HK Stock MarketDetailed Quotes

LAUNCH TECH (02488)

Watchlist
  • 8.450
  • +0.010+0.12%
Not Open May 21 16:07 CST
3.47BMarket Cap9.10P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

LAUNCH TECH (02488) Balance Sheet

All
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q6)Jun 30, 2025
(FY)Dec 31, 2024
(Q6)Jun 30, 2024
(FY)Dec 31, 2023
(Q6)Jun 30, 2023
(FY)Dec 31, 2022
(Q6)Jun 30, 2022
(FY)Dec 31, 2021
(Q6)Jun 30, 2021
Assets
Current assets
Inventory
25.64%267.33M
25.80%313.53M
2.70%212.77M
5.45%249.23M
-14.87%207.18M
-5.49%236.35M
14.39%243.37M
19.86%250.09M
33.49%212.76M
18.45%208.64M
Accounts receivable
9.29%335.97M
52.71%336.79M
34.87%307.42M
7.79%220.54M
30.59%227.94M
6.28%204.6M
1.17%174.54M
49.61%192.51M
37.21%172.52M
-32.04%128.67M
Notes receivable
6.08%14.73M
-28.73%21.79M
-56.38%13.88M
-18.34%30.57M
55.42%31.83M
53.51%37.43M
-26.25%20.48M
-19.42%24.39M
-38.40%27.76M
--30.26M
Advance deposits and other receivables
-21.22%58.7M
-40.33%62.59M
143.37%74.51M
182.86%104.89M
-20.15%30.62M
-19.50%37.08M
-32.70%38.34M
-13.23%46.06M
42.17%56.97M
-23.58%53.09M
Cash and equivalents
-0.67%544.09M
5.29%550.48M
-11.58%547.77M
-15.20%522.8M
17.90%619.53M
44.63%616.54M
26.52%525.48M
24.36%426.29M
4.64%415.35M
-7.91%342.79M
Financial assets at fair value-current assets
274.63%36.05M
-66.87%8.63M
59.00%9.62M
18.26%26.04M
25,572.25%6.05M
456.95%22.02M
-37.64%23.58K
--3.95M
--37.81K
----
Other current assets
14.30%37.35M
31.94%39.12M
16.93%32.68M
30.38%29.65M
-39.89%27.95M
6.09%22.74M
129.29%46.5M
-20.27%21.44M
8.01%20.28M
83.26%26.89M
Total current assets
6.95%1.31B
11.58%1.38B
1.77%1.23B
-2.28%1.24B
-12.12%1.21B
18.54%1.27B
45.76%1.37B
20.88%1.07B
13.08%941.22M
-0.51%885.16M
Non-current assets
Fixed assets
-9.49%90.71M
-7.05%96.7M
-6.13%100.23M
-8.12%104.03M
-9.56%106.77M
-39.86%113.23M
-40.03%118.06M
-7.26%188.26M
-7.54%196.88M
-9.94%202.99M
Investment property
-3.64%322.63M
605.03%326.74M
585.66%334.81M
-9.69%46.34M
-9.24%48.83M
-8.84%51.32M
-8.46%53.8M
-8.12%56.29M
-7.80%58.78M
-7.51%61.27M
Construction in progress
126.83%143.86M
-72.17%91.63M
-79.48%63.42M
11.47%329.26M
21.19%309.07M
15.42%295.39M
16.14%255.03M
21.66%255.93M
15.21%219.59M
35.67%210.36M
long-term investment
----
----
----
----
----
23.88%5.05M
-1.72%4.57M
96.05%4.07M
113.44%4.65M
--2.08M
Intangible assets
-9.03%87.62M
95.91%92.49M
71.69%96.33M
-26.79%47.21M
-23.53%56.1M
-29.21%64.49M
-27.11%73.37M
-19.81%91.09M
19.51%100.65M
-14.30%113.6M
Goodwill
3.12%107.81M
-4.63%104.37M
18.56%104.55M
71.97%109.43M
31.95%88.19M
5,486.65%63.63M
5,765.64%66.83M
0.00%1.14M
0.00%1.14M
0.00%1.14M
Deferred tax assets
3.87%3.1M
1,466.05%2.54M
1,790.16%2.98M
1,372.73%162K
2,167.61%157.66K
