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Kuke Music Holding Ltd
Buy, Hold or Sell?

Let's analyse Kuke together

PenkeI guess you are interested in Kuke Music Holding Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Kuke Music Holding Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Kuke (30 sec.)










What can you expect buying and holding a share of Kuke? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
$0.25
Expected worth in 1 year
$-14.47
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
$-14.72
Return On Investment
-818.0%

For what price can you sell your share?

Current Price per Share
$1.80
Expected price per share
$1.6 - $3.0401
How sure are you?
50%

1. Valuation of Kuke (5 min.)




Live pricePrice per Share (EOD)

$1.80

Intrinsic Value Per Share

$-4.66 - $-5.43

Total Value Per Share

$-4.41 - $-5.18

2. Growth of Kuke (5 min.)




Is Kuke growing?

Current yearPrevious yearGrowGrow %
How rich?$8.4m$130.8m-$122.4m-1,454.9%

How much money is Kuke making?

Current yearPrevious yearGrowGrow %
Making money-$124.1m-$7.7m-$116.3m-93.7%
Net Profit Margin-779.1%-18.6%--

How much money comes from the company's main activities?

3. Financial Health of Kuke (5 min.)




4. Comparing to competitors in the Entertainment industry (5 min.)




  Industry Rankings (Entertainment)  


Richest
#183 / 233

Most Revenue
#171 / 233

Most Profit
#223 / 233

Most Efficient
#224 / 233

What can you expect buying and holding a share of Kuke? (5 min.)

Welcome investor! Kuke's management wants to use your money to grow the business. In return you get a share of Kuke.

What can you expect buying and holding a share of Kuke?

First you should know what it really means to hold a share of Kuke. And how you can make/lose money.

Speculation

The Price per Share of Kuke is $1.8. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kuke.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kuke, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.25. Based on the TTM, the Book Value Change Per Share is $-3.68 per quarter. Based on the YOY, the Book Value Change Per Share is $1.18 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kuke.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-3.72-206.8%-3.72-206.8%-0.24-13.3%-0.73-40.4%-0.73-40.4%
Usd Book Value Change Per Share-3.68-204.5%-3.68-204.5%1.1865.7%0.052.8%0.052.8%
Usd Dividend Per Share0.000.0%0.000.0%0.105.4%0.021.1%0.021.1%
Usd Total Gains Per Share-3.68-204.5%-3.68-204.5%1.2871.1%0.073.9%0.073.9%
Usd Price Per Share0.53-0.53-4.26-0.96-0.96-
Price to Earnings Ratio-0.14--0.14--17.81--3.59--3.59-
Price-to-Total Gains Ratio-0.14--0.14-3.33-1.59-1.59-
Price to Book Ratio2.09-2.09-1.08-0.64-0.64-
Price-to-Total Gains Ratio-0.14--0.14-3.33-1.59-1.59-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.8
Number of shares555
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share-3.680.05
Usd Total Gains Per Share-3.680.07
Gains per Quarter (555 shares)-2,043.0538.88
Gains per Year (555 shares)-8,172.19155.51
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-8172-818243112146
20-16344-1635486225302
30-24517-24526130337458
40-32689-32698173449614
50-40861-40870216562770
60-49033-49042259674926
70-57205-572143027861082
80-65378-653863458991238
90-73550-7355838910111394
100-81722-8173043211231550

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%2.03.00.040.0%2.03.00.040.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%4.01.00.080.0%4.01.00.080.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%1.00.04.020.0%1.00.04.020.0%1.00.04.020.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%4.01.00.080.0%4.01.00.080.0%

Fundamentals of Kuke

About Kuke Music Holding Ltd

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music Events Business segment provides music festival events and music performance services; and sells musical instruments, including conch smart speakers. The company licenses its music content primarily to online music entertainment platforms, digital music service providers, and commercial enterprises, as well as film and TV production companies, airlines, and smart hardware companies. It has institutional subscribers, including universities and music conservatories, as well as public libraries. Kuke Music Holding Limited was founded in 2002 and is headquartered in Beijing, China.

