Zai Lab Ltd financial data

Symbol
ZLAB on Nasdaq
Location
Shanghai
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 06 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 317% % -16.77%
Quick Ratio 17% % -3.75%
Debt-to-equity 46% % 27%
Return On Equity -25.82% % 30%
Return On Assets -17.67% % 35%
Operating Margin -51.61% % 46%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 1,105,865,950 shares 12%
Entity Public Float $1,700,000,000 USD -37.04%
Common Stock, Value, Issued $7,000 USD 17%
Weighted Average Number of Shares Outstanding, Basic 1,102,072,680 shares 12%
Weighted Average Number of Shares Outstanding, Diluted 1,102,072,680 shares 12%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $441,629,000 USD 24%
Revenue from Contract with Customer, Excluding Assessed Tax $438,608,000 USD 24%
Cost of Revenue $108,098,000 USD 36%
Research and Development Expense $211,523,000 USD -19.94%
Operating Income (Loss) $-227,919,000 USD 33%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $-206,812,000 USD 24%
Income Tax Expense (Benefit) $0 USD
Net Income (Loss) Attributable to Parent $-206,812,000 USD 24%
Earnings Per Share, Basic 0 USD/shares 26%
Earnings Per Share, Diluted 0 USD/shares 26%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $717,155,000 USD 16%
Accounts Receivable, after Allowance for Credit Loss, Current $85,377,000 USD 71%
Inventory, Net $67,135,000 USD 70%
Assets, Current $1,032,948,000 USD 20%
Property, Plant and Equipment, Net $48,868,000 USD -3.74%
Operating Lease, Right-of-Use Asset $15,751,000 USD 23%
Intangible Assets, Net (Excluding Goodwill) $55,278,000 USD 7%
Other Assets, Noncurrent $2,128,000 USD
Assets $1,158,940,000 USD 18%
Accounts Payable, Current $99,706,000 USD -17.36%
Employee-related Liabilities, Current $24,428,000 USD 1.5%
Liabilities, Current $359,769,000 USD 26%
Operating Lease, Liability, Noncurrent $10,840,000 USD 77%
Other Liabilities, Noncurrent $325,000 USD 0%
Liabilities $398,995,000 USD 26%
Accumulated Other Comprehensive Income (Loss), Net of Tax $39,645,000 USD 40%
Retained Earnings (Accumulated Deficit) $-2,578,211,000 USD -8.72%
Stockholders' Equity Attributable to Parent $759,945,000 USD 14%
Liabilities and Equity $1,158,940,000 USD 18%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $-61,699,000 USD 32%
Net Cash Provided by (Used in) Financing Activities $43,141,000 USD -9.27%
Net Cash Provided by (Used in) Investing Activities $326,133,000 USD 9,807%
Common Stock, Shares Authorized 5,000,000,000 shares 0%
Common Stock, Shares, Issued 1,113,299,160 shares 13%
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 $307,595,000 USD
Interest Paid, Excluding Capitalized Interest, Operating Activities $1,101,000 USD 2,347%
Deferred Tax Assets, Valuation Allowance $394,778,000 USD 10%
Operating Lease, Liability $21,760,000 USD 44%
Depreciation $8,800,000 USD 0%
Payments to Acquire Property, Plant, and Equipment $1,534,000 USD 57%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $-195,437,000 USD 33%
Lessee, Operating Lease, Liability, to be Paid $23,159,000 USD 48%
Property, Plant and Equipment, Gross $89,456,000 USD 2.7%
Operating Lease, Liability, Current $5,496,000 USD -16.54%
Lessee, Operating Lease, Liability, to be Paid, Year Two $4,994,000 USD -2.9%
Lessee, Operating Lease, Liability, to be Paid, Year One $8,611,000 USD 16%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,399,000 USD 204%
Lessee, Operating Lease, Liability, to be Paid, Year Three $3,725,000 USD 106%
Deferred Tax Assets, Operating Loss Carryforwards $321,068,000 USD 8.7%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $2,908,000 USD 254%
Amortization of Intangible Assets $5,500,000 USD 114%
Depreciation, Depletion and Amortization $3,458,000 USD 15%
Deferred Tax Assets, Net of Valuation Allowance $3,768,000 USD 33%
Share-based Payment Arrangement, Expense $66,934,000 USD -9.4%
Interest Expense $113,000 USD