HH&L Acquisition Co.
Healthcare · Services-Medical Laboratories · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$4.5M | −$1.8M | −$12,681 |
| Net income | $17.7M | $1.3M | −$12,681 |
| Total assets | $420.2M | $414.8M | $463,162 |
| Total liabilities | $12.5M | $33.2M | $450,843 |
| Equity | −$12.3M | −$32.4M | $12,319 |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −143.6%
- Return on assets
- 4.2%
- Return on capital (ROCE)
- −1.1%
- Liabilities / assets
- 3.0%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 1239.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -1.28distress
- Accruals / assets
- 4.4%clean
- Piotroski F-Score
- 3/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 17, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- K2 Principal Fund, L.P.Passive (13G)Feb 11, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Highbridge Capital Management Llc10% owner | Jan 10, 2024 | Sell | 250,000 | $10.75 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Other material eventFeb 7, 2024
- Entered a material agreement · New financial obligationAug 29, 2023
- Amended charter or bylaws · Shareholder voteAug 10, 2023
- Entered a material agreementAug 9, 2023
- Entered a material agreementAug 3, 2023
- Terminated a material agreementJun 30, 2023
- Entered a material agreement · New financial obligation · Unregistered equity saleJun 8, 2023
- Other material eventMay 10, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SCHEDULE 13G/AFeb 11, 2025
- SC 13G/ANov 14, 2024
- SC 13G/ANov 12, 2024
- SC 13G/AOct 18, 2024
- 25-NSEFeb 23, 2024
- SC 13GFeb 14, 2024
- SC 13GFeb 13, 2024
- SC 13G/AFeb 12, 2024
- SC 13GFeb 9, 2024
- SC 13GFeb 9, 2024
- SC 13G/AFILING HH&L ACQUISITION CO.Feb 8, 2024
- SC 13G/AHH&L ACQUISITION CO.Feb 7, 2024
- 8-KFORM 8-KFeb 7, 2024
- SC 13GFILING HH&L ACQUISITION CO.Feb 6, 2024
- SC 13GJan 31, 2024
Event-driven situations (1)
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