Blue Water Acquisition Corp. III Class A Ordinary Shares (BLUW) - Net Assets
Based on the latest financial reports, Blue Water Acquisition Corp. III Class A Ordinary Shares (BLUW) has net assets worth $253.89 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($263.49 Million) and total liabilities ($9.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See BLUW net asset quality score to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $253.89 Million |
| % of Total Assets | 96.36% |
| Annual Growth Rate | 44.02% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Blue Water Acquisition Corp. III Class A Ordinary Shares - Net Assets Trend (2020–2025)
This chart illustrates how Blue Water Acquisition Corp. III Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Blue Water Acquisition Corp. III Class A market cap and net worth.
Annual Net Assets for Blue Water Acquisition Corp. III Class A Ordinary Shares (2020–2025)
The table below shows the annual net assets of Blue Water Acquisition Corp. III Class A Ordinary Shares from 2020 to 2025. Also explore net asset momentum of Blue Water Acquisition Corp. III Class A to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $249.87 Million | +1061506.98% |
| 2024-12-31 | $-23.54K | -100.06% |
| 2020-12-31 | $40.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Water Acquisition Corp. III Class A Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 421342500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $258.80 Million | 103.57% |
| Total Equity | $249.87 Million | 100.00% |
Blue Water Acquisition Corp. III Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Blue Water Acquisition Corp. III Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
$269.36 Million |
|
Frequency Electronics Inc
NASDAQ:FEIM
|
$269.37 Million |
|
Artius II Acquisition Inc. Units
NASDAQ:AACBU
|
$269.37 Million |
|
Boilermech Holdings Bhd
KLSE:0168
|
$269.39 Million |
|
SC Asset Corporation Public Company Limited
BK:SC
|
$269.30 Million |
|
Xperi Corp
NYSE:XPER
|
$269.22 Million |
|
NN Inc
NASDAQ:NNBR
|
$269.21 Million |
|
First of Long Island Corp
NASDAQ:FLIC
|
$269.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Water Acquisition Corp. III Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -23,541 to 249,865,818, a change of 249,889,359.
- Net income of 4,667,721 contributed positively to equity growth.
- Dividend payments of 188,273 reduced retained earnings.
- New share issuances of 259,842,360 increased equity.
- Other factors decreased equity by 14,432,449.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.67 Million | +1.87% |
| Dividends Paid | $188.27K | -0.08% |
| Share Issuances | $259.84 Million | +103.99% |
| Other Changes | $-14.43 Million | -5.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Blue Water Acquisition Corp. III Class A Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2024-12-31 | $0.00 | $10.37 | x |
| 2025-12-31 | $12.17 | $10.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Water Acquisition Corp. III Class A Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (1.87%) is above the historical average (0.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.19K |
| 2025 | 1.87% | 0.00% | 0.00x | 1.04x | $-20.32 Million |
Industry Comparison
This section compares Blue Water Acquisition Corp. III Class A Ordinary Shares's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $137,976,738
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Water Acquisition Corp. III Class A Ordinary Shares (BLUW) | $253.89 Million | 0.00% | 0.04x | $269.31 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $150.91 Million | -0.31% | 0.00x | $256.50 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.71 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.44 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $457.80 Million | 1.29% | 11.31x | $399.13K |
| Altenergy Acquisition Corp (AEAE) | $4.84 Million | 51.14% | 2.71x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.34 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $387.32 Million |
About Blue Water Acquisition Corp. III Class A Ordinary Shares
Blue Water Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to target businesses in the artificial intelligence, biotechnology, healthcare, and technology sectors. Blue Water Acquisition… Read more