Horizon Space Acquisition I Corp. Ordinary Shares

Horizon Space Acquisition I Corp. Ordinary Shares

HSPO·NASDAQ

$12.11

-20%
Financial ServicesShell Companies

Horizon Space Acquisition I Corp. focuses on effecting into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$50.48M
EPS0.3400
P/E Ratio34.22
Earnings Date06/30/2023

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 34.2).

Valuation inputs: P/E 34.2, earnings yield +2.9%, momentum -20.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +15.7%, ROIC -5.0%).

Profitability stack: net margin 0.0%, ROE +15.7%, ROIC -5.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +20.6%, momentum -20.3%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

hspo

Horizon Space Acquisition I Corp. Ordinary Shares Market vs Earnings Trajectory

HSPO · NASDAQ

Loading price and EPS data...

Horizon Space Acquisition I Corp. Ordinary Shares

Horizon Space Acquisition I Corp. Ordinary Shares Fair Value Envelope

HSPO · NASDAQ

Our analysis suggests that HSPO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $12.11, this represents a potential HIDDEN relative to our calculated worth for Horizon Space Acquisition I Corp. Ordinary Shares.

Intrinsic Value
Current Price: $12.11
3Y-554.0%
5Y-554.0%
10Y-554.0%

No Revenue Data

HSPO has not reported any revenue values in the available annual periods.

3Y-2240.0%
5Y-2240.0%
10Y-2240.0%
3Y+540.0%
5Y+540.0%
10Y+540.0%
3Y+540.0%
5Y+540.0%
10Y+540.0%
3Y-70.0%
5Y-70.0%
10Y-70.0%
Horizon Space Acquisition I Corp. Ordinary Shares

Horizon Space Acquisition I Corp. Ordinary Shares Profit Bridge

HSPO · NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (1.06M)
Operating Income-1.06M
Interest Expense (0.00)
Other Income/Expense3.17M
Pretax Income2.11M
Income Tax (0.00)
Net Income2.65M
Net Income
2.65M

Profitability Analysis

No Gross Profit Margin Data

HSPO has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

HSPO has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

HSPO has not reported any net profit margin values in the available annual periods.

15.67%
Return on Equity
252%
3Y-8752.0%
5Y-8752.0%
10Y-8752.0%
12.44%
Return on Assets
192%
3Y-7216.0%
5Y-7216.0%
10Y-7216.0%
-5.01%
Return on Invested Capital
510%
3Y+2494.0%
5Y+2494.0%
10Y+2494.0%
HSPO

Horizon Space Acquisition I Corp. Ordinary Shares Cash Conversion Engine

HSPO · NASDAQ
Net Income2.11M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital83.73K
Others-3.17M
Capital Expenditures-4.00
Free Cash Flow-975.47K

Cash Flow Quality Analysis

FCF Conversion Rate

-46.2%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-0.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-158.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$83.73K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

hspo

Horizon Space Acquisition I Corp. Ordinary Shares Funding & Solvency Profile

HSPO · NASDAQ
Cash & Cash Equivalents7.68K
Net Receivables0.00
Inventory0.00
Other Current Assets21.25K
Total Current Assets29 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments23.09M
Other Non-Current Assets0.00
Total Non-Current Assets23 M
Total Assets
23.12M

Financial Health Analysis

Current Ratio

0.01x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.34x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-3448729

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

hspo

Horizon Space Acquisition I Corp. Ordinary Shares Street Expectations Map

HSPO · NASDAQ

No Target Data

No analyst price targets available for hspo.

hspo

Horizon Space Acquisition I Corp. Ordinary Shares Insider Positioning

HSPO · NASDAQ

During the last 12 months, there has been no insider trading activity reported for HSPO.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

1.03%
Dividend Yield
3Y-
5Y-
10Y-
 

hspo Dividend History

HSPO
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%