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← CockpitCompetitor Analysis › 6938.HK Suzhou Ribo Life Science Co. Ltd. Class HOpen in the cockpit ↗

Suzhou Ribo Life Science Co. Ltd. Class H6938.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Health Care›Pharmaceuticals: Generic

Chinese biotech developing siRNA (RNA-interference) drugs for cardiovascular, metabolic, renal and liver diseases.

≈ A Chinese Alnylam Pharmaceuticals (siRNA drug pioneer)Momentum weak 26
Mkt cap
$939M
US dollars, full cap
Free float
37%
of shares outstanding
$/day
$1.59M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-106.8 pp
WACC 9.5%
Hurdle
n/a
no reverse DCF
Next earnings
139 days
25 Mar 2027
Close · HKDHK$43.18
1D-2.5%
1W+3.2%
1M-19.4%
3M-17.4%
6M-29.2%
YTDn/a
1Yn/a
ATR %8.6%
52w lowhigh54.9% off high

What Suzhou Ribo Life Science does

Chinese biotech developing siRNA (RNA-interference) drugs for cardiovascular, metabolic, renal and liver diseases.

Develops rather than sells drugs, so it depends on raising capital and on partner payments to fund trials. Its GalNAc technology attaches a sugar group that guides the drug to liver cells, which is why siRNA drugs from this approach mostly target liver-related conditions.

In one line: A Chinese Alnylam Pharmaceuticals (siRNA drug pioneer).

Products and services

  • siRNA drug pipeline (cardiometabolic)
  • GalNAc liver-targeting delivery tech

Customers

  • Licensing/pharma partners
  • Hospitals (post-approval)

Where it sits in the supply chain

  • Biotechnology
  • RNA interference (RNAi) therapeutics
  • Clinical-stage drug development

What could go right

  • Licensing deals with global pharma
  • New RNAi approvals

What could go wrong

  • Clinical-trial failure risk
  • Pre-revenue cash burn

Moat: narrow (IP / patents, process know-how). Proprietary GalNAc delivery and RNAi chemistry platform built since 2007.

Headquarters: Kunshan, China · Founded: 2007 · Employees: 407

Named competitors

Suzhou Ribo Life Science at a glance

Size Suzhou Ribo Life Science (6938.HK) is a Hong Kong Health Care company (Pharmaceuticals: Generic) with a market value of $939M, the 607th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$43.18 on 6 Nov 2026.

Performance Over six months the shares fell 29.2%, against -11.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 6 in its peer set.

Growth Revenue grew 4.2% over the last twelve months (peer median -6.2%); the operating margin is -187.4% (peer median -16.8%).

Valuation It trades at 34.1× enterprise value to sales against a peer median of 21.8× (3rd most expensive of 6).

Capital Return on invested capital runs 106.8 points below its cost of capital (9.5% WACC).

Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 886938.HK 71
Six months, rebased to 100: Suzhou Ribo Life Science against the median of its 5 peers (local-currency closes).

Suzhou Ribo Life Science financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/aHK$161MHK$155MHK$48,620
Revenue growth—+4%+317,958%—
Gross profitn/aHK$99.6MHK$96.0M-HK$56.5M
EBITDAn/a-HK$250M-HK$228M-HK$410M
Net incomen/a-HK$302M-HK$293M-HK$473M
Free cash flown/a-HK$331M-HK$105M-HK$369M
Capital expendituren/aHK$10.7MHK$22.5MHK$28.3M
Total debtn/aHK$613MHK$456MHK$457M

Quarterly statements and history in the cockpit →

Suzhou Ribo Life Science 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

-50%0%+50%-20%0%0025892630301075NEU6038966938.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Suzhou Ribo Life Science is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%+600%+800%0×50×100×0025892630301075NEU6038966938.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Suzhou Ribo Life Science is the large dot.

Suzhou Ribo Life Science competitors and peer comparison

Head to head with its named competitors (6938.HK vs ALNY vs ARWR)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Suzhou Ribo Life Science 6938.HK$939M-29%+4%-187%34.1×n/a
Alnylam Pharmaceuticals ALNY$20.9B-47%+56%20%4.0×0.9%
Arrowhead Pharmaceuticals ARWR$8.22B-20%+17%-34%11.9×n/a

How Suzhou Ribo Life Science 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.

Suzhou Ribo Life Science against its 5 peers (data as of 6 Nov 2026)
Measure6938.HKPeer medianRank in peer set
1-month return-19.4%-12.7%2nd lowest of 6
6-month return-29.2%-11.3%2nd lowest of 6
Distance from 52-week high-54.9%-40.3%lowest of 6
Revenue growth (TTM)+4.2%-6.2%2nd highest of 6
Operating margin-187.4%-16.8%2nd lowest of 5
EV / Sales34.1×21.8×3rd most expensive of 6
ROIC minus cost of capital-106.8 pp-7.3 pplowest of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Suzhou Ribo Life Science 6938.HKHong Kong$939M-29%+4%-187%34.1×n/an/a
Realcan Pharmaceutical 002589.SZChina$628M-11%-4%0%1.0×17.7%-23.1%
Vigonvita Life Sciences 2630.HKHong Kong$1.48B-11%+763%-327%109.3×n/an/a
Tibet Duo Rui Pharmaceutical 301075.SZChina$552M-45%-6%-34%21.8×n/an/a
Neuren Pharmaceuticals NEU.AXAustralia$2.04B+83%-68%20%38.3×n/an/a
Zhejiang Shouxiangu Pharmaceutical 603896.SSChina$398M-22%-10%n/a3.9×n/an/a

Questions

Who are Suzhou Ribo Life Science's main competitors?
Named competitors: Alnylam Pharmaceuticals (ALNY), Arrowhead Pharmaceuticals (ARWR), Sirnaomics (private or unlisted). The cockpit's measured peer set (industry) also includes Realcan Pharmaceutical (002589.SZ), Vigonvita Life Sciences (2630.HK), Tibet Duo Rui Pharmaceutical (301075.SZ), Neuren Pharmaceuticals (NEU.AX), Zhejiang Shouxiangu Pharmaceutical (603896.SS).
Is Suzhou Ribo Life Science expensive compared with its peers?
On ev / sales it trades at 34.1× against a peer median of 21.8×, 3rd most expensive of 6 in its peer set.
How has Suzhou Ribo Life Science stock performed?
Over six months to 6 Nov 2026 the shares returned -29.2% against -11.3% for the median peer.

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.