Launch Tech Co (HKSE:02488) Accounts Payable: HK$471 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02488 Launch Tech Co Ltd HKSE:02488
80 GF Score
Price HK$7.29
GF Value HK$6.63
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Launch Tech Co Accounts Payable?

Launch Tech Co HKSE:02488 -3.32% 80 Accounts Payable is HK$471 Mil as of Jun. 2026. GuruFocus rates HKSE:02488 with a GF Score™ of 80/100 and a GF Value™ of HK$6.63 (Fairly Valued). The stock has 2 warning signs investors should review.

Launch Tech Co's Accounts Payable for the quarter that ended in Jun. 2026 was HK$471 Mil.

Launch Tech Co's quarterly Accounts Payable increased from Jun. 2025 (HK$273 Mil) to Dec. 2025 (HK$278 Mil) and increased from Dec. 2025 (HK$278 Mil) to Jun. 2026 (HK$471 Mil).

Launch Tech Co's annual Accounts Payable increased from Dec. 2023 (HK$179 Mil) to Dec. 2024 (HK$215 Mil) and increased from Dec. 2024 (HK$215 Mil) to Dec. 2025 (HK$278 Mil).

Launch Tech Co Accounts Payable Related Terms

Launch Tech Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Launch Tech Co's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Launch Tech Co Accounts Payable Chart

Launch Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 265.69 193.01 179.27 215.18 277.93

Launch Tech Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 234.71 215.18 273.08 277.93 470.59
HKSE:02488
80GF Score
Launch Tech Co Ltd HKSE:02488
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Launch Tech Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of HK$471 Mil mean?
Launch Tech Co (HKSE:02488) has a Accounts Payable of HK$471 Mil as of Jun. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Launch Tech Co and its competitors.
Is Launch Tech Co's Accounts Payable too high?
Launch Tech Co's current Accounts Payable is HK$471 Mil. Overall, Launch Tech Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Accounts Payable compare to ORLY and AZO?
Launch Tech Co's Accounts Payable of HK$471 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Launch Tech Co and its competitors. Launch Tech Co's current Accounts Payable is HK$471 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Launch Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Launch Tech Co (HKSE:02488) is currently considered Fairly Valued. The stock's GF Value™ is HK$6.63, compared to a current price of HK$7.29 — trading 10% above its estimated fair value. The current Accounts Payable is HK$471 Mil. Launch Tech Co's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Launch Tech Co (HKSE:02488), the current Accounts Payable is HK$471 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Launch Tech Co (HKSE:02488) Overvalued in 2026?

Based on GuruFocus' analysis, Launch Tech Co stock appears to be overvalued. The current stock price of HK$7.29 is trading 10% above its estimated GF Value™ of HK$6.63. GuruFocus considers Launch Tech Co to be Fairly Valued.

Key valuation signals for HKSE:02488:

  • Accounts Payable: HK$471 Mil
  • GF Value™: HK$6.63 vs. price of HK$7.29 (10% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the HKSE:02488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Launch Tech Co Business Description

Other Exchanges LAN:Germany
Address North of Wuhe Road, Launch Industrial Park, Banxuegang, Longgang District, Shenzhen, CHN, 518129
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The Company has three reporting segments: i) Automotive diagnosis segment, ii) Europe Overseas Sales segment, and iii) U.S. overseas sales segment. The automotive diagnosis segment covers research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas. The majority of revenue is derived from the Automotive diagnosis segment.
80GF Score

Get the complete analysis for HKSE:02488

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$7.29
Price
HK$6.63
GF Value