Last 7 days
-4.6%
Last 30 days
11.5%
Last 90 days
-1.7%
Trailing 12 Months
-45.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-17 | Edmondson Frazor Titus III | acquired | - | - | 4,850 | chief legal officer |
2023-08-17 | Edmondson Frazor Titus III | sold (taxes) | -27,623 | 23.39 | -1,181 | chief legal officer |
2023-08-15 | Smiley Joshua L | acquired | - | - | 15,900 | see remarks |
2023-08-15 | Smiley Joshua L | sold (taxes) | -107,226 | 24.52 | -4,373 | see remarks |
2023-06-29 | DIEKMAN JOHN D | acquired | 499,984 | 26.45 | 18,903 | - |
2023-06-29 | Morrison Scott W | acquired | 499,984 | 26.45 | 18,903 | - |
2023-06-29 | Lis William | acquired | 499,984 | 26.45 | 18,903 | - |
2023-06-29 | Du Ying | acquired | 1,901,230 | 26.45 | 71,880 | chairperson & ceo |
2023-06-29 | MOULDER LEON O JR | acquired | 499,984 | 26.45 | 18,903 | - |
2023-06-29 | Chen Kai-Xian | acquired | 499,984 | 26.45 | 18,903 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-07 | Triatomic Management LP | new | - | 360,490 | 360,490 | 0.37% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -121,660 | 610,060 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | sold off | -100 | -895,492 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | unchanged | - | -757 | 3,831 | -% |
2023-08-16 | National Pension Service | sold off | -100 | -825,002 | - | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -42.19 | -2,085,900 | 1,941,100 | -% |
2023-08-15 | Regal Partners Ltd | sold off | -100 | -1,586,470 | - | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | new | - | 367,672 | 367,672 | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | sold off | -100 | -765 | - | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -55.29 | -3,985,340 | 2,368,450 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | qiming venture partners iv, l.p. | 8.1% | 79,229,320 | SC 13G/A | |
Feb 13, 2023 | capital world investors | 0.6% | 5,701,440 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 0.00% | 0 | SC 13G/A | |
Jul 05, 2022 | baillie gifford & co | 4.79% | 46,935,800 | SC 13G/A | |
Feb 14, 2022 | qiming venture partners iv, l.p. | 8.2% | 7,922,932 | SC 13G/A | |
Feb 14, 2022 | du ying | 4.78% | 4,742,042 | SC 13G/A | |
Feb 14, 2022 | invesco ltd. | 7.6% | 7,286,493 | SC 13G | |
Feb 11, 2022 | capital world investors | 5.5% | 5,294,950 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 08, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 21, 2023 | 4 | Insider Trading | |
Aug 21, 2023 | 4 | Insider Trading | |
Aug 17, 2023 | 4 | Insider Trading | |
Aug 07, 2023 | 10-Q | Quarterly Report | |
Aug 07, 2023 | 8-K | Current Report | |
Jul 17, 2023 | 3 | Insider Trading | |
Jul 14, 2023 | F-6EF | F-6EF | |
Jul 06, 2023 | 8-K | Current Report | |
Jun 30, 2023 | 4 | Insider Trading |
5.3%
-31.6%
86.9%
57.7%
41.9%
Y-axis is the maximum loss one would have experienced if Zai Lab was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 |
Revenue | 9.0% | 251,802,000 | 231,114,000 | 215,040,000 | 196,611,000 | 182,174,000 | 170,933,000 | 144,312,000 | 115,235,000 | 86,783,000 | 60,843,000 | 48,958,000 | 38,509,268 | 28,778,000 | 23,710,667 | 12,985,000 | 19,678,928 | 6,840,000 | - |
