Launch Tech Company Limited

SEHK:2488 Stock Report

Market Cap: HK$3.8b

Launch Tech Past Earnings Performance

Past criteria checks 3/6

Launch Tech has been growing earnings at an average annual rate of 57.8%, while the Auto Components industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 11.8% per year. Launch Tech's return on equity is 22.8%, and it has net margins of 13.7%.

Key information

57.8%

Earnings growth rate

58.0%

EPS growth rate

Auto Components Industry Growth1.8%
Revenue growth rate11.8%
Return on equity22.8%
Net Margin13.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings

Apr 04
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings

Recent updates

Launch Tech Company Limited (HKG:2488) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Dec 29
Launch Tech Company Limited (HKG:2488) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Launch Tech Company Limited's (HKG:2488) Share Price Not Quite Adding Up

Nov 13
Launch Tech Company Limited's (HKG:2488) Share Price Not Quite Adding Up

We Think Launch Tech (HKG:2488) Can Stay On Top Of Its Debt

Oct 14
We Think Launch Tech (HKG:2488) Can Stay On Top Of Its Debt

Shareholders Would Enjoy A Repeat Of Launch Tech's (HKG:2488) Recent Growth In Returns

Sep 24
Shareholders Would Enjoy A Repeat Of Launch Tech's (HKG:2488) Recent Growth In Returns

Launch Tech's (HKG:2488) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 15
Launch Tech's (HKG:2488) Shareholders Will Receive A Smaller Dividend Than Last Year

Returns On Capital Are Showing Encouraging Signs At Launch Tech (HKG:2488)

Jun 21
Returns On Capital Are Showing Encouraging Signs At Launch Tech (HKG:2488)

Earnings Not Telling The Story For Launch Tech Company Limited (HKG:2488) After Shares Rise 37%

Jun 21
Earnings Not Telling The Story For Launch Tech Company Limited (HKG:2488) After Shares Rise 37%

Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings

Apr 04
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings

Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market

Apr 02
Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market

Launch Tech (HKG:2488) Has More To Do To Multiply In Value Going Forward

Mar 01
Launch Tech (HKG:2488) Has More To Do To Multiply In Value Going Forward

Launch Tech's (HKG:2488) Returns Have Hit A Wall

Nov 22
Launch Tech's (HKG:2488) Returns Have Hit A Wall

Some Investors May Be Worried About Launch Tech's (HKG:2488) Returns On Capital

Jul 11
Some Investors May Be Worried About Launch Tech's (HKG:2488) Returns On Capital

Here's Why Launch Tech (HKG:2488) Can Manage Its Debt Responsibly

Jun 05
Here's Why Launch Tech (HKG:2488) Can Manage Its Debt Responsibly

Launch Tech (HKG:2488) Strong Profits May Be Masking Some Underlying Issues

Apr 06
Launch Tech (HKG:2488) Strong Profits May Be Masking Some Underlying Issues

Launch Tech (HKG:2488) Will Be Hoping To Turn Its Returns On Capital Around

Mar 30
Launch Tech (HKG:2488) Will Be Hoping To Turn Its Returns On Capital Around

Returns On Capital Signal Tricky Times Ahead For Launch Tech (HKG:2488)

Dec 06
Returns On Capital Signal Tricky Times Ahead For Launch Tech (HKG:2488)

There Are Reasons To Feel Uneasy About Launch Tech's (HKG:2488) Returns On Capital

Sep 01
There Are Reasons To Feel Uneasy About Launch Tech's (HKG:2488) Returns On Capital

What Kind Of Shareholders Hold The Majority In Launch Tech Company Limited's (HKG:2488) Shares?

Mar 17
What Kind Of Shareholders Hold The Majority In Launch Tech Company Limited's (HKG:2488) Shares?

How Much is Launch Tech's (HKG:2488) CEO Getting Paid?

Dec 02
How Much is Launch Tech's (HKG:2488) CEO Getting Paid?

Revenue & Expenses Breakdown

How Launch Tech makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2488 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 241,876256360180
31 Mar 241,737213342176
31 Dec 231,598169324172
30 Sep 231,474260281178
30 Jun 231,349352237183
31 Mar 231,263340212185
31 Dec 221,177328187187
30 Sep 221,215207200183
30 Jun 221,25387212179
31 Mar 221,29990215188
31 Dec 211,34592218197
30 Sep 211,33222258233
30 Jun 211,320-48297270
31 Mar 211,194-84297269
31 Dec 201,069-120296268
30 Sep 20989-161280283
30 Jun 20908-202264298
31 Mar 20925-169265279
01 Jan 20942-137266260
01 Oct 19996-30211240
30 Jun 191,05077156221
31 Mar 191,04968189189
01 Jan 191,04959222156
01 Oct 1898148223140
30 Jun 1891437224123
31 Mar 1894649214123
31 Dec 1797860204123
30 Sep 179527225462
30 Jun 17926843040
31 Mar 17881533240
31 Dec 16835213440
30 Sep 16796-323550
30 Jun 16757-863660
31 Mar 16727-903600
31 Dec 15698-943540
30 Sep 15703-863190
30 Jun 15707-782850
31 Mar 15719-632650
31 Dec 14731-472440
30 Sep 14724-192350
30 Jun 1471692260
31 Mar 1469782110

Quality Earnings: 2488 has high quality earnings.

Growing Profit Margin: 2488's current net profit margins (13.7%) are lower than last year (26.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2488's earnings have grown significantly by 57.8% per year over the past 5 years.

Accelerating Growth: 2488's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2488 had negative earnings growth (-27.2%) over the past year, making it difficult to compare to the Auto Components industry average (-19.9%).

Return on Equity

High ROE: 2488's Return on Equity (22.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 14:39
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Xiaoya SunTianfeng Securities Brokerage Co., Ltd