Zai Lab's Total Assets for the quarter that ended in Dec. 2023 was $1,036.3 Mil.
During the past 12 months, Zai Lab's average Total Assets Growth Rate was 8.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 27.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 42.70% per year.
During the past 9 years, Zai Lab's highest 3-Year average Total Assets Growth Rate was 267.60%. The lowest was 27.50%. And the median was 75.10%.
Total Assets is connected with ROA %. Zai Lab's annualizedROA % for the quarter that ended in Dec. 2023 was -36.70%. Total Assets is also linked to Revenue through Asset Turnover. Zai Lab's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.
Zai Lab Total Assets Historical Data
The historical data trend for Zai Lab's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Zai Lab's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Zai Lab's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Zai Lab Total Assets Related Terms
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Zai Lab Ltd is a biopharmaceutical company focusing on discovering or licensing, developing, and commercializing proprietary therapeutics that address areas of unmet medical need including in the fields of oncology, autoimmune and infectious diseases. The pipeline of proprietary drug candidates of the company includes ZL-2306 for treatment across multiple solid tumor types including ovarian and certain types of breast and lung cancers; ZL-2401 which is an antibiotic in a new class of tetracycline derivatives; and ZL-2301 is an oral, small molecule which targets HCC.
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