Kuke Music Holding Ltd
NYSE:KUKE
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Kuke Music Holding Ltd
NYSE:KUKE
|
4.3m USD |
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|
|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
331.9B USD |
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|
|
| US |
|
Walt Disney Co
NYSE:DIS
|
190.3B USD |
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|
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
100.9B USD |
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|
|
| US |
|
Warner Bros Discovery Inc
NASDAQ:WBD
|
71.1B USD |
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|
|
| NL |
|
Universal Music Group NV
AEX:UMG
|
35.8B EUR |
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|
|
| US |
|
TKO Group Holdings Inc
NYSE:TKO
|
41.1B USD |
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|
|
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
38.3B USD |
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|
|
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
23.5B USD |
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|
|
| FR |
|
Bollore SE
PAR:BOL
|
13.6B EUR |
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|
|
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
15.6B USD |
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|
Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
Kuke Music Holding Ltd
Glance View
Kuke Music Holding Ltd. is an investment holding company. The company is headquartered in Beijing, Beijing. The company went IPO on 2021-01-12. The firm mainly operates through two segments. The Subscription, Licensing and Smart Education segment engages in the distribution of commercial copyrights and provision of music education solutions. The Music Events segment engages in the provision of music festival events and music performance services. The Company’s smart music education solutions primarily comprise the offering of Kuke smart pianos, Kuke smart music teaching systems and Kukey courses.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Kuke Music Holding Ltd is 39.1%, which is below its 3-year median of 40.7%.
Over the last 3 years, Kuke Music Holding Ltd’s Gross Margin has decreased from 57.4% to 39.1%. During this period, it reached a low of 15% on Dec 31, 2022 and a high of 57.7% on Jun 30, 2024.