-99.75%11K
-99.84%6.95K
-15.54%4.34M
-15.55%4.34M
-14.36%5.14M
Other illiquid assets
-80.36%426.78K
-71.73%227K
-36.90%2.17M
361.49%803K
-84.88%3.44M
-99.18%174K
7.53%22.77M
377.09%21.18M
4,404.58%21.18M
-76.64%4.44M
Special items of non-current assets
278.37%1.9M
-4.68%489K
0.21%502.05K
-7.90%513K
0.61%500.99K
--557K
--497.96K
----
----
----
Adjustment items of non-current assets
----
----
----
----
----
----
---0.03
----
----
----
Total non-current assets
10.68%852.01M
17.79%794.16M
18.49%769.78M
7.20%674.23M
5.68%649.65M
-0.46%628.95M
0.06%614.71M
3.35%631.88M
8.03%614.35M
-1.56%611.42M
Total assets
8.39%2.16B
13.77%2.18B
7.62%2B
0.86%1.91B
-6.61%1.86B
11.48%1.9B
27.71%1.99B
13.72%1.7B
11.03%1.56B
-0.94%1.5B
Liabilities
Current liabilities
Accounts payable
24.83%251.58M
18.62%249.83M
22.96%201.54M
12.20%210.61M
-5.17%163.9M
1.33%187.71M
-20.34%172.84M
23.79%185.25M
60.62%216.99M
19.26%149.65M
Notes payable
----
----
--7.41M
--7.41M
----
----
--70.13M
-98.61%1.12M
----
-41.25%80M
Tax payable
32.73%27.45M
52.54%25.72M
150.62%20.68M
12.70%16.86M
-56.24%8.25M
-20.75%14.96M
19.44%18.86M
126.43%18.88M
269.67%15.79M
36.10%8.34M
Dividend payable
----
-99.81%68K
----
--36.16M
----
----
----
----
----
----
Other payables and accrued expenses
39.48%45.47M
24.60%35.95M
0.11%32.6M
-21.28%28.85M
50.99%32.57M
109.46%36.65M
-22.24%21.57M
-73.49%17.5M
66.55%27.74M
116.92%66M
Short-term borrowing
-4.10%76.64M
-26.01%132.93M
-55.10%79.92M
30.40%179.66M
-25.02%177.99M
-2.91%137.78M
-39.99%237.39M
-46.95%141.9M
43.41%395.57M
-35.77%267.49M
Other current liabilities
-12.85%17.41M
11.25%28.15M
-44.30%19.98M
-34.41%25.3M
20.91%35.87M
-1.64%38.57M
-17.26%29.67M
-16.24%39.21M
-33.08%35.85M
815.63%46.82M
Special items of current liabilities
79.22%15.55M
-94.08%10.18M
-67.25%8.68M
563.55%171.97M
8.11%26.5M
730.94%25.92M
686.05%24.51M
7.29%3.12M
7.29%3.12M
3.75%2.91M
Total current liabilities
27.40%745.27M
-1.70%762.08M
-0.40%585M
40.33%775.24M
-15.49%587.35M
10.12%552.42M
-13.28%695.01M
-35.99%501.66M
9.29%801.43M
5.29%783.7M
Net current assets
-11.68%566.9M
33.75%620.81M
3.83%641.9M
-35.17%464.16M
-8.67%618.22M
25.97%715.94M
384.24%676.89M
460.14%568.34M
41.18%139.79M
-30.20%101.46M
Total assets less current liabilities
0.51%1.42B
24.30%1.41B
11.34%1.41B
-15.35%1.14B
-1.84%1.27B
12.05%1.34B
71.27%1.29B
68.36%1.2B
12.95%754.14M
-6.99%712.88M
Non-current liabilities
Long-term bank loan
-1.79%155.78M
--156.51M
-10.02%158.61M
----
-12.79%176.28M
-54.06%185.67M
--202.14M
--404.19M
----
----
Financial lease liabilities-non-current liabilities
457.71%26.61M
153.77%16.3M
-48.42%4.77M
-44.44%6.42M
-5.64%9.25M
5,681.50%11.56M
4,809.48%9.8M
-92.32%200K
-92.33%199.69K
-50.66%2.61M
