Starlake Bioscience Co Inc Zhaoqing Guangdong (600866) - Net Assets
Based on the latest financial reports, Starlake Bioscience Co Inc Zhaoqing Guangdong (600866) has net assets worth CN¥8.50 Billion CNY (≈ $1.24 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.27 Billion ≈ $2.53 Billion USD) and total liabilities (CN¥8.77 Billion ≈ $1.28 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 600866 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.50 Billion |
| % of Total Assets | 49.21% |
| Annual Growth Rate | 13.74% |
| 5-Year Change | 381.21% |
| 10-Year Change | 666.27% |
| Growth Volatility | 55.78 |
Starlake Bioscience Co Inc Zhaoqing Guangdong - Net Assets Trend (1994–2024)
This chart illustrates how Starlake Bioscience Co Inc Zhaoqing Guangdong's net assets have evolved over time, based on quarterly financial data. Also explore Starlake Bioscience Co Inc Zhaoqing Guan (600866) total assets for the complete picture of this company's asset base.
Annual Net Assets for Starlake Bioscience Co Inc Zhaoqing Guangdong (1994–2024)
The table below shows the annual net assets of Starlake Bioscience Co Inc Zhaoqing Guangdong from 1994 to 2024. For live valuation and market cap data, see market cap of Starlake Bioscience Co Inc Zhaoqing Guan.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.03 Billion ≈ $1.18 Billion |
+4.86% |
| 2023-12-31 | CN¥7.66 Billion ≈ $1.12 Billion |
+10.54% |
| 2022-12-31 | CN¥6.93 Billion ≈ $1.01 Billion |
+290.24% |
| 2021-12-31 | CN¥1.78 Billion ≈ $259.83 Million |
+6.39% |
| 2020-12-31 | CN¥1.67 Billion ≈ $244.23 Million |
+9.78% |
| 2019-12-31 | CN¥1.52 Billion ≈ $222.47 Million |
+58.96% |
| 2018-12-31 | CN¥956.42 Million ≈ $139.95 Million |
+4.63% |
| 2017-12-31 | CN¥914.14 Million ≈ $133.77 Million |
-14.76% |
| 2016-12-31 | CN¥1.07 Billion ≈ $156.93 Million |
+2.32% |
| 2015-12-31 | CN¥1.05 Billion ≈ $153.37 Million |
-28.61% |
| 2014-12-31 | CN¥1.47 Billion ≈ $214.84 Million |
+0.19% |
| 2013-12-31 | CN¥1.47 Billion ≈ $214.44 Million |
-10.35% |
| 2012-12-31 | CN¥1.63 Billion ≈ $239.18 Million |
-9.30% |
| 2011-12-31 | CN¥1.80 Billion ≈ $263.72 Million |
+12.00% |
| 2010-12-31 | CN¥1.61 Billion ≈ $235.47 Million |
+57.72% |
| 2009-12-31 | CN¥1.02 Billion ≈ $149.30 Million |
+31.40% |
| 2008-12-31 | CN¥776.46 Million ≈ $113.62 Million |
+4.64% |
| 2007-12-31 | CN¥742.02 Million ≈ $108.58 Million |
-16.83% |
| 2006-12-31 | CN¥892.18 Million ≈ $130.55 Million |
+1.98% |
| 2005-12-31 | CN¥874.86 Million ≈ $128.02 Million |
-2.07% |
| 2004-12-31 | CN¥893.38 Million ≈ $130.73 Million |
-1.24% |
| 2003-12-31 | CN¥904.58 Million ≈ $132.37 Million |
+8.34% |
| 2002-12-31 | CN¥834.94 Million ≈ $122.18 Million |
+10.50% |
| 2001-12-31 | CN¥755.58 Million ≈ $110.57 Million |
+0.56% |
| 2000-12-31 | CN¥751.40 Million ≈ $109.95 Million |
+6.81% |
| 1999-12-31 | CN¥703.50 Million ≈ $102.94 Million |
+56.94% |
| 1998-12-31 | CN¥448.25 Million ≈ $65.59 Million |
+11.20% |
| 1997-12-31 | CN¥403.09 Million ≈ $58.98 Million |
+89.72% |
| 1996-12-31 | CN¥212.46 Million ≈ $31.09 Million |
+23.66% |
| 1995-12-31 | CN¥171.81 Million ≈ $25.14 Million |
+1.92% |
| 1994-12-31 | CN¥168.57 Million ≈ $24.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Starlake Bioscience Co Inc Zhaoqing Guangdong's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5094.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.31 Billion | 16.62% |
| Common Stock | CN¥1.66 Billion | 21.09% |
| Other Comprehensive Income | CN¥266.48 Million | 3.38% |
| Other Components | CN¥4.64 Billion | 58.90% |
| Total Equity | CN¥7.88 Billion | 100.00% |
Starlake Bioscience Co Inc Zhaoqing Guangdong Competitors by Market Cap
The table below lists competitors of Starlake Bioscience Co Inc Zhaoqing Guangdong ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Mega Tbk
JK:MEGA
|
$1.41 Billion |
|
Vestjysk Bank A/S
CO:VJBA
|
$1.41 Billion |
|
Daqo New Energy Corp ADR
NYSE:DQ
|
$1.41 Billion |
|
Parade Technologies Ltd
TWO:4966
|
$1.41 Billion |
|
Csg Smart Science&Technology Co Ltd
SHE:300222
|
$1.41 Billion |
|
Anhui Hwasu Co.Ltd.
