2022 Q4 Form 10-K Financial Statement

#000162828023005832 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $62.60M $215.0M $144.3M
YoY Change 41.73% 49.02% 194.49%
Cost Of Revenue $20.92M $74.02M $52.20M
YoY Change -3.58% 41.8% 212.57%
Gross Profit $41.68M $141.0M $92.10M
YoY Change 85.48% 53.12% 186.02%
Gross Profit Margin 66.58% 65.58% 63.83%
Selling, General & Admin $72.02M $259.0M $218.8M
YoY Change 3.51% 18.36% 96.59%
% of Gross Profit 172.81% 183.64% 237.57%
Research & Development $66.95M $286.4M $573.3M
YoY Change -61.1% -50.04% 157.43%
% of Gross Profit 160.63% 203.09% 622.48%
Depreciation & Amortization $2.127M $8.227M $6.490M
YoY Change 13.14% 26.76% 39.87%
% of Gross Profit 5.1% 5.83% 7.05%
Operating Expenses $139.0M $545.4M $792.2M
YoY Change -42.5% -31.16% 137.11%
Operating Profit -$97.29M -$404.4M -$700.1M
YoY Change -55.61% -42.24% 131.9%
Interest Expense -$47.06M $0.00 $2.200M
YoY Change -4713.33% -100.0% -55.1%
% of Operating Profit
Other Income/Expense, Net $82.58M $3.113M -$5.500M
YoY Change 1103.79% -156.6% -118.9%
Pretax Income -$61.77M -$443.3M -$703.4M
YoY Change -70.77% -36.98% 162.66%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$61.77M -$443.3M -$704.5M
YoY Change -70.84% -37.08% 161.99%
Net Earnings / Revenue -98.67% -206.14% -488.22%
Basic Earnings Per Share -$0.46 -$0.76
Diluted Earnings Per Share -$0.06 -$0.46 -$757.6K
COMMON SHARES
Basic Shares Outstanding 958.1M shares 929.9M shares
Diluted Shares Outstanding 958.1M shares 929.9M shares

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.008B $1.008B $1.409B
YoY Change -28.43% -28.43% 18.73%
Cash & Equivalents $1.008B $1.047M $300.6M
Short-Term Investments $0.00 $0.00 $445.0M
Other Short-Term Assets $35.67M $35.67M $18.00M
YoY Change 98.19% 98.19% 65.14%
Inventory $31.62M $31.62M $19.00M
Prepaid Expenses
Receivables $39.96M $39.96M $47.50M
Other Receivables $8.608M $8.608M $7.300M
Total Short-Term Assets $1.124B $1.124B $1.501B
YoY Change -25.09% -25.09% 23.43%
LONG-TERM ASSETS
Property, Plant & Equipment $57.86M $77.38M $57.30M
YoY Change 0.98% 35.03% 22.17%
Goodwill
YoY Change
Intangibles $1.511M
YoY Change -18.24%
Long-Term Investments $6.431M $6.431M $15.60M
YoY Change -58.78% -58.78% 1100.0%
Other Assets $3.595M $3.595M $2.700M
YoY Change 33.15% 33.15% 42.11%
Total Long-Term Assets $95.80M $95.80M $109.1M
YoY Change -12.19% -12.19% 33.7%
TOTAL ASSETS
Total Short-Term Assets $1.124B $1.124B $1.501B
Total Long-Term Assets $95.80M $95.80M $109.1M
Total Assets $1.220B $1.220B $1.610B
YoY Change -24.21% -24.21% 24.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $65.97M $65.97M $126.2M
YoY Change -47.72% -47.72% 101.6%
Accrued Expenses $38.74M $38.74M $31.60M
YoY Change 22.59% 22.59% 67.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $139.8M $139.8M $192.9M
YoY Change -27.51% -27.51% 96.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $34.70M $37.10M
YoY Change -100.0% -6.46% 22.44%
Total Long-Term Liabilities $0.00 $34.70M $37.10M
YoY Change -100.0% -6.46% 22.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $139.8M $139.8M $192.9M
Total Long-Term Liabilities $0.00 $34.70M $37.10M
Total Liabilities $174.5M $174.5M $230.0M
YoY Change -24.11% -24.11% 79.27%
SHAREHOLDERS EQUITY
Retained Earnings -$1.861B
YoY Change 31.26%
Common Stock $2.893B
YoY Change 2.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.046B $1.046B $1.380B
YoY Change
Total Liabilities & Shareholders Equity $1.220B $1.220B $1.610B
YoY Change -24.21% -24.21% 24.08%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income -$61.77M -$443.3M -$704.5M
YoY Change -70.84% -37.08% 161.99%
Depreciation, Depletion And Amortization $2.127M $8.227M $6.490M
YoY Change 13.14% 26.76% 39.87%
Cash From Operating Activities -$109.3M -$367.6M -$549.2M
YoY Change -28.56% -33.06% 154.2%
INVESTING ACTIVITIES
Capital Expenditures $4.373M $24.59M -$18.95M
YoY Change -167.38% -229.74% 77.6%
Acquisitions
YoY Change
Other Investing Activities $0.00 $445.0M $268.9M
YoY Change -100.0% 65.48% -149.42%
Cash From Investing Activities -$4.373M $420.0M $250.0M
YoY Change -98.45% 68.03% -145.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $824.5M
YoY Change -27.61%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -199.0K -$1.730M 820.2M
YoY Change -28.93% -100.21% -27.57%
NET CHANGE
Cash From Operating Activities -109.3M -$367.6M -549.2M
Cash From Investing Activities -4.373M $420.0M 250.0M
Cash From Financing Activities -199.0K -$1.730M 820.2M
Net Change In Cash -113.9M $44.37M 520.9M
YoY Change -73.81% -91.48% 44.08%
FREE CASH FLOW
Cash From Operating Activities -$109.3M -$367.6M -$549.2M
Capital Expenditures $4.373M $24.59M -$18.95M
Free Cash Flow -$113.7M -$392.2M -$530.3M
YoY Change -22.41% -26.03% 158.18%

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CY2021 us-gaap Increase Decrease In Notes Receivable Current
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CY2020 us-gaap Increase Decrease In Notes Receivable Current
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CY2021 zlab Increase Decrease In Long Term Deposits
