Zai Lab Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Net Income	-334.62	-443.29	-704.47	-268.91	-195.07	-139.08	-50.38	-37.51	-18.02
Depreciation & Amortization	17.74	16.58	12.61	8.96	6.6	1.65	0.55	0.2	0.13
Share-Based Compensation	79.63	61.3	40.71	24.83	20.29	12.23	9.93	4.93	2.7
Other Operating Activities	39.07	-2.24	101.92	19.06	-22.83	27.66	7.54	0.23	3.73
Operating Cash Flow	-198.18	-367.64	-549.23	-216.06	-191.01	-97.54	-32.37	-32.16	-11.46
Capital Expenditures	6.8	-24.59	-18.29	-10.13	-13.87	-10.02	-9.02	-2.22	-0.74
Change in Investments	-16.3	445	268.9	-544.16	0.35	-202.44	-1.4	-0.5	0
Other Investing Activities	-1.28	-0.4	-0.65	-0.54	-1.37	-0.1	-0.02	-0.01	-
Investing Cash Flow	-10.78	420.02	249.96	-554.83	-14.89	-212.55	-10.43	-2.73	-0.74
Share Issuance / Repurchase	2.37	5.87	826.29	1,144	217.26	141.2	161.49	0	0
Debt Issued / Paid	0	0	0	-6.53	2.9	3.64	0	0	0
Other Financing Activities	-8.8	-7.6	-6.09	-5.38	-0.85	-0.69	26.37	106.2	18.28
Financing Cash Flow	-6.43	-1.73	820.2	1,132	219.3	144.15	187.86	106.2	18.28
Exchange Rate Effect	-2.62	-6.27	1.12	4.86	0.09	-0.76	0.65	-0.52	-0.07
Net Cash Flow	-218.01	44.37	522.04	366.42	13.49	-166.71	145.71	70.79	6.01
Free Cash Flow	-191.38	-392.23	-567.52	-226.19	-204.88	-107.55	-41.39	-34.38	-12.2
Free Cash Flow Margin	-71.75%	-182.40%	-393.26%	-462.00%	-1577.84%	-83374.42%	-	-	-
Free Cash Flow Per Share	-1.98	-4.09	-6.10	-2.91	-3.18	-2.04	-1.90	-3.64	-1.40

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).