Launch Tech Co (HKSE:02488) Research & Development: HK$232 Mil (TTM As of Dec. 2025)


HKSE:02488 Launch Tech Co Ltd HKSE:02488
72 GF Score
Price HK$6.90
GF Value HK$6.49
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Launch Tech Co Research & Development?

Launch Tech Co HKSE:02488 -0.14% 72 Research & Development is HK$232 Mil as of Dec. 2025. GuruFocus rates HKSE:02488 with a GF Score™ of 72/100 and a GF Value™ of HK$6.49 (Fairly Valued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Launch Tech Co's Research & Development for the six months ended in Dec. 2025 was HK$125 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$232 Mil.

Launch Tech Co  (HKSE:02488) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Launch Tech Co Research & Development Related Terms

Launch Tech Co Research & Development Historical Data

* Premium members only.

The historical data trend for Launch Tech Co's Research & Development 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 Research & Development Chart

Launch Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.08 46.32 188.94 215.12 233.03

Launch Tech Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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 99.14 97.18 118.74 106.69 125.21
HKSE:02488
72GF Score
Launch Tech Co Ltd HKSE:02488
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Launch Tech Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$232 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of HK$232 Mil mean?
Launch Tech Co (HKSE:02488) has a Research & Development of HK$232 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Launch Tech Co and its competitors.
Is Launch Tech Co's Research & Development too high?
Launch Tech Co's current Research & Development is HK$232 Mil. Overall, Launch Tech Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Research & Development compare to ORLY and AZO?
Launch Tech Co's Research & Development of HK$232 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 Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Launch Tech Co and its competitors. Launch Tech Co's current Research & Development is HK$232 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$6.49, compared to a current price of HK$6.90 — trading 6.3% above its estimated fair value. The current Research & Development is HK$232 Mil. Launch Tech Co's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Launch Tech Co (HKSE:02488), the current Research & Development is HK$232 Mil as of Dec. 2025. 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$6.90 is trading 6.3% above its estimated GF Value™ of HK$6.49. GuruFocus considers Launch Tech Co to be Fairly Valued.

Key valuation signals for HKSE:02488:

  • Research & Development: HK$232 Mil
  • GF Value™: HK$6.49 vs. price of HK$6.90 (6.3% above fair value)
  • GF Score™: 72/100 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.
72GF Score

Get the complete analysis for HKSE:02488

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

HK$6.90
Price
HK$6.49
GF Value