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CY2020 us-gaap Increase Decrease In Accounts Payable
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CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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CY2021 us-gaap Payments To Acquire Equity Method Investments
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CY2021 zlab Receivable Recognized For Disposal Of Property And Equipment
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CY2020 zlab Non Cash Payables For Intangible Assets
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CY2022 zlab Non Cash Payable For Public Offering Costs
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 zlab Receivable Recognized For Disposal Of Property And Equipment
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020 us-gaap Interest Paid Net
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CY2022 us-gaap Use Of Estimates
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Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgements, and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Areas where management uses subjective judgment include, but are not limited to, accrual of rebates, recognition of research and development expenses to the appropriate financial reporting period based on the progress of the research and development projects, fair value of share-based compensation expenses, recoverability of deferred tax assets, and a lack of marketability discount of the ordinary shares issued in connection with license and collaboration arrangements (Note 16). These estimates, judgments, and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. Actual results could differ from these estimates.
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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0 usd
CY2022 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
11500000 usd
CY2021 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
4100000 usd
CY2020 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
7300000 usd
CY2022 zlab Reimbursement Period
ReimbursementPeriod
P5Y
CY2022 zlab Reimbursement Revenue Recognized
ReimbursementRevenueRecognized
200000 usd
CY2021 zlab Reimbursement Revenue Recognized
ReimbursementRevenueRecognized
300000 usd
CY2020 zlab Reimbursement Revenue Recognized
ReimbursementRevenueRecognized
300000 usd
CY2022 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
2400000 usd
CY2021 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
200000 usd
CY2020 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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0 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that are potentially subject to significant concentration of credit risk consist of cash and cash equivalents, short-term investments, accounts receivable, and notes receivable. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The carrying amounts of cash and cash equivalents and short-term investments represent the maximum amount of loss due to credit risk. As of December 31, 2022 and 2021, all of the Company’s cash and cash equivalents and short-term investments were held by major financial institutions located in mainland China and international financial institutions outside of mainland China which management believes are of high credit quality and continually monitors the credit worthiness of these financial institutions. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts receivable are typically unsecured and are derived from product sales and collaborative arrangements. The Company manages credit risk of accounts receivable through ongoing monitoring of the outstanding balances and limits the amount of credit extended based upon payment history and credit worthiness. Historically, the Company has collected receivables from customers within the credit terms with no significant credit losses incurred. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain accounts receivable balances may be settled in the form of notes receivable. As of December 31, 2022, notes receivable represented bank acceptance promissory notes that are non-interest bearing and due within six months. Notes receivable were used to collect the receivables based on an administrative convenience, given these notes are readily convertible to be known amounts of cash. In accordance with the sales agreements, whether to use cash or bank acceptance promissory notes to settle the receivables is at the Company’s discretion, and this selection does not impact the agreed contractual purchase prices. </span></div><div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Foreign Currency Risk </span></div>RMB is not a freely convertible currency. The State Administration of Foreign Exchange, under the authority of the People’s Bank of China, controls the conversion of RMB into foreign currencies. The value of RMB is subject to changes in central government policies and to international economic and political developments affecting supply and demand in the China Foreign Exchange Trading System market.
