Phoenix New Media (Phoenix New Media) Retained Earnings : $-71.46 Mil (As of Sep. 2023)

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What is Phoenix New Media Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Phoenix New Media's retained earnings for the quarter that ended in Sep. 2023 was $-71.46 Mil.

Phoenix New Media's quarterly retained earnings declined from Mar. 2023 ($-68.01 Mil) to Jun. 2023 ($-69.82 Mil) and declined from Jun. 2023 ($-69.82 Mil) to Sep. 2023 ($-71.46 Mil).

Phoenix New Media's annual retained earnings declined from Dec. 2020 ($-13.49 Mil) to Dec. 2021 ($-47.16 Mil) and declined from Dec. 2021 ($-47.16 Mil) to Dec. 2022 ($-58.96 Mil).

Phoenix New Media Retained Earnings Historical Data

The historical data trend for Phoenix New Media's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Phoenix New Media Retained Earnings Chart

Phoenix New Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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23.19

26.57

-13.49

-47.16

-58.96

Phoenix New Media Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-64.33	-58.96	-68.01	-69.82	-71.46

Phoenix New Media Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Phoenix New Media (NYSE:FENG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Phoenix New Media (Phoenix New Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Phoenix New Media Ltd (NYSE:FENG) » Definitions » Retained Earnings

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1PX:Germany

Address

No. 4 Qiyang Road, Sinolight Plaza, 16th Floor, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.ifeng.com

Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three channels: ifeng.com channel, video channel, and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives revenue from China.