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9688 Stock Chart & Stats
HK$18.27
-HK$0.02(-0.10%)
At close: 4:00 PM EST
HK$18.27
-HK$0.02(-0.10%)
Day’s Range― - ―
52-Week RangeHK$12.31 - HK$26.08
Previous CloseN/A
Volume1.30M
Average Volume (3M)5.66M
Market Cap
HK$21.86B
Enterprise ValueHK$12.52B
Total Cash (Recent Filing)HK$617.52M
Total Debt (Recent Filing)HK$254.58M
Price to Earnings (P/E)―
Beta1.07
Next Earnings
Nov 10, 2026EPS Estimate
-0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.17
Shares Outstanding1,137,828,000
10 Day Avg. Volume3,381,769
30 Day Avg. Volume5,661,271
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)2.68
Price to Sales (P/S)4.17
P/FCF Ratio-12.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$24.91Price Target Upside36.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)-1.74
Revenue Forecast (FY)HK$3.31B
Bulls Say, Bears Say
Bulls Say
Solid Gross MarginA gross margin near 58% indicates that marketed products can generate meaningful value after direct costs. If maintained as the portfolio scales, this provides a foundation for funding commercial investment, absorbing development spending, and improving operating leverage over time.
Moderate LeverageModerate leverage and a sizable equity base provide Zai Lab with greater financial flexibility than a heavily indebted biotechnology company. This balance-sheet support can help sustain clinical development and commercialization efforts while the company works toward profitability.
Improving Cash BurnAlthough cash flow remains negative, a smaller free cash flow loss than in the prior year suggests progress toward better cash discipline. Continued improvement could extend funding capacity and reduce the pace at which the company must rely on its balance sheet.
Bears Say
Sharp Revenue ContractionAn approximately 81% TTM revenue decline materially weakens the earnings outlook and raises questions about the durability of recent commercial scale. Sustained contraction would reduce operating leverage, constrain reinvestment, and make it harder for the portfolio to support the cost base.
Persistent Net LossesA deeply negative net margin shows that product-level profitability has not yet translated into company-wide earnings. Continued losses can consume equity-funded resources, delay self-sustaining growth, and leave future financial performance dependent on meaningful improvement in scale or costs.
Negative Cash GenerationNegative operating and free cash flow means Zai Lab is still consuming cash rather than funding operations internally. Even with improving burn, persistent outflows can limit strategic flexibility and require continued use of available balance-sheet capacity until cash generation turns positive.
Zai Lab Ltd News
9688 FAQ
What was Zai Lab Ltd’s price range in the past 12 months?
Zai Lab Ltd lowest stock price was HK$12.31 and its highest was HK$26.08 in the past 12 months.
What is Zai Lab Ltd’s market cap?
Zai Lab Ltd’s market cap is HK$21.86B.
When is Zai Lab Ltd’s upcoming earnings report date?
Zai Lab Ltd’s upcoming earnings report date is Nov 10, 2026 which is in 29 days.
How were Zai Lab Ltd’s earnings last quarter?
Zai Lab Ltd released its earnings results on Aug 06, 2026. The company reported -HK$0.392 earnings per share for the quarter, beating the consensus estimate of -HK$0.545 by HK$0.153.
Is Zai Lab Ltd overvalued?
According to Wall Street analysts Zai Lab Ltd’s price is currently Undervalued.
Does Zai Lab Ltd pay dividends?
Zai Lab Ltd does not currently pay dividends.
What is Zai Lab Ltd’s EPS estimate?
Zai Lab Ltd’s EPS estimate is -0.43.
How many shares outstanding does Zai Lab Ltd have?
Zai Lab Ltd has 1,137,828,000 shares outstanding.
What happened to Zai Lab Ltd’s price movement after its last earnings report?
Zai Lab Ltd reported an EPS of -HK$0.392 in its last earnings report, beating expectations of -HK$0.545. Following the earnings report the stock price went up 0.763%.
Which hedge fund is a major shareholder of Zai Lab Ltd?
Currently, no hedge funds are holding shares in HK:9688
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Zai Lab Ltd Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.58%
12-Months-Change
Fundamentals
Return on Equity
-27.40%
Trailing 12-Months
Asset Growth
-5.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Zai Lab Ltd
Zai Lab Limited, established in 2013 and based in Shanghai, China, is a biopharmaceutical company dedicated to developing and bringing to market innovative medical treatments. Its core focus spans oncology, autoimmune diseases, infectious diseases, and neurological conditions, primarily serving patients in Mainland China and Hong Kong. The company's portfolio of commercialized products includes Zejula, an oral, once-daily poly polymerase 1/2 inhibitor; Optune, a non-invasive device employing tumor treating fields; NUZYRA for addressing acute bacterial skin and skin structure infections and community-acquired bacterial pneumonia; and Qinlock, indicated for gastrointestinal stromal tumors. Zai Lab also maintains a robust pipeline of investigational therapies. This pipeline features numerous oncology assets such as Odronextamab for various lymphomas, Repotrectinib—a tyrosine kinase inhibitor targeting ROS1 and TRK fusions, Margetuximab for breast and gastroesophageal cancers, Adagrasib for KRAS-G12C-mutated solid tumors, and Bemarituzumab for gastric and gastroesophageal junction cancers. Other notable pipeline candidates include CLN-081 for specific non-small cell lung cancers, multi-targeted kinase inhibitors like Elzovantinib, several monoclonal antibodies (e.g., Tebotelimab, Retifanlimab, ZL-1201), and immune modulators such as Efgartigimod for reducing disease-causing IgG antibodies and ZL-1102 targeting IL-17A. Additionally, the company is advancing therapies like KarXT for psychiatric and neurological disorders, novel EGFR inhibitors (ZL-2313, ZL-2314), a CDC7 kinase inhibitor (ZL-2309), and Sulbactam/durlobactam for serious Acinetobacter infections, showcasing its commitment to a broad range of therapeutic innovations.
9688 Stock 12 Month Forecast
Average Price Target
HK$24.91
▲(36.36% Upside)
Technical Analysis
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