CHECW
CHECW
Chenghe Acquisition III Co. WarrantsIncome 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 |
What's going well?
The company earned $187,466 in interest income, which more than covered its overhead costs and resulted in a small profit. No debt or interest expense is a positive sign for the balance sheet.
What's concerning?
There was no revenue or gross profit, and the core business lost money. Profit came only from interest income, which is not sustainable for long-term growth.
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?
The company has no debt at all and a large positive equity position. There are no goodwill or intangible risks, and the balance sheet is simple and clean.
What are the financial risks or weaknesses?
Cash is low compared to near-term bills, and most assets are tied up in non-current categories that may not be easy to turn into cash quickly. Retained earnings are negative, showing 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 nearly $100 million in new funding, giving it a cash cushion for now. It is not taking on more debt.
What are the cash flow concerns?
Operations are burning cash, and the company is completely reliant on selling new shares to survive. Shareholders are being heavily diluted, and there are no dividends or buybacks.
About Chenghe Acquisition III Co. Warrants
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 |
What's going well?
The company earned $187,466 in interest income, which more than covered its overhead costs and resulted in a small profit. No debt or interest expense is a positive sign for the balance sheet.
What's concerning?
There was no revenue or gross profit, and the core business lost money. Profit came only from interest income, which is not sustainable for long-term growth.
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?
The company has no debt at all and a large positive equity position. There are no goodwill or intangible risks, and the balance sheet is simple and clean.
What are the financial risks or weaknesses?
Cash is low compared to near-term bills, and most assets are tied up in non-current categories that may not be easy to turn into cash quickly. Retained earnings are negative, showing 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 nearly $100 million in new funding, giving it a cash cushion for now. It is not taking on more debt.
What are the cash flow concerns?
Operations are burning cash, and the company is completely reliant on selling new shares to survive. Shareholders are being heavily diluted, and there are no dividends or buybacks.
CEO
Shibin Wang
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+