Bowen Acquisition Rights (BOWNR) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Oct 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BOWNR SEC filings page.
This page shows Bowen Acquisition Corp Rights (BOWNR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported numbers describe a shrinking acquisition vehicle, not an operating business, with liabilities now exceeding assets and equity negative.
Between FY2024 and FY2025, total assets contracted 89.6% while total liabilities contracted 86.6%, so obligations did not shrink as quickly as the asset base. That imbalance left equity at-$2.37M in FY2025, versus-$799K previously, indicating balance-sheet deterioration despite the smaller vehicle.
Net income swung from a FY2024 profit of
The current ratio fell from 0.2x to 0.1x across the two years, indicating weaker short-term coverage as the vehicle contracted. Interest expense rose from
Financial Health Signals
We do not publish a peer-relative financial health score for Bowen Acquisition Corp Rights, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Bowen Acquisition Corp Rights passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Bowen Acquisition Corp Rights reported a net loss of $1.6M while operations used $91K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Bowen Acquisition Corp Rights reported an operating loss of $352K against $122K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Bowen Acquisition Corp Rights reported $1.1M in net income in Q2 2026. This represents an increase of 45.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Bowen Acquisition Corp Rights held $4K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
BOWNR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BOWNR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4M-72.3% | $8.0M-17.3% | $7.9M-89.6% | $8.4M-88.7% | $8.5M-88.4% | $9.6M-86.8% | $76.0M+5.7% | $74.5M+4.9% |
| Current Assets | $171K-14.2% | $213K-14.1% | $260K+2.4% | $190K-36.0% | $199K-44.7% | $248K-41.0% | $254K-49.8% | $297K-52.2% |
| Cash & Equivalents | $4K-76.7% | $7K-76.5% | $12K-88.2% | $18K-93.5% | $18K-93.6% | $30K-91.1% | $104K-75.7% | $272K-45.8% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $3.8M-63.7% | $10.4M-14.8% | $10.3M-86.6% | $10.8M-85.5% | $10.5M-85.8% | $12.2M-83.1% | $76.8M+7.4% | $74.5M+5.6% |
| Current Liabilities | $1.6M-25.2% | $2.7M-6.2% | $2.6M+149.8% | $2.6M+818.0% | $2.1M+872.8% | $2.8M+1732.4% | $1.1M+914.0% | $284K+214.7% |
| Non-Current Liabilities | $2.2M-73.7% | $7.7M-17.4% | $7.7M-89.9% | $8.2M-88.9% | $8.3M-88.7% | $9.4M-87.0% | $75.8M+6.1% | $74.2M+5.4% |
| Total Equity | -$1.4Mn/m | -$2.5Mn/m | -$2.4Mn/m | -$2.4M-18876.1% | -$1.9M-1481.6% | -$2.6M-1079.8% | -$799K-298.5% | $13K-97.6% |
| Retained Earnings | -$1.4Mn/m | -$2.5Mn/m | -$2.4Mn/m | -$2.5M-19724.9% | -$2.1M-1591.3% | -$2.8M-1170.7% | -$799K-298.7% | $13K-97.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
BOWNR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
BOWNR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6408.6%+6300.7pp |
| Return on Assets | 46.2%+37.4pp | -0.3%+21.0pp | 1.6%+0.9pp | -4.7%-5.8pp | 8.8%+7.7pp | -21.2%-22.3pp | 0.7% | 1.1%+0.3pp |
| Current Ratio | 0.110.0x | 0.080.0x | 0.10-0.1x | 0.07-1.0x | 0.09-1.5x | 0.09-2.6x | 0.24-4.6x | 1.05-5.8x |
| Liabilities-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5786.29+5653.6x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$2.4M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.10), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Bowen Acquisition Corp Rights BOWNR | FY2025 | N/A | -$1.6M | N/A | N/A | — |
| Aimei Health Technology Co., Ltd AFJK | FY2025 | N/A | $1.1M | N/A | $38.6M | — |
| Cayson Acquisition Corp Unit CAPNU | FY2025 | $4.9M | $3.0M | 62.0% | N/A | 36/100 |
| RF Acquisition Corp II RFAI | FY2025 | N/A | $3.4M | N/A | $287.8M | — |
| Cayson Acquisition Corp CAPN | FY2025 | $4.9M | $3.0M | 62.0% | $60.6M | 36/100 |
Where Bowen Acquisition Corp Rights Ranks
Frequently Asked Questions
Yes, Bowen Acquisition Corp Rights (BOWNR) reported a net income of $801K over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $1.6M.
Bowen Acquisition Corp Rights (BOWNR) recorded an outflow of $91K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Bowen Acquisition Corp Rights (BOWNR) had $7.9M in total assets as of fiscal year 2025, including both current and long-term assets.
Bowen Acquisition Corp Rights (BOWNR) had a current ratio of 0.10 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Bowen Acquisition Corp Rights (BOWNR) had a return on assets of -19.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, Bowen Acquisition Corp Rights (BOWNR) held $12K in cash, cash equivalents and investments, and reported an operating cash outflow of $91K over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Bowen Acquisition Corp Rights (BOWNR) has negative shareholder equity of -$2.4M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Bowen Acquisition Corp Rights (BOWNR) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Bowen Acquisition Corp Rights (BOWNR) reported a net loss of $1.6M while operations used $91K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Bowen Acquisition Corp Rights (BOWNR) reported an operating loss of $352K against $122K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.