News
02488
2.540
+1.20%
0.030
Launch Tech Full Year 2023 Earnings: EPS: CN¥0.39 (vs CN¥0.76 in FY 2022)
Launch Tech shares are up 3.3% from a week ago. The company reported a 36% increase in revenue to CN¥1.60b in the first quarter of 2023. Launch Tech's profit margin is down to 11% from 28% in the same period. The shares of Launch Tech are currently trading at HK$2488.
Simply Wall St · 15h ago
Weekly Report: what happened at Launch Tech last week (0415-0419)?
Weekly Report · 1d ago
Weekly Report: what happened at Launch Tech last week (0408-0412)?
Weekly Report · 04/14 22:20
Weekly Report: what happened at Launch Tech last week (0401-0405)?
Weekly Report · 04/07 22:20
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings
Launch Tech Company Limited's (HKG:2488) recent soft profit numbers didn't seem to worry shareholders. Unusual items detracted from Launch Tech's earnings over the last year. The company's earnings per share fell back over the same period. We think Launch Tech is showing some signs that things are more promising than they seem. Read on to learn about the impact of unusual items on the company's profits.
Simply Wall St · 04/04 22:48
Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market
Launch Tech Company Limited (HKG:2488) shares have gained 68% in the last month. The company's price-to-earnings ratio is 6.3x compared to the market in Hong Kong. Launch Tech's P/E is lower than the majority of companies with similar growth rates. The stock is up 54% in last year but still has a low price to earnings ratio.
Simply Wall St · 04/02 23:20
Weekly Report: what happened at Launch Tech last week (0325-0329)?
Weekly Report · 03/31 22:19
Launch Tech Full Year 2023 Earnings: EPS: CN¥0.39 (vs CN¥0.76 in FY 2022)
Launch Tech shares are up 4.2% from a week ago. The company has identified 2 warning signs with Launch Tech. Launch Tech is expected to report its full year 2023 results on March 31st 2024. The shares of Launch Tech are currently trading at HKG:2488.
Simply Wall St · 03/31 00:28
Weekly Report: what happened at Launch Tech last week (0318-0322)?
Weekly Report · 03/24 22:19
Weekly Report: what happened at Launch Tech last week (0311-0315)?
Weekly Report · 03/17 22:21
Weekly Report: what happened at Launch Tech last week (0304-0308)?
Weekly Report · 03/10 22:20
Weekly Report: what happened at Launch Tech last week (0226-0301)?
Weekly Report · 03/03 22:21
Launch Tech (HKG:2488) Has More To Do To Multiply In Value Going Forward
Launch Tech (HKG:2488) has a return on capital employed of 6.8%. This is a low rate of return, compared to the industry average of 7.5%. The company has been reinvesting in its business to generate higher returns. Launch Tech has fallen 60% in the last five years. The stock doesn't have the same growth potential as other companies in the same sector. It has a low Return on Capital Employed.
Simply Wall St · 03/01 23:28
Weekly Report: what happened at Launch Tech last week (0219-0223)?
Weekly Report · 02/25 22:20
Weekly Report: what happened at Launch Tech last week (0212-0216)?
Weekly Report · 02/18 22:21
Weekly Report: what happened at Launch Tech last week (0205-0209)?
Weekly Report · 02/11 22:21
Weekly Report: what happened at Launch Tech last week (0129-0202)?
Weekly Report · 02/04 22:21
Weekly Report: what happened at Launch Tech last week (0122-0126)?
Weekly Report · 01/28 22:22
Weekly Report: what happened at Launch Tech last week (0115-0119)?
Weekly Report · 01/21 22:21
Weekly Report: what happened at Launch Tech last week (0108-0112)?
Weekly Report · 01/14 22:20
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About 02488
Launch Tech Company Limited is principally engaged in the provision of products and services serving the automotive aftermarket and the automobile industry in the People’s Republic of China (the PRC) and certain overseas countries. The Company operates its business through three segments. The Automotive Diagnosis segment is engaged in the research and development, production and sales of automotive diagnostic and inspection products. The Lift segment is engaged in the research and development, production and sales of machinery products in the automotive aftermarket. The Overseas Sales segment is engaged in the development and maintenance of European distributors and customers.