Zai Lab Stock Fundamentals

ZLAB Stock  USD 17.64  0.69  3.76%   
As of the 27th of January, Zai Lab maintains the Mean Deviation of 1.89, standard deviation of 2.52, and Market Risk Adjusted Performance of (6.14). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zai Lab, as well as the relationship between them.

Zai Lab Total Revenue

481.78 Million

Zai Lab's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Zai Lab's valuation are provided below:
Gross Profit
40.6 M
Profit Margin
(0.47)
Market Capitalization
B
Enterprise Value Revenue
3.4637
Revenue
441.6 M
We have found one hundred twenty available fundamental gauges for Zai Lab, which can be analyzed and compared to other ratios and to its peers. All investors should make sure to confirm all of Zai Lab prevalent market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 2.5 B. The current year's Enterprise Value is expected to grow to about 2.2 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
At present, Zai Lab's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 4.3 M, whereas Other Operating Expenses is forecasted to decline to about 395.3 M.
  
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Zai Lab Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets809.5 M1.4 B564.8 M
Slightly volatile
Other Current Liabilities31.4 M61.6 M23 M
Slightly volatile
Total Current Liabilities361.5 M344.3 M104.4 M
Slightly volatile
Other Liabilities25.8 M24.6 M9.8 M
Slightly volatile
Property Plant And Equipment Net43.5 M79.9 M30.7 M
Slightly volatile
Accounts Payable59.4 M116 M42.5 M
Slightly volatile
Cash453.2 M517.1 M303.3 M
Slightly volatile
Non Current Assets Total163.3 M155.6 M56.5 M
Slightly volatile
Cash And Short Term Investments666.2 M896.6 M452.1 M
Slightly volatile
Common Stock Total EquityK5.8 K2.8 K
Slightly volatile
Common Stock Shares Outstanding66.3 M113.8 M46.3 M
Slightly volatile
Liabilities And Stockholders Equity809.5 M1.4 B564.8 M
Slightly volatile
Non Current Liabilities Total29.3 M40.9 M34 M
Very volatile
Capital Surpluse887.2 M844.9 M412.9 M
Slightly volatile
Other Current Assets170.9 M162.8 M33.9 M
Slightly volatile
Other Stockholder Equity3.9 B3.7 B1.4 B
Slightly volatile
Total Liabilities416.4 M396.6 M140.6 M
Slightly volatile
Property Plant And Equipment Gross128.7 M122.6 M44.5 M
Slightly volatile
Preferred Stock Total Equity89.5 M154.7 M95.6 M
Slightly volatile
Total Current Assets739.3 M1.2 B513.8 M
Slightly volatile
Intangible Assets71.2 M67.8 M14.8 M
Slightly volatile
Common Stock4.6 K8.1 K3.3 K
Slightly volatile
Property Plant Equipment93.4 M89 M34.9 M
Slightly volatile
Non Currrent Assets Other3.2 M3.4 M6.7 M
Pretty Stable
Other Assets3.9 M4.1 M12.1 M
Pretty Stable
Long Term Investments5.3 M3.6 M3.2 M
Slightly volatile
Current Deferred Revenue26.9 M28.3 M1.3 B
Slightly volatile
Net Invested Capital846.3 M1.1 B574.4 M
Slightly volatile
Net Working Capital767.6 M863.8 M514.4 M
Slightly volatile
Short Term Debt119.5 M125.8 M1.2 B
Slightly volatile
Short and Long Term Debt Total185.3 M176.5 M37.6 M
Slightly volatile
Net Receivables108 M102.8 M28.2 M
Slightly volatile
Inventory24.3 M45.9 M13.2 M
Slightly volatile
Short and Long Term Debt159 M151.5 M59.3 M
Slightly volatile
Capital Stock5.9 K8.1 K4.7 K
Slightly volatile
Capital Lease Obligations19.6 M25 M17 M
Slightly volatile
Non Current Liabilities Other260 K292.5 K319.3 K
Slightly volatile

