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Launch Tech Co. Ltd. Class H (DE:LAN)
FRANKFURT:LAN
Germany Market
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Launch Tech Co. Ltd. Class H (LAN) Ratios

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Launch Tech Co. Ltd. Class H Ratios

DE:LAN's free cash flow for Q2 2025 was ¥0.49. For the 2025 fiscal year, DE:LAN's free cash flow was decreased by ¥ and operating cash flow was ¥0.20. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.81 2.05 1.97 1.17 1.14
Quick Ratio
1.40 1.70 1.62 0.91 0.92
Cash Ratio
0.72 1.05 0.76 0.52 0.54
Solvency Ratio
0.48 0.28 0.42 0.19 -0.03
Operating Cash Flow Ratio
0.67 0.28 0.10 -0.02 0.28
Short-Term Operating Cash Flow Coverage
3.83 0.74 0.21 -0.03 0.45
Net Current Asset Value
¥ 443.98M¥ 425.19M¥ 457.24M¥ 131.20M¥ 84.95M
Leverage Ratios
Debt-to-Assets Ratio
0.14 0.22 0.28 0.27 0.33
Debt-to-Equity Ratio
0.25 0.39 0.52 0.57 0.70
Debt-to-Capital Ratio
0.20 0.28 0.34 0.36 0.41
Long-Term Debt-to-Capital Ratio
0.11 0.14 0.16 0.00 0.00
Financial Leverage Ratio
1.77 1.74 1.85 2.09 2.14
Debt Service Coverage Ratio
3.04 0.97 0.28 0.39 >-0.01
Interest Coverage Ratio
28.75 10.86 2.77 7.25 0.16
Debt to Market Cap
0.08 0.54 0.54 0.40 0.29
Interest Debt Per Share
0.77 1.00 1.35 1.02 1.10
Net Debt to EBITDA
-0.54 -0.87 0.29 0.05 -57.15
Profitability Margins
Gross Profit Margin
50.53%42.95%36.80%39.23%44.78%
EBIT Margin
20.72%11.81%31.07%8.64%-9.34%
EBITDA Margin
24.19%14.72%10.09%13.34%-0.10%
Operating Profit Margin
20.90%10.82%5.47%7.60%0.29%
Pretax Profit Margin
20.96%10.81%29.10%7.59%-11.16%
Net Profit Margin
20.47%10.57%27.87%6.87%-11.27%
Continuous Operations Profit Margin
20.63%10.57%27.87%6.87%-11.27%
Net Income Per EBT
97.71%97.72%95.78%90.52%100.98%
EBT Per EBIT
100.27%99.95%532.16%99.86%-3851.04%
Return on Assets (ROA)
17.54%9.10%16.51%5.94%-8.60%
Return on Equity (ROE)
30.93%15.83%30.61%12.40%-18.44%
Return on Capital Employed (ROCE)
27.54%13.64%4.98%13.55%0.46%
Return on Invested Capital (ROIC)
24.79%11.29%3.75%7.86%0.28%
Return on Tangible Assets
19.28%9.87%17.77%6.36%-9.16%
Earnings Yield
10.90%22.84%32.07%8.87%-7.85%
Efficiency Ratios
Receivables Turnover
4.56 399.59M 5.93 6.35 5.46
Payables Turnover
3.69 5.56 4.30 3.77 4.37
Inventory Turnover
2.94 4.40 3.06 3.84 3.70
Fixed Asset Turnover
8.89 3.70 3.03 3.21 2.61
Asset Turnover
0.86 0.86 0.59 0.86 0.76
Working Capital Turnover Ratio
2.95 2.47 2.88 11.26 8.77
Cash Conversion Cycle
105.17 17.32 96.20 55.60 81.91
Days of Sales Outstanding
79.97 <0.01 61.60 57.49 66.88
Days of Inventory Outstanding
124.04 82.93 119.41 95.03 98.58
Days of Payables Outstanding
98.84 65.61 84.80 96.92 83.56
Operating Cycle
204.01 82.93 181.01 152.52 165.46
Cash Flow Ratios
Operating Cash Flow Per Share
1.23 0.38 0.17 -0.03 0.47
Free Cash Flow Per Share
1.04 0.18 0.02 -0.15 0.37
CapEx Per Share
0.18 0.20 0.14 0.11 0.11
Free Cash Flow to Operating Cash Flow
0.85 0.47 0.13 4.46 0.78
Dividend Paid and CapEx Coverage Ratio
1.83 0.69 0.83 -0.23 3.04
Capital Expenditure Coverage Ratio
6.75 1.89 1.15 -0.29 4.49
Operating Cash Flow Coverage Ratio
1.67 0.39 0.13 -0.03 0.45
Operating Cash Flow to Sales Ratio
0.27 0.10 0.06 -0.01 0.19
Free Cash Flow Yield
12.38%10.41%0.90%-6.07%10.33%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
9.18 4.38 3.12 11.28 -12.74
Price-to-Sales (P/S) Ratio
1.88 0.46 0.87 0.77 1.44
Price-to-Book (P/B) Ratio
2.85 0.69 0.95 1.40 2.35
Price-to-Free Cash Flow (P/FCF) Ratio
8.08 9.61 110.63 -16.47 9.68
Price-to-Operating Cash Flow Ratio
6.88 4.52 14.33 -73.51 7.53
Price-to-Earnings Growth (PEG) Ratio
0.75 -0.09 0.01 -0.06 1.02
Price-to-Fair Value
2.85 0.69 0.95 1.40 2.35
Enterprise Value Multiple
7.23 2.27 8.91 5.86 -1.56K
Enterprise Value
3.26B 534.35M 1.06B 1.05B 1.59B
EV to EBITDA
7.23 2.27 8.91 5.86 -1.56K
EV to Sales
1.75 0.33 0.90 0.78 1.49
EV to Free Cash Flow
7.51 6.94 114.41 -16.63 10.05
EV to Operating Cash Flow
6.40 3.27 14.82 -74.21 7.82
Tangible Book Value Per Share
2.51 2.17 2.16 1.49 1.31
Shareholders’ Equity Per Share
2.96 2.48 2.48 1.72 1.51
Tax and Other Ratios
Effective Tax Rate
0.02 0.02 0.04 0.09 >-0.01
Revenue Per Share
4.49 3.72 2.72 3.11 2.47
Net Income Per Share
0.92 0.39 0.76 0.21 -0.28
Tax Burden
0.98 0.98 0.96 0.91 1.01
Interest Burden
1.01 0.92 0.94 0.88 1.20
Research & Development to Revenue
0.11 0.11 0.04 0.15 0.25
SG&A to Revenue
0.06 0.04 0.04 0.05 0.05
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
1.33 0.97 0.22 -0.15 -1.69
Currency in CNY
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