Takung Art Co Gross Profit

Takung Art Co posts a gross profit of $3.1M as of June 2023. That compares with $-550K in the prior-year period — up 650.0% year over year. That is below the Consumer Discretionary sector average of $360B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Takung Art Co's gross profit was $-550K. The latest reading is $3.1M — a 650.0% year-over-year increase (period ending June 2023). Use the history and growth charts on this page for a longer lookback.

For Consumer Discretionary stocks, a gross profit near $360B is typical. Takung Art Co's $3.1M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Takung Art Co's financial statement story. At $3.1M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TKAT's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $360B), and (3) consistency with growth and profitability. This page covers the first two; Takung Art Co's other metric pages and overview cover the third.