SHG:600935
|
$1.41 Billion |
|
Cosmoam&T
KO:005070
|
$1.41 Billion |
|
BW Energy Ltd
OL:BWE
|
$1.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Starlake Bioscience Co Inc Zhaoqing Guangdong's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,561,695,028 to 7,876,583,459, a change of 314,888,431 (4.2%).
- Net income of 943,152,843 contributed positively to equity growth.
- Dividend payments of 746,188,748 reduced retained earnings.
- Other comprehensive income increased equity by 266,483,418.
- Other factors decreased equity by 148,559,082.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥943.15 Million | +11.97% |
| Dividends Paid | CN¥746.19 Million | -9.47% |
| Other Comprehensive Income | CN¥266.48 Million | +3.38% |
| Other Changes | CN¥-148.56 Million | -1.89% |
| Total Change | CN¥- | 4.16% |
Book Value vs Market Value Analysis
This analysis compares Starlake Bioscience Co Inc Zhaoqing Guangdong's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.93x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.32 | CN¥5.80 | x |
| 1995-12-31 | CN¥0.33 | CN¥5.80 | x |
| 1996-12-31 | CN¥0.41 | CN¥5.80 | x |
| 1997-12-31 | CN¥0.77 | CN¥5.80 | x |
| 1998-12-31 | CN¥0.86 | CN¥5.80 | x |
| 1999-12-31 | CN¥1.35 | CN¥5.80 | x |
| 2000-12-31 | CN¥1.44 | CN¥5.80 | x |
| 2001-12-31 | CN¥1.44 | CN¥5.80 | x |
| 2002-12-31 | CN¥1.59 | CN¥5.80 | x |
| 2003-12-31 | CN¥1.73 | CN¥5.80 | x |
| 2004-12-31 | CN¥1.71 | CN¥5.80 | x |
| 2005-12-31 | CN¥1.68 | CN¥5.80 | x |
| 2006-12-31 | CN¥1.71 | CN¥5.80 | x |
| 2007-12-31 | CN¥1.42 | CN¥5.80 | x |
| 2008-12-31 | CN¥1.49 | CN¥5.80 | x |
| 2009-12-31 | CN¥1.92 | CN¥5.80 | x |
| 2010-12-31 | CN¥2.95 | CN¥5.80 | x |
| 2011-12-31 | CN¥3.16 | CN¥5.80 | x |
| 2012-12-31 | CN¥2.72 | CN¥5.80 | x |
| 2013-12-31 | CN¥2.91 | CN¥5.80 | x |
| 2014-12-31 | CN¥2.66 | CN¥5.80 | x |
| 2015-12-31 | CN¥1.61 | CN¥5.80 | x |
| 2016-12-31 | CN¥1.76 | CN¥5.80 | x |
| 2017-12-31 | CN¥1.44 | CN¥5.80 | x |
| 2018-12-31 | CN¥1.58 | CN¥5.80 | x |
| 2019-12-31 | CN¥2.06 | CN¥5.80 | x |
| 2020-12-31 | CN¥2.26 | CN¥5.80 | x |
| 2021-12-31 | CN¥2.40 | CN¥5.80 | x |
| 2022-12-31 | CN¥5.79 | CN¥5.80 | x |
| 2023-12-31 | CN¥4.55 | CN¥5.80 | x |
| 2024-12-31 | CN¥4.74 | CN¥5.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Starlake Bioscience Co Inc Zhaoqing Guangdong utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.44%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.85x
- Recent ROE (11.97%) is above the historical average (4.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 14.95% | 9.35% | 0.84x | 1.91x | CN¥8.34 Million |
| 1995 | 11.80% | 5.85% | 0.96x | 2.09x | CN¥3.09 Million |
| 1996 | 14.52% | 8.50% | 0.94x | 1.81x | CN¥9.59 Million |
| 1997 | 14.91% | 21.27% | 0.55x | 1.27x | CN¥19.80 Million |
| 1998 | 13.75% | 20.41% | 0.49x | 1.37x | CN¥16.83 Million |
| 1999 | 10.04% | 24.34% | 0.34x | 1.20x | CN¥253.85K |
| 2000 | 11.44% | 24.65% | 0.32x | 1.44x | CN¥10.85 Million |
| 2001 | 9.01% | 15.40% | 0.44x | 1.33x | CN¥-7.48 Million |
| 2002 | 9.47% | 15.98% | 0.48x | 1.23x | CN¥-4.44 Million |
