View Financial HealthTOP Financial Group 배당 및 자사주 매입배당 기준 점검 0/6TOP Financial Group 배당금을 지급한 기록이 없습니다.핵심 정보0%배당 수익률-6.1%자사주 매입 수익률총 주주 수익률-6.1%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • May 18New 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 American stocks, typically moving 17% 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 (17% average weekly change). Earnings have declined by 62% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$4.4m revenue). Market cap is less than US$100m (US$30.4m market cap).New Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% 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 Risk Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$4.4m revenue). Market cap is less than US$100m (US$23.0m market cap).Reported Earnings • Jan 22First half 2026 earnings released: EPS: US$0.005 (vs US$0.012 loss in 1H 2025)First half 2026 results: EPS: US$0.005 (up from US$0.012 loss in 1H 2025). Net income: US$190.5k (up US$641.0k from 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Board Change • Oct 31Insufficient 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. Independent Director Anthony Chan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Aug 01TOP Financial Group Limited announced delayed 20-F filingOn 07/31/2025, TOP Financial Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.공시 • Jun 13TOP Financial Group Limited, Annual General Meeting, Jun 24, 2025TOP Financial Group Limited, Annual General Meeting, Jun 24, 2025, at 10:00 China Standard Time. Location: 118 connaught road west, room 1101, Hong KongBoard Change • Jun 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. Independent Director Anthony S. Chan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Apr 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to US$1.11. The fair value is estimated to be US$1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to US$1.08. The fair value is estimated to be US$1.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jan 28First half 2025 earnings released: US$0.012 loss per share (vs US$0.10 profit in 1H 2024)First half 2025 results: US$0.012 loss per share (down from US$0.10 profit in 1H 2024). Net loss: US$450.4k (down 112% from profit in 1H 2024).Buy Or Sell Opportunity • Jan 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$1.42. The fair value is estimated to be US$1.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.Buy Or Sell Opportunity • Dec 18Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to US$1.35. The fair value is estimated to be US$1.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.분석 기사 • Oct 17Optimistic Investors Push TOP Financial Group Limited (NASDAQ:TOP) Shares Up 27% But Growth Is LackingThose holding TOP Financial Group Limited ( NASDAQ:TOP ) shares would be relieved that the share price has rebounded...New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.6% 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: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (US$62.6m market cap).Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$1.93, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 22x in the Capital Markets industry in the US. Total loss to shareholders of 62% over the past year.Buy Or Sell Opportunity • Sep 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to US$1.48. The fair value is estimated to be US$1.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$1.68, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 21x in the Capital Markets industry in the US. Total loss to shareholders of 69% over the past year.Buy Or Sell Opportunity • Aug 22Now 32% overvaluedOver the last 90 days, the stock has fallen 2.4% to US$2.47. The fair value is estimated to be US$1.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.분석 기사 • Aug 08There's Reason For Concern Over TOP Financial Group Limited's (NASDAQ:TOP) PriceTOP Financial Group Limited's ( NASDAQ:TOP ) price-to-earnings (or "P/E") ratio of 74.7x might make it look like a...Reported Earnings • Aug 01Full year 2024 earnings released: EPS: US$0.033 (vs US$0.099 in FY 2023)Full year 2024 results: EPS: US$0.033 (down from US$0.099 in FY 2023). Revenue: US$8.04m (down 17% from FY 2023). Net income: US$1.05m (down 69% from FY 2023). Profit margin: 13% (down from 35% in FY 2023). The decrease in margin was primarily driven by lower revenue.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$2.23, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 20x in the Capital Markets industry in the US. Total loss to shareholders of 64% over the past year.공시 • Feb 15TOP Financial Group Limited has completed a Follow-on Equity Offering in the amount of $5 million.TOP Financial Group Limited has completed a Follow-on Equity Offering in the amount of $5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: $2.5 Discount Per Security: $0.175 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 2,000,000 Transaction Features: Registered Direct OfferingNew Risk • Feb 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.6% 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 (24% average weekly change). High level of non-cash earnings (45% accrual ratio). Minor Risk Shareholders have been diluted in the past year (5.6% increase in shares outstanding).