Company Information

  

Address: FLAT/RM 03-04 20/F HUTCHISON HOUSE
10 HARCOURT ROAD 
City: CENTRAL 
State:  
Zip Code: 999077 
Telephone: 852-3158-0977 

Description of Business

Primary SIC Code: 5990
(As filed with the SEC)  

Takung Art Co., Ltd is a holding company that, through HongKong Takung Assets and Equity of Artworks Exchange Co., Ltd., a Hong Kong company ("HongKong Takung"), our wholly owned subsidiary, and Takung (Shanghai) Co., Ltd and Takung Cultural Development (Tianjin) Co. Ltd,, Hong Kong Takung's wholly-owned subsidiaries in China ("Shanghai Takung" and "Tianjin Takung" respectively), operate an electronic online platform located at http://eng.takungae.com/ for artists, art dealers and art investors to offer and trade in ownership units over valuable artwork. Through Hong Kong Takung, Shanghai Takung and Tianjin Takung, we offer on-line listing and trading services that allow artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors that they might not encounter without our platform.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.46NA11.34
03/20170.58NA13.34
12/20160.56NA13.57
09/20160.72NA9.25
06/20160.63NA10.48
03/20160.54NA7.07
12/20150.49NA5.71
09/2015--NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity1.15Total Liab/Total Assets0.63
Net Inc/Total Assets0.13Total Liab/Inv Cap2.69
Net Inc/Inv Cap0.56Total Liab/Comm Equity5.53
Pretax Inc/Net Sales0.43Interest Coverage Ratio41.22
Net Inc/Net Sales0.33Curr Debt/Equity0.36
Cash Flow/Net Sales0.24LTD/EquityNA
SG&A/NetSales0.50Total Debt/Equity0.36
Asset Utilization   Liquidity  
Net Receivables Turnover3.98Quick Ratio1.49
Inventory TurnoverNACurrent Ratio1.49
Inventory Day SalesNANet Rec/Curr Assets0.21
Net Sales/Work Cap1.28Inv/Curr AssetsNA
Net Sales/PP&E9.27  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 2.92 4.27 4.93 5.74
Cost of Goods Sold 0.27 0.26 0.31 0.29
Selling & Admin Exps 2.55 2.91 2.50 2.40
Operating Income 0.10 1.10 2.12 3.06
Interest Exp 0.15 0.15 0.14 0.06
Pretax Income 0.32 1.18 2.10 3.05
Other Income 0.37 0.23 0.12 0.05
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.25 0.87 1.71 2.45

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 34.57 34.45 35.14 42.58
Receivables - Total 9.19 9.75 9.43 5.59
Inventories - Total NA NA NA NA
Total Current Assets 44.90 45.14 45.54 49.07
Net Property, Plant & Equipment 2.07 1.96 2.07 1.81
Total Assets 47.68 47.82 48.30 51.45
Liabilities        
Accounts Payable 2.90 3.53 2.55 5.62
Debt in Current Liabilities 6.24 6.35 6.31 3.52
Total Current Liabilities 28.16 28.88 30.60 34.59
Long-Term Debt NA NA NA NA
Total Liabilities 28.22 28.94 30.67 34.65
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings 14.29 14.05 13.17 11.47
Treasury Stock NA NA NA NA
Total Stockholders' Equity 19.46 18.88 17.63 16.81
Total Liabilities and Stockholders' Equity 47.68 47.82 48.30 51.45

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 0.32 2.14 -0.48 1.01
Net Cash Provided by Investing Activities -0.29 -0.21 -6.51 9.39
Net Cash Provided by Financing Activities NA NA 4.99 2.35

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20120.00-0.34--
12/20130.360.00--
12/20144.721.37--
12/201511.345.440.49
12/201619.146.370.56
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/172100.09




Report Date : 10/16/2017

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