Zai Lab Limited (HKG:9688)

Zai Lab Statistics

Total Valuation

Zai Lab has a market cap or net worth of HKD 16.81 billion. The enterprise value is 13.45 billion.

Market Cap	16.81B
Enterprise Value	13.45B

Important Dates

The last earnings date was Thursday, May 7, 2026.

Earnings Date	May 7, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	1.12B
Shares Outstanding	n/a
Shares Change (YoY)	+8.42%
Shares Change (QoQ)	+0.12%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	97.91M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.73
PB Ratio	3.24
P/TBV Ratio	3.68
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-9.63
EV / Sales	3.79
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	-15.77

Financial Position

The company has a current ratio of 2.40, with a Debt / Equity ratio of 0.35.

Current Ratio	2.40
Quick Ratio	1.84
Debt / Equity	0.35
Debt / EBITDA	n/a
Debt / FCF	-2.13
Interest Coverage	-42.85

Financial Efficiency

Return on equity (ROE) is -24.19% and return on invested capital (ROIC) is -15.98%.

Return on Equity (ROE)	-24.19%
Return on Assets (ROA)	-13.36%
Return on Invested Capital (ROIC)	-15.98%
Return on Capital Employed (ROCE)	-34.51%
Weighted Average Cost of Capital (WACC)	8.22%
Revenue Per Employee	1.99M
Profits Per Employee	-782,753
Employee Count	1,784
Asset Turnover	0.40
Inventory Turnover	5.99

Taxes

Income Tax	-11.66M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -41.90% in the last 52 weeks. The beta is 0.85, so Zai Lab's price volatility has been lower than the market average.

Beta (5Y)	0.85
52-Week Price Change	-41.90%
50-Day Moving Average	15.74
200-Day Moving Average	18.63
Relative Strength Index (RSI)	40.80
Average Volume (20 Days)	10,182,373

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	5.72

Income Statement

In the last 12 months, Zai Lab had revenue of HKD 3.55 billion and -1.40 billion in losses. Loss per share was -12.67.

Revenue	3.55B
Gross Profit	288.08M
Operating Income	-1.90B
Pretax Income	-1.41B
Net Income	-1.40B
EBITDA	-1.78B
EBIT	-1.90B
Loss Per Share	-12.67

Balance Sheet

The company has 5.18 billion in cash and 1.82 billion in debt, with a net cash position of 3.37 billion.

Cash & Cash Equivalents	5.18B
Total Debt	1.82B
Net Cash	3.37B
Net Cash Per Share	n/a
Equity (Book Value)	5.19B
Book Value Per Share	46.75
Working Capital	4.33B

Cash Flow

In the last 12 months, operating cash flow was -791.86 million and capital expenditures -60.85 million, giving a free cash flow of -852.72 million.

Operating Cash Flow	-791.86M
Capital Expenditures	-60.85M
Depreciation & Amortization	121.41M
Net Borrowing	266.14M
Free Cash Flow	-852.72M
FCF Per Share	n/a

Margins

Gross margin is 8.11%, with operating and profit margins of -53.50% and -39.29%.

Gross Margin	8.11%
Operating Margin	-53.50%
Pretax Margin	-39.62%
Profit Margin	-39.29%
EBITDA Margin	-50.08%
EBIT Margin	-53.50%
FCF Margin	n/a

Dividends & Yields

Zai Lab does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-8.42%
Shareholder Yield	-8.42%
Earnings Yield	-8.31%
FCF Yield	-5.07%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on March 30, 2022. It was a forward split with a ratio of 10.

Last Split Date	Mar 30, 2022
Split Type	Forward
Split Ratio	10

Scores

Zai Lab has an Altman Z-Score of 1.05 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.05
Piotroski F-Score	2