2488.HK

Launch Tech Company Limited [2488.HK] Stock Forecast

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2488.HK Stock Summary

EPS has been increasing for the past 3 years (Yearly statements)

Earnings are expected to fall -100% next year

2488.HK has less than 1 year of cash runway

In the News

2488.HK Financial details

Company Rating

Buy

Market Cap

1.09B

Income

351.87M

Revenue

1.35B

Book val./share

2.64

Cash/share

1.48

Dividend

0.37

Dividend %

20.3%

Employees

932

Optionable

Shortable

Yes

Earnings

27 Mar 2024

P/E

2.21

Forward P/E

PEG

0.08

P/S

0.62

P/B

0.68

P/C

1.7

P/FCF

79.16

Quick Ratio

0.79

Current Ratio

1.97

Debt / Equity

0.28

LT Debt / Equity

0.16

EPS (TTM)

0.81

EPS next Y

EPS next Q

EPS this Y

261.9%

EPS next Y

EPS next 5Y

EPS last 5Y

36.56%

Revenue last 5Y

2.34%

Revenue Q/Q

EPS Q/Q

SMA20

50%

SMA50

50%

SMA100

50%

Inst Own

Inst Trans

ROA

17%

ROE

36%

ROC

0.05%

Gross Margin

37%

Oper. Margin

Profit Margin

28%

Payout

Shs Outstand

Shs Float

Target Price

52W Range

1.53-2.97

52W High

+25.5%

52W Low

+151%

RSI

Rel Volume

0.14

Avg Volume

164.17K

Volume

23K

Perf Week

-8.73%

Perf Month

47.65%

Perf Quarter

Perf Half Y

34.22%

Beta

-0.146

Volatility

0.08%, 0.39%

Prev Close

-1.57%

Price

2.51

Change

0.4%

2488.HK Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.8	2.18	2.47	3.11	2.72
Net income per share	0.16	-0.32	-0.28	0.21	0.76
Operating cash flow per share	0.2	0.29	0.47	-0.03	0.17
Free cash flow per share	-0.01	0.07	0.37	-0.15	0.02
Cash per share	0.89	1.11	0.77	0.96	1.26
Book value per share	2.59	1.79	1.51	1.72	2.48
Tangible book value per share	2.04	1.4	1.31	1.49	2.16
Share holders equity per share	2.59	1.79	1.51	1.72	2.48
Interest debt per share	0.81	1.44	1.1	1.02	1.35
Market cap	1.95B	1.23B	1.53B	1.04B	1.02B
Enterprise value	1.91B	1.35B	1.59B	1.05B	1.06B
P/E ratio	33.02	-8.99	-12.74	11.3	3.12
Price to sales ratio	1.86	1.31	1.44	0.78	0.87
POCF ratio	25.76	9.74	7.53	-73.67	14.34
PFCF ratio	-552.31	38.32	9.69	-16.51	110.65
P/B Ratio	2.01	1.59	2.35	1.4	0.95
PTB ratio	2.01	1.59	2.35	1.4	0.95
EV to sales	1.82	1.44	1.49	0.78	0.9
Enterprise value over EBITDA	9.98	22.48	15.65	5.33	8.91
EV to operating cash flow	25.32	10.71	7.82	-74.36	14.82
EV to free cash flow	-542.72	42.12	10.06	-16.66	114.42
Earnings yield	0.03	-0.11	-0.08	0.09	0.32
Free cash flow yield	0	0.03	0.1	-0.06	0.01
Debt to equity	0.29	0.78	0.7	0.57	0.52
Debt to assets	0.19	0.37	0.33	0.27	0.28
Net debt to EBITDA	-0.18	2.03	0.57	0.05	0.29
Current ratio	1.61	1.17	1.14	1.17	1.97
Interest coverage	3.75	-2.42	0.16	7.25	2.77
Income quality	1.28	-0.92	-1.69	-0.15	0.22
Dividend Yield	0.06	0.04	0.01	0.01	0.02
Payout ratio	1.83	-0.39	-0.18	0.13	0.07
Sales general and administrative to revenue	0.07	0.08	0.05	0.05	0.04
Research and developement to revenue	0.15	0.28	0.25	0.15	0.04
Intangibles to total assets	0.13	0.1	0.06	0.07	0.07
Capex to operating cash flow	-1.05	-0.75	-0.22	3.46	-0.87
Capex to revenue	-0.08	-0.1	-0.04	-0.04	-0.05
Capex to depreciation	-0.91	-0.82	-0.46	-0.78	-1.14
Stock based compensation to revenue	0	0	0	0	0
Graham number	3.03	3.57	3.08	2.88	6.51
ROIC	0.05	-0.04	0	0.08	0.04
Return on tangible assets	0.04	-0.09	-0.09	0.06	0.18
Graham Net	0.37	-0.14	-0.33	-0.16	0.36
Working capital	337.36M	144.69M	99.01M	139.79M	676.89M
Tangible asset value	765.42M	603.99M	568.27M	643.76M	931.75M
Net current asset value	317.09M	122.86M	84.95M	131.2M	457.24M
Invested capital	0.29	0.78	0.7	0.57	0.52
Average receivables	201.97M	360.09M	286.72M	275M	414.16M
Average payables	140.03M	151.45M	137.81M	176.04M	194.91M
Average inventory	152.26M	158.51M	163.62M	186.07M	228.07M
Days sales outstanding	140.62	122.57	87.85	79.47	166.06
Days payables outstanding	96.01	96.34	83.56	96.92	84.8
Days of inventory on hand	88.2	115.07	98.58	95.03	119.41
Receivables turnover	2.6	2.98	4.15	4.59	2.2
Payables turnover	3.8	3.79	4.37	3.77	4.3
Inventory turnover	4.14	3.17	3.7	3.84	3.06
ROE	0.06	-0.18	-0.18	0.12	0.31
Capex per share	-0.21	-0.22	-0.11	-0.11	-0.14

