Qutoutiao Inc.
Qutoutiao Inc. operates mobile content platforms for the distribution, consumption, and sharing of entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that delivers customized feeds of articles and short videos to users based on their profiles, interests, and behaviors. It also offers Midu Novels, a mobile literature application, which off… Read more
Qutoutiao Inc. (QTTOY) - Net Assets
Latest net assets as of December 2021: $-191.00 Million USD
Based on the latest financial reports, Qutoutiao Inc. (QTTOY) has net assets worth $-191.00 Million USD as of December 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($326.43 Million) and total liabilities ($517.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-191.00 Million |
| % of Total Assets | -58.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Qutoutiao Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Qutoutiao Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qutoutiao Inc. (2019–2024)
The table below shows the annual net assets of Qutoutiao Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.54 Billion | -8.09% |
| 2023-12-31 | $-2.35 Billion | -8.18% |
| 2022-12-31 | $-2.18 Billion | -78.78% |
| 2021-12-31 | $-1.22 Billion | -534.57% |
| 2020-12-31 | $-191.84 Million | +8.43% |
| 2019-12-31 | $-209.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qutoutiao Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 419161483800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.00K | % |
| Other Comprehensive Income | $-212.37 Million | % |
| Other Components | $4.95 Billion | % |
| Total Equity | $-4.32 Billion | 100.00% |
Qutoutiao Inc. Competitors by Market Cap
The table below lists competitors of Qutoutiao Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KOMORI
BE:KOI
|
$84.91K |
|
SHIP FINANCEINTL
HM:UG6
|
$84.97K |
|
BRIG.M3 EUROP.ACQ.A-0001
F:KN2
|
$84.97K |
|
Hyosung ITX Co. Ltd.
KQ:094280
|
$84.98K |
|
IMMORENTE INVEST
BC:IMMORENTE-INVEST
|
$84.84K |
|
ZWIPE AS NK -10
F:4ZW
|
$84.59K |
|
Murchison Minerals Ltd
PINK:MURMF
|
$84.55K |
|
Smartset Services Inc
V:SMAR-P
|
$84.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qutoutiao Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,937,388,000 to -4,315,010,000, a change of -377,622,000.
- Net loss of 167,530,000 reduced equity.
- Other comprehensive income decreased equity by 54,865,000.
- Other factors decreased equity by 155,227,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-167.53 Million | -3.88% |
| Other Comprehensive Income | $-54.87 Million | -1.27% |
| Other Changes | $-155.23 Million | -3.6% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Qutoutiao Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-10.77 | $0.01 | x |
| 2020-12-31 | $-110.39 | $0.01 | x |
| 2021-12-31 | $-197.11 | $0.01 | x |
| 2022-12-31 | $-292.86 | $0.01 | x |
| 2023-12-31 | $-321.14 | $0.01 | x |
| 2024-12-31 | $-351.94 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qutoutiao Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.39%
- • Asset Turnover: 2.13x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -48.27% | 1.89x | 0.00x | $-2.62 Billion |
| 2020 | 0.00% | -20.90% | 1.81x | 0.00x | $-976.36 Million |
| 2021 | 0.00% | -28.57% | 2.09x | 0.00x | $-1.00 Billion |
| 2022 | 0.00% | -84.46% | 1.86x | 0.00x | $-555.69 Million |
| 2023 | 0.00% | -24.86% | 1.80x | 0.00x | $208.43 Million |
| 2024 | 0.00% | -16.39% | 2.13x | 0.00x | $263.97 Million |
Industry Comparison
This section compares Qutoutiao Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $13,674,603,475
- Average return on equity (ROE) among peers: -6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qutoutiao Inc. (QTTOY) | $-191.00 Million | 0.00% | N/A | $84.86K |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $1.06 Billion | 3.39% | 0.72x | $212.73 Million |
| ApartmentLove Inc (APMLF) | $-121.80K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $2.51 Million | 22.60% | 0.12x | $28.14 Million |
| Autohome Inc (ATHM) | $23.81 Billion | 10.75% | 0.19x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $617.00 |
| BDCTF (BDCTF) | $7.45 Million | -105.68% | 3.56x | $12.72 Million |
| Baidu Inc (BIDU) | $97.74 Billion | 11.90% | 0.86x | $41.50 Billion |