Want to see HK:2488 full AI Analyst Report?
Launch Tech Co. Ltd. Class H (2488) Ratios
Launch Tech Co. Ltd. Class H Ratios
HK:2488's free cash flow for Q2 2026 was $127.79M. For the 2026 fiscal year, HK:2488's free cash flow was increased by $0.00 and operating cash flow was $127.79M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.76 | 2.10 | 2.05 | 1.97 | 1.17 |
| Quick Ratio | 1.40 | 1.73 | 1.70 | 1.62 | 0.91 |
| Cash Ratio | 0.73 | 0.94 | 1.05 | 0.76 | 0.52 |
| Solvency Ratio | 0.41 | 0.51 | 0.28 | 0.41 | 0.19 |
| Operating Cash Flow Ratio | 0.63 | 0.67 | 0.28 | 0.10 | -0.02 |
| Short-Term Operating Cash Flow Coverage | 5.26 | 3.94 | 0.74 | 0.21 | -0.04 |
| Net Current Asset Value | $ 380.89M | $ 474.05M | $ 425.19M | $ 457.24M | $ 131.20M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.13 | 0.13 | 0.22 | 0.28 | 0.26 |
| Debt-to-Equity Ratio | 0.22 | 0.22 | 0.39 | 0.52 | 0.54 |
| Debt-to-Capital Ratio | 0.18 | 0.18 | 0.28 | 0.34 | 0.35 |
| Long-Term Debt-to-Capital Ratio | 0.11 | 0.11 | 0.14 | 0.16 | 0.00 |
| Financial Leverage Ratio | 1.77 | 1.61 | 1.74 | 1.85 | 2.09 |
| Debt Service Coverage Ratio | 3.78 | 3.43 | 0.97 | 0.29 | 0.41 |
| Interest Coverage Ratio | 24.40 | 19.75 | 10.86 | 15.03 | 7.25 |
| Debt to Market Cap | 0.08 | 0.07 | 0.54 | 0.54 | 0.38 |
| Interest Debt Per Share | 0.69 | 0.69 | 1.00 | 1.35 | 0.96 |
| Net Debt to EBITDA | -0.69 | -0.68 | -0.87 | 0.29 | -0.09 |
| Profitability Margins | |||||
| Gross Profit Margin | 47.14% | 47.56% | 42.95% | 36.80% | 39.23% |
| EBIT Margin | 17.13% | 19.26% | 11.81% | 5.98% | 8.64% |
| EBITDA Margin | 18.73% | 21.80% | 14.72% | 10.18% | 13.34% |
| Operating Profit Margin | 16.33% | 18.71% | 10.82% | 29.72% | 7.60% |
| Pretax Profit Margin | 16.71% | 18.54% | 10.81% | 29.10% | 7.59% |
| Net Profit Margin | 16.32% | 18.04% | 10.57% | 27.87% | 6.87% |
| Continuous Operations Profit Margin | 16.53% | 18.13% | 10.57% | 27.87% | 6.87% |
| Net Income Per EBT | 97.64% | 97.30% | 97.72% | 95.78% | 90.52% |
| EBT Per EBIT | 102.33% | 99.08% | 99.95% | 97.91% | 99.86% |
| Return on Assets (ROA) | 15.90% | 17.00% | 9.10% | 16.51% | 5.94% |
| Return on Equity (ROE) | 28.15% | 27.42% | 15.83% | 30.61% | 12.40% |
| Return on Capital Employed (ROCE) | 24.27% | 24.95% | 13.64% | 27.08% | 13.55% |
| Return on Invested Capital (ROIC) | 22.58% | 22.72% | 11.29% | 20.41% | 8.03% |
| Return on Tangible Assets | 17.48% | 18.91% | 9.87% | 17.77% | 6.36% |
| Earnings Yield | 10.75% | 9.53% | 22.84% | 32.07% | 8.87% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.72 | 5.38 | 5.98 | 5.93 | 6.35 |
| Payables Turnover | 4.43 | 4.90 | 5.56 | 4.30 | 3.77 |