Fundamental data was last updated by Penke on 2024-03-14 01:59:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Kuke Music Holding Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Kuke earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Kuke to the Entertainment industry mean.
  • A Net Profit Margin of -779.1% means that $-7.79 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kuke Music Holding Ltd:

  • The MRQ is -779.1%. The company is making a huge loss. -2
  • The TTM is -779.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-779.1%TTM-779.1%0.0%
TTM-779.1%YOY-18.6%-760.6%
TTM-779.1%5Y-148.7%-630.5%
5Y-148.7%10Y-148.7%0.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-779.1%-0.1%-779.0%
TTM-779.1%-2.1%-777.0%
YOY-18.6%-3.0%-15.6%
5Y-148.7%-10.3%-138.4%
10Y-148.7%-8.2%-140.5%
1.1.2. Return on Assets

Shows how efficient Kuke is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kuke to the Entertainment industry mean.
  • -363.5% Return on Assets means that Kuke generated $-3.64 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kuke Music Holding Ltd:

  • The MRQ is -363.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -363.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-363.5%TTM-363.5%0.0%
TTM-363.5%YOY-5.0%-358.5%
TTM-363.5%5Y-69.7%-293.8%
5Y-69.7%10Y-69.7%0.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-363.5%0.1%-363.6%
TTM-363.5%-0.1%-363.4%
YOY-5.0%-0.4%-4.6%
5Y-69.7%-0.8%-68.9%
10Y-69.7%-0.5%-69.2%
1.1.3. Return on Equity

Shows how efficient Kuke is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Kuke to the Entertainment industry mean.
  • -1,534.2% Return on Equity means Kuke generated $-15.34 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kuke Music Holding Ltd:

  • The MRQ is -1,534.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1,534.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1,534.2%TTM-1,534.2%0.0%
TTM-1,534.2%YOY-6.0%-1,528.3%
TTM-1,534.2%5Y-301.0%-1,233.2%
5Y-301.0%10Y-301.0%0.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,534.2%0.9%-1,535.1%
TTM-1,534.2%0.6%-1,534.8%
YOY-6.0%-0.5%-5.5%
5Y-301.0%-1.2%-299.8%
10Y-301.0%-0.8%-300.2%

1.2. Operating Efficiency of Kuke Music Holding Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kuke is operating .

  • Measures how much profit Kuke makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kuke to the Entertainment industry mean.
  • An Operating Margin of -72.0% means the company generated $-0.72  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kuke Music Holding Ltd:

  • The MRQ is -72.0%. The company is operating very inefficient. -2
  • The TTM is -72.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-72.0%TTM-72.0%0.0%
TTM-72.0%YOY-11.5%-60.4%
TTM-72.0%5Y2.3%-74.2%
5Y2.3%10Y2.3%0.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-72.0%4.0%-76.0%
TTM-72.0%2.8%-74.8%
YOY-11.5%1.6%-13.1%
5Y2.3%-4.3%+6.6%
10Y2.3%-2.3%+4.6%
1.2.2. Operating Ratio

Measures how efficient Kuke is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Entertainment industry mean).
  • An Operation Ratio of 1.72 means that the operating costs are $1.72 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Kuke Music Holding Ltd:

  • The MRQ is 1.720. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.720. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.720TTM1.7200.000
TTM1.720YOY1.115+0.604
TTM1.7205Y0.968+0.751
5Y0.96810Y0.9680.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7201.309+0.411
TTM1.7201.288+0.432
YOY1.1151.265-0.150
5Y0.9681.412-0.444
10Y0.9681.254-0.286

1.3. Liquidity of Kuke Music Holding Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kuke is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Entertainment industry mean).
  • A Current Ratio of 0.29 means the company has $0.29 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Kuke Music Holding Ltd:

  • The MRQ is 0.294. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.294. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.294TTM0.2940.000
TTM0.294YOY1.471-1.176
TTM0.2945Y1.124-0.830
5Y1.12410Y1.1240.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2941.091-0.797
TTM0.2941.105-0.811
YOY1.4711.192+0.279
5Y1.1241.243-0.119
10Y1.1241.173-0.049
1.3.2. Quick Ratio

Measures if Kuke is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kuke to the Entertainment industry mean.
  • A Quick Ratio of 0.14 means the company can pay off $0.14 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kuke Music Holding Ltd:

  • The MRQ is 0.137. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.137. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.137TTM0.1370.000
TTM0.137YOY1.099-0.962
TTM0.1375Y0.912-0.774
5Y0.91210Y0.9120.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1370.535-0.398
TTM0.1370.589-0.452
YOY1.0990.712+0.387
5Y0.9120.730+0.182
10Y0.9120.777+0.135