Deferred tax liability
--115.1K
----
----
----
----
-38.39%138K
-38.37%137.89K
19.15%224K
19.00%223.73K
-36.27%188K
Deferred income-non-current liabilities
-17.84%3.67M
-40.52%4.01M
-40.49%4.46M
-18.28%6.75M
-0.89%7.5M
16.03%8.26M
-7.29%7.57M
-32.73%7.12M
-27.54%8.16M
-25.86%10.58M
Total non-current liabilities
10.92%186.17M
1,242.46%176.83M
-13.05%167.85M
-93.59%13.17M
-12.12%193.03M
-50.06%205.62M
2,457.59%219.65M
2,979.01%411.73M
-38.92%8.59M
-32.61%13.37M
Total liabilities
23.72%931.44M
19.09%938.91M
-3.53%752.84M
4.01%788.41M
-14.68%780.38M
-17.01%758.05M
12.92%914.66M
14.59%913.38M
8.38%810.02M
4.30%797.07M
Total assets less total liabilities
-0.89%1.23B
10.04%1.24B
15.72%1.24B
-1.23%1.13B
0.27%1.07B
44.49%1.14B
43.78%1.07B
12.72%788.49M
14.06%745.55M
-6.31%699.51M
Total equity and non-current liabilities
0.51%1.42B
24.30%1.41B
11.34%1.41B
-15.35%1.14B
-1.84%1.27B
12.05%1.34B
71.27%1.29B
68.36%1.2B
12.95%754.14M
-6.99%712.88M
Equity
Share capital
-1.35%410.16M
-0.17%415.09M
0.00%415.79M
-3.80%415.79M
-3.80%415.79M
0.00%432.22M
0.00%432.22M
0.00%432.22M
0.00%432.22M
0.00%432.22M
Capital reserve
-12.37%345.09M
-1.31%388.64M
0.00%393.8M
-4.34%393.8M
-4.34%393.8M
0.00%411.68M
0.00%411.68M
0.18%411.68M
0.18%411.68M
0.23%410.94M
Undistributed profit
-1.16%309.11M
34.10%320.7M
67.65%312.75M
-8.35%239.16M
-4.77%186.55M
388.01%260.93M
248.63%195.89M
48.88%-90.6M
41.21%-131.8M
-36.46%-177.21M
Shareholders' equity adjustment project
----
--2K
----
----
----
----
----
----
----
----
Shareholders' Equity
-1.27%1.22B
9.82%1.23B
16.00%1.24B
-1.60%1.12B
-0.42%1.07B
44.50%1.14B
43.79%1.07B
12.69%788.27M
14.07%745.32M
-6.31%699.51M
Non-controlling interest
79.60%10.53M
65.26%7.22M
-22.97%5.86M
1,806.99%4.37M
3,224.74%7.61M
2.23%229K
0.00%228.92K
--224K
0.00%228.92K
----
Total equity
-0.89%1.23B
10.04%1.24B
15.72%1.24B
-1.23%1.13B
0.27%1.07B
44.49%1.14B
43.78%1.07B
12.72%788.49M
14.06%745.55M
-6.31%699.51M
Total equity and total liabilities
8.39%2.16B
13.77%2.18B
7.62%2B
0.86%1.91B
-6.61%1.86B
11.48%1.9B
27.71%1.99B
13.72%1.7B
11.03%1.56B
-0.94%1.5B
Currency Unit
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
Accounting Standards
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
Audit Opinions
Unqualified Opinion
--
Unqualified Opinion
--
Unqualified Opinion
--
Unqualified Opinion
--
Unqualified Opinion
--
Auditor
Dahua Certified Public Accountants
--
Dahua Certified Public Accountants
--
Dahua Certified Public Accountants
--
Dahua Certified Public Accountants
--
Dahua Certified Public Accountants
--
(FY)Dec 31, 2025(Q6)Jun 30, 2025(FY)Dec 31, 2024(Q6)Jun 30, 2024(FY)Dec 31, 2023(Q6)Jun 30, 2023(FY)Dec 31, 2022(Q6)Jun 30, 2022(FY)Dec 31, 2021(Q6)Jun 30, 2021
