Kuke Music Holding Ltd (KUKE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Kuke Music Holding Ltd (KUKE) has a cash flow conversion efficiency ratio of -0.498x as of December 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-18.82 Million) by net assets ($37.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Kuke Music Holding Ltd - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Kuke Music Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read KUKE liabilities breakdown for a breakdown of total debt and financial obligations.
Kuke Music Holding Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kuke Music Holding Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PREMIER AFRICAN MINERALS
F:0PA
|
N/A |
|
Altur Slatina
RO:ALT
|
N/A |
|
Yunnan Water Investment Co. Limited
F:2WI
|
-0.010x |
|
Dermata Therapeutics Inc
NASDAQ:DRMA
|
-0.455x |
|
Beston Global Food Company Ltd
AU:BFC
|
-1.028x |
|
Kane Biotech Inc
V:KNE
|
0.880x |
|
ASTROTECH CORP.
F:SP5
|
N/A |
|
Gold Basin Resources Corp
V:GXX
|
0.026x |
Annual Cash Flow Conversion Efficiency for Kuke Music Holding Ltd (2018–2024)
The table below shows the annual cash flow conversion efficiency of Kuke Music Holding Ltd from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see KUKE stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $37.80 Million | $-18.82 Million | -0.498x | +43.52% |
| 2023-12-31 | $23.56 Million | $-20.77 Million | -0.882x | -102.39% |
| 2022-12-31 | $60.79 Million | $-26.48 Million | -0.436x | -736.47% |
| 2021-12-31 | $945.22 Million | $64.69 Million | 0.068x | +72.14% |
| 2020-12-31 | $661.17 Million | $26.29 Million | 0.040x | -35.39% |
| 2019-12-31 | $282.56 Million | $17.39 Million | 0.062x | -66.29% |
| 2018-12-31 | $225.81 Million | $41.22 Million | 0.183x | -- |
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