Who are Star Lake Bioscience's main competitors?

Named competitors: MeiHua Holdings (600873.SS), Fufeng Group (0546.HK), Lotus Holdings (600186.SS). The cockpit's measured peer set (industry) also includes JinJian Cereals Industry (600127.SS), ORION (001800.KS), ARIAKE JAPAN (2815.T), Jiangxi Qiyunshan Food (2797.HK), Seneca Foods (SENEA), Namchow Food Group (Shanghai) (605339.SS).

Is Star Lake Bioscience expensive compared with its peers?

On forward p/e it trades at 37.2× against a peer median of 17.7×, 5th most expensive of 15 in its peer set.

How has Star Lake Bioscience stock performed?

Over six months to 6 Nov 2026 the shares returned -26.5% against -8.3% for the median peer; over one year -42.2%.

← CockpitCompetitor Analysis › 600866.SS Star Lake Bioscience Co., Inc. Class AOpen in the cockpit ↗

Star Lake Bioscience Co., Inc. Class A600866.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Staples›Food: Specialty/Candy

Guangdong biochemical company producing MSG, nucleotides and other fermentation-based food additives and fine chemicals.

≈ A smaller Chinese fermentation/food-additive producerMomentum neutral 54

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.07B

US dollars, full cap

Free float

55%

of shares outstanding

$/day

$13.6M

20-day average traded

Fwd P/E

37.2×

forward earnings

ROIC−WACC

-1.2 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

172 days

27 Apr 2027

Close · CNYCN¥4.28

1D+0.2%

1W+5.2%

1M+0.7%

3M-6.8%

6M-26.5%

YTD-38.4%

1Y-42.2%

ATR %2.8%

52w lowhigh48.2% off high

What Star Lake Bioscience does

Guangdong biochemical company producing MSG, nucleotides and other fermentation-based food additives and fine chemicals.

In one line: A smaller Chinese fermentation/food-additive producer.

Products and services

MSG
Nucleotides (flavor enhancers)
Amino acids/fine chemicals

Customers

Food manufacturers
Foodservice/flavor industry

Where it sits in the supply chain

Specialty chemicals
Food additives
MSG, nucleotides, amino acids

What could go right

Food-additive demand growth

What could go wrong

Commodity pricing pressure
Fermentation feedstock cost swings

Moat: none. Commodity fermentation-chemical producer without differentiated pricing power.

Headquarters: Zhaoqing, Guangdong, China · Employees: 10,528

Named competitors

MeiHua Holdings 600873.SS
Fufeng Group 0546.HK
Lotus Holdings 600186.SS

Star Lake Bioscience at a glance

Size Star Lake Bioscience (600866.SS) is a China Consumer Staples company (Food: Specialty/Candy) with a market value of $1.07B, the 2179th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.28 on 6 Nov 2026.

Performance Over six months the shares fell 26.5%, against -8.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.

Growth Revenue fell 3.0% over the last twelve months (peer median +7.8%); the operating margin is 0.4% (peer median 8.7%).

Valuation It trades at 37.2× forward earnings against a peer median of 17.7× (5th most expensive of 15).

Capital Return on invested capital runs 1.2 points below its cost of capital (5.0% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Star Lake Bioscience against the median of its 20 peers (local-currency closes).

Star Lake Bioscience financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥16.1B	CN¥15.9B	CN¥17.3B	CN¥17.4B	CN¥17.5B
Revenue growth	—	-8%	0%	0%	—
Gross profit	CN¥2.04B	CN¥2.44B	CN¥2.79B	CN¥2.26B	CN¥2.87B
EBITDA	n/a	CN¥2.02B	CN¥2.42B	CN¥2.02B	CN¥2.71B
Net income	CN¥19.7M	CN¥979M	CN¥943M	CN¥678M	CN¥608M
Free cash flow	-CN¥2.33B	-CN¥730M	CN¥1.76B	CN¥1.66B	CN¥1.21B
Capital expenditure	CN¥1.96B	CN¥2.04B	CN¥638M	CN¥376M	CN¥452M
Total debt	CN¥7.98B	CN¥6.36B	CN¥4.15B	CN¥4.40B	CN¥5.04B

Quarterly statements and history in the cockpit →

Star Lake Bioscience competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Star Lake Bioscience is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Star Lake Bioscience is the large dot.