공시 • Feb 14TOP Financial Group Limited has filed a Follow-on Equity Offering in the amount of $5 million.TOP Financial Group Limited has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: $2.5 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 2,000,000 Transaction Features: Registered Direct OfferingValuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 96%After last week's 96% share price gain to US$5.38, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 19x in the Capital Markets industry in the US. Total returns to shareholders of 45% over the past year.Reported Earnings • Feb 02First half 2024 earnings released: EPS: US$0.10 (vs US$0.055 in 1H 2023)First half 2024 results: EPS: US$0.10 (up from US$0.055 in 1H 2023). Revenue: US$7.15m (up 39% from 1H 2023). Net income: US$3.67m (up 100% from 1H 2023). Profit margin: 51% (up from 36% in 1H 2023). The increase in margin was driven by higher revenue.New Risk • Jan 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.7m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (95% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (US$97.7m market cap).Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$2.79, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 44% over the past year.New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. 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 Risk High level of non-cash earnings (95% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end).분석 기사 • Dec 21Pinning Down TOP Financial Group Limited's (NASDAQ:TOP) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 40.1x TOP Financial Group Limited ( NASDAQ:TOP ) may be sending very...Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$4.44, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 10% over the past year.공시 • Oct 18TOP Financial Group Limited, Annual General Meeting, Dec 06, 2023TOP Financial Group Limited, Annual General Meeting, Dec 06, 2023, at 10:00 China Standard Time. Location: 118 Connaught Road West, Room 1101 Hong Kong Hong Kong Agenda: To consider and approve the re-appointment of five directors, Ms. Junli Yang, Mr.KaFai Yuen, Mr.Anthony S.Chan, Mr.Mau Chung Ng and Ms. Mei Cai, each to serve a term expiring at the next annual meeting of shareholders or until their successors are duly elected and qualified; to consider and ratify the appointment of YCM CPA, Inc. as the Companys independent registered public accounting firm for the fiscal year ending March31, 2024; and to consider restate the Companys Articles of Association to replace Article39.Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$4.57, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 63% over the past year.Reported Earnings • Jul 01Full year 2023 earnings released: EPS: US$0.099 (vs US$0.12 in FY 2022)Full year 2023 results: EPS: US$0.099 (down from US$0.12 in FY 2022). Revenue: US$9.70m (up 24% from FY 2022). Net income: US$3.40m (down 2.7% from FY 2022). Profit margin: 35% (down from 45% in FY 2022). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.88, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 31x in the Capital Markets industry in the US. Total loss to shareholders of 80% over the past year.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$7.17, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 31x in the Capital Markets industry in the US. Total loss to shareholders of 55% over the past year.Board Change • May 30High 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 Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 81%After last week's 81% share price decline to US$9.92, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 27x in the Capital Markets industry in the US.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$6.61, the stock trades at a trailing P/E ratio of 51.9x. Average trailing P/E is 30x in the Capital Markets industry in the US.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$4.28, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 28x in the Capital Markets industry in the US.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$3.92, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 28x in the Capital Markets industry in the US.Reported Earnings • Jan 08First half 2023 earnings released: EPS: US$0.055 (vs US$0.029 in 1H 2022)First half 2023 results: EPS: US$0.055 (up from US$0.029 in 1H 2022). Revenue: US$5.16m (up 61% from 1H 2022). Net income: US$1.84m (up 112% from 1H 2022). Profit margin: 36% (up from 27% in 1H 2022). The increase in margin was driven by higher revenue.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. Executive Chairman Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$5.38, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 25x in the Capital Markets industry in the US.분석 기사 • Nov 01Why We're Not Concerned Yet About TOP Financial Group Limited's (NASDAQ:TOP) 63% Share Price PlungeThe TOP Financial Group Limited ( NASDAQ:TOP ) share price has fared very poorly over the last month, falling by a...