Phoenix New Media Limited (FENG)

Phoenix New Media Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	393.92	527.41	95.98	188.98	357.8	310.88
Short-Term Investments	571.46	558.77	1,050	1,309	1,280	1,272
Cash & Short-Term Investments	965.38	1,086	1,146	1,498	1,638	1,583
Cash Growth	-6.02%	-5.18%	-23.53%	-8.54%	3.48%	45.66%
Accounts Receivable	434.81	351.3	474.8	514.01	708.2	665.24
Other Receivables	-	-	3.39	4.11	4.7	5.04
Receivables	434.81	351.3	478.19	518.12	712.9	670.28
Prepaid Expenses	-	7.33	7.41	15.8	8.7	12.66
Restricted Cash	6.41	7.05	9.06	15.62	31.04	66.23
Other Current Assets	27.41	26.78	21.45	29.46	29.46	224.76
Total Current Assets	1,434	1,479	1,662	2,077	2,420	2,557
Property, Plant & Equipment	57.14	75.19	116.64	70.41	112.14	181.91
Long-Term Investments	97.46	101.53	114.69	140.53	131.48	2,028
Goodwill	-	-	-	-	-	22.79
Other Intangible Assets	14.47	20.05	29.13	22.5	12.4	13.63
Long-Term Deferred Tax Assets	70.17	70.17	89.06	92.19	86.87	73.69
Other Long-Term Assets	11.77	13.18	19.65	3.22	9.75	449.33
Total Assets	1,685	1,759	2,031	2,406	2,773	5,326
Accounts Payable	140.36	122.13	176.96	217.17	221.2	249.02
Accrued Expenses	139.34	127.58	149.1	197.87	249.66	311.52
Current Portion of Leases	18.98	19.92	23.64	25.78	36.37	37.87
Current Income Taxes Payable	174.43	170.48	183.53	412.78	402.61	287.77
Current Unearned Revenue	27.79	34.2	31.94	33.46	38.84	46.17
Other Current Liabilities	21.14	52.69	99.16	79.92	113.74	573.1
Total Current Liabilities	522.04	526.99	664.32	966.98	1,062	1,505
Long-Term Leases	34.47	49.53	80.95	20.07	16.67	49.93
Long-Term Deferred Tax Liabilities	-	-	-	1.31	1.31	192.14
Other Long-Term Liabilities	18.6	18.6	20.33	28.33	28.18	33.29
Total Liabilities	575.1	595.12	765.6	1,017	1,109	1,781
Common Stock	39.55	39.55	39.55	39.55	39.55	39.55
Additional Paid-In Capital	1,642	1,641	1,637	1,629	1,621	1,611
Retained Earnings	-463.98	-414.02	-311.53	-201.88	3.83	274.91
Treasury Stock	-1.48	-0.66	-	-	-	-
Comprehensive Income & Other	-43.77	-40.4	-45.4	-39.31	-28.21	1,406
Total Common Equity	1,172	1,225	1,319	1,427	1,636	3,332
Minority Interest	-62.39	-61.39	-54.22	-38.23	28.23	213.26
Shareholders' Equity	1,110	1,164	1,265	1,389	1,664	3,545
Total Liabilities & Equity	1,685	1,759	2,031	2,406	2,773	5,326
Total Debt	53.45	69.44	104.59	45.85	53.04	87.8
Net Cash (Debt)	911.93	1,017	1,041	1,452	1,585	1,495
Net Cash Growth	-4.21%	-2.33%	-28.32%	-8.37%	6.01%	82.55%
Net Cash Per Share	75.71	83.82	85.80	119.70	130.63	123.24
Filing Date Shares Outstanding	12.01	12.01	12.13	12.13	12.13	12.13
Total Common Shares Outstanding	12.01	12.09	12.13	12.13	12.13	12.13
Working Capital	911.97	951.63	997.33	1,110	1,358	1,051
Book Value Per Share	97.60	101.33	108.76	117.66	134.83	274.63
Tangible Book Value	1,158	1,205	1,290	1,405	1,623	3,295
Tangible Book Value Per Share	96.40	99.67	106.36	115.80	133.81	271.63
Machinery	-	46.64	79.25	113.23	176.59	219.64
Leasehold Improvements	-	47.97	47.97	42.36	42.09	42.41

Source: S&P Capital IQ. Standard template. Financial Sources.