2488: Launch Tech Company Limited - Summary | Jitta

Launch Tech Company Limited

HKG:2488

Price
HK$7.27
Loss Chance
42.4%
6.80JITTA SCORE
10.48%Under Jitta Line
Jitta Ranking
301 / 2,518
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (65)
Recent Business Performance (60)
Financial Strength (83)
Return to Shareholders (71)
Competitive Advantage (69)
Jitta Signs
Debt LevelLow Long Term Debt
Share RepurchaseEvery Year
Interest Coverage RatioVery Good
Revenue and EarningEarning loss detected in 2020
Operating MarginInconsistent
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
6.80
10.48%
Automotive Parts and Equipment
6.32
28.66%
4.78
74.29%
3.47
307.14%
COMPANY DESCRIPTION
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, Europe Overseas sales, and U.S. Overseas Sales. The company is involved in the research and development, production, and sale of automotive diagnostic and inspection products; car diagnosis, testing, and sales of maintenance equipment; and software and information technology services. It also engages in sales of computer software and hardware, electronic products and technical information consulting services; research and experimental development; internet and related services; professional technology services; as well as sales and services of auto diagnostic products. The company was founded in 1992 and is headquartered in Shenzhen, China.