LBBB
Price:
$3
Market Cap:
$10.76M
Lakeshore Acquisition II Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, 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
2022-04-14
Stock Exchange
NASDAQ
Ticker
LBBB
According to Lakeshore Acquisition II Corp.’s latest financial reports and current stock price. The company's current ROE is 1.89%. This represents a change of 37.07% compared to the average of 1.38% of the last 4 quarters.
The mean historical ROE of Lakeshore Acquisition II Corp. over the last ten years is 71.62%. The current 1.89% ROE has changed -97.36% with respect to the historical average. Over the past ten years (40 quarters), LBBB's ROE was at its highest in in the March 2022 quarter at 7.37%. The ROE was at its lowest in in the June 2021 quarter at 0%.
Average
71.62%
Median
71.62%
Minimum
1.85%
Maximum
141.40%
Discovering the peaks and valleys of Lakeshore Acquisition II Corp. 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 = 141.40%
Minimum Annual Increase = -98.69%
Minimum Annual ROE = 1.85%
Year | ROE | Change |
---|---|---|
2022 | 1.85% | -98.69% |
The current ROE of Lakeshore Acquisition II Corp. (LBBB) 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
71.62%
5-year avg
71.62%
10-year avg
71.62%
Lakeshore Acquisition II Corp.’s ROE is less than Future Health ESG Corp. (0%), less than Maquia Capital Acquisition Corporation (1.22%), greater than Vector Acquisition Corporation II (-547.88%), greater than AxonPrime Infrastructure Acquisition Corporation (-7.05%), less than Altimar Acquisition Corp. III (0%), less than Manaris (2010) Corp. (0%), greater than AfterNext HealthTech Acquisition Corp. (-38.18%), less than Alpha One Inc. (0%), less than Goldenstone Acquisition Limited (0%), greater than null (-1.08%), less than null (4.54%),
Company | ROE | Market cap |
---|---|---|
0% | $66.76M | |
1.22% | $59.30M | |
-547.88% | $173.46M | |
-7.05% | $193.69M | |
0% | $82.40M | |
0% | $9.91K | |
-38.18% | $0 | |
0% | $118.29M | |
0% | $38.86M | |
-1.08% | $0 | |
4.54% | $0 |
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How does the current ROE for Lakeshore Acquisition II Corp. (LBBB) compare to its historical average?