Kuke Retained Earnings vs Total Stockholder Equity Analysis

KUKE Stock

USD 0.36 0.03 9.09%

Kuke Music financial indicator trend analysis is infinitely more than just investigating Kuke Music Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuke Music Holding is a good investment. Please check the relationship between Kuke Music Retained Earnings and its Total Stockholder Equity accounts. 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuke Music Holding Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.

The correlation between Kuke Music's Retained Earnings and Total Stockholder Equity is 0.35. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Kuke Music Holding, assuming nothing else is changed. The correlation between historical values of Kuke Music's Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Kuke Music Holding are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Kuke Music's Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Kuke Music's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

The current year's Selling General Administrative is expected to grow to about 70.5 M, whereas Tax Provision is forecasted to decline to 5,700.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	37.0M	23.3M	9.8M	17.6M
Interest Income	79K	34K	9K	8.6K

Depreciation And Amortization Interest Income

Kuke Music fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Intangible Assets
Total Assets		0.48	0.5	0.56	0.98	0.94	0.81	0.09	0.34	0.86	0.95	0.73	0.86	0.6	0.26	0.31	0.42	0.83	0.69	0.54	0.99	0.44	0.84	0.33	0.45	0.92
Short Long Term Debt Total	0.48		0.04	0.99	0.29	0.37	0.4	0.89	0.94	0.12	0.57	0.72	0.13	0.05	0.79	0.63	0.51	0.19	0.7	0.99	0.39	0.99	0.25	-0.54	1.0	0.53
Other Current Liab	0.5	0.04		0.11	0.53	0.48	0.35	-0.02	-0.1	0.21	0.55	0.18	0.21	0.28	-0.4	-0.09	0.4	0.19	0.02	0.08	0.51	-0.03	0.26	0.15	0.0	0.42
Total Current Liabilities	0.56	0.99	0.11		0.37	0.43	0.42	0.86	0.93	0.2	0.64	0.72	0.21	0.1	0.79	0.63	0.51	0.25	0.73	0.99	0.47	0.98	0.31	-0.49	0.99	0.61
Total Stockholder Equity	0.98	0.29	0.53	0.37		0.95	0.81	-0.12	0.15	0.91	0.9	0.64	0.91	0.63	0.09	0.16	0.34	0.86	0.6	0.35	0.99	0.24	0.85	0.49	0.25	0.87
Property Plant And Equipment Net	0.94	0.37	0.48	0.43	0.95		0.82	-0.01	0.3	0.84	0.92	0.73	0.84	0.41	0.21	0.17	0.28	0.91	0.66	0.41	0.96	0.33	0.68	0.29	0.34	0.89
Current Deferred Revenue	0.81	0.4	0.35	0.42	0.81	0.82		0.05	0.21	0.65	0.69	0.87	0.64	0.55	0.07	0.13	0.58	0.64	0.59	0.4	0.81	0.35	0.73	0.35	0.38	0.57
Net Debt	0.09	0.89	-0.02	0.86	-0.12	-0.01	0.05		0.87	-0.31	0.26	0.45	-0.3	-0.24	0.72	0.55	0.42	-0.2	0.44	0.86	-0.01	0.89	-0.15	-0.81	0.9	0.2
