iQIYI (IQ) Asset Writedowns and Impairment (2017 - 2024)
iQIYI (IQ) posted Asset Writedowns and Impairment of -$482382.5 for Q4 2024, up 18.72% on a QoQ basis from -$593465.8 in Q4 2023, and up 18.72% year-over-year from -$406327.2 in Q1 2024.
Analysis
iQIYI (IQ) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends
iQIYI has reported Asset Writedowns and Impairment for 8 years, with the latest figure at -$482382.5 in Q4 2024.
- On a quarterly basis, Asset Writedowns and Impairment rose 18.72% year-over-year to -$482382.5 in Q4 2024; TTM through Dec 2024 was -$7.9 million, a 172.51% decrease from a year earlier, with the FY2025 full-year figure at $3.2 million, up 274.52% from the prior year.
- Asset Writedowns and Impairment was -$482382.5 for Q4 2024 at iQIYI, up from -$593465.8 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $18.4 million in Q4 2020, with the low at -$3.9 million in Q4 2021.
- Average Asset Writedowns and Impairment over 5 years is $2.1 million, with a median of -$593465.8 recorded in 2023.
- The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment surged 123.69% in 2020, then slumped 121.15% in 2021.
- Over 5 years, Asset Writedowns and Impairment stood at $18.4 million in 2020, then sank by 121.15% to -$3.9 million in 2021, then gained by 23.68% to -$3.0 million in 2022, then surged by 80.03% to -$593465.8 in 2023, then advanced by 18.72% to -$482382.5 in 2024.
- The last three Asset Writedowns and Impairment figures came in at -$482382.5 (Q4 2024), -$593465.8 (Q4 2023), and -$3.0 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -482,382.47 |
| Dec 31, 2023 | -593,465.83 |
| Dec 31, 2022 | -2.97 Mn |
| Dec 31, 2021 | -3.89 Mn |
| Dec 31, 2020 | 18.41 Mn |
| Dec 31, 2019 | 8.23 Mn |
| Dec 31, 2018 | -14.56 Mn |
| Dec 31, 2017 | -579,176.16 |