Rising Dragon Acquisition Corp. (RDACU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RDACU SEC filings page.
This page shows Rising Dragon Acquisition Corp. (RDACU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Positive reported earnings coexist with operating cash outflow and negative equity, making financing structure more informative than operating margins.
In FY2025, net income of$1.6M coincided with operating cash flow of-$660K , so accounting profit did not translate into cash generated by operations. At the same time, liabilities of$46.7M exceeded assets of$44.4M , indicating that the reported profit sits within a balance sheet already carrying negative equity rather than strengthening owners’ capital.
The current ratio of 0.1x shows that current assets of
Cash activity was dominated by non-operating flows: investing cash flow was
Financial Health Signals
Rising Dragon Acquisition Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Rising Dragon Acquisition Corp. used $0.42 of operating cash (-$660K OCF vs $1.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Rising Dragon Acquisition Corp. reported $85K in net income in Q2 2026. This represents a decrease of 78.8% from the same quarter a year earlier. Against the prior quarter it is down 60.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Rising Dragon Acquisition Corp. held $9K in cash as of Q2 2026; long-term debt is not reported 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
Rising Dragon Acquisition Corp. spent $27.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 161343.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
RDACU 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, Operating Income, EBITDA, Interest Expense, Income Tax.
RDACU 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.4M-69.1% | $45.1M-23.8% | $44.4M-24.4% | $60.2M+38175.7% | $59.6M | $59.2M | $58.8M | $157K |
| Current Assets | $55K-47.0% | $79K-74.5% | $37K-91.8% | $6K+5520.0% | $104K | $312K | $456K | $100 |
| Cash & Equivalents | $9K-89.6% | $9K-96.5% | $37K-90.5% | $6K+5520.0% | $83K+83306.0% | $270K | $393K | $100 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $21.6M-64.8% | $47.9M-21.3% | $46.7M-22.5% | $62.1M+33951.6% | $61.4M | $60.8M | $60.2M | $182K |
| Current Liabilities | $1.4M+5662.7% | $930K+4059.1% | $419K+1763.5% | $95K | $24K | $22K | $23K | N/A |
| Non-Current Liabilities | $20.2M-67.0% | $46.9M-22.8% | $46.3M-23.2% | $62.0M | $61.4M | $60.8M | $60.2M | N/A |
| Total Equity | -$3.2M-78.7% | -$2.7M-72.3% | -$2.3M-56.8% | -$2.0M-7655.7% | -$1.8M-12802.8% | -$1.6M | -$1.4M | -$25K |
| Retained Earnings | -$3.2M-78.7% | -$2.7M-72.2% | -$2.3M-56.8% | -$2.0M-3797.5% | -$1.8M | -$1.6M | -$1.4M | -$50K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
RDACU 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$213K-14.1% | -$261K-107.9% | -$204K+26.2% | -$145K-576.9% | -$187K-547.4% | -$125K | -$276K | -$21K |
| Investing Cash Flow | $27.0M | -$283K | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$26.8M | $516K+17876.5% | -$16.1M-127.5% | $67K+213.2% | $0-100.0% | $3K | $58.5M | $21K |
| Share Buybacks | $27.2M | $17K | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
RDACU 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$2.3M), which causes debt-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 (0.09), 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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Rising Dragon Acquisition Corp. RDACU | FY2025 | N/A | $1.6M | N/A | N/A | — |
| Future Vision II Acquisition Corp FVNNU | FY2025 | N/A | $2.1M | N/A | N/A | — |
| Bold Eagle Acquisition Corp BEAGU | FY2025 | N/A | $9.8M | N/A | N/A | — |
| Cayson Acquisition Corp CAPNU | FY2025 | $4.9M | $3.0M | 62.0% | N/A | 24/100 |
| Winvest Acquisition Corp WINVU | FY2025 | N/A | -$1.4M | N/A | N/A | — |
| Aldel Financial II ALDFU | FY2025 | N/A | $9.2M | N/A | N/A | — |
Where Rising Dragon Acquisition Corp. Ranks
Frequently Asked Questions
Is Rising Dragon Acquisition Corp. profitable?
Yes, Rising Dragon Acquisition Corp. (RDACU) reported a net income of $1.6M in fiscal year 2025.
What is Rising Dragon Acquisition Corp.'s operating cash flow?
Rising Dragon Acquisition Corp. (RDACU) recorded an outflow of $660K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Rising Dragon Acquisition Corp.'s total assets?
Rising Dragon Acquisition Corp. (RDACU) had $44.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Rising Dragon Acquisition Corp.'s current ratio?
Rising Dragon Acquisition Corp. (RDACU) had a current ratio of 0.09 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Rising Dragon Acquisition Corp.'s return on assets (ROA)?
Rising Dragon Acquisition Corp. (RDACU) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Rising Dragon Acquisition Corp.'s debt-to-equity ratio negative or not reported?
Rising Dragon Acquisition Corp. (RDACU) has negative shareholder equity of -$2.3M as of fiscal year 2025, so no debt-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.
Are Rising Dragon Acquisition Corp.'s earnings high quality?
For every $1 of reported earnings, Rising Dragon Acquisition Corp. (RDACU) used $0.42 of operating cash (-$660K OCF vs $1.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.