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CASI vs ZLAB
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
CASI vs ZLAB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $2M | $2.32B |
| Revenue (TTM) | $27M | $460M |
| Net Income (TTM) | $-49M | $-176M |
| Gross Margin | 35.8% | 58.5% |
| Operating Margin | -168.0% | -49.9% |
| Total Debt | $22M | $224M |
| Cash & Equiv. | $13M | $680M |
CASI vs ZLAB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | Mar 26 | Return |
|---|---|---|---|
| CASI Pharmaceutical… (CASI) | 100 | 0.6 | -99.4% |
| Zai Lab Limited (ZLAB) | 100 | 25.8 | -74.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CASI vs ZLAB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CASI is the clearest fit if your priority is dividends.
- 31.1% yield; the other pay no meaningful dividend
ZLAB carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 15.3%, EPS growth 38.5%, 3Y rev CAGR 28.9%
- -24.8% 10Y total return vs CASI's -98.9%
- Lower volatility, beta 1.21, Low D/E 31.3%, current ratio 2.45x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.3% revenue growth vs CASI's -15.8% | |
| Quality / Margins | -38.1% margin vs CASI's -183.9% | |
| Stability / Safety | Lower D/E ratio (31.3% vs 12.0%) | |
| Dividends | 31.1% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | -28.5% vs CASI's -91.6% | |
| Efficiency (ROA) | -15.0% ROA vs CASI's -131.5%, ROIC -42.8% vs -153.0% |
CASI vs ZLAB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CASI vs ZLAB — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ZLAB leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ZLAB is the larger business by revenue, generating $460M annually — 17.1x CASI's $27M. ZLAB is the more profitable business, keeping -38.1% of every revenue dollar as net income compared to CASI's -183.9%. On growth, ZLAB holds the edge at +17.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $27M | $460M |
| EBITDAEarnings before interest/tax | -$44M | -$214M |
| Net IncomeAfter-tax profit | -$49M | -$176M |
| Free Cash FlowCash after capex | $0 | -$159M |
| Gross MarginGross profit ÷ Revenue | +35.8% | +58.5% |
| Operating MarginEBIT ÷ Revenue | -168.0% | -49.9% |
| Net MarginNet income ÷ Revenue | -183.9% | -38.1% |
| FCF MarginFCF ÷ Revenue | -103.2% | -34.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -60.5% | +17.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -23.6% | +42.5% |
Valuation Metrics
CASI leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $2M | $2.3B |
| Enterprise ValueMkt cap + debt − cash | $11M | $1.9B |
| Trailing P/EPrice ÷ TTM EPS | -0.06x | -13.13x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 0.08x | 5.05x |
| Price / BookPrice ÷ Book value/share | 1.25x | 3.22x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
ZLAB leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
ZLAB delivers a -22.8% return on equity — every $100 of shareholder capital generates $-23 in annual profit, vs $-3 for CASI. ZLAB carries lower financial leverage with a 0.31x debt-to-equity ratio, signaling a more conservative balance sheet compared to CASI's 11.96x. On the Piotroski fundamental quality scale (0–9), ZLAB scores 3/9 vs CASI's 2/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -3.0% | -22.8% |
| ROA (TTM)Return on assets | -131.5% | -15.0% |
| ROICReturn on invested capital | -153.0% | -42.8% |
| ROCEReturn on capital employed | -104.6% | -27.9% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 3 |
| Debt / EquityFinancial leverage | 11.96x | 0.31x |
| Net DebtTotal debt minus cash | $9M | -$455M |
| Cash & Equiv.Liquid assets | $13M | $680M |
| Total DebtShort + long-term debt | $22M | $224M |
| Interest CoverageEBIT ÷ Interest expense | -66.88x | -33.25x |
Total Returns (Dividends Reinvested)
ZLAB leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ZLAB five years ago would be worth $1,350 today (with dividends reinvested), compared to $91 for CASI. Over the past 12 months, ZLAB leads with a -28.5% total return vs CASI's -91.6%. The 3-year compound annual growth rate (CAGR) favors ZLAB at -17.2% vs CASI's -60.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -81.6% | +21.2% |
| 1-Year ReturnPast 12 months | -91.6% | -28.5% |
| 3-Year ReturnCumulative with dividends | -94.0% | -43.2% |
| 5-Year ReturnCumulative with dividends | -99.1% | -86.5% |
| 10-Year ReturnCumulative with dividends | -98.9% | -24.8% |
| CAGR (3Y)Annualised 3-year return | -60.8% | -17.2% |
Risk & Volatility
Evenly matched — CASI and ZLAB each lead in 1 of 2 comparable metrics.
