Zai Lab Limited

Zai Lab Limited

ZLAB
Zai Lab LimitedUS flagNASDAQ Global Market
19.08
USD
-0.04
- -
2.15BMarket Cap
Zai Lab Limited
ZLAB
(NASDAQ Global Market)

Recent

price

19.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
0.2
0.63
1.55
2.24
2.76
4.03
4.2
4.11
Revenue per Share
-0.37
-0.76
-2.32
-2.64
-3.03
-3.46
-7.58
-4.63
-3.46
-2.6
-1.6
-1.62
Basic EPS, GAAP
-0.25
-0.7
-1.91
-2.05
-3.2
-2.92
-6.11
-4.1
-2.14
-2.79
-1.5
-1.21
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.46
-1.22
-5.08
-4.74
-6.91
-9.19
-15.25
-19.43
-22.72
-24.79
-24
-24.32
Book Value per Share
-0.37
-1.05
10.81
4.77
4.44
14.93
14.74
10.83
8.07
7.9
5.81
5.29
Tangible Book Value per Share
49
49
22
53
64
78
93
96
97
99
110
110
Basic Weighted Avg Shares
- -
- -
- -
- -
13
49
144
215
267
399
460
453
Sales/Revenue/Turnover
- -
- -
- -
-109,897.67
-1,564.85
-616.45
-482.25
-182.7
-140.27
-68.66
-48.59
-52.19
Operating Margin (%)
- -
- -
1
2
4
5
6
8
9
12
15
15
Depreciation Expense
-18
-38
-50
-139
-195
-269
-704
-443
-335
-257
-176
-178
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
-107,810.08
-1,502.28
-549.26
-488.16
-206.14
-125.46
-64.44
-38.15
-39.29
Profit Margin (%)
9
79
219
220
246
1,118
1,308
984
737
751
603
552
Working Capital
- -
- -
- -
- -
11
13
10
13
8
14
13
12
LT Debt
-18
-52
235
251
295
1,169
1,380
1,046
796
841
716
662
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
209
211
220
LT Borrowings
- -
- -
- -
LT Finance Leases
11
13
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,106
1,106
1,110
Market Capitalization
3,645
1,932
2,073

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,033
1,019
945
Cash, Cash Equivalents & STI
717
690
661
Accounts Receivable, Net
85
106
54
Inventories
67
75
86
Total Current Liabilities
360
416
393
Payables & Accruals
148
198
167
ST Debt
209
211
220
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.39%
-7.87%
-14.91%
Free Cash Flow
52.89%
13.1%
-40.59%
Net Income, GAAP
44.21%
9.1%
-31.73%
Sales/Revenue/Turnover
- -
66.55%
15.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
87
101
102
109
399
2025
106
110
116
128
460
2026
100
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.55
-0.82
-0.42
-0.8
-2.6
2025
-0.45
-0.37
-0.33
-0.46
-1.6
2026
-0.46
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Zai Lab Limited is a commercial-stage biopharmaceutical company dedicated to discovering, developing, and commercializing transformative medicines for patients in areas of significant unmet medical need, particularly within oncology, autoimmune disorders, infectious diseases, and neuroscience. The company operates primarily in Mainland China and Hong Kong, with a growing global presence. Zai Lab's commercial portfolio features several innovative therapies. Zejula (niraparib) is a once-daily oral PARP 1/2 inhibitor approved for the maintenance treatment of adult patients with advanced ovarian, fallopian tube, or primary peritoneal cancer, including first-line and recurrent platinum-sensitive settings. Optune delivers Tumor Treating Fields, a non-invasive therapy for newly diagnosed and recurrent glioblastoma (GBM). NUZYRA (omadacycline) is a modern tetracycline-class antibiotic for the treatment of community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI). Qinlock (ripretinib) is a kinase inhibitor indicated for advanced gastrointestinal stromal tumors (GIST) in adult patients who have received prior treatments. More recently, XACDURO (sulbactam-durlobactam) received approval in China for hospital-acquired and ventilator-associated bacterial pneumonia (HABP/VABP) caused by susceptible Acinetobacter baumannii-calcoaceticus complex isolates. The company also commercializes VYVGART, an FcRn blocker for generalized myasthenia gravis (gMG) and chronic inflammatory demyelinating polyneuropathy (CIDP) in China, which significantly contributes to its revenue. The company maintains a robust and diverse pipeline of investigational therapies. This includes Odronextamab for various B-cell lymphomas and Repotrectinib (also known as AUGTYRO), a tyrosine kinase inhibitor targeting ROS1 and TRK fusions, with approvals in some markets and a key revenue driver for Zai Lab. Other pipeline assets feature Margetuximab for breast and gastroesophageal cancers, Adagrasib for KRAS-G12C-mutated solid tumors, and Bemarituzumab, which has shown promise in gastric and gastroesophageal junction cancer and received FDA Fast Track designation. Zai Lab is also advancing internal research and development programs, such as ZL-1102, a topical anti-IL-17A human nanobody in Phase 2 for chronic plaque psoriasis. Furthermore, KarXT (xanomeline-trospium), an oral M1/M4-preferring muscarinic agonist, is progressing for psychiatric and neurological conditions like schizophrenia, with a New Drug Application accepted in China. The pipeline also includes ZL-1310, a DLL3 antibody-drug conjugate for small cell lung cancer, which has received FDA Fast Track designation and is slated for a pivotal study in late 2025. Zai Lab's revenue model is largely driven by product sales from its commercialized therapies in China, supplemented by collaboration agreements that can include upfront payments, milestones, and royalties. The company, founded in 2013, has headquarters in Shanghai, China, and offices in the United States, pursuing a strategy of leveraging global partnerships to bring innovative medicines to patients in China and beyond, with a focus on addressing high unmet medical needs. Zai Lab reported a total revenue of $0.39 billion in 2024, with a projected path toward profitability by 2025.

