BIII (Black Spade Acquisition III Co) Scaled Net Operating Assets: (As of Dec. 2025)

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BIII Black Spade Acquisition III Co BIII
8 GF Score
Price $9.95
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What is Black Spade Acquisition III Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Black Spade Acquisition III Co's operating assets for the quarter that ended in Dec. 2025 was $ Mil. Black Spade Acquisition III Co's operating liabilities for the quarter that ended in Dec. 2025 was $ Mil. Black Spade Acquisition III Co's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Black Spade Acquisition III Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was .

Black Spade Acquisition III Co Scaled Net Operating Assets Historical Data

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The historical data trend for Black Spade Acquisition III Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Spade Acquisition III Co Scaled Net Operating Assets Chart

Black Spade Acquisition III Co Annual Data
Trend Dec25
Scaled Net Operating Assets
-0.88

Black Spade Acquisition III Co Semi-Annual Data
Dec25
Scaled Net Operating Assets -0.88

BIII vs SVCC, TVIV, IRAB: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Black Spade Acquisition III Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Black Spade Acquisition III Co Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Spade Acquisition III Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Black Spade Acquisition III Co's Scaled Net Operating Assets falls into.


BIII
8GF Score
Black Spade Acquisition III Co BIII
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Spade Acquisition III Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Black Spade Acquisition III Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Black Spade Acquisition III Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Spade Acquisition III Co Business Description

Address 60 Wyndham Street, Suite 2902, 29th Floor, The Centrium, Central, Hong Kong, HKG
Black Spade Acquisition III Co is a blank check company.
8GF Score

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