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Top KingWin Ltd

WAI

Top KingWin Ltd • NASDAQ
$2.89 ▲ 12.89% (+0.33)
Market Cap $1.33 M
52w High $312.50
52w Low $1.85
Dividend Yield 0%
P/E 0.04
Volume 2.70M
Outstanding Shares 459.58K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2022 $320.6K ▼ $896.616K ▼ $-663.702K ▼ -207.019% ▼ $-0.158 ▼ $-851.327K ▼
Q3-2022 $1.075M ▼ $1.138M ▲ $-495.332K ▼ -46.077% ▼ $-0.122 ▼ $-358.485K ▼
Q4-2021 $3M $981.605K $1.099M 36.641% $0.291 $1.437M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $2.221M ▼ $42.284M ▲ $5.405M ▼ $36.88M ▲
Q4-2024 $2.814M ▼ $41.578M ▲ $5.876M ▲ $35.702M ▲
Q2-2024 $3.099M ▼ $7.646M ▼ $2.202M ▼ $5.444M ▼
Q4-2023 $4.587M ▼ $10.238M ▼ $2.833M ▲ $7.405M ▼
Q2-2023 $4.893M $11.288M $2.508M $8.78M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2022 $-663.702K ▼ $-171.278K ▼ $5.634K ▲ $34.989K ▼ $99.382K ▼ $-16.74K ▼
Q4-2021 $1.099M $1.554M $-92.116K $52.034K $1.552M $1.462M

Five-Year Company Overview

Income Statement

Income Statement Top KingWin’s income statement looks like that of a very small, early‑stage company. Revenue has been minimal and uneven, and the business has recently slipped into a loss rather than showing steady profits. Earnings per share have swung sharply, partly reflecting changes in share structure rather than true underlying strength. Overall, the company has not yet demonstrated a consistent ability to generate meaningful revenue or sustainable profitability, which makes its economic engine still unproven.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small asset base and virtually no recorded debt, which reduces financial leverage risk but also highlights how small the company still is. Equity currently supports most of the assets, but cash resources appear thin, suggesting a limited financial cushion. This profile is typical of a business in transition: not heavily indebted, yet without a deep balance sheet to absorb shocks or fund large growth initiatives purely from internal resources.

Cash Flow

Cash Flow Cash flow from operations has recently been negative, indicating that the company is consuming cash rather than generating it from its day‑to‑day activities. Investment spending is modest, so the main drain appears to come from running and reshaping the business rather than from large capital projects. Free cash flow is therefore negative, meaning the company will likely depend on external funding or a rapid improvement in operating performance to support its expansion plans.

Competitive Edge

Competitive Edge Top KingWin sits at the intersection of two very different arenas. In its traditional business of training and advising smaller Chinese companies on capital markets, it operates in a fragmented market where expertise and relationships matter more than scale, giving it some room to differentiate but also exposing it to many local competitors. Its pivot into AI and robotics pushes it into a far more crowded and demanding field, where it goes up against much larger technology players with deeper resources. The acquisition of a hardware and server provider gives it a potential edge in offering integrated solutions, but its small size and short track record in tech make its long‑term competitive standing uncertain.

Innovation and R&D

Innovation and R&D The company is clearly leaning into innovation, especially with the planned launch of a desktop AI robot and its move into servers and storage hardware through Guji Technology. This shows a willingness to shift from pure services to technology products and infrastructure, aiming to create a more complete AI ecosystem. However, these initiatives are still at an early stage: market acceptance of the robot, the reliability and performance of the hardware business, and the integration between consulting and tech offerings all remain to be proven. The innovation story is promising on paper but carries substantial execution risk.

Summary

Top KingWin is a micro‑scale company in the middle of a major strategic pivot, moving from niche financial training and consulting into AI, robotics, and hardware infrastructure. Financially, it remains very small, loss‑making, and cash‑consuming, with a thin balance sheet and no stable earnings base yet. Strategically, it has interesting ingredients—a defined SME client niche, in‑house hardware capabilities, and a flagship AI robot concept—but it is entering intensely competitive technology markets where many peers are larger and better funded. The overall picture is one of high uncertainty: the upside depends on successful execution of the new tech strategy, while the current accounts still reflect an early‑stage, unproven business rather than a mature, cash‑generating enterprise.

NEWS

September 4, 2025 · 8:00 AM UTC

Top KingWin Ltd Announces 1-For-25 Reverse Share Split

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