Assets
Current assets
Inventory 25.64%267.33M25.80%313.53M2.70%212.77M5.45%249.23M-14.87%207.18M-5.49%236.35M14.39%243.37M19.86%250.09M33.49%212.76M18.45%208.64M
Accounts receivable 9.29%335.97M52.71%336.79M34.87%307.42M7.79%220.54M30.59%227.94M6.28%204.6M1.17%174.54M49.61%192.51M37.21%172.52M-32.04%128.67M
Notes receivable 6.08%14.73M-28.73%21.79M-56.38%13.88M-18.34%30.57M55.42%31.83M53.51%37.43M-26.25%20.48M-19.42%24.39M-38.40%27.76M--30.26M
Advance deposits and other receivables -21.22%58.7M-40.33%62.59M143.37%74.51M182.86%104.89M-20.15%30.62M-19.50%37.08M-32.70%38.34M-13.23%46.06M42.17%56.97M-23.58%53.09M
Cash and equivalents -0.67%544.09M5.29%550.48M-11.58%547.77M-15.20%522.8M17.90%619.53M44.63%616.54M26.52%525.48M24.36%426.29M4.64%415.35M-7.91%342.79M
Financial assets at fair value-current assets 274.63%36.05M-66.87%8.63M59.00%9.62M18.26%26.04M25,572.25%6.05M456.95%22.02M-37.64%23.58K--3.95M--37.81K----
Other current assets 14.30%37.35M31.94%39.12M16.93%32.68M30.38%29.65M-39.89%27.95M6.09%22.74M129.29%46.5M-20.27%21.44M8.01%20.28M83.26%26.89M
Total current assets 6.95%1.31B11.58%1.38B1.77%1.23B-2.28%1.24B-12.12%1.21B18.54%1.27B45.76%1.37B20.88%1.07B13.08%941.22M-0.51%885.16M
Non-current assets
Fixed assets -9.49%90.71M-7.05%96.7M-6.13%100.23M-8.12%104.03M-9.56%106.77M-39.86%113.23M-40.03%118.06M-7.26%188.26M-7.54%196.88M-9.94%202.99M
Investment property -3.64%322.63M605.03%326.74M585.66%334.81M-9.69%46.34M-9.24%48.83M-8.84%51.32M-8.46%53.8M-8.12%56.29M-7.80%58.78M-7.51%61.27M
Construction in progress 126.83%143.86M-72.17%91.63M-79.48%63.42M11.47%329.26M21.19%309.07M15.42%295.39M16.14%255.03M21.66%255.93M15.21%219.59M35.67%210.36M
long-term investment --------------------23.88%5.05M-1.72%4.57M96.05%4.07M113.44%4.65M--2.08M
Intangible assets -9.03%87.62M95.91%92.49M71.69%96.33M-26.79%47.21M-23.53%56.1M-29.21%64.49M-27.11%73.37M-19.81%91.09M19.51%100.65M-14.30%113.6M
Goodwill 3.12%107.81M-4.63%104.37M18.56%104.55M71.97%109.43M31.95%88.19M5,486.65%63.63M5,765.64%66.83M0.00%1.14M0.00%1.14M0.00%1.14M
Deferred tax assets 3.87%3.1M1,466.05%2.54M1,790.16%2.98M1,372.73%162K2,167.61%157.66K-99.75%11K-99.84%6.95K-15.54%4.34M-15.55%4.34M-14.36%5.14M
Other illiquid assets -80.36%426.78K-71.73%227K-36.90%2.17M361.49%803K-84.88%3.44M-99.18%174K7.53%22.77M377.09%21.18M4,404.58%21.18M-76.64%4.44M
Special items of non-current assets 278.37%1.9M-4.68%489K0.21%502.05K-7.90%513K0.61%500.99K--557K--497.96K------------
Adjustment items of non-current assets ---------------------------0.03------------
Total non-current assets 10.68%852.01M17.79%794.16M18.49%769.78M7.20%674.23M5.68%649.65M-0.46%628.95M0.06%614.71M3.35%631.88M8.03%614.35M-1.56%611.42M
