Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporationverified

FLFV

Price:

$2.56

Market Cap:

$14.35M

Feutune Light Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2022 and is based in Metuchen, New Jersey.[Read more]

Industry

Shell Companies

IPO Date

2022-08-08

Stock Exchange

NASDAQ

Ticker

FLFV

The ROE as of September 2024 (TTM) for Feutune Light Acquisition Corporation (FLFV) is 1.70%

According to Feutune Light Acquisition Corporation’s latest financial reports and current stock price. The company's current ROE is 1.70%. This represents a change of 380.37% compared to the average of 0.35% of the last 4 quarters.

Feutune Light Acquisition Corporation (FLFV) Historical ROE (quarterly & annually)

How has FLFV ROE performed in the past?

The mean historical ROE of Feutune Light Acquisition Corporation over the last ten years is -5.83%. The current 1.70% ROE has changed -129.21% with respect to the historical average. Over the past ten years (40 quarters), FLFV's ROE was at its highest in in the June 2022 quarter at 3.02%. The ROE was at its lowest in in the September 2022 quarter at -28.22%.

Quarterly (TTM)
Annual

Average

-5.83%

Median

-5.83%

Minimum

-14.46%

Maximum

2.79%

Feutune Light Acquisition Corporation (FLFV) ROE by Quarter and Year

Discovering the peaks and valleys of Feutune Light Acquisition Corporation 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 = 2.79%

Minimum Annual Increase = -119.31%

Minimum Annual ROE = -14.46%

Quarterly (TTM)
Annual
YearROEChange
20232.79%-119.31%

Feutune Light Acquisition Corporation (FLFV) Average ROE

How has FLFV ROE performed in the past?

The current ROE of Feutune Light Acquisition Corporation (FLFV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-5.83%

5-year avg

-5.83%

10-year avg

-5.83%

Feutune Light Acquisition Corporation (FLFV) ROE vs. Peers

How is FLFV’s ROE compared to its peers?

Feutune Light Acquisition Corporation’s ROE is less than Jupiter Acquisition Corporation (0%), less than Sound Point Acquisition Corp I, Ltd (1.44%), less than XPAC Acquisition Corp. (6.02%), less than Newcourt Acquisition Corp (3.91%), greater than Western Acquisition Ventures Corp. (-7.39%), greater than Aetherium Acquisition Corp. (-29.09%), greater than null (-0.06%),

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