공시 • Nov 01TOP Financial Group Limited Provides Revenue Guidance for the Fiscal Year Ending March 31, 2023 and Six Months Ending September 30, 2023TOP Financial Group Limited provides revenue guidance for the fiscal year ending March 31, 2023 and six months ending September 30, 2023. For the fiscal year ended March 31, 2023, the company expects total revenues to be between USD 9.75 million to USD 10.53 million, representing year-over-year growth of 25% to 35%.For the six months ended September 30, 2023, the company expects total revenues to be between USD 6.5 million to USD 7 million, representing year-over-year growth of 25% to 35%.Board Change • Nov 01High 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. Executive Chairman Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Sep 02TOP Financial Group Limited (NasdaqCM:TOP) has entered into a Share Purchase Agreement to acquire Top 500 Sec Pty Ltd from PRO800 Limited for AUD 0.7 million.TOP Financial Group Limited (NasdaqCM:TOP) has entered into a Share Purchase Agreement to acquire Top 500 Sec Pty Ltd from PRO800 Limited for AUD 0.7 million on September 1, 2022. The closing of the transaction is conditioned upon completion of due diligence reviews of the Target and any required regulatory approvals.Seeking Alpha • Aug 17TOP Financial Group GAAP EPS of $0.12, revenue of $7.8MTOP Financial Group press release (NASDAQ:TOP): FY GAAP EPS of $0.12. Revenue of $7.8M (-53.8% Y/Y). Shares -3.72% PM공시 • Aug 02TOP Financial Group Limited announced delayed 20-F filingOn 08/01/2022, TOP Financial Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.Seeking Alpha • Jul 22Zhong Yang Financial changes name to TOP Financial GroupZhong Yang Financial Group (NASDAQ:TOP) said it is changing its name to TOP Financial Group, effective Friday. Ticker symbol will remain same "TOP". Based in Hong Kong, the company, through its operating subsidiaries, operates online brokerage platforms specializing in the trading of local and foreign equities, futures, and options products. Earlier: Zhong Yang stock drops 14% ahead of special shareholders' meeting공시 • Jun 02Zhong Yang Financial Group Limited has completed an IPO in the amount of $25 million.Zhong Yang Financial Group Limited has completed an IPO in the amount of $25 million. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: $5 Discount Per Security: $0.35 Security Name: Ordinary Shares Security Type: Common Stock Price\Range: $5 Discount Per Security: $0.175 Transaction Features: Regulation S지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 TOP 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: TOP 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장TOP Financial Group 배당 수익률 vs 시장TOP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TOP)0%시장 하위 25% (US)1.4%시장 상위 25% (US)4.2%업계 평균 (Capital Markets)2.1%분석가 예측 (TOP) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 TOP 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 TOP 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: TOP US 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: TOP 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YUS 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 20:25종가2026/05/29 00:00수익2025/09/30연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스TOP Financial Group Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • May 18New 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 American stocks, typically moving 17% 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 (17% average weekly change). Earnings have declined by 62% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$4.4m revenue). Market cap is less than US$100m (US$30.4m market cap).
New Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% 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 Risk Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$4.4m revenue). Market cap is less than US$100m (US$23.0m market cap).
Reported Earnings • Jan 22First half 2026 earnings released: EPS: US$0.005 (vs US$0.012 loss in 1H 2025)First half 2026 results: EPS: US$0.005 (up from US$0.012 loss in 1H 2025). Net income: US$190.5k (up US$641.0k from 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Board Change • Oct 31Insufficient 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. Independent Director Anthony Chan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Aug 01TOP Financial Group Limited announced delayed 20-F filingOn 07/31/2025, TOP Financial Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
공시 • Jun 13TOP Financial Group Limited, Annual General Meeting, Jun 24, 2025TOP Financial Group Limited, Annual General Meeting, Jun 24, 2025, at 10:00 China Standard Time. Location: 118 connaught road west, room 1101, Hong Kong
Board Change • Jun 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. Independent Director Anthony S. Chan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Apr 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to US$1.11. The fair value is estimated to be US$1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to US$1.08. The fair value is estimated to be US$1.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jan 28First half 2025 earnings released: US$0.012 loss per share (vs US$0.10 profit in 1H 2024)First half 2025 results: US$0.012 loss per share (down from US$0.10 profit in 1H 2024). Net loss: US$450.4k (down 112% from profit in 1H 2024).
Buy Or Sell Opportunity • Jan 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$1.42. The fair value is estimated to be US$1.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.
Buy Or Sell Opportunity • Dec 18Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to US$1.35. The fair value is estimated to be US$1.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.