Accounts Payable	0.34	0.94	-0.1	0.93	0.15	0.3	0.21	0.87		0.05	0.46	0.59	0.06	-0.2	0.87	0.57	0.27	0.19	0.65	0.92	0.26	0.96	0.03	-0.68	0.95	0.48
Cash	0.86	0.12	0.21	0.2	0.91	0.84	0.65	-0.31	0.05		0.76	0.46	1.0	0.58	0.17	0.09	0.03	0.92	0.6	0.19	0.89	0.1	0.83	0.6	0.1	0.81
Non Current Assets Total	0.95	0.57	0.55	0.64	0.9	0.92	0.69	0.26	0.46	0.76		0.7	0.76	0.39	0.39	0.31	0.34	0.78	0.76	0.62	0.93	0.53	0.66	0.09	0.54	0.97
Non Currrent Assets Other	0.73	0.72	0.18	0.72	0.64	0.73	0.87	0.45	0.59	0.46	0.7		0.46	0.38	0.44	0.48	0.68	0.55	0.66	0.72	0.69	0.68	0.57	-0.03	0.7	0.59
Cash And Short Term Investments	0.86	0.13	0.21	0.21	0.91	0.84	0.64	-0.3	0.06	1.0	0.76	0.46		0.58	0.18	0.1	0.03	0.92	0.61	0.2	0.89	0.11	0.83	0.59	0.11	0.82
Net Receivables	0.6	0.05	0.28	0.1	0.63	0.41	0.55	-0.24	-0.2	0.58	0.39	0.38	0.58		-0.21	0.4	0.62	0.35	0.06	0.16	0.6	-0.02	0.91	0.75	0.01	0.35
Common Stock Shares Outstanding	0.26	0.79	-0.4	0.79	0.09	0.21	0.07	0.72	0.87	0.17	0.39	0.44	0.18	-0.21		0.53	-0.01	0.27	0.73	0.78	0.19	0.83	0.05	-0.57	0.81	0.48
Non Current Liabilities Total	0.31	0.63	-0.09	0.63	0.16	0.17	0.13	0.55	0.57	0.09	0.31	0.48	0.1	0.4	0.53		0.6	0.15	0.15	0.72	0.23	0.59	0.36	-0.16	0.6	0.34
Capital Lease Obligations	0.42	0.51	0.4	0.51	0.34	0.28	0.58	0.42	0.27	0.03	0.34	0.68	0.03	0.62	-0.01	0.6		-0.01	0.07	0.55	0.37	0.44	0.5	0.06	0.47	0.18
Inventory	0.83	0.19	0.19	0.25	0.86	0.91	0.64	-0.2	0.19	0.92	0.78	0.55	0.92	0.35	0.27	0.15	-0.01		0.62	0.25	0.85	0.17	0.64	0.39	0.17	0.83
Other Current Assets	0.69	0.7	0.02	0.73	0.6	0.66	0.59	0.44	0.65	0.6	0.76	0.66	0.61	0.06	0.73	0.15	0.07	0.62		0.67	0.66	0.71	0.44	-0.17	0.71	0.76
Total Liab	0.54	0.99	0.08	0.99	0.35	0.41	0.4	0.86	0.92	0.19	0.62	0.72	0.2	0.16	0.78	0.72	0.55	0.25	0.67		0.45	0.97	0.34	-0.46	0.98	0.6
Net Invested Capital	0.99	0.39	0.51	0.47	0.99	0.96	0.81	-0.01	0.26	0.89	0.93	0.69	0.89	0.6	0.19	0.23	0.37	0.85	0.66	0.45		0.35	0.84	0.4	0.36	0.9
Short Long Term Debt	0.44	0.99	-0.03	0.98	0.24	0.33	0.35	0.89	0.96	0.1	0.53	0.68	0.11	-0.02	0.83	0.59	0.44	0.17	0.71	0.97	0.35		0.19	-0.58	1.0	0.5
Total Current Assets	0.84	0.25	0.26	0.31	0.85	0.68	0.73	-0.15	0.03	0.83	0.66	0.57	0.83	0.91	0.05	0.36	0.5	0.64	0.44	0.34	0.84	0.19		0.67	0.21	0.64
Net Working Capital	0.33	-0.54	0.15	-0.49	0.49	0.29	0.35	-0.81	-0.68	0.6	0.09	-0.03	0.59	0.75	-0.57	-0.16	0.06	0.39	-0.17	-0.46	0.4	-0.58	0.67		-0.57	0.1
Short Term Debt	0.45	1.0	0.0	0.99	0.25	0.34	0.38	0.9	0.95	0.1	0.54	0.7	0.11	0.01	0.81	0.6	0.47	0.17	0.71	0.98	0.36	1.0	0.21	-0.57		0.51
Intangible Assets	0.92	0.53	0.42	0.61	0.87	0.89	0.57	0.2	0.48	0.81	0.97	0.59	0.82	0.35	0.48	0.34	0.18	0.83	0.76	0.6	0.9	0.5	0.64	0.1	0.51

