Phoenix New Media Limited (FENG)

Phoenix New Media Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	452.82	537.55	607.58	527.41	95.98	188.98
Short-Term Investments	478.91	464.23	428.34	558.77	1,050	1,309
Cash & Short-Term Investments	931.73	1,002	1,036	1,086	1,146	1,498
Cash Growth	-6.24%	-3.30%	-4.63%	-5.18%	-23.53%	-8.54%
Accounts Receivable	301.51	367.51	403.2	351.3	474.8	514.01
Other Receivables	112.25	-	-	-	3.39	4.11
Receivables	413.75	367.51	403.2	351.3	478.19	518.12
Prepaid Expenses	-	11.41	7.06	7.33	7.41	15.8
Restricted Cash	3.71	16.1	9.76	7.05	9.06	15.62
Other Current Assets	31.22	21.5	18.41	26.78	21.45	29.46
Total Current Assets	1,380	1,418	1,474	1,479	1,662	2,077
Property, Plant & Equipment	41.61	52.69	61.23	75.19	116.64	70.41
Long-Term Investments	93.04	104.43	85.75	101.53	114.69	140.53
Other Intangible Assets	7.64	10.42	13.72	20.05	29.13	22.5
Long-Term Deferred Tax Assets	51.22	53.33	63.26	70.17	89.06	92.19
Other Long-Term Assets	8.9	10.64	13.61	13.18	19.65	3.22
Total Assets	1,583	1,650	1,712	1,759	2,031	2,406

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	124.63	122.42	144.67	122.13	176.96	217.17
Accrued Expenses	286.32	102.42	123.11	127.58	149.1	197.87
Current Portion of Leases	11.49	14.1	10.97	19.92	23.64	25.78
Current Income Taxes Payable	-	176.4	175.93	170.48	183.53	412.78
Current Unearned Revenue	27.91	26.2	29.1	34.2	31.94	33.46
Other Current Liabilities	28.65	56.71	53.53	52.69	99.16	79.92
Total Current Liabilities	479	498.25	537.32	526.99	664.32	966.98
Long-Term Leases	22.44	29.22	45.7	49.53	80.95	20.07
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.31
Other Long-Term Liabilities	14	14	15.5	18.6	20.33	28.33
Total Liabilities	515.43	541.47	598.52	595.12	765.6	1,017

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	39.55	39.55	39.55	39.55	39.55	39.55
Additional Paid-In Capital	1,642	1,642	1,642	1,641	1,637	1,629
Retained Earnings	-501.8	-467.24	-467.58	-414.02	-311.53	-201.88
Treasury Stock	-1.48	-1.48	-1.48	-0.66	-	-
Comprehensive Income & Other	-47.49	-41.78	-37.31	-40.4	-45.4	-39.31
Total Common Equity	1,131	1,171	1,175	1,225	1,319	1,427
Minority Interest	-63.5	-62.83	-61.86	-61.39	-54.22	-38.23
Shareholders' Equity	1,067	1,108	1,113	1,164	1,265	1,389
Total Liabilities & Equity	1,583	1,650	1,712	1,759	2,031	2,406

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	33.93	43.32	56.67	69.44	104.59	45.85
Net Cash (Debt)	897.8	958.45	979.25	1,017	1,041	1,452
Net Cash Growth	-5.09%	-2.12%	-3.69%	-2.33%	-28.32%	-8.37%
Net Cash Per Share	74.75	79.80	81.49	83.82	85.80	119.70
Filing Date Shares Outstanding	12.01	12.01	12.01	12.01	12.13	12.13
Total Common Shares Outstanding	12.01	12.01	12.01	12.09	12.13	12.13
Working Capital	901.4	920.04	937.03	951.63	997.33	1,110
Book Value Per Share	94.16	97.51	97.85	101.33	108.76	117.66
Tangible Book Value	1,123	1,161	1,162	1,205	1,290	1,405
Tangible Book Value Per Share	93.52	96.64	96.71	99.67	106.36	115.80
Machinery	-	28.8	44.53	46.64	79.25	113.23
Leasehold Improvements	-	17.09	45.26	47.97	47.97	42.36

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 14, 2026

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