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← CockpitCompetitor Analysis › 6887.HK Sunshine Lake Pharma Co., Ltd. Class HOpen in the cockpit ↗

Sunshine Lake Pharma Co., Ltd. Class H6887.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Health Care›Biotechnology

Dongguan drugmaker of anti-infective and chronic-disease medicines, best known for the Kewei oseltamivir flu drug; HEC Group affiliate.

Momentum strong 75
Mkt cap
$2.85B
US dollars, full cap
Free float
50%
of shares outstanding
$/day
$1.13M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.2 pp
WACC 5.2%
Hurdle
n/a
no reverse DCF
Close · HKDHK$38.80
1D-1.7%
1W-2.8%
1M-5.6%
3M+9.4%
6M-9.1%
YTD-14.9%
1Y-16.4%
ATR %4.1%
52w lowhigh24.9% off high

What Sunshine Lake Pharma does

Dongguan drugmaker of anti-infective and chronic-disease medicines, best known for the Kewei oseltamivir flu drug; HEC Group affiliate.

Develops and makes its own drugs and sells them to Chinese hospitals and pharmacies, so a few products carry the business, above all the Kewei flu medicine, whose sales rise and fall with flu seasons. It is vertically integrated, tied to the HEC Group of Dongguan, and listed in Hong Kong in 2025.

Products and services

  • Kewei (oseltamivir) influenza drug
  • Dongweien (emitasvir) hepatitis C drug
  • Generic antibiotics (clarithromycin, levofloxacin, moxifloxa
  • Chronic-disease and oncology drugs

Customers

  • Hospitals in China
  • Pharmacies and drug distributors

Where it sits in the supply chain

  • Pharmaceuticals
  • Vertically integrated drug maker
  • Anti-infective and chronic-disease…

What could go right

  • Demand for flu treatments
  • New drugs from in-house R&D

What could go wrong

  • China's centralized drug procurement price cuts
  • Dependence on one flu drug

Moat: narrow (IP / patents, regulatory licence). Exclusive patented Kewei granule form and drug approvals, but flu-season dependence and China's volume-based procurement pricing limit it.

Headquarters: Dongguan, China · Employees: 6,353

Named competitors

Sunshine Lake Pharma at a glance

Size Sunshine Lake Pharma (6887.HK) is a Hong Kong Health Care company (Biotechnology) with a market value of $2.85B, the 348th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$38.80 on 6 Nov 2026.

Performance Over six months the shares fell 9.1%, against -5.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 20 in its peer set.

Growth Revenue grew 20.2% over the last twelve months (peer median +3.9%); the operating margin is -2.6% (peer median -25.4%).

Valuation It trades at 6.1× enterprise value to sales against a peer median of 13.7× (7th cheapest of 19).

Capital Return on invested capital runs 6.2 points below its cost of capital (5.2% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 926887.HK 92
Six months, rebased to 100: Sunshine Lake Pharma against the median of its 20 peers (local-currency closes).

Sunshine Lake Pharma financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$4.38BHK$5.22BHK$4.36BHK$7.06BHK$4.43B
Revenue growth—+20%-38%+59%—
Gross profitHK$3.09BHK$4.00BHK$3.15BHK$5.50BHK$3.15B
EBITDAHK$420MHK$1.08BHK$769MHK$2.88BHK$1.05B
Net income-HK$339MHK$295M-HK$225MHK$204M-HK$1.41B
Free cash flow-HK$109MHK$147M-HK$659MHK$846MHK$298M
Capital expenditureHK$314MHK$1.01BHK$1.33BHK$591MHK$1.18B
Total debtn/aHK$5.35BHK$5.49BHK$6.12BHK$7.35B

Quarterly statements and history in the cockpit →

Sunshine Lake Pharma 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

0%+100%-25%0%+25%+50%ADMARUBICON9688BAVAXERS688278BEAM3001426919300255028300XNCRRCUSPVLADNLIMBX0020076887.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Sunshine Lake Pharma is the large dot.

Fundamentals: revenue growth against valuation

0%+100%0×2,000×4,000×6,000×ADMARUBICON9688XERSBEAM3001426919XNCRRCUS6887.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sunshine Lake Pharma is the large dot.

