Sunshine Lake Pharma Co (HKSE:06887) Piotroski F-Score: 7 (As of Aug. 21, 2026) — 40% Above Median

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HKSE:06887 Sunshine Lake Pharma Co Ltd HKSE:06887
15 GF Score
Price HK$38.00
! 2 Warning Signs
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What is Sunshine Lake Pharma Co Piotroski F-Score?

Sunshine Lake Pharma Co HKSE:06887 +1.66% 15 Piotroski F-Score is 7 as of Aug. 21, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates HKSE:06887 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 981 Drug Manufacturers companies, Sunshine Lake Pharma Co ranks better than 91.74% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sunshine Lake Pharma Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Sunshine Lake Pharma Co's Piotroski F-Score or its related term are showing as below:

HKSE:06887' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of Sunshine Lake Pharma Co was 7. The lowest was 3. And the median was 5.

Sunshine Lake Pharma Co  (HKSE:06887) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Sunshine Lake Pharma Co Piotroski F-Score Related Terms


Sunshine Lake Pharma Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sunshine Lake Pharma Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunshine Lake Pharma Co Piotroski F-Score Chart

Sunshine Lake Pharma Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 7.00

Sunshine Lake Pharma Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 3.00 0.00 7.00

HKSE:06887 vs ZTS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Sunshine Lake Pharma Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunshine Lake Pharma Co Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sunshine Lake Pharma Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sunshine Lake Pharma Co's Piotroski F-Score falls into.


HKSE:06887
15GF Score
Sunshine Lake Pharma Co Ltd HKSE:06887
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was HK$301 Mil.
Cash Flow from Operations was HK$1,276 Mil.
Revenue was HK$5,319 Mil.
Gross Profit was HK$4,071 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (12738.944 + 13248.68) / 2 = HK$12993.812 Mil.
Total Assets at the begining of this year (Dec24) was HK$12,739 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1,585 Mil.
Total Current Assets was HK$5,138 Mil.
Total Current Liabilities was HK$6,670 Mil.
Net Income was HK$-221 Mil.

Revenue was HK$4,291 Mil.
Gross Profit was HK$3,266 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (13845.161 + 12738.944) / 2 = HK$13292.0525 Mil.
Total Assets at the begining of last year (Dec23) was HK$13,845 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2,548 Mil.
Total Current Assets was HK$5,316 Mil.
Total Current Liabilities was HK$5,140 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sunshine Lake Pharma Co's current Net Income (TTM) was 301. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sunshine Lake Pharma Co's current Cash Flow from Operations (TTM) was 1,276. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=300.974/12738.944
=0.02362629

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-221.471/13845.161
=-0.01599627

Sunshine Lake Pharma Co's return on assets of this year was 0.02362629. Sunshine Lake Pharma Co's return on assets of last year was -0.01599627. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Sunshine Lake Pharma Co's current Net Income (TTM) was 301. Sunshine Lake Pharma Co's current Cash Flow from Operations (TTM) was 1,276. ==> 1,276 > 301 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1585.204/12993.812
=0.12199684

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2548.329/13292.0525
=0.19171825

Sunshine Lake Pharma Co's gearing of this year was 0.12199684. Sunshine Lake Pharma Co's gearing of last year was 0.19171825. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=5137.711/6670.165
=0.77025246

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=5315.683/5140.041
=1.03417132

Sunshine Lake Pharma Co's current ratio of this year was 0.77025246. Sunshine Lake Pharma Co's current ratio of last year was 1.03417132. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Sunshine Lake Pharma Co's number of shares in issue this year was 495.349. Sunshine Lake Pharma Co's number of shares in issue last year was 455.75. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=4071.348/5319.323
=0.76538838

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3265.615/4290.873
=0.76106074

Sunshine Lake Pharma Co's gross margin of this year was 0.76538838. Sunshine Lake Pharma Co's gross margin of last year was 0.76106074. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=5319.323/12738.944
=0.41756389

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=4290.873/13845.161
=0.30991861

Sunshine Lake Pharma Co's asset turnover of this year was 0.41756389. Sunshine Lake Pharma Co's asset turnover of last year was 0.30991861. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sunshine Lake Pharma Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Sunshine Lake Pharma Co (HKSE:06887) has a Piotroski F-Score of 7 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sunshine Lake Pharma Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Sunshine Lake Pharma Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Sunshine Lake Pharma Co ranks #81 out of 981 companies in the Drug Manufacturers industry, placing it in the top 8.3%.
Is Sunshine Lake Pharma Co's Piotroski F-Score too high?
Sunshine Lake Pharma Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Sunshine Lake Pharma Co's value of 7 is 40% above this industry median. Based on the distribution chart, Sunshine Lake Pharma Co ranks #81 out of 981 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Sunshine Lake Pharma Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Sunshine Lake Pharma Co's Piotroski F-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Sunshine Lake Pharma Co ranks #81 out of 981 companies for Piotroski F-Score. This places Sunshine Lake Pharma Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sunshine Lake Pharma Co's value of 7 is 40% above this benchmark. Historically, Sunshine Lake Pharma Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Sunshine Lake Pharma Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunshine Lake Pharma Co's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sunshine Lake Pharma Co and its competitors. For the Drug Manufacturers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Lake Pharma Co's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Lake Pharma Co stock overvalued right now?
Sunshine Lake Pharma Co (HKSE:06887) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Drug Manufacturers industry median of 5.00. Sunshine Lake Pharma Co's overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Sunshine Lake Pharma Co (HKSE:06887), the current Piotroski F-Score is 7 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunshine Lake Pharma Co Business Description

Address No. 368 Zhen An Zhong Road, HEC Scientific Park, Chang’an County, Guangdong Province, Dongguan, CHN
Sunshine Lake Pharma Co Ltd is a vertically integrated pharmaceutical company principally engaged in the research and development, manufacturing and sales of pharmaceuticals. It is focused on therapeutic areas of infectious diseases, chronic diseases and oncology. The company's revenue is mainly derived from sales of pharmaceutical products to distributors in the PRC.
15GF Score

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