CY2022Q4 us-gaap Cash And Due From Banks
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1007423000 usd
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
663472000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
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1047000 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
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300628000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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1008470000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
964100000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
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800000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
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800000 usd
CY2022Q4 us-gaap Short Term Investments
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0 usd
CY2021Q4 us-gaap Short Term Investments
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445000000.0 usd
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
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0 usd
CY2022Q4 us-gaap Inventory Net
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31600000 usd
CY2021Q4 us-gaap Inventory Net
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19000000.0 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
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12156000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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5632000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
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19029000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
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13231000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
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436000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
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88000 usd
CY2022Q4 us-gaap Inventory Net
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31621000 usd
CY2021Q4 us-gaap Inventory Net
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18951000 usd
CY2022 zlab Inventory Write Down Value
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500000 usd
CY2021 zlab Inventory Write Down Value
InventoryWriteDownValue
1400000 usd
CY2020 zlab Inventory Write Down Value
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0 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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79927000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
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59527000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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22064000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16425000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57863000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43102000 usd
CY2022 us-gaap Depreciation
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7700000 usd
CY2021 us-gaap Depreciation
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6000000.0 usd
CY2020 us-gaap Depreciation
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4300000 usd
CY2022 us-gaap Operating Lease Cost
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8774000 usd
CY2021 us-gaap Operating Lease Cost
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6263000 usd
CY2020 us-gaap Operating Lease Cost
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4539000 usd
CY2022 us-gaap Operating Lease Payments
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8084000 usd
CY2021 us-gaap Operating Lease Payments
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5840000 usd
CY2020 us-gaap Operating Lease Payments
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4056000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2183000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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6393000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7561000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6184000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4586000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1734000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
822000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
391000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
21278000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
885000 usd
CY2022Q4 us-gaap Operating Lease Liability
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20393000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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0.034
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0.023
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RevenueFromContractWithCustomersExcludingAssessedTaxBeforeAdjustmentsForRebatesAndSalesReturn
234009000 usd
CY2021 zlab Revenue From Contract With Customers Excluding Assessed Tax Before Adjustments For Rebates And Sales Return
RevenueFromContractWithCustomersExcludingAssessedTaxBeforeAdjustmentsForRebatesAndSalesReturn
190180000 usd
CY2020 zlab Revenue From Contract With Customers Excluding Assessed Tax Before Adjustments For Rebates And Sales Return
RevenueFromContractWithCustomersExcludingAssessedTaxBeforeAdjustmentsForRebatesAndSalesReturn
57355000 usd
CY2022 zlab Revenue From Contract With Customers Excluding Assessed Tax Adjustments For Rebates And Sales Return
RevenueFromContractWithCustomersExcludingAssessedTaxAdjustmentsForRebatesAndSalesReturn
21337000 usd
CY2021 zlab Revenue From Contract With Customers Excluding Assessed Tax Adjustments For Rebates And Sales Return
RevenueFromContractWithCustomersExcludingAssessedTaxAdjustmentsForRebatesAndSalesReturn
46075000 usd
CY2020 zlab Revenue From Contract With Customers Excluding Assessed Tax Adjustments For Rebates And Sales Return
RevenueFromContractWithCustomersExcludingAssessedTaxAdjustmentsForRebatesAndSalesReturn
8397000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212672000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212672000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48958000 usd
CY2022 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
2400000 usd
CY2021 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
200000 usd
CY2020 us-gaap Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
0 usd
CY2022 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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DeferredTaxAssetsPropertyPlantAndEquipment
98000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
108000 usd
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
84000 usd
CY2022Q4 zlab Deferred Tax Assets Research And Experimental Capitalization
DeferredTaxAssetsResearchAndExperimentalCapitalization
22476000 usd
CY2021Q4 zlab Deferred Tax Assets Research And Experimental Capitalization
DeferredTaxAssetsResearchAndExperimentalCapitalization
0 usd
CY2020Q4 zlab Deferred Tax Assets Research And Experimental Capitalization
