Top Standard（8510）株式概要投資持株会社のトップ・スタンダード・コーポレーションは、香港、シンガポール、マレーシアでレストランやバーを経営している。 詳細8510 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6報酬過去5年間の収益は年間35%増加しました。 リスク分析マイナスの株主資本 意味のある時価総額がありません ( HK$50M )Hong Kong市場と比較した過去 3 か月間の株価の変動過去1年間で株主の希薄化が進んだ +1 さらなるリスクすべてのリスクチェックを見る8510 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW497,212 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG497,212 investors already sharing narrativesYour Fair ValueHK$Current PriceHK$0.21110.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-35m128m2016201920222025202620282031Revenue HK$66.4mEarnings HK$5.0mAdvancedSet Fair ValueView all narrativesTop Standard Corporation 競合他社THAC Group (Holdings)Symbol: SEHK:8232Market cap: HK$47.4mMS ConceptSymbol: SEHK:8447Market cap: HK$53.0mBar Pacific Group HoldingsSymbol: SEHK:8432Market cap: HK$33.4mFuture Bright HoldingsSymbol: SEHK:703Market cap: HK$84.0m価格と性能株価の高値、安値、推移の概要Top Standard過去の株価現在の株価HK$0.2152週高値HK$0.2552週安値HK$0.071ベータ0.691ヶ月の変化-0.94%3ヶ月変化31.25%1年変化162.50%3年間の変化-61.11%5年間の変化-75.86%IPOからの変化-93.64%最新ニュースお知らせ • Jun 09Top Standard Corporation, Annual General Meeting, Jun 30, 2026Top Standard Corporation, Annual General Meeting, Jun 30, 2026, at 15:00 China Standard Time. Location: suite 707, 7/f., 12 taikoo wan road, taikoo, Hong Kongお知らせ • Jun 02Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Transaction Features: Subsequent Direct ListingNew Risk • May 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$19m). Market cap is less than US$10m (HK$52.6m market cap, or US$6.71m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).Reported Earnings • Apr 02Full year 2025 earnings released: HK$0.005 loss per share (vs HK$0.057 loss in FY 2024)Full year 2025 results: HK$0.005 loss per share (improved from HK$0.057 loss in FY 2024). Revenue: HK$21.5m (up 50% from FY 2024). Net loss: HK$1.01m (loss narrowed 90% from FY 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2025 Results on Mar 31, 2026Top Standard Corporation announced that they will report fiscal year 2025 results on Mar 31, 2026New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$21m). Market cap is less than US$10m (HK$38.2m market cap, or US$4.88m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).最新情報をもっと見るRecent updatesお知らせ • Jun 09Top Standard Corporation, Annual General Meeting, Jun 30, 2026Top Standard Corporation, Annual General Meeting, Jun 30, 2026, at 15:00 China Standard Time. Location: suite 707, 7/f., 12 taikoo wan road, taikoo, Hong Kongお知らせ • Jun 02Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Transaction Features: Subsequent Direct ListingNew Risk • May 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$19m). Market cap is less than US$10m (HK$52.6m market cap, or US$6.71m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).Reported Earnings • Apr 02Full year 2025 earnings released: HK$0.005 loss per share (vs HK$0.057 loss in FY 2024)Full year 2025 results: HK$0.005 loss per share (improved from HK$0.057 loss in FY 2024). Revenue: HK$21.5m (up 50% from FY 2024). Net loss: HK$1.01m (loss narrowed 90% from FY 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2025 Results on Mar 31, 2026Top Standard Corporation announced that they will report fiscal year 2025 results on Mar 31, 2026New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$21m). Market cap is less than US$10m (HK$38.2m market cap, or US$4.88m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).New Risk • Dec 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-HK$21m). Market cap is less than US$10m (HK$41.8m market cap, or US$5.37m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).お知らせ • Dec 07Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct Listingお知らせ • Nov 12Top Standard Corporation has withdrawn its Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has withdrawn its Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1New Risk • Oct 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-HK$21m). Market cap is less than US$10m (HK$33.4m market cap, or US$4.30m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).お知らせ • Oct 22Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct ListingReported Earnings • Sep 02First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.019 loss in 1H 2024)First half 2025 results: HK$0.003 loss per share (improved from HK$0.019 loss in 1H 2024). Revenue: HK$10.6m (up 100% from 1H 2024). Net loss: HK$558.0k (loss narrowed 82% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Aug 19Top Standard Corporation to Report First Half, 2025 Results on Aug 29, 2025Top Standard Corporation announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 17Top Standard Corporation, Annual General Meeting, Jun 09, 2025Top Standard Corporation, Annual General Meeting, Jun 09, 2025, at 11:00 China Standard Time. Location: 21/f., grand millennium plaza, 181 queen`s road central, sheung wan, Hong KongNew Risk • Apr 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$20m). Market cap is less than US$10m (HK$22.3m market cap, or US$2.87m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$15m revenue, or US$1.9m).Reported Earnings • Mar 28Full year 2024 earnings released: HK$0.057 loss per share (vs HK$0.043 profit in FY 2023)Full year 2024 results: HK$0.057 loss per share (down from HK$0.043 profit in FY 2023). Revenue: HK$15.0m (up 65% from FY 2023). Net loss: HK$9.80m (down 263% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$12m). Market cap is less than US$10m (HK$20.3m market cap, or US$2.61m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m).お知らせ • Mar 14Top Standard Corporation to Report Fiscal Year 2024 Results on Mar 26, 2025Top Standard Corporation announced that they will report fiscal year 2024 results on Mar 26, 2025New Risk • Mar 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$12m). Market cap is less than US$10m (HK$23.3m market cap, or US$3.00m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m).