Zai Lab Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization24.5 M23.3 M6.1 M
Slightly volatile
Interest Expense4.3 M2.6 M3.2 M
Slightly volatile
Selling General Administrative360.7 M343.6 M114.1 M
Slightly volatile
Other Operating Expenses395.3 M783.3 M285.5 M
Slightly volatile
Research Development212.3 M269.7 M145.9 M
Slightly volatile
Total Operating Expenses327.8 M613.2 M235.5 M
Slightly volatile
Net Interest Income42.1 M40.1 M11.3 M
Slightly volatile
Interest Income44.8 M42.7 M11.8 M
Slightly volatile
Reconciled Depreciation14.3 M13.6 M4.6 M
Slightly volatile
Selling And Marketing Expenses74.3 M70.7 M26.6 M
Slightly volatile

Zai Lab Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation85.3 M81.2 M29.8 M
Slightly volatile
Begin Period Cash Flow955.5 M910 M328.4 M
Slightly volatile
Depreciation14.3 M13.6 M4.4 M
Slightly volatile
Capital Expenditures74.3 M70.8 M18.3 M
Slightly volatile
End Period Cash Flow464.8 M633.4 M317 M
Slightly volatile
Change To Netincome161.4 M153.7 M56.1 M
Slightly volatile
Dividends Paid12.8 M14.4 M15.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.297.671.7 K
Slightly volatile
Days Sales Outstanding12494.06179
Slightly volatile
Average Payables21.9 M20.9 M13.8 M
Slightly volatile
Stock Based Compensation To Revenue0.190.250.2208
Slightly volatile
Capex To Depreciation6.45.975.8704
Pretty Stable
Inventory Turnover3.814.267.268
Slightly volatile
Days Of Inventory On Hand108113114
Slightly volatile
Payables Turnover1.381.320.4113
Slightly volatile
Sales General And Administrative To Revenue0.820.863.6795
Slightly volatile
Research And Ddevelopement To Revenue0.640.68493
Slightly volatile
Capex To Revenue0.170.1841.5063
Slightly volatile
Cash Per Share0.670.715.2528
Pretty Stable
Days Payables Outstanding272286166.3 K
Slightly volatile
Income Quality0.620.750.7181
Slightly volatile
Intangibles To Total Assets0.0470.04470.012
Slightly volatile
Net Debt To EBITDA1.881.41.4391
Slightly volatile
Current Ratio3.834.046.5597
Very volatile
Receivables Turnover3.424.022.8761
Slightly volatile
Debt To Equity0.170.160.046
Slightly volatile
Capex Per Share0.06790.07150.1462
Very volatile
Revenue Per Share0.340.360.5008
Slightly volatile
Interest Debt Per Share0.210.180.1352
Slightly volatile
Debt To Assets0.120.12940.035
Slightly volatile
Operating Cycle354207300
Very volatile
Days Of Payables Outstanding272286166.3 K
Slightly volatile
Ebt Per Ebit1.081.051.0258
Slightly volatile
Total Debt To Capitalization0.150.140.0416
Slightly volatile
Debt Equity Ratio0.170.160.046
Slightly volatile
Quick Ratio3.693.886.4867
Very volatile
Net Income Per E B T0.820.981.0088
Very volatile
Cash Ratio1.641.734.923
Pretty Stable
Days Of Inventory Outstanding108113114
Slightly volatile
Days Of Sales Outstanding12494.06179
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.891.161.0854
Very volatile
Fixed Asset Turnover5.435.171.5811
Slightly volatile
Debt Ratio0.120.12940.035
Slightly volatile
Price Sales Ratio7.297.671.7 K
Slightly volatile
Asset Turnover0.320.30.0916
Slightly volatile
Gross Profit Margin0.730.720.6678
Pretty Stable

Zai Lab Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.5 B2.4 B666.9 M
Slightly volatile

Zai Fundamental Market Drivers

Zai Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Zai Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Zai Lab is extremely important. It helps to project a fair market value of Zai Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Zai Lab's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zai Lab's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zai Lab's interrelated accounts and indicators.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zai Lab. If investors know Zai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
4.106
Quarterly Revenue Growth
0.135
Return On Assets
(0.13)
Return On Equity
(0.29)
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Zai Lab 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Zai Lab's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Zai Lab.
0.00
10/29/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/27/2026
0.00
If you would invest  0.00  in Zai Lab on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Zai Lab or generate 0.0% return on investment in Zai Lab over 90 days. Zai Lab is related to or competes with Legend Biotech, Disc Medicine, Ascentage Pharma, Scholar Rock, Ideaya Biosciences, Centessa Pharmaceuticals, and Xenon Pharmaceuticals. Zai Lab Limited develops and commercializes therapies to treat oncology, autoimmune disorders, infectious diseases, and ... More

Zai Lab Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Zai Lab's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Zai Lab upside and downside potential and time the market with a certain degree of confidence.

