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ZLAB vs. JD
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

ZLAB vs. JD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zai Lab Limited (ZLAB) and JD.com, Inc. (JD). The values are adjusted to include any dividend payments, if applicable.

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ZLAB vs. JD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ZLAB
Zai Lab Limited
6.63%-32.65%-4.17%-10.98%-51.15%-53.56%225.41%79.11%9.37%-23.99%
JD
JD.com, Inc.
3.03%-14.78%23.45%-47.76%-17.87%-20.28%149.50%68.32%-49.47%-6.80%

Fundamentals

Market Cap

ZLAB:

$2.08B

JD:

$41.56B

EPS

ZLAB:

-$1.60

JD:

$13.49

PS Ratio

ZLAB:

4.50

JD:

0.03

PB Ratio

ZLAB:

2.91

JD:

0.18

Total Revenue (TTM)

ZLAB:

$460.16M

JD:

$1.30T

Gross Profit (TTM)

ZLAB:

$269.64M

JD:

$187.00B

EBITDA (TTM)

ZLAB:

-$179.59M

JD:

$30.61B

Returns By Period

In the year-to-date period, ZLAB achieves a 6.63% return, which is significantly higher than JD's 3.03% return.


ZLAB

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

JD

1D
2.18%
1M
11.46%
YTD
3.03%
6M
-15.47%
1Y
-25.97%
3Y*
-10.20%
5Y*
-17.31%
10Y*
1.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Zai Lab Limited

JD.com, Inc.

Return for Risk

ZLAB vs. JD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZLAB
ZLAB Risk / Return Rank: 1212
Overall Rank
ZLAB Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
ZLAB Sortino Ratio Rank: 1010
Sortino Ratio Rank
ZLAB Omega Ratio Rank: 1212
Omega Ratio Rank
ZLAB Calmar Ratio Rank: 1313
Calmar Ratio Rank
ZLAB Martin Ratio Rank: 1717
Martin Ratio Rank

JD
JD Risk / Return Rank: 1414
Overall Rank
JD Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
JD Sortino Ratio Rank: 1111
Sortino Ratio Rank
JD Omega Ratio Rank: 1313
Omega Ratio Rank
JD Calmar Ratio Rank: 1717
Calmar Ratio Rank
JD Martin Ratio Rank: 1919
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.

ZLAB vs. JD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zai Lab Limited (ZLAB) and JD.com, Inc. (JD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


ZLABJDDifference

Sharpe ratio

Return per unit of total volatility

-0.77

-0.76

-0.01

Sortino ratio

Return per unit of downside risk

-1.09

-1.03

-0.06

Omega ratio

Gain probability vs. loss probability

0.88

0.89

-0.01

Calmar ratio

Return relative to maximum drawdown

-0.80

-0.73

-0.07

Martin ratio

Return relative to average drawdown

-1.27

-1.20

-0.07

ZLAB vs. JD - Sharpe Ratio Comparison

The current ZLAB Sharpe Ratio is -0.77, which is comparable to the JD Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of ZLAB and JD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ZLABJDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.77

-0.76

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.42

-0.32

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.07

0.08

-0.15

Correlation

The correlation between ZLAB and JD is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

ZLAB vs. JD - Dividend Comparison

ZLAB has not paid dividends to shareholders, while JD's dividend yield for the trailing twelve months is around 3.38%.


TTM2025202420232022
ZLAB
Zai Lab Limited
0.00%0.00%0.00%0.00%0.00%
JD
JD.com, Inc.
3.38%3.48%2.19%2.15%2.24%

Drawdowns

ZLAB vs. JD - Drawdown Comparison

The maximum ZLAB drawdown since its inception was -92.84%, which is greater than JD's maximum drawdown of -79.12%. Use the drawdown chart below to compare losses from any high point for ZLAB and JD.


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Drawdown Indicators


ZLABJDDifference

Max Drawdown

Largest peak-to-trough decline

-92.84%

-79.12%

-13.72%

Max Drawdown (1Y)

Largest decline over 1 year

-62.12%

-36.72%

-25.40%

Max Drawdown (5Y)

Largest decline over 5 years

-92.38%

-75.63%

-16.75%

Max Drawdown (10Y)

Largest decline over 10 years

-79.12%

Current Drawdown

Current decline from peak

-90.19%

-69.51%

-20.68%

Average Drawdown

Average peak-to-trough decline

-52.57%

-37.11%

-15.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

39.13%

22.39%

+16.74%

Volatility

ZLAB vs. JD - Volatility Comparison

Zai Lab Limited (ZLAB) has a higher volatility of 15.01% compared to JD.com, Inc. (JD) at 11.73%. This indicates that ZLAB's price experiences larger fluctuations and is considered to be riskier than JD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ZLABJDDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.01%

11.73%

+3.28%

Volatility (6M)

Calculated over the trailing 6-month period

31.79%

21.30%

+10.49%

Volatility (1Y)

Calculated over the trailing 1-year period

62.30%

34.35%

+27.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

76.50%

53.69%

+22.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

68.64%

47.93%

+20.71%

Financials

ZLAB vs. JD - Financials Comparison

This section allows you to compare key financial metrics between Zai Lab Limited and JD.com, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00100.00B200.00B300.00B400.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
127.60M
347.42B
(ZLAB) Total Revenue
(JD) Total Revenue
Values in USD except per share items

ZLAB vs. JD - Profitability Comparison

The chart below illustrates the profitability comparison between Zai Lab Limited and JD.com, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-60.0%-40.0%-20.0%0.0%20.0%40.0%60.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
51.6%
15.6%
Portfolio components
ZLAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zai Lab Limited reported a gross profit of 65.83M and revenue of 127.60M. Therefore, the gross margin over that period was 51.6%.

JD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported a gross profit of 54.04B and revenue of 347.42B. Therefore, the gross margin over that period was 15.6%.

ZLAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zai Lab Limited reported an operating income of -69.41M and revenue of 127.60M, resulting in an operating margin of -54.4%.

JD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported an operating income of -4.48B and revenue of 347.42B, resulting in an operating margin of -1.3%.

ZLAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zai Lab Limited reported a net income of -50.41M and revenue of 127.60M, resulting in a net margin of -39.5%.

JD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, JD.com, Inc. reported a net income of -2.68B and revenue of 347.42B, resulting in a net margin of -0.8%.