お知らせ • Oct 26Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.31776 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.31776 million. Security Name: Shares Security Type: Common Stock Securities Offered: 33,177,600 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct Listingお知らせ • Sep 16Top Standard Corporation Announces Board and Committee ChangesThe board of directors of Top Standard Corporation announced that with effect from 16 September 2024: Mr. Yip Ki Chi, Luke has resigned as an independent non-executive Director, a member of each of the audit and risk management committee, the nomination committee and the remuneration committee of the Company due to his intention to devote more time on his personal or other business development. Mr. Wong Ching Wan has resigned as an independent non-executive Director, the chairman of Audit and Risk Management Committee and member of each of the Nomination Committee and the Remuneration Committee due to his intention to devote more time on his personal or other business development. The Board announced that with effect from 16 September 2024: Ms. Ding Weiyu, has been appointed as an independent non-executive Director, a member of each of the Audit and Risk Management Committee, the Nomination Committee and the Remuneration Committee. Mr. Lynch Stephen Joseph Chor, has been appointed as an independent non- executive Director, a member of each of the Audit and Risk Management Committee, the Nomination Committee and the Remuneration Committee. Mr. Tang Chiu Ming, Jeremy, currently an independent non-executive director and chairman of the Remuneration Committee and member of each of the Audit and Risk Management Committee and Nomination Committee, has been redesignated as the chairman of Audit and Risk Management Committee. Ms. Ding, aged 26. Ms. Ding graduated from The University of Sydney, Australia, with a bachelor's degree in commerce (double majors in finance and business information systems) in July 2020. She also obtained a master's degree of science in finance from the University of Manchester in November 2021. From December 2021 to August 2022, she served as a consulting analyst in China Insights Consultancy, where she was principally responsible for data analysis. Currently, she served as consultants in Euromonitor International Limited. Pursuant to the letter of appointment entered into between Ms. Ding and the Company, Ms. Ding is appointed as an independent non-executive director for a term of two years with effect from 16 September 2024 subject to early termination in accordance with the terms of the Ding's Service Agreement. Ms. Ding is also subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and Rules Governing the Listing of Securities on the GEM of the Stock Exchange. Mr. Lynch, aged 43, has extensive experience in business management and customer development. He is the co-founder and served as chief executive officer of Inbase Partners Limited since 2018, where he is principally responsible for strategic planning and business direction and building customer relations. He also served as a business development consultant of Spark Co. Limited a company located in Taipei, since 2018, where he is primarily responsible for new business development and business cooperation maintenance. From 2009 to 2018, he worked as management in various small and medium sized companies and was primarily responsible for business strategy planning. Mr. Lynch obtained his high school diploma in 1997 from Christian Light Education in Virginia, USA. He also completed Blockchain Strategy Programme in Saïd Business School, University of Oxford in 2018. Pursuant to the letter of appointment entered into between Mr. Lynch and the Company, Mr. Lynch is appointed as an independent non-executive director for a term of two years with effect from 16 September 2024 subject to early termination in accordance with the terms of the Lynch 's Service Agreement. Mr. Lynch is also subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and GEM Listing Rules.お知らせ • Aug 20Top Standard Corporation to Report Q2, 2024 Results on Aug 30, 2024Top Standard Corporation announced that they will report Q2, 2024 results on Aug 30, 2024お知らせ • May 23Top Standard Corporation, Annual General Meeting, Jun 21, 2024Top Standard Corporation, Annual General Meeting, Jun 21, 2024, at 11:00 China Standard Time. Location: unit 3c, 3/f., yue xiu industrial building, 87 hung to road, kwun tong, kowloon Hong KongNew Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$8.3m). Market cap is less than US$10m (HK$18.1m market cap, or US$2.31m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$9.1m revenue, or US$1.2m).Reported Earnings • Apr 03Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.054 loss in FY 2022)Full year 2023 results: EPS: HK$0.004 (up from HK$0.054 loss in FY 2022). Revenue: HK$9.96m (down 26% from FY 2022). Net income: HK$6.01m (up HK$13.5m from FY 2022). Profit margin: 60% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2023 Results on Mar 28, 2024Top Standard Corporation announced that they will report fiscal year 2023 results on Mar 28, 2024Board Change • Feb 22Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Executive Director Lawrence Ying was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$36.5m market cap, or US$4.67m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$15m revenue, or US$1.9m).お知らせ • Dec 20Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 3.59424 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 3.59424 million. Security Name: Shares Security Type: Common Stock Securities Offered: 276,480,000 Price\Range: HKD 0.013 Discount Per Security: HKD 0.000325 Transaction Features: Subsequent Direct ListingReported Earnings • Nov 16Third quarter 2023 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 3Q 2022)Third quarter 2023 results: HK$0.001 loss per share (in line with 3Q 2022). Revenue: HK$2.12m (down 51% from 3Q 2022). Net loss: HK$1.55m (loss widened 30% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.お知らせ • Nov 04Top Standard Corporation to Report Q3, 2023 Results on Nov 14, 2023Top Standard Corporation announced that they will report Q3, 2023 results on Nov 14, 2023New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$1.6m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$45.6m market cap, or US$5.83m). Minor Risk Revenue is less than US$5m (HK$17m revenue, or US$2.2m).Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Executive Director Lawrence Ying was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$1.6m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$74.6m market cap, or US$9.53m). Minor Risk Revenue is less than US$5m (HK$17m revenue, or US$2.2m).Reported Earnings • Aug 16Second quarter 2023 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 2Q 2022)Second quarter 2023 results: HK$0.001 loss per share (in line with 2Q 2022). Revenue: HK$2.42m (up 5.5% from 2Q 2022). Net loss: HK$1.25m (loss narrowed 39% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Aug 03Top Standard Corporation to Report Q1, 2024 Results on Aug 14, 2023Top Standard Corporation announced that they will report Q1, 2024 results on Aug 14, 2023お知らせ • May 30Top Standard Corporation, Annual General Meeting, Jun 30, 2023Top Standard Corporation, Annual General Meeting, Jun 30, 2023, at 11:00 China Standard Time. Location: 17/F, L Place, 139 Queen's Road Central Central Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and the independent auditor of the Company for the year ended 31 December 2022; to re-elect Mr. Ying Kan Man as an executive Director; to re-elect Mr. Tang Chiu Ming, Jeremy as an independent non-executive Director; to authorise the board of Directors to fix the respective Directors' remuneration; to re-appoint D & PARTNERS CPA LIMITED as the Independent Auditor to hold office until the conclusion of the next annual general meeting and authorise the Board to fix its remuneration; and to consider other matters.分析記事 • May 24Calculating The Fair Value Of Top Standard Corporation (HKG:8510)Key Insights Top Standard's estimated fair value is HK$0.053 based on 2 Stage Free Cash Flow to Equity Top Standard's...Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Chuk Stanley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 03Top Standard Corporation to Report Nine Months, 2022 Results on Nov 14, 2022Top Standard Corporation announced that they will report nine months, 2022 results on Nov 14, 2022お知らせ • Aug 03Top Standard Corporation to Report First Half, 2022 Results on Aug 12, 2022Top Standard Corporation announced that they will report first half, 2022 results on Aug 12, 2022お知らせ • May 24Top Standard Corporation, Annual General Meeting, Jun 24, 2022Top Standard Corporation, Annual General Meeting, Jun 24, 2022, at 14:30 China Standard Time. Location: 17/F., L Place, 139 Queen's Road Central Central Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and independent auditors of the Company for the year ended 31 December 2021; to re-elect Mr. Chuk Stanley as an executive Director; to re-elect Mr. Wong Ching Wan as an independent non-executive Director; to authorise the board of Directors to fix the respective Directors' remuneration; to re-appoint D & PARTNERS CPA LIMITED as independent auditor of the Company and to authorise the Board to fix its remuneration; and to transact other business.Reported Earnings • May 15First quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0 in 1Q 2021)First quarter 2022 results: HK$0.001 loss per share (down from HK$0 in 1Q 2021). Revenue: HK$773.0k (down 91% from 1Q 2021). Net loss: HK$844.0k (loss widened 230% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Chuk Stanley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: HK$0.009 loss per share (vs HK$0.005 loss in FY 2020)Full year 2021 results: HK$0.009 loss per share (down from HK$0.005 loss in FY 2020). Revenue: HK$6.86m (down 77% from FY 2020). Net loss: HK$12.0m (loss widened 163% from FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • Mar 23Top Standard Corporation to Report Fiscal Year 2021 Final Results on Mar 31, 2022Top Standard Corporation announced that they will report fiscal year 2021 final results on Mar 31, 2022Reported Earnings • Nov 15Third quarter 2021 earnings released: HK$0.001 loss per share (vs HK$0.004 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: HK$2.43m (down 54% from 3Q 2020). Net loss: HK$1.67m (loss narrowed 53% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: HK$0.004 loss per share (vs HK$0.001 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: HK$8.76m (down 9.6% from 2Q 2020). Net loss: HK$4.19m (down 478% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Aug 12Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire remaining 10% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.02 million.Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire remaining 10% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.02 million on August 11, 2021. Pursuant to the terms of the agreement, Top Standard Corporation will pay the consideration in cash at completion. The consideration will be funded by Top Standard Corporation’s internal resources. Upon completion of the transaction, Code Entertainment will become an indirect wholly-owned subsidiary of the Top Standard. For the year ended March 31, 2021, Code Entertainment Limited had net loss before taxation of HKD (1.67) million and net loss after taxation of HKD (1.67) million. Completion of the transaction is conditional upon various conditions, none of which can be waived and as of August 11, 2021, all of the conditions precedent have been fulfilled.お知らせ • Jun 09+ 1 more updateTop Standard Corporation (SEHK:8510) completed the acquisiiton of 90% stake in Code Entertainment Limited from Wong Kwong Sum.Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire 90% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.13 million on June 7, 2021. Pursuant to the terms of the agreement, Top Standard Corporation will acquire pay the consideration in cash at completion. As a result of the transaction, stake of Wong Kwong Sum in Code Entertainment Limited will be reduced to 10%. The consideration will be funded by Top Standard Corporation’s internal resources. For the year ended March 31, 2021, Code Entertainment Limited had net loss before taxation of HKD 1.67 million and net loss after taxation of HKD 1.67 million, whereas net assets stood at approximately HKD 1.4 million. Completion of the transaction is conditional upon various conditions, none of which can be waived and as of June 7, 2021, all of the conditions precedent have been fulfilled. Completion of the transaction shall take place on the date on which the fulfilment of all the conditions precedent under the agreement or on such date as may be agreed between Top Standard Corporation and Wong Kwong Sum. Top Standard Corporation (SEHK:8510) completed the acquisiiton of 90% stake in Code Entertainment Limited from Wong Kwong Sum on June 8, 2021.