Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Geng Xiao was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 11
Phoenix New Media Limited to Report Q3, 2025 Results on Nov 12, 2025 Phoenix New Media Limited announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Announcement • Oct 31
Phoenix New Media Limited, Annual General Meeting, Dec 04, 2025 Phoenix New Media Limited, Annual General Meeting, Dec 04, 2025, at 14:00 China Standard Time. Location: floor 25, tower b, posco center, hongtai east street, wangjing, chaoyang district, beijing 100102, China Announcement • Aug 08
Phoenix New Media Limited to Report Q2, 2025 Results on Aug 12, 2025 Phoenix New Media Limited announced that they will report Q2, 2025 results After-Market on Aug 12, 2025 Announcement • May 10
Phoenix New Media Limited to Report Q1, 2025 Results on May 13, 2025 Phoenix New Media Limited announced that they will report Q1, 2025 results After-Market on May 13, 2025 Announcement • Mar 12
Phoenix New Media Limited Provides Earnings Guidance for the First Quarter of 2025 Phoenix New Media Limited provided earnings guidance for the first quarter of 2025. for the quarter, the company forecast total revenues to be between CNY 147 million and CNY 162 million. Announcement • Mar 08
Phoenix New Media Limited to Report Q4, 2024 Results on Mar 11, 2025 Phoenix New Media Limited announced that they will report Q4, 2024 results After-Market on Mar 11, 2025 Announcement • Nov 22
Phoenix New Media Limited, Annual General Meeting, Dec 20, 2024 Phoenix New Media Limited, Annual General Meeting, Dec 20, 2024, at 14:00 China Standard Time. Location: sinolight plaza, no. 4 qiyang road, wangjing, chaoyang district, beijing 100102, China Reported Earnings • Nov 14
Third quarter 2024 earnings released: CN¥1.54 loss per share (vs CN¥1.77 loss in 3Q 2023) Third quarter 2024 results: CN¥1.54 loss per share (improved from CN¥1.77 loss in 3Q 2023). Revenue: CN¥164.3m (up 6.9% from 3Q 2023). Net loss: CN¥18.5m (loss narrowed 14% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: CN¥0.46 loss per share (vs CN¥2.58 loss in 2Q 2023) Second quarter 2024 results: CN¥0.46 loss per share (improved from CN¥2.58 loss in 2Q 2023). Revenue: CN¥168.3m (down 6.6% from 2Q 2023). Net loss: CN¥5.46m (loss narrowed 83% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • May 16
Phoenix New Media Limited Provides Revenue Guidance for the Second Quarter of 2024 Phoenix New Media Limited provided revenue guidance for the second quarter of 2024. The company is forecasting total revenues to be between CNY 150.2 million and CNY 165.2 million. Reported Earnings • May 15
First quarter 2024 earnings released: CN¥2.16 loss per share (vs CN¥4.76 loss in 1Q 2023) First quarter 2024 results: CN¥2.16 loss per share (improved from CN¥4.76 loss in 1Q 2023). Revenue: CN¥153.0m (up 4.5% from 1Q 2023). Net loss: CN¥26.0m (loss narrowed 55% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 14
Full year 2023 earnings released: CN¥8.45 loss per share (vs CN¥9.04 loss in FY 2022) Full year 2023 results: CN¥8.45 loss per share (improved from CN¥9.04 loss in FY 2022). Revenue: CN¥692.0m (down 12% from FY 2022). Net loss: CN¥102.5m (loss narrowed 6.5% from FY 2022). Reported Earnings • Nov 18
Third quarter 2023 earnings released: CN¥1.77 loss per share (vs CN¥2.01 profit in 3Q 2022) Third quarter 2023 results: CN¥1.77 loss per share (down from CN¥2.01 profit in 3Q 2022). Revenue: CN¥153.6m (down 21% from 3Q 2022). Net loss: CN¥21.5m (down 188% from profit in 3Q 2022). Announcement • Nov 09
Phoenix New Media Limited to Report Q3, 2023 Results on Nov 14, 2023 Phoenix New Media Limited announced that they will report Q3, 2023 results After-Market on Nov 14, 2023 Announcement • Oct 18
Phoenix New Media Limited, Annual General Meeting, Nov 17, 2023 Phoenix New Media Limited, Annual General Meeting, Nov 17, 2023, at 14:00 China Standard Time. Location: Sinolight Plaza, No. 4 Qiyang Road, Wangjing, Chaoyang District Beijing China Agenda: To receive the audited consolidated financial statements of the Company for the fiscal year ended December 31, 2022; to approve the re-appointment of PricewaterhouseCoopers Zhong Tian LLP as independent auditor of the Company for the fiscal year ending December 31, 2023; to authorize the board of directors to fix the remuneration of the Independent Auditor; to elect Mr. Qi Li as director of the Company; to re-elect Mr. Ka Keung Yeung, who will retire by rotation pursuant to article 87(1) of the Company’s Articles of Association, as director of the Company; and to authorize each of the directors and officers of the Company to take any and every action that might be necessary to effect the foregoing resolutions as such director or officer, in his or her absolute discretion, thinks fit. Announcement • Sep 28
Phoenix New Media Limited (NYSE:FENG) announces an Equity Buyback for $2 million worth of its shares. Phoenix New Media Limited (NYSE:FENG) announces a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its class A ordinary shares. The repurchases will be made from company's existing cash balance. The repurchase program is valid for 5 months period. Reported Earnings • Aug 17
