Kuke Music Holding Limited (KUKE)
Kuke Music Holding Limited operates in the Entertainment industry of the Communication Services sector, headquartered in Beijing, CN. The stock last traded at $1.39, up 39.18% on the session, giving a market capitalisation of $39.4M. On trailing twelve-month figures it carries a trailing P/E of -0.63, a net margin of -94.2%. Its beta of -0.12 implies it has historically moved less than the broad market.
Kuke Music Holding Limited, operating through its various entities, delivers a range of classical music services across China. These offerings include music licensing, subscription access, and educational programs. The company's operations are structured into two distinct divisions: the 'Subscription, Licensing and Smart Music Learning Business' and the 'Music Events and Performances Business'. Through the former, Kuke manages the distribution of commercial music copyrights and delivers innovative music education solutions. The latter segment is responsible for organizing music festivals and various performance events, in addition to retailing musical instruments. Kuke's extensive music library is licensed primarily to major online music entertainment platforms and digital service providers. Its content also finds its way to film and television production companies, airlines, and developers of smart hardware. As of December 31, 2021, the company boasted 802 institutional subscribers. This impressive client base comprised 477 universities and music conservatories, alongside 325 public libraries. Established in 2002, Kuke Music Holding Limited maintains its headquarters in Beijing, China.
Kuke Music Holding Limited is most often compared with the following Communication Services names: