Kuke Music Holding Ltd (KUKE) - Total Assets
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. Check KUKE total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 how much of Kuke Music Holding Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see Kuke Music Holding Ltd market capitalisation.
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 |
|---|---|---|
|
China Television Media Ltd
SHG:600088
|
China | CN¥1.59 Billion |
|
Ciwen Media Co Ltd
SHE:002343
|
China | CN¥1.76 Billion |
|
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
|
China | CN¥9.27 Billion |
|
Secuoya Grupo de Comunicación S.A
MC:SEC
|
Spain | €135.99 Million |
|
Global Mediacom Tbk
JK:BMTR
|
Indonesia | Rp35.34 Trillion |
|
Shemaroo Entertainment Limited
NSE:SHEMAROO
|
India | Rs6.86 Billion |
|
NDL Ventures Limited
NSE:NDLVENTURE
|
India | Rs651.54 Million |
|
Next Entertainment World Co. Ltd
KQ:160550
|
Korea | ₩239.55 Billion |
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 | 0.02 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | $261.30 Million |
| Market Capitalization | $4.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kuke Music Holding Ltd's assets below their book value (0.02x), 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 | -- |
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