KUKEY (Kuke Music Holding) Current Accrued Expense: $2.66 Mil (As of Dec. 2024)

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What is Kuke Music Holding Current Accrued Expense?

Kuke Music Holding KUKEY Current Accrued Expense is $2.66 Mil as of Dec. 2024.

Kuke Music Holding's Current Accrued Expense for the quarter that ended in Dec. 2024 was $2.66 Mil.

Kuke Music Holding's quarterly Current Accrued Expense increased from Dec. 2023 ($2.21 Mil) to Jun. 2024 ($12.92 Mil) but then declined from Jun. 2024 ($12.92 Mil) to Dec. 2024 ($2.66 Mil).

Kuke Music Holding's annual Current Accrued Expense declined from Dec. 2022 ($6.71 Mil) to Dec. 2023 ($2.21 Mil) but then increased from Dec. 2023 ($2.21 Mil) to Dec. 2024 ($2.66 Mil).

Kuke Music Holding Current Accrued Expense Related Terms

Kuke Music Holding Current Accrued Expense Historical Data

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The historical data trend for Kuke Music Holding's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kuke Music Holding Current Accrued Expense Chart

Kuke Music Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 7.76 6.71 2.21 2.66

Kuke Music Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23 Jun24 Dec24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only 8.85 11.66 2.21 12.92 2.66

Kuke Music Holding Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $2.66 Mil mean?
Kuke Music Holding (KUKEY) has a Current Accrued Expense of $2.66 Mil as of Dec. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on Kuke Music Holding and its competitors.
Is Kuke Music Holding's Current Accrued Expense too high?
Kuke Music Holding's current Current Accrued Expense is $2.66 Mil.
How does Kuke Music Holding's Current Accrued Expense compare to MVNC and ZNB?
Kuke Music Holding's Current Accrued Expense of $2.66 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Media - Diversified company?
A good Current Accrued Expense depends on the Media - Diversified industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Kuke Music Holding and its competitors. Kuke Music Holding's current Current Accrued Expense is $2.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuke Music Holding stock overvalued right now?
Kuke Music Holding (KUKEY) has a current Current Accrued Expense of $2.66 Mil. The current Current Accrued Expense is $2.66 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Kuke Music Holding (KUKEY), the current Current Accrued Expense is $2.66 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kuke Music Holding Business Description

Address 4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, CHN, 100024
Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.