Lakeshore Acquisition III Corp. Unit (LCCCU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LCCCU SEC filings page.
This page shows Lakeshore Acquisition III Corp. Unit (LCCCU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financing and investing flows dominate the reported structure, while positive earnings sit beside operating cash outflow and negative equity.
The positive net income alongside negative operating income and operating cash flow indicates reported earnings are being shaped outside recurring operations rather than converted from them.
Liabilities exceeded assets by
Current assets were 10.2x current liabilities, so short-term balance-sheet coverage coexists with a broader capital deficit rather than resolving it.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Lakeshore Acquisition III Corp. Unit does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Lakeshore Acquisition III Corp. Unit used $0.41 of operating cash (-$519K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Lakeshore Acquisition III Corp. Unit reported an operating loss of $600K against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Lakeshore Acquisition III Corp. Unit reported $339K in net income in Q2 2026. This represents an increase of 56.7% from the same quarter a year earlier. Against the prior quarter it is down 33.5%.
Lakeshore Acquisition III Corp. Unit earned $0.06 per diluted share (EPS) in Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Lakeshore Acquisition III Corp. Unit held $252K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
LCCCU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|
| SG&A Expenses | $287K+14.6% | $109K+213.2% | N/A | $231K | $251K | $35K | $14K |
| Operating Income | -$287K-14.6% | -$109K-213.2% | N/A | -$231K | -$251K | -$35K | -$14K |
| Interest Expense | $626K+34.1% | $618K | N/A | $717K | $467K | $0 | $0 |
| Net Income | $339K+56.7% | $510K+1569.8% | N/A | $487K | $216K | -$35K | -$14K |
| EPS (Basic) | -$0.03+25.0% | -$0.01+50.0% | $0.00+100.0% | -$0.03 | -$0.04 | -$0.02 | -$0.01 |
| EPS (Diluted) | $0.06 | $0.08 | $0.09 | $0.08 | $0.06 | $0.00 | $0.00 |
| Diluted Shares (Avg) | 7M | 7M | N/A | 7M | 5M | 0 | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Income Tax.
LCCCU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $72.4M+2.6% | $72.1M+23849.6% | $71.6M+22939.3% | $71.0M | $70.5M | $301K | $311K |
| Current Assets | $295K-72.7% | $657K+118.1% | $766K+146.3% | $850K | $1.1M | $301K | $311K |
| Cash & Equivalents | $252K-75.4% | $590K+1570.2% | $757K+650.0% | $817K | $1.0M | $35K | $101K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $74.5M+3.6% | $74.0M+22658.9% | $73.3M+24349.3% | $72.7M | $72.0M | $325K | $300K |
| Current Liabilities | $0-100.0% | $75K-76.9% | $75K-75.0% | $75K | $75K | $325K | $300K |
| Non-Current Liabilities | $74.5M+3.7% | $73.9M | $73.3M | $72.6M | $71.9M | $0 | $0 |
| Total Equity | -$2.1M-50.4% | -$1.8M-7598.0% | -$1.7M-15955.2% | -$1.6M | -$1.4M | -$24K | $11K |
| Retained Earnings | -$2.1M-50.4% | -$1.8M-3655.7% | -$1.7M-12110.5% | -$1.6M | -$1.4M | -$49K | -$14K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
LCCCU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
LCCCU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$1.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Lakeshore Acquisition III Corp. Unit Ranks
Frequently Asked Questions
Is Lakeshore Acquisition III Corp. Unit profitable?
Yes, Lakeshore Acquisition III Corp. Unit (LCCCU) reported a net income of $1.3M in fiscal year 2025.
What is Lakeshore Acquisition III Corp. Unit's operating cash flow?
Lakeshore Acquisition III Corp. Unit (LCCCU) recorded an outflow of $519K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lakeshore Acquisition III Corp. Unit's total assets?
Lakeshore Acquisition III Corp. Unit (LCCCU) had $71.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Lakeshore Acquisition III Corp. Unit's current ratio?
Lakeshore Acquisition III Corp. Unit (LCCCU) had a current ratio of 10.21 as of fiscal year 2025, which is generally considered healthy.
What is Lakeshore Acquisition III Corp. Unit's return on assets (ROA)?
Lakeshore Acquisition III Corp. Unit (LCCCU) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Lakeshore Acquisition III Corp. Unit's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Lakeshore Acquisition III Corp. Unit (LCCCU) held $757K in cash, cash equivalents and investments, and reported an operating cash outflow of $519K over that year. Dividing the one by the other, the reported balance equals about 17 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Lakeshore Acquisition III Corp. Unit's debt-to-equity ratio negative or not reported?
Lakeshore Acquisition III Corp. Unit (LCCCU) has negative shareholder equity of -$1.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Are Lakeshore Acquisition III Corp. Unit's earnings high quality?
For every $1 of reported earnings, Lakeshore Acquisition III Corp. Unit (LCCCU) used $0.41 of operating cash (-$519K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lakeshore Acquisition III Corp. Unit cover its interest payments?
Lakeshore Acquisition III Corp. Unit (LCCCU) reported an operating loss of $600K against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.