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Company research

Top Wealth Group Holding Ltd

CIK 1978057Updated Sep 26, 2026

TWG price & chart

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About the company

Top Wealth Group Holding Limited is a holding company incorporated in the Cayman Islands, with all operations carried out through its operating subsidiary in Hong Kong, Top Wealth Group (International) Limited. The Company specializes in supplying premium-class sturgeon caviar, and its caviar and caviar products are endorsed with the Convention on International Trade in Endangered Species of Wild Fauna and Flora (“CITES”) permits. The Company supplies caviar to customers under customer brand labels (i.e. private labeling), and also sells under its own brand, “Imperial Cristal Caviar,” which has continuously achieved significant sales growth since its launch.

6-K · 2026-09-23 · 0001213900-26-102372

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue9,129,706USD · FY 2025
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

Net income3,189,946USD · FY 2025
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

Operating income— · FY 2025
Diluted EPS3.87USD per share · FY 2025
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD29,432,372
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

19,784,932
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

7,348,982
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

3,432,169
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Property, Plant and Equipment, NetUSD72,658
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

72,658
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

134,538
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

368,197
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD2,387,158
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

42,380
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

134,350
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

217,384
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Accounts Receivable, after Allowance for Credit Loss, CurrentUSD9,249,046
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

1,563,289
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2024-12-31

5,972,736
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

33,382
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Inventory, NetUSD3,545,854
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

—153,209
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

2,071,708
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Assets, CurrentUSD17,440,470
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

3,779,098
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

7,129,775
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

2,979,171
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Operating Lease, Right-of-Use AssetUSD85,919
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

—40,421
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

71,076
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD1,670,997
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

—2,396,346
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

920,317
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD14,351
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

5,600
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

2,700
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

2,700
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Additional Paid in CapitalUSD22,267,672
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

16,325,412
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

641,015
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

638,326
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Retained Earnings (Accumulated Deficit)USD5,479,352
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

2,289,406
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

4,308,921
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

1,870,826
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD27,761,375
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

18,620,418
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

4,952,636
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

2,511,852
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Liabilities and EquityUSD29,432,372
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

19,784,932
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

7,348,982
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

3,432,169
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD1,635,766
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

1,164,514
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

2,396,346
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

902,554
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Operating Lease, Liability, CurrentUSD50,688
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

—40,421
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

53,313
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Accounts Payable, CurrentUSD472,255
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

——200,608
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Operating Lease, Liability, NoncurrentUSD35,231
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

——17,763
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD1,658,844
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

———
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD7,685,757
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-4,409,447
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

5,932,488
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

40,219
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Increase (Decrease) in InventoriesUSD3,545,854
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

1,351,188
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

-1,918,499
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

1,822,381
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Increase (Decrease) in Accounts PayableUSD472,255
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

—-200,608
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

200,608
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Deferred Income Tax Expense (Benefit)USD——-30,523
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

-7,832
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-6,194,419
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

887,554
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

-863,616
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

120,260
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD4,099,851
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-15,888,928
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

—-481,173
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Payments for (Proceeds from) Other Investing ActivitiesUSD-4,099,851
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

———
Payments to Acquire Property, Plant, and EquipmentUSD———481,173
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD4,439,346
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

14,909,404
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

780,582
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

576,912
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD2,387,158
Source

20-F · 2026-05-15 · 0001213900-26-057962

As of 2025-12-31

42,380
Source

20-F · 2025-05-16 · 0001213900-25-044770

As of 2024-12-31

134,350
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2023-12-31

217,384
Source

20-F · 2024-05-29 · 0001213900-24-047264

As of 2022-12-31

Supplemental disclosure of cash flow information:
Income Taxes Paid, NetUSD166,667
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

———
Additional Financial Items
DepreciationUSD—61,880
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

233,659
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

173,215
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD1,210,350
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

1,602,251
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

1,846,759
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

466,477
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD——607,153
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

362,587
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD3,189,946
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-2,019,515
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

2,438,095
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

1,917,771
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Total RevenueUSD9,129,706
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

4,747,580
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

16,943,287
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

8,512,929
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Cost of Goods and Services Sold————
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD3,189,946
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-2,019,515
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

3,045,248
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

2,280,358
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD——607,153
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

362,587
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD3,189,946
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-2,019,515
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

2,438,095
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

1,917,771
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Earnings Per Share, BasicUSD per share4.35
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-0.06
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

0.09
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

0.07
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Earnings Per Share, DilutedUSD per share3.87
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

-0.06
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

0.09
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

0.07
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Basicshares733,053
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

34,237,705
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

27,000,000
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

27,000,000
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares823,793
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

34,237,705
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

27,000,000
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

27,000,000
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD——637,676
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

370,419
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD1,210,350
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

1,602,251
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

1,846,759
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

466,477
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Gross ProfitUSD6,809,651
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

2,506,713
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

5,387,281
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

4,203,182
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Other General and Administrative ExpenseUSD——233,659
Source

20-F · 2024-05-29 · 0001213900-24-047264

2023-01-01 to 2023-12-31

173,215
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Selling and Marketing ExpenseUSD———1,418,141
Source

20-F · 2024-05-29 · 0001213900-24-047264

2022-01-01 to 2022-12-31

Selling ExpenseUSD2,409,355
Source

20-F · 2026-05-15 · 0001213900-26-057962

2025-01-01 to 2025-12-31

1,419,667
Source

20-F · 2025-05-16 · 0001213900-25-044770

2024-01-01 to 2024-12-31

——

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

ea030636801ex99-1.htm · 6-K · 2026-09-23

Exhibit 99.1 TOP WEALTH GROUP HOLDING LIMITED ISSUES POSITIVE PROFIT ALERT Lille, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Top Wealth Group Holding Limited (NASDAQ: TWG)(“Top Wealth” or the “Company”), a leading supplier of premium sturgeon caviar and fine wine products, today announced a positive profit alert for the current financial year ending December 31, 2026. The Company expects net profit attributable to ordinary shareholders for the current financial year to record an increase of no less t…

6-K · 2026-09-23 · 0001213900-26-102372

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ea030618101ex99-1.htm · 6-K · 2026-09-22

Exhibit 99.1 PREMIUM WINE AND CAVIAR COMPANY TOP WEALTH GROUP HOLDING LIMITED RELOCATES GLOBAL HEADQUARTERS FROM HONG KONG, CHINA TO LILLE, FRANCE, SIGNALING STRATEGIC PIVOT TO GLOBAL MARKETS Lille, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Top Wealth Group Holding Limited (NASDAQ: TWG)(“Top Wealth” or the “Company”), a distinguished purveyor of high-quality caviar and fine wines, today announced the relocation of its corporate headquarters from Hong Kong, China to Lille, France. This strategic move …

6-K · 2026-09-22 · 0001213900-26-101986

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