Top Standard (HKSE:08510) Net Margin %: -4.82% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08510 Top Standard Corp HKSE:08510
37 GF Score
Price HK$0.18
GF Value HK$0.17
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Top Standard Net Margin %?

Top Standard HKSE:08510 37 Net Margin % is -4.82% as of Dec. 2025. GuruFocus rates HKSE:08510 with a GF Score™ of 37/100 and a GF Value™ of HK$0.17 (Fairly Valued). The stock has 6 warning signs investors should review. Among 363 Restaurants companies, Top Standard ranks worse than 79.06% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Top Standard's Net Income for the six months ended in Dec. 2025 was HK$-0.45 Mil. Top Standard's Revenue for the six months ended in Dec. 2025 was HK$9.32 Mil. Therefore, Top Standard's net margin for the quarter that ended in Dec. 2025 was -4.82%.

The historical rank and industry rank for Top Standard's Net Margin % or its related term are showing as below:

HKSE:08510' s Net Margin % Range Over the Past 10 Years
Min: -258.41   Med: -24   Max: 66.24
Current: -5.11


HKSE:08510's Net Margin % is ranked worse than
79.06% of 363 companies
in the Restaurants industry
Industry Median: 2.01 vs HKSE:08510: -5.11

Top Standard  (HKSE:08510) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Top Standard Net Margin % Related Terms


Top Standard Net Margin % Historical Data

* Premium members only.

The historical data trend for Top Standard's Net Margin % 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.

Top Standard Net Margin % Chart

Top Standard Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.97 -60.14 66.24 -68.41 -5.11

Top Standard Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -144.28 -62.87 -71.37 -5.37 -4.82

HKSE:08510 vs MCD, SBUX, CMG: Net Margin % Comparison

For the Restaurants subindustry, Top Standard's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Top Standard's Net Margin % distribution charts can be found below:

* The bar in red indicates where Top Standard's Net Margin % falls into.


HKSE:08510
37GF Score
Top Standard Corp HKSE:08510
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Standard Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Top Standard's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-1.007/19.708
=-5.11 %

Top Standard's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-0.449/9.323
=-4.82 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -4.82% mean?
Top Standard (HKSE:08510) has a Net Margin % of -4.82% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Top Standard and its competitors. According to the industry distribution chart, Top Standard ranks #287 out of 363 companies in the Restaurants industry, placing it in the top 79.1%.
Is Top Standard's Net Margin % too high?
Top Standard's current Net Margin % is -4.82%. Based on the distribution chart, Top Standard ranks #287 out of 363 companies in the Restaurants industry, which is in the bottom quartile relative to peers. 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 Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Top Standard ranks #287 out of 363 companies for Net Margin %. This places Top Standard in the lower half of its industry. The industry median Net Margin % is 2.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.01, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Top Standard and its competitors. For the Restaurants industry, the median Net Margin % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Standard's current Net Margin % is -4.82%. 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 Net Margin % is -4.82%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Top Standard (HKSE:08510), the current Net Margin % is -4.82% 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:

  • Net Margin %: -4.82%
  • GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
  • GF Score™: 37/100 with 6 warning signs

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 Business Description

Address 87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
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

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.18
Price
HK$0.17
GF Value