Chenghe Acquisition I Co 's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Chenghe Acquisition I Co 's ROA in the third quarter of 2024?
Chenghe Acquisition I Co recorded a cumulative net loss of $-4 million during 12 months ending in the third quarter of 2024, resulting in a negative return on assets (ROA) of -8.9%.

However, within the Financial sector 956 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 3241 to 3347.

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Return On Assets	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Total Assets Change	-26.3 %	-25.31 %	-67.59 %	-68.21 %	-54.57 %
Y / Y Net Income Change	-77.9 %	-90.65 %	-	-	-
Net Income (TTM) in million	-4	-3	-2	0	6
Return On Assets (TTM)	-8.9 %	-6.53 %	-4.03 %	0.57 %	5.94 %
LATG's Total Ranking	# 3347	# 3241	# 3128	# 2867	# 1113
Total Assets (TTM) in million	45	45	44	43	61
Seq. Total Assets Change	-0.08 %	2.23 %	2.5 %	-29.61 %	1.25 %
Seq. Net Income Change	106.52 %	-	-	-	-12.63 %

LATG's 5 Years Annual ROA >> Back to LATG Management Effectiveness >> Compare LATG ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 76
Sector	# 957
Overall	# 3290

Return On Assets Statistics
High	Average	Low
7.29 %	0.14 %	-8.81 %
(Dec 31 2022)		(Sep 30 2024)

Financial Statements
Chenghe Acquisition I Co 's Assets	$ 45 million	LATG's Balance sheet
Chenghe Acquisition I Co 's Income	$ 0 million	Quarterly LATG's Income Statement
LATG's Income by Division		See LATG's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	FY	FY	FY
Y / Y Total Assets Change	-68.21 %	-	-	-	-
Total Assets in million	43	135	0	0	0
Y / Y Net Income Change	-95.67 %	-	-	-	-
Net Income in million	0	10	0	0	0
Annual Return On Assets	0.99 %	7.27 %	-	-	-

LATG's 5 Years Annual ROA >> Back to LATG Management Effectiveness >> Compare LATG ROA to its Competitors

Comment on LATG's ROA in the fiscal year ending 2023

In the fiscal year 2023 Chenghe Acquisition I Co 's ROA decreased compared to previous year to 0.99 %, due to deterioration of net income -95.67 % to $0.43 million, from $9.83 million a year ago, as LATG's assets were $43.00 million.

More Return On Assets Ratios
LATG's' Return on Assets at Yahoo Finance
Blank Checks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
LATG's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for LATG's Competitors
Subscribers only: Roa for Chenghe Acquisition I Co 's Suppliers
Subscribers only: Return On Assets for LATG's Customers

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LATG's Roe	LATG's Valuation Ratios	LATG's Financial Strength Ratios	LATG's Dividend Payout Ratio

Companies with similar Return On Assets at Sep 30 2024, within Financial Sector

ROA

Date modified: 2026-09-26T07:41:43+00:00

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