분석 기사 • Oct 17Optimistic Investors Push TOP Financial Group Limited (NASDAQ:TOP) Shares Up 27% But Growth Is LackingThose holding TOP Financial Group Limited ( NASDAQ:TOP ) shares would be relieved that the share price has rebounded...
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.6% 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: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (US$62.6m market cap).
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to US$1.93, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 22x in the Capital Markets industry in the US. Total loss to shareholders of 62% over the past year.
Buy Or Sell Opportunity • Sep 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to US$1.48. The fair value is estimated to be US$1.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$1.68, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 21x in the Capital Markets industry in the US. Total loss to shareholders of 69% over the past year.
Buy Or Sell Opportunity • Aug 22Now 32% overvaluedOver the last 90 days, the stock has fallen 2.4% to US$2.47. The fair value is estimated to be US$1.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 17%.
분석 기사 • Aug 08There's Reason For Concern Over TOP Financial Group Limited's (NASDAQ:TOP) PriceTOP Financial Group Limited's ( NASDAQ:TOP ) price-to-earnings (or "P/E") ratio of 74.7x might make it look like a...
Reported Earnings • Aug 01Full year 2024 earnings released: EPS: US$0.033 (vs US$0.099 in FY 2023)Full year 2024 results: EPS: US$0.033 (down from US$0.099 in FY 2023). Revenue: US$8.04m (down 17% from FY 2023). Net income: US$1.05m (down 69% from FY 2023). Profit margin: 13% (down from 35% in FY 2023). The decrease in margin was primarily driven by lower revenue.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$2.23, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 20x in the Capital Markets industry in the US. Total loss to shareholders of 64% over the past year.
공시 • Feb 15TOP Financial Group Limited has completed a Follow-on Equity Offering in the amount of $5 million.TOP Financial Group Limited has completed a Follow-on Equity Offering in the amount of $5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: $2.5 Discount Per Security: $0.175 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 2,000,000 Transaction Features: Registered Direct Offering
New Risk • Feb 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.6% 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 (24% average weekly change). High level of non-cash earnings (45% accrual ratio). Minor Risk Shareholders have been diluted in the past year (5.6% increase in shares outstanding).
공시 • Feb 14TOP Financial Group Limited has filed a Follow-on Equity Offering in the amount of $5 million.TOP Financial Group Limited has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: $2.5 Security Name: Warrants Security Type: Equity Warrant Securities Offered: 2,000,000 Transaction Features: Registered Direct Offering
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 96%After last week's 96% share price gain to US$5.38, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 19x in the Capital Markets industry in the US. Total returns to shareholders of 45% over the past year.
Reported Earnings • Feb 02First half 2024 earnings released: EPS: US$0.10 (vs US$0.055 in 1H 2023)First half 2024 results: EPS: US$0.10 (up from US$0.055 in 1H 2023). Revenue: US$7.15m (up 39% from 1H 2023). Net income: US$3.67m (up 100% from 1H 2023). Profit margin: 51% (up from 36% in 1H 2023). The increase in margin was driven by higher revenue.
New Risk • Jan 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.7m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (95% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (US$97.7m market cap).
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$2.79, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 44% over the past year.
New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. 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 Risk High level of non-cash earnings (95% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end).
분석 기사 • Dec 21Pinning Down TOP Financial Group Limited's (NASDAQ:TOP) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 40.1x TOP Financial Group Limited ( NASDAQ:TOP ) may be sending very...
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$4.44, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 10% over the past year.
공시 • Oct 18TOP Financial Group Limited, Annual General Meeting, Dec 06, 2023TOP Financial Group Limited, Annual General Meeting, Dec 06, 2023, at 10:00 China Standard Time. Location: 118 Connaught Road West, Room 1101 Hong Kong Hong Kong Agenda: To consider and approve the re-appointment of five directors, Ms. Junli Yang, Mr.KaFai Yuen, Mr.Anthony S.Chan, Mr.Mau Chung Ng and Ms. Mei Cai, each to serve a term expiring at the next annual meeting of shareholders or until their successors are duly elected and qualified; to consider and ratify the appointment of YCM CPA, Inc. as the Companys independent registered public accounting firm for the fiscal year ending March31, 2024; and to consider restate the Companys Articles of Association to replace Article39.
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$4.57, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 63% over the past year.
