanghai, China · Founded: 1997 · Employees: 78,391

Named competitors

Sun Art Retail at a glance

Size Sun Art Retail (6808.HK) is a Hong Kong Consumer Discretionary company (Specialty Stores) with a market value of $1.37B, the 513th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.12 on 6 Nov 2026.

Performance Over six months the shares fell 24.0%, against +4.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 9.7% over the last twelve months (peer median +8.0%); the operating margin is -0.5% (peer median 7.1%).

Valuation It trades at 0.1× enterprise value to sales against a peer median of 0.9× (cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is -9%, so the hurdle is +11 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 12.0 points below its cost of capital (9.7% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 1026808.HK 75
Six months, rebased to 100: Sun Art Retail against the median of its 20 peers (local-currency closes).

Sun Art Retail financials

Reported figures in HKD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$69.8BHK$69.7BHK$77.2BHK$79.2BHK$95.7B
Revenue growth—-10%-3%-17%—
Gross profitHK$13.7BHK$13.7BHK$15.3BHK$15.9BHK$19.4B
EBITDAHK$2.81BHK$2.81BHK$3.82BHK$2.60BHK$4.41B
Net income-HK$352M-HK$350MHK$437M-HK$1.75BHK$125M
Free cash flowHK$293MHK$289MHK$1.32BHK$1.78BHK$4.98B
Capital expenditureHK$606MHK$599MHK$1.08BHK$1.42BHK$1.68B
Total debtn/aHK$8.54BHK$7.86BHK$9.07BHK$8.81B

Quarterly statements and history in the cockpit →

Sun Art Retail 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

-20%0%+20%+40%0%+20%BILI-A8133EYELNF257720RUSTA0028183186PETS301078SVV0590HONASAHZO600335BLUESTONE96900116APOTEASBH6808.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Sun Art Retail is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×2×4×6×BILI-A8133EYELNF257720RUSTA0028183186SVV0590HONASAHZO600335BLUESTONE969001166808.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sun Art Retail is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%BILI-A8133EYELNF2577203186PETSSVVHONASA60033596906808.HKGrowth 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. Sun Art Retail is the large dot.

Sun Art Retail competitors and peer comparison

Head to head with its named competitors (6808.HK vs WMT vs 601933.SS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Sun Art Retail 6808.HK$1.37B-24%-10%0%0.1×1.6%
Walmart WMT$996B-4%+6%4%1.4×14.7%
Yonghui Superstores 601933.SS$3.76B-23%-16%-3%0.7×n/a

How Sun Art Retail 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.

Sun Art Retail against its 20 peers (data as of 6 Nov 2026)
Measure6808.HKPeer medianRank in peer set
1-month return+10.8%-0.1%5th highest of 21
6-month return-24.0%+4.6%4th lowest of 21
Distance from 52-week high-43.5%-21.7%3rd lowest of 21
Revenue growth (TTM)-9.7%+8.0%3rd lowest of 21
Operating margin-0.5%7.1%lowest of 21
EV / Sales0.1×0.9×cheapest of 21
Growth the price implies (Req g, 7 yrs)1.6%-0.3%7th most demanding of 17
Growth delivered (Del g)-9.4%+5.6%lowest of 17
Hurdle (Req g minus delivered)+11.0 pp-4.8 pp2nd most demanding of 17
ROIC minus cost of capital-12.0 pp+3.4 pplowest of 20
Net debt / EBITDA-2.6×1.8×2nd least indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Sun Art Retail 6808.HKHong Kong$1.37B-24%-10%0%0.1×1.6%-9.4%
Bilia BILI-A.STSweden$1.37B+9%+1%3%0.5×0.9%+6.0%
Itochu Enex 8133.TJapan$1.41B+3%+2%3%0.3×-7.1%+2.9%
National Vision EYEUnited States$1.42B-22%+8%4%1.0×15.6%+3.0%
Leon's Furniture LNF.TOCanada$1.43B+16%0%8%0.8×-3.3%+3.0%
SILICON 2 257720.KSSouth Korea$1.30B-39%+55%19%1.3×-14.8%+62.2%
Rusta RUSTA.STSweden$1.28B-17%+8%8%1.3×2.5%+7.3%
Chengdu Fusen Noble-House Industrial 002818.SZChina$1.26B-8%-22%42%6.4×-2.7%-1.0%
Nextage 3186.TJapan$1.25B-26%+24%4%0.4×-0.1%+22.0%
Pets At Home PETS.LUnited Kingdom$1.51B+48%-1%7%1.0×9.2%+5.2%
Kidswant Digital Technology 301078.SZChina$1.24B-25%+5%5%0.9×-0.6%+4.2%
Savers Value Village SVVUnited States$1.52B+22%+10%8%1.6×12.9%+15.0%
Luk Fook Holdings (International) 0590.HKHong Kong$1.58B-9%+29%20%0.8×n/an/a
Honasa Consumer HONASA.NSIndia$1.61B+32%+21%10%6.0×42.5%+39.1%
MarineMax HZOUnited States$1.16B+21%-6%2%1.0×n/an/a
Sinomach Automobile 600335.SSChina$1.16B-14%-11%2%0.3×-10.9%-4.2%
Bluestone Jewellery and Lifestyle BLUESTONE.NSIndia$1.15B+41%+38%9%4.4×n/an/a
TUHU Car 9690.HKHong Kong$1.14B-13%+16%0%0.2×-17.8%+12.7%
Chow Sang Sang Holdings International 0116.HKHong Kong$1.13B+7%+16%20%0.6×n/an/a
Apotea APOTEA.STSweden$1.11B+42%+9%4%1.5×7.9%+9.4%
Sally Beauty SBHUnited States$1.71B+31%+1%9%0.8×-2.6%+1.0%

Questions

Who are Sun Art Retail's main competitors?
Named competitors: Walmart China (WMT), China Resources Vanguard (private or unlisted), Yonghui Superstores (601933.SS). The cockpit's measured peer set (industry) also includes Bilia (BILI-A.ST), Itochu Enex (8133.T), National Vision (EYE), Leon's Furniture (LNF.TO), SILICON 2 (257720.KS), Rusta (RUSTA.ST).
Is Sun Art Retail expensive compared with its peers?
On ev / sales it trades at 0.1× against a peer median of 0.9×, cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is -9%, so the hurdle is +11 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Sun Art Retail stock performed?
Over six months to 6 Nov 2026 the shares returned -24.0% against +4.6% for the median peer; over one year -41.7%.

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.