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Launch Tech Company Limited is currently in a long term uptrend where the price is trading 12.8% above its 200 day moving average.
From a valuation standpoint, the stock is 69.0% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.5.
Launch Tech Company Limited's total revenue rose by 31.0% to $678M since the same quarter in the previous year.
Its net income has increased by 46.2% to $-94M since the same quarter in the previous year.
Based on the above factors, Launch Tech Company Limited gets an overall score of 4/5.
| ISIN | CNE1000000V6 |
|---|---|
| Sector | Consumer Cyclical |
| Industry | Auto Parts |
| CurrencyCode | HKD |
| Exchange | HK |
| PE Ratio | 8.82 |
|---|---|
| Target Price | 10.514 |
| Beta | -0.35 |
| Market Cap | 3B |
| Dividend Yield | 8.4% |
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.
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