1.4. Solvency of Kuke Music Holding Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kuke assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kuke to Entertainment industry mean.
  • A Debt to Asset Ratio of 0.75 means that Kuke assets are financed with 75.4% credit (debt) and the remaining percentage (100% - 75.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Kuke Music Holding Ltd:

  • The MRQ is 0.754. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.754. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.754TTM0.7540.000
TTM0.754YOY0.153+0.601
TTM0.7545Y0.393+0.361
5Y0.39310Y0.3930.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7540.570+0.184
TTM0.7540.571+0.183
YOY0.1530.552-0.399
5Y0.3930.569-0.176
10Y0.3930.527-0.134
1.4.2. Debt to Equity Ratio

Measures if Kuke is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kuke to the Entertainment industry mean.
  • A Debt to Equity ratio of 318.1% means that company has $3.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kuke Music Holding Ltd:

  • The MRQ is 3.181. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.181. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.181TTM3.1810.000
TTM3.181YOY0.181+3.000
TTM3.1815Y1.018+2.163
5Y1.01810Y1.0180.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1811.228+1.953
TTM3.1811.228+1.953
YOY0.1811.117-0.936
5Y1.0181.282-0.264
10Y1.0181.257-0.239

2. Market Valuation of Kuke Music Holding Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Kuke generates.

  • Above 15 is considered overpriced but always compare Kuke to the Entertainment industry mean.
  • A PE ratio of -0.14 means the investor is paying $-0.14 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kuke Music Holding Ltd:

  • The EOD is -0.484. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.142. Based on the earnings, the company is expensive. -2
  • The TTM is -0.142. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.484MRQ-0.142-0.341
MRQ-0.142TTM-0.1420.000
TTM-0.142YOY-17.811+17.668
TTM-0.1425Y-3.591+3.448
5Y-3.59110Y-3.5910.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-0.4840.020-0.504
MRQ-0.1420.003-0.145
TTM-0.142-0.473+0.331
YOY-17.8113.289-21.100
5Y-3.5915.710-9.301
10Y-3.59112.636-16.227
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kuke Music Holding Ltd:

  • The EOD is -6.247. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.839. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.839. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.247MRQ-1.839-4.408
MRQ-1.839TTM-1.8390.000
TTM-1.839YOY-4.488+2.649
TTM-1.8395Y-1.266-0.574
5Y-1.26610Y-1.2660.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-6.2471.617-7.864
MRQ-1.8391.688-3.527
TTM-1.8390.285-2.124
YOY-4.488-0.056-4.432
5Y-1.2661.479-2.745
10Y-1.2660.166-1.432
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kuke is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Entertainment industry mean).
  • A PB ratio of 2.09 means the investor is paying $2.09 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Kuke Music Holding Ltd:

  • The EOD is 7.114. Based on the equity, the company is overpriced. -1
  • The MRQ is 2.095. Based on the equity, the company is underpriced. +1
  • The TTM is 2.095. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.114MRQ2.095+5.020
MRQ2.095TTM2.0950.000
TTM2.095YOY1.083+1.012
TTM2.0955Y0.636+1.459
5Y0.63610Y0.6360.000
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD7.1141.302+5.812
MRQ2.0951.273+0.822
TTM2.0951.369+0.726
YOY1.0831.497-0.414
5Y0.6361.684-1.048
10Y0.6362.260-1.624
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Kuke Music Holding Ltd.

