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launch tech company ltd-h (2488) Snapshot

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01/28/15 - $15.88
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launch tech company ltd-h (2488) Details

Launch Tech Company Limited provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China, Europe, the United States, and internationally. The company operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the development, manufacture, and sale of auto diagnosis, auto testing, and auto cleaning equipment and service solutions for workshops. Its product portfolio includes golo, scan tools, lifts, wheel aligners, auto transmission fluid changers, injector cleaners, engine analyzers, and battery system chargers. The company was founded in 1992 and is headquartered in Shenzhen, the People’s Republic of China.

Founded in 1992

launch tech company ltd-h (2488) Top Compensated Officers

Co-Founder, Chief Executive Officer, Complian...
Total Annual Compensation: CNY456.0K
Founder, Chairman and Member of Nomination Co...
Total Annual Compensation: CNY494.1K
Chief Information Officer, Vice President and...
Total Annual Compensation: CNY519.4K
Head of Lifters Product Line
Total Annual Compensation: CNY312.8K
Vice President, Head of Domestic Marketing Ce...
Total Annual Compensation: CNY300.0K
Compensation as of Fiscal Year 2013.

launch tech company ltd-h (2488) Key Developments

Launch Tech Company Ltd., Baidu Online Network Technology (Beijing) Co., Ltd., Ping an Property & Casualty Insurance Company of China Ltd. and Pingan Direct Consulting Co. Jointly Launches New Product Golo (Baidu Map Version)

The board of directors of Launch Tech Company Limited announced that the company has launched golo (Baidu Map version), a new generation vehicle intelligent hardware, on 27 January 2015 jointly with Baidu Online Network Technology (Beijing) Co., Ltd. and Ping An Property & Casualty Insurance Company of China, Ltd. and Pingan Direct Consulting Co. Ltd. The Group launched the golo Owners Box in the early 2014 to meet the needs of auto-owners. To further satisfy the requirement of auto-owners, for the first time, together with Ping An Property & Casualty and Pingan Direct have become the first business partners of the car networking open platform of Baidu Map, where Baidu Map unprecedentedly opens up its positioning services, track services, road condition services and edog services.

Launch Tech Company Ltd. to Report First Half, 2014 Results on Aug 29, 2014

Launch Tech Company Ltd. announced that they will report first half, 2014 results on Aug 29, 2014

Launch Tech Company Ltd., Board Meeting, Aug 29, 2014

Launch Tech Company Ltd., Board Meeting, Aug 29, 2014. Agenda: To consider the interim results announcement for the period ended 30 June 2014; and to consider the declaration of dividends (if any) and any other business.


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Valuation 2488 Industry Range
Price/Earnings 100.0x
Price/Sales 4.4x
Price/Book 5.0x
Price/Cash Flow 334.3x
TEV/Sales 3.2x

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