Phoenix New Media Limited (FENG)

Phoenix New Media Balance Sheet

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

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

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q