Black Spade Acquisition III Co Net Assets
Black Spade Acquisition III Co net assets. Based on the latest financial reports, Black Spade Acquisition III Co (BIII) has net assets worth $167.69 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($174.82 Million) and total liabilities ($7.13 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. Explore BIII operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $167.69 Million |
| % of Total Assets | 95.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of Black Spade Acquisition III Co (2025–2025)
Net assets of Black Spade Acquisition III Co from 2025 to 2025. This chart illustrates how Black Spade Acquisition III Co's net assets have evolved over time, based on quarterly financial data. See BIII net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Black Spade Acquisition III Co (2025–2025)
The table below shows the annual net assets of Black Spade Acquisition III Co from 2025 to 2025. For live market cap and overall valuation, see Black Spade Acquisition III Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-61.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Black Spade Acquisition III Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- No equity composition insights available.
Black Spade Acquisition III Co Net Assets Breakdown (December 2025)
Black Spade Acquisition III Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $25.00K | % |
| Total Equity | $-61.38K | 100.00% |
Black Spade Acquisition III Co Competitors by Market Cap
The table below lists competitors of Black Spade Acquisition III Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nusatrip Incorporated Common Stock
NASDAQ:NUTR
|
$174.41 Million |
|
Imarketkorea
KO:122900
|
$174.42 Million |
|
Terra Santa Propriedades Agrícolas S.A.
SA:LAND3
|
$174.43 Million |
|
Metro Mining Ltd
AU:MMI
|
$174.44 Million |
|
Indomobil Sukses Internasional
JK:IMAS
|
$174.37 Million |
|
BF Utilities Limited
NSE:BFUTILITIE
|
$174.33 Million |
|
Aumann AG
XETRA:AAG
|
$174.31 Million |
|
Shandong Huapeng Glass Co Ltd
SHG:603021
|
$174.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Black Spade Acquisition III Co's equity between the two most recent reporting periods.
Insufficient data available to analyze equity growth attribution.
Book Value vs Market Value Analysis
This analysis compares Black Spade Acquisition III Co'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2025-12-31 | $0.00 | $10.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Spade Acquisition III Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Insufficient data available to analyze capital efficiency metrics.
Industry Comparison
This section compares Black Spade Acquisition III Co's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $187,262,630
- Average return on equity (ROE) among peers: -2.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Black Spade Acquisition III Co (BIII) | $167.69 Million | N/A | 0.04x | $174.40 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $16.83 Million | -1.90% | 0.51x | $257.52 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.95 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.97 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $813.70 Million | -27.34% | 2.19x | $312.83K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.81 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $373.45 Million |
About Black Spade Acquisition III Co
Black Spade Acquisition III Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The company was incorporated in 2025 and is based in Central, Hong Kong.