Phoenix New Media (Phoenix New Media) Total Assets : $241.91 Mil (As of Sep. 2023)

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What is Phoenix New Media Total Assets?

Phoenix New Media's Total Assets for the quarter that ended in Sep. 2023 was $241.91 Mil.

During the past 12 months, Phoenix New Media's average Total Assets Growth Rate was -21.30% per year. During the past 3 years, the average Total Assets Growth Rate was -38.00% per year. During the past 5 years, the average Total Assets Growth Rate was -25.80% per year. During the past 10 years, the average Total Assets Growth Rate was 5.10% per year.

During the past 13 years, Phoenix New Media's highest 3-Year average Total Assets Growth Rate was 64.80%. The lowest was -38.00%. And the median was 31.75%.

Total Assets is connected with ROA %. Phoenix New Media's annualized ROA % for the quarter that ended in Sep. 2023 was -4.75%. Total Assets is also linked to Revenue through Asset Turnover. Phoenix New Media's Asset Turnover for the quarter that ended in Sep. 2023 was 0.08.

Phoenix New Media Total Assets Historical Data

The historical data trend for Phoenix New Media's Total Assets 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 Total Assets Chart

Phoenix New Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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672.71

759.35

423.98

377.73

291.30

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
Total Assets	Get a 7-Day Free Trial															288.31	291.30	276.92	254.57	241.91

Phoenix New Media Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Phoenix New Media's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	181.48	+	109.816
	=	291.30

Phoenix New Media's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	159.054	+	82.86
	=	241.91

Phoenix New Media (NYSE:FENG) Total Assets Explanation

Total Assets is connected with ROA %.

Phoenix New Media's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-11.78	/	( (254.57	+	241.914)	/ 2 )
	=	-11.78	/	248.242
	=	-4.75 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Phoenix New Media's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	21.048	/	( (254.57	+	241.914)	/ 2 )
=	21.048	/	248.242
=	0.08

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Phoenix New Media Total Assets Related Terms

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Phoenix New Media (Phoenix New Media) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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.