Launch Tech Company Limited Logo

Launch Tech Company Limited

2488.HK

(2.8)
Stock Price

5,35 HKD

7.97% ROA

12.5% ROE

15.39x PER

Market Cap.

1.883.945.167,17 HKD

38.82% DER

9.82% Yield

11.02% NPM

Launch Tech Company Limited Stock Analysis

Launch Tech Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Launch Tech Company Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (36.11%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 PBV

The stock's low PBV ratio (0.72x) suggests it's undervalued, making it an attractive opportunity for investors.

4 DER

The stock has a reasonable amount of debt compared to its ownership (52%), suggesting a balanced financial position and a moderate level of risk.

5 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (3), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Launch Tech Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Launch Tech Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Launch Tech Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Launch Tech Company Limited Revenue
Year Revenue Growth
2005 342.586.000
2006 304.211.000 -12.61%
2007 412.463.000 26.25%
2008 438.554.000 5.95%
2009 462.440.000 5.17%
2010 681.004.000 32.09%
2010 661.114.000 -3.01%
2011 784.330.000 15.71%
2012 612.476.020 -28.06%
2013 678.142.799 9.68%
2014 731.173.407 7.25%
2015 697.597.929 -4.81%
2016 835.053.156 16.46%
2017 977.972.859 14.61%
2018 1.048.538.385 6.73%
2019 941.709.327 -11.34%
2020 1.068.653.993 11.88%
2021 1.344.814.373 20.54%
2022 1.177.091.622 -14.25%
2023 1.754.399.220 32.91%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Launch Tech Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 8.500.000
2006 12.853.000 33.87%
2007 16.027.000 19.8%
2008 17.212.000 6.88%
2009 20.297.000 15.2%
2010 29.136.000 30.34%
2010 27.744.000 -5.02%
2011 40.584.000 31.64%
2012 22.083.396 -83.78%
2013 24.182.988 8.68%
2014 21.406.531 -12.97%
2015 62.352.282 65.67%
2016 79.814.679 21.88%
2017 76.699.463 -4.06%
2018 158.166.763 51.51%
2019 261.744.203 39.57%
2020 269.494.455 2.88%
2021 197.089.016 -36.74%
2022 41.476.247 -375.19%
2023 181.273.824 77.12%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Launch Tech Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 44.854.000
2006 37.708.000 -18.95%
2007 44.582.000 15.42%
2008 61.346.000 27.33%
2009 53.449.000 -14.77%
2010 85.308.000 37.35%
2010 64.499.000 -32.26%
2011 71.249.000 9.47%
2012 51.303.734 -38.88%
2013 40.063.188 -28.06%
2014 45.917.559 12.75%
2015 63.093.140 27.22%
2016 70.205.464 10.13%
2017 75.461.573 6.97%
2018 76.018.917 0.73%
2019 72.462.510 -4.91%
2020 55.753.127 -29.97%
2021 72.480.589 23.08%
2022 45.804.834 -58.24%
2023 127.573.864 64.1%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Launch Tech Company Limited EBITDA
Year EBITDA Growth
2005 34.247.000
2006 54.449.000 37.1%
2007 97.869.000 44.37%
2008 80.421.000 -21.7%
2009 125.667.000 36%
2010 150.860.000 16.7%
2010 179.018.000 15.73%
2011 179.331.000 0.17%
2012 65.813.804 -172.48%
2013 113.020.768 41.77%
2014 108.854.833 -3.83%
2015 41.450.209 -162.62%
2016 156.866.261 73.58%
2017 184.846.122 15.14%
2018 191.543.309 3.5%
2019 60.203.862 -218.16%
2020 101.833.690 40.88%
2021 197.783.906 48.51%
2022 118.754.858 -66.55%
2023 244.720.880 51.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Launch Tech Company Limited Gross Profit
Year Gross Profit Growth
2005 152.367.000
2006 162.928.000 6.48%
2007 228.697.000 28.76%
2008 209.358.000 -9.24%
2009 205.291.000 -1.98%
2010 311.900.000 34.18%
2010 277.672.000 -12.33%
2011 307.705.000 9.76%
2012 191.311.302 -60.84%
2013 231.071.467 17.21%
2014 247.824.104 6.76%
2015 269.614.758 8.08%
2016 375.049.569 28.11%
2017 437.549.059 14.28%
2018 431.222.449 -1.47%
2019 409.304.308 -5.35%
2020 478.547.536 14.47%
2021 527.615.431 9.3%
2022 433.155.017 -21.81%
2023 781.636.788 44.58%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Launch Tech Company Limited Net Profit
Year Net Profit Growth
