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Launch Tech Co. Ltd. Class H (2488) AI Stock Analysis
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Launch Tech Co. Ltd. Class H
(HKEX:2488)
The score is driven primarily by solid financial performance (strong recent profitability, improved leverage, and better cash generation) and attractive valuation (low P/E and high dividend yield). These positives are partially offset by weak technicals, with price below key moving averages and negative MACD indicating bearish near-term momentum.
Launch Tech Co. Ltd. Class H (2488) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.74B
- Dividend Yield
- 12.95%
- Average Volume (3M)
- 388.02K
- Price to Earnings (P/E)
- 6.6
- Beta (1Y)
- 0.14
- Revenue Growth
- 22.02%
- EPS Growth
- -10.82%
- Country
- Hong Kong
- Employees
- 1,208
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Parts
Launch Tech Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Launch Tech Company Limited, along with its affiliated entities, serves the global automotive sector, encompassing both the aftermarket and the broader automobile industry, across the People's Republic of China and internationally. Its operations are...
Launch Tech Co. Ltd. Class H Financial Statement Overview
Summary
Strong multi-year recovery with healthy recent profitability, improving leverage, and solid operating/free cash flow in 2024–2025. The score is tempered by historical volatility in margins/earnings and inconsistent cash conversion earlier in the cycle, including a dip in free cash flow in 2025 versus 2024.
Income Statement
82Very PositiveBalance Sheet
78PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.20B | 2.11B | 1.88B | 1.60B | 1.18B | 1.34B |
| Gross Profit | 1.02B | 994.31M | 895.08M | 686.50M | 425.23M | 519.68M |
| EBITDA | 399.77M | 395.06M | 410.22M | 235.28M | 124.80M | 179.45M |
| Net Income | 324.23M | 344.26M | 339.51M | 168.90M | 328.03M | 92.39M |
Balance Sheet | ||||||
| Total Assets | 2.53B | 2.17B | 2.00B | 1.86B | 1.99B | 1.56B |
| Cash, Cash Equivalents and Short-Term Investments | 633.56M | 580.39M | 557.39M | 625.58M | 546.51M | 415.39M |
| Total Debt | 440.58M | 271.80M | 267.57M | 414.35M | 560.38M | 398.89M |
| Total Liabilities | 1.30B | 931.84M | 752.84M | 780.38M | 914.66M | 810.02M |
| Stockholders Equity | 1.22B | 1.22B | 1.24B | 1.07B | 1.07B | 745.32M |
Cash Flow | ||||||
| Free Cash Flow | 355.15M | 416.51M | 315.94M | 76.97M | 9.24M | -63.23M |
| Operating Cash Flow | 408.61M | 469.97M | 391.42M | 163.61M | 71.35M | -14.17M |
| Investing Cash Flow | -55.95M | -85.87M | -114.87M | 173.01M | -29.84M | -71.37M |
| Financing Cash Flow | -274.80M | -388.47M | -342.21M | -212.88M | 26.07M | 125.48M |
Launch Tech Co. Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2488, the sentiment is Negative. The current price of 6.18 is below the 20-day moving average (MA) of 6.47, below the 50-day MA of 6.79, and below the 200-day MA of 7.25, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 40.16 is Neutral, neither overbought nor oversold. The STOCH value of 42.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2488.
Launch Tech Co. Ltd. Class H Peers Comparison
Overall Rating
- HK:248874Outperform
HK:360669Neutral
HK:969067Neutral
HK:841849Neutral
HK:253148Neutral
HK:036040Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2488 | 74Outperform | HKD 3.74B | 6.55 | 26.57% | 12.95% | 22.02% | -10.82% |
| HK:3606 | 69Neutral | HKD 157.17B | 16.87 | 21.68% | 4.96% | 13.06% | -0.41% |
| HK:9690 | 67Neutral | HKD 8.73B | 25.59 | 6.10% | ― | 15.91% | -37.62% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:8418 | 49Neutral | HKD 361.25M | 109.52 | 9.14% | ― | -44.66% | ― |
| HK:2531 | 48Neutral | HKD 1.13B | -24.75 | -6.42% | ― | -2.96% | -198.48% |
| HK:0360 | 40Underperform | HKD 602.59M | -4.30 | -38.18% | ― | 15.81% | -16.67% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2488 | Launch Tech Co. Ltd. Class H | 6.18 | -1.81 | -22.63% | |
| HK:0360 | New Focus Auto Tech Holdings | 0.04 | -0.01 | -27.08% | |
| HK:3606 | Fuyao Glass Industry Group Co., Ltd. Class H | 50.90 | -14.87 | -22.61% | |
| HK:8418 | Optima Automobile Group Holdings Limited | 0.42 | -0.02 | -3.41% | |
| HK:9690 | TUHU Car Inc. Class A | 11.54 | -6.24 | -35.10% | |
| HK:2531 | GL-Carlink Technology Holding Limited | 3.08 | -11.22 | -78.46% |
Launch Tech Co. Ltd. Class H Corporate Events
Launch Tech Sets August Board Meeting for Interim Results and Dividend Review
Launch Tech Company Limited has scheduled a board meeting for 10 August 2026 to review and approve its interim results for the six months ended 30 June 2026, and to consider a potential dividend declaration. The meeting signals an upcoming update on...
Launch Tech signs connected 2.5-year framework purchase deal
Launch Tech Company Limited has entered into a 2.5-year framework purchase agreement with a connected supplier group, under which the company will buy goods from 1 July 2026 to 31 December 2028. The arrangement covers automotive-related products that...
Launch Tech Completes Full H-Share Circulation, Boosting Free Float
Launch Tech Company Limited has completed the conversion of 194,241,600 domestic unlisted shares into H shares, marking a full circulation of its H shares on the Hong Kong Stock Exchange. Following this move, the company’s share structure now c...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 06, 2026