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	0.64	0.73	0.73	0.83	0.83
Net income per share	0.05	0.33	0.33	0.08	0.08
Operating cash flow per share	0	0	0.11	0	0.04
Free cash flow per share	0	0	0.11	0	0.04
Cash per share	1	1.26	1.26	1.48	1.48
Book value per share	1.82	2.48	2.48	2.64	2.64
Tangible book value per share	1.61	2.16	2.16	2.34	2.34
Share holders equity per share	1.82	2.48	2.48	2.64	2.64
Interest debt per share	1.26	0.47	1.3	0.43	0.75
Market cap	1.16B	1.04B	1.02B	740.62M	738.92M
Enterprise value	1.28B	512.49M	1.06B	124.08M	445.82M
P/E ratio	14.1	1.81	1.78	5.69	5.68
Price to sales ratio	4.23	3.31	3.26	2.05	2.05
POCF ratio	0	0	22.09	0	40.84
PFCF ratio	0	0	22.09	0	40.84
P/B Ratio	1.47	0.97	0.95	0.65	0.65
PTB ratio	1.47	0.97	0.95	0.65	0.65
EV to sales	4.67	1.63	3.37	0.34	1.24
Enterprise value over EBITDA	32.13	25.16	78.68	2.57	9.25
EV to operating cash flow	0	0	22.85	0	24.64
EV to free cash flow	0	0	22.85	0	24.64
Earnings yield	0.02	0.14	0.14	0.04	0.04
Free cash flow yield	0	0	0.05	0	0.02
Debt to equity	0.69	0.19	0.52	0.16	0.28
Debt to assets	0.32	0.1	0.28	0.1	0.17
Net debt to EBITDA	3	-25.8	2.6	-12.79	-6.08
Current ratio	2.13	1.97	1.97	2.3	2.3
Interest coverage	0	0	3.76	0	17.68
Income quality	0	0	0.32	0	0.56
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.06	0.09	0.09	0.07	0.07
Research and developement to revenue	0.16	0.16	0.16	0.11	0.11
Intangibles to total assets	0.05	0.07	0.07	0.07	0.07
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	1.4	4.3	4.3	2.11	2.11
ROIC	0.02	0	0	0.03	0.03
Return on tangible assets	0.01	0.08	0.08	0.02	0.02
Graham Net	-0.19	-0.23	0.36	0.45	0.64
Working capital	568.34M	676.89M	676.89M	715.94M	715.94M
Tangible asset value	696.26M	931.75M	931.75M	1.01B	1.01B
Net current asset value	156.61M	457.24M	457.24M	510.31M	510.31M
Invested capital	0.69	0.19	0.52	0.16	0.28
Average receivables	0	283.44M	367.09M	398.33M	315.92M
Average payables	0	214.67M	207.9M	180.28M	187.71M
Average inventory	0	246.73M	243.37M	239.86M	236.35M
Days sales outstanding	120.66	56.96	153.55	65.18	92.53
Days payables outstanding	100.62	104.5	74.34	77.07	77.07
Days of inventory on hand	135.03	104.68	104.68	97.04	97.04
Receivables turnover	0.75	1.58	0.59	1.38	0.97
Payables turnover	0.89	0.86	1.21	1.17	1.17
Inventory turnover	0.67	0.86	0.86	0.93	0.93
ROE	0.03	0.13	0.13	0.03	0.03
Capex per share	0	0	0	0	0

2488.HK Dividend History

2488.HK Frequently Asked Questions

What is Launch Tech Company Limited stock symbol ?

Launch Tech Company Limited is a CN stock and trading under the symbol 2488.HK

What is Launch Tech Company Limited stock quote today ?

Launch Tech Company Limited stock price is $2.51 today.

Is Launch Tech Company Limited stock public?

Yes, Launch Tech Company Limited is a publicly traded company.

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Company Profile

Volume Average 164.17K
Market Capitalization 1.09B
Employee 932
CEO Mr. Xin Liu FCCA
Headquarters Shenzhen,CN
IPO Date 2002-10-07
Website https://www.cnlaunch.com

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.