QTTOY (Qutoutiao) Total Assets: $65.8 Mil (As of Dec. 2024)

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What is Qutoutiao Total Assets?

Qutoutiao QTTOY -97.00% Total Assets is $65.8 Mil as of Dec. 2024. The stock has 5 warning signs investors should review.

Qutoutiao's Total Assets for the quarter that ended in Dec. 2024 was $65.8 Mil.

During the past 12 months, Qutoutiao's average Total Assets Growth Rate was 19.00% per year. During the past 3 years, the average Total Assets Growth Rate was -37.80% per year. During the past 5 years, the average Total Assets Growth Rate was -31.00% per year.

During the past 9 years, Qutoutiao's highest 3-Year average Total Assets Growth Rate was 322.10%. The lowest was -46.50%. And the median was 11.10%.

Total Assets is connected with ROA %. Qutoutiao's annualized ROA % for the quarter that ended in Dec. 2024 was -37.22%. Total Assets is also linked to Revenue through Asset Turnover. Qutoutiao's Asset Turnover for the quarter that ended in Dec. 2024 was 2.27.


Qutoutiao  (OTCPK:QTTOY) Total Assets Explanation

Total Assets is connected with ROA %.

Qutoutiao's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=-23.01/( (57.899+65.751)/ 2 )
=-23.01/61.825
=-37.22 %

Note: The Net Income data used here is one times the annual (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Qutoutiao's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=140.356/( (57.899+65.751)/ 2 )
=140.356/61.825
=2.27

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Qutoutiao Total Assets Related Terms


Qutoutiao Total Assets Historical Data

* Premium members only.

The historical data trend for Qutoutiao's Total Assets 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 Total Assets Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 445.90 326.64 83.41 57.90 65.75

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only 445.90 326.64 83.41 57.90 65.75

Qutoutiao Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Qutoutiao's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=-349.508+415.258
=65.8

Qutoutiao's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=-349.508+415.258
=65.8

* 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 Total Assets →
What does a Total Assets of $65.8 Mil mean?
Qutoutiao (QTTOY) has a Total Assets of $65.8 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Qutoutiao and its competitors.
Is Qutoutiao's Total Assets too high?
Qutoutiao's current Total Assets is $65.8 Mil.
How does Qutoutiao's Total Assets compare to FRZT and GOOGL?
Qutoutiao's Total Assets of $65.8 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 Total Assets for an Interactive Media company?
A good Total Assets depends on the Interactive Media industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Qutoutiao and its competitors. Qutoutiao's current Total Assets is $65.8 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 Total Assets is $65.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Qutoutiao (QTTOY), the current Total Assets is $65.8 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.