
Takung Art Co., Ltd. TKAT
Quarterly report 2023-Q2
added 05-16-2026
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 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 206 K | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 18 M | 120 K | 5.7 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 | |
|---|---|---|---|---|---|---|
|
Chico's FAS
CHS
|
183 M | - | - | $ 910 M | ||
|
Naked Brand Group Limited
NAKD
|
33.8 M | - | -4.78 % | $ 526 M | ||
|
Citi Trends
CTRN
|
297 M | $ 44.15 | 3.61 % | $ 356 M | ||
|
J.Jill
JILL
|
410 M | $ 12.68 | 2.09 % | $ 193 M | ||
|
L Brands, Inc.
LB
|
4.71 B | - | -0.19 % | $ 22.3 B | ||
|
Guess'
GES
|
1.3 B | - | - | $ 870 M | ||
|
The Gap
GPS
|
6.27 B | - | 4.38 % | $ 9.08 B | ||
|
Express
EXPR
|
400 M | - | 2.24 % | $ 155 M | ||
|
Burlington Stores
BURL
|
3.06 B | $ 324.83 | 0.1 % | $ 20.5 B | ||
|
Duluth Holdings
DLTH
|
302 M | $ 3.6 | -0.63 % | $ 125 M | ||
|
Shoe Carnival
SCVL
|
415 M | $ 17.15 | 2.82 % | $ 469 M | ||
|
The Cato Corporation
CATO
|
316 M | $ 3.08 | -6.1 % | $ 57.9 M | ||
|
The Children's Place
PLCE
|
362 M | $ 3.45 | 1.47 % | $ 76 M | ||
|
Genesco
GCO
|
1.13 B | $ 37.09 | 0.19 % | $ 384 M | ||
|
Abercrombie & Fitch Co.
ANF
|
2.31 B | $ 74.95 | -2.99 % | $ 3.55 B | ||
|
The TJX Companies
TJX
|
14.9 B | $ 159.01 | 0.47 % | $ 177 B | ||
|
Urban Outfitters
URBN
|
2.22 B | $ 74.85 | 2.51 % | $ 6.75 B | ||
|
Designer Brands
DBI
|
1.26 B | $ 7.32 | 3.1 % | $ 360 M | ||
|
Carter's
CRI
|
1.31 B | $ 38.17 | 3.23 % | $ 1.35 B | ||
|
Boot Barn Holdings
BOOT
|
858 M | $ 162.99 | 5.39 % | $ 4.97 B | ||
|
Lululemon Athletica
LULU
|
6.28 B | $ 127.01 | -0.13 % | $ 15.1 B | ||
|
Tilly's
TLYS
|
164 M | $ 4.48 | 5.66 % | $ 135 M | ||
|
The Buckle
BKE
|
636 M | $ 48.98 | -0.71 % | $ 2.46 B | ||
|
American Eagle Outfitters
AEO
|
2.03 B | $ 17.03 | 3.02 % | $ 2.93 B | ||
|
G-III Apparel Group, Ltd.
GIII
|
1.16 B | $ 31.6 | 2.53 % | $ 1.35 B | ||
|
Zumiez
ZUMZ
|
333 M | $ 23.97 | 0.06 % | $ 402 M |