3.1. Institutions holding Kuke Music Holding Ltd

Institutions are holding 0.015% of the shares of Kuke Music Holding Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31UBS Group AG0.01340445144510
2023-12-31Qube Research & Technologies0.000102000
2023-09-30Citadel Advisors Llc000-40185-100
Total 0.013504471-35734-799.2%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Kuke Music Holding Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---3.681-3.6810%1.182-411%0.051-7375%0.051-7375%
Book Value Per Share--0.2530.2530%3.934-94%1.811-86%1.811-86%
Current Ratio--0.2940.2940%1.471-80%1.124-74%1.124-74%
Debt To Asset Ratio--0.7540.7540%0.153+394%0.393+92%0.393+92%
Debt To Equity Ratio--3.1813.1810%0.181+1655%1.018+212%1.018+212%
Dividend Per Share----0%0.097-100%0.019-100%0.019-100%
Eps---3.722-3.7220%-0.239-94%-0.727-80%-0.727-80%
Free Cash Flow Per Share---0.288-0.2880%-0.949+229%-0.424+47%-0.424+47%
Free Cash Flow To Equity Per Share---0.241-0.2410%0.132-282%-0.017-93%-0.017-93%
Gross Profit Margin--1.0361.0360%2.313-55%1.433-28%1.433-28%
Intrinsic Value_10Y_max---5.432--------
Intrinsic Value_10Y_min---4.659--------
Intrinsic Value_1Y_max---0.552--------
Intrinsic Value_1Y_min---0.536--------
Intrinsic Value_3Y_max---1.652--------
Intrinsic Value_3Y_min---1.561--------
Intrinsic Value_5Y_max---2.746--------
Intrinsic Value_5Y_min---2.522--------
Market Cap59853060.000+71%17623401.00017623401.0000%141652242.000-88%31855128.600-45%31855128.600-45%
Net Profit Margin---7.791-7.7910%-0.186-98%-1.487-81%-1.487-81%
Operating Margin---0.720-0.7200%-0.115-84%0.023-3242%0.023-3242%
Operating Ratio--1.7201.7200%1.115+54%0.968+78%0.968+78%
Pb Ratio7.114+71%2.0952.0950%1.083+93%0.636+230%0.636+230%
Pe Ratio-0.484-240%-0.142-0.1420%-17.811+12408%-3.591+2422%-3.591+2422%
Price Per Share1.800+71%0.5300.5300%4.260-88%0.958-45%0.958-45%
Price To Free Cash Flow Ratio-6.247-240%-1.839-1.8390%-4.488+144%-1.266-31%-1.266-31%
Price To Total Gains Ratio-0.489-240%-0.144-0.1440%3.329-104%1.593-109%1.593-109%
Quick Ratio--0.1370.1370%1.099-87%0.912-85%0.912-85%
Return On Assets---3.635-3.6350%-0.050-99%-0.697-81%-0.697-81%
Return On Equity---15.342-15.3420%-0.060-100%-3.010-80%-3.010-80%
Total Gains Per Share---3.681-3.6810%1.279-388%0.070-5355%0.070-5355%
Usd Book Value--8413059.2008413059.2000%130818171.200-94%60219085.600-86%60219085.600-86%
Usd Book Value Change Per Share---3.681-3.6810%1.182-411%0.051-7375%0.051-7375%
Usd Book Value Per Share--0.2530.2530%3.934-94%1.811-86%1.811-86%
Usd Dividend Per Share----0%0.097-100%0.019-100%0.019-100%
Usd Eps---3.722-3.7220%-0.239-94%-0.727-80%-0.727-80%
Usd Free Cash Flow---9580740.000-9580740.0000%-31561981.600+229%-14086794.880+47%-14086794.880+47%
Usd Free Cash Flow Per Share---0.288-0.2880%-0.949+229%-0.424+47%-0.424+47%
Usd Free Cash Flow To Equity Per Share---0.241-0.2410%0.132-282%-0.017-93%-0.017-93%
Usd Market Cap59853060.000+71%17623401.00017623401.0000%141652242.000-88%31855128.600-45%31855128.600-45%
Usd Price Per Share1.800+71%0.5300.5300%4.260-88%0.958-45%0.958-45%
Usd Profit---124131928.800-124131928.8000%-7758427.200-94%-24177400.480-81%-24177400.480-81%
Usd Revenue--15931916.00015931916.0000%41794308.800-62%24310596.640-34%24310596.640-34%
Usd Total Gains Per Share---3.681-3.6810%1.279-388%0.070-5355%0.070-5355%
 EOD+5 -3MRQTTM+0 -0YOY+4 -325Y+5 -3110Y+5 -31

4.2. Fundamental Score

Let's check the fundamental score of Kuke Music Holding Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.484
Price to Book Ratio (EOD)Between0-17.114
Net Profit Margin (MRQ)Greater than0-7.791
Operating Margin (MRQ)Greater than0-0.720
Quick Ratio (MRQ)Greater than10.137
Current Ratio (MRQ)Greater than10.294
Debt to Asset Ratio (MRQ)Less than10.754
Debt to Equity Ratio (MRQ)Less than13.181
Return on Equity (MRQ)Greater than0.15-15.342
Return on Assets (MRQ)Greater than0.05-3.635
Total1/10 (10.0%)

4.3. Technical Score

Let's check the technical score of Kuke Music Holding Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.290
Ma 20Greater thanMa 502.268
Ma 50Greater thanMa 1001.853
Ma 100Greater thanMa 2001.452
OpenGreater thanClose2.010
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Retained Earnings  8,4437,76516,208-2,27313,935-8,2445,690-123,759-118,069
Net Working Capital  8,229-2,2535,976-1,1784,7985,72410,522-28,184-17,662