Total assets 8.39%2.16B13.77%2.18B7.62%2B0.86%1.91B-6.61%1.86B11.48%1.9B27.71%1.99B13.72%1.7B11.03%1.56B-0.94%1.5B
Liabilities
Current liabilities
Accounts payable 24.83%251.58M18.62%249.83M22.96%201.54M12.20%210.61M-5.17%163.9M1.33%187.71M-20.34%172.84M23.79%185.25M60.62%216.99M19.26%149.65M
Notes payable ----------7.41M--7.41M----------70.13M-98.61%1.12M-----41.25%80M
Tax payable 32.73%27.45M52.54%25.72M150.62%20.68M12.70%16.86M-56.24%8.25M-20.75%14.96M19.44%18.86M126.43%18.88M269.67%15.79M36.10%8.34M
Dividend payable -----99.81%68K------36.16M------------------------
Other payables and accrued expenses 39.48%45.47M24.60%35.95M0.11%32.6M-21.28%28.85M50.99%32.57M109.46%36.65M-22.24%21.57M-73.49%17.5M66.55%27.74M116.92%66M
Short-term borrowing -4.10%76.64M-26.01%132.93M-55.10%79.92M30.40%179.66M-25.02%177.99M-2.91%137.78M-39.99%237.39M-46.95%141.9M43.41%395.57M-35.77%267.49M
Other current liabilities -12.85%17.41M11.25%28.15M-44.30%19.98M-34.41%25.3M20.91%35.87M-1.64%38.57M-17.26%29.67M-16.24%39.21M-33.08%35.85M815.63%46.82M
Special items of current liabilities 79.22%15.55M-94.08%10.18M-67.25%8.68M563.55%171.97M8.11%26.5M730.94%25.92M686.05%24.51M7.29%3.12M7.29%3.12M3.75%2.91M
Total current liabilities 27.40%745.27M-1.70%762.08M-0.40%585M40.33%775.24M-15.49%587.35M10.12%552.42M-13.28%695.01M-35.99%501.66M9.29%801.43M5.29%783.7M
Net current assets -11.68%566.9M33.75%620.81M3.83%641.9M-35.17%464.16M-8.67%618.22M25.97%715.94M384.24%676.89M460.14%568.34M41.18%139.79M-30.20%101.46M
Total assets less current liabilities 0.51%1.42B24.30%1.41B11.34%1.41B-15.35%1.14B-1.84%1.27B12.05%1.34B71.27%1.29B68.36%1.2B12.95%754.14M-6.99%712.88M
Non-current liabilities
Long-term bank loan -1.79%155.78M--156.51M-10.02%158.61M-----12.79%176.28M-54.06%185.67M--202.14M--404.19M--------
Financial lease liabilities-non-current liabilities 457.71%26.61M153.77%16.3M-48.42%4.77M-44.44%6.42M-5.64%9.25M5,681.50%11.56M4,809.48%9.8M-92.32%200K-92.33%199.69K-50.66%2.61M
Deferred tax liability --115.1K-----------------38.39%138K-38.37%137.89K19.15%224K19.00%223.73K-36.27%188K
Deferred income-non-current liabilities -17.84%3.67M-40.52%4.01M-40.49%4.46M-18.28%6.75M-0.89%7.5M16.03%8.26M-7.29%7.57M-32.73%7.12M-27.54%8.16M-25.86%10.58M
Total non-current liabilities 10.92%186.17M1,242.46%176.83M-13.05%167.85M-93.59%13.17M-12.12%193.03M-50.06%205.62M2,457.59%219.65M2,979.01%411.73M-38.92%8.59M-32.61%13.37M
Total liabilities 23.72%931.44M19.09%938.91M-3.53%752.84M4.01%788.41M-14.68%780.38M-17.01%758.05M12.92%914.66M14.59%913.38M8.38%810.02M4.30%797.07M
Total assets less total liabilities -0.89%1.23B10.04%1.24B15.72%1.24B-1.23%1.13B0.27%1.07B44.49%1.14B43.78%1.07B12.72%788.49M14.06%745.55M-6.31%699.51M
