Skip to content

Qutoutiao Inc.: 20-F filed 2019-04-11

What Qutoutiao Inc. reported in its annual report (foreign private issuer) filed 2019-04-11 (fiscal FY 2018): 47 published measures, 153 facts as tagged in accession 0001564590-19-011318.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2019-04-11
Fiscal period
fiscal FY 2018
Accession
0001564590-19-011318 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Qutoutiao Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-12-312,752,471,517CNY
At 2017-12-31476,580,750CNY
At 2018-12-31400,330,378USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-12-311,144,301,882CNY
At 2017-12-31311,246,070CNY
At 2018-12-31166,431,806USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2018-12-311,514,507,305CNY
At 2017-12-31-108,560,011CNY
At 2018-12-31220,275,952USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2018-12-312,186,288,246CNY
At 2017-12-31278,458,413CNY
At 2016-12-31268,628CNY
At 2015-12-3172,612CNY
At 2018-12-31317,982,437USD
At 2017-12-3140,500,096USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-1,942,571,687CNY365
2017-01-01 to 2017-12-31-94,759,689CNY365
2016-01-01 to 2016-12-31-10,862,379CNY366
2018-01-01 to 2018-12-31-282,535,334USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-434,764,524CNY365
2017-01-01 to 2017-12-31132,226,406CNY365
2016-01-01 to 2016-12-3112,719,290CNY366
2018-01-01 to 2018-12-31-63,233,877USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2018-01-01 to 2018-12-3114,924,590CNY365
2017-01-01 to 2017-12-314,543,180CNY365
2016-01-01 to 2016-12-31153,274CNY366
2018-01-01 to 2018-12-312,170,692USD365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2018-01-01 to 2018-12-313,022,145,785CNY365
2017-01-01 to 2017-12-31517,052,950CNY365
2016-01-01 to 2016-12-3157,954,312CNY366
2018-01-01 to 2018-12-31439,552,874USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2018-01-01 to 2018-12-312,298,043,751CNY365
2017-01-01 to 2017-12-31272,121,039CNY365
2018-01-01 to 2018-12-31334,236,601USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-72,492,552CNY365
2017-01-01 to 2017-12-31-121,918,529CNY365
2016-01-01 to 2016-12-31-12,523,274CNY366
2018-01-01 to 2018-12-31-10,543,604USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2018-12-31-2,153,235,425CNY
At 2017-12-31-117,456,701CNY
At 2018-12-31-313,175,103USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-400,541CNY365
2018-01-01 to 2018-12-31-58,256USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2018-12-3113,929,542CNY
At 2017-12-314,614,062CNY
At 2018-12-312,025,968USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2018-01-01 to 2018-12-31951,626,250CNY365
2017-01-01 to 2017-12-313,378,827CNY365
2016-01-01 to 2016-12-31393,766CNY366
2018-01-01 to 2018-12-31138,408,298USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-1,981,613,184CNY365
2017-01-01 to 2017-12-31-95,416,397CNY365
2016-01-01 to 2016-12-31-10,911,011CNY366
2018-01-01 to 2018-12-31-288,213,684USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2018-12-312,626,073,906CNY
At 2017-12-31466,207,742CNY
At 2018-12-31381,946,608USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2018-12-311,110,983,764CNY
At 2017-12-31311,246,070CNY
At 2018-12-31161,585,887USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2018-12-31131,249,219CNY
At 2017-12-3114,992,741CNY
At 2018-12-3119,089,407USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2018-12-317,268,330CNY
At 2018-12-311,057,135USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2018-12-3194,527,598CNY

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2018-12-31203,984,074CNY
At 2017-12-3143,250,595CNY
At 2018-12-3129,668,253USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2018-01-01 to 2018-12-314,500,871,132CNY365
2017-01-01 to 2017-12-31535,988,852CNY365
2016-01-01 to 2016-12-3161,687,002CNY366
2018-01-01 to 2018-12-31654,624,556USD365

