Top KingWin Ltd(WAI)Earnings, Financials & Key Ratios
WAI•NASDAQ•Banking & Credit
$2.17
$255023 mkt cap·Price updated May 6, 2026
AboutTop KingWin Ltd provides corporate business training, corporate consulting, and advisory and transaction services in the People's Republic of China. It serves entrepreneurs and executives in small and medium enterprises. The company was founded in 2018 and is headquartered in Guangzhou, China. Top KingWin Ltd operates as a subsidiary of Xu Ruilin Capital CO., Ltd.Show more
- Net Interest Income$0
- Total Revenue$4M-31.2%
- Net Income-$9M-240.7%
- Return on Equity-40.27%+27.1%
- Net Interest Margin0%
- Efficiency Ratio225.57%+102.2%
- ROA-33.5%-0.8%
- Equity / Assets85.87%+18.7%
- Book Value per Share303.79+2320.5%
- Tangible BV/Share303.25+3973.3%
- Debt/Equity0.07+41.1%
WAI Key Insights
Top KingWin Ltd (WAI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Well capitalized: 85.9% equity/assets
- ✓Share count reduced 80.1% through buybacks
- ✓Diversified revenue: 100.0% from non-interest income
- ✓Trading at only 0.0x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗High cost structure: 225.6% efficiency ratio
- ✗Weak momentum: RS Rating 17 (bottom 17%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WAI Price & Volume
Top KingWin Ltd (WAI) stock price & volume — 10-year historical chart
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WAI Growth Metrics
Top KingWin Ltd (WAI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-15.85%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years12.67%
5 Years12.67%
3 Years-39.08%
Last Year-32.74%
WAI Peer Comparison
Top KingWin Ltd (WAI) competitors in Investment Banking and M&A Advisory — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLPS | 25.89M | 0.93 | -3.56 | 15.17% | -1.27% | -6.06% | 0.59 | |
 RETO | 356.46K | 0.65 | -0.04 | -43.49% | -291.88% | -183.45% | 0.00 | |
 AIXI | 7.9M | 0.75 | -0.47 | 18.84% | -45.89% | |||
 CNET | 1.99M | 0.75 | -0.40 | -49.52% | -33.36% | -60.34% | 0.03 | |
 FTFT | 7.02M | 1.39 | -0.60 | 77.47% | -120.63% | -16.38% | 0.04 | |
 JFIN | 532.44M | 4.93 | 1.69 | 6.11% | 26.17% | 39.74% | 0.02 | |
 QFIN | 3.9B | 13.75 | 2.24 | 5.38% | 28.76% | 0.07 | ||
 LXEH | 1.39M | 1.19 | -0.39 | -35.45% | -179.26% | -83.46% | 0.90 |
Compare WAI vs Peers
Top KingWin Ltd (WAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WAI Income Statement
Top KingWin Ltd (WAI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| NII Growth % | - | - | - | - | - | 0% |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% | 0% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 461.04K | 1.36M | 957.11K | 1.86M | 2.42M | 884.53K |
| Non-Interest Income | 1.33M | 6.29M | 3.12M | 5.45M | 3.75M | 3.32M |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% |
| Total Revenue | 1.33M▲ 0% | 6.29M▲ 371.9% | 3.12M▼ 50.4% | 5.45M▲ 74.5% | 3.75M▼ 31.2% | 3.32M▲ 0% |
| Revenue Growth % | - | 371.89% | -50.4% | 74.48% | -31.16% | -89.31% |
| Non-Interest Expense | 493.03K | 1.89M | 3.08M | 6.08M | 8.46M | 1.88M |
| Efficiency Ratio | 36.96% | 30.1% | 98.8% | 111.54% | 225.57% | 56.56% |
| Operating Income | 379.86K▲ 0% | 3.04M▲ 701.1% | -919.79K▼ 130.2% | -2.49M▼ 170.4% | -7.13M▼ 186.7% | 558.26K▲ 0% |
| Operating Margin % | 28.48% | 48.35% | -29.46% | -45.66% | -190.12% | 16.81% |
| Operating Income Growth % | - | 701.15% | -130.22% | -170.42% | -186.65% | - |
