ACBA
Price:
$12.03
Market Cap:
$41.28M
Ace Global Business Acquisition Limited does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the gaming and e-commerce sectors in Greater China, Japan, and Southeast Asia regions. The company was incorporated in 2020 and is based in Central, Hong Kong.[Read more]
Industry
Shell Companies
IPO Date
2021-05-26
Stock Exchange
NASDAQ
Ticker
ACBA
According to Ace Global Business Acquisition Limited’s latest financial reports and current stock price. The company's current ROE is -2.71%. This represents a change of 335.98% compared to the average of -0.62% of the last 4 quarters.
The mean historical ROE of Ace Global Business Acquisition Limited over the last ten years is -41.14%. The current -2.71% ROE has changed -93.42% with respect to the historical average. Over the past ten years (40 quarters), ACBA's ROE was at its highest in in the March 2021 quarter at 110.58%. The ROE was at its lowest in in the March 2023 quarter at -2.88%.
Average
-41.14%
Median
-1.81%
Minimum
-171.92%
Maximum
10.98%
Discovering the peaks and valleys of Ace Global Business Acquisition Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual ROE = 10.98%
Minimum Annual Increase = -590.42%
Minimum Annual ROE = -171.92%
Year | ROE | Change |
---|---|---|
2023 | -1.38% | -112.58% |
2022 | 10.98% | -590.42% |
2021 | -2.24% | -98.70% |
The current ROE of Ace Global Business Acquisition Limited (ACBA) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.45%
5-year avg
-41.14%
10-year avg
-41.14%
Ace Global Business Acquisition Limited’s ROE is less than AfterNext HealthTech Acquisition Corp. (0%), less than Alpha One Inc. (0%), greater than Manaris (2010) Corp. (-1.08%), greater than null (-38.18%),
Company | ROE | Market cap |
---|---|---|
0% | $0 | |
0% | $361.38K | |
-1.08% | $108.99K | |
-38.18% | $0 |
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