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2018-01-01 to 2018-12-312,518,533,056CNY365
2017-01-01 to 2017-12-31440,572,455CNY365
2016-01-01 to 2016-12-3150,775,991CNY366
2018-01-01 to 2018-12-31366,305,440USD365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2018-01-01 to 2018-12-31497,592,461CNY365
2017-01-01 to 2017-12-3175,996,476CNY365
2016-01-01 to 2016-12-317,058,321CNY366
2018-01-01 to 2018-12-3172,371,822USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2018-01-01 to 2018-12-31270,107,740CNY365
2017-01-01 to 2017-12-3115,096,815CNY365
2016-01-01 to 2016-12-312,460,972CNY366
2018-01-01 to 2018-12-3139,285,541USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2017-12-3140,000,000shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2018-12-31-16,428,875CNY
At 2017-12-3124,651CNY
At 2018-12-31-2,389,481USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2018-12-311,511,232,780CNY
At 2017-12-31-108,560,011CNY
At 2016-12-31-11,191,017CNY
At 2015-12-31-722,404CNY
At 2018-12-31219,799,692USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2018-12-3118,589,072CNY
At 2017-12-314,981,040CNY

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2018-12-314,659,530CNY
At 2017-12-31366,978CNY

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2018-12-3194,527,598CNY
At 2018-12-3113,748,469USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2018-12-3110,672,141CNY
At 2017-12-315,758,946CNY
At 2018-12-311,552,198USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2018-12-319,686,219CNY
At 2018-12-311,408,802USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2018-12-3144,133,812CNY
At 2017-12-31187,003,469CNY
At 2018-12-316,418,997USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2018-12-31120,365,506CNY
At 2017-12-3114,728,734CNY
At 2018-12-3117,506,437USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2018-12-31155,099,317CNY
At 2017-12-3139,864,599CNY
At 2018-12-3122,558,260USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-1,946,246,753CNY365
2017-01-01 to 2017-12-31-94,759,689CNY365
2016-01-01 to 2016-12-31-10,862,379CNY366
2018-01-01 to 2018-12-31-283,069,850USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-1,945,846,212CNY365
2017-01-01 to 2017-12-31-94,759,689CNY365
2016-01-01 to 2016-12-31-10,862,379CNY366
2018-01-01 to 2018-12-31-283,011,594USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-1,959,025,213CNY365
2017-01-01 to 2017-12-31-94,735,038CNY365
2016-01-01 to 2016-12-31-10,862,379CNY366
2018-01-01 to 2018-12-31-284,928,400USD365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-2,028,941,350CNY365
2017-01-01 to 2017-12-31-100,772,472CNY365
2016-01-01 to 2016-12-31-10,862,379CNY366
2018-01-01 to 2018-12-31-295,097,280USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2018-01-01 to 2018-12-31980,725,286CNY365
2017-01-01 to 2017-12-3110,812,869CNY365
2016-01-01 to 2016-12-311,763,219CNY366
2018-01-01 to 2018-12-31142,640,577USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2018-01-01 to 2018-12-314,291,284CNY365
2017-01-01 to 2017-12-31330,238CNY365
2016-01-01 to 2016-12-3121,360CNY366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2018-01-01 to 2018-12-314,291,284CNY365
2017-01-01 to 2017-12-31330,238CNY365
2016-01-01 to 2016-12-3121,360CNY366
2018-01-01 to 2018-12-31624,141USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2018-01-01 to 2018-12-311,602,163CNY365
2018-01-01 to 2018-12-31233,025USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-400,541CNY365
2018-01-01 to 2018-12-31-58,256USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-12-31160,733,479CNY365
2017-01-01 to 2017-12-3132,099,995CNY365
2016-01-01 to 2016-12-319,654,384CNY366
2018-01-01 to 2018-12-3123,377,715USD365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-12-31115,892,236CNY365
2017-01-01 to 2017-12-317,050,837CNY365
2016-01-01 to 2016-12-315,077,380CNY366
2018-01-01 to 2018-12-3116,855,827USD365

Inspect the source

Entity
Qutoutiao Inc. / CIK 0001733298
Captured
2026-09-21T17:27:58.225Z
SEC response SHA-256
ea1ab8a9852f4db216368c01a1660e195ac243f51637ab50d683a551d30a3c14

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001733298.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))