Takung Art Co., Ltd financial data

Location
Office Q 11 Th Floor, Kings Wing Plaza 2, No. 1 Kwan St, Sha Tin, New Territories, Hong Kong, Hong Kong
State of incorporation
DE
Fiscal year end
December 31
Former names
Cardigant Medical Inc. (to 10/22/2014)
Latest financial report
10-Q - Q2 2023 - Aug 14, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 481 % +313%
Debt-to-equity 25.9 % -86.9%
Return On Equity -20.7 %
Return On Assets 6.31 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35M shares
Common Stock, Shares, Outstanding 35M shares +42.2%
Entity Public Float 40.9M USD -61.9%
Common Stock, Value, Issued 35K USD +42.2%
Weighted Average Number of Shares Outstanding, Basic 35M shares +51.9%
Weighted Average Number of Shares Outstanding, Diluted 35M shares +51.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 700K USD
Cost of Revenue 151K USD
General and Administrative Expense 13.8M USD +45591%
Operating Income (Loss) -2.74M USD +79.5%
Nonoperating Income (Expense) 295K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.34M USD +82.7%
Income Tax Expense (Benefit) 36K USD -26.6%
Net Income (Loss) Attributable to Parent 4.36M USD
Earnings Per Share, Basic -0.4 USD/shares +63.3%
Earnings Per Share, Diluted -0.4 USD/shares +63.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 63.6M USD +95.6%
Accounts Receivable, after Allowance for Credit Loss, Current 85.9K USD -28.1%
Other Assets, Current 1.89M USD
Assets, Current 69.1M USD +84.2%
Property, Plant and Equipment, Net 5.1K USD -21.6%
Operating Lease, Right-of-Use Asset 151K USD -8.62%
Intangible Assets, Net (Excluding Goodwill) 140 USD -99.4%
Assets 69.1M USD +69.9%
Employee-related Liabilities, Current 924K USD +224%
Contract with Customer, Liability, Current 3.56M USD -23.4%
Liabilities, Current 9.94M USD -36.5%
Liabilities 9.94M USD -36.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -360K USD -12.4%
Retained Earnings (Accumulated Deficit) -33.4M USD +10.7%
Stockholders' Equity Attributable to Parent 59.2M USD +136%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 52.4M USD +2509%
Liabilities and Equity 69.1M USD +69.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.14M USD -27.2%
Net Cash Provided by (Used in) Financing Activities 200K USD -33.3%
Net Cash Provided by (Used in) Investing Activities -1.15K USD -100%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 35M shares +42.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.33M USD -27.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 67.2M USD +80.1%
Depreciation 9.25K USD +2541%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4.13M USD
Lessee, Operating Lease, Liability, to be Paid 13.9K USD -89.2%
Property, Plant and Equipment, Gross 11.4K USD -83.9%
Operating Lease, Liability, Current 8.65M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.9K USD -82.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 47.8K USD -28.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 163 USD -98.4%
Current Income Tax Expense (Benefit) 36K USD -26.6%
Operating Lease, Payments 17.3K USD +0.96%