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
Kuke Music Holding Ltd (KUKE) - Total Assets
Latest total assets as of March 2025: $261.30 Million USD
Based on the latest financial reports, Kuke Music Holding Ltd (KUKE) holds total assets worth $261.30 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kuke Music Holding Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Kuke Music Holding Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kuke Music Holding Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Kuke Music Holding Ltd's total assets of $261.30 Million consist of 26.9% current assets and 73.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $52.96 Million | 20.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $182.62 Million | 69.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Kuke Music Holding Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kuke Music Holding Ltd's current assets represent 26.9% of total assets in 2024, a decrease from 52.6% in 2017.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 7.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 36.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 69.9% of total assets.
Kuke Music Holding Ltd Competitors by Total Assets
Key competitors of Kuke Music Holding Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AVP Inc
PINK:AVPI
|
USA | $9.23 Million |
|
Club De Futbol Intercity Sad
MC:CITY
|
Spain | €1.07 Million |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.13 Trillion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
Kuke Music Holding Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Kuke Music Holding Ltd generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kuke Music Holding Ltd is currently not profitable relative to its asset base.
Kuke Music Holding Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.34 | 0.04 | 1.49 |
| Quick Ratio | 0.34 | 0.04 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-139.50 Million | $ -198.77 Million | $ 82.51 Million |
Kuke Music Holding Ltd - Advanced Valuation Insights
This section examines the relationship between Kuke Music Holding Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.79 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | $261.30 Million |
| Market Capitalization | $2.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kuke Music Holding Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Kuke Music Holding Ltd's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Kuke Music Holding Ltd (2017–2024)
The table below shows the annual total assets of Kuke Music Holding Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $261.30 Million | +5.15% |
| 2023-12-31 | $248.50 Million | +0.71% |
| 2022-12-31 | $246.74 Million | -77.88% |
| 2021-12-31 | $1.12 Billion | +27.12% |
| 2020-12-31 | $877.35 Million | +74.21% |
| 2019-12-31 | $503.63 Million | +39.68% |
| 2018-12-31 | $360.55 Million | +94.34% |
| 2017-12-31 | $185.52 Million | -- |