HCM Acquisition Corp - HCMAU

HCMAU Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
HCMAU	0	0	0	0	0	25.9	39.9	39.9	39.9	39.9
S&P 500	-1.3	-2.3	0.5	5.7	10.8	30.2	24.9	88.0	187.6	33142.5

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	HCMAU
name	HCM Acquisition Corp
price	13.98
changes percentage	19.79
change	2.31
day low	12.48
day high	13.98
year high	15.46
year low	8.03
market cap	184309985
price avg 50	10.94
price avg 200	10.76
exchange	NASDAQ
volume	1717
avg volume	154
open	12.48
previous close	11.67
eps	0
pe	0
earnings announcement	2023-03-31T00:00:00.000+0000
shares outstanding	13183833
timestamp	2024-09-17 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 51.0%

Overall Quarterly Financial Health: 26.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001845368
revenue	0	0	NaN
gross profit	-1916100	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1916100	15786	12,037.97
interest income	4308298	0	NaN
interest expense	-29090508	0	NaN
ebitda	-14307205	-15789	-90,515.02
ebitdaratio	0	0	NaN
operating income	-1916100	-15789	-12,035.66
operating income ratio	0	0	NaN
net income	14783303	-15786	93,748.19
net income ratio	0	0	NaN
eps	552.01	-0.0	138,002,600.00

Overall Score of Annual Income Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to -2 million in 2022 from 0 million in 2021 representing a change of nan%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 2 million in 2022 from 0 million in 2021 representing a change of 12037.97%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -14 million in 2022 from 0 million in 2021 representing a change of -90515.02%. The decrease in EBITDA indicates declined operational efficiency and profitability.

• 📈 Positive Indicators

  Operating Income: Operating income increased to -2 million in 2022 from 0 million in 2021 representing a change of -12035.66%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 15 million in 2022 from 0 million in 2021 representing a change of 93748.19%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 552.01 in 2022 from 552.01 in 2021 representing a change of 138002600.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001845368
revenue	0	0	NaN
gross profit	-1517629	-750159	-102.31
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1517629	750159	102.31
interest income	572490	1748607	-67.26
interest expense	0	0	NaN
ebitda	-1517629	-750160	-102.31
ebitdaratio	0	0	NaN
operating income	-1517629	-750159	-102.31
operating income ratio	0	0	NaN
net income	-945139	1272198	-174.29
net income ratio	0	0	NaN
eps	-0.07	0.06	-211.33

Overall Score of Quarterly Income Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to -2 million in 2023Q3 from -1 million in 2023Q2 representing a change of -102.31%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -2 million in 2023Q3 from -1 million in 2023Q2 representing a change of -102.31%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -2 million in 2023Q3 from -1 million in 2023Q2 representing a change of -102.31%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -1 million in 2023Q3 from 1 million in 2023Q2 representing a change of -174.29%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.07 in 2023Q3 from -0.07 in 2023Q2 representing a change of -211.33%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 2 million in 2023Q3 from 1 million in 2023Q2 representing a change of 102.31%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001845368
total assets	298599516	342022	87,204.18
total liabilities	16956165	332808	4,994.88
total equity	281643351	9214	3,056,589.29
cash and cash equivalents	792423	158	501,433.54
short term investments	297619343	0	NaN
long term investments	297619	0	NaN
total current assets	980173	158	620,262.66
total non current assets	297619343	341864	86,957.82
total current liabilities	1283665	332808	285.71
total non current liabilities	15672500	0	NaN
common stock	297620349	1006	29,584,427.73
retained earnings	-15976998	-15786	-101,109.92
total debt	0	208500	-100.00

