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AsiaStrategy (SORA)

USD1.84 -0.03 (-1.60%)
HK NASDAQ Consumer Cyclical Apparel - Footwear & Accessories
Address Sunshine Plaza 518055
Hong Kong, HK
CEO Kwan Ngai
IPO 2025-05-27
CIK 2033515 ISIN KYG8946B1086

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Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD1.84 -0.03 (-1.60%)
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Volume Profile
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Liquidity & share structure
Average Volume
12.5K
Beta
7.92
Float Shares
4.86M
Free Float %
19.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.79% +30.14% +2.15% +46.15% -26.55% -6.56% -66.39% -52.50% -52.50% -52.50% -52.50%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.84
Quality scores
Altman Z-Score
23.42
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Footwear & Accessories: +5.0%
    -92.0% Q4'25: -92.7% (vs Q2'23)
  • EPS growth Apparel - Footwear & Accessories: +5.0%
    +3,315.0% Q4'25: +387.5% (vs Q2'23)
  • FCF margin FCF growth · Apparel - Footwear & Accessories: +7.7%
    -41.5% Q4'25: -178.8% (vs Q2'23)
  • EBIT margin Apparel - Footwear & Accessories: +8.8%
    -14.4% Q4'25: -16.0% (vs Q2'23)
  • ROIC Apparel - Footwear & Accessories: +7.3%
    -9.2% Q4'25: -24.5% (vs Q2'23)
  • Share dilution Apparel - Footwear & Accessories: +0.0%
    +19.5% Q4'25: +24.3% (vs Q2'23)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Footwear & Accessories: -0.25×
    -9.59× Q4'25: -3.71× (vs Q2'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (8.14) × ERP
WACC = 97% × Ke + 3% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.84
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-27 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-26 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-22 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-21 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-20 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-19 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-18 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-15 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-14 B- 3/5 1/5 5/5 5/5 2/5 1/5 1/5
2026-05-13 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-12 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-11 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-08 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-07 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-06 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5
2026-05-05 B 3/5 1/5 5/5 5/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-462.5K
OE per share TTM
-0.02
Owner's Yield
-0.65%
Maintenance CapEx ratio
0.21%
Maint CapEx / Avg PPE
0.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
6
Total invested
67.5K
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
6
+1 vs prev Q
New positions
2
Closed positions
1
Increased
2
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 GEODE CAPITAL MANAGEMENT, LLC 15.1K +— (+0.0%) 30.2K -16.0K (-34.6%) 0.06% +0.000 pp 0.00% +0.000 pp USD6.38 -68.8% 4 qtrs
2 WEDBUSH SECURITIES INC 13.3K +— (+0.0%) 27.0K -14.0K (-34.1%) 0.05% +0.000 pp 0.00% 0.000 pp USD4.49 -55.7% 3 qtrs
3 1.5K +— (+0.0%) 3.0K -1.6K (-34.6%) 0.01% +0.000 pp 0.00% +0.000 pp USD3.05 -34.8% 2 qtrs
4 TOWER RESEARCH CAPITAL LLC (TRC) 1.4K +1.4K (+100.0%) 2.8K +2.8K (+100.0%) 0.01% +0.006 pp 0.00% +0.000 pp USD1.99 +0.0% 1 qtrs NEW
5 UBS GROUP AG 1.3K +1.3K (+100.0%) 2.5K +2.5K (+100.0%) 0.01% +0.005 pp 0.00% +0.000 pp USD1.99 +0.0% 4 qtrs
6 BLACKROCK, INC. 979.00 +— (+0.0%) 1.9K -1.0K (-34.8%) 0.00% +0.000 pp 0.00% +0.000 pp USD6.38 -68.8% 4 qtrs
7 MORGAN STANLEY -7.8K (-100.0%) -23.9K (-100.0%) 0.00% -0.032 pp 0.00% +0.000 pp USD 4 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
Shares disposed
Cash buys
Cash sales
Net activity
+0
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-18 YEN JUNG-HUI Director 0 0.00 0
2026-03-18 Wong Fung Yee Mary Director / Officer 0 0.00 0
2026-03-18 TAO YUNMING Mr. Director 0 0.00 0
2026-03-18 Ngai Kwan Director / Officer 0 0.00 0
2026-03-18 HO MAN WA CLAUDIA Officer 0 0.00 0
2026-03-18 Fang Jason Kin Hoi Director / Officer Ordinary Shares, par value $0.0005 per share 0 0.00 14,450,000 I
2026-03-18 Chen Shuo Director 0 0.00 0

Executive team

Top executives
EBIT / Employee
-28.9K
Shares Outstanding
24.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-30 20-F
2026-04-21 6-K
2026-04-17 3
2026-04-16 3
2026-03-18 3
2026-03-18 3
2026-03-18 3
2026-03-18 3
2026-03-18 3
2026-03-05 6-K

Executive team

NameTitleCompensationGender
Fung Yee Wong Chief Financial Officer & Director female
Kin Hoi Fang Co-CEO & Chairman of the Board male
Kwan Ngai Co-CEO & Director male
Man Wa Chief Operating Officer female
Tong Liu Chief Investment Officer male
ESG Rating
B
APPAREL - FOOTWEAR & ACCESSORIES
Rank: 13 out of 16
2025
E (Environmental)
63.9 / 84.8
Company / Sector avg.
S (Social)
58.1 / 78.4
Company / Sector avg.
G (Governance)
62.8 / 77.3
Company / Sector avg.
ESG Total
61.6 / 80.2
Company / Sector avg.
ESG Score History APPAREL - FOOTWEAR & ACCESSORIES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings reports

Stock splits