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Takung Art Co Stock

Takung Art Co ROA 2024

Takung Art Co ROA

-0.15

Ticker

TKAT

ISIN

US87407Q2075

WKN

A2JF0E

In 2024, Takung Art Co's return on assets (ROA) was -0.15, a -94.08% increase from the -2.58 ROA in the previous year.

Takung Art Co Aktienanalyse

What does Takung Art Co do?

Takung Art Co Ltd was founded in Hong Kong in 2005 and is a leading company in the field of online art auctions. The company offers its customers the opportunity to acquire artworks from renowned artists from around the world. The business model of Takung Art is based on the principle of online art auctions. Customers can bid on and purchase artworks through the company's platform. The auctions are designed to be transparent and fair to ensure optimal customer satisfaction. Takung Art is divided into different categories. The first category includes artworks by Chinese artists, mainly traditional Chinese art by artists such as Qi Baishi and Fu Baoshi. The second category specializes in international art and offers works by artists such as Monet, Van Gogh, and Picasso. The company also offers a wide range of products to its customers, including paintings, sculptures, and other artworks. Different price categories are available to accommodate every budget. In addition to artworks, the company also provides consulting and appraisal services to help customers choose the right artwork. Takung Art has become a leading company in the field of online art auctions in recent years. It has provided its customers with a wide range of artworks and services, catering to a variety of customers, from private collectors to art lovers and investors. Overall, Takung Art has revolutionized the art world by bringing traditional art auctions into the online realm. The company has democratized the market for artworks and given every art lover the opportunity to acquire a genuine artwork. Takung Art Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Takung Art Co's Return on Assets (ROA)

Takung Art Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Takung Art Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Takung Art Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Takung Art Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Takung Art Co stock

What is the Return on Assets (ROA) of Takung Art Co this year?

The Return on Assets (ROA) of Takung Art Co is -0.15 undefined this year.

What was the ROA of Takung Art Co compared to the previous year?

The ROA of Takung Art Co has increased by -94.08% compared to the previous year.

What consequences do high ROA have for investors of Takung Art Co?

A high ROA is advantageous for investors of Takung Art Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Takung Art Co?

A low ROA can be unfavorable for investors of Takung Art Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Takung Art Co affect the company?

An increase in ROA of Takung Art Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Takung Art Co impact the company?

A reduction in the ROA of Takung Art Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Takung Art Co?

Some factors that can influence the ROA of Takung Art Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Takung Art Co important for investors?

The ROA of Takung Art Co is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Takung Art Co take to improve ROA?

To improve ROA, Takung Art Co can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Takung Art Co pay?

Over the past 12 months, Takung Art Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Takung Art Co is expected to pay a dividend of 0 USD.

What is the dividend yield of Takung Art Co?

The current dividend yield of Takung Art Co is .

When does Takung Art Co pay dividends?

Takung Art Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Takung Art Co?

Takung Art Co paid dividends every year for the past 0 years.

What is the dividend of Takung Art Co?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Takung Art Co located?

Takung Art Co is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Takung Art Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Takung Art Co from 11/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/20/2024.

When did Takung Art Co pay the last dividend?

The last dividend was paid out on 11/20/2024.

What was the dividend of Takung Art Co in the year 2023?

In the year 2023, Takung Art Co distributed 0 USD as dividends.

In which currency does Takung Art Co pay out the dividend?

The dividends of Takung Art Co are distributed in USD.

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Andere Kennzahlen von Takung Art Co

Our stock analysis for Takung Art Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Takung Art Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.