Shanghai InnoStar Bio-tech Co. Ltd. Class A

Shanghai InnoStar Bio-tech Co. Ltd. Class A

SSSE:688710
81.19
CNY
-3.38
(-4.00%)
9.47BMarket Cap
Oct 27Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.13
5.59
7.98
8.92
9.83
9.73
5.85
- -
Basic EPS, GAAP
0.61
0.71
1.19
1.4
1.84
1.26
-0.22
- -
Free Cash Flow per Basic Share
0.54
0.01
0.61
1.37
-0.62
-3.28
-0.23
- -
Dividend per Share
0.05
0.04
0.17
0.33
- -
- -
0.33
- -
Book Value per Share
3.19
3.74
8
13.31
15.3
16.97
16.48
16.79
Tangible Book Value per Share
3.12
3.69
7.94
13.21
14.27
16.22
15.75
16.06
Basic Weighted Avg Shares
59
60
73
97
106
117
139
140
Sales/Revenue/Turnover
245
334
582
863
1,038
1,142
811
- -
Operating Margin (%)
20.54
15.62
18.73
18.75
22.5
16.91
2.82
- -
Depreciation Expense
18
23
50
70
74
80
89
- -
Net Income, GAAP
36
42
87
135
194
148
-31
- -
Effective Tax Rate (%)
17.38
16.08
10.11
16.67
14.25
14.02
- -
- -
Profit Margin (%)
14.78
12.69
14.91
15.69
18.72
12.94
-3.76
- -
Working Capital
77
86
490
1,111
1,105
1,600
1,466
1,455
LT Debt
47
142
239
229
215
201
105
114
Total Equity
189
222
754
1,442
1,639
2,402
2,362
2,405
Return on Invested Capital (%)
- -
13.39
11.81
8.66
10.16
6.06
- -
- -
Return on Capital (%)
- -
14.05
13.9
11.96
12.18
7.48
- -
- -
Return on Common Equity (%)
- -
20.62
18.88
12.87
12.85
7.37
-1.29
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
13
16
LT Borrowings
- -
- -
- -
LT Finance Leases
105
118
114
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
141
141
141
Market Capitalization
6,224
10,010
9,474

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,179
2,293
2,593
Cash, Cash Equivalents & STI
1,287
1,342
1,493
Accounts Receivable, Net
218
232
259
Inventories
430
441
555
Total Current Liabilities
712
808
1,137
Payables & Accruals
- -
- -
- -
ST Debt
11
13
16
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
77.92%
-1.67%
Free Cash Flow
- -
1,851.24%
-91.52%
Net Income, GAAP
- -
11.95%
-120.65%
Sales/Revenue/Turnover
- -
24.79%
-28.94%
Total Cash Common Dividend
- -
4,300.39%
19,688.51%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
296
310
277
259
1,142
2025
209
166
- -
241
811
2026
210
255
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.37
0.26
0.11
1.26
2025
0.04
-0.15
- -
-0.11
-0.22
2026
0.09
0.19
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.33
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yan Chang
Full Time Employees
1,173
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Shanghai China
IPO Date
Sep 3, 2024
Business
Shanghai InnoStar Bio-tech Co., Ltd. is a China-based contract research organization (CRO) that provides comprehensive non-clinical research and development evaluation services for pharmaceutical and biotechnology companies worldwide. Founded in 2010 and headquartered in Shanghai, China, the company operates as a key preclinical research platform under the China National Biotec Group (CNBG), a subsidiary of the state-owned China National Pharmaceutical Group (Sinopharm). The company provides integrated preclinical drug evaluation solutions that comply with international Good Laboratory Practice (GLP) standards. The company's primary service offerings include non-clinical safety assessment services, encompassing single-dose and repeated-dose general toxicology studies, safety pharmacology assessments, reproductive and developmental toxicity testing, genotoxicity studies, carcinogenicity studies, immunotoxicity evaluations, and local irritation and sensitization assays; non-clinical pharmacokinetics and drug metabolism (DMPK) services, covering in vitro and in vivo absorption, distribution, metabolism, and excretion (ADME) profiling, tissue distribution studies, mass balance assays, and metabolite identification; non-clinical pharmacodynamics evaluation services, offering in vitro cellular assays, target engagement characterization, and in vivo animal disease efficacy models; bioanalytical testing services, utilizing liquid chromatography-tandem mass spectrometry (LC-MS/MS), enzyme-linked immunosorbent assay (ELISA), electrochemiluminescence (ECL), flow cytometry, and quantitative polymerase chain reaction (qPCR) platforms for small molecule quantitation, large molecule pharmacokinetic assays, anti-drug antibody (ADA) screening, and neutralizing antibody evaluations; and translational research services supporting candidate screening through Investigational New Drug (IND) and New Drug Application (NDA) regulatory submissions. The company supports a wide spectrum of therapeutic modalities, including small molecule chemical drugs, monoclonal antibodies, bispecific antibodies, antibody-drug conjugates (ADCs), recombinant therapeutic proteins, cell and gene therapies (CGTs), mRNA vaccines, and oligonucleotide therapeutics. Shanghai InnoStar Bio-tech conducts its research operations across specialized testing facilities in Shanghai, Nantong, and Shenzhen, with regulatory compliance recognized by the National Medical Products Administration (NMPA) of China, the U.S. Food and Drug Administration (FDA), the Organisation for Economic Co-operation and Development (OECD), and full accreditation from AAALAC International. In recent operational developments, Shanghai InnoStar Bio-tech completed its initial public offering (IPO) and listed its Class A shares on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange under the ticker symbol 688710 in September 2024. The company has deployed proceeds from the public offering to expand laboratory capacity and high-throughput testing infrastructure at its Shanghai and Nantong campuses, scaling up specialized evaluation capabilities for cell and gene therapies, radiopharmaceuticals, and antibody-drug conjugates. Furthermore, the company has entered into strategic collaborations with global and domestic biopharmaceutical innovators to build integrated one-stop non-clinical evaluation platforms for emerging molecular modalities and to accelerate preclinical programs toward international regulatory approvals.