Lakeshore Acquisition III Corp. Financials
This page shows Lakeshore Acquisition III Corp. (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).
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Lakeshore Acquisition III Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
With a current ratio of 10.21, Lakeshore Acquisition III Corp. holds $10.21 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
For every $1 of reported earnings, Lakeshore Acquisition III Corp. generates $-0.41 in operating cash flow (-$519K OCF vs $1.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Lakeshore Acquisition III Corp. earns $-0.3 in operating income for every $1 of interest expense (-$600K vs $1.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Lakeshore Acquisition III Corp. reported $1.3M in net income in fiscal year 2025.
Lakeshore Acquisition III Corp. earned $0.31 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Lakeshore Acquisition III Corp. held $757K in cash against $0 in long-term debt as of fiscal year 2025.
Lakeshore Acquisition III Corp. had 9M shares outstanding in fiscal year 2025.
Margins & Returns
Capital Allocation
LCCCU Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $231K-8.1% | $251K+623.1% | $35K+145.6% | $14K |
| Operating Income | N/A | -$231K+8.1% | -$251K | N/A | -$14K |
| Interest Expense | N/A | $717K+53.5% | $467K | N/A | $0 |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $487K+124.9% | $216K+724.0% | -$35K-145.6% | -$14K |
| EPS (Diluted) | N/A | $0.08+33.3% | $0.06 | $-0.02 | $0.00 |
LCCCU Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Total Assets | $71.6M+0.8% | $71.0M+0.7% | $70.5M+23323.2% | $301K-3.1% | $311K |
| Current Assets | $766K-9.9% | $850K-21.3% | $1.1M+258.7% | $301K-3.1% | $311K |
| Cash & Equivalents | $757K-7.4% | $817K-20.2% | $1.0M+2794.7% | $35K-65.0% | $101K |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $73.3M+0.9% | $72.7M+1.0% | $72.0M+22040.7% | $325K+8.3% | $300K |
| Current Liabilities | $75K0.0% | $75K0.0% | $75K-76.9% | $325K+8.3% | $300K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.7M-5.1% | -$1.6M-16.4% | -$1.4M-5819.5% | -$24K-318.9% | $11K |
| Retained Earnings | -$1.7M-5.1% | -$1.6M-16.4% | -$1.4M-2788.1% | -$49K-245.6% | -$14K |
LCCCU Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$60K+70.9% | -$206K+5.5% | -$218K-529.5% | -$35K-19.1% | -$29K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0 | N/A | N/A | $130K |
| Financing Cash Flow | $0 | $0+100.0% | -$69.0M-223462.9% | -$31K | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
LCCCU Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | -129.9% |
| Return on Assets | N/A | 0.7%+0.4pp | 0.3%+11.8pp | -11.5%-7.0pp | -4.5% |
| Current Ratio | 10.21-1.1 | 11.33-3.1 | 14.41+13.5 | 0.93-0.1 | 1.04 |
| Debt-to-Equity | -42.54+1.8 | -44.31+6.7 | -51.05-37.4 | -13.65-41.2 | 27.58 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
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.
Frequently Asked Questions
Is Lakeshore Acquisition III Corp. profitable?
Yes, Lakeshore Acquisition III Corp. (LCCCU) reported a net income of $1.3M in fiscal year 2025.
What is Lakeshore Acquisition III Corp.'s operating cash flow?
Lakeshore Acquisition III Corp. (LCCCU) generated -$519K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lakeshore Acquisition III Corp.'s total assets?
Lakeshore Acquisition III Corp. (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.'s current ratio?
Lakeshore Acquisition III Corp. (LCCCU) had a current ratio of 10.21 as of fiscal year 2025, which is generally considered healthy.
What is Lakeshore Acquisition III Corp.'s debt-to-equity ratio?
Lakeshore Acquisition III Corp. (LCCCU) had a debt-to-equity ratio of -42.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lakeshore Acquisition III Corp.'s return on assets (ROA)?
Lakeshore Acquisition III Corp. (LCCCU) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lakeshore Acquisition III Corp.'s cash runway?
Based on fiscal year 2025 data, Lakeshore Acquisition III Corp. (LCCCU) had $757K in cash against an annual operating cash burn of $519K. This gives an estimated cash runway of approximately 17 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Lakeshore Acquisition III Corp.'s debt-to-equity ratio negative or unusual?
Lakeshore Acquisition III Corp. (LCCCU) has negative shareholder equity of -$1.7M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.'s earnings high quality?
Lakeshore Acquisition III Corp. (LCCCU) has an earnings quality ratio of -0.41x, considered low quality (accrual-driven). 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. cover its interest payments?
Lakeshore Acquisition III Corp. (LCCCU) has an interest coverage ratio of -0.3x, meaning it can struggle to cover its interest obligations. 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.
How financially healthy is Lakeshore Acquisition III Corp.?
Lakeshore Acquisition III Corp. (LCCCU) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.