Zai Lab Limited (HKG:9688)

Zai Lab Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	449.67	790.15	1,008	964.1	442.12
Short-Term Investments	330	16.3	-	445	744.68
Cash & Short-Term Investments	779.67	806.45	1,008	1,409	1,187
Cash Growth	-3.32%	-20.03%	-28.43%	18.73%	330.10%
Receivables	89.41	65.33	48.57	54.81	5.17
Inventory	39.88	44.83	31.62	18.95	13.14
Restricted Cash	100	-	-	-	-
Other Current Assets	41.53	23	35.67	18.02	10.94
Total Current Assets	1,050	939.61	1,124	1,501	1,216
Property, Plant & Equipment	69.46	68.58	77.38	57.29	46.86
Long-Term Investments	3.12	9.22	6.43	15.61	1.28
Other Intangible Assets	58.93	16.46	8.4	9.66	9.44
Other Long-Term Assets	3.77	2.43	3.6	26.52	24.02
Total Assets	1,186	1,036	1,220	1,610	1,298
Accounts Payable	100.91	112.99	65.97	126.16	62.64
Accrued Expenses	46.77	58.16	44.21	45.01	23.89
Short-Term Debt	131.71	-	-	-	-
Current Portion of Leases	8.05	7.1	7.05	5.93	5.21
Current Income Taxes Payable	5.15	16.99	13.28	8.82	0.95
Other Current Liabilities	6.8	7.83	9.32	6.99	5.36
Total Current Liabilities	299.39	203.07	139.84	192.9	98.04
Long-Term Leases	13.71	8.05	13.34	9.61	13.39
Long-Term Unearned Revenue	31.43	28.74	21.36	27.49	16.86
Other Long-Term Liabilities	0.33	0.33	-	-	-
Total Liabilities	344.86	240.18	174.55	230	128.29
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	3,264	2,975	2,893	2,826	1,897
Retained Earnings	-2,453	-2,196	-1,861	-1,418	-713.6
Treasury Stock	-20.84	-20.84	-11.86	-4.28	-
Comprehensive Income & Other	50.52	37.63	25.69	-23.65	-14.52
Total Common Equity	840.9	796.12	1,046	1,380	1,169
Shareholders' Equity	840.9	796.12	1,046	1,380	1,169
Total Liabilities & Equity	1,186	1,036	1,220	1,610	1,298
Total Debt	153.47	15.15	20.39	15.54	18.6
Net Cash (Debt)	626.2	791.3	988.08	1,394	1,168
Net Cash Growth	-20.86%	-19.92%	-29.10%	19.29%	359.64%
Net Cash Per Share	6.33	8.19	10.31	14.99	15.04
Filing Date Shares Outstanding	107.58	98.72	96.02	96.41	88.59
Total Common Shares Outstanding	107.77	97.22	96.02	95.5	87.81
Working Capital	751.1	736.54	984.49	1,308	1,118
Book Value Per Share	7.80	8.19	10.89	14.45	13.32
Tangible Book Value	781.96	779.66	1,037	1,370	1,160
Tangible Book Value Per Share	7.26	8.02	10.80	14.35	13.21
Machinery	48.65	48.23	44.38	37.76	27.35
Construction In Progress	25.13	24.27	24.25	11.33	2.42
Leasehold Improvements	11.31	11.37	11.3	10.43	9.64

Source: S&P Capital IQ. Standard template. Financial Sources.