Zai Lab Ltd financial data

Symbol
ZLAB on Nasdaq
Location
4560 Jinke Road, Bldg. 1, 4 F, Pudong, Shanghai, China
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 317 % -16.8%
Quick Ratio 16.9 % -3.75%
Debt-to-equity 46.2 % +26.7%
Return On Equity -25.8 % +30.2%
Return On Assets -17.7 % +34.8%
Operating Margin -51.6 % +45.7%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 1.11B shares +12.3%
Entity Public Float 1.7B USD -37%
Common Stock, Value, Issued 7K USD +16.7%
Weighted Average Number of Shares Outstanding, Basic 1.1B shares +12.3%
Weighted Average Number of Shares Outstanding, Diluted 1.1B shares +12.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 442M USD +24.1%
Revenue from Contract with Customer, Excluding Assessed Tax 439M USD +23.6%
Cost of Revenue 108M USD +35.6%
Research and Development Expense 212M USD -19.9%
Operating Income (Loss) -228M USD +32.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -207M USD +23.6%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -207M USD +23.6%
Earnings Per Share, Basic 0 USD/shares +25.9%
Earnings Per Share, Diluted 0 USD/shares +25.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 717M USD +16.4%
Accounts Receivable, after Allowance for Credit Loss, Current 85.4M USD +70.9%
Inventory, Net 67.1M USD +69.8%
Assets, Current 1.03B USD +20%
Property, Plant and Equipment, Net 48.9M USD -3.74%
Operating Lease, Right-of-Use Asset 15.8M USD +22.7%
Intangible Assets, Net (Excluding Goodwill) 55.3M USD +6.99%
Other Assets, Noncurrent 2.13M USD
Assets 1.16B USD +17.6%
Accounts Payable, Current 99.7M USD -17.4%
Employee-related Liabilities, Current 24.4M USD +1.46%
Liabilities, Current 360M USD +25.7%
Operating Lease, Liability, Noncurrent 10.8M USD +77.3%
Other Liabilities, Noncurrent 325K USD 0%
Liabilities 399M USD +25.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 39.6M USD +40.2%
Retained Earnings (Accumulated Deficit) -2.58B USD -8.72%
Stockholders' Equity Attributable to Parent 760M USD +13.8%
Liabilities and Equity 1.16B USD +17.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -61.7M USD +31.5%
Net Cash Provided by (Used in) Financing Activities 43.1M USD -9.27%
Net Cash Provided by (Used in) Investing Activities 326M USD +9807%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 1.11B shares +12.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 308M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.1M USD +2347%
Deferred Tax Assets, Valuation Allowance 395M USD +10.3%
Operating Lease, Liability 21.8M USD +43.6%
Depreciation 8.8M USD 0%
Payments to Acquire Property, Plant, and Equipment 1.53M USD +57.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -195M USD +32.7%
Lessee, Operating Lease, Liability, to be Paid 23.2M USD +48.4%
Property, Plant and Equipment, Gross 89.5M USD +2.68%
Operating Lease, Liability, Current 5.5M USD -16.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.99M USD -2.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.61M USD +15.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.4M USD +204%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.73M USD +106%
Deferred Tax Assets, Operating Loss Carryforwards 321M USD +8.72%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.91M USD +254%
Amortization of Intangible Assets 5.5M USD +114%
Depreciation, Depletion and Amortization 3.46M USD +14.8%
Deferred Tax Assets, Net of Valuation Allowance 3.77M USD +33.3%
Share-based Payment Arrangement, Expense 66.9M USD -9.41%
Interest Expense 113K USD