Analyzing Chenghe Acquisition I (LATG) and Its Rivals

Insider and Institutional Ownership

50.9% of Chenghe Acquisition I shares are held by institutional investors. Comparatively, 54.4% of shares of all “Holding & other investment offices” companies are held by institutional investors. 54.6% of Chenghe Acquisition I shares are held by insiders. Comparatively, 27.7% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Chenghe Acquisition I and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chenghe Acquisition I	N/A	N/A	-8.81%
Chenghe Acquisition I Competitors	11.89%	-46.64%	1.71%

Risk and Volatility

Chenghe Acquisition I has a beta of 0.07, meaning that its stock price is 93% less volatile than the S&P 500. Comparatively, Chenghe Acquisition I’s rivals have a beta of -0.06, meaning that their average stock price is 106% less volatile than the S&P 500.

Valuation and Earnings

This table compares Chenghe Acquisition I and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Chenghe Acquisition I	N/A	$430,000.00	-34.00
Chenghe Acquisition I Competitors	$1.04 billion	$78.55 million	37.62

Chenghe Acquisition I’s rivals have higher revenue and earnings than Chenghe Acquisition I. Chenghe Acquisition I is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Chenghe Acquisition I rivals beat Chenghe Acquisition I on 6 of the 9 factors compared.

About Chenghe Acquisition I

Chenghe Acquisition I Co. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia Pacific. The company was formerly known as LatAmGrowth SPAC and changed its name to Chenghe Acquisition I Co. in November 2023. Chenghe Acquisition I Co. was incorporated in 2021 and is based in Singapore.