Second quarter 2023 earnings released: CN¥1.29 loss per share (vs CN¥7.90 loss in 2Q 2022) Second quarter 2023 results: CN¥1.29 loss per share (improved from CN¥7.90 loss in 2Q 2022). Revenue: CN¥180.2m (down 6.0% from 2Q 2022). Net loss: CN¥31.3m (loss narrowed 67% from 2Q 2022). Announcement • Aug 09
Phoenix New Media Limited to Report Q2, 2023 Results on Aug 15, 2023 Phoenix New Media Limited announced that they will report Q2, 2023 results After-Market on Aug 15, 2023 Announcement • May 17
Phoenix New Media Limited Provides Revenue Guidance for the Second Quarter of 2023 For the second quarter of 2023, Phoenix New Media Limited expects its total revenues to be between RMB160.9 million and RMB180.9 million. Reported Earnings • May 16
First quarter 2023 earnings released First quarter 2023 results: Revenue: CN¥146.4m (down 17% from 1Q 2022). Net loss: CN¥57.8m (loss narrowed 28% from 1Q 2022). Announcement • May 10
Phoenix New Media Limited to Report Q1, 2023 Results on May 15, 2023 Phoenix New Media Limited announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2023 Reported Earnings • Mar 15
Full year 2022 earnings released: CN¥9.04 loss per share (vs CN¥16.96 loss in FY 2021) Full year 2022 results: CN¥9.04 loss per share (improved from CN¥16.96 loss in FY 2021). Revenue: CN¥785.7m (down 24% from FY 2021). Net loss: CN¥109.7m (loss narrowed 47% from FY 2021). Announcement • Dec 29
Phoenix New Media Limited Announces Board Changes Phoenix New Media Limited announced that Mr. Qi Li has replaced Mr. Daguang He as a member of the board of directors and compensation committee of the company. Mr. Daguang He resigned from the Board for personal reasons, effective as of December 28, 2022. Upon recommendation by the corporate governance and nominating committee of the Company, the Board resolved to appoint Mr. Qi Li as a director and member of the compensation committee to fill the position vacated by Mr. Daguang He, effective as of December 28, 2022. Mr. Qi Li, aged 44, joined Phoenix TV Group in July 2021 and is in charge of its finance, investment and certain affiliates management matters. He had many years of working experience with People's Daily and had been in charge of the supervision of cultural and media enterprises. He joined People's Daily Online in December 2014 and had served as its chief financial officer and secretary of the board of directors, in charge of capital market, financial management, scientific research, technologies and Internet information service system construction. Mr. Li graduated from Wuhan Military Economic Institute. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: CN¥2.01 (vs CN¥11.05 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥2.01 (up from CN¥11.05 loss in 3Q 2021). Revenue: CN¥194.8m (down 20% from 3Q 2021). Net income: CN¥24.3m (up CN¥158.3m from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Carson Wen was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 16
Phoenix New Media Limited Provides Revenue Guidance for the Fourth Quarter of 2022 Phoenix New Media Limited provided revenue guidance for the fourth quarter of 2022. For the fourth quarter of 2022, the company expects its total revenues to be between RMB 203.2 million and RMB 223.2 million; net advertising revenues are expected to be between RMB 187.8 million and RMB 202.8 million; and paid services revenues are expected to be between RMB 15.4 million and RMB 20.4 million. Announcement • Nov 09
Phoenix New Media Limited to Report Q3, 2022 Results on Nov 14, 2022 Phoenix New Media Limited announced that they will report Q3, 2022 results After-Market on Nov 14, 2022 Announcement • Oct 19
Phoenix New Media Limited, Annual General Meeting, Nov 17, 2022 Phoenix New Media Limited, Annual General Meeting, Nov 17, 2022, at 14:00 China Standard Time. Location: Sinolight Plaza, No. 4 Qiyang Road, Wangjing Chaoyang District Beijing Province China Agenda: To receive the audited consolidated financial statements of the Company for the fiscal year ended December 31, 2021; to approve the re-appointment of PricewaterhouseCoopers Zhong Tian LLP as independent auditor of the Company for the fiscal year ending December 31, 2022; to authorize the board of directors to fix the remuneration of the Independent Auditor; and to consider other matters. Reported Earnings • Aug 17
Second quarter 2022 earnings released: CN¥7.90 loss per share (vs CN¥0.58 loss in 2Q 2021) Second quarter 2022 results: CN¥7.90 loss per share (down from CN¥0.58 loss in 2Q 2021). Revenue: CN¥191.6m (down 25% from 2Q 2021). Net loss: CN¥95.8m (loss widened CN¥88.7m from 2Q 2021). Announcement • Aug 17
Phoenix New Media Limited Provides Revenue Guidance for the Third Quarter of 2022 Phoenix New Media Limited provided revenue guidance for the third quarter of 2022. For the third quarter of 2022, the company expects its total revenues to be between RMB 197.2 million and RMB 217.2 million; net advertising revenues are expected to be between RMB 179.6 million and RMB 194.6 million; and paid services revenues are expected to be between RMB 17.6 million and RMB 22.6 million. Announcement • Aug 10
Phoenix New Media Limited to Report Q2, 2022 Results on Aug 15, 2022 Phoenix New Media Limited announced that they will report Q2, 2022 results After-Market on Aug 15, 2022 Reported Earnings • May 11