お知らせ • Mar 14Perusahaan Saudee Sdn. Bhd. Enters into A Supplementary Agreement with Top Standard CorporationThe Board of Directors of Saudee Group Berhad announced that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on March 12, 2021 entered into a supplementary agreement with Top Standard Corporation to extend the collaboration for new products. The collaboration will provide a strategic platform for both Parties to capture a bigger market in addition to existing sales as stated in DA.お知らせ • Mar 11Perusahaan Saudee Sdn. Bhd. Enters into Distributor Agreement with Top Standard CorporationSaudee Group Berhad announced that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on 9 March 2021 entered into a distributor agreement with Top Standard Corporation (“TSC” or the “Distributor”) (collectively known as the “Parties”) to appoint TSC as a distributor to purchase and resell PSSB’s products listed under the brands of SAUDI GOLD, FARM’S GOLD, DELI DELI and other brands belonging to PSSB (the “Products”) to the whole and strictly Hong Kong, China and territory of Macau (the “Territory”).分析記事 • Jan 15Should You Review Recent Insider Transactions At Top Standard Corporation (HKG:8510)?We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...お知らせ • Dec 16+ 3 more updatesTop Standard Corporation to Report Nine Months, 2020 Results on Mar 31, 2021Top Standard Corporation announced that they will report nine months, 2020 results on Mar 31, 2021Reported Earnings • Nov 17Second quarter 2021 earnings released: HK$0.004 loss per shareThe company reported a soft second quarter result with weaker revenues and control over expenses, though losses reduced. Second quarter 2021 results: Revenue: HK$5.24m (down 80% from 2Q 2020). Net loss: HK$3.53m (loss narrowed 73% from 2Q 2020).お知らせ • Nov 11Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 14.784 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 14.784 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 192,000,000 Price\Range: HKD 0.077 Transaction Features: Subsequent Direct Listingお知らせ • Oct 28Top Standard Corporation to Report First Half, 2021 Results on Nov 13, 2020Top Standard Corporation announced that they will report first half, 2021 results on Nov 13, 2020お知らせ • Sep 14Top Standard Corporation Announces Board ChangesTop Standard Corporation board announced that with effect from 12 September 2020: Mr. Ying Kan Man has been appointed as an executive Director; each of Mr. Tang Chiu Ming, Jeremy and Mr. Yip Ki Chi, Luke has been appointed as an independent non-executive Director; Mr. Lam Ka Wong, Johnson has tendered his resignation as an executive Director of the Company; and each of Mr. Yew Tak Yun, Paul and Mr. Chan Kwok Ki, Stephen has tendered his resignation as an independent non-executive Director of the Company. The board also announced that with effect from 12 September 2020: Audit and Risk Management Committee: Each of Mr. Yew Tak Yun, Paul and Mr. Chan Kwok Ki, Stephen has tendered his resignation as a member of the Audit and Risk Management Committee; and each of Mr. Tang Chiu Ming, Jeremy and Mr. Yip Ki Chi, Luke has been appointed as a member of the Audit and Risk Management Committee. Mr. Ying Kan Man, has more than 10 years of working experience in the green building solution industry. He served as executive director from 27 April 2004 to 1 December 2011 of RCG Holdings Limited. Mr. Tang Chiu Ming, Jeremy, has involved in the accounting and finance industry for more than 20 years, having started his career at an international accounting firm as an auditor. Thereafter, he shifted into the commercial sector and worked for some multi-national companies as a regional accountant. In October 1999, he joined a sizeable securities company as a research analyst to develop his career in the finance industry. From September 2000 to September 2006, he focused more on the retail sales and dealing of securities and subsequently worked as a sales and marketing manager. Since September 2006 he has commenced a role as an associate director in China based securities companies, engaging in the duties of institutional sales relating to the dealing of securities for institutional clients, share placement, and underwriting of shares for new initial public offering. Mr. Yip Ki Chi, Luke, is mainly responsible for supervising and providing independent judgment to the Board. He was admitted as a solicitor of the High Court of Hong Kong in April 1994 and is currently a practising solicitor in Hong Kong with over 20 years of post-qualification experience in the legal profession. From May 1992 to September 1996, he worked at Messrs. P. C. Woo & Co. as a trainee solicitor and subsequently a solicitor. He then joined Messrs. Siao, Wen & Leung in October 1996 as a solicitor. From March 1997 to September 1999, Mr. Yip was a partner and subsequently a consultant at Messrs. Wong & Yip. He has been a partner of Messrs. Cheung & Yip since February 1999. Mr. Yip has been a Notary Public and Civil Celebrant in Hong Kong since 2006. He has been a China Appointed Attesting Officer since December 2015. Mr. Yip is an independent non-executive director of Indigo Star Holdings Limited since 24 October 2017.お知らせ • Sep 05Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 17.92 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 17.92 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 160,000,000 Price\Range: HKD 0.112 Discount Per Security: HKD 0.00336 Transaction Features: Subsequent Direct Listingお知らせ • Jul 25Top Standard Corporation to Report Q1, 2021 Results on Aug 14, 2020Top Standard Corporation announced that they will report Q1, 2021 results on Aug 14, 2020お知らせ • Jun 16Top Standard Corporation to Report Fiscal Year 2020 Results on Jun 30, 2020Top Standard Corporation announced that they will report fiscal year 2020 results on Jun 30, 2020株主還元8510HK HospitalityHK 市場7D-4.5%5.2%1.1%1Y162.5%-35.0%-3.0%株主還元を見る業界別リターン: 8510過去 1 年間で-35 % の収益を上げたHong Kong Hospitality業界を上回りました。リターン対市場: 8510過去 1 年間で-3 % の収益を上げたHong Kong市場を上回りました。