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Zai Lab Limited (ZLAB)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US98887Q1040
CUSIP
98887Q104
IPO Date
Sep 20, 2017

Highlights

Market Cap
$2.08B
Enterprise Value
$1.84B
EPS (TTM)
-$1.60
Total Revenue (TTM)
$460.16M
Gross Profit (TTM)
$269.64M
EBITDA (TTM)
-$179.59M
Year Range
$15.96 - $44.34
Target Price
$35.00
ROA (TTM)
-14.97%
ROE (TTM)
-24.53%

Share Price Chart


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Zai Lab Limited

Often compared with ZLAB:
ZLAB vs. JD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Zai Lab Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Zai Lab Limited (ZLAB) has returned 6.63% so far this year and -47.95% over the past 12 months.


Zai Lab Limited

1D
5.38%
1M
-2.13%
YTD
6.63%
6M
-44.50%
1Y
-47.95%
3Y*
-17.30%
5Y*
-32.17%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 20, 2017, ZLAB's average daily return is +0.07%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2022 with a return of +73.1%, while the worst month was Oct 2022 at -34.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 8 months.

On a daily basis, ZLAB closed higher 49% of trading days. The best single day was Jan 5, 2023 with a return of +41.8%, while the worst single day was Mar 3, 2022 at -20.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-5.90%15.78%-2.13%6.63%
20253.82%27.40%4.33%-12.31%-4.89%16.03%8.09%-12.43%2.39%-22.90%-21.89%-13.57%-32.65%
2024-21.08%-2.74%-23.64%-1.37%12.53%-2.53%9.81%4.78%21.06%25.19%-4.53%-9.22%-4.17%
202337.26%-11.84%-10.47%5.17%-7.12%-14.65%8.40%-15.27%-4.55%3.66%8.29%0.15%-10.98%
2022-20.97%10.13%-19.60%-9.14%-27.18%19.18%16.87%14.01%-25.99%-34.85%73.07%-20.38%-51.15%
202118.27%-7.84%-9.55%24.57%6.89%-0.38%-18.29%-0.08%-27.07%-0.94%-33.67%-9.24%-53.56%

Benchmark Metrics

Zai Lab Limited has an annualized alpha of 4.18%, beta of 1.09, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since September 21, 2017.

  • This stock participated in 77.12% of S&P 500 Index downside but only 23.56% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.09 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.18%
Beta
1.09
0.09
Upside Capture
23.56%
Downside Capture
77.12%

Return for Risk

Risk / Return Rank

ZLAB ranks 11 for risk / return — in the bottom 11% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


ZLAB Risk / Return Rank: 1111
Overall Rank
ZLAB Sharpe Ratio Rank: 99
Sharpe Ratio Rank
ZLAB Sortino Ratio Rank: 99
Sortino Ratio Rank
ZLAB Omega Ratio Rank: 1212
Omega Ratio Rank
ZLAB Calmar Ratio Rank: 1212
Calmar Ratio Rank
ZLAB Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Zai Lab Limited (ZLAB) and compare them to a chosen benchmark (S&P 500 Index).


ZLABBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.77

0.90

-1.67

Sortino ratio

Return per unit of downside risk

-1.09

1.39

-2.48

Omega ratio

Gain probability vs. loss probability

0.88

1.21

-0.34

Calmar ratio

Return relative to maximum drawdown

-0.80

1.40

-2.20

Martin ratio

Return relative to average drawdown

-1.27

6.61

-7.87

Explore ZLAB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Zai Lab Limited doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Zai Lab Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Zai Lab Limited was 92.84%, occurring on Apr 17, 2024. The portfolio has not yet recovered.

The current Zai Lab Limited drawdown is 90.19%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-92.84%Jan 21, 2021815Apr 17, 2024
-56.15%Oct 12, 2017252Oct 11, 2018175Jun 25, 2019427
-29.19%Feb 20, 202018Mar 16, 202023Apr 17, 202041
-20.88%Aug 23, 201943Oct 23, 201913Nov 11, 201956
-18.08%Jul 10, 202051Sep 21, 202012Oct 7, 202063

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Zai Lab Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Zai Lab Limited is priced in the market compared to other companies in the Biotechnology industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for ZLAB relative to other companies in the Biotechnology industry. Currently, ZLAB has a P/S ratio of 4.5. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for ZLAB in comparison with other companies in the Biotechnology industry. Currently, ZLAB has a P/B value of 2.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items