Takung Art Co Profit Margin

Takung Art Co posts a profit margin of 86.17% as of June 2023. That compares with 2720.14% in the prior-year period — down 96.8% year over year. That is above the Consumer Discretionary sector average of 4.29%. 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 profit margin was 2720.14%. The latest reading is 86.17% — a 96.8% year-over-year decrease (period ending June 2023). Use the history and growth charts on this page for a longer lookback.

For Consumer Discretionary stocks, a profit margin near 4.29% is typical. Takung Art Co's 86.17% is higher that level. That is roughly 1908.6% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Takung Art Co's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 86.17% as of June 2023; use YoY and peer views to separate noise from signal.

Context for TKAT's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 4.29%), 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.