Kuke Music Holding Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.30%

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. Check how strategically is Kuke Music Holding Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$735.00K
Cash + Short-term Investments

Total Assets

$248.50 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Kuke Music Holding Ltd's Asset Resilience Ratio has changed over time. See Kuke Music Holding Ltd balance sheet quality to measure how much of total assets are equity-financed.

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 how much is Kuke Music Holding Ltd worth.

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
China Television Media Ltd
SHG:600088
Entertainment 18.83%
Ciwen Media Co Ltd
SHE:002343
Entertainment 1.73%
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
Entertainment 0.01%
Secuoya Grupo de Comunicación S.A
MC:SEC
Entertainment 17.05%
Global Mediacom Tbk
JK:BMTR
Entertainment 5.63%
Shemaroo Entertainment Limited
NSE:SHEMAROO
Entertainment 5.68%
NDL Ventures Limited
NSE:NDLVENTURE
Entertainment 0.78%
Next Entertainment World Co. Ltd
KQ:160550
Entertainment 0.29%

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 --
pp = percentage points

About Kuke Music Holding Ltd

NYSE:KUKE USA Entertainment
Market Cap
$4.24 Million
Market Cap Rank
#28866 Global
#5842 in USA
Share Price
$0.05
Change (1 day)
+0.00%
52-Week Range
$0.03 - $3.07
All Time High
$10.15
About

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