NasdaqCM:HHHH

Stock Analysis Report

Executive Summary

Wealthbridge Acquisition Limited does not have significant operations.

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Less than 3 years of financial data is available

Does not have a meaningful market cap ($25M)



Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Wealthbridge Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HHHH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.02%

HHHH

1.7%

US Capital Markets

1.5%

US Market


1 Year Return

n/a

HHHH

19.0%

US Capital Markets

20.1%

US Market

Return vs Industry: Insufficient data to determine how HHHH performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how HHHH performed against the US Market.


Shareholder returns

HHHHIndustryMarket
7 Day-0.02%1.7%1.5%
30 Day0.3%0.5%1.4%
90 Day1.7%8.6%8.7%
1 Yearn/a21.4%19.0%22.7%20.1%
3 Yearn/a40.0%32.1%50.1%40.5%
5 Yearn/a83.6%66.5%73.1%54.1%

Price Volatility Vs. Market

How volatile is Wealthbridge Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wealthbridge Acquisition undervalued compared to its fair value and its price relative to the market?

5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HHHH ($10.29) is trading above our estimate of fair value ($0.16)

Significantly Below Fair Value: HHHH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HHHH is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: HHHH is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HHHH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HHHH is good value based on its PB Ratio (5x) compared to the US Capital Markets industry average (6.7x).


Next Steps

Future Growth

How is Wealthbridge Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wealthbridge Acquisition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Wealthbridge Acquisition performed over the past 5 years?

16.6%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: HHHH is currently unprofitable.

Growing Profit Margin: HHHH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if HHHH's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare HHHH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HHHH is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: HHHH has a negative Return on Equity (4.34%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Wealthbridge Acquisition's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: HHHH has a low level of unsold assets or inventory.

Debt Coverage by Assets: HHHH's debt is not covered by short term assets (assets are 0.4x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HHHH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HHHH has less than a year of cash runway if free cash flow continues to reduce at historical rates of -197.8% each year


Financial Institutions Analysis

Asset Level: HHHH's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if HHHH has a sufficient allowance for bad loans.

Low Risk Liabilities: HHHH reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if HHHH has an acceptable proportion of non-loan assets held.

Low Risk Deposits: HHHH has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if HHHH has an appropriate level of bad loans.


Next Steps

Dividend

What is Wealthbridge Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate HHHH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate HHHH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HHHH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HHHH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HHHH's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Yongsheng Liu (49yo)

1.8yrs

Tenure

0

Mr. Yongsheng Liu has been the Chief Executive Officer and Chairman of Wealthbridge Acquisition Ltd. since May 2, 2018. Mr. Liu served as Chief Executive Officer and Executive Director of LC Group Holdings ...


Leadership Team

NamePositionTenureCompensationOwnership
Yongsheng Liu
Chairman & CEO1.8yrsno data5.92% $1.5m
Xiaoyan Tang
Chief Financial Officer1.6yrsno data0.51% $128.6k
Ray Lei Chen
Chief Operating Officer1.7yrsno data0.26% $64.3k

1.7yrs

Average Tenure

49yo

Average Age

Experienced Management: HHHH's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yongsheng Liu
Chairman & CEO1.8yrsno data5.92% $1.5m
Kin Pui Choi
Independent Director1.4yrsno data0.51% $128.6k
Jining Li
Director1.4yrsno datano data
Weiping Chen
Independent Director1.4yrsno data0.51% $128.6k
Simin Xie
Independent Director1.4yrsno data0.51% $128.6k

1.4yrs

Average Tenure

62yo

Average Age

Experienced Board: HHHH's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Wealthbridge Acquisition Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wealthbridge Acquisition Limited
  • Ticker: HHHH
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$25.005m
  • Shares outstanding: 2.43m
  • Website: https://null

Location

  • Wealthbridge Acquisition Limited
  • Tonnochy Towers
  • Flat A, 6th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HHHH.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDFeb 2019
HHHHNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDMar 2019

Biography

Wealthbridge Acquisition Limited does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, recapitalization, reorganization, or business combination. The company focuses on operating businesses in and around the air transportation and aviation industry in China. Wealthbridge Acquisition Limited was founded in 2018 and is based in Wanchai, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:10
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.