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Top Standard Corp. (8510) AI Stock Analysis
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Top Standard Corp.
(HKEX:8510)
The score is primarily held back by weak financial quality—ongoing losses and a constrained balance sheet with negative equity—despite improving revenue and positive free cash flow. Technical signals are supportive (price above major moving averages with positive MACD), but valuation remains challenged due to negative earnings and no dividend support.
Top Standard Corp. (8510) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 53.75M
- Dividend Yield
- ―
- Average Volume (3M)
- 233.13K
- Price to Earnings (P/E)
- -28.3
- Beta (1Y)
- -0.16
- Revenue Growth
- -6.60%
- EPS Growth
- 86.86%
- Country
- Hong Kong
- Employees
- 51
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Restaurants
Top Standard Corp. Business Overview & Revenue Model
Company Description
Top Standard Corporation, an investment holding company, operates restaurants and bars in Hong Kong and South-east Asia. The company operates through two segments, Catering Service and Online Sale of Wines. It is involved in the operation of restaura...
Top Standard Corp. Financial Statement Overview
Summary
Revenue is growing (TTM +15.9%) and free cash flow is positive, but the company remains loss-making with negative operating profitability. The balance sheet is the biggest concern with persistently negative equity, indicating limited financial flexibility and higher funding/refinancing risk.
Income Statement
38NegativeBalance Sheet
22NegativeCash Flow
44Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.64M | 19.71M | 14.33M | 9.07M | 12.48M | 6.65M |
| Gross Profit | 6.24M | 4.66M | 869.00K | -1.75M | 1.14M | 1.57M |
| EBITDA | -900.50K | -306.00K | -10.55M | 7.63M | -6.37M | -11.49M |
| Net Income | -1.79M | -1.01M | -9.80M | 6.01M | -7.50M | -3.12M |
Balance Sheet | ||||||
| Total Assets | 6.81M | 10.54M | 6.41M | 15.47M | 10.11M | 16.71M |
| Cash, Cash Equivalents and Short-Term Investments | 1.68M | 1.68M | 2.58M | 2.42M | 1.18M | 2.98M |
| Total Debt | 4.46M | 9.81M | 8.24M | 9.42M | 7.46M | 6.54M |
| Total Liabilities | 26.47M | 29.51M | 26.90M | 23.74M | 25.89M | 23.69M |
| Stockholders Equity | -11.53M | -10.74M | -11.53M | -4.88M | -14.36M | -6.89M |
Cash Flow | ||||||
| Free Cash Flow | 1.56M | 425.00K | -1.25M | -8.49M | 1.10M | -14.87M |
| Operating Cash Flow | -210.00K | 456.00K | 1.06M | -2.11M | 6.87M | -14.75M |
| Investing Cash Flow | 803.00K | -318.00K | -2.36M | -6.49M | -5.85M | -173.00K |
| Financing Cash Flow | 629.50K | -982.00K | 1.46M | 9.83M | -3.06M | 8.88M |
Top Standard Corp. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8510, the sentiment is Positive. The current price of 0.22 is below the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.21, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 49.83 is Neutral, neither overbought nor oversold. The STOCH value of 80.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8510.
Top Standard Corp. Peers Comparison
Overall Rating
HK:851051Neutral
HK:844751Neutral
HK:849550Neutral
HK:144345Neutral
HK:843243Neutral
HK:809637Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| 51Neutral | HKD 67.51M | -28.27 | 16.08% | ― | -6.60% | 86.86% | |
| 51Neutral | HKD 51.00M | 12.44 | 27.62% | ― | -6.92% | ― | |
| 50Neutral | HKD 96.00M | 83.97 | 1.99% | ― | -10.32% | 72.73% | |
| 45Neutral | HKD 93.60M | -2.51 | -40.59% | ― | -16.49% | 43.73% | |
| 43Neutral | HKD 39.11M | 1.86 | 82.00% | 13.64% | 2.70% | ― | |
| 37Underperform | HKD 51.98M | -1.96 | -102.38% | ― | 1.93% | -27.49% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:8510 | Top Standard Corp. | 0.22 | 0.09 | 69.70% | |
| HK:1443 | Fulum Group Holdings Ltd. | 0.07 | -0.01 | -12.20% | |
| HK:8096 | Tasty Concepts Holding Limited | 0.11 | -0.01 | -12.20% | |
| HK:8432 | Bar Pacific Group Holdings Ltd. | 0.04 | 0.01 | 37.50% | |
| HK:8447 | MS Concept Ltd. | 0.05 | 0.02 | 54.55% | |
| HK:8495 | 1957 & Co. (Hospitality) Limited | 0.25 | -0.11 | -30.56% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 03, 2026