Company Financials

Zai Lab Ltd Financials

Hong Kong dollar

business Zai Lab Ltd Company Profile

Main Stock Listing

HKEX: 9688

Market Capitalization HK$17.53 Billion as of Jan. 1, 2026

Market Cap History

Valuations Metrics as of Jan. 3, 2026

Trailing PE -52.23
Forward PE 211.86
Price to Sales TTM HK$34.24
Price to Book MRQ HK$0.26
Enterprise to Revenue 33.06
Enterprise to EBITDA -68.28

Financial Reports as of Sep. 30, 2025

Financials

Fiscal Year Ends 2024-12-31
Most Recent Quarter 2025-09-30
Profit Margin -46.83%
Operating Margin -42.05%
Return on Assets TTM -13.29%
Return on Equity TTM -28.97%

Income Statement

Revenue TTM HK$3,437,564,996
Revenue per Share TTM HK$4.11
Quarterly Revenue Growth 13.50%
Gross Profit TTM HK$315,673,225
EBITDA HK$-1,664,128,304
Net Income to Common TTM HK$-1,609,789,449
Diluted EPS TTM HK$-1.48
Quarterly Earnings Growth YoY 13.63%

Balance Sheet

Total Cash MRQ HK$5,582,212,665
Total Cash per Share MRQ HK$0.65
Total Debt MRQ HK$
Total Debt to Equity MRQ 28.87
Current Ratio MRQ 2.87
Book Value per Share MRQ HK$53.47

Cash Flow

Operating Cash Flow TTM HK$-1,405,261,532
Levered Free Cash Flow TTM HK$-1,407,817,493

9688 Stock Info as of Jan. 3, 2026

Stock Statistics

Shares Outstanding 1,105,865,950
Float Shares 1,086,539,454
Avg 10 Volume 10,714,827
Avg 30 Volume None
Shares Short None
Short Ratio
Short % of Shares %
% Held by Insiders 1.78%
% Held by Institutions 34.26%

Stock Price Summary

Beta 0.87
Fifty Two Week Low HK$13.17
Fifty Two Week High HK$35.50
Fifty Two Week Change -42.71%
Day 50 MA HK$16.35
Day 200 MA HK$23.97

Dividends and Splits

Forward Annual Dividend Rate HK$
Forward Annual Dividend Yield %
Trailing Annual Dividend Rate HK$0.00
Trailing Annual Dividend Yield 0.00%
Payout Ratio 0.00%
Dividend Date
Ex Dividend Date
Last Split Factor
Last Split Date 2022-03-30