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Launch Tech Co (HKSE:02488) Marketable Securities : HK$10 Mil (As of Dec. 2024)


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What is Launch Tech Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Launch Tech Co's Marketable Securities for the quarter that ended in Dec. 2024 was HK$10 Mil.

Launch Tech Co's annual Marketable Securities declined from Dec. 2022 (HK$23 Mil) to Dec. 2023 (HK$7 Mil) but then increased from Dec. 2023 (HK$7 Mil) to Dec. 2024 (HK$10 Mil).


Launch Tech Co Marketable Securities Historical Data

The historical data trend for Launch Tech Co's Marketable Securities 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.

* Premium members only.

Launch Tech Co Marketable Securities Chart

Launch Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 23.48 6.62 10.28

Launch Tech Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Marketable Securities 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 23.48 24.09 6.62 28.04 10.28

Launch Tech Co Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Launch Tech Co  (HKSE:02488) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Launch Tech Co Marketable Securities Related Terms

Thank you for viewing the detailed overview of Launch Tech Co's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Launch Tech Co Business Description

Traded in Other Exchanges
Address
Launch Industrial Park, North of Wuhe Road, 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 operates its business through three reportable segments. The Automotive Diagnosis segment generates the majority of the earnings for the company. It is involved in the 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.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Cao Guanye 2101 Beneficial owner

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