Chenghe Acquisition Co Stock Fundamentals
CHEADelisted Stock | USD 10.82 0.02 0.18% |
Chenghe Acquisition Co fundamentals help investors to digest information that contributes to Chenghe Acquisition's financial success or failures. It also enables traders to predict the movement of Chenghe Stock. The fundamental analysis module provides a way to measure Chenghe Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chenghe Acquisition stock.
Chenghe |
Chenghe Acquisition Co Company Shares Owned By Institutions Analysis
Chenghe Acquisition's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Chenghe Acquisition Shares Owned By Institutions | 12.97 % |
Most of Chenghe Acquisition's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chenghe Acquisition Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
CompetitionBased on the latest financial disclosure, 12.97% of Chenghe Acquisition Co are shares owned by institutions. This is 56.39% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The shares owned by institutions for all United States stocks is 66.92% higher than that of the company.
Chenghe Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chenghe Acquisition's current stock value. Our valuation model uses many indicators to compare Chenghe Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chenghe Acquisition competition to find correlations between indicators driving Chenghe Acquisition's intrinsic value. More Info.Chenghe Acquisition Co is rated fourth in return on asset category among its peers. It is rated below average in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chenghe Acquisition's earnings, one of the primary drivers of an investment's value.Chenghe Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chenghe Acquisition's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chenghe Acquisition could also be used in its relative valuation, which is a method of valuing Chenghe Acquisition by comparing valuation metrics of similar companies.Chenghe Acquisition is currently under evaluation in shares owned by institutions category among its peers.
Chenghe Fundamentals
Return On Asset | -0.0143 | |||
Current Valuation | 63.04 M | |||
Shares Outstanding | 8.44 M | |||
Shares Owned By Institutions | 12.97 % | |||
Number Of Shares Shorted | 857 | |||
Price To Book | 0.74 X | |||
EBITDA | (649.86 K) | |||
Net Income | 982.84 K | |||
Cash And Equivalents | 702.7 K | |||
Cash Per Share | 0.05 X | |||
Total Debt | 115.84 K | |||
Current Ratio | 0.03 X | |||
Book Value Per Share | (0.53) X | |||
Cash Flow From Operations | (525.1 K) | |||
Short Ratio | 0.01 X | |||
Earnings Per Share | 0.19 X | |||
Market Capitalization | 63.12 M | |||
Total Asset | 120.94 M | |||
Retained Earnings | (3.55 M) | |||
Working Capital | 478.71 K | |||
Net Asset | 120.94 M |
About Chenghe Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chenghe Acquisition Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chenghe Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chenghe Acquisition Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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. It 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 is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Chenghe Stock
If you are still planning to invest in Chenghe Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Chenghe Acquisition's history and understand the potential risks before investing.
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