S&GA Expenses | 1.7% | 269,009,000 | 264,490,000 | 258,971,000 | 256,524,000 | 248,971,000 | 239,984,000 | 218,831,000 | 190,220,000 | 159,092,000 | 128,436,000 | 111,312,000 | 93,370,192 | 83,194,000 | 79,248,000 | 70,211,000 | 57,349,124 | 43,907,016 | 21,576,000 |
R&D Expenses | 3.8% | 291,624,000 | 281,026,000 | 286,408,000 | 391,548,000 | 347,168,000 | 423,308,000 | 573,306,000 | 463,782,000 | 466,738,000 | 392,821,000 | 222,711,000 | 192,244,437 | 185,342,000 | 156,046,667 | 142,221,000 | 213,700,706 | 222,611,160 | 120,278,000 |
EBITDA | 100.0% | - | -401,165,000 | -434,838,000 | -584,637,000 | -520,108,000 | -545,684,000 | -696,927,000 | - | - | -448,960,000 | -264,084,000 | -233,841,429 | -235,428,000 | -208,213,333 | -191,012,000 | -254,116,806 | -252,739,328 | -137,385,223 |
EBITDA Margin | 100.0% | - | -1.74 | -2.02 | -2.97 | -2.86 | -3.19 | -4.83 | - | - | -7.38 | -5.39 | -6.07 | -8.18 | -8.78 | -14.71 | -12.91 | -36.95 | - |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | 181,000 | 236,508 | 270,000 | 286,667 | 293,000 | 208,182 | 110,396 | 40,000 |
Earnings Before Taxes | 4.2% | -392,998,000 | -410,036,000 | -443,065,000 | -592,612,000 | -527,494,000 | -552,482,000 | -703,414,000 | -568,197,000 | -535,601,000 | -453,040,000 | -267,786,000 | -237,867,084 | -239,572,000 | -212,282,666 | -194,319,000 | -256,611,166 | -252,498,668 | -138,488,000 |
EBT Margin | 100.0% | - | -1.77 | -2.06 | -3.01 | -2.90 | -3.23 | -4.87 | -4.94 | -6.18 | -7.46 | -5.49 | -6.20 | -8.34 | -8.98 | -15.02 | -13.07 | -37.26 | - |
Net Income | 4.2% | -392,998,000 | -410,036,000 | -443,286,000 | -593,342,000 | -528,564,000 | -553,955,000 | -704,471,000 | -569,193,000 | -536,522,000 | -453,827,000 | -268,905,000 | -238,788,330 | -240,414,000 | -213,046,666 | -195,071,000 | -257,448,144 | -253,429,608 | -139,075,000 |
Net Income Margin | 100.0% | - | -1.77 | -2.06 | -3.02 | -2.90 | -3.24 | -4.88 | -4.94 | -6.18 | -7.46 | -5.49 | -6.20 | -8.35 | -8.99 | -15.02 | -13.08 | -37.05 | - |
Free Cashflow | 100.0% | - | -368,157,000 | -392,227,000 | -437,894,000 | -472,046,000 | -493,213,000 | -567,526,000 | -457,787,000 | -373,558,000 | -356,484,000 | -226,185,000 | -218,357,656 | -203,407,000 | -200,892,000 | -197,046,000 | -225,470,672 | -179,011,968 | -107,553,027 |
Balance Sheet | (In Millions) | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q2 | 2019Q4 | 2019Q3 | 2018Q4 | 2017Q4 | 2016Q4 |
Assets | -5.4% | 1,106 | 1,170 | 1,220 | 1,299 | 1,419 | 1,501 | 1,610 | 1,728 | 1,895 | 1,131 | 1,298 | 548 | 355 | 392 | 302 | 250 | 89.00 |
Current Assets | -5.1% | 1,018 | 1,072 | 1,124 | 1,210 | 1,336 | 1,393 | 1,501 | 1,619 | 1,809 | 1,049 | 1,216 | 485 | 292 | 329 | 269 | 231 | 84.00 |
Cash Equivalents | -2.4% | 859 | 880 | 1,008 | 1,119 | 681 | 847 | 964 | 1,398 | 1,767 | 1,013 | 442 | 259 | 76.00 | 69.00 | 63.00 | 230 | 84.00 |
Inventory | -5.3% | 36.00 | 38.00 | 32.00 | 29.00 | 23.00 | 20.00 | 19.00 | 12.00 | 11.00 | 13.00 | 13.00 | 7.00 | 6.00 | 1.00 | 0.00 | - | - |
Net PPE | -3.3% | 56.00 | 58.00 | 58.00 | 51.00 | 46.00 | 45.00 | 43.00 | 37.00 | 32.00 | 29.00 | 29.00 | 21.00 | 21.00 | 20.00 | 20.00 | 12.00 | 1.00 |
