Launch Tech Company Limited (2488.HK) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 2488.HK files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 12.25% | 30.00% | Pass |
| Interest-bearing investments | 22.69% | 30.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.47% | 33.00% | Pass |
| Interest-bearing investments | 26.81% | 33.00% | Pass |
| Non-liquid assets | 57.67% | at least 20.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.47% | 33.33% | Pass |
| Cash + interest-bearing securities | 26.81% | 33.33% | Pass |
| Accounts receivable | 42.33% | 33.33% | Fail |
| Non-permissible income | 0.21% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.47% | 33.33% | Pass |
| Cash + interest-bearing securities | 26.81% | 33.33% | Pass |
| Accounts receivable | 42.33% | 50.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 10.49% | 33.00% | Pass |
| Cash + interest-bearing securities | 19.43% | 33.00% | Pass |
| Accounts receivable | 11.25% | 33.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.02% | 33.00% | Pass |
| Cash + interest-bearing securities | 25.96% | 49.00% | Pass |
| Accounts receivable | 15.03% | 49.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 14.02% | 33.33% | Pass |
| Cash + interest-bearing securities | 25.96% | 33.33% | Pass |
| Accounts receivable | 40.99% | 49.00% | Pass |
| Non-permissible income | 0.21% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 45.40 | NEUTRAL |
| Stochastic %K (14) | 6.67 | BUY |
| CCI (20) | -184.41 | BUY |
| Williams %R (14) | -93.33 | BUY |
| MACD (12,26,9) | -0.03 | SELL |
| ROC (10) | -3.46 | SELL |
| Momentum (10) | -0.24 | SELL |
| EMA (10) | 6.97 | SELL |
| SMA (10) | 7.01 | SELL |
| EMA (20) | 6.96 | SELL |
| SMA (20) | 6.99 | SELL |
| EMA (30) | 6.93 | SELL |
| SMA (30) | 6.91 | SELL |
| EMA (50) | 6.93 | SELL |
| SMA (50) | 6.79 | BUY |
| EMA (100) | 7.10 | SELL |
| SMA (100) | 7.13 | SELL |
| EMA (200) | 7.50 | SELL |
| SMA (200) | 7.39 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Consumer Cyclical · Auto Parts
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, Europe Overseas sales, and U.S. Overseas Sales. The company is involved in the research and development, production, and sale of automotive diagnostic and inspection products; car diagnosis, testing, and sales of maintenance equipment; and software and information technology services. It also engages in sales of computer software and hardware, electronic products and technical information consulting services; research and experimental development; internet and related services; professional technology services; as well as sales and services of auto diagnostic products. The company was founded in 1992 and is headquartered in Shenzhen, China.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-08 · Asset managers net 912361 (-21819)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.