AsiaStrategy

NasdaqCM:SORA Stock Report

Market Cap: US$53.0m

AsiaStrategy Balance Sheet Health

Financial Health criteria checks 3/6

AsiaStrategy has a total shareholder equity of $21.8M and total debt of $14.2M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are $39.7M and $17.9M respectively.

Key information

64.95%

Debt to equity ratio

US$14.16m

Debt

Interest coverage ration/a
CashUS$19.08m
EquityUS$21.80m
Total liabilitiesUS$17.92m
Total assetsUS$39.72m

Recent financial health updates

Recent updates

Seeking Alpha • Jul 14

Top Win International: This Isn't About Luxury Watches Anymore

Summary Top Win International pivoted from a struggling luxury watch business to focus on digital assets, Bitcoin treasury, and Web3 investments. The company's traditional watch segment is in decline, with low margins, weak cash flow, and little relevance to the current investment thesis. Valuation now hinges on Bitcoin accumulation and strategic stakes in digital asset firms, but assumptions are speculative and details remain unclear. Given limited disclosure and a bullish scenario already priced in, I rate Top Win International as 'Hold' due to high-risk and uncertain upside. Read the full article on Seeking Alpha

Financial Position Analysis

Short Term Liabilities: SORA's short term assets ($32.1M) exceed its short term liabilities ($4.9M).

Long Term Liabilities: SORA's short term assets ($32.1M) exceed its long term liabilities ($13.0M).

Debt to Equity History and Analysis

Debt Level: SORA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SORA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SORA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SORA's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 13:32
End of Day Share Price 2026/06/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AsiaStrategy is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.