Kuke Music Holding (KUKE)

Net assets on the balance sheet as of June 2024 : NZ$12.78 Million

According to Kuke Music Holding's latest financial reports the company has NZ$12.78 Million 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 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$5.26 M	-62.04%
2022-12-31	$NZ$13.88 M	-93.58%
2021-12-31	$NZ$0.21 B	53.99%
2020-12-31	$NZ$0.14 B	133.93%
2019-12-31	$NZ$60.05 M	22.69%
2018-12-31	$NZ$48.95 M	109.01%
2017-12-31	$NZ$23.41 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Salem Media Group SALM	NZ$0.22 B	1,689.26%	🇺🇸 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 June 2024 : NZ$12.78 Million