Launch Tech Co (HKSE:02488) ROCE %: 22.53% (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
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What is Launch Tech Co ROCE %?

Launch Tech Co HKSE:02488 -0.14% 72 ROCE % is 22.53% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Launch Tech Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 22.53%.

Launch Tech Co  (HKSE:02488) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Launch Tech Co ROCE % Related Terms

Launch Tech Co ROCE % Historical Data

* Premium members only.

The historical data trend for Launch Tech Co's ROCE % 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 ROCE % Chart

Launch Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.59 34.53 14.60 26.75 25.98

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
ROCE % 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 18.31 33.14 25.23 29.03 22.53
HKSE:02488
72GF Score
Launch Tech Co Ltd HKSE:02488
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Launch Tech Co ROCE % Calculation

Launch Tech Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=399.416/( ( (2131.791 - 624.585) + (2390.827 - 823.317) )/ 2 )
=399.416/( (1507.206+1567.51)/ 2 )
=399.416/1537.358
=25.98 %

Launch Tech Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=350.824/( ( (2379.642 - 832.995) + (2390.827 - 823.317) )/ 2 )
=350.824/( ( 1546.647 + 1567.51 )/ 2 )
=350.824/1557.0785
=22.53 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of 22.53% mean?
Launch Tech Co (HKSE:02488) has a ROCE % of 22.53% as of Dec. 2025.
Is Launch Tech Co's ROCE % too high?
Launch Tech Co's current ROCE % is 22.53%. The Vehicles & Parts industry median ROCE % is 7.94. Launch Tech Co's value of 22.53% is 183.8% above this industry median. 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 ROCE % compare to ORLY and AZO?
Launch Tech Co's ROCE % of 22.53% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Launch Tech Co's value of 22.53% is 183.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Launch Tech Co's current ROCE % of 22.53% is 183.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Launch Tech Co's current ROCE % is 22.53%. 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 ROCE % is 22.53% and 183.8% above the Vehicles & Parts industry median of 7.94. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Launch Tech Co (HKSE:02488), the current ROCE % is 22.53% 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:

  • ROCE %: 22.53%
  • GF Value™: HK$6.49 vs. price of HK$6.90 (6.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 183.8% above the Vehicles & Parts median

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

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ROCE % 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