First quarter 2022 earnings released: CN¥1.10 loss per share (vs CN¥0.40 loss in 1Q 2021) First quarter 2022 results: CN¥1.10 loss per share (down from CN¥0.40 loss in 1Q 2021). Revenue: CN¥175.4m (down 22% from 1Q 2021). Net loss: CN¥79.7m (loss widened 173% from 1Q 2021). Announcement • May 10
Phoenix New Media Limited Provides Earnings Guidance for the Second Quarter of 2022 Phoenix New Media Limited provided earnings guidance for the second quarter of 2022. For the quarter, the company expects its total revenues to be between RMB 198.6 million and RMB 218.6 million. Announcement • May 06
Phoenix New Media Limited to Report Q1, 2022 Results on May 09, 2022 Phoenix New Media Limited announced that they will report Q1, 2022 results After-Market on May 09, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Carson Wen was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CN¥2.83 loss per share (down from CN¥5.74 profit in FY 2020). Revenue: CN¥1.03b (down 15% from FY 2020). Net loss: CN¥205.7m (down 149% from profit in FY 2020). Revenue was in line with analyst estimates. Announcement • Jan 16
Phoenix New Media Receives Notice Regarding NYSE Continued Listing Standard Phoenix New Media Limited announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated January 5, 2022, notifying the Company that it is not in compliance with the NYSE's price criteria for continued listing standard because, as of January 4, 2022, the average closing price of the Company's American Depositary Shares (the "ADSs") was less than $1.00 per ADS over a consecutive 30 trading-day period. This press release is issued within the 30-day period following receipt of such notice as required under the NYSE rules. Pursuant to Section 802.01C of the NYSE's Listed Company Manual, a company will be considered to be below compliance standards if the average closing price of its security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. The Company has six months ("the Cure Period") following receipt of the notice to regain compliance with the minimum share price requirement. The Company can regain compliance at any time during the Cure Period if on the last trading day of any calendar month during the Cure Period the Company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month Cure Period, both a $1.00 closing share price on the last trading day of the Cure Period and a $1.00 average closing share price over the 30 trading-day period ending on the last trading day of the Cure Period are not attained, the NYSE will commence suspension and delisting procedures. To address this issue, the Company intends to monitor the market conditions of its listed securities and is still considering its options. As required by the NYSE rules, the Company expects to notify the NYSE of its intent to cure its ADSs' price deficiency within the applicable time period required by the NYSE. During the Cure Period, the Company's ADSs will continue to be listed and traded on the NYSE, subject to its compliance with other NYSE continued listing standards and other rights of the NYSE to delist the ADSs. The NYSE notification does not affect the Company's business operations, its Securities and Exchange Commission reporting requirements, credit agreements or other contractual obligations. Reported Earnings • Nov 18
Third quarter 2021 earnings released: CN¥1.84 loss per share (vs CN¥0.013 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥244.6m (down 19% from 3Q 2020). Net loss: CN¥134.0m (loss widened CN¥133.0m from 3Q 2020). Announcement • Aug 19
Phoenix New Media Limited Provides Revenue Guidance for the Third Quarter 2021 Phoenix New Media Limited provided revenue guidance for the third quarter 2021. For the third quarter 2021, the Company expects its total revenues to be between RMB 257.9 million and RMB 282.9 million. Reported Earnings • Aug 18
Second quarter 2021 earnings released: CN¥0.098 loss per share (vs CN¥0.038 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥256.7m (down 18% from 2Q 2020). Net loss: CN¥7.10m (down 357% from profit in 2Q 2020). Executive Departure • Aug 13
Chairman of the Board of Directors Keung Chui has left the company On the 12th of August, Keung Chui's tenure as Chairman of the Board of Directors ended after 13.8 years in the role. We don't have any record of a personal shareholding under Keung's name. Keung is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.17 years. Reported Earnings • May 12
First quarter 2021 earnings released: CN¥0.40 loss per share (vs CN¥1.09 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: CN¥226.1m (down 18% from 1Q 2020). Net loss: CN¥29.2m (loss narrowed 63% from 1Q 2020). Announcement • May 11
Phoenix New Media Limited Provides Revenues Guidance Second Quarter of 2021 Phoenix New Media Limited provided revenues guidance second quarter of 2021. The company expects its total revenues to be between RMB 263.8 million and RMB 283.8 million, net advertising revenues are expected to be between RMB 244.8 million and RMB 259.8 million and paid services revenues are expected to be between RMB 19.0 million and RMB 24.0 million.