Liabilities | 3.1% | 174 | 169 | 175 | 193 | 207 | 193 | 230 | 140 | 224 | 122 | 128 | 83.00 | 60.00 | 55.00 | 51.00 | 14.00 | 6.00 |
Current Liabilities | 7.1% | 133 | 125 | 140 | 156 | 169 | 155 | 193 | 112 | 194 | 93.00 | 98.00 | 57.00 | 47.00 | 41.00 | 49.00 | 12.00 | 5.00 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 6.00 | 6.00 | 4.00 | - | - |
Shareholder's Equity | -6.9% | 932 | 1,001 | 1,046 | 1,106 | 1,212 | 1,308 | 1,380 | 1,588 | 1,672 | 1,010 | 1,169 | 465 | 295 | 337 | 251 | 235 | - |
Retained Earnings | -6.3% | -2,031 | -1,910 | -1,861 | -1,799 | -1,638 | -1,500 | -1,418 | -1,206 | -1,109 | -946 | -713 | -573 | -444 | -398 | -249 | -110 | -60.17 |
Additional Paid-In Capital | 0.7% | 2,932 | 2,911 | 2,893 | 2,877 | 2,857 | 2,839 | 2,826 | 2,813 | 2,799 | 1,968 | 1,897 | 1,032 | 735 | 728 | 498 | 345 | 9.00 |
Shares Outstanding | 0.5% | 969 | 964 | 960 | 960 | 958 | 955 | 955 | 950 | 930 | 884 | 88.00 | 74.00 | 64.00 | 68.00 | 53.00 | 22.00 | 9.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 | 2018Q3 | 2017Q4 | 2016Q4 |
Cashflow From Operations | -3.9% | -363 | -349 | -367 | -411 | -445 | -466 | -549 | -440 | -359 | -345 | -216 | -211 | -200 | -196 | -191 | -224 | -178 | -97.54 | -70.54 | -32.37 | -32.16 |
Share Based Compensation | 9.6% | 72.00 | 66.00 | 61.00 | 58.00 | 50.00 | 46.00 | 41.00 | 33.00 | 29.00 | 26.00 | 25.00 | 26.00 | 24.00 | 23.00 | 20.00 | 19.00 | 17.00 | 12.00 | 11.00 | 10.00 | 5.00 |
Cashflow From Investing | 39.5% | 553 | 396 | 420 | 143 | -631 | -522 | 250 | 731 | 190 | 138 | -554 | -705 | 85.00 | 187 | -14.89 | 83.00 | -0.54 | -212 | -283 | -10.43 | -2.73 |
Cashflow From Financing | 17.1% | -4.87 | -5.87 | -1.73 | -1.81 | -2.99 | 821 | 820 | 928 | 1,672 | 853 | 1,132 | 1,025 | 283 | 375 | 219 | 5.00 | 7.00 | 144 | 190 | 188 | 106 |
Unaudited Condensed Consolidated Statements of Operations - USD ($) | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Product revenue, net | $ 68,864,000 | $ 47,575,000 | $ 131,661,000 | $ 93,670,000 |
Collaboration revenue | 0 | 601,000 | 0 | 1,230,000 |
Total revenues | 68,864,000 | 48,176,000 | 131,661,000 | 94,900,000 |
Expenses: | ||||
Cost of sales | (23,763,000) | (17,407,000) | (45,100,000) | (33,051,000) |
Research and development | (76,682,000) | (66,084,000) | (125,153,000) | (119,938,000) |
Selling, general, and administrative | (67,920,000) | (63,401,000) | (130,430,000) | (120,392,000) |
Gain on sale of intellectual property | 10,000,000 | 0 | 10,000,000 | 0 |
Loss from operations | (89,501,000) | (98,716,000) | (159,022,000) | (178,481,000) |
Interest income | 10,090,000 | 1,175,000 | 20,321,000 | 1,363,000 |
Foreign currency loss | (40,079,000) | (34,895,000) | (31,167,000) | (32,610,000) |
Other expense, net | (1,405,000) | (5,497,000) | (171,000) | (10,378,000) |
Loss before income tax and share of loss from equity method investment | (120,895,000) | (137,933,000) | (170,039,000) | (220,106,000) |
Income tax expense | 0 | 0 | 0 | 0 |
Share of loss from equity method investment | 0 | 0 | 0 | (221,000) |