| Pretax Income | 379.48K▲ 0% | 3.09M▲ 713.2% | -892.6K▼ 128.9% | -2.44M▼ 173.0% | -8.09M▼ 232.0% | 605.5K▲ 0% |
| Pretax Margin % | 28.45% | 49.02% | -28.59% | -44.74% | -215.77% | 18.23% |
| Income Tax | 39.52K | 777.22K | -121.11K | 115.09K | 54.53K | 169.82K |
| Effective Tax Rate % | 10.41% | 25.19% | 13.57% | -4.72% | -0.67% | 28.05% |
| Net Income | 339.97K▲ 0% | 2.31M▲ 579.1% | -771.48K▼ 133.4% | -2.55M▼ 230.2% | -8.68M▼ 240.7% | 435.68K▲ 0% |
| Net Margin % | 25.49% | 36.68% | -24.71% | -46.76% | -231.43% | 13.12% |
| Net Income Growth % | - | 579.07% | -133.42% | -230.23% | -240.68% | - |
| Net Income (Continuing) | 339.97K | 2.31M | -771.48K | -2.55M | -8.15M | 435.68K |
| EPS (Diluted) | 0.08▲ 0% | 0.61▲ 630.5% | -0.19▼ 131.1% | -0.61▼ 221.1% | -10.05▼ 1547.5% | -▲ 0% |
| EPS Growth % | - | 630.54% | -131.15% | -221.05% | -1547.54% | - |
| EPS (Basic) | 0.08 | 0.61 | -0.19 | -0.61 | -10.05 | - |
| Diluted Shares Outstanding | 590K | 590K | 590K | 590K | 117.52K | 590K |
WAI Balance Sheet
Top KingWin Ltd (WAI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 171.33K | 3.82M | 2.65M | 4.59M | 2.81M | 6.47M |
| Cash & Due from Banks | 171.33K | 3.82M | 2.65M | 4.59M | 2.81M | 2.65M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 0 | 0 | 173 | 0 | 0 | 173 |
| Investments Growth % | - | - | - | -100% | - | 0% |
| Long-Term Investments | 0 | 0 | 173 | 0 | 0 | 173 |
| Accounts Receivables | 731.08K | 921.24K | 95.69K | 419.97K | 520.67K | 95.69K |
| Goodwill & Intangibles | 0 | 20.06K | 30.54K | 3.01M | 63.33K | 30.54K |
| Goodwill | 0 | 0 | 0 | 2.97M | 0 | 0 |
| Intangible Assets | 0 | 20.06K | 30.54K | 38.62K | 63.33K | 30.54K |
| PP&E (Net) | 790.25K | 896.21K | 772.98K | 597.81K | 761.45K | 772.98K |
| Other Assets | 0 | 0 | 1.31M | 13.46K | 0 | 1.31M |
| Total Current Assets | 1M | 4.96M | 2.86M | 6.61M | 40.75M | 2.86M |
| Total Non-Current Assets | 790.25K | 916.27K | 2.23M | 3.62M | 824.78K | 2.23M |
| Total Assets | 1.79M▲ 0% | 5.88M▲ 227.5% | 5.09M▼ 13.5% | 10.24M▲ 101.2% | 41.58M▲ 306.1% | 5.09M▲ 0% |
| Asset Growth % | - | 227.51% | -13.45% | 101.22% | 306.1% | -13.45% |
| Return on Assets (ROA) | 18.94% | 60.17% | -14.07% | -33.25% | -33.5% | 7.95% |
| Accounts Payable | 273.87K | 838.07K | 264.01K | 528.1K | 582.14K | 264.01K |
| Total Debt | 654.21K | 645.05K | 562.38K | 381.14K | 2.59M | 562.38K |
| Net Debt | 482.88K | -3.17M | -2.09M | -4.21M | -222.02K | -2.09M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 15.1K | 20.43K | 23.81K | 27.09K | 2.03M | 23.81K |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 805.37K | 2.59M | 2.89M | 2.67M | 5.59M | 2.89M |
| Total Non-Current Liabilities | 540.37K | 494.43K | 373.07K | 161.89K | 282.45K | 373.07K |
| Total Liabilities | 1.35M | 3.08M | 3.27M | 2.83M | 5.88M | 3.27M |
| Total Equity | 449.25K▲ 0% | 2.8M▲ 522.6% | 1.82M▼ 34.9% | 7.4M▲ 306.4% | 35.7M▲ 382.1% | 1.82M▲ 0% |
| Equity Growth % | - | 522.58% | -34.86% | 306.42% | 382.14% | -34.86% |
| Equity / Assets (Capital Ratio) | 25.03% | 47.58% | 35.81% | 72.33% | 85.87% | 35.81% |
| Return on Equity (ROE) | 75.67% | 142.24% | -33.41% | -55.22% | -40.27% | 18.86% |
| Book Value per Share | 0.76 | 4.74 | 3.09 | 12.55 | 303.79 | 3.09 |
| Tangible BV per Share | 0.76 | 4.71 | 3.04 | 7.44 | 303.25 | 3.04 |
| Common Stock | 10 | 1.2K | 1.2K | 1.48K | 18.3K | 1.2K |
