LAUNXP Biomedical Co., Ltd

LAUNXP Biomedical Co., Ltdverified

6876.TWO

Price:

$23.35

Market Cap:

$1.12B

LAUNXP Biomedical Co. Ltd. is engaged in the development of medicines for tumor therapies. It also offers anti-cancer and antiproliferative drugs including virus-like nanoparticles and nanoparticles. The company was founded on September 24, 2015 and is headquartered in Taichung, Taiwan.

Industry

Biotechnology

IPO Date

2024-01-18

Stock Exchange

TWO

Ticker

6876.TWO

The Current Ratio as of December 2025 (TTM) for LAUNXP Biomedical Co., Ltd (6876.TWO) is 7.53

According to LAUNXP Biomedical Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 7.53. This represents a change of -27.32% compared to the average of 10.36 of the last 4 quarters.

LAUNXP Biomedical Co., Ltd (6876.TWO) Historical Current Ratio (quarterly & annually)

How has 6876.TWO Current Ratio performed in the past?

The mean historical Current Ratio of LAUNXP Biomedical Co., Ltd over the last ten years is 7.70. The current 7.53 Current Ratio has changed 9.68% with respect to the historical average. Over the past ten years (40 quarters), 6876.TWO's Current Ratio was at its highest in in the June 2022 quarter at 19.44. The Current Ratio was at its lowest in in the December 2022 quarter at 3.20.

Quarterly (TTM)
Annual

Average

7.70

Median

7.53

Minimum

3.20

Maximum

12.42

LAUNXP Biomedical Co., Ltd (6876.TWO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of LAUNXP Biomedical Co., Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 169.86%

Maximum Annual Current Ratio = 12.42

Minimum Annual Increase = -74.25%

Minimum Annual Current Ratio = 3.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.53-12.76%
20238.63169.86%
20223.20-74.25%
202112.4285.32%

LAUNXP Biomedical Co., Ltd (6876.TWO) Average Current Ratio

How has 6876.TWO Current Ratio performed in the past?

The current Current Ratio of LAUNXP Biomedical Co., Ltd (6876.TWO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.45

5-year avg

7.70

10-year avg

7.70

LAUNXP Biomedical Co., Ltd (6876.TWO) Current Ratio vs. Peers

How is 6876.TWO’s Current Ratio compared to its peers?

LAUNXP Biomedical Co., Ltd’s Current Ratio is less than LabTurbo Biotech Corporation (14.89), less than Bio Preventive Medicine Corp. (19.06), greater than Lukas Biomedical Inc. (1.21), greater than MegaPro Biomedical Co., Ltd (4.34), less than Andros Pharmaceuticals Co.,Ltd (13.81), greater than Level Biotechnology Inc. (1.93), greater than TCI GENE Inc. (5.74), less than NatureWise Biotech & Medicals Corporation (11.89), less than SynCore Biotechnology Co.,Ltd (11.18), less than Eusol Biotech Co.,Ltd. (43.56),

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