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Chenghe Acquisition NasdaqGM:CHEA Stock Report

Last Price

US$5.58

Market Cap

US$63.1m

7D

-14.7%

1Y

-46.5%

Updated

17 Feb, 2024

Data

Company Financials

Chenghe Acquisition Co.

NasdaqGM:CHEA Stock Report

Market Cap: US$63.1m

CHEA Stock Overview

Chenghe Acquisition Co. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. More details

CHEA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

Chenghe Acquisition Co. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chenghe Acquisition
Historical stock prices
Current Share PriceUS$5.58
52 Week HighUS$12.15
52 Week LowUS$4.70
Beta0
11 Month Change-49.46%
3 Month Change-48.95%
1 Year Change-46.50%
33 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

CHEAUS Capital MarketsUS Market
7D-14.7%2.1%2.2%
1Y-46.5%55.8%32.6%

Return vs Industry: CHEA underperformed the US Capital Markets industry which returned 11.3% over the past year.

Return vs Market: CHEA underperformed the US Market which returned 20.9% over the past year.

Price Volatility

Is CHEA's price volatile compared to industry and market?
CHEA volatility
CHEA Average Weekly Movement23.2%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CHEA's share price has been volatile over the past 3 months.

Volatility Over Time: CHEA's weekly volatility has increased from 12% to 23% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aShibin Wangchengheinv.com/chenghe-acquisition-co

Chenghe Acquisition Co. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company intends to identify business opportunities in the field of financial technology or technology-enabled financial service companies, including artificial intelligence, big data, and cloud and blockchain-related initiatives in Asian markets. Chenghe Acquisition Co. was founded in 2021 and is based in Singapore.

Chenghe Acquisition Co. Fundamentals Summary

How do Chenghe Acquisition's earnings and revenue compare to its market cap?
CHEA fundamental statistics
Market capUS$63.12m
Earnings (TTM)US$2.46m
Revenue (TTM)n/a

25.6x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHEA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$2.46m
EarningsUS$2.46m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-1.7%

How did CHEA perform over the long term?

See historical performance and comparison