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 ▼ |
| Q2-2025 | $0 | $18.17K ▲ | $-18.17K ▼ | 0% | $-0 ▼ | $-18.17K ▼ |
| Q1-2025 | $0 | $14.56K | $-14.56K | 0% | $0 | $-14.56K |
What's going well?
The company managed to post a profit this quarter, swinging from a loss last quarter. Interest income provided a financial cushion.
What's concerning?
There is still no revenue, operating losses are growing, and costs are rising fast. The profit is not from business activity but from interest income, which is not sustainable.
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, so it is not at risk of bankruptcy from borrowing. There are no goodwill or intangible risks, and the balance sheet is clean.
What are the financial risks or weaknesses?
Cash is low compared to short-term bills, so the company could face a squeeze if expenses rise or cash collections slow. Most assets are in a vague 'other non-current assets' category, which may not be easy to turn into cash quickly.
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 successfully raised nearly $100 million in new funding, boosting its cash balance and paying down some debt.
What are the cash flow concerns?
Operations are burning cash, profits are not turning into cash, and the company relies on constantly issuing new shares, which heavily dilutes shareholders.
About Chenghe Acquisition III Co. Warrants
https://www.chenghegroup.comChenghe Acquisition III Co. is primarily focused on executing various forms of business integration. Its core activity involves completing strategic combinations with one or more enterprises, including mergers, share exchanges, asset acquisitions, stock purchases, or corporate reorganizations. The firm was established in Singapore during 2024.
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 ▼ |
| Q2-2025 | $0 | $18.17K ▲ | $-18.17K ▼ | 0% | $-0 ▼ | $-18.17K ▼ |
| Q1-2025 | $0 | $14.56K | $-14.56K | 0% | $0 | $-14.56K |
What's going well?
The company managed to post a profit this quarter, swinging from a loss last quarter. Interest income provided a financial cushion.
What's concerning?
There is still no revenue, operating losses are growing, and costs are rising fast. The profit is not from business activity but from interest income, which is not sustainable.
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, so it is not at risk of bankruptcy from borrowing. There are no goodwill or intangible risks, and the balance sheet is clean.
What are the financial risks or weaknesses?
Cash is low compared to short-term bills, so the company could face a squeeze if expenses rise or cash collections slow. Most assets are in a vague 'other non-current assets' category, which may not be easy to turn into cash quickly.
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 successfully raised nearly $100 million in new funding, boosting its cash balance and paying down some debt.
What are the cash flow concerns?
Operations are burning cash, profits are not turning into cash, and the company relies on constantly issuing new shares, which heavily dilutes shareholders.
CEO
Shibin Wang
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+