Kuke Music Holding Ltd (KUKE) - Net Assets
Based on the latest financial reports, Kuke Music Holding Ltd (KUKE) has net assets worth $37.80 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($261.30 Million) and total liabilities ($223.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Kuke Music Holding Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $37.80 Million |
| % of Total Assets | 14.47% |
| Annual Growth Rate | -13.95% |
| 5-Year Change | -94.28% |
| 10-Year Change | N/A |
| Growth Volatility | 77.2 |
Kuke Music Holding Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Kuke Music Holding Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kuke Music Holding Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Kuke Music Holding Ltd (2017–2024)
The table below shows the annual net assets of Kuke Music Holding Ltd from 2017 to 2024. For live valuation and market cap data, see market cap of Kuke Music Holding Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $37.80 Million | +60.47% |
| 2023-12-31 | $23.56 Million | -61.25% |
| 2022-12-31 | $60.79 Million | -93.57% |
| 2021-12-31 | $945.22 Million | +42.96% |
| 2020-12-31 | $661.17 Million | +133.99% |
| 2019-12-31 | $282.56 Million | +25.13% |
| 2018-12-31 | $225.81 Million | +108.68% |
| 2017-12-31 | $108.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuke Music Holding Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 98333400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $355.00K | 0.93% |
| Other Comprehensive Income | $1.02 Billion | 2683.00% |
| Total Equity | $38.10 Million | 100.00% |
Kuke Music Holding Ltd Competitors by Market Cap
The table below lists competitors of Kuke Music Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PREMIER AFRICAN MINERALS
F:0PA
|
$4.24 Million |
|
Altur Slatina
RO:ALT
|
$4.25 Million |
|
Yunnan Water Investment Co. Limited
F:2WI
|
$4.25 Million |
|
Dermata Therapeutics Inc
NASDAQ:DRMA
|
$4.25 Million |
|
Beston Global Food Company Ltd
AU:BFC
|
$4.24 Million |
|
Kane Biotech Inc
V:KNE
|
$4.24 Million |
|
ASTROTECH CORP.
F:SP5
|
$4.24 Million |
|
Gold Basin Resources Corp
V:GXX
|
$4.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuke Music Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,744,000 to 38,105,000, a change of 16,361,000 (75.2%).
- Net loss of 64,943,000 reduced equity.
- New share issuances of 53,548,000 increased equity.
- Other comprehensive income increased equity by 81,170,000.
- Other factors decreased equity by 53,414,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.94 Million | -170.43% |
| Share Issuances | $53.55 Million | +140.53% |
| Other Comprehensive Income | $81.17 Million | +213.02% |
| Other Changes | $-53.41 Million | -140.18% |
| Total Change | $- | 75.24% |
Book Value vs Market Value Analysis
This analysis compares Kuke Music Holding Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.35 | $0.05 | x |
| 2018-12-31 | $75.28 | $0.05 | x |
| 2019-12-31 | $94.26 | $0.05 | x |
| 2020-12-31 | $267.07 | $0.05 | x |
| 2021-12-31 | $319.28 | $0.05 | x |
| 2022-12-31 | $19.74 | $0.05 | x |
| 2023-12-31 | $6.97 | $0.05 | x |
| 2024-12-31 | $8.69 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuke Music Holding Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -170.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -94.23%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 6.86x
- Recent ROE (-170.43%) is above the historical average (-282.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 17.35% | 25.36% | 0.42x | 1.62x | $16.35 Million |
| 2019 | 20.13% | 38.41% | 0.29x | 1.81x | $28.24 Million |
| 2020 | -2.50% | -10.08% | 0.19x | 1.34x | $-82.03 Million |
| 2021 | -6.35% | -20.13% | 0.27x | 1.19x | $-153.44 Million |
| 2022 | -1534.22% | -779.14% | 0.47x | 4.22x | $-902.75 Million |
| 2023 | -300.27% | -61.06% | 0.43x | 11.43x | $-67.47 Million |
| 2024 | -170.43% | -94.23% | 0.26x | 6.86x | $-68.75 Million |
Industry Comparison
This section compares Kuke Music Holding Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $233,235,728
- Average return on equity (ROE) among peers: -276.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuke Music Holding Ltd (KUKE) | $37.80 Million | 17.35% | 5.91x | $4.24 Million |
| AI Era Corp. (ABQQD) | $1.46 Million | 37.15% | 0.61x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $520.80K | -2762.79% | 103.00x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $52.92 Million | 10.13% | 4.23x | $397.98 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $140.47 Million | -21.80% | 0.01x | $10.16 Million |
| Passat Société Anonyme (ALXIL) | $74.08 Million | 7.02% | 0.87x | $17.05 Million |
| AMC Entertainment Holdings Inc (AMC) | $378.48 Million | -43.28% | 8.89x | $598.39 Million |
| AMC Networks Inc (AMCX) | $1.19 Billion | 21.12% | 3.85x | $267.64 Million |
| Anghami De Inc (ANGH) | $-6.44 Million | 0.00% | 0.00x | $33.54 Million |
| Angel Studios, Inc. (ANGX) | $210.34 Million | 1.11% | 0.12x | $349.82 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $294.00 Million | -11.62% | 4.02x | $558.63 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