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Launch Tech Co Ltd

2488:HKG

Launch Tech Co Ltd

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IndustrialsElectronic and Electrical Equipment
  • Price (HKD)4.78
  • Today's Change-0.03 / -0.62%
  • Shares traded329.50k
  • 1 Year change+152.91%
  • Beta0.6229
Data delayed at least 15 minutes, as of Sep 20 2024 09:08 BST.
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Inc stmt in CNYIncome statement in CNYView more

Year on year Launch Tech Co Ltd had net income fall -48.51% from 328.03m to 168.90m despite a 35.79% increase in revenues from 1.18bn to 1.60bn. An increase in the selling, general and administrative costs as a percentage of sales from 14.58% to 18.60% was a component in the falling net income despite rising revenues.
Gross margin43.97%
Net profit margin13.67%
Operating margin14.04%
Return on assets13.46%
Return on equity22.68%
Return on investment20.69%
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Cash flow in CNYView more

In 2023, Launch Tech Co Ltd increased its cash reserves by 24.75%, or 121.18m. Cash Flow from Investing totalled 173.01m, indicating this company earned more from the sale of existing assets than it spent on the purchase of new assets. In addition the company generated 163.61m in cash from operations while cash used for financing totalled 212.88m.
Cash flow per share0.8181
Price/Cash flow per share5.80
Book value per share2.97
Tangible book value per share2.55
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Balance sheet in CNYView more

Launch Tech Co Ltd has a Debt to Total Capital ratio of 14.67%, a lower figure than the previous year's 16.30%.
Current ratio1.60
Quick ratio1.28
Total debt/total equity0.1726
Total debt/total capital0.1467
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