Qutoutiao Inc. Sponsored ADR
QTT Communication Services Internet Content & Information
Qutoutiao Inc. Sponsored ADR’s revenue for fiscal 2024 (year ended December 2024) was $140.0 million, up 33.3% from fiscal 2023. Operating cash flow growth for three consecutive years.
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Qutoutiao Inc. Sponsored ADR (QTT) Piotroski F-score
Qutoutiao Inc. Sponsored ADR's Piotroski F-score for fiscal 2024 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, up from 4 in fiscal 2023.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2024 | 6 | 2.00 |
| FY2023 | 4 | 2.00 |
| FY2022 | 2 | (1.00) |
| FY2021 | 3 | 0.00 |
| FY2020 | 3 | — |
How fiscal 2024’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (72.94%) | (65.07%) | Fail | 0 |
| Positive operating cash flow | 525.00k | (9.25m) | Pass | 1 |
| Rising return on assets | (72.94%) | (65.07%) | Fail | 0 |
| Cash flow above net income | 45.68m | 37.13m | Pass | 1 |
| Falling long-term leverage | 4.80 | 3.84 | Fail | 0 |
| Rising current ratio | 0.52 | 0.43 | Pass | 1 |
| No new shares issued | 30,652,400 | 306,524,000 | Pass | 1 |
| Rising gross margin | 45.17% | 44.21% | Pass | 1 |
| Rising asset turnover | 2.26 | 1.47 | Pass | 1 |
| Piotroski F-score | Mixed | 6 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| SOGP Sound Group Inc. - Sponsored ADR compare | 9 |
| CMCM Cheetah Mobile Inc. compare | 6 |
| QTT Qutoutiao Inc. Sponsored ADR | 6 |
| BODI The Beachbody Company, Inc. compare | 5 |
| SFUN Fang Holdings Limited compare | 5 |
| GIFT Giftify, Inc. compare | 5 |
| GETY Getty Images Holdings, Inc. compare | 4 |
| MNY MoneyHero Limited compare | 3 |
| SEAT Vivid Seats Inc. compare | 2 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover