Phoenix New Media Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	509.04	537.55	607.58	527.41	95.98	188.98
Short-Term Investments	442.94	464.23	428.34	558.77	1,050	1,309
Cash & Short-Term Investments	951.99	1,002	1,036	1,086	1,146	1,498
Cash Growth	-2.34%	-3.30%	-4.63%	-5.18%	-23.53%	-8.54%
Accounts Receivable	366.34	367.51	403.2	351.3	474.8	514.01
Other Current Assets	45.35	49.01	35.23	41.16	41.31	64.98
Total Current Assets	1,364	1,418	1,474	1,479	1,662	2,077
Net Property, Plant & Equipment	49.11	52.69	61.23	75.19	116.64	70.41
Other Intangible Assets	9.41	10.42	13.72	20.05	29.13	22.5
Long-Term Investments	109.82	104.43	85.75	101.53	114.69	140.53
Other Long-Term Assets	64.93	63.97	76.87	83.35	108.71	95.41
Total Assets	1,597	1,650	1,712	1,759	2,031	2,406
Accounts Payable	149.43	151.56	169	144.3	241.69	251.91
Accrued Expenses	110.87	129.99	152.32	158.1	183.53	243.06
Current Portion of Leases	13.59	14.1	10.97	19.92	23.64	25.78
Unearned Revenue	26.07	26.2	29.1	34.2	31.94	33.46
Other Current Liabilities	168.32	176.4	175.93	170.48	183.53	412.78
Total Current Liabilities	468.28	498.25	537.32	526.99	664.32	966.98
Long-Term Leases	26.41	29.22	45.7	49.53	80.95	20.07
Other Long-Term Liabilities	14	14	15.5	18.6	20.33	29.64
Total Long-Term Liabilities	40.4	43.22	61.2	68.13	101.28	49.71
Total Liabilities	508.68	541.47	598.52	595.12	765.6	1,017
Common Stock	39.55	39.55	39.55	39.55	39.55	39.55
Treasury Stock	-1.48	-1.48	-1.48	-0.66	-	-
Additional Paid-in Capital	1,642	1,642	1,642	1,641	1,637	1,629
Accumulated Other Comprehensive Income	-43.44	-41.78	-37.31	-40.4	-45.4	-39.31
Retained Earnings	-484.03	-467.24	-467.58	-414.02	-311.53	-201.88
Total Common Shareholders' Equity	1,153	1,171	1,175	1,225	1,319	1,427
Minority Interest	-64.44	-62.83	-61.86	-61.39	-54.22	-38.23
Shareholders' Equity	1,088	1,108	1,113	1,164	1,265	1,389
Total Liabilities & Equity	1,597	1,650	1,712	1,759	2,031	2,406
Total Debt	39.99	43.32	56.67	69.44	104.59	45.85
Net Cash (Debt)	911.99	958.45	979.25	1,017	1,041	1,452
Net Cash Growth	-4.85%	-2.12%	-3.69%	-2.33%	-28.32%	-8.37%
Net Cash Per Share	1.58	79.80	81.49	83.82	1.79	2.49
Book Value	1,153	1,171	1,175	1,225	1,319	1,427
Book Value Per Share	2.00	97.51	97.81	100.99	2.27	2.45
Tangible Book Value	1,143	1,161	1,162	1,205	1,290	1,405
Tangible Book Value Per Share	1.98	96.64	96.66	99.34	2.22	2.41

SEC Filings: 10-K · 10-Q