Net loss | (120,895,000) | (137,933,000) | (170,039,000) | (220,327,000) |
Net loss attributable to ordinary shareholders - basic | (120,895,000) | (137,933,000) | (170,039,000) | (220,327,000) |
Net loss attributable to ordinary shareholders - diluted | $ (120,895,000) | $ (137,933,000) | $ (170,039,000) | $ (220,327,000) |
Loss per share/ADS - basic (in dollars per share) | $ (0.13) | $ (0.14) | $ (0.18) | $ (0.23) |
Loss per share/ADS - diluted (in dollars per share) | $ (0.13) | $ (0.14) | $ (0.18) | $ (0.23) |
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) | 964,817,310 | 957,684,820 | 963,140,360 | 956,603,250 |
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) | 964,817,310 | 957,684,820 | 963,140,360 | 956,603,250 |
American Depositary Shares | ||||
Expenses: | ||||
Loss per share/ADS - basic (in dollars per share) | $ (1.25) | $ (1.44) | $ (1.77) | $ (2.30) |
Loss per share/ADS - diluted (in dollars per share) | $ (1.25) | $ (1.44) | $ (1.77) | $ (2.30) |
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) | 96,481,731 | 95,768,482 | 96,314,036 | 95,660,325 |
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) | 96,481,731 | 95,768,482 | 96,314,036 | 95,660,325 |
Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 859,155 | $ 1,008,470 |
Short-term investments | 15,500 | 0 |
Accounts receivable (net of allowance for credit loss of $14 and $11 as of June 30, 2023 and December 31, 2022, respectively) | 47,283 | 39,963 |
Notes receivable | 20,781 | 8,608 |
Inventories, net | 36,353 | 31,621 |
Prepayments and other current assets | 38,433 | 35,674 |
Total current assets | 1,017,505 | 1,124,336 |
Restricted cash, non-current | 1,791 | 803 |
Long term investments | 5,128 | 6,431 |
Prepayments for equipment | 665 | 1,396 |
Property and equipment, net | 56,410 | 57,863 |
Operating lease right-of-use assets | 18,537 | 19,512 |
Land use rights, net | 3,067 | 6,892 |
Intangible assets, net | 1,690 | 1,511 |
Long-term deposits | 1,580 | 1,396 |
Total assets | 1,106,373 | 1,220,140 |
Current liabilities: | ||
Accounts payable | 67,031 | 65,974 |
Current operating lease liabilities | 7,299 | 7,050 |
Other current liabilities | 59,024 | 66,818 |
Total current liabilities | 133,354 | 139,842 |
Deferred income | 28,625 | 21,360 |
Non-current operating lease liabilities | 11,755 | 13,343 |
Other non-current liabilities | 325 | 0 |
Total liabilities | 174,059 | 174,545 |
Commitments and contingencies (Note 15) | ||
Shareholders’ equity | ||
Ordinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized; 973,355,390 and 962,455,850 shares issued as of June 30, 2023 and December 31, 2022, respectively; 968,566,280 and 960,219,570 shares outstanding as of June 30, 2023 and December 31, 2022, respectively) | 6 | 6 |
Additional paid-in capital | 2,932,053 | 2,893,120 |
Accumulated deficit | (2,031,399) | (1,861,360) |
Accumulated other comprehensive income | 52,180 | 25,685 |
Treasury Stock (at cost, 4,789,110 and 2,236,280 shares as of June 30, 2023 and December 31, 2022, respectively) | (20,526) | (11,856) |
Total shareholders’ equity | 932,314 | 1,045,595 |
Total liabilities and shareholders’ equity | $ 1,106,373 | $ 1,220,140 |