FENG
Phoenix New Media LtdPhoenix New Media Ltd reported revenue of CNY 765.57M in its most recent fiscal year, up 8.8% on the year before. It kept 0.0% of that as net income, and generated -CNY 15.71M of free cash flow. Figures below are compared against other companies classified under Television Broadcasting Stations.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | 8.8% | -3.4% | 4 / 12 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | -0.9% | -1.7% | 4 / 9 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | -8.7% | 2.4% | 6 / 8 |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | Not reported | -134.3% | — |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | Not reported | — | — |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | Not reported | — | — |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | Not reported | -23.4% | — |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | Not reported | -26.1% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | 48.9% | — | — |
Operating margin Operating income as a share of revenue. | -4.5% | 5.5% | 7 / 11 |
Net margin Net income as a share of revenue. | 0.0% | -3.1% | 5 / 12 |
Free cash flow margin Free cash flow as a share of revenue. | -2.1% | 4.7% | 11 / 12 |
Return on equity Net income divided by shareholder equity. | 0.0% | -5.7% | 5 / 12 |
Return on assets Net income divided by total assets. | 0.0% | -1.3% | 5 / 12 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | -2.7% | 3.5% | 7 / 11 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | Not reported | 1.49x | — |
Current ratio Current assets over current liabilities. | 2.85x | 2.24x | 3 / 12 |
Quick ratio Current assets excluding inventory, over current liabilities. | 2.85x | 2.23x | 3 / 12 |
Interest coverage Operating income divided by interest expense. | Not reported | 0.63x | — |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | Not reported | 4.59x | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CNY 765.57M | CNY 703.70M | CNY 692.02M | CNY 785.71M | CNY 1.03B | CNY 1.21B | CNY 1.33B | CNY 1.38B | CNY 1.58B | CNY 1.44B |
| Gross profit | CNY 374.15M | CNY 268.71M | CNY 227.88M | CNY 237.20M | CNY 432.93M | CNY 649.56M | CNY 644.45M | CNY 780.44M | CNY 847.89M | CNY 718.10M |
| Operating income | -CNY 34.38M | -CNY 64.72M | -CNY 125.70M | -CNY 191.44M | -CNY 336.10M | -CNY 102.58M | -CNY 356.11M | -CNY 123.69M | CNY 14.98M | CNY 35.37M |
| Net income | CNY 365.0K | -CNY 52.95M | -CNY 109.11M | -CNY 125.72M | -CNY 273.07M | CNY 365.28M | CNY 724.00M | -CNY 65.61M | CNY 34.42M | CNY 80.61M |
| Operating cash flow | -CNY 2.67M | -CNY 44.30M | -CNY 60.83M | -CNY 312.41M | -CNY 142.82M | -CNY 103.11M | -CNY 330.31M | -CNY 76.82M | CNY 172.98M | CNY 203.69M |
| Capital expenditure | CNY 13.04M | CNY 5.22M | CNY 9.72M | CNY 33.96M | CNY 16.83M | CNY 12.09M | CNY 57.88M | CNY 55.95M | CNY 27.80M | CNY 29.28M |
| Free cash flow | -CNY 15.71M | -CNY 49.52M | -CNY 70.54M | -CNY 346.37M | -CNY 159.66M | -CNY 115.20M | -CNY 388.19M | -CNY 132.77M | CNY 145.18M | CNY 174.40M |
| Total assets | CNY 1.65B | CNY 1.71B | CNY 1.76B | CNY 2.03B | CNY 2.41B | CNY 2.77B | CNY 5.33B | CNY 4.63B | CNY 3.60B | CNY 3.17B |
| Shareholder equity | CNY 1.17B | CNY 1.18B | CNY 1.23B | CNY 1.32B | CNY 1.43B | CNY 1.64B | CNY 3.33B | CNY 3.08B | CNY 2.51B | CNY 2.17B |
| Cash | CNY 537.55M | CNY 607.58M | CNY 527.41M | CNY 95.98M | CNY 188.98M | CNY 357.80M | CNY 310.88M | CNY 161.10M | CNY 362.86M | CNY 202.69M |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in CNY, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
Source
Figures come from Phoenix New Media Ltd’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed Apr 29, 2026. View filings on EDGAR.