ASPAC III Acquisition Corp. ASPC NASDAQ

NASDAQ Capital Marke • Financial Services • Shell Companies • HK • USD

SharesGrow Score

48/100

2/6 Pass

SharesGrow Intrinsic Value

$6.55

-43.2%

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

ASPAC III Acquisition Corp. (ASPC) generated $-191.28K in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $0.00, free cash flow was $-191.28K.

Cash conversion ratio was -2.72x, suggesting some earnings are non-cash.

Criteria supported by this page:

HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
MOAT (28/100, Fail) — limited free cash flow weakens the competitive position
INCOME (?/100) — Cash conversion ratio was -2.72x suggests some earnings are non-cash items

Overall SharesGrow Score: 47/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

48/100

SG Score

View full scorecard →

✗

VALUE

15/100

Price-to-Earnings & upside

→ Valuation

✗

FUTURE

20/100

Analyst consensus

→ Forecast

✗

PAST

25/100

→ Income

✓

HEALTH

100/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

28/100

Proven by this page

✓

GROWTH

100/100

→ Income

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INCOME

N/A

No coverage

ASPAC III Acquisition Corp. Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$-451.32K	$-191.28K	$-5.88K	$-51.1K	$-203.06K
Capital Expenditure	$0.00	$0.00	$0.00	$0.00	$0.00
Free Cash Flow	$-451.32K	$-191.28K	$-5.88K	$-51.1K	$-203.06K