価格変動Is 8510's price volatile compared to industry and market?8510 volatility8510 Average Weekly Movement12.2%Hospitality Industry Average Movement6.4%Market Average Movement7.5%10% most volatile stocks in HK Market16.6%10% least volatile stocks in HK Market3.5%安定した株価: 8510の株価は、 Hong Kong市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 8510の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてHong Kongの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200852Chuk Stanleywww.topstandard.hk投資持株会社のトップスタンダード・コーポレーションは香港、シンガポール、マレーシアでレストランとバーを経営している。同社はケータリングサービスとワインのオンライン販売の2つのセグメントで事業を展開している。Sushi MEWとSushi Qubeyブランドでレストランを運営し、MOWブランドでワインをオンライン販売している。トップ・スタンダード・コーポレーションは2008年に設立され、香港の九龍城に本社を置いている。もっと見るTop Standard Corporation 基礎のまとめTop Standard の収益と売上を時価総額と比較するとどうか。8510 基礎統計学時価総額HK$50.16m収益（TTM）-HK$1.01m売上高(TTM)HK$19.71m2.5xP/Sレシオ-49.8xPER（株価収益率8510 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計8510 損益計算書（TTM）収益HK$19.71m売上原価HK$15.91m売上総利益HK$3.80mその他の費用HK$4.80m収益-HK$1.01m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.0042グロス・マージン19.26%純利益率-5.11%有利子負債／自己資本比率-24.4%8510 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/06 10:47終値2026/07/03 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Top Standard Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 09Top Standard Corporation, Annual General Meeting, Jun 30, 2026Top Standard Corporation, Annual General Meeting, Jun 30, 2026, at 15:00 China Standard Time. Location: suite 707, 7/f., 12 taikoo wan road, taikoo, Hong Kong
お知らせ • Jun 02Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Transaction Features: Subsequent Direct Listing
New Risk • May 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$19m). Market cap is less than US$10m (HK$52.6m market cap, or US$6.71m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
Reported Earnings • Apr 02Full year 2025 earnings released: HK$0.005 loss per share (vs HK$0.057 loss in FY 2024)Full year 2025 results: HK$0.005 loss per share (improved from HK$0.057 loss in FY 2024). Revenue: HK$21.5m (up 50% from FY 2024). Net loss: HK$1.01m (loss narrowed 90% from FY 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2025 Results on Mar 31, 2026Top Standard Corporation announced that they will report fiscal year 2025 results on Mar 31, 2026
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$21m). Market cap is less than US$10m (HK$38.2m market cap, or US$4.88m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
お知らせ • Jun 09Top Standard Corporation, Annual General Meeting, Jun 30, 2026Top Standard Corporation, Annual General Meeting, Jun 30, 2026, at 15:00 China Standard Time. Location: suite 707, 7/f., 12 taikoo wan road, taikoo, Hong Kong
お知らせ • Jun 02Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,250,000 Price\Range: HKD 0.16 Discount Per Security: HKD 0.002 Transaction Features: Subsequent Direct Listing
New Risk • May 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$19m). Market cap is less than US$10m (HK$52.6m market cap, or US$6.71m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
Reported Earnings • Apr 02Full year 2025 earnings released: HK$0.005 loss per share (vs HK$0.057 loss in FY 2024)Full year 2025 results: HK$0.005 loss per share (improved from HK$0.057 loss in FY 2024). Revenue: HK$21.5m (up 50% from FY 2024). Net loss: HK$1.01m (loss narrowed 90% from FY 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2025 Results on Mar 31, 2026Top Standard Corporation announced that they will report fiscal year 2025 results on Mar 31, 2026
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$21m). Market cap is less than US$10m (HK$38.2m market cap, or US$4.88m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
New Risk • Dec 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-HK$21m). Market cap is less than US$10m (HK$41.8m market cap, or US$5.37m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
お知らせ • Dec 07Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct Listing
お知らせ • Nov 12Top Standard Corporation has withdrawn its Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has withdrawn its Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1
New Risk • Oct 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-HK$21m). Market cap is less than US$10m (HK$33.4m market cap, or US$4.30m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$20m revenue, or US$2.5m).
お知らせ • Oct 22Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.981312 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,813,120 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct Listing
Reported Earnings • Sep 02First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.019 loss in 1H 2024)First half 2025 results: HK$0.003 loss per share (improved from HK$0.019 loss in 1H 2024). Revenue: HK$10.6m (up 100% from 1H 2024). Net loss: HK$558.0k (loss narrowed 82% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Aug 19Top Standard Corporation to Report First Half, 2025 Results on Aug 29, 2025Top Standard Corporation announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 17Top Standard Corporation, Annual General Meeting, Jun 09, 2025Top Standard Corporation, Annual General Meeting, Jun 09, 2025, at 11:00 China Standard Time. Location: 21/f., grand millennium plaza, 181 queen`s road central, sheung wan, Hong Kong
New Risk • Apr 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$20m). Market cap is less than US$10m (HK$22.3m market cap, or US$2.87m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$15m revenue, or US$1.9m).
Reported Earnings • Mar 28Full year 2024 earnings released: HK$0.057 loss per share (vs HK$0.043 profit in FY 2023)Full year 2024 results: HK$0.057 loss per share (down from HK$0.043 profit in FY 2023). Revenue: HK$15.0m (up 65% from FY 2023). Net loss: HK$9.80m (down 263% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
New Risk • Mar 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$12m). Market cap is less than US$10m (HK$20.3m market cap, or US$2.61m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m).
お知らせ • Mar 14Top Standard Corporation to Report Fiscal Year 2024 Results on Mar 26, 2025Top Standard Corporation announced that they will report fiscal year 2024 results on Mar 26, 2025
New Risk • Mar 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$12m). Market cap is less than US$10m (HK$23.3m market cap, or US$3.00m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$8.0m revenue, or US$1.0m).
