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Launch Tech Co (HKSE:02488) Dividend Payout Ratio : 0.49 (As of Jun. 2024)


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What is Launch Tech Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Launch Tech Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.49.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Launch Tech Co Ltd is 0.79, which seems too high.

The historical rank and industry rank for Launch Tech Co's Dividend Payout Ratio or its related term are showing as below:

HKSE:02488' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.12   Max: 1.32
Current: 0.79


During the past 13 years, the highest Dividend Payout Ratio of Launch Tech Co was 1.32. The lowest was 0.79. And the median was 1.12.

HKSE:02488's Dividend Payout Ratio is ranked worse than
86.03% of 766 companies
in the Vehicles & Parts industry
Industry Median: 0.32 vs HKSE:02488: 0.79

As of today (2025-03-24), the Dividend Yield % of Launch Tech Co is 3.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Launch Tech Co was 22.85%. The lowest was 2.23%. And the median was 3.14%.

Launch Tech Co's Dividends per Share for the months ended in Jun. 2024 was HK$0.26.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Launch Tech Co was 18.80% per year. The lowest was -13.10% per year. And the median was -2.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Launch Tech Co Dividend Payout Ratio Historical Data

The historical data trend for Launch Tech Co's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Launch Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.92

Launch Tech Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Payout Ratio 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 - - - 1.32 0.49

Competitive Comparison of Launch Tech Co's Dividend Payout Ratio

For the Auto Parts subindustry, Launch Tech Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Launch Tech Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Launch Tech Co's Dividend Payout Ratio falls into.



Launch Tech Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Launch Tech Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.377/ 0.41
=0.92

Launch Tech Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.259/ 0.525
=0.49

* 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 (HKSE:02488) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Launch Tech Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Launch Tech Co's Dividend Payout Ratio 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 Lift segment is engaged in the research and development, production and sales of machinery products in the automotive aftermarket. The Overseas Sales segment develops and maintains European distributors and customers.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Cao Guanye 2101 Beneficial owner

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