← Zai Lab Ltd
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $403k |
$527k
+30.77%
|
$129k
-75.45%
|
$13.0m
+9930.74%
|
$49.0m
+277.04%
|
$144.1m
+194.34%
|
$212.7m
+47.58%
|
$266.7m
+25.41%
|
$397.6m
+49.08%
|
$457.2m
+14.98%
|
$449.6m
-1.66%
|
|
| Other Cost of Operating Revenue | — | — | — | — | — | — | — | — | $742k | $561k | — | |
| Cost of Revenue | $142k |
$186k
+30.77%
|
$44k
-76.58%
|
$3.7m
+8500.60%
|
$16.7m
+346.41%
|
$52.2m
+212.14%
|
$74.0m
+41.69%
|
$95.8m
+29.45%
|
$147.1m
+53.54%
|
$190.5m
+29.50%
|
$195.7m
+2.72%
|
|
| Cost of sales | — | — | ($44k) |
($3.7m)
-8500.60%
|
— | — | — | — | — | — | $195.7m | |
| Gross Profit (derived) | $261k |
$341k
+30.77%
|
$86k
-74.84%
|
$9.2m
+10656.80%
|
$32.2m
+248.87%
|
$91.9m
+185.10%
|
$138.7m
+50.93%
|
$170.9m
+23.26%
|
$250.5m
+46.57%
|
$266.7m
+6.45%
|
$253.9m
-4.78%
|
|
| Research and Development Expense | $32.1m | $39.3m | $120.3m | $142.2m | $222.7m | $573.3m | $286.4m | $265.9m | $234.5m | $220.9m | $236.9m | |
| Selling, General and Administrative Expense | — | — | $21.6m | $70.2m | $111.3m | $218.8m | $259.0m | $281.6m | $298.7m | $277.6m | $281.1m | |
| Selling, general and administrative | ($6.4m) | ($12.0m) | ($21.6m) | ($70.2m) | — | — | — | — | — | — | $281.1m | |
| Amortization of Intangible Assets | $781 | $2k | $15k | $305k | $307k | $493k | $500k | $700k | $3.2m | $5.9m | — | |
| Operating Lease, Expense | $286k | $917k | $1.5m | — | — | — | — | — | — | — | — | |
| Operating expenses: | ||||||||||||
| Loss from operations | ($38.5m) |
($51.4m)
-33.38%
|
($141.8m)
-175.86%
|
($203.2m)
-43.33%
|
($301.8m)
-48.53%
|
($700.1m)
-131.96%
|
($404.4m)
+42.24%
|
($366.6m)
+9.34%
|
($282.1m)
+23.04%
|
($229.4m)
+18.67%
|
— | |
| Operating Income (Loss) | ($38.5m) |
($51.4m)
-33.38%
|
($141.8m)
-175.86%
|
($203.2m)
-43.33%
|
($301.8m)
-48.53%
|
($700.1m)
-131.96%
|
($404.4m)
+42.24%
|
($366.6m)
+9.34%
|
($282.1m)
+23.04%
|
($229.4m)
+18.67%
|
($258.2m)
-12.56%
|
|
| Interest Expense | — | — | $40k | $293k | $181k | $0 | $0 | — | $2.3m | — | $6.0m | |
| Interest income | $403k | $527k | $3.3m | $8.2m | — | — | — | — | — | — | $27.9m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | ($56.4m) | ($14.8m) | ($15.1m) | $19.6m | — | |
| Other Nonoperating Income (Expense) | — | — | — | $938k | $29.1m | ($5.5m) | $3.1m | $7.0m | $5.3m | $3.5m | — | |
| Income (Loss) from Equity Method Investments | ($35.1m) | ($250k) | ($587k) | ($752k) | ($1.1m) | ($1.1m) | ($221k) | $0 | $0 | — | — | |
| Other income, net | — | $530k | $59k | $938k | — | — | — | — | — | — | $45.6m | |
| Loss before income tax and share of loss from equity method investment | ($37.5m) | ($50.1m) | ($138.5m) | ($194.3m) | — | — | — | — | — | — | — | |
| Share of loss from equity method investment | ($35.1m) | ($250k) | ($587k) | ($752k) | ($1.1m) | ($1.1m) | ($221k) | $0 | $0 | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $5.2m | $6.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($37.5m) | ($50.4m) | ($139.1m) | ($195.1m) | ($268.9m) | — | ($443.3m) | ($334.6m) | ($257.1m) | ($178.5m) | ($190.7m) | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | — | — | $0 | $0 | $0 | ($2.9m) | ($2.5m) | |
| Net loss | ($37.5m) | ($50.4m) | ($139.1m) | ($195.1m) | ($268.9m) | — | ($443.3m) | ($334.6m) | ($257.1m) | ($178.5m) | — | |
| Weighted-average shares used in calculating net loss per ordinary share - basic and diluted | $9.4m | $21.8m | $52.6m | $64.4m | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | ($37.5m) |
($50.4m)
-34.31%
|
($139.1m)
-176.03%
|
($195.1m)
-40.26%
|
($268.9m)
-37.85%
|
($704.5m)
-161.98%
|
($443.3m)
+37.08%
|
($334.6m)
+24.51%
|
($257.1m)
+23.17%
|
($175.5m)
+31.73%
|
($188.2m)
-7.22%
|
|
| Earnings Per Share, Basic | ($3.97) | ($2.32) | ($2.64) | ($3.03) | — | — | ($0.46) | ($0.35) | ($0.26) | ($0.16) | ($1.70) | |
| Earnings Per Share, Diluted | ($3.97) | ($2.32) | ($2.64) | ($3.03) | — | — | ($0.46) | ($0.35) | ($0.26) | ($0.16) | ($1.70) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | — | 958.1m | 966.4m | 989.5m | 1.1b | 110.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | 958.1m | 966.4m | 989.5m | 1.1b | 110.8m | |
| Additional Financial Items | ||||||||||||
| Changes in fair value of warrants | ($1.9m) | $200k | — | — | — | — | — | — | — | — | — |