| Inventory Turnover | 4.17 | 4.64 | 4.40 | 3.06 | 3.84 |
| Fixed Asset Turnover | 7.86 | 10.76 | 3.70 | 3.03 | 3.21 |
| Asset Turnover | 0.97 | 0.94 | 0.86 | 0.59 | 0.86 |
| Working Capital Turnover Ratio | 3.49 | 2.99 | 2.47 | 2.88 | 11.26 |
| Cash Conversion Cycle | 68.97 | 71.94 | 78.36 | 96.20 | 55.60 |
| Days of Sales Outstanding | 63.82 | 67.79 | 61.04 | 61.60 | 57.49 |
| Days of Inventory Outstanding | 87.54 | 78.69 | 82.93 | 119.41 | 95.03 |
| Days of Payables Outstanding | 82.39 | 74.53 | 65.61 | 84.80 | 96.92 |
| Operating Cycle | 151.36 | 146.48 | 143.97 | 181.01 | 152.52 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.14 | 0.94 | 0.38 | 0.17 | -0.03 |
| Free Cash Flow Per Share | 1.01 | 0.76 | 0.18 | 0.02 | -0.15 |
| Dividend Paid and CapEx Coverage Ratio | 1.31 | 1.41 | 0.69 | 0.83 | -0.23 |
| Capital Expenditure Coverage Ratio | 8.79 | 5.19 | 1.89 | 1.15 | -0.29 |
| Operating Cash Flow Coverage Ratio | 1.73 | 1.46 | 0.39 | 0.13 | -0.04 |
| Operating Cash Flow to Sales Ratio | 0.22 | 0.21 | 0.10 | 0.06 | -0.01 |
| Free Cash Flow Yield | 13.00% | 8.87% | 10.41% | 0.90% | -6.07% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 9.33 | 10.49 | 4.38 | 3.12 | 11.28 |
| Price-to-Sales (P/S) Ratio | 1.52 | 1.89 | 0.46 | 0.87 | 0.77 |
| Price-to-Book (P/B) Ratio | 2.62 | 2.88 | 0.69 | 0.95 | 1.40 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 7.69 | 11.27 | 9.61 | 110.63 | -16.47 |
| Price-to-Operating Cash Flow Ratio | 6.81 | 9.10 | 4.52 | 14.33 | -73.51 |
| Price-to-Earnings Growth (PEG) Ratio | 7.65 | 0.10 | -0.09 | 0.01 | -0.06 |
| Enterprise Value Multiple | 7.42 | 8.00 | 2.27 | 8.83 | 5.71 |
| Enterprise Value | 2.93B | 3.28B | 534.35M | 1.06B | 1.03B |
| EV to EBITDA | 7.42 | 8.00 | 2.27 | 8.83 | 5.71 |
| EV to Sales | 1.39 | 1.74 | 0.33 | 0.90 | 0.76 |
| EV to Free Cash Flow | 7.04 | 10.39 | 6.94 | 114.41 | -16.21 |
| EV to Operating Cash Flow | 6.24 | 8.38 | 3.27 | 14.82 | -72.35 |
| Tangible Book Value Per Share | 2.51 | 2.51 | 2.17 | 2.16 | 1.49 |
| Shareholders’ Equity Per Share | 2.96 | 2.98 | 2.48 | 2.48 | 1.72 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.01 | 0.02 | 0.02 | 0.04 | 0.09 |
| Revenue Per Share | 5.10 | 4.53 | 3.72 | 2.72 | 3.11 |
| Net Income Per Share | 0.83 | 0.82 | 0.39 | 0.76 | 0.21 |
| Tax Burden | 0.98 | 0.97 | 0.98 | 0.96 | 0.91 |
| Interest Burden | 0.98 | 0.96 | 0.92 | 4.86 | 0.88 |
| Research & Development to Revenue | 0.10 | 0.11 | 0.11 | 0.04 | 0.15 |
| SG&A to Revenue | 0.07 | 0.08 | 0.04 | 0.04 | 0.05 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.40 | 1.15 | 0.97 | 0.22 | -0.15 |
Currency in CNY