AsiaStrategy balance sheet SORA
As of Dec 31, 2025, AsiaStrategy had total assets of $39.7 million and total liabilities of $17.9 million. Total assets were up 499.4% from a year earlier. Stockholders' equity was $21.8 million. It held $22.6 million in cash and investments against $4.2 million of total debt, net cash of $18.4 million. The current ratio, current assets divided by current liabilities, was 6.51.
USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
|---|---|---|
| Assets | ||
| Cash |
1
-44.5%
|
3
|
| Cash and investments |
23
+754.5%
|
3
|
| Receivables |
0
-69.9%
|
—
|
| Inventory |
7
+228.2%
|
2
|
| Total current assets |
32
+451.7%
|
6
|
| Property and equipment, net |
0
+316.9%
|
0
|
| Total assets |
40
+499.4%
|
7
|
| Liabilities and equity | ||
| Accounts payable |
3
+5533.7%
|
0
|
| Total current liabilities |
5
+143.4%
|
2
|
| Total liabilities |
18
+241.1%
|
5
|
| Stockholders' equity |
22
+1487.5%
|
1
|
| Debt | ||
| Debt due within a year |
1
-83.5%
|
7
|
| Long-term debt |
3
-7.4%
|
3
|
| Total debt |
4
-59.8%
|
10
|
| Net cash |
18
+338.5%
|
-8
|
| Ratios | ||
| Current ratio |
6.51x
|
2.87x
|
| Debt to equity |
0.19x
|
7.54x
|
| Debt to EBITDA |
—
|
45.10x
|
| Return on equity |
56.39%
|
-3.07%
|
| Return on assets |
30.95%
|
-0.64%
|
| Book value per share |
0.88
|
0.06
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.
Company profile
- Industry
- Wholesale-Jewelry, Watches, Precious Stones & Metals (SIC 5094)
- Listed as
- SORA (Nasdaq)
- Incorporated in
- Cayman Islands
- Headquarters
- Hong Kong
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 2033515
- Former names
- Top Win International Ltd (until Aug 22, 2025)
Source: SEC EDGAR filings. This is company-reported data, not investment advice.