Launch Tech Co (HKSE:02488) Total Liabilities : HK$804 Mil (As of Dec. 2024)

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What is Launch Tech Co Total Liabilities?

Launch Tech Co's Total Liabilities for the quarter that ended in Dec. 2024 was HK$804 Mil.

Launch Tech Co's quarterly Total Liabilities declined from Dec. 2023 (HK$853.56 Mil) to Jun. 2024 (HK$848.76 Mil) and declined from Jun. 2024 (HK$848.76 Mil) to Dec. 2024 (HK$803.79 Mil).

Launch Tech Co's annual Total Liabilities declined from Dec. 2022 (HK$1,021.42 Mil) to Dec. 2023 (HK$853.56 Mil) and declined from Dec. 2023 (HK$853.56 Mil) to Dec. 2024 (HK$803.79 Mil).

Launch Tech Co Total Liabilities Historical Data

The historical data trend for Launch Tech Co's Total Liabilities 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.

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Launch Tech Co Total Liabilities Chart

Launch Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

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885.95

991.84

1,021.42

853.56

803.79

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
Total Liabilities	Get a 7-Day Free Trial															1,021.42	829.14	853.56	848.76	803.79

Launch Tech Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Launch Tech Co's Total Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	624.585	+	(174.438	+	4.768
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	804

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	2131.791	-	1327.999
	=	804

Launch Tech Co's Total Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	624.585	+	(174.438	+	4.768
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	804

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	2131.791	-	1327.999
	=	804

Launch Tech Co Total Liabilities Related Terms

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Launch Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Launch Tech Co Ltd (HKSE:02488) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

LAN:Germany

Address

Launch Industrial Park, North of Wuhe Road, Banxuegang, Longgang District, Shenzhen, CHN, 518129

Website

https://www.cnlaunch.com

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

Launch Tech Co Headlines

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