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Launch Tech Co Stock

Launch Tech Co ROE 2024

Launch Tech Co ROE

0.12

Ticker

2488.HK

ISIN

CNE1000000V6

WKN

A0M4VZ

In 2024, Launch Tech Co's return on equity (ROE) was 0.12, a 0% increase from the 0 ROE in the previous year.

Launch Tech Co Aktienanalyse

What does Launch Tech Co do?

Launch Tech Co Ltd is a Chinese company that was founded in 1992 and is headquartered in Shenzhen. The company quickly gained prominence in the automotive industry and is now one of the largest providers of diagnostic and repair equipment for vehicles worldwide. The company's business model is to provide a wide range of high-quality and reliable diagnostic and repair equipment to workshops and auto mechanics. They offer various products such as electronic diagnostic devices, suspension test equipment, brake testers, and cooling system testers. Launch Tech Co Ltd is known for its innovative products and constant improvement of existing ones. They strive to meet the needs of their customers by developing user-friendly products that offer excellent value for money. Their products are tailored to the needs of workshops and mechanics who require reliable and accurate diagnosis and repair of vehicles. In addition to developing diagnostic and repair equipment, the company also offers training and further education programs to help customers get the most out of their products. Due to the high quality of their products and their good reputation, Launch Tech Co Ltd operates internationally and is appreciated by customers worldwide. Their products are available in more than 150 countries. Overall, Launch Tech Co Ltd is a significant company in the field of automotive diagnostic and repair equipment, occupying a leading role in the industry thanks to its innovative products and excellent customer service. Launch Tech Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Launch Tech Co's Return on Equity (ROE)

Launch Tech Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Launch Tech Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Launch Tech Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Launch Tech Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Launch Tech Co stock

What is the ROE (Return on Equity) of Launch Tech Co this year?

The ROE of Launch Tech Co this year is 0.12 undefined.

How has the Return on Equity (ROE) of Launch Tech Co developed compared to the previous year?

The ROE of Launch Tech Co has increased by 0% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Launch Tech Co?

A high ROE indicates that Launch Tech Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Launch Tech Co?

A low ROE can indicate that Launch Tech Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Launch Tech Co affect the company?

A change in ROE (Return on Equity) of Launch Tech Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Launch Tech Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Launch Tech Co?

Some factors that can influence Launch Tech Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Launch Tech Co pay?

Over the past 12 months, Launch Tech Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 2.36 %. For the coming 12 months, Launch Tech Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Launch Tech Co?

The current dividend yield of Launch Tech Co is 2.36 %.

When does Launch Tech Co pay dividends?

Launch Tech Co pays a quarterly dividend. This is distributed in the months of July, September, June, September.

How secure is the dividend of Launch Tech Co?

Launch Tech Co paid dividends every year for the past 0 years.

What is the dividend of Launch Tech Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Launch Tech Co located?

Launch Tech Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Launch Tech Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Launch Tech Co from 9/13/2024 amounting to 0.219 CNY, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Launch Tech Co pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Launch Tech Co in the year 2023?

In the year 2023, Launch Tech Co distributed 0.098 CNY as dividends.

In which currency does Launch Tech Co pay out the dividend?

The dividends of Launch Tech Co are distributed in CNY.

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Andere Kennzahlen von Launch Tech Co

Our stock analysis for Launch Tech Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Launch Tech Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.