Zai Lab Limited (HKG:9688)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
19.78
+0.92 (4.88%)
Oct 21, 2026, 4:08 PM HKT

Zai Lab Ratios and Metrics

Millions HKD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
23,17615,27022,16120,99722,97447,249
Market Cap Growth
-5.22%-31.09%5.54%-8.60%-51.38%-48.85%
Enterprise Value
20,32811,39618,35214,71914,40735,150
Last Close Price
18.8613.6520.9021.5024.6050.60

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
6.274.267.1510.0813.7041.99
PB Ratio
4.642.743.393.382.824.39
P/TBV Ratio
5.443.083.653.452.844.42

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
5.463.185.927.068.5931.24

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.420.310.180.020.020.01
Net Debt / Equity Ratio
-0.60-0.65-0.74-0.99-0.94-1.01
Net Debt / EBITDA Ratio
1.462.172.322.152.492.01
Net Debt / FCF Ratio
2.602.932.843.852.522.46
Asset Turnover
0.400.390.360.240.150.10
Inventory Turnover
5.677.199.039.4614.2538.98
Quick Ratio
1.611.942.904.297.567.59
Current Ratio
2.132.453.514.638.047.78
Return on Equity (ROE)
-26.91%-22.56%-31.41%-36.34%-36.55%-55.27%
Return on Assets (ROA)
-14.74%-12.16%-15.87%-20.86%-17.86%-30.10%
Return on Capital Employed (ROCE)
-40.90%-30.30%-31.80%-45.20%-37.40%-49.40%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
-6.68%-8.95%-9.01%-12.45%-15.04%-11.63%
FCF Yield
-4.95%-8.10%-7.73%-7.64%-13.31%-9.37%
Buyback Yield / Dilution
-6.01%-10.70%-2.39%-0.87%-3.03%-19.73%