Valuation Zai Lab Limited Hong Kong S.E.

Stocks

Market Closed - Hong Kong S.E. Other stock markets 06:08:08 12/08/26 pm AEST			5-day change	1st Jan Change
19.67 ^HKD	+6.15%		+36.41%	+44.10%

12/08	Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Tuesday Trading	MT
08/08	Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading; End Week Up 2%	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	6,059	2,946	2,688	2,853	1,962	2,921	-	-
Change	-	-51.37%	-8.77%	6.15%	-31.23%	48.9%	-	-
Enterprise Value (EV) ¹	4,650	1,938	1,897	2,095	1,397	2,464	2,540	2,685
Change	-	-58.33%	-2.13%	10.47%	-33.34%	76.4%	3.12%	5.67%
P/E	-8.29x	-6.63x	-7.9x	-10.1x	-11x	-11.5x	-12.1x	-15.7x
PBR	4.35x	-	3.34x	3.36x	2.73x	5.97x	6.61x	7.1x
PEG	-	0.2x	0.3x	0.4x	0.3x	-0.3x	2.43x	0.7x
Capitalization / Revenue	42x	13.7x	10.1x	7.15x	4.26x	6.91x	5.1x	4.05x
EV / Revenue	32.2x	9.01x	7.11x	5.25x	3.04x	5.83x	4.44x	3.72x
EV / EBITDA	-6.7x	-4.89x	-5.3x	-7.75x	-6.51x	-8.46x	-13.7x	-25.9x
EV / EBIT	-6.64x	-4.79x	-5.17x	-7.43x	-6.09x	-8.16x	-12.7x	-22.1x
EV / FCF	-8.19x	-4.94x	-9.23x	-9.5x	-8.5x	-13.4x	-17.2x	-25.7x
FCF Yield	-12.2%	-20.2%	-10.8%	-10.5%	-11.8%	-7.47%	-5.81%	-3.89%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-7.58	-4.63	-3.46	-2.6	-1.6	-2.265	-2.152	-1.651
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	144.3	215	266.7	399	460.2	422.9	572.6	720.8
EBITDA ¹	-693.6	-396.1	-357.5	-270.3	-214.4	-291.3	-185.4	-103.5
EBIT ¹	-700.1	-404.4	-366.6	-282.1	-229.4	-301.8	-200.2	-121.6
Net income ¹	-704.5	-443.3	-334.6	-257.1	-175.5	-240.5	-178.1	-151.6
Net Debt ¹	-1,409	-1,008	-791.3	-757.9	-565.3	-457.7	-380.8	-236.7
Reference price ²	62.85	30.70	27.33	26.19	17.64	26.00	26.00	26.00
Nbr of stocks (in thousands)	96,409	95,972	98,349	108,937	111,219	112,355	-	-
Announcement Date	1/3/22	1/3/23	27/2/24	27/2/25	26/2/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
REGENERON PHARMACEUTICALS, INC.	18.82x	4.31x	10.12x	0.49%	79.58B
SAMSUNG BIOLOGICS CO.,LTD.	39.18x	13.41x	25.52x	-.--%	52.73B
UCB	22.69x	5x	14.47x	0.64%	49.77B
CSL LIMITED	-52.31x	3.61x	10.67x	2.93%	46.77B
BIOGEN INC.	36.23x	3.36x	12.8x	-.--%	30.13B
INCYTE CORPORATION	54.03x	3.41x	26.46x	-.--%	24.54B
MODERNA, INC.	-7.06x	9.75x	-6.29x	-.--%	24.18B
INNOVENT BIOLOGICS, INC.	71.62x	6.84x	45.04x	-.--%	21.2B
BRIDGEBIO PHARMA, INC.	-30.43x	17.47x	-46.6x	-.--%	16.36B
Average	16.97x	7.46x	10.24x	0.45%	38.36B
Weighted average by Cap.	15.97x	6.72x	12.88x	0.6%