Risk & Volatility
CASI is the less volatile stock with a -0.12 beta — it tends to amplify market swings less than ZLAB's 1.21 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ZLAB currently trades 47.4% from its 52-week high vs CASI's 4.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.12x | 1.21x |
| 52-Week HighHighest price in past year | $3.09 | $44.34 |
| 52-Week LowLowest price in past year | $0.05 | $15.96 |
| % of 52W HighCurrent price vs 52-week peak | +4.9% | +47.4% |
| RSI (14)Momentum oscillator 0–100 | 24.2 | 47.5 |
| Avg Volume (50D)Average daily shares traded | 901K | 716K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
CASI is the only dividend payer here at 31.10% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $35.00 |
| # AnalystsCovering analysts | — | 11 |
| Dividend YieldAnnual dividend ÷ price | +31.1% | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | $0.05 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
ZLAB leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CASI leads in 1 (Valuation Metrics). 1 tied.
CASI vs ZLAB: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is CASI or ZLAB a better buy right now?
For growth investors, Zai Lab Limited (ZLAB) is the stronger pick with 15.
3% revenue growth year-over-year, versus -15. 8% for CASI Pharmaceuticals, Inc. (CASI). Analysts rate Zai Lab Limited (ZLAB) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — CASI or ZLAB?
Over the past 5 years, Zai Lab Limited (ZLAB) delivered a total return of -86.
5%, compared to -99. 1% for CASI Pharmaceuticals, Inc. (CASI). Over 10 years, the gap is even starker: ZLAB returned -24. 8% versus CASI's -98. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — CASI or ZLAB?
By beta (market sensitivity over 5 years), CASI Pharmaceuticals, Inc.
(CASI) is the lower-risk stock at -0. 12β versus Zai Lab Limited's 1. 21β — meaning ZLAB is approximately -1088% more volatile than CASI relative to the S&P 500. On balance sheet safety, Zai Lab Limited (ZLAB) carries a lower debt/equity ratio of 31% versus 12% for CASI Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — CASI or ZLAB?
By revenue growth (latest reported year), Zai Lab Limited (ZLAB) is pulling ahead at 15.
3% versus -15. 8% for CASI Pharmaceuticals, Inc. (CASI). On earnings-per-share growth, the picture is similar: Zai Lab Limited grew EPS 38. 5% year-over-year, compared to -26. 7% for CASI Pharmaceuticals, Inc.. Over a 3-year CAGR, ZLAB leads at 28. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — CASI or ZLAB?
Zai Lab Limited (ZLAB) is the more profitable company, earning -38.
1% net margin versus -137. 6% for CASI Pharmaceuticals, Inc. — meaning it keeps -38. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ZLAB leads at -49. 9% versus -138. 8% for CASI. At the gross margin level — before operating expenses — ZLAB leads at 58. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — CASI or ZLAB?
In this comparison, CASI (31.
1% yield) pays a dividend. ZLAB does not pay a meaningful dividend and should not be held primarily for income.
07Is CASI or ZLAB better for a retirement portfolio?
For long-horizon retirement investors, CASI Pharmaceuticals, Inc.
(CASI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 12), 31. 1% yield). Both have compounded well over 10 years (CASI: -98. 9%, ZLAB: -24. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between CASI and ZLAB?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CASI is a small-cap income-oriented stock; ZLAB is a small-cap high-growth stock. CASI pays a dividend while ZLAB does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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