What Sinopharm Does & How It Makes Money (1099.HK)
Updated October 2026 · reflects Sinopharm's latest reported financials
China's large-scale wholesaler and retailer of medicines and medical devices. It earns most of its revenue from the margin on distributing pharmaceuticals and medical devices, plus fees for logistics, installation, maintenance and other value-added services.
How Sinopharm makes money
It earns most of its revenue from the margin on distributing pharmaceuticals and medical devices, plus fees for logistics, installation, maintenance and other value-added services. It also makes money from retail drugstore sales and franchising, and from selling reagents, lab supplies and manufactured drugs.
What Sinopharm does
Sinopharm Group, founded in 2003 and headquartered in Shanghai, is a pharmaceutical and healthcare distributor in China and a subsidiary of Sinopharm Industrial Investment. Its core Pharmaceutical Distribution segment supplies drugs to hospitals, other distributors, retail pharmacies and clinics. It also provides logistics and other value-added services to domestic and international drug makers and suppliers. Beyond drugs, the company distributes medical devices and provides installation and maintenance services. It also operates and franchises a retail drugstore network. Its Other Business segment covers laboratory supplies, chemical reagent manufacturing and distribution, and pharmaceutical production, along with smaller consulting, IT, property and import-export activities.
Products & services
- Pharmaceutical distribution to hospitals and pharmacies
- Medical device distribution, installation and maintenance
- Retail and franchised drugstore network
- Pharmaceutical logistics and value-added services for manufacturers
- Laboratory supplies and chemical reagents
- Chinese herbal medicines, antibiotics and biological products distribution
What is Sinopharm worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See Sinopharm on TacticScale →
Related companies
China National Medicines (600511.SS) · China National Accord Medicines (000028.SZ) · Shanghai Pharmaceuticals (601607.SS)
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