Zai Lab Limited (HKG:9688)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
19.15
-0.85 (-4.25%)
Sep 10, 2026, 11:59 AM 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
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
22,36915,27022,16120,99722,97447,249
Market Cap Growth
-16.17%-31.09%5.54%-8.60%-51.38%-48.85%
Enterprise Value
19,52311,39618,35214,71914,40735,150
Last Close Price
20.0013.6520.9021.5024.6050.60

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
6.344.267.1510.0813.7041.99
PB Ratio
4.702.743.393.382.824.39
P/TBV Ratio
5.503.083.653.452.844.42

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
5.543.185.927.068.5931.24

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '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
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
-6.60%-8.95%-9.01%-12.45%-15.04%-11.63%
FCF Yield
-4.89%-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%