Lakeshore Acquisition II Corp.

Lakeshore Acquisition II Corp.verified

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

The ROE as of September 2024 (TTM) for Lakeshore Acquisition II Corp. (LBBB) is 5.02%

According to Lakeshore Acquisition II Corp.’s latest financial reports and current stock price. The company's current ROE is 5.02%. This represents a change of 264.58% compared to the average of 1.38% of the last 4 quarters.

Lakeshore Acquisition II Corp. (LBBB) Historical ROE (quarterly & annually)

How has LBBB ROE performed in the past?

The mean historical ROE of Lakeshore Acquisition II Corp. over the last ten years is 71.62%. The current 5.02% ROE has changed -92.99% 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%.

Quarterly (TTM)
Annual

Average

71.62%

Median

71.62%

Minimum

1.85%

Maximum

141.40%

Lakeshore Acquisition II Corp. (LBBB) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
20221.85%-98.69%

Lakeshore Acquisition II Corp. (LBBB) Average ROE

How has LBBB ROE performed in the past?

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. (LBBB) ROE vs. Peers

How is LBBB’s ROE compared to its peers?

Lakeshore Acquisition II Corp.’s ROE is less than Future Health ESG Corp. (0%), greater than Maquia Capital Acquisition Corporation (-0.95%), greater than Vector Acquisition Corporation II (-2.84%), less than AxonPrime Infrastructure Acquisition Corporation (11.96%), 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 (3.11%),

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