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Pharming Group vs Sinovac Biotech

Pharming Group and Sinovac Biotech are similar in size: $376m and $386m of revenue in their latest fiscal years. Pharming Group grew faster (26.6% against 6.8%). Pharming Group kept more of each dollar of sales as profit: a net margin of 0.8% against -15.5%. Sinovac Biotech carries less debt relative to equity (11.1% against 35.4%).

Latest fiscal yearPharming GroupPHAR, 2025Sinovac BiotechSVA, 2025
Revenue $376m $386m
Revenue growth 26.6% 6.8%
Net income $2.9m −$59.7m
Operating margin 6.9% -127.0%
Net margin 0.8% -15.5%
Return on equity 1.1% -0.9%
Free cash flow $54.0m −$561m
Cash $145m $488m
Total debt $98.1m $495m
Debt to equity 35.4% 11.1%
Dividend per share — —
Dividend yield — 760.2%
Share buybacks — —
Employees — —
Market value $898m $465m
Price vs our value range Above our value range —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.