Total equity and non-current liabilities 0.51%1.42B24.30%1.41B11.34%1.41B-15.35%1.14B-1.84%1.27B12.05%1.34B71.27%1.29B68.36%1.2B12.95%754.14M-6.99%712.88M
Equity
Share capital -1.35%410.16M-0.17%415.09M0.00%415.79M-3.80%415.79M-3.80%415.79M0.00%432.22M0.00%432.22M0.00%432.22M0.00%432.22M0.00%432.22M
Capital reserve -12.37%345.09M-1.31%388.64M0.00%393.8M-4.34%393.8M-4.34%393.8M0.00%411.68M0.00%411.68M0.18%411.68M0.18%411.68M0.23%410.94M
Undistributed profit -1.16%309.11M34.10%320.7M67.65%312.75M-8.35%239.16M-4.77%186.55M388.01%260.93M248.63%195.89M48.88%-90.6M41.21%-131.8M-36.46%-177.21M
Shareholders' equity adjustment project ------2K--------------------------------
Shareholders' Equity -1.27%1.22B9.82%1.23B16.00%1.24B-1.60%1.12B-0.42%1.07B44.50%1.14B43.79%1.07B12.69%788.27M14.07%745.32M-6.31%699.51M
Non-controlling interest 79.60%10.53M65.26%7.22M-22.97%5.86M1,806.99%4.37M3,224.74%7.61M2.23%229K0.00%228.92K--224K0.00%228.92K----
Total equity -0.89%1.23B10.04%1.24B15.72%1.24B-1.23%1.13B0.27%1.07B44.49%1.14B43.78%1.07B12.72%788.49M14.06%745.55M-6.31%699.51M
Total equity and total liabilities 8.39%2.16B13.77%2.18B7.62%2B0.86%1.91B-6.61%1.86B11.48%1.9B27.71%1.99B13.72%1.7B11.03%1.56B-0.94%1.5B
Currency Unit CNYCNYCNYCNYCNYCNYCNYCNYCNYCNY
Accounting Standards CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)
Audit Opinions Unqualified Opinion--Unqualified Opinion--Unqualified Opinion--Unqualified Opinion--Unqualified Opinion--
Auditor Dahua Certified Public Accountants--Dahua Certified Public Accountants--Dahua Certified Public Accountants--Dahua Certified Public Accountants--Dahua Certified Public Accountants--

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

Market Insights
Petroleum
No. Symbol 20D % Chg
Sample Name
Sample Code
 +2.72%
Sample Name
Sample Code
 +1.56%
Sample Name
Sample Code
 -1.33%
4
KUNLUN ENERGY
00135
-4.16%
5
CHINA OILFIELD
02883
-4.39%
View More
No. Symbol 20D % Chg
Sample Name
Sample Code
 +35.71%
Sample Name
Sample Code
 +28.08%
Sample Name
Sample Code
 +19.06%
4
Business-intelligence Of Oriental Nations Corporation
300166
+14.23%
5
MeiG Smart Technology
002881
+14.20%
View More
China and the US begin implementing the Kuala Lumpur economic and trade consultation consensus.
China and the United States have successively adjusted multiple tariff and non-tariff measures, beginning to implement the consensus outcome Show More
[Opportunity Express] The US-China rivalry escalates! The rare earth industry becomes a "game-changer." How should investors respond?
"Leaving the Group - Raising Taxes - Tweeting: The 'Money Making Strategy' of the Most Wild Gemini in Contemporary Times"

- No more -