Qutoutiao Inc.

Qutoutiao Inc.verified

QTT

Price:

$0.182

Market Cap:

$39.73M

Qutoutiao Inc. operates mobile platforms for the distribution, consumption, and sharing of light entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that aggregates articles and videos from content providers and presents real-time customized feeds to users, as well as provides online data processing and transaction processing services. It also offers Midu Novels, a mobile literature application that offers users free literature supported by advertising, as well as Midu Lite mobile literature application. The company was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. Qutoutiao Inc. was founded in 2016...[Read more]

Industry

Internet Content & Information

IPO Date

2018-09-14

Stock Exchange

NASDAQ

Ticker

QTT

The ROE as of October 2024 (TTM) for Qutoutiao Inc. (QTT) is 67.40%

According to Qutoutiao Inc.’s latest financial reports and current stock price. The company's current ROE is 67.40%. This represents a change of 319.57% compared to the average of 16.07% of the last 4 quarters.

Qutoutiao Inc. (QTT) Historical ROE (quarterly & annually)

How has QTT ROE performed in the past?

The mean historical ROE of Qutoutiao Inc. over the last ten years is 72.15%. The current 67.40% ROE has changed -6.58% with respect to the historical average. Over the past ten years (40 quarters), QTT's ROE was at its highest in in the September 2019 quarter at 395.17%. The ROE was at its lowest in in the June 2019 quarter at -114.59%.

Quarterly (TTM)
Annual

Average

72.15%

Median

69.03%

Minimum

-128.26%

Maximum

383.37%

Qutoutiao Inc. (QTT) ROE by Quarter and Year

Discovering the peaks and valleys of Qutoutiao Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 123.79%

Maximum Annual ROE = 383.37%

Minimum Annual Increase = -398.89%

Minimum Annual ROE = -128.26%

Quarterly (TTM)
Annual
YearROEChange
202151.77%-40.01%
202086.29%-77.49%
2019383.37%-398.89%
2018-128.26%123.79%
2017-57.31%-159.05%

Qutoutiao Inc. (QTT) Average ROE

How has QTT ROE performed in the past?

The current ROE of Qutoutiao Inc. (QTT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

173.81%

5-year avg

67.17%

10-year avg

72.15%

Qutoutiao Inc. (QTT) ROE vs. Peers

How is QTT’s ROE compared to its peers?

Qutoutiao Inc.’s ROE is

CompanyROEMarket cap

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