Launch Tech Co Ltd

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Launch Tech Co Ltd (2488) Price Performance

Launch Tech Co Ltd (2488) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Consumer Cyclical sector under the Auto Parts industry. The stock currently trades at HKD8.73, down 2.46% from the previous close.

Over the past year, 2488 has traded between a low of HKD7.79 and a high of HKD14.29. The stock has lost 21.0% over this period. It is currently 38.9% below its 52-week high.

Launch Tech Co Ltd has a market capitalization of $3.64B, with a price-to-earnings ratio of 8.62 and a dividend yield of 8.49%.

About Launch Tech Co Ltd

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 maintenance equipment; automotive diagnosis, inspection, repair, and maintenance software; auto electronic products; computer hardware, software, and information system software; and computer network engineering, as well as development and consulting of computer technology; import and export business; development and distribution of computer software and hardware technology; and computer network projects, computer graphic design, graphic design, and corporate image planning businesses. It also provides consulting services for electronic products and technical; communication equipment; internet information consultation services; information network services; agent services for import and export of various commodities and technologies; big data, information, and internet technology services; software services; and internet and related services. In addition, the company engages in research and development of intelligent technology and car sharing technology; development of application software; and research, development, production, sale, and rental of electronic products. The company was founded in 1992 and is headquartered in Shenzhen, China.