| Additional Paid-in Capital | 114.73K | 114.73K | 114.73K | 8.28M | 45.28M | 114.73K |
| Retained Earnings | 284.64K | 2.34M | 1.56M | -928.31K | -9.61M | 1.56M |
| Accumulated OCI | 49.88K | 347.18K | 143.7K | 56.75K | 8.1K | 143.7K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 |
WAI Cash Flow Statement
Top KingWin Ltd (WAI) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | 184.22K | 3.77M | -207.31K | -1.65M | -39.38M | -39.38M |
| Operating CF Growth % | - | 1948.84% | -105.49% | -694.17% | -2292.02% | -111.02% |
| Net Income | 339.97K | 2.31M | -771.48K | -2.55M | -8.68M | 435.68K |
| Depreciation & Amortization | 9.45K | 35.43K | 64.66K | 11.21K | 12.59K | 27.83K |
| Deferred Taxes | 0 | 0 | -121.11K | 16.24K | 0 | 0 |
| Other Non-Cash Items | 0 | 13.95K | 1.3M | -1.96K | 4.48M | -35.32K |
| Working Capital Changes | -165.2K | 1.42M | -677.97K | 875.83K | -36.97M | 954.45K |
| Cash from Investing | -129.59K | -151.54K | -6.78K | -4.06M | 335.12K | -86.48K |
| Purchase of Investments | 0 | -240.36K | 0 | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 240.36K | 0 | 0 | 0 | 0 |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | -3.97M | 54.06K | 0 |
| Other Investing | 0 | -19.96K | 25.42K | -14.91K | 288.56K | -6.08K |
| Cash from Financing | 101.86K | 52.03K | 45.17K | 7.77M | 37.27M | 87.02K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 71.3K | 0 | 0 | 8.16M | 35.25M | 0 |
| Net Stock Activity | 71.3K | 0 | 0 | 8.16M | 35.25M | 0 |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 1000K | 0 |
| Other Financing | 30.56K | 52.03K | 45.17K | -388.9K | 69.49K | 87.02K |
| Net Change in Cash | 166.9K▲ 0% | 3.72M▲ 2131.4% | -229.4K▼ 106.2% | 1.99M▲ 969.6% | -1.83M▼ 192.0% | 1.65M▲ 0% |
| Exchange Rate Effect | 10.41K | 49.2K | -60.48K | -68.79K | -61.33K | 268.12K |
| Cash at Beginning | 4.43K | 171.33K | 3.9M | 2.65M | 4.65M | 2.55M |
| Cash at End | 171.33K | 3.9M | 2.65M | 4.65M | 2.81M | 2.65M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 1.36K | 398.04K | 480.26K | 0 | 422 | 611.51K |
| Free Cash Flow | 54.63K▲ 0% | 564.83K▲ 933.9% | -1.44M▼ 355.2% | -1.74M▼ 20.5% | -39.44M▼ 2169.5% | 1.45M▲ 0% |
| FCF Growth % | - | 933.9% | -355.23% | -20.53% | -2169.5% | - |
WAI Banking Ratios
Top KingWin Ltd (WAI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 142.24% | -33.41% | -55.22% | -40.27% | 18.86% |
| Return on Assets (ROA) | 60.17% | -14.07% | -33.25% | -33.5% | 7.95% |
| Net Interest Margin | 0% | 0% | 0% | 0% | 0% |
| Efficiency Ratio | 30.1% | 98.8% | 111.54% | 225.57% | 56.56% |
| Equity / Assets | 47.58% | 35.81% | 72.33% | 85.87% | 35.81% |
| Book Value / Share | 4.74 | 3.09 | 12.55 | 303.79 | 3.09 |
| Dividend Payout | - | - | - | - | 0% |
WAI Frequently Asked Questions
Top KingWin Ltd (WAI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Top KingWin Ltd (WAI) saw revenue decline by 31.2% over the past year.
Top KingWin Ltd (WAI) reported a net loss of $8.7M for fiscal year 2024.
Dividend & Returns
Top KingWin Ltd (WAI) has a return on equity (ROE) of -40.3%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Top KingWin Ltd (WAI) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.
Top KingWin Ltd (WAI) has an efficiency ratio of 225.6%. This is higher than peers, suggesting room for cost optimization.
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