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8420 Stock Overview
Manufactures and sells golf balls in Taiwan, rest of Asia, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
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Launch Technologies Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$40.60 |
| 52 Week High | NT$61.50 |
| 52 Week Low | NT$39.00 |
| Beta | 0.48 |
| 1 Month Change | -2.52% |
| 3 Month Change | -5.69% |
| 1 Year Change | -31.07% |
| 3 Year Change | 7.41% |
| 5 Year Change | 39.76% |
| Change since IPO | 11.51% |
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
Does Launch Technologies (GTSM:8420) Have A Healthy Balance Sheet?
Feb 18Can Launch Technologies Co., Ltd.'s (GTSM:8420) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 20Looking For Steady Income For Your Dividend Portfolio? Is Launch Technologies Co., Ltd. (GTSM:8420) A Good Fit?
Dec 16
Does Launch Technologies's (GTSM:8420) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 18Shareholder Returns
| 8420 | TW Leisure | TW Market | |
|---|---|---|---|
| 7D | 0% | 2.2% | -1.3% |
| 1Y | -31.1% | 2.7% | 22.0% |
Return vs Industry: 8420 underperformed the TW Leisure industry which returned 2.2% over the past year.
Return vs Market: 8420 underperformed the TW Market which returned 25.6% over the past year.
Price Volatility
| 8420 volatility | |
|---|---|
| 8420 Average Weekly Movement | 1.7% |
| Leisure Industry Average Movement | 3.9% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 8.0% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 8420 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 8420's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 652 | n/a | www.launchtech.com.tw |
Launch Technologies Co., Ltd. manufactures and sells golf balls in Taiwan, rest of Asia, the United States, and internationally. The company provides one- and two-layer solid golf balls, three-layer double-center golf balls, multi-layer structure golf balls, high-end game balls, and other products. Launch Technologies Co., Ltd.
Launch Technologies Co., Ltd. Fundamentals Summary
| 8420 fundamental statistics | |
|---|---|
| Market cap | NT$2.24b |
| Earnings (TTM) | -NT$22.22m |
| Revenue (TTM) | NT$736.27m |
3.0x
P/S Ratio-100.9x
P/E RatioIs 8420 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8420 income statement (TTM) | |
|---|---|
| Revenue | NT$736.27m |
| Cost of Revenue | NT$883.72m |
| Gross Profit | -NT$147.45m |
| Other Expenses | -NT$125.23m |
| Earnings | -NT$22.22m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.40 |
| Gross Margin | -20.03% |
| Net Profit Margin | -3.02% |
| Debt/Equity Ratio | 36.0% |
How did 8420 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/30 13:50 |
| End of Day Share Price | 2024/11/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
Launch Technologies Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Xiu Lian Wu | Jih Sun Securities Investment Consulting Co., Ltd. |