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8420

Launch Technologies TPEX:8420 Stock Report

Last Price

NT$70.00

Market Cap

NT$3.6b

7D

-2.2%

1Y

85.2%

Updated

28 Nov, 2022

Data

Company Financials
8420 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends4/6

8420 Stock Overview

Launch Technologies Co., Ltd. manufactures and sells golf balls in Taiwan and internationally.

Launch Technologies Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Launch Technologies
Historical stock prices
Current Share PriceNT$70.00
52 Week HighNT$84.00
52 Week LowNT$37.15
Beta0.37
1 Month Change2.19%
3 Month Change-9.33%
1 Year Change85.19%
3 Year Change145.18%
5 Year Change298.86%
Change since IPO92.27%

Recent News & Updates

Recent updates

Do Investors Have Good Reason To Be Wary Of Launch Technologies Co., Ltd.'s (GTSM:8420) 2.9% Dividend Yield?

Mar 26
Do Investors Have Good Reason To Be Wary Of Launch Technologies Co., Ltd.'s (GTSM:8420) 2.9% Dividend Yield?

Does Launch Technologies (GTSM:8420) Have A Healthy Balance Sheet?

Feb 18
Does Launch Technologies (GTSM:8420) Have A Healthy Balance Sheet?

Can Launch Technologies Co., Ltd.'s (GTSM:8420) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Jan 20
Can Launch Technologies Co., Ltd.'s (GTSM:8420) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Looking For Steady Income For Your Dividend Portfolio? Is Launch Technologies Co., Ltd. (GTSM:8420) A Good Fit?

Dec 16
Looking For Steady Income For Your Dividend Portfolio? Is Launch Technologies Co., Ltd. (GTSM:8420) A Good Fit?

Does Launch Technologies's (GTSM:8420) Statutory Profit Adequately Reflect Its Underlying Profit?

Nov 18
Does Launch Technologies's (GTSM:8420) Statutory Profit Adequately Reflect Its Underlying Profit?

Shareholder Returns

8420TW LeisureTW Market
7D-2.2%3.5%1.7%
1Y85.2%-11.0%-15.3%

Return vs Industry: 8420 exceeded the TW Leisure industry which returned -11% over the past year.

Return vs Market: 8420 exceeded the TW Market which returned -15.3% over the past year.

Price Volatility

Is 8420's price volatile compared to industry and market?
8420 volatility
8420 Average Weekly Movement5.9%
Leisure Industry Average Movement5.7%
Market Average Movement4.9%
10% most volatile stocks in TW Market8.2%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 8420 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 8420's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006626n/ahttps://www.launchtech.com.tw

Launch Technologies Co., Ltd. manufactures and sells golf balls in Taiwan and internationally. It offers one layer and two-ply solid golf balls, three-ply double-center golf balls, multi-layer golf balls advanced game balls, and others. The company was founded in 2006 and is headquartered in Pingtung, Taiwan.

Launch Technologies Co., Ltd. Fundamentals Summary

How do Launch Technologies's earnings and revenue compare to its market cap?
8420 fundamental statistics
Market CapNT$3.58b
Earnings (TTM)NT$479.27m
Revenue (TTM)NT$3.31b

7.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8420 income statement (TTM)
RevenueNT$3.31b
Cost of RevenueNT$2.67b
Gross ProfitNT$639.24m
Other ExpensesNT$159.97m
EarningsNT$479.27m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.40
Gross Margin19.34%
Net Profit Margin14.50%
Debt/Equity Ratio33.9%

How did 8420 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

27%

Payout Ratio