Stocktoria

Zai Lab Ltd ZLAB

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2020-09-28

Zai Lab Ltd (ZLAB) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $460.2M at a -38.1% net margin.

Chart by TradingView
29/100
Stocktoria Quality Score · grade D
3/9
Piotroski F — financial health
-3.61
Altman Z″ — distress risk · distress
Dividend yield · no dividend
-2.33
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 1 3 4 2 4 3 3 3 201720182019202020212022202320242025
Altman Z″
19.99 4.11 1.73 11.87 5.84 4.38 -1.14 -1.63 -3.61 201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$25.49 as of 2026-08-01 · -23% 1y
$16.60$33.8952-wk

Beneish M-score: -2.33 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$16.4B
Net margin 5y avg-184.5%
Return on equity 5y avg-38.1%
Beta0.78
Employees1,784

Analyst price target

$32.18 +26.3% vs last
consensus: strong buy · 12 analysts
target range $24.25 – $50.00 · median $28.27
2 strong buy · 9 buy · 1 hold
Recent analyst actions
DateFirmRating
2026-08-07CitigroupBuy (main)
2026-05-08CitigroupBuy (main)
2026-03-18JP MorganOverweight (main)
2026-02-27Cantor FitzgeraldOverweight (main)
2026-02-05JP MorganOverweight (main)
2026-01-07UBSBuy (init)

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Forward estimates · earnings calendar →

Forward EPS est.$-2.06

Consensus analyst estimates and scheduled dates — forward-looking, may change.

Revenue trend · last 8y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 27%
Net marginstronger than 30%
Return on equitystronger than 40%
Revenue growthstronger than 73%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 3/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.514
Retained earnings / assets-2.242
EBIT / assets-0.196
Equity / liabilities1.566

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
ZLABZai Lab Ltd3/9-3.61+15.3%
NATRNATURES SUNSHINE PRODUCTS INC6/95.8218.9+5.7%
TVTXTravere Therapeutics, Inc.5/9-5.38+110.5%
BBIOBridgeBio Pharma, Inc.1/9-14.22+126.3%
INVAInnoviva, Inc.3/96.59+14.7%
ARDXARDELYX, INC.2/9-2.34+22.1%
ESPREsperion Therapeutics, Inc.3/9-8.63+21.3%

All Manufacturing companies →

About Zai Lab Ltd

Zai Lab Limited, a biopharmaceutical company, focuses on discovering, developing, and commercializing products that address medical conditions in the areas of oncology, immunology, neuroscience, and infectious diseases. Its commercial products include Zejula, an orally administered poly (ADP-ribose) polymerase 1/2 inhibitor for treating ovarian cancer; VYVGART, a human IgG1 antibody fragment for generalized myasthenia gravis and chronic inflammatory demyelinating polyneuropathy; NUZYRA for community-acquired bacterial pneumonia and acute bacterial skin and skin structure infections; Optune for glioblastoma multiforme; Qinlock for gastrointestinal stromal tumors; Xacduro for treating hospital-acquired and ventilator-associated bacterial pneumonia caused by a cinetobacter baumannii-calcoaceticus complex; and Augtyro for the treatment of ROS proto-oncogene 1 and non-small cell lung cancer. The company has a strategic collaboration with Tesaro, Inc., NovoCure Ltd., Deciphera Pharmaceuticals, LLC, Paratek Bermuda Ltd., argent BV, Turning Point Therapeutics, Inc., Entasis Therapeutics Holdings Inc., Karuna Therapeutics, Inc., Pfizer Inc., Amgen Inc., and with Boehringer Ingelheim GmbH. The company was incorporated in 2013 and is based in Pudong, China.

FAQ

Is ZLAB financially healthy?

Zai Lab Ltd's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does ZLAB pay a dividend?

No, Zai Lab Ltd does not currently pay a dividend.

How profitable is ZLAB?

In FY2025, Zai Lab Ltd had a net margin of -38.1% and a return on equity of -24.5%.

What is the analyst price target for ZLAB?

The average Wall-Street price target for Zai Lab Ltd is $32.18, about 26.3% above the recent price, from 12 analysts (consensus: strong buy).

Is ZLAB a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Zai Lab Ltd: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.