お知らせ • Oct 26Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.31776 million.Top Standard Corporation has filed a Follow-on Equity Offering in the amount of HKD 3.31776 million. Security Name: Shares Security Type: Common Stock Securities Offered: 33,177,600 Price\Range: HKD 0.1 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 16Top Standard Corporation Announces Board and Committee ChangesThe board of directors of Top Standard Corporation announced that with effect from 16 September 2024: Mr. Yip Ki Chi, Luke has resigned as an independent non-executive Director, a member of each of the audit and risk management committee, the nomination committee and the remuneration committee of the Company due to his intention to devote more time on his personal or other business development. Mr. Wong Ching Wan has resigned as an independent non-executive Director, the chairman of Audit and Risk Management Committee and member of each of the Nomination Committee and the Remuneration Committee due to his intention to devote more time on his personal or other business development. The Board announced that with effect from 16 September 2024: Ms. Ding Weiyu, has been appointed as an independent non-executive Director, a member of each of the Audit and Risk Management Committee, the Nomination Committee and the Remuneration Committee. Mr. Lynch Stephen Joseph Chor, has been appointed as an independent non- executive Director, a member of each of the Audit and Risk Management Committee, the Nomination Committee and the Remuneration Committee. Mr. Tang Chiu Ming, Jeremy, currently an independent non-executive director and chairman of the Remuneration Committee and member of each of the Audit and Risk Management Committee and Nomination Committee, has been redesignated as the chairman of Audit and Risk Management Committee. Ms. Ding, aged 26. Ms. Ding graduated from The University of Sydney, Australia, with a bachelor's degree in commerce (double majors in finance and business information systems) in July 2020. She also obtained a master's degree of science in finance from the University of Manchester in November 2021. From December 2021 to August 2022, she served as a consulting analyst in China Insights Consultancy, where she was principally responsible for data analysis. Currently, she served as consultants in Euromonitor International Limited. Pursuant to the letter of appointment entered into between Ms. Ding and the Company, Ms. Ding is appointed as an independent non-executive director for a term of two years with effect from 16 September 2024 subject to early termination in accordance with the terms of the Ding's Service Agreement. Ms. Ding is also subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and Rules Governing the Listing of Securities on the GEM of the Stock Exchange. Mr. Lynch, aged 43, has extensive experience in business management and customer development. He is the co-founder and served as chief executive officer of Inbase Partners Limited since 2018, where he is principally responsible for strategic planning and business direction and building customer relations. He also served as a business development consultant of Spark Co. Limited a company located in Taipei, since 2018, where he is primarily responsible for new business development and business cooperation maintenance. From 2009 to 2018, he worked as management in various small and medium sized companies and was primarily responsible for business strategy planning. Mr. Lynch obtained his high school diploma in 1997 from Christian Light Education in Virginia, USA. He also completed Blockchain Strategy Programme in Saïd Business School, University of Oxford in 2018. Pursuant to the letter of appointment entered into between Mr. Lynch and the Company, Mr. Lynch is appointed as an independent non-executive director for a term of two years with effect from 16 September 2024 subject to early termination in accordance with the terms of the Lynch 's Service Agreement. Mr. Lynch is also subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and GEM Listing Rules.
お知らせ • Aug 20Top Standard Corporation to Report Q2, 2024 Results on Aug 30, 2024Top Standard Corporation announced that they will report Q2, 2024 results on Aug 30, 2024
お知らせ • May 23Top Standard Corporation, Annual General Meeting, Jun 21, 2024Top Standard Corporation, Annual General Meeting, Jun 21, 2024, at 11:00 China Standard Time. Location: unit 3c, 3/f., yue xiu industrial building, 87 hung to road, kwun tong, kowloon Hong Kong
New Risk • May 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-HK$8.3m). Market cap is less than US$10m (HK$18.1m market cap, or US$2.31m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$9.1m revenue, or US$1.2m).
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.054 loss in FY 2022)Full year 2023 results: EPS: HK$0.004 (up from HK$0.054 loss in FY 2022). Revenue: HK$9.96m (down 26% from FY 2022). Net income: HK$6.01m (up HK$13.5m from FY 2022). Profit margin: 60% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.
お知らせ • Mar 19Top Standard Corporation to Report Fiscal Year 2023 Results on Mar 28, 2024Top Standard Corporation announced that they will report fiscal year 2023 results on Mar 28, 2024
Board Change • Feb 22Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Executive Director Lawrence Ying was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$36.5m market cap, or US$4.67m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$15m revenue, or US$1.9m).
お知らせ • Dec 20Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 3.59424 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 3.59424 million. Security Name: Shares Security Type: Common Stock Securities Offered: 276,480,000 Price\Range: HKD 0.013 Discount Per Security: HKD 0.000325 Transaction Features: Subsequent Direct Listing
Reported Earnings • Nov 16Third quarter 2023 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 3Q 2022)Third quarter 2023 results: HK$0.001 loss per share (in line with 3Q 2022). Revenue: HK$2.12m (down 51% from 3Q 2022). Net loss: HK$1.55m (loss widened 30% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
お知らせ • Nov 04Top Standard Corporation to Report Q3, 2023 Results on Nov 14, 2023Top Standard Corporation announced that they will report Q3, 2023 results on Nov 14, 2023
New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$1.6m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$45.6m market cap, or US$5.83m). Minor Risk Revenue is less than US$5m (HK$17m revenue, or US$2.2m).
