2488 Stock Overview
Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
Launch Tech Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.78 |
| 52 Week High | HK$2.97 |
| 52 Week Low | HK$1.53 |
| Beta | -0.15 |
| 1 Month Change | 43.30% |
| 3 Month Change | 50.27% |
| 1 Year Change | 27.52% |
| 3 Year Change | -31.02% |
| 5 Year Change | -56.51% |
| Change since IPO | 134.93% |
Recent News & Updates
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings
Apr 04
Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market
Apr 02Recent updates
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings
Apr 04Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market
Apr 02Launch Tech (HKG:2488) Has More To Do To Multiply In Value Going Forward
Mar 01Launch Tech's (HKG:2488) Returns Have Hit A Wall
Nov 22Some Investors May Be Worried About Launch Tech's (HKG:2488) Returns On Capital
Jul 11Here's Why Launch Tech (HKG:2488) Can Manage Its Debt Responsibly
Jun 05Launch Tech (HKG:2488) Strong Profits May Be Masking Some Underlying Issues
Apr 06Launch Tech (HKG:2488) Will Be Hoping To Turn Its Returns On Capital Around
Mar 30Returns On Capital Signal Tricky Times Ahead For Launch Tech (HKG:2488)
Dec 06There Are Reasons To Feel Uneasy About Launch Tech's (HKG:2488) Returns On Capital
Sep 01What Kind Of Shareholders Hold The Majority In Launch Tech Company Limited's (HKG:2488) Shares?
Mar 17How Much is Launch Tech's (HKG:2488) CEO Getting Paid?
Dec 02Shareholder Returns
| 2488 | HK Auto Components | HK Market | |
|---|---|---|---|
| 7D | 10.8% | 2.9% | 3.5% |
| 1Y | 27.5% | -19.9% | -9.9% |
Return vs Industry: 2488 exceeded the Hong Kong Auto Components industry which returned -19.9% over the past year.
Return vs Market: 2488 exceeded the Hong Kong Market which returned -9.9% over the past year.
Price Volatility
| 2488 volatility | |
|---|---|
| 2488 Average Weekly Movement | 13.4% |
| Auto Components Industry Average Movement | 7.9% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.7% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 2488's share price has been volatile over the past 3 months.
Volatility Over Time: 2488's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 952 | Louis Liu | www.cnlaunch.com |
Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. It operates through three segments: Automotive Diagnosis, Europe Overseas sales, and U.S. Overseas Sales.
Launch Tech Company Limited Fundamentals Summary
| 2488 fundamental statistics | |
|---|---|
| Market cap | HK$1.16b |
| Earnings (TTM) | HK$182.47m |
| Revenue (TTM) | HK$1.73b |
6.3x
P/E Ratio0.7x
P/S RatioIs 2488 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2488 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.60b |
| Cost of Revenue | CN¥924.78m |
| Gross Profit | CN¥673.58m |
| Other Expenses | CN¥504.67m |
| Earnings | CN¥168.90m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.41 |
| Gross Margin | 42.14% |
| Net Profit Margin | 10.57% |
| Debt/Equity Ratio | 34.8% |
How did 2488 perform over the long term?
See historical performance and comparisonDividends
18.7%
Current Dividend Yield148%
Payout RatioDoes 2488 pay a reliable dividends?
See 2488 dividend history and benchmarks| Launch Tech dividend dates | |
|---|---|
| Ex Dividend Date | May 17 2024 |
| Dividend Pay Date | Jun 12 2024 |
| Days until Ex dividend | 20 days |
| Days until Dividend pay date | 46 days |
Does 2488 pay a reliable dividends?
See 2488 dividend history and benchmarks