2488.HK
Price:
$8.38
Market Cap:
$3.16B
Launch Tech Company Limited, together with its subsidiaries, provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally. It operates through three segments: Automotive Diagnosis, Lift, and Overseas Sales. The company is involved in the research and development, production, and sale of car diagnosis, testing, and maintenance equipment; development, production, and sale of automotive diagnosis, inspection, repair, and maintenance software; development, production, and sale of auto electronic products; and provision of information network services. It also provides consulting services of electronic products and ...[Read more]
Industry
Auto - Parts
IPO Date
2002-10-07
Stock Exchange
HKSE
Ticker
2488.HK
According to Launch Tech Company Limited’s latest financial reports and current stock price. The company's current Dividend Yield is 9.87%. This represents a change of 9.47% compared to the average of 9.02% of the last 4 quarters.
The mean historical Dividend Yield of Launch Tech Company Limited over the last ten years is 4.62%. The current 9.87% Dividend Yield has changed 113.69% with respect to the historical average. Over the past ten years (40 quarters), 2488.HK's Dividend Yield was at its highest in in the December 2023 quarter at 19.55%. The Dividend Yield was at its lowest in in the December 2009 quarter at 0%.
Average
4.62%
Median
2.80%
Minimum
0.88%
Maximum
20.25%
Discovering the peaks and valleys of Launch Tech Company Limited Dividend Yield, 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 = 786.45%
Maximum Annual Dividend Yield = 20.25%
Minimum Annual Increase = -71.84%
Minimum Annual Dividend Yield = 0.88%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 5.70% | -71.84% |
| 2023 | 20.25% | 786.45% |
| 2022 | 2.28% | 91.75% |
| 2021 | 1.19% | -15.52% |
| 2020 | 1.41% | -67.44% |
| 2019 | 4.33% | -21.83% |
| 2018 | 5.54% | 66.84% |
| 2017 | 3.32% | 278.97% |
| 2016 | 0.88% | -32.53% |
| 2015 | 1.30% | -29.13% |
The current Dividend Yield of Launch Tech Company Limited (2488.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.41%
5-year avg
6.17%
10-year avg
4.62%
Launch Tech Company Limited’s Dividend Yield is less than Xin Point Holdings Limited (12.89%), less than Xingda International Holdings Limited (11.54%), less than Prinx Chengshan Holdings Limited (8.44%), less than Best Pacific International Holdings Limited (8.80%), less than China Lilang Limited (8.16%), less than Deewin Tianxia Co., Ltd (0.41%), less than Tan Chong International Limited (3.95%), less than Café de Coral Holdings Limited (7.10%), less than Wing On Company International Limited (7.27%), less than Intron Technology Holdings Limited (3.17%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 12.89% | $3.89B | |
| 11.54% | $2.49B | |
| 8.44% | $4.92B | |
| 8.80% | $3.36B | |
| 8.16% | $4.11B | |
| 0.41% | $5.10B | |
| 3.95% | $3.83B | |
| 7.10% | $3.23B | |
| 7.27% | $3.81B | |
| 3.17% | $2.16B |
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