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Executive Director Lawrence Ying was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$1.6m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$5.0m). Market cap is less than US$10m (HK$74.6m market cap, or US$9.53m). Minor Risk Revenue is less than US$5m (HK$17m revenue, or US$2.2m).
Reported Earnings • Aug 16Second quarter 2023 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 2Q 2022)Second quarter 2023 results: HK$0.001 loss per share (in line with 2Q 2022). Revenue: HK$2.42m (up 5.5% from 2Q 2022). Net loss: HK$1.25m (loss narrowed 39% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Aug 03Top Standard Corporation to Report Q1, 2024 Results on Aug 14, 2023Top Standard Corporation announced that they will report Q1, 2024 results on Aug 14, 2023
お知らせ • May 30Top Standard Corporation, Annual General Meeting, Jun 30, 2023Top Standard Corporation, Annual General Meeting, Jun 30, 2023, at 11:00 China Standard Time. Location: 17/F, L Place, 139 Queen's Road Central Central Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and the independent auditor of the Company for the year ended 31 December 2022; to re-elect Mr. Ying Kan Man as an executive Director; to re-elect Mr. Tang Chiu Ming, Jeremy as an independent non-executive Director; to authorise the board of Directors to fix the respective Directors' remuneration; to re-appoint D & PARTNERS CPA LIMITED as the Independent Auditor to hold office until the conclusion of the next annual general meeting and authorise the Board to fix its remuneration; and to consider other matters.
分析記事 • May 24Calculating The Fair Value Of Top Standard Corporation (HKG:8510)Key Insights Top Standard's estimated fair value is HK$0.053 based on 2 Stage Free Cash Flow to Equity Top Standard's...
Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Chuk Stanley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 03Top Standard Corporation to Report Nine Months, 2022 Results on Nov 14, 2022Top Standard Corporation announced that they will report nine months, 2022 results on Nov 14, 2022
お知らせ • Aug 03Top Standard Corporation to Report First Half, 2022 Results on Aug 12, 2022Top Standard Corporation announced that they will report first half, 2022 results on Aug 12, 2022
お知らせ • May 24Top Standard Corporation, Annual General Meeting, Jun 24, 2022Top Standard Corporation, Annual General Meeting, Jun 24, 2022, at 14:30 China Standard Time. Location: 17/F., L Place, 139 Queen's Road Central Central Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and independent auditors of the Company for the year ended 31 December 2021; to re-elect Mr. Chuk Stanley as an executive Director; to re-elect Mr. Wong Ching Wan as an independent non-executive Director; to authorise the board of Directors to fix the respective Directors' remuneration; to re-appoint D & PARTNERS CPA LIMITED as independent auditor of the Company and to authorise the Board to fix its remuneration; and to transact other business.
Reported Earnings • May 15First quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0 in 1Q 2021)First quarter 2022 results: HK$0.001 loss per share (down from HK$0 in 1Q 2021). Revenue: HK$773.0k (down 91% from 1Q 2021). Net loss: HK$844.0k (loss widened 230% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Chuk Stanley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: HK$0.009 loss per share (vs HK$0.005 loss in FY 2020)Full year 2021 results: HK$0.009 loss per share (down from HK$0.005 loss in FY 2020). Revenue: HK$6.86m (down 77% from FY 2020). Net loss: HK$12.0m (loss widened 163% from FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • Mar 23Top Standard Corporation to Report Fiscal Year 2021 Final Results on Mar 31, 2022Top Standard Corporation announced that they will report fiscal year 2021 final results on Mar 31, 2022
Reported Earnings • Nov 15Third quarter 2021 earnings released: HK$0.001 loss per share (vs HK$0.004 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: HK$2.43m (down 54% from 3Q 2020). Net loss: HK$1.67m (loss narrowed 53% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: HK$0.004 loss per share (vs HK$0.001 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: HK$8.76m (down 9.6% from 2Q 2020). Net loss: HK$4.19m (down 478% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Aug 12Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire remaining 10% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.02 million.Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire remaining 10% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.02 million on August 11, 2021. Pursuant to the terms of the agreement, Top Standard Corporation will pay the consideration in cash at completion. The consideration will be funded by Top Standard Corporation’s internal resources. Upon completion of the transaction, Code Entertainment will become an indirect wholly-owned subsidiary of the Top Standard. For the year ended March 31, 2021, Code Entertainment Limited had net loss before taxation of HKD (1.67) million and net loss after taxation of HKD (1.67) million. Completion of the transaction is conditional upon various conditions, none of which can be waived and as of August 11, 2021, all of the conditions precedent have been fulfilled.
お知らせ • Jun 09+ 1 more updateTop Standard Corporation (SEHK:8510) completed the acquisiiton of 90% stake in Code Entertainment Limited from Wong Kwong Sum.Top Standard Corporation (SEHK:8510) entered into a sale and purchase agreement to acquire 90% stake in Code Entertainment Limited from Wong Kwong Sum for HKD 0.13 million on June 7, 2021. Pursuant to the terms of the agreement, Top Standard Corporation will acquire pay the consideration in cash at completion. As a result of the transaction, stake of Wong Kwong Sum in Code Entertainment Limited will be reduced to 10%. The consideration will be funded by Top Standard Corporation’s internal resources. For the year ended March 31, 2021, Code Entertainment Limited had net loss before taxation of HKD 1.67 million and net loss after taxation of HKD 1.67 million, whereas net assets stood at approximately HKD 1.4 million. Completion of the transaction is conditional upon various conditions, none of which can be waived and as of June 7, 2021, all of the conditions precedent have been fulfilled. Completion of the transaction shall take place on the date on which the fulfilment of all the conditions precedent under the agreement or on such date as may be agreed between Top Standard Corporation and Wong Kwong Sum. Top Standard Corporation (SEHK:8510) completed the acquisiiton of 90% stake in Code Entertainment Limited from Wong Kwong Sum on June 8, 2021.
