Black Spade Acquisition Co's ROA from the second quarter of 2023 to the second quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Black Spade Acquisition Co's ROA in the second quarter of 2023?
Black Spade Acquisition Co achieved a return on average assets (ROA) of 2.24 % in its second quarter of 2023, which is below Black Spade Acquisition Co's average return on assets, which stands at 4.55%.

ROA decreased relative to the period ending Mar 31 2023, due to the decline in net income.

However, within the Financial sector 323 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2023 from 1707 to 1923.

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Return On Assets	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Y / Y Total Assets Change	3.42 %	2.19 %	0.25 %	-0.61 %	24757.35 %
Y / Y Net Income Change	-	-86.43 %	-	-85.02 %	-
Net Income (TTM) in million	4	5	12	6	9
Return On Assets (TTM)	2.24 %	3.17 %	7.07 %	3.6 %	5.28 %
BSAQ's Total Ranking	# 1923	# 1707	# 1217	# 1783	# 1471
Total Assets (TTM) in million	175	173	171	170	169
Seq. Total Assets Change	0.91 %	1.28 %	0.7 %	0.48 %	-0.3 %
Seq. Net Income Change	-	-59.15 %	400.71 %	-62.81 %	-82.17 %

BSAQ's 5 Years Annual ROA >> Back to BSAQ Management Effectiveness >> Compare BSAQ ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 93
Sector	# 324
Overall	# 1893

Return On Assets Statistics
High	Average	Low
7.06 %	4.55 %	2.24 %
(Dec 31 2022)		(Jun 30 2023)

Financial Statements
Black Spade Acquisition Co's Assets	$ 175 million	BSAQ's Balance sheet
Black Spade Acquisition Co's Income	$ 0 million	Quarterly BSAQ's Income Statement
BSAQ's Income by Division		See BSAQ's Income by Division

Annual Return On Assets	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	FY	FY	FY
Y / Y Total Assets Change	0.25 %	-	-	-	-
Total Assets in million	171	171	0	0	0
Y / Y Net Income Change	-	-	-	-	-
Net Income in million	12	-4	0	0	0
Annual Return On Assets	7.02 %	-2.09 %	-	-	-

BSAQ's 5 Years Annual ROA >> Back to BSAQ Management Effectiveness >> Compare BSAQ ROA to its Competitors

Comment on BSAQ's ROA in the fiscal year ending 2022

In the fiscal year 2022 ROA improved to 7.02 % compared to prior year, due to annual net income growth of % to $12.02 million, while value of Black Spade Acquisition Co's overall assets grew just by 0.25 % to $171.29 million, compared to $171.29 a year before.

More Return On Assets Ratios
BSAQ's' Return on Assets at Yahoo Finance
Blank Checks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
BSAQ's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for BSAQ's Competitors
Subscribers only: Roa for Black Spade Acquisition Co's Suppliers
Subscribers only: Return On Assets for BSAQ's Customers

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Companies with similar Return On Assets at Jun 30 2023, within Financial Sector	ROA
Avalonbay Communities inc	6.13 %
Tradeweb Markets Inc	6.12 %
Israel Acquisitions Corp	6.12 %
Swk Holdings Corporation	6.09 %
Netcapital Inc	6.01 %
Elevance Health Inc	5.96 %
Landcadia Holdings Iv inc	5.73 %
Ryman Hospitality Properties inc	5.64 %
NewLake Capital Partners, Inc.	5.61 %
U S Global Investors Inc	5.55 %
Vici Properties Inc	5.49 %
Equity Lifestyle Properties Inc	5.45 %
Mid america Apartment Communities Inc	5.42 %
Enova International Inc	5.36 %
Brown and Brown Inc	5.32 %
Euronet Worldwide Inc	5.30 %
Cartesian Growth Corporation Ii	5.26 %
Sprott Esg Gold Etf	5.23 %
Blackstone Inc	5.23 %
Crescera Capital Acquisition Corp	5.21 %
Rose Hill Acquisition Corporation	5.19 %
New Providence Acquisition Corp Ii	5.13 %
Chain Bridge I	5.11 %
Focus Impact Bh3 Acquisition Company	5.04 %
Amerisafe Inc	4.99 %
Nasdaq Inc	4.88 %
Sba Communications Corporation	4.85 %
Federal Realty Investment Trust	4.81 %
Jaws Mustang Acquisition Corporation	4.78 %
Strawberry Fields Reit Inc	4.77 %

Date modified: 2023-08-15T10:29:54+00:00

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