Kuke Music Holding (KUKE)

Net assets on the balance sheet as of December 2023 : NZ$5.38 M

According to Kuke Music Holding's latest financial reports the company has NZ$5.38 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kuke Music Holding - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$5.26 M	-62.04%
2022-12-31	$NZ$13.88 M	-93.57%
2021-12-31	$NZ$0.21 B	53.09%
2020-12-31	$NZ$0.14 B	135.07%
2019-12-31	$NZ$59.96 M	22.55%
2018-12-31	$NZ$48.92 M	108.92%
2017-12-31	$NZ$23.41 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Salem Media Group SALM	NZ$0.21 B	3,865.40%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Kuke Music Holding (KUKE) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$5.38 M