QTTOY (Qutoutiao) Tax Provision: $0.1 Mil (TTM As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Qutoutiao Tax Provision?

Qutoutiao QTTOY Tax Provision is $0.1 Mil as of Dec. 2024. The stock has 5 warning signs investors should review.

Qutoutiao's tax provision for the six months ended in Dec. 2024 was $0.1 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2024 was $0.1 Mil.

Qutoutiao Tax Provision Historical Data

* Premium members only.

The historical data trend for Qutoutiao's Tax Provision 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 Tax Provision Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Provision
Get a 7-Day Free Trial Premium Member Only 0.15 -0.48 0.15 0.28 0.12

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Provision Get a 7-Day Free Trial Premium Member Only 0.15 -0.48 0.15 0.28 0.12

Qutoutiao Tax Provision Calculation

Tax to be paid.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Provision for the trailing twelve months (TTM) ended in Dec. 2024 was $0.1 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $0.1 Mil mean?
Qutoutiao (QTTOY) has a Tax Provision of $0.1 Mil as of Dec. 2024. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Qutoutiao and its competitors.
Is Qutoutiao's Tax Provision too high?
Qutoutiao's current Tax Provision is $0.1 Mil.
How does Qutoutiao's Tax Provision compare to FRZT and BHATF?
Qutoutiao's Tax Provision of $0.1 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 Tax Provision for an Interactive Media company?
A good Tax Provision depends on the Interactive Media industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Qutoutiao and its competitors. Qutoutiao's current Tax Provision is $0.1 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 Tax Provision is $0.1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Qutoutiao (QTTOY), the current Tax Provision is $0.1 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.