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets246,740
Total Liabilities185,952
Total Stockholder Equity58,460
 As reported
Total Liabilities 185,952
Total Stockholder Equity+ 58,460
Total Assets = 246,740

Assets

Total Assets246,740
Total Current Assets53,269
Long-term Assets193,471
Total Current Assets
Cash And Cash Equivalents 5,425
Short-term Investments 116
Net Receivables 19,322
Inventory 778
Other Current Assets 27,744
Total Current Assets  (as reported)53,269
Total Current Assets  (calculated)53,385
+/- 116
Long-term Assets
Property Plant Equipment 16,259
Goodwill 764
Intangible Assets 66,212
Long-term Assets Other 110,236
Long-term Assets  (as reported)193,471
Long-term Assets  (calculated)193,471
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities180,887
Long-term Liabilities5,065
Total Stockholder Equity58,460
Total Current Liabilities
Short-term Debt 73,168
Short Long Term Debt 69,045
Accounts payable 35,012
Other Current Liabilities 52,019
Total Current Liabilities  (as reported)180,887
Total Current Liabilities  (calculated)229,244
+/- 48,357
Long-term Liabilities
Capital Lease Obligations 8,773
Long-term Liabilities  (as reported)5,065
Long-term Liabilities  (calculated)8,773
+/- 3,708
Total Stockholder Equity
Common Stock198
Retained Earnings -853,100
Accumulated Other Comprehensive Income 58,262
Other Stockholders Equity 853,100
Total Stockholder Equity (as reported)58,460
Total Stockholder Equity (calculated)58,460
+/-0
Other
Capital Stock198
Cash and Short Term Investments 5,425
Common Stock Shares Outstanding 29,622
Current Deferred Revenue20,688
Liabilities and Stockholders Equity 246,740
Net Debt 72,393
Net Invested Capital 127,505
Net Working Capital -127,618
Property Plant and Equipment Gross 81,077
Short Long Term Debt Total 77,818



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
185,522
360,548
503,626
877,353
1,115,315
246,740
246,7401,115,315877,353503,626360,548185,522
   > Total Current Assets 
97,659
193,097
222,611
238,988
237,498
53,269
53,269237,498238,988222,611193,09797,659
       Cash And Cash Equivalents 
13,696
31,128
23,010
25,719
59,045
5,425
5,42559,04525,71923,01031,12813,696
       Short-term Investments 
0
0
1,245
89
244
116
116244891,24500
       Net Receivables 
79,964
119,490
185,382
183,796
118,233
19,322
19,322118,233183,796185,382119,49079,964
       Inventory 
430
1,005
1,807
950
7,307
778
7787,3079501,8071,005430
       Other Current Assets 
3,569
41,474
12,412
28,523
52,913
27,744
27,74452,91328,52312,41241,4743,569
   > Long-term Assets 
87,863
167,451
281,015
638,365
877,817
193,471
193,471877,817638,365281,015167,45187,863
       Property Plant Equipment 
5,499
4,527
14,847
33,053
63,503
16,259
16,25963,50333,05314,8474,5275,499
       Goodwill 
0
0
0
237,225
237,225
764
764237,225237,225000
       Long Term Investments 
0
0
2,325
491
1,000
0
01,0004912,32500
       Intangible Assets 
67,395
130,412
168,505
263,101
473,349
66,212
66,212473,349263,101168,505130,41267,395
       Long-term Assets Other 
11,784
28,789
91,542
95,578
95,004
110,236
110,23695,00495,57891,54228,78911,784
> Total Liabilities 
77,315
134,739
221,065
216,184
170,097
185,952
185,952170,097216,184221,065134,73977,315
   > Total Current Liabilities 
74,545
133,642
179,433
204,320
161,475
180,887
180,887161,475204,320179,433133,64274,545
       Short-term Debt 
7,500
41,861
60,217
67,660
43,979
73,168
73,16843,97967,66060,21741,8617,500
       Short Long Term Debt 
5,000
39,700
55,000
60,000
41,493
69,045
69,04541,49360,00055,00039,7005,000
       Accounts payable 
12,098
22,955
34,697
27,310
33,166
35,012
35,01233,16627,31034,69722,95512,098
       Other Current Liabilities 
88,306
54,485
68,470
85,036
60,824
52,019
52,01960,82485,03668,47054,48588,306
   > Long-term Liabilities 
2,770
1,097
41,632
11,864
8,622
5,065
5,0658,62211,86441,6321,0972,770
       Capital Lease Obligations 
4,563
2,161
14,713
17,490
3,279
8,773
8,7733,27917,49014,7132,1614,563
       Other Liabilities 
0
1,097
436
2,034
1,783
0
01,7832,0344361,0970
> Total Stockholder Equity
106,823
222,573
278,702
656,101
938,743
58,460
58,460938,743656,101278,702222,573106,823
   Common Stock
105
118
118
162
194
198
198194162118118105
   Retained Earnings Total Equity000000
   Accumulated Other Comprehensive Income 
106,718
222,455
278,584
655,939
938,549
58,262
58,262938,549655,939278,584222,455106,718
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
0
161,454
-117,107
-100,684
-41,114
853,100
853,100-41,114-100,684-117,107161,4540