| 2003 | 7.92% | 13.09% | 0.47x | 1.30x | CN¥-18.79 Million |
| 2004 | 4.37% | 8.53% | 0.35x | 1.46x | CN¥-50.25 Million |
| 2005 | 1.48% | 2.17% | 0.44x | 1.56x | CN¥-74.49 Million |
| 2006 | 2.15% | 2.50% | 0.55x | 1.58x | CN¥-70.02 Million |
| 2007 | -18.68% | -18.02% | 0.57x | 1.82x | CN¥-212.75 Million |
| 2008 | 3.74% | 2.95% | 0.72x | 1.75x | CN¥-48.49 Million |
| 2009 | 22.47% | 16.44% | 0.91x | 1.50x | CN¥124.58 Million |
| 2010 | 18.55% | 20.70% | 0.60x | 1.50x | CN¥131.37 Million |
| 2011 | 5.12% | 8.25% | 0.31x | 2.00x | CN¥-83.60 Million |
| 2012 | -13.54% | -18.59% | 0.33x | 2.22x | CN¥-352.68 Million |
| 2013 | 1.37% | 2.24% | 0.35x | 1.77x | CN¥-127.04 Million |
| 2014 | -24.45% | -41.40% | 0.39x | 1.53x | CN¥-508.35 Million |
| 2015 | -40.30% | -57.88% | 0.40x | 1.76x | CN¥-527.16 Million |
| 2016 | 2.27% | 3.58% | 0.40x | 1.59x | CN¥-82.93 Million |
| 2017 | -17.31% | -23.04% | 0.47x | 1.58x | CN¥-249.69 Million |
| 2018 | 4.42% | 4.92% | 0.59x | 1.51x | CN¥-53.36 Million |
| 2019 | 9.84% | 14.25% | 0.50x | 1.39x | CN¥-2.48 Million |
| 2020 | 8.91% | 13.32% | 0.46x | 1.45x | CN¥-18.19 Million |
| 2021 | 8.57% | 3.74% | 1.65x | 1.39x | CN¥-25.42 Million |
| 2022 | 8.84% | 3.48% | 1.09x | 2.33x | CN¥-79.76 Million |
| 2023 | 8.97% | 3.90% | 1.21x | 1.90x | CN¥-78.22 Million |
| 2024 | 11.97% | 5.44% | 1.19x | 1.85x | CN¥155.49 Million |
Industry Comparison
This section compares Starlake Bioscience Co Inc Zhaoqing Guangdong's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $6,387,359,426
- Average return on equity (ROE) among peers: 2.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Starlake Bioscience Co Inc Zhaoqing Guangdong (600866) | CN¥8.50 Billion | 14.95% | 1.03x | $1.41 Billion |
| Shenzhen CAU Technology Co Ltd (000004) | $948.24 Million | -53.63% | 0.17x | $53.47 Million |
| Pacific Shuanglin Bio pharmacy Co Ltd (000403) | $7.92 Billion | 9.41% | 0.17x | $1.63 Billion |
| Nanhua Bio Medicine Co Ltd (000504) | $304.67 Million | -9.25% | 1.53x | $444.78 Million |
| Jiangsu Sihuan Bioengineering Co Ltd (000518) | $1.06 Billion | 8.06% | 0.08x | $444.44 Million |
| Chengzhi Shareholding Co Ltd (000990) | $15.52 Billion | 0.71% | 0.30x | $2.24 Billion |
| Hualan Biological EngineeringInc (002007) | $6.88 Billion | 18.64% | 0.10x | $3.87 Billion |
| Da An Gene Co Ltd of Sun Yat-Sen University (002030) | $428.60 Million | 11.05% | 0.37x | $1.25 Billion |
| Shanghai RAAS Blood Products Co Ltd Class A (002252) | $29.65 Billion | 6.00% | 0.08x | $5.41 Billion |
| Baolingbao Biology Co Ltd (002286) | $703.11 Million | 6.09% | 0.47x | $568.58 Million |
| Tibet Cheezheng Tibetan Medicine Co Ltd (002287) | $456.61 Million | 23.20% | 0.29x | $1.91 Billion |
About Starlake Bioscience Co Inc Zhaoqing Guangdong
Star Lake Bioscience Co., Inc.Zhaoqing Guangdong engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally. The company offers L-proline for use as an intermediate for synthesizing captopril and enalapril, and raw material for amino acid transfusion; guanosine that is used as an interme… Read more