Kuke Historical Income Statement

KUKE Stock  USD 0.35  0.03  7.89%   
Historical analysis of Kuke Music income statement accounts such as Interest Expense of 6.4 M can show how well Kuke Music Holding performed in making a profits. Evaluating Kuke Music income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kuke Music's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kuke Music Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kuke Music Holding is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

About Kuke Income Statement Analysis

Kuke Music Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kuke Music shareholders. The income statement also shows Kuke investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kuke Music Income Statement Chart

At present, Kuke Music's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 131.4 M, whereas Net Interest Income is forecasted to decline to (7.4 M).

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Kuke Music Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kuke Music Holding. It is also known as Kuke Music overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Kuke Music's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kuke Music Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At present, Kuke Music's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 131.4 M, whereas Net Interest Income is forecasted to decline to (7.4 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization37.0M23.3M9.8M17.6M
Interest Income79K34K9K8.6K

Kuke Music income statement Correlations

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-0.72-0.710.040.660.930.90.62-0.020.96-0.74-0.5-0.52-0.50.980.920.84-0.52-0.76-0.5-0.72-0.720.92
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-0.67-0.650.090.930.620.920.780.230.96-0.59-0.28-0.3-0.280.910.960.66-0.3-0.65-0.28-0.67-0.710.92
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0.240.290.07-0.5-0.26-0.28-0.220.210.73-0.40.71.01.0-0.58-0.26-0.891.00.41.00.240.14-0.43
0.250.30.07-0.52-0.27-0.3-0.240.20.72-0.420.711.01.0-0.6-0.28-0.91.00.411.00.250.16-0.44
0.230.280.07-0.5-0.25-0.28-0.210.220.74-0.40.71.01.0-0.58-0.25-0.881.00.391.00.230.14-0.42
-0.72-0.68-0.070.980.610.910.910.54-0.130.97-0.81-0.58-0.6-0.580.920.87-0.59-0.73-0.58-0.72-0.770.89
-0.8-0.740.010.920.680.960.990.690.120.99-0.7-0.26-0.28-0.250.920.64-0.27-0.73-0.26-0.8-0.840.82
-0.56-0.590.030.840.550.660.60.16-0.490.75-0.84-0.89-0.9-0.880.870.64-0.89-0.69-0.89-0.56-0.450.73
0.260.30.06-0.52-0.27-0.3-0.230.210.73-0.420.711.01.01.0-0.59-0.27-0.890.411.00.260.15-0.43
0.930.99-0.43-0.76-0.97-0.65-0.71-0.210.28-0.740.80.40.410.39-0.73-0.73-0.690.410.40.930.51-0.5
0.240.280.07-0.5-0.26-0.28-0.220.210.73-0.40.71.01.01.0-0.58-0.26-0.891.00.40.240.14-0.43
1.00.95-0.2-0.72-0.89-0.67-0.81-0.240.23-0.790.830.240.250.23-0.72-0.8-0.560.260.930.240.73-0.43
0.730.510.45-0.72-0.38-0.71-0.89-0.460.01-0.830.670.140.160.14-0.77-0.84-0.450.150.510.140.73-0.54
-0.43-0.450.040.920.440.920.790.780.230.86-0.47-0.43-0.44-0.420.890.820.73-0.43-0.5-0.43-0.43-0.54
Click cells to compare fundamentals

Kuke Music Account Relationship Matchups

Kuke Music income statement Accounts

201920202021202220232024 (projected)
Tax Provision9.1M3.6M102K6.5M6K5.7K
Net Interest Income(3.0M)(8.5M)(7.6M)(4.8M)(7.0M)(7.4M)
Interest Income258K1.6M79K34K9K8.6K
Depreciation And Amortization8.6M12.1M37.0M23.3M9.8M17.6M
Interest Expense3.2M10.1M7.7M4.8M7.0M6.4M
Selling General Administrative27.3M65.0M132.2M69.0M46.1M70.5M
Selling And Marketing Expenses18.3M25.8M73.6M32.0M40.7M38.8M
Total Revenue146.1M162.9M302.0M115.1M106.9M131.4M
Gross Profit113.7M118.6M172.8M17.3M50.6M78.8M
Other Operating Expenses76.2M135.1M336.8M197.9M165.7M185.5M
Operating Income68.8M21.7M(34.8M)(82.8M)(58.8M)(55.8M)
Net Income From Continuing Ops56.8M(15.2M)(56.1M)(896.9M)(65.8M)(69.1M)
Ebit68.8M(1.5M)(64.6M)(885.6M)(58.8M)(61.7M)
Ebitda77.5M10.6M(27.5M)(862.3M)(49.0M)(51.4M)
Cost Of Revenue32.3M44.3M129.1M97.8M56.3M72.2M
Total Operating Expenses43.9M90.8M207.6M100.1M109.4M113.2M
Reconciled Depreciation6.6M12.1M23.3M37.0M9.8M17.3M
Income Before Tax65.9M(11.6M)(56.0M)(890.4M)(65.8M)(69.1M)
Total Other Income Expense Net(3.0M)(8.5M)(8.1M)(5.8M)(7.0M)(7.4M)
Net Income Applicable To Common Shares56.1M(16.4M)(57.5M)(894.2M)(804.8M)(764.6M)
Net Income56.1M(15.2M)(56.1M)(896.9M)(65.3M)(68.6M)
Income Tax Expense9.1M3.6M102K6.5M6K5.7K
Minority Interest3.9M5.1M(1.4M)2.7M514K488.3K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kuke Music Holding is a strong investment it is important to analyze Kuke Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kuke Music's future performance. For an informed investment choice regarding Kuke Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kuke Music. If investors know Kuke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kuke Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.261
Earnings Share
(0.28)
Revenue Per Share
3.174
Quarterly Revenue Growth
0.037
Return On Assets
(0.09)
The market value of Kuke Music Holding is measured differently than its book value, which is the value of Kuke that is recorded on the company's balance sheet. Investors also form their own opinion of Kuke Music's value that differs from its market value or its book value, called intrinsic value, which is Kuke Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kuke Music's market value can be influenced by many factors that don't directly affect Kuke Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kuke Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kuke Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kuke Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.