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue115,115
Cost of Revenue-97,804
Gross Profit17,31117,311
 
Operating Income (+$)
Gross Profit17,311
Operating Expense-100,143
Operating Income-82,832-82,832
 
Operating Expense (+$)
Research Development18,661
Selling General Administrative69,030
Selling And Marketing Expenses32,033
Operating Expense100,143119,724
 
Net Interest Income (+$)
Interest Income34
Interest Expense-4,848
Other Finance Cost-0
Net Interest Income-4,814
 
Pretax Income (+$)
Operating Income-82,832
Net Interest Income-4,814
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-890,439724,775
EBIT - interestExpense = -87,680
-890,439
-892,059
Interest Expense4,848
Earnings Before Interest and Taxes (EBIT)-82,832-885,591
Earnings Before Interest and Taxes (EBITDA)-42,567
 
After tax Income (+$)
Income Before Tax-890,439
Tax Provision-6,468
Net Income From Continuing Ops-896,907-896,907
Net Income-896,907
Net Income Applicable To Common Shares-894,214
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses197,947
Total Other Income/Expenses Net-807,6074,814
 

Technical Analysis of Kuke
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kuke. The general trend of Kuke is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kuke's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Kuke Music Holding Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1.9 < 2.79 < 3.0401.

The bearish price targets are: 2 > 1.98 > 1.6.

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Kuke Music Holding Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Kuke Music Holding Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Kuke Music Holding Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kuke Music Holding Ltd. The current macd is 0.06853466.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kuke price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Kuke. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Kuke price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Kuke Music Holding Ltd Daily Moving Average Convergence/Divergence (MACD) ChartKuke Music Holding Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Kuke Music Holding Ltd. The current adx is 38.18.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Kuke shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Kuke Music Holding Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Kuke Music Holding Ltd. The current sar is 2.746688.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Kuke Music Holding Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Kuke Music Holding Ltd. The current rsi is 41.29. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Kuke Music Holding Ltd Daily Relative Strength Index (RSI) ChartKuke Music Holding Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Kuke Music Holding Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kuke price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Kuke Music Holding Ltd Daily Stochastic Oscillator ChartKuke Music Holding Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Kuke Music Holding Ltd. The current cci is -166.14683864.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Kuke Music Holding Ltd Daily Commodity Channel Index (CCI) ChartKuke Music Holding Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kuke Music Holding Ltd. The current cmo is -30.98274126.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Kuke Music Holding Ltd Daily Chande Momentum Oscillator (CMO) ChartKuke Music Holding Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Kuke Music Holding Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Kuke Music Holding Ltd Daily Williams %R ChartKuke Music Holding Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Kuke Music Holding Ltd.

Kuke Music Holding Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Kuke Music Holding Ltd. The current atr is 0.27506571.

Kuke Music Holding Ltd Daily Average True Range (ATR) ChartKuke Music Holding Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Kuke Music Holding Ltd. The current obv is 12,543,788.

Kuke Music Holding Ltd Daily On-Balance Volume (OBV) ChartKuke Music Holding Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Kuke Music Holding Ltd. The current mfi is 36.22.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Kuke Music Holding Ltd Daily Money Flow Index (MFI) ChartKuke Music Holding Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kuke Music Holding Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.

6.3. Candlestick Patterns

Kuke Music Holding Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Kuke Music Holding Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.290
Ma 20Greater thanMa 502.268
Ma 50Greater thanMa 1001.853
Ma 100Greater thanMa 2001.452
OpenGreater thanClose2.010
Total4/5 (80.0%)
Penke

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