2005 37.129.000
2006 41.129.000 9.73%
2007 61.347.000 32.96%
2008 12.831.000 -378.12%
2009 62.051.000 79.32%
2010 113.056.000 45.11%
2010 105.092.000 -7.58%
2011 115.382.000 8.92%
2012 -43.568.621 364.83%
2013 7.034.678 719.34%
2014 -46.943.370 114.99%
2015 -93.898.654 50.01%
2016 21.411.537 538.54%
2017 60.076.887 64.36%
2018 58.907.063 -1.99%
2019 -136.931.675 143.02%
2020 -120.461.297 -13.67%
2021 92.388.463 230.39%
2022 328.032.623 71.84%
2023 207.732.824 -57.91%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Launch Tech Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Launch Tech Company Limited Free Cashflow
Year Free Cashflow Growth
2005 -203.736.000
2006 -172.952.000 -17.8%
2007 12.730.000 1458.62%
2008 -7.576.000 268.03%
2009 100.496.000 107.54%
2010 188.347.000 46.64%
2011 23.119.000 -714.68%
2012 -79.271.343 129.16%
2013 -51.291.785 -54.55%
2014 -142.497.988 64.01%
2015 -124.593.202 -14.37%
2016 58.176.757 314.16%
2017 68.832.549 15.48%
2018 -3.522.278 2054.21%
2019 8.030.757 143.86%
2019 32.123.028 75%
2020 158.447.028 79.73%
2021 -63.232.759 350.58%
2022 9.244.503 784%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Launch Tech Company Limited Operating Cashflow
Year Operating Cashflow Growth
2005 -187.058.000
2006 -43.444.000 -330.57%
2007 47.510.000 191.44%
2008 35.050.000 -35.55%
2009 146.440.000 76.07%
2010 226.438.000 35.33%
2011 150.864.000 -50.09%
2012 49.186.029 -206.72%
2013 113.292.820 56.59%
2014 -46.200.884 345.22%
2015 -75.884.084 39.12%
2016 107.898.502 170.33%
2017 157.055.514 31.3%
2018 75.509.955 -107.99%
2019 31.598.612 -138.97%
2019 126.394.449 75%
2020 203.840.464 37.99%
2021 -14.170.133 1538.52%
2022 71.353.803 119.86%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Launch Tech Company Limited Capital Expenditure
Year Capital Expenditure Growth
2005 16.678.000
2006 129.508.000 87.12%
2007 34.780.000 -272.36%
2008 42.626.000 18.41%
2009 45.944.000 7.22%
2010 38.091.000 -20.62%
2011 127.745.000 70.18%
2012 128.457.372 0.55%
2013 164.584.605 21.95%
2014 96.297.103 -70.91%
2015 48.709.118 -97.7%
2016 49.721.744 2.04%
2017 88.222.964 43.64%
2018 79.032.233 -11.63%
2019 23.567.855 -235.34%
2019 94.271.421 75%
2020 45.393.435 -107.68%
2021 49.062.625 7.48%
2022 62.109.300 21.01%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Launch Tech Company Limited Equity
Year Equity Growth
2005 337.520.000
2006 419.159.000 19.48%
2007 523.558.000 19.94%
2008 506.106.000 -3.45%
2009 568.345.000 10.95%
2010 654.164.000 13.12%
2011 771.662.000 15.23%
2012 615.954.137 -25.28%
2013 622.877.197 1.11%
2014 578.857.525 -7.6%
2015 702.634.866 17.62%
2016 723.381.940 2.87%
2017 1.084.817.961 33.32%
2018 969.275.123 -11.92%
2019 772.520.895 -25.47%
2020 653.628.226 -18.19%
2021 745.552.748 12.33%
2022 1.071.953.740 30.45%
2023 1.074.839.286 0.27%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Launch Tech Company Limited Assets
Year Assets Growth
2005 614.758.000
2006 778.798.000 21.06%
2007 964.414.000 19.25%
2008 920.171.000 -4.81%
2009 1.037.883.000 11.34%
2010 1.118.396.000 7.2%
2011 1.144.110.000 2.25%
2012 1.233.413.994 7.24%
2013 1.369.988.490 9.97%
2014 1.482.284.694 7.58%
2015 1.479.875.287 -0.16%
2016 1.313.549.144 -12.66%
2017 1.612.580.676 18.54%
2018 1.542.793.324 -4.52%
2019 1.634.680.811 5.62%
2020 1.400.989.305 -16.68%
2021 1.555.573.317 9.94%
2022 1.986.614.468 21.7%
2023 1.855.218.849 -7.08%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Launch Tech Company Limited Liabilities
Year Liabilities Growth
2005 277.238.000
2006 359.639.000 22.91%
2007 440.856.000 18.42%
2008 414.065.000 -6.47%
2009 469.538.000 11.81%
2010 464.232.000 -1.14%
2011 372.448.000 -24.64%
2012 617.459.857 39.68%
2013 747.111.292 17.35%
2014 903.427.169 17.3%
2015 777.240.421 -16.24%
2016 590.167.203 -31.7%
2017 527.762.714 -11.82%
2018 573.518.201 7.98%
2019 862.159.916 33.48%
2020 747.361.078 -15.36%
2021 810.020.568 7.74%
2022 914.660.727 11.44%
2023 780.379.562 -17.21%