Overall Score of Annual Balance Sheet

0.7 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 299 million in 2022 from 0 million in 2021 representing a change of 87204.18%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 282 million in 2022 from 0 million in 2021 representing a change of 3056589.29%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 1 million in 2022 from 0 million in 2021 representing a change of 501433.54%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 298 million in 2022 from 0 million in 2021 representing a change of nan%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 1 million in 2022 from 0 million in 2021 representing a change of 620262.66%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 298 in 2022 from 0 in 2021 representing a change of 29584427.73%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 0 million in 2022 from 0 million in 2021 representing a change of -100.0%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 17 million in 2022 from 0 million in 2021 representing a change of 4994.88%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2022 from 0 million in 2021 representing a change of 285.71%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -16 million in 2022 from 0 million in 2021 representing a change of -101109.92%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001845368
total assets	44847360	43940547	2.06
total liabilities	8729480	6877528	26.93
total equity	36117880	37063019	-2.55
cash and cash equivalents	79103	126741	-37.59
short term investments	44680719	43679931	2.29
long term investments	44680719	43679931	2.29
total current assets	166641	260616	-36.06
total non current assets	44680719	43679931	2.29
total current liabilities	5181980	3330028	55.61
total non current liabilities	3547500	3547500	0.00
common stock	44681725	43680937	2.29
retained earnings	-20391783	-18445856	-10.55
total debt	1256675	428338	193.38

Overall Score of Quarterly Balance Sheet

0.3 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 45 million in 2023Q3 from 44 million in 2023Q2 representing a change of 2.06%. Suggesting a growth in asset holdings.

  Short Term Investments: Short Term Investments increased to 45 million in 2023Q3 from 44 million in 2023Q2 representing a change of 2.29%. This indicates an increase in short-term investment holdings.

  Common Stock: Common Stock increased to 45 in 2023Q3 from 44 in 2023Q2 representing a change of 2.29%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 9 million in 2023Q3 from 7 million in 2023Q2 representing a change of 26.93%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 36 million in 2023Q3 from 37 million in 2023Q2 representing a change of -2.55%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -37.59%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -36.06%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 5 million in 2023Q3 from 3 million in 2023Q2 representing a change of 55.61%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -20 million in 2023Q3 from -18 million in 2023Q2 representing a change of -10.55%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 1 million in 2023Q3 from 0 million in 2023Q2 representing a change of 193.38%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001845368
net change in cash	792265	158	501,333.54
operating cash flow	-890185	-10786	-8,153.15
free cash flow	-890185	-10786	-8,153.15
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	-293250000	0	NaN
debt repayment	0	0	NaN
common stock issued	282500000	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	294932450	11.94	2,470,327,816.91
cash at end of period	792423	158	501,433.54
accounts receivables	0	0	NaN
cash at beginning of period	158	0	NaN

Overall Score of Annual Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 1 million in 2022 from 0 million in 2021 representing a change of 501333.54%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -1 million in 2022 from 0 million in 2021 representing a change of -8153.15%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -1 million in 2022 from 0 million in 2021 representing a change of -8153.15%. This indicates a decrease in cash generated after accounting for capital expenditures.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001845368
operating cash flow	-447637	-340366	-31.52
free cash flow	-447637	-340366	-31.52
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	-428338	258103463	-100.17
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	-258531800	100.00
dividends paid	0	0	NaN
net cash used provided by financing activities	828337	-258103848	100.32
net change in cash	-47638	-340751	86.02
cash at end of period	79103	126741	-37.59
cash at beginning of period	126741	467492	-72.89

