Phoenix New Media Limited balance sheet FENG

Annual Quarterly

As of Dec 31, 2020, Phoenix New Media Limited had total assets of $424.9 million and total liabilities of $169.9 million. Total assets were down 44.5% from a year earlier. Stockholders' equity was $250.7 million. It held $60.5 million in cash and investments against $8.1 million of total debt, net cash of $52.3 million. The current ratio, current assets divided by current liabilities, was 2.28.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016	FY 2015 Dec 31, 2015	FY 2014 Dec 31, 2014	FY 2013 Dec 31, 2013	FY 2012 Dec 31, 2012	FY 2011 Dec 31, 2011
Assets
Cash	55 +15.1%	48 +90.6%	25 -55.2%	56 +91.0%	29 -34.8%	45 -77.5%	199 +45.7%	136 -10.0%	151 +137.4%	64
Long-term investments	6 -98.1%	289 +1.4%	285	—	—	—	—	—	—	—
Cash and investments	60 -82.1%	337 +8.6%	310 +456.4%	56 +91.0%	29 -34.8%	45 -77.5%	199 +45.7%	136 -10.0%	151 +137.4%	64
Receivables	104 +12.9%	92 +30.2%	70 -0.1%	71 +20.9%	58 -25.4%	78 -1.7%	80 +36.3%	58 +29.4%	45 +40.5%	32
Total current assets	371 +1.0%	367 +25.0%	294 -14.8%	345 +12.8%	306 +2.6%	298 -10.3%	332 +3.7%	321 +28.4%	250 +4.4%	239
Property and equipment, net	10 -34.2%	15 +5.0%	14 +40.4%	10 -4.6%	10 -16.5%	12 -14.0%	14 -8.0%	16 -4.5%	16 +152.6%	7
Goodwill	—	52 +5.4%	49	—	—	—	—	—	—	—
Total assets	425 -44.5%	765 +13.6%	674 +21.8%	553 +21.2%	456 +15.2%	396 +5.7%	375 +10.4%	340 +25.9%	270 +8.6%	249
Liabilities and equity
Accounts payable	34 -9.2%	37 -3.0%	39 -4.6%	40 +7.4%	38 -15.8%	45 +2.0%	44 +21.2%	36 +45.5%	25 +29.2%	19
Total current liabilities	163 -24.7%	216 +38.5%	156 -5.3%	165 +16.4%	142 +23.5%	115 +20.2%	95 +23.0%	78 +57.5%	49 +22.9%	40
Total liabilities	170 -33.6%	256 +41.8%	180 +6.9%	169 +16.5%	145 +23.1%	118 +19.7%	98 +23.6%	80 +57.5%	51 +23.4%	41
Stockholders' equity	251 -47.6%	479 +6.8%	448 +16.2%	385 +23.6%	312 +11.9%	279 +0.7%	277 +6.6%	260	—	208
Debt
Lease liabilities	8 -37.3%	13	—	—	—	—	—	—	—	—
Total debt	8 -37.3%	13	—	—	—	—	—	—	—	—
Net cash	52 -83.9%	324	—	—	—	—	—	—	—	—
Ratios
Current ratio	2.28x	1.70x	1.88x	2.09x	2.16x	2.60x	3.48x	4.13x	5.07x	5.97x
Debt to equity	0.03x	0.03x	—	—	—	—	—	—	—	—
Return on equity	22.33%	21.73%	-2.13%	1.37%	3.61%	4.01%	15.27%	17.69%	—	—
Return on assets	13.17%	13.59%	-1.42%	0.96%	2.47%	2.82%	11.26%	13.52%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Television Broadcasting Stations (SIC 4833)
Listed as: FENG (NYSE)
Headquarters: Beijing
SEC filer status: Non-accelerated filer
SEC CIK: 1509646

Other Television Broadcasting Stations companies

All 12 Television Broadcasting Stations companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.