Financial Statements

Phoenix New Media Limited (FENG)

$4.82

+0.02 (+0.42%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -88186160229-
Net Income -206380728-6337
Stock Dividends -3-102-6192
Dividend Paid -4-645-703--
Retained Earnings -300-88186160229

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1121879664-
Annual Depreciation -25-631768792
Capital Expenditure -17-12-84-56-28
Net PPE 701121879664

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) --338361-
New Purchases -2,755-3,366-9,176-6,457-5,840
Intangible and Goodwill -338361--

Phoenix New Media Limited income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Phoenix New Media Limited FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.