Click cells to compare fundamentals

Kuke Music Account Relationship Matchups

Kuke Music fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	503.6M	877.4M	1.1B	246.7M	248.5M	236.1M
Short Long Term Debt Total	69.7M	77.5M	50.8M	77.8M	86.3M	65.0M
Other Current Liab	68.5M	136.6M	103.3M	71.3M	78.2M	94.4M
Total Current Liabilities	179.4M	204.3M	161.5M	180.9M	207.1M	179.4M
Total Stockholder Equity	278.7M	656.1M	938.7M	58.5M	21.7M	20.7M
Property Plant And Equipment Net	14.8M	33.1M	63.5M	16.3M	4.3M	4.0M
Current Deferred Revenue	16.0M	24.3M	23.5M	20.7M	6.3M	6.0M
Net Debt	46.7M	51.8M	(8.2M)	72.4M	78.7M	82.7M
Accounts Payable	34.7M	29.5M	33.5M	44.8M	57.4M	36.9M
Cash	23.0M	25.7M	59.0M	5.4M	7.6M	7.2M
Non Current Assets Total	281.0M	638.4M	877.8M	193.5M	194.8M	383.5M
Non Currrent Assets Other	91.5M	95.6M	95.0M	110.2M	22.1M	21.0M
Cash And Short Term Investments	23.0M	25.7M	59.0M	5.4M	8.3M	7.9M
Net Receivables	185.4M	181.9M	116.4M	11.8M	22.8M	21.7M
Short Term Investments	1.2M	89K	244K	116K	735.0K	381.7K
Liabilities And Stockholders Equity	503.6M	877.4M	1.1B	246.7M	248.5M	236.1M
Non Current Liabilities Total	41.6M	11.9M	8.6M	5.1M	17.9M	14.0M
Capital Lease Obligations	14.7M	17.5M	3.3M	8.8M	4.2M	4.0M
Inventory	1.8M	950K	7.3M	778K	1.0	0.95
Other Current Assets	12.4M	28.5M	52.9M	35.2M	21.1M	30.7M
Total Liab	221.1M	216.2M	170.1M	186.0M	224.9M	193.3M
Net Invested Capital	333.7M	716.1M	986.3M	127.5M	103.9M	98.7M
Short Long Term Debt	55M	60M	41.5M	69.0M	79.1M	54.9M
Total Current Assets	222.6M	239.0M	237.5M	53.3M	53.7M	51.1M
Accumulated Other Comprehensive Income	278.6M	655.9M	938.5M	58.3M	941.2M	503.1M
Net Working Capital	43.2M	34.7M	76.0M	(127.6M)	(153.3M)	(145.7M)
Short Term Debt	60.2M	67.7M	44.0M	73.2M	80.8M	59.0M
Intangible Assets	168.5M	263.1M	473.3M	66.2M	165.3M	209.7M
Retained Earnings	117.1M	100.7M	41.1M	(853.1M)	(918.4M)	(872.5M)
Other Stockholder Equity	(117.1M)	(100.7M)	39.8M	(1.3M)	(1.1M)	(1.2M)

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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:

How To Invest In Kuke

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Is Kuke Stock a good investment?

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What is Kuke Music's Net Worth?

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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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.

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Kuke Retained Earnings vs Total Stockholder Equity Analysis

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Stockholder Equity

Kuke Music fundamental ratios Correlations

Kuke Music Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kuke Music fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 1.0	Short Long Term Debt
Net Invested Capital	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Net Working Capital	- 0.81	Net Debt
Net Working Capital	- 0.68	Accounts Payable
Net Working Capital	- 0.58	Short Long Term Debt
Short Term Debt	- 0.57	Net Working Capital
Net Working Capital	- 0.57	Common Stock Shares Outstanding
Net Working Capital	- 0.54	Short Long Term Debt Total