お知らせ • Mar 14Perusahaan Saudee Sdn. Bhd. Enters into A Supplementary Agreement with Top Standard CorporationThe Board of Directors of Saudee Group Berhad announced that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on March 12, 2021 entered into a supplementary agreement with Top Standard Corporation to extend the collaboration for new products. The collaboration will provide a strategic platform for both Parties to capture a bigger market in addition to existing sales as stated in DA.
お知らせ • Mar 11Perusahaan Saudee Sdn. Bhd. Enters into Distributor Agreement with Top Standard CorporationSaudee Group Berhad announced that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on 9 March 2021 entered into a distributor agreement with Top Standard Corporation (“TSC” or the “Distributor”) (collectively known as the “Parties”) to appoint TSC as a distributor to purchase and resell PSSB’s products listed under the brands of SAUDI GOLD, FARM’S GOLD, DELI DELI and other brands belonging to PSSB (the “Products”) to the whole and strictly Hong Kong, China and territory of Macau (the “Territory”).
分析記事 • Jan 15Should You Review Recent Insider Transactions At Top Standard Corporation (HKG:8510)?We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
お知らせ • Dec 16+ 3 more updatesTop Standard Corporation to Report Nine Months, 2020 Results on Mar 31, 2021Top Standard Corporation announced that they will report nine months, 2020 results on Mar 31, 2021
Reported Earnings • Nov 17Second quarter 2021 earnings released: HK$0.004 loss per shareThe company reported a soft second quarter result with weaker revenues and control over expenses, though losses reduced. Second quarter 2021 results: Revenue: HK$5.24m (down 80% from 2Q 2020). Net loss: HK$3.53m (loss narrowed 73% from 2Q 2020).
お知らせ • Nov 11Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 14.784 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 14.784 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 192,000,000 Price\Range: HKD 0.077 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 28Top Standard Corporation to Report First Half, 2021 Results on Nov 13, 2020Top Standard Corporation announced that they will report first half, 2021 results on Nov 13, 2020
お知らせ • Sep 14Top Standard Corporation Announces Board ChangesTop Standard Corporation board announced that with effect from 12 September 2020: Mr. Ying Kan Man has been appointed as an executive Director; each of Mr. Tang Chiu Ming, Jeremy and Mr. Yip Ki Chi, Luke has been appointed as an independent non-executive Director; Mr. Lam Ka Wong, Johnson has tendered his resignation as an executive Director of the Company; and each of Mr. Yew Tak Yun, Paul and Mr. Chan Kwok Ki, Stephen has tendered his resignation as an independent non-executive Director of the Company. The board also announced that with effect from 12 September 2020: Audit and Risk Management Committee: Each of Mr. Yew Tak Yun, Paul and Mr. Chan Kwok Ki, Stephen has tendered his resignation as a member of the Audit and Risk Management Committee; and each of Mr. Tang Chiu Ming, Jeremy and Mr. Yip Ki Chi, Luke has been appointed as a member of the Audit and Risk Management Committee. Mr. Ying Kan Man, has more than 10 years of working experience in the green building solution industry. He served as executive director from 27 April 2004 to 1 December 2011 of RCG Holdings Limited. Mr. Tang Chiu Ming, Jeremy, has involved in the accounting and finance industry for more than 20 years, having started his career at an international accounting firm as an auditor. Thereafter, he shifted into the commercial sector and worked for some multi-national companies as a regional accountant. In October 1999, he joined a sizeable securities company as a research analyst to develop his career in the finance industry. From September 2000 to September 2006, he focused more on the retail sales and dealing of securities and subsequently worked as a sales and marketing manager. Since September 2006 he has commenced a role as an associate director in China based securities companies, engaging in the duties of institutional sales relating to the dealing of securities for institutional clients, share placement, and underwriting of shares for new initial public offering. Mr. Yip Ki Chi, Luke, is mainly responsible for supervising and providing independent judgment to the Board. He was admitted as a solicitor of the High Court of Hong Kong in April 1994 and is currently a practising solicitor in Hong Kong with over 20 years of post-qualification experience in the legal profession. From May 1992 to September 1996, he worked at Messrs. P. C. Woo & Co. as a trainee solicitor and subsequently a solicitor. He then joined Messrs. Siao, Wen & Leung in October 1996 as a solicitor. From March 1997 to September 1999, Mr. Yip was a partner and subsequently a consultant at Messrs. Wong & Yip. He has been a partner of Messrs. Cheung & Yip since February 1999. Mr. Yip has been a Notary Public and Civil Celebrant in Hong Kong since 2006. He has been a China Appointed Attesting Officer since December 2015. Mr. Yip is an independent non-executive director of Indigo Star Holdings Limited since 24 October 2017.
お知らせ • Sep 05Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 17.92 million.Top Standard Corporation has completed a Follow-on Equity Offering in the amount of HKD 17.92 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 160,000,000 Price\Range: HKD 0.112 Discount Per Security: HKD 0.00336 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 25Top Standard Corporation to Report Q1, 2021 Results on Aug 14, 2020Top Standard Corporation announced that they will report Q1, 2021 results on Aug 14, 2020
お知らせ • Jun 16Top Standard Corporation to Report Fiscal Year 2020 Results on Jun 30, 2020Top Standard Corporation announced that they will report fiscal year 2020 results on Jun 30, 2020
