QTTOY (Qutoutiao) Shares Outstanding (Basic Average): 30.7 Mil (As of Dec. 2024)

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Director of Data and Quant Analytics at GuruFocus
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What is Qutoutiao Shares Outstanding (Basic Average)?

Qutoutiao QTTOY -97.00% Shares Outstanding (Basic Average) is 30.7 Mil as of Dec. 2024. The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Qutoutiao's average basic shares outstanding for the quarter that ended in Dec. 2024 was 30.7 Mil.

Qutoutiao  (OTCPK:QTTOY) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Qutoutiao Shares Outstanding (Basic Average) Related Terms

Qutoutiao Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Qutoutiao's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qutoutiao Shares Outstanding (Basic Average) Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 29.01 30.31 30.65 30.65 30.65

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only 29.01 30.31 30.65 30.65 30.65

Qutoutiao Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 30.7 Mil mean?
Qutoutiao (QTTOY) has a Shares Outstanding (Basic Average) of 30.7 Mil as of Dec. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Qutoutiao and its competitors.
Is Qutoutiao's Shares Outstanding (Basic Average) too high?
Qutoutiao's current Shares Outstanding (Basic Average) is 30.7 Mil.
How does Qutoutiao's Shares Outstanding (Basic Average) compare to FRZT and GOOGL?
Qutoutiao's Shares Outstanding (Basic Average) of 30.7 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Interactive Media company?
A good Shares Outstanding (Basic Average) depends on the Interactive Media industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Qutoutiao and its competitors. Qutoutiao's current Shares Outstanding (Basic Average) is 30.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qutoutiao stock overvalued right now?
Based on GuruFocus' analysis, Qutoutiao (QTTOY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.00 — trading 99% below its estimated fair value. The current Shares Outstanding (Basic Average) is 30.7 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Qutoutiao (QTTOY), the current Shares Outstanding (Basic Average) is 30.7 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Qutoutiao Business Description

Address 519 Yi De Road, Building No. 2, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application, Qutoutiao, aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms, which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature. The company generates revenue by providing advertising and marketing services.