Zai Lab Financials

ZLAB Stock  USD 28.09  1.66  6.28%   
Based on the measurements of operating efficiency obtained from Zai Lab's historical financial statements, Zai Lab is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At present, Zai Lab's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 213.2 M, whereas Total Assets are forecasted to decline to about 754.6 M. Key indicators impacting Zai Lab's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01460.0197
Way Down
Slightly volatile
Current Ratio4.44.6271
Notably Down
Pretty Stable
Investors should never underestimate Zai Lab's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Zai Lab's cash flow, debt, and profitability to make informed and accurate decisions about investing in Zai Lab.

Net Income

(351.35 Million)

  
Understanding current and past Zai Lab Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zai Lab's financial statements are interrelated, with each one affecting the others. For example, an increase in Zai Lab's assets may result in an increase in income on the income statement.
Please note, the presentation of Zai Lab's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zai Lab's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zai Lab's management manipulating its earnings.

Zai Lab Stock Summary

Zai Lab competes with C4 Therapeutics, Erasca, Cullinan Oncology, Legend Biotech, and Alnylam Pharmaceuticals. Zai Lab Limited develops and commercializes therapies to treat oncology, autoimmune disorders, infectious diseases, and neuroscience primarily in Mainland China and Hong Kong. Zai Lab Limited was incorporated in 2013 and is headquartered in Shanghai, China. Zai Lab operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 1951 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS98887Q1040
CUSIP98887Q104
LocationChina
Business AddressJinchuang Plaza, Shanghai,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.zailaboratory.com
Phone86 21 6163 2588
CurrencyUSD - US Dollar

Zai Lab Key Financial Ratios

Zai Lab Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets355.2M1.3B1.6B1.2B1.0B754.6M
Other Current Liab10.3M24.0M46.1M45.5M58.9M61.8M
Other Liab2.9M16.9M27.5M21.4M24.6M25.8M
Net Tangible Assets285.9M1.2B1.4B1.0B1.2B1.3B
Net Debt(54.2M)(423.5M)(948.6M)(988.1M)(775M)(736.3M)
Retained Earnings(444.7M)(713.6M)(1.4B)(1.9B)(2.2B)(2.1B)
Accounts Payable22.7M62.6M126.2M66.0M113.0M118.6M
Cash75.9M442.1M964.1M1.0B790.2M448.6M
Other Current Assets6.7M10.9M18.0M35.7M23.0M12.4M
Total Liab60.5M128.3M230M174.5M240.2M131.0M
Total Current Assets292.5M1.2B1.5B1.1B939.6M693.0M
Intangible Assets8.8M9.4M9.7M8.4M16.5M17.3M
Common Stock3.5K4.1K5K6K6.9K4.2K
Other Assets15.1M110.1M26.5M3.6M4.1M3.9M
Net Invested Capital301.1M1.2B1.4B1.0B796.1M814.3M
Net Working Capital245.8M1.1B1.3B984.5M736.5M759.3M
Short Term Debt10.8M10.4M11.9M7.1M14.2M13.5M
Net Receivables3.8M5.2M54.8M48.6M65.3M68.6M
Inventory6.0M13.1M19.0M31.6M44.8M47.1M

Zai Lab Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense293K181K3.4M14.6M16.8M17.6M
Total Revenue13.0M49.0M144.3M215.0M266.7M280.1M
Gross Profit9.2M32.2M92.1M141.0M170.9M179.4M
Operating Income(203.2M)(301.8M)(700.1M)(404.4M)(366.6M)(384.9M)
Ebit(203.2M)(267.6M)(703.4M)(404.4M)(375.6M)(394.4M)
Research Development142.2M222.7M573.3M286.4M265.9M207.3M
Ebitda(199.4M)(258.7M)(690.8M)(386.7M)(366.6M)(384.9M)
Cost Of Revenue3.7M16.7M52.2M74.0M95.8M100.6M
Income Before Tax(194.3M)(267.8M)(703.4M)(443.1M)(334.6M)(351.4M)
Net Income(183.4M)(298.2M)(692.4M)(482.0M)(334.6M)(351.4M)
Income Tax Expense(11.0M)30.4M(11.0M)38.9M44.8M47.0M
Net Interest Income7.9M4.9M2.2M14.6M38.8M40.8M
Interest Income8.2M5.1M2.2M14.6M38.8M40.8M

Zai Lab Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(6.0M)(7.2M)(7.2M)(15.4M)(14.9M)(14.2M)
Investments350K(544.2M)268.9M420.0M(29.6M)(28.1M)
Change In Cash13.5M366.4M522.0M44.4M(218.0M)(207.1M)
Free Cash Flow(206.3M)(226.7M)(568.2M)(392.6M)(206.7M)(217.0M)
Depreciation3.8M4.6M6.5M8.2M9.0M9.5M
Other Non Cash Items2.5M4.0M67.8M72.4M8.2M7.8M
Capital Expenditures15.2M10.7M18.9M25.0M8.5M12.3M
Net Income(195.1M)(268.9M)(704.5M)(443.3M)(334.6M)(351.4M)
End Period Cash Flow76.4M442.9M964.9M1.0B791.3M449.1M
Change To Netincome23.6M30.0M125.6M133.7M153.7M161.4M

Zai Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zai Lab's current stock value. Our valuation model uses many indicators to compare Zai Lab value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zai Lab competition to find correlations between indicators driving Zai Lab's intrinsic value. More Info.
Zai Lab is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Zai Lab's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zai Lab's earnings, one of the primary drivers of an investment's value.

Zai Lab Systematic Risk

Zai Lab's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zai Lab volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Zai Lab correlated with the market. If Beta is less than 0 Zai Lab generally moves in the opposite direction as compared to the market. If Zai Lab Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zai Lab is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zai Lab is generally in the same direction as the market. If Beta > 1 Zai Lab moves generally in the same direction as, but more than the movement of the benchmark.

Zai Lab Thematic Clasifications

Zai Lab is part of Cancer Fighters investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases
Cancer FightersView
This theme covers Public companies from health care and pharmaceutical sectors that are focused on fighting cancer. Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. Get More Thematic Ideas
Today, most investors in Zai Lab Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zai Lab's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Zai Lab growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0318

At present, Zai Lab's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Zai Lab November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zai Lab help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zai Lab. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zai Lab based on widely used predictive technical indicators. In general, we focus on analyzing Zai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zai Lab's daily price indicators and compare them against related drivers.

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When running Zai Lab's price analysis, check to measure Zai Lab's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zai Lab is operating at the current time. Most of Zai Lab's value examination focuses on studying past and present price action to predict the probability of Zai Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zai Lab's price. Additionally, you may evaluate how the addition of Zai Lab to your portfolios can decrease your overall portfolio volatility.
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