Zai Lab Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zai Lab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zai Lab's standard deviation. In reality, there are many statistical measures that can use Zai Lab historical prices to predict the future Zai Lab's volatility.
Hype
Prediction
LowEstimatedHigh
15.0317.5220.01
Details
Intrinsic
Valuation
LowRealHigh
15.8824.8427.33
Details
Naive
Forecast
LowNextHigh
14.4816.9619.45
Details
12 Analysts
Consensus
LowTargetHigh
43.2247.5052.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zai Lab. Your research has to be compared to or analyzed against Zai Lab's peers to derive any actionable benefits. When done correctly, Zai Lab's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zai Lab.

Zai Lab January 27, 2026 Technical Indicators

Zai Lab Backtested Returns

Zai Lab shows Sharpe Ratio of -0.23, which attests that the company had a -0.23 % return per unit of risk over the last 3 months. Zai Lab exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zai Lab's Mean Deviation of 1.89, standard deviation of 2.52, and Market Risk Adjusted Performance of (6.14) to validate the risk estimate we provide. The firm maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zai Lab's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zai Lab is expected to be smaller as well. At this point, Zai Lab has a negative expected return of -0.56%. Please make sure to check out Zai Lab's value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Zai Lab performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.65  

Very good reverse predictability

Zai Lab has very good reverse predictability. Overlapping area represents the amount of predictability between Zai Lab time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zai Lab price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Zai Lab price fluctuation can be explain by its past prices.
Correlation Coefficient-0.65
Spearman Rank Test-0.58
Residual Average0.0
Price Variance0.41
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Zai Common Stock Shares Outstanding

Common Stock Shares Outstanding

66.29 Million

At present, Zai Lab's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Zai Lab has 110.59 M of shares currently outstending. This is 38.74% lower than that of the Biotechnology sector and 3.5% higher than that of the Health Care industry. The shares outstanding for all United States stocks is 80.66% higher than that of the company.

Zai Lab Fundamental Drivers 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 fourth in return on equity category among its peers. It is rated fourth 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 Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zai Lab's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zai Lab could also be used in its relative valuation, which is a method of valuing Zai Lab by comparing valuation metrics of similar companies.
Zai Lab is currently under evaluation in shares outstanding category among its peers.

Zai Lab Current Valuation Drivers

We derive many important indicators used in calculating different scores of Zai Lab from analyzing Zai Lab's financial statements. These drivers represent accounts that assess Zai Lab's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Zai Lab's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap603.4M301.7M256.1M2.7B2.4B2.5B
Enterprise Value(345.2M)(686.4M)(518.9M)2.4B2.1B2.2B

Zai Lab ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zai Lab's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zai Lab's managers, analysts, and investors.
Environmental
Governance
Social

Zai Fundamentals

About Zai Lab Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zai Lab's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zai Lab using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zai Lab based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue28.3 M26.9 M
Total Revenue458.8 M481.8 M
Cost Of Revenue170 M178.5 M
Stock Based Compensation To Revenue 0.20  0.19 
Sales General And Administrative To Revenue 0.86  0.82 
Research And Ddevelopement To Revenue 0.68  0.64 
Capex To Revenue 0.18  0.17 
Revenue Per Share 0.36  0.34 
Ebit Per Revenue(0.64)(0.67)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:
Check out Zai Lab Piotroski F Score and Zai Lab Altman Z Score analysis.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zai Lab. If investors know Zai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
4.106
Quarterly Revenue Growth
0.135
Return On Assets
(0.13)
Return On Equity
(0.29)
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.