2488 Stock Overview
Provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Launch Tech Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.80 |
| 52 Week High | HK$8.88 |
| 52 Week Low | HK$1.53 |
| Beta | -0.25 |
| 1 Month Change | 29.03% |
| 3 Month Change | 56.86% |
| 1 Year Change | 405.75% |
| 3 Year Change | 197.30% |
| 5 Year Change | 197.30% |
| Change since IPO | 643.66% |
Recent News & Updates
Launch Tech Company Limited (HKG:2488) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Dec 29
Launch Tech Company Limited's (HKG:2488) Share Price Not Quite Adding Up
Nov 13We Think Launch Tech (HKG:2488) Can Stay On Top Of Its Debt
Oct 14Recent updates
Launch Tech Company Limited (HKG:2488) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Dec 29Launch Tech Company Limited's (HKG:2488) Share Price Not Quite Adding Up
Nov 13We Think Launch Tech (HKG:2488) Can Stay On Top Of Its Debt
Oct 14Shareholders Would Enjoy A Repeat Of Launch Tech's (HKG:2488) Recent Growth In Returns
Sep 24Launch Tech's (HKG:2488) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Returns On Capital Are Showing Encouraging Signs At Launch Tech (HKG:2488)
Jun 21Earnings Not Telling The Story For Launch Tech Company Limited (HKG:2488) After Shares Rise 37%
Jun 21Launch 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 | 11.4% | 2.5% | 2.1% |
| 1Y | 405.7% | -12.9% | 17.6% |
Return vs Industry: 2488 exceeded the Hong Kong Auto Components industry which returned -12.9% over the past year.
Return vs Market: 2488 exceeded the Hong Kong Market which returned 17.6% over the past year.
Price Volatility
| 2488 volatility | |
|---|---|
| 2488 Average Weekly Movement | 8.0% |
| Auto Components Industry Average Movement | 8.6% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 2488 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2488's weekly volatility (8%) has been stable over the past year.
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$3.66b |
| Earnings (TTM) | HK$272.52m |
| Revenue (TTM) | HK$1.99b |
13.4x
P/E Ratio1.8x
P/S RatioIs 2488 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2488 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.88b |
| Cost of Revenue | CN¥1.05b |
| Gross Profit | CN¥821.33m |
| Other Expenses | CN¥565.01m |
| Earnings | CN¥256.32m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.62 |
| Gross Margin | 43.78% |
| Net Profit Margin | 13.66% |
| Debt/Equity Ratio | 31.2% |
How did 2488 perform over the long term?
See historical performance and comparisonDividends
4.8%
Current Dividend Yield72%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:22 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Launch Tech Company Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |