The Growth for Good Acquisition Corporation

The Growth for Good Acquisition Corporationverified

GFGD

Price:

$10.53

Market Cap:

$341.44M

The Growth for Good Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-02-04

Stock Exchange

NASDAQ

Ticker

GFGD

The ROE as of December 2024 (TTM) for The Growth for Good Acquisition Corporation (GFGD) is 2.34%

According to The Growth for Good Acquisition Corporation’s latest financial reports and current stock price. The company's current ROE is 2.34%. This represents a change of 149.04% compared to the average of 0.94% of the last 4 quarters.

The Growth for Good Acquisition Corporation (GFGD) Historical ROE (quarterly & annually)

How has GFGD ROE performed in the past?

The mean historical ROE of The Growth for Good Acquisition Corporation over the last ten years is 1.16%. The current 2.34% ROE has changed 100.90% with respect to the historical average. Over the past ten years (40 quarters), GFGD's ROE was at its highest in in the December 2021 quarter at 1.58%. The ROE was at its lowest in in the September 2021 quarter at -28.21%.

Quarterly (TTM)
Annual

Average

1.16%

Median

1.16%

Minimum

0%

Maximum

2.33%

The Growth for Good Acquisition Corporation (GFGD) ROE by Quarter and Year

Discovering the peaks and valleys of The Growth for Good 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 = Infinity%

Maximum Annual ROE = 2.33%

Minimum Annual Increase = 0%

Minimum Annual ROE = 0%

Quarterly (TTM)
Annual
YearROEChange
20222.33%Infinity%

The Growth for Good Acquisition Corporation (GFGD) Average ROE

How has GFGD ROE performed in the past?

The current ROE of The Growth for Good Acquisition Corporation (GFGD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.16%

5-year avg

1.16%

10-year avg

1.16%

The Growth for Good Acquisition Corporation (GFGD) ROE vs. Peers

How is GFGD’s ROE compared to its peers?

The Growth for Good Acquisition Corporation’s ROE is less than Finnovate Acquisition Corp. (0.67%), less than Pono Capital Two, Inc. (0%), greater than Broad Capital Acquisition Corp. (-6.47%), greater than Welsbach Technology Metals Acquisition Corp. (-3.15%), less than Forum Merger IV Corporation (2.37%), less than Gores Holdings IX, Inc. (0%), less than HHG Capital Corporation (6.28%), less than Consilium Acquisition Corp I, Ltd. (4.34%), less than Investcorp Europe Acquisition Corp I (1.63%), less than null (33.99%),

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