Kuke Music Holding Ltd Cash Flow Conversion Efficiency
Kuke Music Holding Ltd 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.
Cash Flow Conversion Efficiency of Kuke Music Holding Ltd (2018–2024)
Cash flow conversion efficiency of Kuke Music Holding Ltd from 2018 to 2024. This chart illustrates how Kuke Music Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View KUKE stock price for real-time trading data and today's change.
Kuke Music Holding Ltd Cash Flow Conversion Ratio Explained
Kuke Music Holding Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Kuke Music Holding Ltd (KUKE) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pittler Maschinenfabrik AG
F:PIT
|
-0.017x |
|
PREMIER AFRICAN MINERALS
F:0PA
|
N/A |
|
CQS New City High Yield Fund
LSE:NCYF
|
0.038x |
|
SINTEZA S.A.
RO:STZ
|
N/A |
|
Beston Global Food Company Ltd
AU:BFC
|
-1.028x |
|
Spineway
PA:ALSPW
|
-0.005x |
|
Ohmyhome Limited Ordinary Shares
NASDAQ:OMH
|
-0.507x |
|
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. Review KUKE cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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