Launch Tech Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.9
Net Income per Share
0.32
Price to Earning Ratio
15.39x
Price To Sales Ratio
1.52x
POCF Ratio
115.98
PFCF Ratio
104.11
Price to Book Ratio
1.97
EV to Sales
1.36
EV Over EBITDA
9.45
EV to Operating CashFlow
92.77
EV to FreeCashFlow
92.77
Earnings Yield
0.06
FreeCashFlow Yield
0.01
Market Cap
1,88 Bil.
Enterprise Value
1,68 Bil.
Graham Number
4.24
Graham NetNet
0.35

Income Statement Metrics

Net Income per Share
0.32
Income Quality
0.13
ROE
0.12
Return On Assets
0.07
Return On Capital Employed
0.12
Net Income per EBT
0.98
EBT Per Ebit
0.92
Ebit per Revenue
0.12
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.11
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.43
Operating Profit Margin
0.12
Pretax Profit Margin
0.11
Net Profit Margin
0.11

Dividends

Dividend Yield
0.1
Dividend Yield %
9.82
Payout Ratio
0
Dividend Per Share
0.48

Operating Metrics

Operating Cashflow per Share
0.04
Free CashFlow per Share
0.04
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.1
Return on Tangible Assets
0.08
Days Sales Outstanding
78.82
Days Payables Outstanding
84.79
Days of Inventory on Hand
107.17
Receivables Turnover
4.63
Payables Turnover
4.3
Inventory Turnover
3.41
Capex per Share
0

Balance Sheet

Cash per Share
1,47
Book Value per Share
2,52
Tangible Book Value per Share
2.18
Shareholders Equity per Share
2.5
Interest Debt per Share
0.98
Debt to Equity
0.39
Debt to Assets
0.22
Net Debt to EBITDA
-1.16
Current Ratio
2.05
Tangible Asset Value
0,93 Bil.
Net Current Asset Value
0,43 Bil.
Invested Capital
1194406665
Working Capital
0,62 Bil.
Intangibles to Total Assets
0.08
Average Receivables
0,27 Bil.
Average Payables
0,16 Bil.
Average Inventory
207175759
Debt to Market Cap
0.22

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Launch Tech Company Limited Dividends
Year Dividends Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2012 2 100%
2017 0 0%
2018 0 0%
2019 0 0%
2023 0 0%
2024 0 0%

Launch Tech Company Limited Profile

About Launch Tech Company Limited

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, Lift, and Overseas Sales. The company is involved in the research and development, production, and sale of car diagnosis, testing, and maintenance equipment; development, production, and sale of automotive diagnosis, inspection, repair, and maintenance software; development, production, and sale of auto electronic products; and provision of information network services. It also provides consulting services of electronic products and technical; technology exchange, transfer, and promotion; artificial intelligence public data platform; software development; big data technology services; health care management consultation and health care products development services; mobile phones and communication products; and Internet information consultation services, as well as develops, trades in, and sells computer software and hardware, and peripherals. In addition, the company engages in the development and distribution of electronic products and chips; development, distribution, and sale of computer software and hardware technology; computer network project, computer graphic design, and corporate image planning businesses; and provision of goods and technologies import and export, and agent services activities. Further, it is involved in the production of automobiles maintenance machines and equipment, and automobile warranty machines, such as automobile spray booths, tire balancers, tire changers, 4-wheel aligners, frame racks, and automobile testing lines; and development and sale of computer software, information system software, and car sharing technology. The company was founded in 1992 and is headquartered in Shenzhen, the People's Republic of China.

CEO
Mr. Xin Liu FCCA
Employee
112
Address
Launch Industrial Park
Shenzhen, 518129

Launch Tech Company Limited Executives & BODs

Launch Tech Company Limited Executives & BODs
# Name Age
1 Ms. ZhaoHuan Huang
Senior Vice President & Executive Director
70
2 Mr. Shiwen Jiang
Senior Vice President & Executive Director
70
3 Mr. Chun Ming Liu ACCA, FCCA
Financial Controller & Company Secretary
70
4 Mr. Guozhu Liu
Vice President & Executive Director
70
5 Mr. Xin Liu FCCA
Founder, Chief Executive Officer, Compliance Officer & Executive Chairman
70

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