Company News

APIChatGPT
  • Zai Lab Receives EMA Orphan Drug Designation for Zocilurtatug Pelitecan (Zoci) in Pulmonary Neuroendocrine Carcinomas

  • Zai Lab Receives China NMPA Approval of TIVDAK® (tisotumab vedotin for injection) for the Treatment of Adult Patients with Recurrent or Metastatic Cervical Cancer

  • Zai Lab Announces Changes to Senior Leadership Team

  • Zai Lab: A Speculative Bet On Global Oncology, With A Greater China Bag Attached

  • Zai Lab Receives U.S. FDA Fast Track Designation for Zocilurtatug Pelitecan (Zoci), a DLL3-Targeting ADC, for Treatment of Extrapulmonary Neuroendocrine Carcinomas (epNECs)

  • Zai Lab Q1 Earnings Call Highlights

  • Zai Lab Limited (ZLAB) Q1 2026 Earnings Call Transcript

  • Zai Lab Limited (ZLAB) Reports Q1 Earnings: What Key Metrics Have to Say

  • Zai Lab Announces First Quarter 2026 Financial Results and Recent Corporate Updates

  • Zai Lab to Announce First Quarter 2026 Financial Results and Recent Corporate Updates on May 7, 2026

  • Zai Lab Limited (ZLAB) Discusses Intracranial Activity of a New Therapy in Small Cell Lung Cancer With Brain Metastases Transcript

  • Zai Lab (NASDAQ:ZLAB) Sees Strong Trading Volume – Still a Buy?

  • Zai Lab Presents New Preclinical Data Suggesting ZL-1503, an IL-13/IL-31Rα Bispecific Antibody, Provides Rapid Itch Relief and Reduction in Inflammation in Atopic Diseases

  • Zai Lab Presents New Data Demonstrating Zocilurtatug Pelitecan (Zoci) Induces Rapid and Robust Intracranial Responses in Small Cell Lung Cancer with Brain Metastases and Promising Activity in Other Neuroendocrine Carcinomas

  • Boehringer Ingelheim and Zai Lab announce Collaboration on DLL3‑targeting T‑Cell Engager and ADC Combination in Small Cell Lung Cancer and Other Neuroendocrine Carcinomas

  • Zai Lab: Xacduro And ZL-1310 Drive Growth Narrative

  • Ying Du Sells 5,576 Shares of Zai Lab (NASDAQ:ZLAB) Stock

  • Yajing Chen Sells 5,199 Shares of Zai Lab (NASDAQ:ZLAB) Stock

  • Zai Lab Announces Global Clinical Trial Collaboration and Supply Agreement to Evaluate Novel DLL3 ADC, Zocilurtatug Pelitecan, in Combination with a Bispecific T-cell Engager Therapy

  • Zai Lab Limited Unsponsored ADR (NASDAQ:ZLAB) Given Average Recommendation of “Moderate Buy” by Brokerages