Takung Art Co Profit Margin

Takung Art Co's profit margin stands at 86.17% as of June 2023. That compares with 27.2% in the prior-year period — down 96.8% year over year. That is above the Consumer Discretionary sector average of 9.32%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Takung Art Co reported 86.17% in profit margin versus 27.2% a year earlier — a 96.8% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Takung Art Co sits higher the Consumer Discretionary benchmark (9.32%) with a profit margin of 86.17%. That is roughly 824.5% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of 86.17% for Takung Art Co means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Takung Art Co's profit margin evolved across reporting periods, while the comparison chart places TKAT next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.