0.43HKD
186.64 MHKD
1.76 BHKD
152.90 M
About LAUNCH TECH CO LTD
Sector
Industry
CEO
Xin Liu
Website
Headquarters
Shenzhen
Employees (FY)
952
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 2.74 HKD — it has increased by 4.58% in the past 24 hours.
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.
LAUNCH TECH CO LTD is going to release the next earnings report on Aug 26, 2024. Keep track of upcoming events with our Earnings Calendar.
2488 stock is 4.98% volatile and has beta coefficient of −0.25. Check out the list of the most volatile stocks — is LAUNCH TECH CO LTD there?
Yes, you can track LAUNCH TECH CO LTD financials in yearly and quarterly reports right on TradingView.
2488 stock has risen by 9.60% compared to the previous week, the month change is a 41.97% rise, over the last year LAUNCH TECH CO LTD has showed a 19.13% increase.
2488 net income for the last quarter is 112.21 M HKD, while the quarter before that showed 73.55 M HKD of net income which accounts for 52.56% change. Track more LAUNCH TECH CO LTD financial stats to get the full picture.
Today LAUNCH TECH CO LTD has the market capitalization of 1.09 B, it has increased by 4.96% over the last week.
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.
As of Apr 25, 2024, the company has 952.00 employees. See our rating of the largest employees — is LAUNCH TECH CO LTD on this list?
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 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 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.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LAUNCH TECH CO LTD EBITDA is 221.39 M HKD, and current EBITDA margin is 14.99%. See more stats in LAUNCH TECH CO LTD financial statements.