Launch Tech Company Limited (HKG:2488)
Hong Kong · Delayed Price · Currency is HKD 7.04
+0.06 (0.86%)
Aug 24, 2026, 4:08 PM HKT
Launch Tech Company Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 593.48 | 544.09 | 547.77 | 619.53 | 525.48 | 415.35 |
Short-Term Investments | - | - | - | - | 21 | - |
Trading Asset Securities | 40.2 | 36.05 | 9.62 | 6.05 | 0.02 | 0.04 |
Cash & Short-Term Investments | 633.68 | 580.14 | 557.39 | 625.58 | 546.51 | 415.39 |
Cash Growth | 13.34% | 4.08% | -10.90% | 14.47% | 31.57% | 4.65% |
Accounts Receivable | 419.57 | 354.94 | 330.94 | 267.28 | 198.65 | 211.8 |
Other Receivables | 25.7 | 13.71 | 18.61 | 46.97 | 319.53 | 24.01 |
Receivables | 445.27 | 368.65 | 349.55 | 314.25 | 518.18 | 235.81 |
Inventory | 378.54 | 267.33 | 212.77 | 207.18 | 243.37 | 212.76 |
Other Current Assets | 231.87 | 96.05 | 107.19 | 58.56 | 63.84 | 77.25 |
Total Current Assets | 1,689 | 1,312 | 1,227 | 1,206 | 1,372 | 941.22 |
Property, Plant & Equipment | 122.61 | 268.25 | 172.76 | 431.83 | 387.37 | 419.55 |
Long-Term Investments | 61.46 | 60.28 | 55.67 | 20.59 | 10.06 | 8.71 |
Goodwill | 107.81 | 107.81 | 104.55 | 88.19 | 66.83 | 1.14 |
Other Intangible Assets | 82.02 | 87.62 | 96.33 | 56.1 | 73.37 | 100.65 |
Long-Term Deferred Tax Assets | 3.02 | 3.1 | 2.98 | 0.16 | 0.01 | 4.34 |
Long-Term Deferred Charges | 1.81 | 1.9 | 0.5 | 0.5 | 0.5 | - |
Other Long-Term Assets | 460.44 | 323.05 | 336.99 | 52.27 | 76.58 | 79.96 |
Total Assets | 2,529 | 2,164 | 1,997 | 1,855 | 1,987 | 1,556 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 406.83 | 251.58 | 208.95 | 163.9 | 242.97 | 216.99 |
Accrued Expenses | 32.36 | 80.97 | 63.75 | 52.83 | 35.73 | 28.2 |
Short-Term Debt | 192.35 | 76.64 | 79.92 | 177.99 | 237.39 | 395.57 |
Current Portion of Long-Term Debt | 11.51 | 3.94 | 3.94 | 19.26 | 19.62 | - |
Current Portion of Leases | - | 8.71 | 4.74 | 7.24 | 4.89 | 3.12 |
Current Income Taxes Payable | 30.52 | 9.79 | 10.32 | 0.56 | 8.64 | 9.08 |
Current Unearned Revenue | 356.89 | 245.89 | 159.39 | 95.86 | 93.34 | 84.13 |
Other Current Liabilities | 93.19 | 67.74 | 53.99 | 69.7 | 52.43 | 64.35 |
Total Current Liabilities | 1,124 | 745.27 | 585 | 587.35 | 695.01 | 801.43 |
Long-Term Debt | 153.41 | 155.78 | 158.61 | 176.28 | 202.14 | - |
Long-Term Leases | 23.45 | 26.61 | 4.77 | 9.25 | 9.8 | 0.2 |
Long-Term Unearned Revenue | 3.35 | 3.67 | 4.46 | 7.5 | 7.57 | 8.16 |
Long-Term Deferred Tax Liabilities | 0.11 | 0.12 | - | - | 0.14 | 0.22 |
Total Liabilities | 1,304 | 931.44 | 752.84 | 780.38 | 914.66 | 810.02 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 410.16 | 410.16 | 415.79 | 415.79 | 432.22 | 432.22 |
Additional Paid-In Capital | 338.67 | 345.09 | 393.8 | 393.8 | 409.99 | 409.99 |
Retained Earnings | 451.72 | 445.17 | 415.65 | 259.02 | 237.07 | -90.76 |
Comprehensive Income & Other | 17.31 | 21.79 | 12.73 | -1.38 | -7.56 | -6.12 |
Total Common Equity | 1,218 | 1,222 | 1,238 | 1,067 | 1,072 | 745.32 |
Minority Interest | 6.7 | 10.53 | 5.86 | 7.61 | 0.23 | 0.23 |
Shareholders' Equity | 1,225 | 1,233 | 1,244 | 1,075 | 1,072 | 745.55 |
Total Liabilities & Equity | 2,529 | 2,164 | 1,997 | 1,855 | 1,987 | 1,556 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 380.72 | 271.68 | 251.98 | 390.02 | 473.85 | 398.89 |
Net Cash (Debt) | 252.96 | 308.46 | 305.41 | 235.56 | 72.66 | 16.5 |
Net Cash Growth | 4.02% | 1.00% | 29.65% | 224.17% | 340.39% | -85.72% |
Net Cash Per Share | 0.62 | 0.75 | 0.73 | 0.55 | 0.17 | 0.04 |
Filing Date Shares Outstanding | 410.16 | 410.16 | 415.79 | 415.79 | 432.22 | 432.22 |
Total Common Shares Outstanding | 410.16 | 410.16 | 415.79 | 415.79 | 432.22 | 432.22 |
Working Capital | 565.72 | 566.9 | 641.9 | 618.22 | 676.89 | 139.79 |
Book Value Per Share | 2.97 | 2.98 | 2.98 | 2.57 | 2.48 | 1.72 |
Tangible Book Value | 1,028 | 1,027 | 1,037 | 922.94 | 931.52 | 643.53 |
Tangible Book Value Per Share | 2.51 | 2.50 | 2.49 | 2.22 | 2.16 | 1.49 |
Buildings | - | 134.09 | 134.09 | 134.09 | 139.33 | 287.44 |
Machinery | - | 131.08 | 129.72 | 125.68 | 122.82 | 137.79 |
Construction In Progress | - | 143.86 | 63.42 | 309.07 | 255.03 | 219.59 |