Phoenix New Media Limited (FENG)

Phoenix New Media Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	607.58	527.41	95.98	188.98	357.8
Short-Term Investments	428.34	558.77	1,050	1,309	1,280
Cash & Short-Term Investments	1,036	1,086	1,146	1,498	1,638
Cash Growth	-4.63%	-5.18%	-23.53%	-8.54%	3.48%
Accounts Receivable	403.2	351.3	474.8	514.01	708.2
Other Receivables	-	-	3.39	4.11	4.7
Receivables	403.2	351.3	478.19	518.12	712.9
Prepaid Expenses	-	7.33	7.41	15.8	8.7
Restricted Cash	9.76	7.05	9.06	15.62	31.04
Other Current Assets	25.47	26.78	21.45	29.46	29.46
Total Current Assets	1,474	1,479	1,662	2,077	2,420
Property, Plant & Equipment	61.23	75.19	116.64	70.41	112.14
Long-Term Investments	85.75	101.53	114.69	140.53	131.48
Other Intangible Assets	13.72	20.05	29.13	22.5	12.4
Long-Term Deferred Tax Assets	63.26	70.17	89.06	92.19	86.87
Other Long-Term Assets	13.61	13.18	19.65	3.22	9.75
Total Assets	1,712	1,759	2,031	2,406	2,773
Accounts Payable	144.67	122.13	176.96	217.17	221.2
Accrued Expenses	152.32	127.58	149.1	197.87	249.66
Current Portion of Leases	10.97	19.92	23.64	25.78	36.37
Current Income Taxes Payable	175.93	170.48	183.53	412.78	402.61
Current Unearned Revenue	29.1	34.2	31.94	33.46	38.84
Other Current Liabilities	24.33	52.69	99.16	79.92	113.74
Total Current Liabilities	537.32	526.99	664.32	966.98	1,062
Long-Term Leases	45.7	49.53	80.95	20.07	16.67
Long-Term Deferred Tax Liabilities	-	-	-	1.31	1.31
Other Long-Term Liabilities	15.5	18.6	20.33	28.33	28.18
Total Liabilities	598.52	595.12	765.6	1,017	1,109
Common Stock	39.55	39.55	39.55	39.55	39.55
Additional Paid-In Capital	1,642	1,641	1,637	1,629	1,621
Retained Earnings	-467.58	-414.02	-311.53	-201.88	3.83
Treasury Stock	-1.48	-0.66	-	-	-
Comprehensive Income & Other	-37.31	-40.4	-45.4	-39.31	-28.21
Total Common Equity	1,175	1,225	1,319	1,427	1,636
Minority Interest	-61.86	-61.39	-54.22	-38.23	28.23
Shareholders' Equity	1,113	1,164	1,265	1,389	1,664
Total Liabilities & Equity	1,712	1,759	2,031	2,406	2,773
Total Debt	56.67	69.44	104.59	45.85	53.04
Net Cash (Debt)	979.25	1,017	1,041	1,452	1,585
Net Cash Growth	-3.69%	-2.33%	-28.32%	-8.37%	6.01%
Net Cash Per Share	81.49	83.82	85.80	119.70	130.63
Filing Date Shares Outstanding	12.01	12.01	12.13	12.13	12.13
Total Common Shares Outstanding	12.01	12.09	12.13	12.13	12.13
Working Capital	937.03	951.63	997.33	1,110	1,358
Book Value Per Share	97.85	101.33	108.76	117.66	134.83
Tangible Book Value	1,162	1,205	1,290	1,405	1,623
Tangible Book Value Per Share	96.71	99.67	106.36	115.80	133.81
Machinery	-	46.64	79.25	113.23	176.59
Leasehold Improvements	-	47.97	47.97	42.36	42.09

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q