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added 08-14-2023
Takung Art Co., Ltd. Gross Profit 2011-2026 | TKAT
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit Takung Art Co., Ltd.
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.62 M | 120 K | 2.28 M | 1.31 M | 5.92 M | 11.7 M | 18 M | 10.5 M | 4.29 M | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 18 M | 120 K | 6.31 M |
Quarterly Gross Profit Takung Art Co., Ltd.
| 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 549 K | - | 1.42 M | 543 K | - | - | 1.89 M | 691 K | 527 K | - | 291 K | 925 K | 525 K | - | 543 K | 185 K | 268 K | - | 64.1 K | 2.91 M | 3.04 M | - | 3.06 M | 2.65 M | 4.01 M | - | 5.46 M | 4.41 M | 3.53 M | - | 2.49 M | 736 K | 1.1 M | - | 803 K | 368 K | 968 K | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 5.46 M | 64.1 K | 1.63 M |
Gross Profit of other stocks in the Retail apparel industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Boot Barn Holdings
BOOT
|
717 M | $ 186.76 | -1.52 % | $ 5.7 B |  USA |
 |
Chico's FAS
CHS
|
183 M | - | - | $ 910 M | USA |
 |
Burlington Stores
BURL
|
3.06 B | $ 293.11 | -4.17 % | $ 19 B | USA |
 |
Naked Brand Group Limited
NAKD
|
33.8 M | - | -4.78 % | $ 526 M |  New-zealand |
 |
Duluth Holdings
DLTH
|
325 M | $ 2.26 | -4.24 % | $ 74.5 M | USA |
 |
L Brands, Inc.
LB
|
4.71 B | - | -0.19 % | $ 22.3 B | USA |
 |
G-III Apparel Group, Ltd.
GIII
|
1.24 B | $ 29.9 | -0.85 % | $ 1.37 B | USA |
 |
Express
EXPR
|
529 M | - | 2.24 % | $ 155 M | USA |
 |
Genesco
GCO
|
1.1 B | $ 27.71 | -2.5 % | $ 312 M | USA |
 |
The Gap
GPS
|
5.78 B | - | 4.38 % | $ 9.08 B | USA |
 |
Designer Brands
DBI
|
975 M | $ 6.59 | -0.98 % | $ 404 M | USA |
 |
American Eagle Outfitters
AEO
|
2.02 B | $ 24.45 | 2.56 % | $ 4.78 B | USA |
 |
Citi Trends
CTRN
|
297 M | $ 44.35 | -3.78 % | $ 369 M | USA |
 |
Guess'
GES
|
1.3 B | $ 16.81 | -0.3 % | $ 870 M | USA |
 |
Lululemon Athletica
LULU
|
5.61 B | $ 170.54 | -3.03 % | $ 21.6 B |  Canada |
 |
J.Jill
JILL
|
430 M | $ 16.23 | -0.18 % | $ 243 M | USA |
 |
The Buckle
BKE
|
593 M | $ 52.43 | 0.53 % | $ 2.62 B | USA |
 |
The Cato Corporation
CATO
|
316 M | $ 2.99 | -0.99 % | $ 57.6 M | USA |
 |
Carter's
CRI
|
1.37 B | $ 37.98 | 0.42 % | $ 1.35 B | USA |
 |
Abercrombie & Fitch Co.
ANF
|
2.31 B | $ 91.95 | 0.51 % | $ 4.67 B | USA |
 |
The Children's Place
PLCE
|
459 M | $ 3.98 | -4.33 % | $ 50.8 M | USA |
 |
Shoe Carnival
SCVL
|
421 M | $ 19.9 | -1.75 % | $ 542 M | USA |
 |
Urban Outfitters
URBN
|
1.93 B | $ 68.06 | -3.5 % | $ 6.31 B | USA |
 |
The TJX Companies
TJX
|
14.9 B | $ 154.34 | 2.67 % | $ 174 B | USA |
 |
Tilly's
TLYS
|
150 M | $ 1.35 | -4.26 % | $ 40.5 M | USA |
 |
Zumiez
ZUMZ
|
281 M | $ 24.0 | -0.62 % | $ 463 M | USA |