Reported Earnings • Jul 01Full year 2023 earnings released: EPS: US$0.099 (vs US$0.12 in FY 2022)Full year 2023 results: EPS: US$0.099 (down from US$0.12 in FY 2022). Revenue: US$9.70m (up 24% from FY 2022). Net income: US$3.40m (down 2.7% from FY 2022). Profit margin: 35% (down from 45% in FY 2022). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.88, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 31x in the Capital Markets industry in the US. Total loss to shareholders of 80% over the past year.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$7.17, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 31x in the Capital Markets industry in the US. Total loss to shareholders of 55% over the past year.
Board Change • May 30High 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 Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorates as stock falls 81%After last week's 81% share price decline to US$9.92, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 27x in the Capital Markets industry in the US.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$6.61, the stock trades at a trailing P/E ratio of 51.9x. Average trailing P/E is 30x in the Capital Markets industry in the US.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$4.28, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 28x in the Capital Markets industry in the US.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$3.92, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 28x in the Capital Markets industry in the US.
Reported Earnings • Jan 08First half 2023 earnings released: EPS: US$0.055 (vs US$0.029 in 1H 2022)First half 2023 results: EPS: US$0.055 (up from US$0.029 in 1H 2022). Revenue: US$5.16m (up 61% from 1H 2022). Net income: US$1.84m (up 112% from 1H 2022). Profit margin: 36% (up from 27% in 1H 2022). The increase in margin was driven by higher revenue.
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. Executive Chairman Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$5.38, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 25x in the Capital Markets industry in the US.
분석 기사 • Nov 01Why We're Not Concerned Yet About TOP Financial Group Limited's (NASDAQ:TOP) 63% Share Price PlungeThe TOP Financial Group Limited ( NASDAQ:TOP ) share price has fared very poorly over the last month, falling by a...
공시 • Nov 01TOP Financial Group Limited Provides Revenue Guidance for the Fiscal Year Ending March 31, 2023 and Six Months Ending September 30, 2023TOP Financial Group Limited provides revenue guidance for the fiscal year ending March 31, 2023 and six months ending September 30, 2023. For the fiscal year ended March 31, 2023, the company expects total revenues to be between USD 9.75 million to USD 10.53 million, representing year-over-year growth of 25% to 35%.For the six months ended September 30, 2023, the company expects total revenues to be between USD 6.5 million to USD 7 million, representing year-over-year growth of 25% to 35%.
Board Change • Nov 01High 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. Executive Chairman Junli Yang is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Sep 02TOP Financial Group Limited (NasdaqCM:TOP) has entered into a Share Purchase Agreement to acquire Top 500 Sec Pty Ltd from PRO800 Limited for AUD 0.7 million.TOP Financial Group Limited (NasdaqCM:TOP) has entered into a Share Purchase Agreement to acquire Top 500 Sec Pty Ltd from PRO800 Limited for AUD 0.7 million on September 1, 2022. The closing of the transaction is conditioned upon completion of due diligence reviews of the Target and any required regulatory approvals.
Seeking Alpha • Aug 17TOP Financial Group GAAP EPS of $0.12, revenue of $7.8MTOP Financial Group press release (NASDAQ:TOP): FY GAAP EPS of $0.12. Revenue of $7.8M (-53.8% Y/Y). Shares -3.72% PM
공시 • Aug 02TOP Financial Group Limited announced delayed 20-F filingOn 08/01/2022, TOP Financial Group Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Seeking Alpha • Jul 22Zhong Yang Financial changes name to TOP Financial GroupZhong Yang Financial Group (NASDAQ:TOP) said it is changing its name to TOP Financial Group, effective Friday. Ticker symbol will remain same "TOP". Based in Hong Kong, the company, through its operating subsidiaries, operates online brokerage platforms specializing in the trading of local and foreign equities, futures, and options products. Earlier: Zhong Yang stock drops 14% ahead of special shareholders' meeting
공시 • Jun 02Zhong Yang Financial Group Limited has completed an IPO in the amount of $25 million.Zhong Yang Financial Group Limited has completed an IPO in the amount of $25 million. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: $5 Discount Per Security: $0.35 Security Name: Ordinary Shares Security Type: Common Stock Price\Range: $5 Discount Per Security: $0.175 Transaction Features: Regulation S