Zai Lab Limited Unsponsored ADR

ZLAB Healthcare Biotechnology

Zai Lab Limited Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $460.2 million, up 15.3% from fiscal 2024.

Revenue
−6.79%
EPS
−24.3%
Free cash flow
−95.5%
Total debt
+24.3%

Quarter to September 2026, against a year earlier

24.91 2.31 +10.22%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
−10.0×
Dividend yield
—
F-score
4/9
Altman Z
−0.24
Beneish M
−2.35
Dividend safety
n/a

Zai Lab Limited Unsponsored ADR (ZLAB) Current ratio

Alert me on Current ratio

Zai Lab Limited Unsponsored ADR's current ratio at the end of the quarter to 30 September 2026 was 2.0×, down 0.4× from fiscal 2025 (2.4×). Over the past ten years it has ranged from 2.4× (fiscal 2025) to 19.1× (fiscal 2017) — the current reading is the lowest in ten years. That is below the Biotechnology industry median of 4.9× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.4× (30.20%)
FY2024 3.5× (24.17%)
FY2023 4.6× (42.45%)
FY2022 8.0× 3.33%
FY2021 7.8× (37.27%)
FY2020 12.4× 97.78%
FY2019 6.3× 13.81%
FY2018 5.5× (71.16%)
FY2017 19.1× 17.56%
FY2016 16.3× 384.21%

Quarterly newest first

Period Current ratio Change
Sep 2026 2.0× (4.46%)
Jun 2026 2.1× (11.29%)
Mar 2026 2.4× (1.85%)
Dec 2025 2.4× (14.69%)
30 more quarters

Against its own ten years

Low 2.4× High 19.1×
Ten-year median 6.3×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
MBX MBX Biosciences, Inc. compare 18.1×
PHVS Pharvaris N.V. compare 11.9×
CLDX Celldex Therapeutics, Inc. compare 11.8×
NAMS NewAmsterdam Pharma Company N.V. compare 11.8×
XNCR Xencor, Inc. compare 6.4×
ADMA ADMA Biologics Inc compare 6.0×
RXRX Recursion Pharmaceuticals, Inc. compare 5.0×
RCUS Arcus Biosciences, Inc. compare 3.3×
ZLAB Zai Lab Limited Unsponsored ADR 2.0×
Biotechnology industry median 4.9×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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