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CHE

Chenghe Acquisition III Co.

CHEC

Chenghe Acquisition III Co. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, or similar business combination with one or more businesses.

Market cap
$175.34M+2.1%
Net income$2.0M
Trailing twelve months · change vs. prior year

Financials

Income statement

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Operating income-$176.8K
Net income$884.7K+4,607%

Balance sheet

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Cash & equivalents$593.7K
Total equity-$4.6M-16,821%
Total assets$129.6M

Cash flow

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Operating cash flow-$103.2K

Valuation & ratios

Valuation

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Market cap$175.34M+2.1%
P/E88×

Returns & leverage

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Return on equity-86%
Current ratio2.9×

Competitors

Profile

Chenghe Acquisition III Co. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. The company primarily targets growth-oriented firms in Asian markets or global enterprises with a significant focus on the Asia-Pacific region, particularly within the e-commerce, consumer, and smart home technology sectors.

Competitive position

The company is a repeat SPAC sponsor backed by the Chenghe Group, utilizing a management team with extensive experience in sourcing and executing business combinations in the Asia-Pacific region.

GeographiesSingapore, Cayman Islands, China, Hong Kong, Asia-Pacific
Customer segmentsInstitutional Investors, Retail Investors, Private Companies
Business modelSPAC, Investment Holding
SuppliersInvestment banks, Legal counsel, Audit firms, Trust account custodians
CustomersPublic market investors, Target business shareholders
CountrySingapore
Listed2025
CEOShibin Wang
FilingsSEC EDGAR

Questions, answered.

What is Chenghe Acquisition III Co. 's market cap?
Chenghe Acquisition III Co. (CHEC) has a market capitalization of $175.3M and trades on NASDAQ.
Who are Chenghe Acquisition III Co. 's competitors?
Chenghe Acquisition III Co. 's key competitors include American Drive Acquisition Company Class A Ordinary Shares, Bayview Acquisition Corp Class A Ordinary Shares, Black Hawk Acquisition Corporation Class A Ordinary Shares, and others. These companies compete in similar markets and product categories.
Who does Chenghe Acquisition III Co. partner with?
Chenghe Acquisition III Co. 's notable partners include BTIG, LLC, Chenghe Group Ltd..
Where is Chenghe Acquisition III Co. headquartered?
Chenghe Acquisition III Co. is headquartered in Singapore. It has been publicly traded since 2025.