Launch Technologies Co., Ltd.

TPEX:8420 Stock Report

Market Cap: NT$2.2b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Launch Technologies Balance Sheet Health

Financial Health criteria checks 3/6

Launch Technologies has a total shareholder equity of NT$896.1M and total debt of NT$322.4M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are NT$1.7B and NT$769.9M respectively.

Key information

36.0%

Debt to equity ratio

NT$322.39m

Debt

Interest coverage ration/a
CashNT$185.12m
EquityNT$896.06m
Total liabilitiesNT$769.88m
Total assetsNT$1.67b

Recent financial health 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?

Financial Position Analysis

Short Term Liabilities: 8420's short term assets (NT$706.9M) exceed its short term liabilities (NT$506.3M).

Long Term Liabilities: 8420's short term assets (NT$706.9M) exceed its long term liabilities (NT$263.6M).


Debt to Equity History and Analysis

Debt Level: 8420's net debt to equity ratio (15.3%) is considered satisfactory.

Reducing Debt: 8420's debt to equity ratio has increased from 29.7% to 36% over the past 5 years.

Debt Coverage: 8420's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 8420's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/30 23:14
End of Day Share Price 2024/11/20 00:00
Earnings2024/09/30
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.

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.

AnalystInstitution
Xiu Lian WuJih Sun Securities Investment Consulting Co., Ltd.