CHEC
CHEC
Chenghe Acquisition III Co. Class A Ordinary ShareIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $124.54K ▲ | $49.01K ▲ | 0% | $0 ▲ | $-124.54K ▼ |
| Q1-2025 | $0 | $14.56K | $-14.56K | 0% | $0 | $-14.56K |
What's going well?
The company earned $187,466 in interest income, which more than covered its expenses and led to a small profit. No debt or interest expense is a positive.
What's concerning?
There is still no revenue, and operating expenses have ballooned. The business is not generating sales or gross profit, and results are entirely dependent on outside interest income.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.2M | $127.96M | $6.43M | $121.52M |
What's financially strong about this company?
No debt at all, and shareholders' equity is much higher than what the company owes. There are no risky intangibles or goodwill on the books.
What are the financial risks or weaknesses?
Cash is barely enough to cover short-term bills, and most assets are in a vague 'other non-current' category, which may not be easy to turn into cash quickly. Retained earnings are negative, hinting at past losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $49.01K | $-15.58K | $-98.53M | $99.48M | $927.61K | $-15.58K |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash from investors, giving it a decent cash cushion for now. There is no debt dependency, and no capital spending required this quarter.
What are the cash flow concerns?
The business is not generating cash from its operations and relies entirely on selling new shares to survive. This causes heavy dilution for existing shareholders and is not a sustainable way to fund the company.
About Chenghe Acquisition III Co. Class A Ordinary Share
Chenghe Acquisition III Co. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2024 and is based in Singapore.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $124.54K ▲ | $49.01K ▲ | 0% | $0 ▲ | $-124.54K ▼ |
| Q1-2025 | $0 | $14.56K | $-14.56K | 0% | $0 | $-14.56K |
What's going well?
The company earned $187,466 in interest income, which more than covered its expenses and led to a small profit. No debt or interest expense is a positive.
What's concerning?
There is still no revenue, and operating expenses have ballooned. The business is not generating sales or gross profit, and results are entirely dependent on outside interest income.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.2M | $127.96M | $6.43M | $121.52M |
What's financially strong about this company?
No debt at all, and shareholders' equity is much higher than what the company owes. There are no risky intangibles or goodwill on the books.
What are the financial risks or weaknesses?
Cash is barely enough to cover short-term bills, and most assets are in a vague 'other non-current' category, which may not be easy to turn into cash quickly. Retained earnings are negative, hinting at past losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $49.01K | $-15.58K | $-98.53M | $99.48M | $927.61K | $-15.58K |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash from investors, giving it a decent cash cushion for now. There is no debt dependency, and no capital spending required this quarter.
What are the cash flow concerns?
The business is not generating cash from its operations and relies entirely on selling new shares to survive. This causes heavy dilution for existing shareholders and is not a sustainable way to fund the company.
CEO
Shibin Wang
Compensation Summary
(Year )
Price Target
Institutional Ownership
AQR ARBITRAGE LLC
Shares:523.03K
Value:$5.27M
TENOR CAPITAL MANAGEMENT CO., L.P.
Shares:500K
Value:$5.04M
ALBERTA INVESTMENT MANAGEMENT CORP
Shares:500K
Value:$5.04M
Summary
Showing Top 3 of 20