Sunshine Lake Pharma competitors and peer comparison

Head to head with its named competitors (6887.HK vs 1093.HK vs 3692.HK vs 2096.HK)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Sunshine Lake Pharma 6887.HK$2.85B-9%+20%-3%6.1×n/a
Cspc Pharma 1093.HK$12.4B+5%+25%28%2.2×-10.3%
Hansoh Pharma 3692.HK$26.9B-7%+25%38%9.7×8.9%
Simcere Pharmaceutical 2096.HK$3.63B-7%+27%18%2.7×-2.8%

How Sunshine Lake Pharma 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.

Sunshine Lake Pharma against its 20 peers (data as of 6 Nov 2026)
Measure6887.HKPeer medianRank in peer set
1-month return-5.6%-7.3%10th highest of 21
6-month return-9.1%-5.8%10th lowest of 20
Distance from 52-week high-24.9%-30.1%7th highest of 21
Revenue growth (TTM)+20.2%+3.9%6th highest of 18
Operating margin-2.6%-25.4%9th highest of 18
EV / Sales6.1×13.7×7th cheapest of 19
ROIC minus cost of capital-6.2 pp-9.4 pp8th highest of 16
EV / EBITDA64.0×36.3×most expensive of 5
Net debt / EBITDA10.7×0.3×most indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Sunshine Lake Pharma 6887.HKHong Kong$2.85B-9%+20%-3%6.1×n/an/a
ADMA Biologics ADMAUnited States$2.85B+56%+8%42%5.7×-0.8%+64.6%
Rubicon Research RUBICON.NSIndia$2.91B+74%+37%21%14.2×n/an/a
Zai Lab 9688.HKHong Kong$2.92B+13%+5%-59%5.5×n/an/a
Bavarian Nordic A/S BAVA.CODenmark$2.93B+27%-3%16%2.8×-2.0%+27.4%
Xeris Biopharma XERSUnited States$2.77B+133%+36%11%8.8×33.3%+70.2%
Xiamen Amoytop Biotech 688278.SSChina$2.76B-23%+18%27%4.7×0.5%+36.0%
Beam Therapeutics BEAMUnited States$2.73B-18%+163%-268%13.2×n/an/a
Walvax Biotechnology 300142.SZChina$2.71B-12%-23%5%10.3×31.3%-3.8%
Caliway Biopharmaceuticals 6919.TWTaiwan$3.01B-37%-54%-6,983%6,237.3×n/an/a
Hebei Changshan Biochemical Pharmaceutical 300255.SZChina$2.68B-52%0%-25%21.9×n/an/a
HLB 028300.KSSouth Korea$3.06B-49%+29%-96%45.9×n/an/a
Xencor XNCRUnited States$2.66B+178%-29%-206%22.6×n/an/a
Arcus Biosciences RCUSUnited States$2.59B-28%-55%-415%17.1×n/an/a
Evopoint Biosciences 688837.SSChina$2.58Bn/an/an/a67.9×n/an/a
Palvella Therapeutics PVLAUnited States$2.53B+45%-100%n/an/an/an/a
Denali Therapeutics DNLIUnited States$3.22B+2%n/a-2,488%128.0×n/an/a
Telix Pharmaceuticals TLX.AXAustralia$3.22B-6%+27%-1%3.9×n/an/a
MBX Biosciences MBXUnited States$2.47B+25%n/an/an/an/an/a
XtalPi 2228.HKHong Kong$3.35B-34%+4%-127%26.3×n/an/a
Hualan Biological Engineering 002007.SZChina$3.37B-15%-11%17%5.6×16.7%-1.8%

Questions

Who are Sunshine Lake Pharma's main competitors?
Named competitors: CSPC Pharmaceutical Group (1093.HK), Hansoh Pharmaceutical (3692.HK), Simcere Pharmaceutical (2096.HK). The cockpit's measured peer set (industry) also includes ADMA Biologics (ADMA), Rubicon Research (RUBICON.NS), Zai Lab (9688.HK), Bavarian Nordic A/S (BAVA.CO), Xeris Biopharma (XERS), Xiamen Amoytop Biotech (688278.SS).
Is Sunshine Lake Pharma expensive compared with its peers?
On ev / sales it trades at 6.1× against a peer median of 13.7×, 7th cheapest of 19 in its peer set.
How has Sunshine Lake Pharma stock performed?
Over six months to 6 Nov 2026 the shares returned -9.1% against -5.8% for the median peer; over one year -16.4%.

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.