Top Standard (HKSE:08510) Operating Margin %: 14.65% (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 Operating Margin %?

Top Standard HKSE:08510 37 Operating Margin % is 14.65% 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 362 Restaurants companies, Top Standard ranks better than 93.65% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Top Standard's Operating Income for the six months ended in Dec. 2025 was HK$1.37 Mil. Top Standard's Revenue for the six months ended in Dec. 2025 was HK$9.32 Mil. Therefore, Top Standard's Operating Margin % for the quarter that ended in Dec. 2025 was 14.65%.

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

HKSE:08510' s Operating Margin % Range Over the Past 10 Years
Min: -38.04   Med: -8.74   Max: 26.15
Current: 17.04


HKSE:08510's Operating Margin % is ranked better than
93.65% of 362 companies
in the Restaurants industry
Industry Median: 4.5 vs HKSE:08510: 17.04

Top Standard's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Top Standard's Operating Income for the six months ended in Dec. 2025 was HK$1.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3.36 Mil.


Top Standard  (HKSE:08510) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Top Standard Operating Margin % Related Terms


Top Standard Operating Margin % Historical Data

* Premium members only.

The historical data trend for Top Standard's Operating 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 Operating Margin % Chart

Top Standard Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.20 5.07 -38.04 -6.81 17.04

Top Standard Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating 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 -86.16 -21.12 0.82 19.18 14.65

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

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

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

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


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

Top Standard Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=3.358 / 19.708
=17.04 %

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

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1.366 / 9.323
=14.65 %

* 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 Operating Margin % →
What does a Operating Margin % of 14.65% mean?
Top Standard (HKSE:08510) has a Operating Margin % of 14.65% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Top Standard and its competitors. According to the industry distribution chart, Top Standard ranks #23 out of 362 companies in the Restaurants industry, placing it in the top 6.4%.
Is Top Standard's Operating Margin % too high?
Top Standard's current Operating Margin % is 14.65%. The Restaurants industry median Operating Margin % is 4.50. Top Standard's value of 14.65% is 225.6% above this industry median. Based on the distribution chart, Top Standard ranks #23 out of 362 companies in the Restaurants industry, which is in the top quartile — a strong position 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 Operating Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Top Standard ranks #23 out of 362 companies for Operating Margin %. This places Top Standard in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.50. Top Standard's value of 14.65% is 225.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Restaurants company?
The median Operating Margin % among Restaurants companies is 4.50, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Top Standard's current Operating Margin % of 14.65% is 225.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Top Standard and its competitors. For the Restaurants industry, the median Operating Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Standard's current Operating Margin % is 14.65%. 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 Operating Margin % is 14.65% and 225.6% above the Restaurants industry median of 4.50. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Top Standard (HKSE:08510), the current Operating Margin % is 14.65% 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:

  • Operating Margin %: 14.65%
  • GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
  • GF Score™: 37/100 with 6 warning signs
  • Industry Position: 225.6% above the Restaurants median (#23 of 362)

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

Operating 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