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Communication Services - Entertainment - NYSE - CN
$ 0.4
-1.72 %
$ 15.9 M
Market Cap
-1.43
P/E
1. INTRINSIC VALUE

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments, Subscription, Licensing and Smart Music Learning Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music Events Business segment is involved in the provision of music festival events and music performance services; and sale of musical instruments. The company licenses its music content primarily to online music entertainment platforms and digital music service providers, as well as film and TV production companies, airlines, and smart hardware companies.[ Read More ]

The intrinsic value of one KUKE stock under the base case scenario is HIDDEN Compared to the current market price of 0.4 USD, Kuke Music Holding Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart KUKE

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FINANCIALS
107 M REVENUE
-7.10%
-58.8 M OPERATING INCOME
29.04%
-65.3 M NET INCOME
92.70%
-20.8 M OPERATING CASH FLOW
21.57%
-176 K INVESTING CASH FLOW
99.54%
23.1 M FINANCING CASH FLOW
103.73%
54.1 M REVENUE
141.54%
29.2 M OPERATING INCOME
182.89%
-36.4 M NET INCOME
-0.00%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Kuke Music Holding Limited
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Current Assets 53.7 M
Cash & Short-Term Investments 8.31 M
Receivables 22.8 M
Other Current Assets 22.6 M
Non-Current Assets 195 M
Long-Term Investments 2.37 M
PP&E 4.25 M
Other Non-Current Assets 188 M
Current Liabilities 207 M
Accounts Payable 57.4 M
Short-Term Debt 80.8 M
Other Current Liabilities 68.8 M
Non-Current Liabilities 17.9 M
Long-Term Debt 5.49 M
Other Non-Current Liabilities 12.4 M
EFFICIENCY
Earnings Waterfall Kuke Music Holding Limited
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Revenue 107 M
Cost Of Revenue 56.3 M
Gross Profit 50.6 M
Operating Expenses 109 M
Operating Income -58.8 M
Other Expenses 6.51 M
Net Income -65.3 M
RATIOS
47.31% GROSS MARGIN
47.31%
-54.97% OPERATING MARGIN
-54.97%
-61.06% NET MARGIN
-61.06%
-300.27% ROE
-300.27%
-26.27% ROA
-26.27%
-56.60% ROIC
-56.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Kuke Music Holding Limited
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Net Income -65.3 M
Depreciation & Amortization 9.79 M
Capital Expenditures 0
Stock-Based Compensation 5.68 M
Change in Working Capital -7.05 M
Others 40.4 M
Free Cash Flow -20.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Kuke Music Holding Limited
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KUKE has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Kuke Music Holding Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
KUKE Music Announces Resignation of President Beijing, Nov. 04, 2024 (GLOBE NEWSWIRE) --  Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced that Ms. Li Sun has resigned from her position as President of the Company with effect from July 23, 2024. Ms. Sun's resignation was not a result of any disagreement between Ms. Sun and the Company on any matter relating to the Company's operations, accounting policies, or practices. globenewswire.com - 1 week ago
KUKE Music Reports Receipt of NYSE Non-Compliance Notices Regarding Continued Listing Standards Beijing, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced that it has received notifications from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE's continued listing standards. On September 24, 2024, the NYSE notified the Company that it was below the continued listing standards as its total market capitalization was less than $50 million over a 30 trading-day period and its stockholders' equity was less than $50 million (the “September Notice”). As set forth in the September Notice, as of September 23, 2024, the 30 trading-day average global market capitalization of the Company was approximately $47 million and the Company's last reported shareholders' equity as of December 31, 2023 was approximately $3.3 million. The Company received another notice from the NYSE on October 8, 2024 (the “October Notice”) of non-compliance with the $1.00 average closing price standard. As set forth in the October Notice, as of October 7, 2024, the 30 trading-day average closing price of the Company's American Depositary Shares (“ADSs”) was approximately $0.98. globenewswire.com - 3 weeks ago
KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September Beijing, Sept. 11, 2024 (GLOBE NEWSWIRE) -- KUKE MUSIC HOLDING LIMITED(NYSE:KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced that its newly developed "KUKE Music for Cars" app is now in its final testing phase and is expected to complete testing by the end of September. This innovative in-car music application aims to deliver a smarter and more personalized music experience for users. globenewswire.com - 2 months ago
Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024 Beijing, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “AGM Notice”) at 10:30 a.m., Beijing time, on September 20, 2024 at Room 303, Beijing Broadcasting Tower, No. Jia 14, Jianwaidajie, Chaoyang District, Beijing, People's Republic of China (or after the Class B Meeting, as defined below, whichever is later), for the purposes of considering and, if thought fit, passing the resolutions set forth in the AGM Notice. The AGM Notice and form of proxy for the AGM are available on the Company's website at https://ir.kuke.com/, as well as on the SEC's website at www.sec.gov. globenewswire.com - 2 months ago
