Kuke Music Net Income vs. Price To Book

KUKE Stock  USD 0.33  0.03  8.33%   
Based on the measurements of profitability obtained from Kuke Music's financial statements, Kuke Music Holding may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Kuke Music's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-65.3 M
Current Value
-68.6 M
Quarterly Volatility
239.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of December 14, 2024, Price To Sales Ratio is expected to decline to 2.03. In addition to that, Days Sales Outstanding is expected to decline to 81.26. At present, Kuke Music's Income Quality is projected to slightly decrease based on the last few years of reporting.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.640.4731
Significantly Up
Slightly volatile
For Kuke Music profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kuke Music to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kuke Music Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kuke Music's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kuke Music Holding over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
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.

Kuke Music Holding Price To Book vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kuke Music's current stock value. Our valuation model uses many indicators to compare Kuke Music value to that of its competitors to determine the firm's financial worth.
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Kuke Music Holding is rated below average in net income category among its peers. It is rated fifth overall in price to book category among its peers . At present, Kuke Music's Net Loss is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kuke Music by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Kuke Price To Book vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Kuke Music

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(65.29 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Kuke Music

P/B

 = 

MV Per Share

BV Per Share

 = 
2.48 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Kuke Price To Book Comparison

2.484.914.723.082.79100%
Kuke Music is currently under evaluation in price to book category among its peers.

Kuke Music Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kuke Music, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kuke Music will eventually generate negative long term returns. The profitability progress is the general direction of Kuke Music's change in net profit over the period of time. It can combine multiple indicators of Kuke Music, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income941.2 M503.1 M
Net Interest Income-7 M-7.4 M
Interest IncomeK8.6 K
Operating Income-58.8 M-55.8 M
Net Loss-65.8 M-69.1 M
Income Before Tax-65.8 M-69.1 M
Total Other Income Expense Net-7 M-7.4 M
Net Loss-804.8 M-764.6 M
Net Loss-65.3 M-68.6 M
Income Tax ExpenseK5.7 K
Change To Netincome952.9 MB
Net Loss(2.09)(2.20)
Income Quality 0.32  0.33 
Net Income Per E B T 0.99  0.79 

Kuke Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Kuke Music. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kuke Music position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kuke Music's important profitability drivers and their relationship over time.

Use Kuke Music in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kuke Music position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kuke Music will appreciate offsetting losses from the drop in the long position's value.

Kuke Music Pair Trading

Kuke Music Holding Pair Trading Analysis

The ability to find closely correlated positions to Kuke Music could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kuke Music when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kuke Music - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kuke Music Holding to buy it.
The correlation of Kuke Music is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kuke Music moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kuke Music Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kuke Music can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Kuke Music position

In addition to having Kuke Music in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run SRI Sustainable Growth Thematic Idea Now

SRI Sustainable Growth
SRI Sustainable Growth Theme
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize SRI Sustainable Growth Theme or any other thematic opportunities.
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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:
Check out Correlation Analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
To fully project Kuke Music's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kuke Music Holding at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kuke Music's income statement, its balance sheet, and the statement of cash flows.
Potential Kuke Music investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kuke Music investors may work on each financial statement separately, they are all related. The changes in Kuke Music's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kuke Music's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

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