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0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1787000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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0 usd
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1800000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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0 usd
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
0 usd
CY2022Q4 zlab Deferred Tax Assets Government Grants
DeferredTaxAssetsGovernmentGrants
189000 usd
CY2021Q4 zlab Deferred Tax Assets Government Grants
DeferredTaxAssetsGovernmentGrants
496000 usd
CY2020Q4 zlab Deferred Tax Assets Government Grants
DeferredTaxAssetsGovernmentGrants
400000 usd
CY2022Q4 zlab Deferred Tax Assets Deferred Revenue
DeferredTaxAssetsDeferredRevenue
3378000 usd
CY2021Q4 zlab Deferred Tax Assets Deferred Revenue
DeferredTaxAssetsDeferredRevenue
3733000 usd
CY2020Q4 zlab Deferred Tax Assets Deferred Revenue
DeferredTaxAssetsDeferredRevenue
2069000 usd
CY2022Q4 zlab Deferred Tax Assets Public Welfare Donations
DeferredTaxAssetsPublicWelfareDonations
12947000 usd
CY2021Q4 zlab Deferred Tax Assets Public Welfare Donations
DeferredTaxAssetsPublicWelfareDonations
10246000 usd
CY2020Q4 zlab Deferred Tax Assets Public Welfare Donations
DeferredTaxAssetsPublicWelfareDonations
7627000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
241397000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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175101000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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284072000 usd
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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94954000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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284072000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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189684000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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105134000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2020Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Operating Loss Carryforwards
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1483200000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
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1089700000 usd
CY2020Q4 us-gaap Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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189684000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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84550000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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189684000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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31689000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
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25685000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
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4080000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
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4319000 usd
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5269000 usd
CY2021Q4 zlab Payables For Purchase Of Property And Equipment Current
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2568000 usd
CY2022Q4 zlab Accrued Rebate To Distributors Current
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8443000 usd
CY2021Q4 zlab Accrued Rebate To Distributors Current
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15001000 usd
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13283000 usd
CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
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8817000 usd
CY2022Q4 zlab Other Payables Current Liabilities
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4054000 usd
CY2021Q4 zlab Other Payables Current Liabilities
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4421000 usd
CY2022Q4 us-gaap Other Liabilities Current
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66818000 usd
CY2021Q4 us-gaap Other Liabilities Current
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60811000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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929921120 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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776677430 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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776677430 shares
CY2022 us-gaap Earnings Per Share Basic
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Basic
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-0.35
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2.79
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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339570000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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4.37
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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1.14
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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7254030 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5.66
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
115969000 usd
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54682520 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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112582000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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14300000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
170400000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
64800000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
61302000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
40714000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24830000 usd
CY2022Q4 zlab Collaborative Arrangement Rights And Obligations Maximum Additional Milestone Payments
CollaborativeArrangementRightsAndObligationsMaximumAdditionalMilestonePayments
5300400000 usd
CY2022 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
11471000 usd
CY2021 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
4113000 usd
CY2020 zlab Cash Grants Recorded In Other Income
CashGrantsRecordedInOtherIncome
7289000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-8952000 usd
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-14617000 usd
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 usd
CY2022 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
594000 usd
CY2021 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
303000 usd
CY2020 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
128000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3113000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10201000 usd
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7417000 usd

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