Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Launch Tech Co., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- High Debt Company with a Debt to Equity ratio (avg) at times
2
With ROE of 8.99%, it has a Very Expensive valuation with a 1.34 Price to Book Value
- Over the past year, while the stock has generated a return of 29.13%, its profits have risen by 72.2%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Launch Tech Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Launch Tech Co., Ltd.
27.98%
3.03
56.33%
Hang Seng Hong Kong
27.36%
1.03
25.88%
Quality key factors
Factor
Value
Sales Growth (5y)
18.47%
EBIT Growth (5y)
41.51%
EBIT to Interest (avg)
2.97
Debt to EBITDA (avg)
6.24
Net Debt to Equity (avg)
-0.24
Sales to Capital Employed (avg)
0.50
Tax Ratio
10.00%
Dividend Payout Ratio
79.74%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.75%
ROE (avg)
9.96%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
1.34
EV to EBIT
13.05
EV to EBITDA
13.05
EV to Capital Employed
1.43
EV to Sales
2.01
PEG Ratio
NA
Dividend Yield
0.48%
ROCE (Latest)
10.97%
ROE (Latest)
8.99%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at HKD 789.36 MM
PRE-TAX PROFIT(Q)
Highest at HKD 213.85 MM
NET PROFIT(Q)
Highest at HKD 209.18 MM
RAW MATERIAL COST(Y)
Fallen by -25.15% (YoY
EPS(Q)
Highest at HKD 0.5
-2What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 3.26%
Here's what is working for Launch Tech Co., Ltd.
Pre-Tax Profit
Highest at HKD 213.85 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (HKD MM)
Net Profit
Highest at HKD 209.18 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Net Profit trend is very positive
Net Profit (HKD MM)
Operating Cash Flow
Highest at HKD 789.36 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (HKD MM)
EPS
Highest at HKD 0.5
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (HKD)
Raw Material Cost
Fallen by -25.15% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Launch Tech Co., Ltd.
Inventory Turnover Ratio
Lowest at 3.26%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






