NASDAQ$ZLAB
Zai Lab Limited-ADR · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Zai Lab reported a revenue increase driven by product sales and pipeline advancements.
Zai Lab Limited announced its full-year 2022 financial results, showcasing a 49.0% increase in total revenue compared to 2021, reaching $215.0 million. The company's marketed products, including ZEJULA, Optune, QINLOCK, and NUZYRA, experienced substantial sales growth. Zai Lab is preparing to launch at least 8 additional products and achieve overall corporate profitability by the end of 2025.
- Total revenue increased by 41.7% to $62.6 million compared to Q4 2021.
- ZEJULA achieved 55.2% year-over-year growth in product revenues.
- Company expects to achieve commercial profitability this year.
- Cash position of $1.0 billion as of December 31, 2022.
Headline financials
Revenue & EPS history
Zai Lab · Revenue · Quarterly
$62.6M
Revenue by segment
Zai Lab · $150M total across 2 segments · Q4 2022
- ZEJULA$145M—96.5%
- NUZYRA$5.2M—3.5%
Forward guidance
Zai Lab will focus on regulatory advancements, commercial expansion, and clinical development milestones in 2023.
Tailwinds
- BLA approval and commercial launch for efgartigimod alfa injection for gMG.
- NDA submission to the NMPA for repotrectinib for ROS1+ advanced NSCLC.
- BLA submission to the NMPA for subcutaneous efgartigimod for gMG in mid-2023.
- ZEJULA becoming the leader in PARP inhibitors sales for ovarian cancer in China.
- Significant increase in sales of QINLOCK and NUZYRA following their inclusion on the NRDL.
Headwinds
- Potential delays or rejections in regulatory approvals.
- Uncertainties in clinical trial outcomes.
- Market competition affecting product sales.
- Impact of the COVID-19 pandemic on business operations.
- Risks associated with operating in China.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-0.1%
Avg return
Earnings day
+0.3%
Avg return
5 days after
-0.5%
Avg return
30 days after
45%
13 / 29 earnings
Positive
+26.0%
Q1 2024
Best reaction
-11.2%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.9% | -7.0% | -20.9% | |
| Q4 2025 | +1.7% | -8.6% | -7.2% | |
| Q3 2025 | -6.4% | -11.3% | -21.4% | |
| Q1 2025 | +2.5% | +0.9% | +34.4% | |
| Q4 2024 | -2.0% | -3.1% | +6.3% | |
| Q3 2024 | -3.7% | -13.0% | -14.1% | |
| Q2 2024 | -5.6% | -7.8% | +11.3% | |
| Q1 2024 | +26.0% | +29.0% | +19.9% | |
| Q4 2023 | -0.9% | +0.5% | -23.7% | |
| Q3 2023 | +7.4% | +0.9% | -1.5% | |
| Q2 2023 | -11.2% | -5.4% | +3.5% | |
| Q1 2023 | +1.4% | -9.3% | -24.2% | |
| Q4 2022 | -0.6% | +7.3% | -10.5% | |
| Q3 2022 | +1.9% | +23.9% | +18.7% | |
| Q2 2022 | -5.0% | -6.2% | -8.0% | |
| Q1 2022 | -2.1% | +30.0% | +5.6% | |
| Q4 2021 | -4.0% | -26.0% | -19.6% | |
| Q3 2021 | +0.7% | -2.3% | -22.3% | |
| Q2 2021 | +0.6% | +0.9% | +0.4% | |
| Q1 2021 | -5.1% | -3.3% | +8.3% | |
| Q4 2020 | +0.3% | -7.0% | -9.6% | |
| Q4 2019 | -1.4% | -2.7% | +17.0% | |
| Q1 2020 | -8.7% | +3.1% | +18.3% | |
| Q2 2019 | +4.3% | +4.1% | -4.0% | |
| Q1 2019 | +3.7% | +6.7% | -9.7% | |
| Q4 2018 | +10.4% | +10.4% | +1.6% | |
| Q3 2018 | +6.7% | +13.6% | +13.1% | |
| Q4 2017 | -5.3% | -8.8% | +22.8% | |
| Q3 2017 | -2.2% | -0.6% | +0.3% | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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