ASPAC III Acquisition Corp. ASPC
Nasdaq · XNAS · stock · Blank Checks
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2/9
Piotroski F — financial health
0.46
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Financials | ||
| Operating income | -$827,300 | -$587,106 |
| Net income | $1.3M | -$226,383 |
| Operating cash flow | -$451,319 | -$473,887 |
| Total assets | $3.9M | $62.1M |
| Total liabilities | $535,955 | $517,334 |
| Shareholders' equity | $419,761 | $3.9M |
| Ratios | ||
| Return on assets | 34.1% | -0.4% |
| Return on equity | 320.2% | -5.9% |
| Current ratio | 1.78 | 3.32 |
Why these scores methodology →
Piotroski F-score: 2/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 0.46 (distress)
- Working capital / assets 0.107
- Retained earnings / assets 0.107
- EBIT / assets -0.21
- Equity / liabilities 0.783
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001890361 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.