3933.HK vs. 1093.HK

Last updated Jun 5, 2026

3933.HK (United Laboratories International Holdings Ltd) and 1093.HK (CSPC Pharmaceutical Group Ltd) are both stocks. Both are in the Healthcare sector — 3933.HK in Drug Manufacturers - Specialty & Generic, 1093.HK in Drug Manufacturers - General. Over the past 10 years, 3933.HK returned 12.87%/yr vs 2.10%/yr for 1093.HK. At a 0.38 correlation, their price movements are largely independent.

Performance

3933.HK vs. 1093.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in United Laboratories International Holdings Ltd (3933.HK) and CSPC Pharmaceutical Group Ltd (1093.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 3933.HK achieves a -25.28% return, which is significantly lower than 1093.HK's -14.12% return. Over the past 10 years, 3933.HK has outperformed 1093.HK with an annualized return of 12.87%, while 1093.HK has yielded a comparatively lower 2.10% annualized return.

3933.HK

• 1D: -2.15%
• 1M: -10.26%
• YTD: -25.28%
• 6M: -32.97%
• 1Y: -40.61%
• 3Y*: 11.11%
• 5Y*: 7.83%
• 10Y*: 12.87%

1093.HK

• 1D: -0.14%
• 1M: -12.14%
• YTD: -14.12%
• 6M: -6.10%
• 1Y: -6.48%
• 3Y*: 5.88%
• 5Y*: -6.90%
• 10Y*: 2.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

3933.HK vs. 1093.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3933.HK United Laboratories International Holdings Ltd	-25.28%	-4.30%	88.72%	47.09%	14.72%	-18.76%	-2.09%	38.92%	-34.03%	20.27%
1093.HK CSPC Pharmaceutical Group Ltd	-14.12%	81.38%	-30.97%	-7.80%	-0.70%	8.57%	-56.88%	65.60%	-28.16%	91.65%

Correlation

The correlation between 3933.HK and 1093.HK is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 18, 2007	0.38

The correlation between 3933.HK and 1093.HK shifts across timeframes, from 0.38 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

3933.HK vs. 1093.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

3933.HK

3933.HK Risk / Return Rank: 7
3933.HK Sharpe Ratio Rank: 5
3933.HK Sortino Ratio Rank: 6
3933.HK Omega Ratio Rank: 8
3933.HK Calmar Ratio Rank: 9
3933.HK Martin Ratio Rank: 6

1093.HK

1093.HK Risk / Return Rank: 34
1093.HK Sharpe Ratio Rank: 34
1093.HK Sortino Ratio Rank: 33
1093.HK Omega Ratio Rank: 33
1093.HK Calmar Ratio Rank: 34
1093.HK Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

3933.HK vs. 1093.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United Laboratories International Holdings Ltd (3933.HK) and CSPC Pharmaceutical Group Ltd (1093.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	3933.HK	1093.HK	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	-0.17	-0.83
Sortino ratio: Return per unit of downside risk	-1.48	0.12	-1.60
Omega ratio: Gain probability vs. loss probability	0.83	1.01	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.85	-0.23	-0.61
Martin ratio: Return relative to average drawdown	-1.50	-0.43	-1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3933.HK vs. 1093.HK - Sharpe Ratio Comparison

The current 3933.HK Sharpe Ratio is -1.00, which is lower than the 1093.HK Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of 3933.HK and 1093.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	3933.HK	1093.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	-0.17	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	-0.16	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.05	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.16	-0.02

Drawdowns

3933.HK vs. 1093.HK - Drawdown Comparison

The maximum 3933.HK drawdown since its inception was -83.09%, roughly equal to the maximum 1093.HK drawdown of -80.66%. Use the drawdown chart below to compare losses from any high point for 3933.HK and 1093.HK.

Drawdown Indicators

	3933.HK	1093.HK	Difference
Max Drawdown Largest peak-to-trough decline	-83.09%	-80.66%	-2.43%
Max Drawdown (1Y) Largest decline over 1 year	-51.69%	-38.44%	-13.25%
Max Drawdown (3Y) Largest decline over 3 years	-51.69%	-38.44%	-13.25%
Max Drawdown (5Y) Largest decline over 5 years	-51.69%	-60.67%	+8.98%
Max Drawdown (10Y) Largest decline over 10 years	-63.79%	-80.66%	+16.87%
Current Drawdown Current decline from peak	-50.73%	-66.83%	+16.10%
Average Drawdown Average peak-to-trough decline	-53.81%	-39.78%	-14.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.77%	20.57%	+8.20%

Volatility

3933.HK vs. 1093.HK - Volatility Comparison

The current volatility for United Laboratories International Holdings Ltd (3933.HK) is 9.44%, while CSPC Pharmaceutical Group Ltd (1093.HK) has a volatility of 12.68%. This indicates that 3933.HK experiences smaller price fluctuations and is considered to be less risky than 1093.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3933.HK	1093.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.44%	12.68%	-3.24%
Volatility (6M) Calculated over the trailing 6-month period	29.75%	35.19%	-5.44%
Volatility (1Y) Calculated over the trailing 1-year period	43.70%	52.32%	-8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.67%	44.73%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.78%	44.44%	+0.34%

Dividends

3933.HK vs. 1093.HK - Dividend Comparison

3933.HK's dividend yield for the trailing twelve months is around 3.54%, more than 1093.HK's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1093.HK CSPC Pharmaceutical Group Ltd	1.93%	2.85%	6.28%	3.44%	2.44%	2.01%	2.36%	0.50%	0.69%	0.40%	0.69%	0.66%
3933.HK United Laboratories International Holdings Ltd	3.54%	2.64%	4.76%	2.80%	1.63%	3.32%	1.39%	1.20%	1.47%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both 3933.HK and 1093.HK in my portfolio?

3933.HK and 1093.HK have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.