tiprankstipranks
Trending News
More News >
Launch Tech Co. Ltd. Class H (HK:2488)
:2488

Launch Tech Co. Ltd. Class H (2488) AI Stock Analysis

Compare
0 Followers

Top Page

HK

Launch Tech Co. Ltd. Class H

(Frankfurt:2488)

Rating:78Outperform
Price Target:
Launch Tech Co. Ltd. Class H is exhibiting strong financial performance with robust revenue growth and profitability, a stable balance sheet, and solid cash flow. The technical indicators show a moderate upward price trend, indicating potential for further growth. The valuation is fair with an attractive dividend yield, enhancing the stock's appeal. Overall, the company is well-positioned in its industry, contributing to a solid stock score.

Launch Tech Co. Ltd. Class H (2488) vs. iShares MSCI Hong Kong ETF (EWH)

Launch Tech Co. Ltd. Class H Business Overview & Revenue Model

Company DescriptionLaunch Tech Co. Ltd. Class H (2488) is a company that specializes in the automotive industry, focusing on the development and production of advanced diagnostic tools and equipment. The company offers a range of products including automotive diagnostic solutions, equipment for motor vehicle repair and maintenance, and emission testing systems. Launch Tech Co. Ltd. is known for its innovative approach in integrating technology with automotive diagnostics, providing comprehensive solutions to a global market.
How the Company Makes MoneyLaunch Tech Co. Ltd. makes money primarily through the sale of its automotive diagnostic tools and equipment. The company's revenue streams include direct sales to automotive repair shops, dealerships, and service centers, as well as distribution partnerships with automotive suppliers worldwide. Additionally, the company may earn revenue from providing after-sales services, such as maintenance and training on their equipment, and through software updates for their diagnostic tools. Significant partnerships with automotive manufacturers and service networks enhance its market reach and customer base, contributing to its financial performance.

Launch Tech Co. Ltd. Class H Financial Statement Overview

Summary
Overall, Launch Tech Co. Ltd. Class H demonstrates solid financial health with strong growth in revenue and profitability. The balance sheet is well-managed with low leverage and high returns on equity. Cash flow performance is robust, supporting operational sustainability. The company is well-positioned for future growth with a stable financial foundation.
Income Statement
85
Very Positive
The company exhibits strong revenue growth with a 17.75% increase from the previous year. Gross profit margin remains robust at 47.54%, indicating effective cost management. Net profit margin has improved significantly to 18.04%, showcasing enhanced profitability. EBIT and EBITDA margins are healthy at 18.71% and 21.79% respectively, reflecting efficient operations and strong earnings before interest and taxes.
Balance Sheet
78
Positive
The balance sheet is stable with a manageable debt-to-equity ratio of 0.22, indicating low leverage. Return on equity is impressive at 27.42%, revealing strong returns for shareholders. The equity ratio stands at 61.99%, demonstrating a solid foundation of equity to support assets.
Cash Flow
80
Positive
The company has shown strong cash flow performance with a free cash flow growth rate of 310.50%. The operating cash flow to net income ratio is 1.15, indicating efficient conversion of income to cash. The free cash flow to net income ratio is 0.93, reflecting healthy free cash generation relative to net income.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.88B1.60B1.18B1.34B1.07B
Gross Profit895.08M686.50M433.16M527.62M478.55M
EBITDA410.22M235.28M118.75M179.45M
Net Income339.51M168.90M328.03M92.39M
Balance Sheet
Total Assets2.00B1.86B1.99B1.56B1.40B
Cash, Cash Equivalents and Short-Term Investments557.39M625.58M546.51M415.39M396.94M
Total Debt267.57M414.35M560.38M425.18M455.48M
Total Liabilities752.84M780.38M914.66M810.02M747.36M
Stockholders Equity1.24B1.07B1.07B745.32M653.40M
Cash Flow
Free Cash Flow315.94M76.97M9.24M158.45M
Operating Cash Flow391.42M163.61M71.35M203.84M
Investing Cash Flow173.01M
Financing Cash Flow26.07M125.48M

Launch Tech Co. Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Positive
Last Price12.98
Price Trends
50DMA
12.18
Positive
100DMA
10.93
Positive
200DMA
8.67
Positive
Market Momentum
MACD
0.18
Negative
RSI
59.33
Neutral
STOCH
68.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2488, the sentiment is Positive. The current price of 12.98 is above the 20-day moving average (MA) of 12.56, above the 50-day MA of 12.18, and above the 200-day MA of 8.67, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 59.33 is Neutral, neither overbought nor oversold. The STOCH value of 68.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2488.

