Kuke Music Holding Ltd (KUKE) — Tangible Net Worth Ratio
Kuke Music Holding Ltd (KUKE) has a Tangible Net Worth Ratio of -383.1% as of March 2025. This metric is calculated by deducting intangible assets ($182.62 Million) from net assets ($37.80 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Kuke Music Holding Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kuke Music Holding Ltd Tangible Net Worth Ratio (2017–2024)
This chart shows how Kuke Music Holding Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at -383.1%, reflecting net assets of $37.80 Million with intangible assets of $182.62 Million USD. For live market cap and overall valuation, see how much is Kuke Music Holding Ltd worth.
Annual Tangible Net Worth Ratio for Kuke Music Holding Ltd (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Kuke Music Holding Ltd from 2017 to 2024, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Kuke Music Holding Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -383.1% | $37.80 Million | $182.62 Million | $261.30 Million | ▲ +218.5 pp |
| 2023 | -601.6% | $23.56 Million | $165.28 Million | $248.50 Million | ▼ -592.7 pp |
| 2022 | -8.9% | $60.79 Million | $66.21 Million | $246.74 Million | ▼ -58.8 pp |
| 2021 | 49.9% | $945.22 Million | $473.35 Million | $1.12 Billion | ▼ -10.3 pp |
| 2020 | 60.2% | $661.17 Million | $263.10 Million | $877.35 Million | ▲ +19.8 pp |
| 2019 | 40.4% | $282.56 Million | $168.50 Million | $503.63 Million | ▼ -1.9 pp |
| 2018 | 42.2% | $225.81 Million | $130.41 Million | $360.55 Million | ▲ +4.5 pp |
| 2017 | 37.7% | $108.21 Million | $67.39 Million | $185.52 Million | — |