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2488 Stock Chart & Stats
HK$6.93
HK$0.00(0.00%)
At close: 4:00 PM EDT
HK$6.93
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$6.67 - HK$13.30
Previous CloseN/A
Volume110.00K
Average Volume (3M)644.17K
Market Cap
HK$2.80B
Enterprise ValueHK$3.22K
Total Cash (Recent Filing)HK$580.39M
Total Debt (Recent Filing)HK$271.80M
Price to Earnings (P/E)7.2
Beta0.38
Next Earnings
Aug 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield11.66%
Share Statistics
EPS (TTM)0.83
Shares Outstanding350,837,200
10 Day Avg. Volume579,316
30 Day Avg. Volume644,168
Financial Highlights & Ratios
PEG Ratio7.65
Price to Book (P/B)2.62
Price to Sales (P/S)1.52
P/FCF Ratio7.69
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth TrendSustained revenue growth and a clear rebound after 2022 indicate improving market demand and execution. Durable top-line expansion supports scaling, better absorption of fixed costs and continued reinvestment in product or capacity, strengthening long-term profit potential and competitive positioning.
Improving Leverage & Balance SheetA materially reduced debt-to-equity ratio and solid equity base enhance financial resilience and lower refinancing risk. Strong recent ROE suggests efficient capital use, enabling steadier investment and dividend capacity while giving management flexibility to navigate medium-term industry cycles without immediate funding stress.
Strengthened Cash GenerationImproved operating cash flow and free cash flow alignment with net income increases self-funding capacity for capex, working capital and dividends, reducing reliance on external financing. Stronger cash conversion in 2024–25 supports durable liquidity and consistent capital allocation through the medium term.
Bears Say
Earnings & Margin VolatilityHistoric swings in margins and episodic losses undermine earnings predictability and raise operational risk. Persistent volatility complicates capital planning, makes long-term margin assumptions less reliable, and requires demonstrated multi-period stability before relying on current profitability as a durable baseline.
Inconsistent Cash ConversionIntermittent negative free cash flow and a recent dip in FCF point to working-capital or timing risks that can strain liquidity. Such inconsistency can limit reinvestment, constrain dividend sustainability in downturns, and increase dependence on external funding when cyclical pressures re-emerge.
History Of Elevated LeverageA prior period of elevated leverage shows the balance sheet has been vulnerable to stress; although improved, the historical pattern raises concern that leverage could re-escalate under strain. This legacy increases the importance of sustained deleveraging to secure long-term financial durability.
Launch Tech Co. Ltd. Class H News
2488 FAQ
What was Launch Tech Co. Ltd. Class H’s price range in the past 12 months?
Launch Tech Co. Ltd. Class H lowest stock price was HK$6.67 and its highest was HK$13.30 in the past 12 months.
What is Launch Tech Co. Ltd. Class H’s market cap?
Launch Tech Co. Ltd. Class H’s market cap is HK$2.80B.
When is Launch Tech Co. Ltd. Class H’s upcoming earnings report date?
Launch Tech Co. Ltd. Class H’s upcoming earnings report date is Aug 10, 2026 which is in 8 days.
How were Launch Tech Co. Ltd. Class H’s earnings last quarter?
Launch Tech Co. Ltd. Class H released its earnings results on Mar 25, 2026. The company reported HK$0.398 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Launch Tech Co. Ltd. Class H overvalued?
According to Wall Street analysts Launch Tech Co. Ltd. Class H’s price is currently Overvalued.
Does Launch Tech Co. Ltd. Class H pay dividends?
Launch Tech Co. Ltd. Class H pays a Semiannually dividend of HK$0.466 which represents an annual dividend yield of 11.66%. See more information on Launch Tech Co. Ltd. Class H dividends here
What is Launch Tech Co. Ltd. Class H’s EPS estimate?
Launch Tech Co. Ltd. Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Launch Tech Co. Ltd. Class H have?
Launch Tech Co. Ltd. Class H has 350,837,200 shares outstanding.
What happened to Launch Tech Co. Ltd. Class H’s price movement after its last earnings report?
Launch Tech Co. Ltd. Class H reported an EPS of HK$0.398 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.027%.
Which hedge fund is a major shareholder of Launch Tech Co. Ltd. Class H?
Currently, no hedge funds are holding shares in HK:2488
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Launch Tech Co. Ltd. Class H
Launch Tech Company Limited, along with its affiliated entities, serves the global automotive sector, encompassing both the aftermarket and the broader automobile industry, across the People's Republic of China and internationally. Its operations are structured into three key divisions: Automotive Diagnosis, Lift, and Overseas Sales. The company's core business revolves around the research, development, manufacturing, and distribution of a wide array of automotive solutions. This includes diagnostic, testing, and maintenance equipment for vehicles, in addition to software designed for auto diagnosis, inspection, repair, and ongoing upkeep. They also create, produce, and sell various automotive electronic products. Beyond hardware and software, Launch Tech provides diverse specialized services. These offerings include information network solutions, technical and electronic product consulting, technology exchange and commercialization, and an artificial intelligence public data platform. The firm also engages in general software development, big data technology services, and even extends to healthcare management consultancy and related product development. Their portfolio further comprises mobile phones, communication devices, and internet information advisory services. Moreover, they develop, trade, and retail computer software, hardware, and peripheral components. The company's scope also extends to designing and distributing electronic components and integrated circuits (chips). They are actively involved in the development, distribution, and sale of computer software and hardware technology. Other ventures include computer networking projects, graphic design, and corporate branding. They facilitate the import and export of goods and technologies and offer agent services. Launch Tech also manufactures specialized automotive machinery, such as vehicle maintenance and warranty equipment. This range includes items like paint spray booths, tire balancing machines, tire changing equipment, four-wheel alignment systems, vehicle frame straightening racks, and automated vehicle testing lines. Furthermore, they develop and market a variety of software solutions, including general computer software, information system software, and technology pertaining to car sharing. Established in 1992, Launch Tech Company Limited maintains its headquarters in Shenzhen, People's Republic of China.
Technical Analysis
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