Overall Score of Quarterly Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of 86.02%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -31.52%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -31.52%. This indicates a decrease in cash generated after accounting for capital expenditures.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2022-12-31	2021-12-31	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	0	0	NaN
net income per share	552.01	-0.0	135,720,211.54
operating cash flow per share	-33.24	-0.0	-11,960,822.71
free cash flow per share	-33.24	-0.0	-11,960,822.71
cash per share	11142.67	0.0	273,718,205,275.03
book value per share	10516.54	0.0	4,429,922,344.72
tangible book value per share	10516.54	0.0	4,429,922,344.72
shareholders equity per share	10516.54	0.0	4,429,922,344.72
interest debt per share	-1086.24	0.01	-20,220,515.43
market cap	274773.06	384631875	-99.93
enterprise value	-517649.94	384840217	-100.13
pe ratio	0.02	-24365.38	100.00
price to sales ratio	0	0	NaN
pocfratio	-0.31	-35660.29	100.00
pfcf ratio	-0.31	-35660.29	100.00
pb ratio	0.0	41744.29	-100.00
ptb ratio	0.0	41744.29	-100.00
ev to sales	0	0	NaN
enterprise value over ebitda	0.04	-24373.94	100.00
ev to operating cash flow	0.58	-35679.6	100.00
ev to free cash flow	0.58	-35679.6	100.00
earnings yield	53.8	-0.0	131,090,383.17
free cash flow yield	-3.24	-0.0	-11,552,799.03
debt to equity	0	22.63	-100.00
debt to assets	0	0.61	-100.00
net debt to ebitda	0.06	-13.2	100.42
current ratio	0.76	0.0	160,737.64
interest coverage	0.07	0	NaN
income quality	-0.06	0.68	-108.81
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	11428.78	0.0	775,389,845.97
roic	-0.01	-0.07	90.60
return on tangible assets	0.05	-0.05	207.27
graham net net	10509.53	-0.01	122,621,761.33
working capital	-303492	-332650	8.77
tangible asset value	281643351	9214	3,056,589.29
net current asset value	-15975992	-332650	-4,702.64
invested capital	-303492	-332650	8.77
average receivables	0	None	NaN
average payables	0	None	NaN
average inventory	0	None	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0.05	-1.71	103.06
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2022-12-31 from -1.71 on 2021-12-31, representing a change of 103.06%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 0.76 on 2022-12-31 from 0.00 on 2021-12-31, representing a change of 160737.64%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. However, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 0.02 on 2022-12-31 from -24365.38 on 2021-12-31, representing a change of 100.00%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2022-12-31 from 22.63 on 2021-12-31, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2023-09-30 Q3	2023-06-30 Q2	Q/Q change %
HCMAU
calendar year	2023	2023	NaN
revenue per share	0	0	NaN
net income per share	-0.07	0.06	-205.62
operating cash flow per share	-0.03	-0.02	-86.98
free cash flow per share	-0.03	-0.02	-86.98
cash per share	3.17	2.18	45.27
book value per share	2.55	1.84	38.55
tangible book value per share	2.55	1.84	38.55
shareholders equity per share	2.55	1.84	38.55
interest debt per share	0.09	0.02	317.12
market cap	155419546.94	215136607.5	-27.76
enterprise value	156597118.94	215438204.5	-27.31
pe ratio	-41.11	42.28	-197.24
price to sales ratio	0	0	NaN
pocfratio	-347.2	-632.07	45.07
pfcf ratio	-347.2	-632.07	45.07
pb ratio	4.3	5.8	-25.87
ptb ratio	4.3	5.8	-25.87
ev to sales	0	0	NaN
enterprise value over ebitda	-103.19	-287.19	64.07
ev to operating cash flow	-349.83	-632.96	44.73
ev to free cash flow	-349.83	-632.96	44.73
earnings yield	-0.01	0.01	-202.84
free cash flow yield	-0.0	-0.0	-82.05
debt to equity	0.03	0.01	201.06
debt to assets	0.03	0.01	187.45
net debt to ebitda	-0.78	-0.4	-93.00
current ratio	0.03	0.08	-58.91
interest coverage	0	0	NaN
income quality	0.47	-0.27	277.03
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	1.96	1.62	20.97
roic	-0.04	-0.05	14.53
return on tangible assets	-0.02	0.03	-172.79
graham net net	2.55	1.84	38.71
working capital	-5015339	-3069412	-63.40
tangible asset value	36117880	37063019	-2.55
net current asset value	-8562839	-6616912	-29.41
invested capital	-5015339	-3069412	-63.40
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.03	0.03	-176.24
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to -0.03 on 2023-09-30 Q3 from 0.03 on 2023-06-30 Q2, representing a change of -176.24%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -41.11 on 2023-09-30 Q3 from 42.28 on 2023-06-30 Q2, representing a change of -197.24%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.03 on 2023-09-30 Q3 from 0.08 on 2023-06-30 Q2, representing a change of -58.91%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.03 on 2023-09-30 Q3 from 0.01 on 2023-06-30 Q2, representing a change of 201.06%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None