LAX
Price:
$5.21
Market Cap:
$26.33M
8i Acquisition 2 Corp. is not engaged in any substantial business activities at present. Its core mission is to complete a strategic corporate transaction—such as a merger, an exchange of equity, an asset acquisition, a stock purchase, a financial restructuring, a corporate overhaul, or another similar form of business consolidation—with one or more enterprises predominantly situated in Asia. This company was established in 2021 and its primary base of operations is Singapore.
Industry
Shell Companies
IPO Date
2001-09-04
Stock Exchange
NASDAQ
Ticker
LAX
According to 8i Acquisition 2 Corp.’s latest financial reports and current stock price. The company's current ROE is 119.56%. This represents a change of 312.07% compared to the average of 29.01% of the last 4 quarters.
The mean historical ROE of 8i Acquisition 2 Corp. over the last ten years is 270.77%. The current 119.56% ROE has changed -55.85% with respect to the historical average. Over the past ten years (40 quarters), LAX's ROE was at its highest in in the December 2022 quarter at 639.28%. The ROE was at its lowest in in the December 2021 quarter at -43.15%.
Average
270.77%
Median
149.90%
Minimum
-48.69%
Maximum
706.83%
Discovering the peaks and valleys of 8i Acquisition 2 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 = 349.28%
Maximum Annual ROE = 706.83%
Minimum Annual Increase = -440.76%
Minimum Annual ROE = -48.69%
| Year | ROE | Change |
|---|---|---|
| 2025 | 65.17% | -89.17% |
| 2024 | 601.53% | 349.28% |
| 2023 | 133.89% | -81.06% |
| 2022 | 706.83% | 326.01% |
| 2021 | 165.92% | -440.76% |
The current ROE of 8i Acquisition 2 Corp. (LAX) 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
266.86%
5-year avg
334.67%
10-year avg
270.77%
8i Acquisition 2 Corp.’s ROE is greater than Thunder Bridge Capital Partners IV Inc. (-7.51%), less than Patria Latin American Opportunity Acquisition Corp. (129.74%), less than CF Acquisition Corp. VII (1.77%), less than Mercato Partners Acquisition Corporation (6.13%), greater than Viscogliosi Brothers Acquisition Corp. (-1.35%), less than 26 Capital Acquisition Corp. (5.51%), less than SDCL EDGE Acquisition Corporation (2.31%), less than Senior Connect Acquisition Corp. I (8.82%), less than Abacus Global Management, Inc. (6.56%), greater than Gladstone Acquisition Corporation (-0.76%),
| Company | ROE | Market cap |
|---|---|---|
| -7.51% | $116.11M | |
| 129.74% | $121.95M | |
| 1.77% | $114.61M | |
| 6.13% | $115.68M | |
| -1.35% | $112.93M | |
| 5.51% | $114.18M | |
| 2.31% | $115.04M | |
| 8.82% | $116.25M | |
| 6.56% | $790.82M | |
| -0.76% | $135.39M |
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