Lakeshore Acquisition I Corp

Company Profile

Lakeshore Acquisition I Corp had its IPO on 2021-07-28 under the ticker symbol LAAA.

The company operates in the Financial Services sector and Shell Companies industry. Lakeshore Acquisition I Corp has a staff strength of 0 employees.

Stock update

Shares of Lakeshore Acquisition I Corp opened at $8.52 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.4 - $8.76, and closed at $8.69.

This is a -4.08% slip from the previous day's closing price.

A total volume of 19,787 shares were traded at the close of the day’s session.

In the last one week, shares of Lakeshore Acquisition I Corp have slipped by -14.8%.

Lakeshore Acquisition I Corp's Key Ratios

Lakeshore Acquisition I Corp has a market cap of $39.01 million, indicating a price to book ratio of 1.3505 and a price to sales ratio of 0.

In the last 12-months Lakeshore Acquisition I Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Lakeshore Acquisition I Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Lakeshore Acquisition I Corp’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, Lakeshore Acquisition I Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Lakeshore Acquisition I Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.074 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Lakeshore Acquisition I Corp’s profitability.

Lakeshore Acquisition I Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -75.6768. Its price to sales ratio in the trailing 12-months stood at 0.

Lakeshore Acquisition I Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$29.43 million

Total Liabilities

$542538.00

Operating Cash Flow

$25.81 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

Lakeshore Acquisition I Corp ended 2024 with $29.43 million in total assets and $0 in total liabilities. Its intangible assets were valued at $29.43 million while shareholder equity stood at $-256615.00.

Lakeshore Acquisition I Corp ended 2024 with $0 in deferred long-term liabilities, $542538.00 in other current liabilities, 163.00 in common stock, $-389222.00 in retained earnings and $0 in goodwill. Its cash balance stood at $150923.00 and cash and short-term investments were $150923.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Lakeshore Acquisition I Corp’s total current assets stands at $29.43 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Lakeshore Acquisition I Corp's operating cash flow was $25.81 million while its capital expenditure stood at $0.

Comparatively, Lakeshore Acquisition I Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$8.69

52-Week High

$11.2951

52-Week Low

$8.4

Analyst Target Price

$

Lakeshore Acquisition I Corp stock is currently trading at $8.69 per share. It touched a 52-week high of $11.2951 and a 52-week low of $11.2951. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.07 and 200-day moving average was $9.99 The short ratio stood at 0.34 indicating a short percent outstanding of 0%.

Around 1569% of the company’s stock are held by insiders while 6432.1% are held by institutions.