Kuke and Jidou Join Forces in the AI Music Market Beijing, June 14, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced its entry into the AI music field and the integration of its AI music technology into automobiles. The Company has formed a professional team dedicated to developing and promoting AI music-related features, which will gradually be launched on KUKE's and partners' apps, bringing users a brand new music experience. globenewswire.com - 5 months ago
Kuke Music Makes Initial Steps into AI Music Field BEIJING , June 6, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, today announced the formation of a professional AI team for development and operations, as well as a marketing team, to enter the AI music field. AI-enhanced music will be launched on Kuke's app and on various automotive in-car networking platforms, serving more end customers. prnewswire.com - 5 months ago
KUKE Announces Purchase Terms with Naxos One BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holdings Limited (“Kuke” or the “Company”) (NYSE: KUKE), the leading classical music service platform in China, is pleased to announce that on May 24, 2024, it has signed a non-binding term sheet (the “Term Sheet”) with Naxos One Holding Limited (“Naxos One”), a limited liability company incorporated under the laws of the British Virgin Islands. The Term Sheet contemplates that Kuke will acquire a majority stake in two of the controlled subsidiaries of Naxos One, Angelina Assets Limited and HNH International Limited, the holding companies of the Naxos Music Group, a world-leading classical music brand and one of the largest distributors of independent classical record labels in the world (the “Naxos Group”). A director of Kuke is the controlling shareholder of Naxos One. globenewswire.com - 5 months ago
KUKE Enters Strategic Partnership with China National Youth Palace Association BEIJING , April 18, 2024 /PRNewswire/ -- Kuke Music Holdings Limited ("Kuke" or the "Company") (NYSE: KUKE), the leading classical music service platform in China, is pleased to announce its official strategic partnership with the China National Youth Palace Association. The collaboration aims to jointly organize a series of events, including the "2024 National Youth Palace Choral Online Event," choral conducting and music teacher training courses, and the Youth Palace Choral Arts Summer Camp, all dedicated to providing high-quality music and arts education services to the youth. prnewswire.com - 7 months ago
Kuke Music Establishes R&D Center in Guangzhou BEIJING , March 14, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, recently disclosed a strategic organizational adjustment, including the establishment of a dedicated Technical Research and Development Center in Guangzhou. This strategic initiative is designed to enhance the collaborative efforts in R&D for technological integration between Kuke and its global strategic partner, Naxos Music Group ("Naxos"). prnewswire.com - 8 months ago
Enjoy Your Drive with Music Kuke Music to Launch Innovative Classical Music Car Connectivity Application BEIJING , Feb. 22, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, announced the Company plans to officially enter the classical music car connectivity market in the second quarter of 2024. This strategic move is accompanied by the launch of a new application designed exclusively for individual end-users, aimed at providing classical music enthusiasts with a more convenient and high-quality music experience. prnewswire.com - 8 months ago
Kuke Reports First Half of 2023 Unaudited Financial Results NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced its unaudited interim financial results for the six months ended June 30, 2023. globenewswire.com - 10 months ago
Naxos China Dedicated to promoting Chinese Local Music and Artists, Opening a New International Stage Beijing, China, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Naxos China is a subsidiary company under Kuke Music Holding Limited dedicated to promoting Chinese local music and artists, opening up a global stage through release of recordings, and artist management. Naxos China has partnered with numerous composers, musicians, music institutions, and orchestras, releasing many recordings & that feature representative works by Chinese composers and classical repertoire performances. They also introduce and support international musicians' concert tours and signing events in China. Through collaborations with both domestic and international platforms, Naxos China's recordings enjoys a global coverage. globenewswire.com - 1 year ago
8. Profile Summary

Kuke Music Holding Limited KUKE

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COUNTRY CN
INDUSTRY Entertainment
MARKET CAP $ 15.9 M
Dividend Yield 0.00%
Description Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments, Subscription, Licensing and Smart Music Learning Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music Events Business segment is involved in the provision of music festival events and music performance services; and sale of musical instruments. The company licenses its music content primarily to online music entertainment platforms and digital music service providers, as well as film and TV production companies, airlines, and smart hardware companies. As of December 31, 2021, it had 802 institutional subscribers, including 477 universities and music conservatories, as well as 325 public libraries. Kuke Music Holding Limited was founded in 2002 and is headquartered in Beijing, China.
Contact Building 96, Beijing, 100024 https://www.kuke.com
IPO Date Jan. 12, 2021
Employees 108
Officers Mr. He Yu Founder, Chairman of the Board & Chief Executive Officer Mr. Li Li Chief Financial Officer