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0.66 HKD
186.64 M HKD
1.76 B HKD
154.12 M
About LAUNCH TECH CO LTD
Sector
Industry
CEO
Xin Liu
Website
Headquarters
Shenzhen
Founded
1992
ISIN
CNE1000000V6
FIGI
BBG000P67RB9
Launch Tech Co., Ltd. engages in the research, development, and production of automotive diagnosis, testing, maintenance, and tire equipment. It operates through the following segments: Automotive Diagnosis, Lift, and Overseas Sales. The Automotive Diagnosis segment covers the research and development, production, and sales of automotive diagnostic and inspection products. The Lift segment offers machinery products in the automotive aftermarket. The Overseas Sales segment deals with the development and maintenance of European distributors and customers. The company was founded by Xin Liu and Jun Liu in 1992 and is headquartered in Shenzhen, China.
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Frequently Asked Questions
The current price of 2488 is 6.90 HKD — it has decreased by −3.76% in the past 24 hours. Watch LAUNCH TECH CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on HKEX exchange LAUNCH TECH CO LTD stocks are traded under the ticker 2488.
2488 stock has risen by 18.93% compared to the previous week, the month change is a 28.82% rise, over the last year LAUNCH TECH CO LTD has showed a 267.02% increase.
2488 reached its all-time high on Jun 2, 2015 with the price of 28.17 HKD, and its all-time low was 0.98 HKD and was reached on Aug 30, 2013. View more price dynamics on 2488 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
2488 stock is 6.60% volatile and has beta coefficient of 0.16. Track LAUNCH TECH CO LTD stock price on the chart and check out the list of the most volatile stocks — is LAUNCH TECH CO LTD there?
Today LAUNCH TECH CO LTD has the market capitalization of 2.77 B, it has increased by 1.68% over the last week.
Yes, you can track LAUNCH TECH CO LTD financials in yearly and quarterly reports right on TradingView.
LAUNCH TECH CO LTD is going to release the next earnings report on Mar 27, 2025. Keep track of upcoming events with our Earnings Calendar.
2488 net income for the last half-year is 165.20 M HKD, while the previous report showed 112.21 M HKD of net income which accounts for 47.22% change. Track more LAUNCH TECH CO LTD financial stats to get the full picture.
LAUNCH TECH CO LTD dividend yield was 36.53% in 2023, and payout ratio reached 146.31%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 952.00 employees. See our rating of the largest employees — is LAUNCH TECH CO LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LAUNCH TECH CO LTD EBITDA is 357.32 M HKD, and current EBITDA margin is 14.99%. See more stats in LAUNCH TECH CO LTD financial statements.
Like other stocks, 2488 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LAUNCH TECH CO LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So LAUNCH TECH CO LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating LAUNCH TECH CO LTD stock shows the strong buy signal. See more of LAUNCH TECH CO LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.