KUKEY (Kuke Music Holding) Total Assets: $35.89 Mil (As of Dec. 2024)


What is Kuke Music Holding Total Assets?

Kuke Music Holding KUKEY Total Assets is $35.89 Mil as of Dec. 2024.

Kuke Music Holding's Total Assets for the quarter that ended in Dec. 2024 was $35.89 Mil.

Total Assets is connected with ROA %. Kuke Music Holding's annualized ROA % for the quarter that ended in Dec. 2024 was -54.09%. Total Assets is also linked to Revenue through Asset Turnover. Kuke Music Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Kuke Music Holding  (OTCPK:KUKEY) Total Assets Explanation

Total Assets is connected with ROA %.

Kuke Music Holding's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-19.596/( (36.571+35.889)/ 2 )
=-19.596/36.23
=-54.09 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Kuke Music Holding's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.864/( (36.571+35.889)/ 2 )
=0.864/36.23
=0.02

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Kuke Music Holding Total Assets Related Terms

Kuke Music Holding Total Assets Historical Data

* Premium members only.

The historical data trend for Kuke Music Holding's Total Assets 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 Total Assets Chart

Kuke Music Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 134.17 174.16 35.39 34.80 35.89

Kuke Music Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.39 36.62 34.80 36.57 35.89

Kuke Music Holding Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Kuke Music Holding's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=5.192+30.697
=35.89

Kuke Music Holding's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=5.192+30.697
=35.89

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $35.89 Mil mean?
Kuke Music Holding (KUKEY) has a Total Assets of $35.89 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Kuke Music Holding and its competitors.
Is Kuke Music Holding's Total Assets too high?
Kuke Music Holding's current Total Assets is $35.89 Mil.
How does Kuke Music Holding's Total Assets compare to MVNC and ZNB?
Kuke Music Holding's Total Assets of $35.89 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 Total Assets for a Media - Diversified company?
A good Total Assets depends on the Media - Diversified industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Kuke Music Holding and its competitors. Kuke Music Holding's current Total Assets is $35.89 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 Total Assets of $35.89 Mil. The current Total Assets is $35.89 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Kuke Music Holding (KUKEY), the current Total Assets is $35.89 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.