Top Standard Corp

Chart & Performance

D1W1MN

P/E

3.71

P/S

2.46

EPS

0.03

Div Yield, %

—

Shrs. gr., 5y

-29.52%

Rev. gr., 5y

-41.21%

Revenues

-27.31%

Net income

CFO

-2m

Earnings

Jun 20, 2025

Profile

Top Standard Corporation, an investment holding company, operates full-service restaurants in Hong Kong. The company operates through two segments, Code and MOW. It operates bar restaurant under the Code brand; and sells wines online under the MOW brand. The company was founded in 2008 and is based in Hong Kong, Hong Kong. Top Standard Corporation is a subsidiary of JSS Group Corporation.

URL

https://topstandard.com.hk/en/

IPO date

Feb 13, 2018

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03
Income
Revenues	9,072 -27.31%	12,480 87.75%
Cost of revenue	10,821	9,719
Unusual Expense (Income)
NOPBT	(1,749)	2,761
NOPBT Margin		22.12%
Operating Taxes		1,582
Tax Rate		57.30%
NOPAT	(1,749)	1,179
Net income	6,009 -157.97%	(10,365) 5.45%
Dividends
Dividend yield
Proceeds from repurchase of equity	3,504
BB yield	-132.53%
Debt
Debt current	4,020	3,344
Long-term debt	11,548	11,223
Deferred revenue
Other long-term liabilities	21	221
Net debt	12,902	13,388
Cash flow
Cash from operating activities	(2,111)	6,871
CAPEX	(6,381)	(5,766)
Cash from investing activities	(6,492)	(5,854)
Cash from financing activities	9,832	(3,058)
FCF	(10,651)	(2,591)
Balance
Cash	2,416	1,179
Long term investments	250
Excess cash	2,212	555
Stockholders' equity	(108,270)	12,414
Invested Capital	109,444	(8,652)
ROIC
ROCE
EV
Common stock shares outstanding	139,149	138,240
Price	0.02 -57.78%	0.05 -22.41%
Market cap	2,644 -57.50%	6,221 -10.67%
EV	12,154	145,077
EBITDA	1,318	4,555
EV/EBITDA	9.22	31.85
Interest	626	623
Interest/NOPBT		22.56%