Star Lake Bioscience Co., Inc.Zhaoqing Guangdong

SHSE:600866 Stock Report

Market Cap: CN¥7.1b

Star Lake BioscienceZhaoqing Guangdong Balance Sheet Health

Financial Health criteria checks 2/6

Star Lake BioscienceZhaoqing Guangdong has a total shareholder equity of CN¥7.9B and total debt of CN¥7.2B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are CN¥18.6B and CN¥10.8B respectively. Star Lake BioscienceZhaoqing Guangdong's EBIT is CN¥287.5M making its interest coverage ratio 9.7. It has cash and short-term investments of CN¥1.5B.

Key information

90.83%

Debt to equity ratio

CN¥7.16b

Debt

Interest coverage ratio9.7x
CashCN¥1.51b
EquityCN¥7.89b
Total liabilitiesCN¥10.75b
Total assetsCN¥18.64b

Recent financial health updates

Recent updates

Analysis Article Mar 26

Here's Why We Think Star Lake BioscienceZhaoqing Guangdong (SHSE:600866) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Feb 08

Is Star Lake BioscienceZhaoqing Guangdong (SHSE:600866) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 04

Why Star Lake BioscienceZhaoqing Guangdong's (SHSE:600866) Earnings Are Better Than They Seem

The market seemed underwhelmed by the solid earnings posted by Star Lake Bioscience Co., Inc.Zhaoqing Guangdong...
Analysis Article Oct 27

Star Lake BioscienceZhaoqing Guangdong (SHSE:600866) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 25

Little Excitement Around Star Lake Bioscience Co., Inc.Zhaoqing Guangdong's (SHSE:600866) Earnings

Star Lake Bioscience Co., Inc.Zhaoqing Guangdong's ( SHSE:600866 ) price-to-earnings (or "P/E") ratio of 9.3x might...
Analysis Article Jul 26

Star Lake BioscienceZhaoqing Guangdong (SHSE:600866) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article May 28

Estimating The Intrinsic Value Of Star Lake Bioscience Co., Inc.Zhaoqing Guangdong (SHSE:600866)

Key Insights The projected fair value for Star Lake BioscienceZhaoqing Guangdong is CN¥6.51 based on Dividend Discount...
Analysis Article Apr 29

There's No Escaping Star Lake Bioscience Co., Inc.Zhaoqing Guangdong's (SHSE:600866) Muted Earnings Despite A 26% Share Price Rise

The Star Lake Bioscience Co., Inc.Zhaoqing Guangdong ( SHSE:600866 ) share price has done very well over the last...

Financial Position Analysis

Short Term Liabilities: 600866's short term assets (CN¥6.7B) do not cover its short term liabilities (CN¥8.4B).

Long Term Liabilities: 600866's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥2.4B).


Debt to Equity History and Analysis

Debt Level: 600866's net debt to equity ratio (71.7%) is considered high.

Reducing Debt: 600866's debt to equity ratio has increased from 26.8% to 90.8% over the past 5 years.

Debt Coverage: 600866's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600866's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/22 20:29
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Star Lake Bioscience Co., Inc.Zhaoqing Guangdong is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ting Zhou ZhuangHuatai Research