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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Top Standard's shares outstanding for the quarter that ended in Dec. 2025 was 238.88 Mil.
Top Standard's quarterly shares outstanding
increased
from Jun. 2025 (199.07 Mil) to Dec. 2025 (238.88 Mil).
It means Top Standardissued new shares from Jun. 2025 to Dec. 2025 .
Top Standard's annual shares outstanding
increased
from Dec. 2024 (199.07 Mil) to Dec. 2025 (238.88 Mil).
It means Top Standardissued new shares from Dec. 2024 to Dec. 2025 .
Top Standard (HKSE:08510) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Top Standard Shares Outstanding (EOP) Related Terms
Top Standard Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Top Standard's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKSE:08510 vs MCD, SBUX, CMG: Shares Outstanding (EOP) Comparison
For the Restaurants subindustry, Top Standard's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Top Standard Shares Outstanding (EOP) vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Top Standard's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Top Standard's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 238.88 Mil mean?
Top Standard (HKSE:08510) has a Shares Outstanding (EOP) of 238.88 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Top Standard and its competitors.
Is Top Standard's Shares Outstanding (EOP) too high?
Top Standard's current Shares Outstanding (EOP) is 238.88 Mil. Overall, Top Standard has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Standard's Shares Outstanding (EOP) compare to MCD and SBUX?
Top Standard's Shares Outstanding (EOP) of 238.88 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Restaurants company?
A good Shares Outstanding (EOP) depends on the Restaurants industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Top Standard and its competitors. Top Standard's current Shares Outstanding (EOP) is 238.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Standard stock overvalued right now?
Based on GuruFocus' analysis, Top Standard (HKSE:08510) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.18 — trading 3.5% above its estimated fair value. The current Shares Outstanding (EOP) is 238.88 Mil. Top Standard's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Top Standard (HKSE:08510), the current Shares Outstanding (EOP) is 238.88 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Top Standard (HKSE:08510) Overvalued in 2026?
Based on GuruFocus' analysis, Top Standard stock appears to be overvalued.
The current stock price of HK$0.18 is trading 3.5% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Top Standard to be Fairly Valued.
Key valuation signals for HKSE:08510:
Shares Outstanding (EOP): 238.88 Mil
GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
No single metric tells the full story. See the HKSE:08510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Standard Corp is an investment holding company. Along with its subsidiaries, it is engaged in operating restaurants and bars in Hong Kong and Southeast Asia, and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The majority of its revenue comes from food catering services, which include food and beverages served. Geographically, the group generates maximum revenue from Malaysia, and also has a presence in Hong Kong and Singapore.
37GF Score
Get the complete analysis for HKSE:08510
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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