Kuke Music Holding (KUKE)

Net assets on the balance sheet as of December 2023 : S$4.34 M

According to Kuke Music Holding's latest financial reports the company has S$4.34 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	$S$4.4 M	-62.75%
2022-12-31	$S$11.81 M	-94.07%
2021-12-31	$S$0.19 B	48.71%
2020-12-31	$S$0.13 B	146.4%
2019-12-31	$S$54.39 M	21.6%
2018-12-31	$S$44.72 M	101.06%
2017-12-31	$S$22.24 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Salem Media Group SALM	S$0.17 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 : S$4.34 M