Obermatt

Zai Lab

HKG:9688 · KYG9887T1168
BiotechnologySmall

360

32
Profit price72
Owner Earnings Yield1
Dividend Yield1
Price/Sales35
EV / Gross Profit10
Price/Book23
Return on Capital68
Cash Return on Capital64
Return on Equity69
EBIT Margin49
Gross Profitability50
Accruals50
Owner Earnings Margin66
Sales growth1
Profit growth1
Reinvestment51
Price momentum10
Debt load44
Refinancing42
Debt Payback1
Liquidity10
Analyst ratings73
Opinion Changes50
Price Target Upside57
Market mood93
Value Creation4/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Zai Lab doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryChina
IndustryBiotechnology
SizeSmall
TypePublic Company
ExchangeNASDAQGM
Founded2013
Employees307
ISINKYG9887T1168
Last UpdateApr 2, 2026
Themes
NeurologyChronic DiseasesImmunologyInfectious DiseasesNeuroscienceOncologyPsychiatryCentral Nervous SystemBiotechnologyHealth CarePharmaceutical

Description

Zai Lab Limited, through its wholly owned subsidiaries, is a patient-focused, commercial-stage, global biopharmaceutical company with a substantial presence in both Greater China and the United States. The company is focused on discovering, developi…

Analysis

Middle-of-the-road

Zai Lab Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

Valuation data is not available for this company.

Growth is tepid; the safety picture is stretched. The company scores 4/20 on our value-creation score: not creating value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
39
2026

All-time high

40

Mar 2026

All-time low

39

Jun 2026

Average rank

40

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
35
Price/Earnings
84
Price/Book
23
Dividend Yield
1
Value (overall)
37

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →