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AsiaStrategy

SORA

NASDAQConsumer CyclicalLuxury Goods

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Previous close

$1.97

−$0.12 · -5.74%

Aug 21, 4:00 PM ET

SORA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

39

Expensive

Momentum

24

Weakening

Sentiment

55

Mixed

Risk resilience

1

Extreme Risk

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Company profile

Company website

AsiaStrategy, through its various entities, is engaged in the procurement, distribution, and direct sale of high-end timepieces across Hong Kong. The firm provides an extensive portfolio of luxury watch brands, featuring esteemed names like Omega, Cartier, Rolex, Longines, Audemars Piguet, Patek Philippe, Blancpain, Casio, Breguet, and Hublot. Its primary customer base comprises business-to-business (B2B) partners, including wholesale distributors, independent horology retailers, and other commercial sellers. Established in 2001, the enterprise's central operations are based in Wan Chai, Hong Kong. Previously identified as Top Win International Limited, it is scheduled to officially adopt the name AsiaStrategy in August 2025. This company functions as a subsidiary of Pride River Limited.

Industry
Luxury Goods
Sector
Consumer Cyclical
Headquarters
HK
CEO
Kwan Ngai
Listed since
Apr 2, 2025
Employees
7

Market position

Day range

Current $1.97

52-week range

Current $1.97

Open
$2.09
Previous close
$2.09
Volume
18.72K
0.28× average
Average volume
67.43K
Average daily volume
Market cap
48.98M USD
Beta
7.99
Market reference 1
50-day average
$2.0971
-6.06% below average
200-day average
$2.5578
-22.98% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
30.21×
P/B (TTM)
17.02×
P/S (TTM)
34.76×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
2.58%
Operating margin
-14.35%
Net margin
111.91%

Financial health

Debt / equity
0.65×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends125%74%24%-27%Gross margin, FY2022: 8.88%Gross margin, FY2023: 7.29%Gross margin, FY2024: 8.04%Gross margin, FY2025: 2.58%Operating margin, FY2022: 1.36%Operating margin, FY2023: 2.80%Operating margin, FY2024: 1.30%Operating margin, FY2025: -14.35%Net margin, FY2022: 0.51%Net margin, FY2023: 1.05%Net margin, FY2024: -0.24%Net margin, FY2025: 111.91%FY2022FY2023FY2024FY2025
Gross margin FY2022 8.88%. Gross margin FY2023 7.29%. Gross margin FY2024 8.04%. Gross margin FY2025 2.58%. Operating margin FY2022 1.36%. Operating margin FY2023 2.80%. Operating margin FY2024 1.30%. Operating margin FY2025 -14.35%. Net margin FY2022 0.51%. Net margin FY2023 1.05%. Net margin FY2024 -0.24%. Net margin FY2025 111.91%.

Income trends

Revenue

1.41M USD-92.00%

Operating income

−202.16K USD−430.57K USD

Net income

1.58M USD+1.62M USD
Income trends across reported periods20.72M USD13.11M USD5.5M USD−2.1M USDRevenue, FY2022: 14.23M USDRevenue, FY2023: 18.81M USDRevenue, FY2024: 17.62M USDRevenue, FY2025: 1.41M USDOperating income, FY2022: 193.52K USDOperating income, FY2023: 526.76K USDOperating income, FY2024: 228.41K USDOperating income, FY2025: −202.16K USDNet income, FY2022: 71.99K USDNet income, FY2023: 196.73K USDNet income, FY2024: −42.22K USDNet income, FY2025: 1.58M USDFY2022FY2023FY2024FY2025
Revenue FY2022 14.23M USD. Revenue FY2023 18.81M USD. Revenue FY2024 17.62M USD. Revenue FY2025 1.41M USD. Operating income FY2022 193.52K USD. Operating income FY2023 526.76K USD. Operating income FY2024 228.41K USD. Operating income FY2025 −202.16K USD. Net income FY2022 71.99K USD. Net income FY2023 196.73K USD. Net income FY2024 −42.22K USD. Net income FY2025 1.58M USD.
Metric (USD)FY2025FY2024FY2023FY2022
Revenue1.41M USD17.62M USD18.81M USD14.23M USD
Cost of goods sold1.37M USD16.2M USD17.44M USD12.96M USD
Gross profit36.42K USD1.42M USD1.37M USD1.26M USD
Selling, general, and administrative1.96M USD1.19M USD845.47K USD1.07M USD
Operating expenses238.58K USD1.19M USD845.47K USD1.07M USD
Interest income15.45K USD1.7K USD488 USD322 USD
Interest expense37.99K USD283.02K USD336.82K USD170.54K USD
Depreciation and amortization12.54K USD1.21K USD1.71K USD2.27K USD
Operating income−202.16K USD228.41K USD526.76K USD193.52K USD
Net income1.58M USD−42.22K USD196.73K USD71.99K USD

Company facts updated Aug 24, 2026.

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