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Zai Lab LimitedSZSC:9688 Stock Report

Market Cap HK$16.7b
Share Price
HK$14.64
n/a
1Y-47.4%
7D-1.1%
Portfolio Value
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Zai Lab Limited

SZSC:9688 Stock Report

Market Cap: HK$16.7b

Zai Lab (9688) Stock Overview

A biopharmaceutical company, focuses on discovering, developing, and commercializing products that address medical conditions in the areas of oncology, immunology, neuroscience, and infectious diseases. More details

9688 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

9688 Community Fair Values

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US$21.53
67.4% undervalued intrinsic discount
stuart_roberts's Fair Value
Profit Margin
20%
Future PE
27x
Price in 2030
US$34.67

Zai Lab Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zai Lab
Historical stock prices
Current Share PriceUS$14.64
52 Week HighUS$35.50
52 Week LowUS$12.31
Beta0.88
1 Month Change0.83%
3 Month Change2.38%
1 Year Change-47.43%
3 Year Change-41.90%
5 Year Changen/a
Change since IPO-44.96%

Recent News & Updates

Recent updates

Shareholder Returns

9688HK BiotechsHK Market
7D-1.1%5.0%1.7%
1Y-47.4%70.3%17.0%

Return vs Industry: 9688 underperformed the Hong Kong Biotechs industry which returned 73% over the past year.

Return vs Market: 9688 underperformed the Hong Kong Market which returned 16.7% over the past year.

Price Volatility

Is 9688's price volatile compared to industry and market?
9688 volatility
9688 Average Weekly Movement6.9%
Biotechs Industry Average Movement8.0%
Market Average Movement6.7%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 9688 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9688's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20131,784Samantha Duwww.zailaboratory.com

Zai Lab Limited, a biopharmaceutical company, focuses on discovering, developing, and commercializing products that address medical conditions in the areas of oncology, immunology, neuroscience, and infectious diseases. Its commercial products include Zejula, an orally administered poly (ADP-ribose) polymerase 1/2 inhibitor for treating ovarian cancer; VYVGART, a human IgG1 antibody fragment for generalized myasthenia gravis and chronic inflammatory demyelinating polyneuropathy; NUZYRA for community-acquired bacterial pneumonia and acute bacterial skin and skin structure infections; Optune for glioblastoma multiforme; Qinlock for gastrointestinal stromal tumors; Xacduro for treating hospital-acquired and ventilator-associated bacterial pneumonia caused by a cinetobacter baumannii-calcoaceticus complex; and Augtyro for the treatment of ROS proto-oncogene 1 and non-small cell lung cancer. Zai Lab Limited has license and collaboration agreements with Tesaro, Inc. to develop, manufacture, and commercialize niraparib; NovoCure Ltd.

Zai Lab Limited Fundamentals Summary

How do Zai Lab's earnings and revenue compare to its market cap?
9688 fundamental statistics
Market capHK$16.73b
Earnings (TTM)-HK$1.37b
Revenue (TTM)HK$3.60b
4.6x
P/S Ratio
-12.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9688 income statement (TTM)
RevenueUS$460.16m
Cost of RevenueUS$411.99m
Gross ProfitUS$48.17m
Other ExpensesUS$223.71m
Earnings-US$175.54m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-1.57
Gross Margin10.47%
Net Profit Margin-38.15%
Debt/Equity Ratio28.6%

How did 9688 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/12 08:33
End of Day Share Price 2026/03/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zai Lab Limited is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rebecca LiangBernstein
Bo LiBofA Global Research
Louise ChenCantor Fitzgerald & Co.