Launch Tech Co. Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$259.14B15.4528.11%2.54%11.51%47.88%
78
Outperform
HK$5.40B14.6829.08%7.50%15.56%104.76%
77
Outperform
$71.10B10.8613.65%7.46%-5.28%-13.15%
72
Outperform
HK$25.28B19.426.68%3.16%0.24%-31.74%
56
Neutral
$3.18B5.02-5.68%5.66%8.05%-41.83%
54
Neutral
HK$513.02M9.293.77%-11.44%111.76%
47
Neutral
HK$1.07B-10.39%-13.12%-129.61%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2488
Launch Tech Co. Ltd. Class H
13.00
9.21
242.74%
HK:1028
C.banner International Holdings Ltd.
0.25
0.01
4.17%
HK:3336
Ju Teng International Holdings Limited
1.24
-0.04
-3.13%
HK:2020
ANTA Sports Products
93.00
22.72
32.33%
HK:2688
ENN Energy Holdings
63.00
2.56
4.24%
HK:6869
Yangtze Optical Fibre and Cable Joint Stock Co
19.90
12.12
155.95%

Launch Tech Co. Ltd. Class H Corporate Events

Launch Tech Co. Ltd. Announces Successful AGM Resolutions
Apr 25, 2025

Launch Tech Co. Ltd. announced the successful passing of all resolutions at its Annual General Meeting held on April 25, 2025. The resolutions included the approval of the Directors’ and Supervisory Committee’s reports, audited financial statements, reappointment of the independent auditor, and the reappointment of key executive directors. This outcome reflects strong shareholder support and is likely to positively impact the company’s governance and operational continuity.

Launch Tech Co. Ltd. Announces Final Dividend for 2024
Apr 3, 2025

Launch Tech Company Limited has announced a final cash dividend of RMB 0.45 per share for the financial year ending December 31, 2024. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08307, with the payment date set for May 23, 2025. The ex-dividend date is April 29, 2025, and the record date is May 8, 2025. Non-resident enterprise shareholders will face a 10% withholding tax, while individual resident shareholders will be subject to a 20% tax rate. This announcement reflects the company’s commitment to returning value to its shareholders and may impact the company’s financial positioning and investor relations.

Launch Tech Co. Ltd. Announces AGM and Key Resolutions
Apr 3, 2025

Launch Tech Co. Ltd. has announced its Annual General Meeting, scheduled for April 25, 2025, where several key resolutions will be considered. These include approving the directors’ and auditors’ reports, re-appointing directors, and authorizing a profit distribution plan with a proposed cash dividend of RMB0.45 per share. Additionally, a special resolution will be discussed to grant the board a mandate to repurchase issued H shares, subject to regulatory approvals.

Launch Tech Co. Ltd. Announces Final Dividend for 2024
Mar 26, 2025

Launch Tech Company Limited has announced a final cash dividend of RMB 0.45 per share for the year ending December 31, 2024. The announcement includes details about the dividend’s nature, currency conversion, and payment process, but specific dates for shareholder approval and payment are yet to be announced.

Launch Tech Co. Ltd. Reports Robust 2024 Financial Results
Mar 25, 2025

Launch Tech Company Limited announced its 2024 annual financial results, reporting a turnover of RMB1,880 million and a net profit of RMB340 million. The company declared a final dividend of RMB0.45 per share, reflecting a strong financial performance. The results indicate a solid position in the market, with increased accounts receivable and investments in non-current assets, suggesting strategic growth and expansion efforts.

Launch Tech Co. Ltd. Announces 2024 Interim Dividend
Mar 25, 2025

Launch Tech Company Limited has announced a cash dividend distribution for the financial year ending December 31, 2024. The company declared a final ordinary dividend of RMB 0.45 per share, with further details on the exchange rate, ex-dividend date, and payment date to be announced. This announcement reflects the company’s financial performance and its commitment to returning value to shareholders, potentially impacting its market positioning and investor relations.

Launch Tech Co. Ltd. Schedules Board Meeting to Review Annual Results
Mar 13, 2025

Launch Tech Co. Ltd. has announced a board meeting scheduled for March 25, 2025, to discuss the annual results for the year ending December 31, 2024, and the potential declaration of dividends. This meeting is significant as it will provide insights into the company’s financial performance and future dividend policies, impacting stakeholders and the company’s market positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 24, 2025