Star Lake Bioscience competitors and peer comparison

Head to head with its named competitors (600866.SS vs 600873.SS vs 0546.HK vs 600186.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Star Lake Bioscience 600866.SS	$1.07B	-26%	-3%	0%	37.2×	n/a
MeiHua 600873.SS	$2.99B	-27%	-3%	4%	14.5×	n/a
Fufeng 0546.HK	$1.31B	-37%	+1%	4%	7.4×	n/a
Lotus 600186.SS	$2.37B	-18%	+21%	13%	35.2×	n/a

How Star Lake Bioscience compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Star Lake Bioscience against its 20 peers (data as of 6 Nov 2026)
Measure	600866.SS	Peer median	Rank in peer set
1-month return	+0.7%	+0.7%	11th highest of 21
6-month return	-26.5%	-8.3%	5th lowest of 20
Distance from 52-week high	-48.2%	-24.9%	lowest of 21
Revenue growth (TTM)	-3.0%	+7.8%	5th lowest of 21
Operating margin	0.4%	8.7%	5th lowest of 21
Forward P/E	37.2×	17.7×	5th most expensive of 15
ROIC minus cost of capital	-1.2 pp	+1.0 pp	8th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Star Lake Bioscience 600866.SS	China	$1.07B	-26%	-3%	0%	37.2×	n/a	n/a
JinJian Cereals Industry 600127.SS	China	$1.08B	+64%	+1%	-1%	n/a	n/a	n/a
ORION 001800.KS	South Korea	$1.06B	-4%	+15%	15%	n/a	-16.5%	+8.3%
ARIAKE JAPAN 2815.T	Japan	$1.04B	-5%	+3%	17%	17.4×	-7.4%	+6.1%
Jiangxi Qiyunshan Food 2797.HK	Hong Kong	$1.10B	n/a	-7%	17%	n/a	n/a	n/a
Seneca Foods SENEA	United States	$1.03B	+9%	+12%	9%	10.9×	-15.1%	+2.5%
Namchow Food Group (Shanghai) 605339.SS	China	$1.01B	-2%	-5%	-1%	n/a	n/a	n/a
Jiajia Food 002650.SZ	China	$983M	-25%	-3%	-11%	n/a	1.2%	-10.0%
Lotte 004990.KS	South Korea	$1.18B	-27%	+1%	2%	69.5×	n/a	n/a
Food Empire F03.SI	Singapore	$952M	-22%	+14%	16%	12.7×	-9.9%	+14.9%
Snowsky Salt Industry 600929.SS	China	$1.20B	-29%	+32%	1%	54.7×	n/a	n/a
Guilin Seamild Foods 002956.SZ	China	$947M	-14%	+21%	11%	23.3×	9.0%	+17.0%
Chenguang Biotech 300138.SZ	China	$946M	+13%	-4%	6%	16.1×	-1.0%	+10.9%
Italmobiliare ITM.MI	Italy	$1.20B	-8%	+8%	14%	12.0×	n/a	n/a
Nisshin OilliO 2602.T	Japan	$1.22B	+13%	+8%	3%	18.0×	3.1%	+10.5%
Shandong Bailong Chuangyuan Bio-Tech 605016.SS	China	$1.24B	-28%	+19%	32%	18.4×	8.8%	+22.5%
Bikaji Foods International BIKAJI.NS	India	$1.27B	-29%	+14%	10%	37.4×	38.6%	+17.5%
Morinaga & 2201.T	Japan	$1.28B	-8%	+3%	9%	12.3×	-5.7%	+7.1%
Otoki 007310.KS	South Korea	$879M	-13%	+4%	5%	9.4×	-6.5%	+7.2%
Westrock Coffee WEST	United States	$878M	+9%	+39%	0%	n/a	n/a	n/a
Manorama Industries MANORAMA.NS	India	$1.31B	+22%	+60%	24%	39.3×	33.4%	+46.9%

Questions

Who are Star Lake Bioscience's main competitors?: Named competitors: MeiHua Holdings (600873.SS), Fufeng Group (0546.HK), Lotus Holdings (600186.SS). The cockpit's measured peer set (industry) also includes JinJian Cereals Industry (600127.SS), ORION (001800.KS), ARIAKE JAPAN (2815.T), Jiangxi Qiyunshan Food (2797.HK), Seneca Foods (SENEA), Namchow Food Group (Shanghai) (605339.SS).
Is Star Lake Bioscience expensive compared with its peers?: On forward p/e it trades at 37.2× against a peer median of 17.7×, 5th most expensive of 15 in its peer set.
How has Star Lake Bioscience stock performed?: Over six months to 6 Nov 2026 the shares returned -26.5% against -8.3% for the median peer; over one year -42.2%.