Kuke Music Holding Ltd - Asset Resilience Ratio
Kuke Music Holding Ltd (KUKE) has an Asset Resilience Ratio of 0.30% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Kuke Music Holding Ltd's Asset Resilience Ratio has changed over time. Check KUKE strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Kuke Music Holding Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Kuke Music Holding Ltd (KUKE) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $735.00K | 0.3% |
| Total Liquid Assets | $735.00K | 0.30% |
Asset Resilience Insights
- Limited Liquidity: Kuke Music Holding Ltd maintains only 0.30% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Kuke Music Holding Ltd Industry Peers by Asset Resilience Ratio
Compare Kuke Music Holding Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Roku Inc
NASDAQ:ROKU |
Entertainment | 16.78% |
|
JYP Entertainment Corporation
KQ:035900 |
Entertainment | 5.04% |
|
Tips Music Limited
NSE:TIPSMUSIC |
Entertainment | 64.74% |
|
Acast AB
ST:ACAST |
Entertainment | -0.14% |
|
Huawen Media Investment Corp
SHE:000793 |
Entertainment | 3.71% |
|
Guangzhou Jinyi Media Corp
SHE:002905 |
Entertainment | 1.42% |
|
PARKEN Sport & Entertainment
CO:PARKEN |
Entertainment | -24.55% |
|
Broendbyernes IF Fodbold AS
CO:BIF |
Entertainment | 0.01% |
Annual Asset Resilience Ratio for Kuke Music Holding Ltd (2017–2023)
The table below shows the annual Asset Resilience Ratio data for Kuke Music Holding Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.30% | $735.00K | $248.50 Million | +0.25pp |
| 2022-12-31 | 0.05% | $116.00K | $246.74 Million | +0.03pp |
| 2021-12-31 | 0.02% | $244.00K | $1.12 Billion | +0.01pp |
| 2020-12-31 | 0.01% | $89.00K | $877.35 Million | -0.24pp |
| 2019-12-31 | 0.25% | $1.25 Million | $503.63 Million | +0.19pp |
| 2018-12-31 | 0.05% | $191.00K | $360.55 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $185.52 Million | -- |
About Kuke Music Holding Ltd
Kuke Music Holding Limited provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances, and Other Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music… Read more