Kuke Music Holding ( (KUKE) ) has released a notification of late filing.
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Kuke Music Holding Limited has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The company cites time constraints in compiling, disseminating, and reviewing the necessary information, including financial statements, as the primary reason for the delay. Kuke Music anticipates that it will be able to file the report no later than fifteen days after the original due date, by May 15, 2025. The company does not expect any significant changes in its financial results compared to the previous fiscal year. Kuke Music is committed to maintaining compliance and has authorized its CEO, He Yu, to sign the notification.
Spark’s Take on KUKE Stock
According to Spark, TipRanks’ AI Analyst, KUKE is a Neutral.
The overall score for Kuke Music Holding is mainly driven by its challenging financial performance, marked by consistent net losses and liquidity problems. Technical analysis indicates uncertainty in stock momentum, while valuation metrics are weak due to negative earnings and lack of dividends. These factors collectively contribute to a low overall score, highlighting significant risks.
To see Spark’s full report on KUKE stock, click here.
More about Kuke Music Holding
YTD Price Performance: 12.15%
Average Trading Volume: 90,872
Technical Sentiment Signal: Buy
Current Market Cap: $17.52M
See more data about KUKE stock on TipRanks’ Stock Analysis page.