Takung Art Co Net Tangible Assets

Takung Art Co posts a net tangible assets of $59M as of June 2023. That compares with $25M in the prior-year period — up 136.4% year over year. 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 net tangible assets was $25M. The latest reading is $59M — a 136.4% year-over-year increase (period ending June 2023). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Takung Art Co's financial statement story. At $59M, 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 net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, 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.

Judging Takung Art Co against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $59M here, then scan peer and history charts to see if the gap is persistent.