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) - Total Assets
Latest total assets as of December 2021: $326.43 Million USD
Based on the latest financial reports, Qutoutiao Inc. (QTTOY) holds total assets worth $326.43 Million USD as of December 2021.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Qutoutiao Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Qutoutiao Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qutoutiao Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Qutoutiao Inc.'s total assets of $326.43 Million consist of 91.0% current assets and 9.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.1% |
| Accounts Receivable | $319.17 Million | 66.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $38.91 Million | 8.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Qutoutiao Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qutoutiao Inc.'s current assets represent 91.0% of total assets in 2024, a decrease from 91.6% in 2019.
- Cash Position: Cash and equivalents constituted 14.1% of total assets in 2024, up from 11.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 66.7% of total assets.
Qutoutiao Inc. Competitors by Total Assets
Key competitors of Qutoutiao Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Qutoutiao Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Qutoutiao Inc. generates 2.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Qutoutiao Inc. is currently not profitable relative to its asset base.
Qutoutiao Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.57 | 1.29 | 1.29 |
| Quick Ratio | 0.57 | 1.29 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-219.85 Million | $ 590.69 Million | $ 590.69 Million |
Qutoutiao Inc. - Advanced Valuation Insights
This section examines the relationship between Qutoutiao Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.8% |
| Total Assets | $478.71 Million |
| Market Capitalization | $84.86K USD |
Valuation Analysis
Below Book Valuation: The market values Qutoutiao Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qutoutiao Inc.'s assets grew by 15.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qutoutiao Inc. (2019–2024)
The table below shows the annual total assets of Qutoutiao Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $478.71 Million | +15.80% |
| 2023-12-31 | $413.41 Million | -28.91% |
| 2022-12-31 | $581.54 Million | -72.05% |
| 2021-12-31 | $2.08 Billion | -28.65% |
| 2020-12-31 | $2.92 Billion | -0.83% |
| 2019-12-31 | $2.94 Billion | -- |