Launch Tech Co (HKSE:02488) Total Stockholders Equity : HK$1,322 Mil (As of Dec. 2024)

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What is Launch Tech Co Total Stockholders Equity?

Launch Tech Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$1,322 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Launch Tech Co's Book Value per Share for the quarter that ended in Dec. 2024 was HK$3.18. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Launch Tech Co's Debt-to-Equity for the quarter that ended in Dec. 2024 was 0.22.

Launch Tech Co Total Stockholders Equity Historical Data

The historical data trend for Launch Tech Co's Total Stockholders Equity 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 Stockholders Equity Chart

Launch Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Stockholders Equity

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774.56

912.63

1,196.81

1,167.31

1,321.74

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 Stockholders Equity	Get a 7-Day Free Trial															1,196.81	1,245.86	1,167.31	1,206.65	1,321.74

Launch Tech Co (HKSE:02488) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Launch Tech Co's Book Value per Share for the quarter that ended in Dec. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1321.74	-	0)	/	415.788
	=	3.18

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Launch Tech Co's Debt-to-Equity for the quarter that ended in Dec. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(111.236	+	174.438)	/	1321.74
	=	0.22

Launch Tech Co Total Stockholders Equity 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 Stockholders Equity

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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