XML 27 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Comprehensive Income
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
CNY (¥)
¥ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
CNY (¥)
¥ / shares
shares
Dec. 31, 2014
CNY (¥)
¥ / shares
shares
Revenues:        
Net advertising revenues [1] ¥ 1,232,210 $ 177,475 ¥ 1,226,516 ¥ 1,190,158
Paid services revenues [1] 212,697 30,635 382,680 447,702
Total revenues [1] 1,444,907 208,110 1,609,196 1,637,860
Cost of revenues [1] (726,807) (104,682) (829,386) (781,632)
Gross profit 718,100 103,428 779,810 856,228
Operating expenses:        
Sales and marketing expenses [1] (339,171) (48,851) (346,133) (330,777)
General and administrative expenses [1] (181,677) (26,167) (183,989) (137,818)
Technology and product development expenses [1] (161,880) (23,316) (170,714) (149,996)
Total operating expenses [1] (682,728) (98,334) (700,836) (618,591)
Income from operations 35,372 5,094 78,974 237,637
Other income:        
Interest income 35,113 5,057 30,234 46,535
Interest expense (7,061) (1,017) (2,328) 0
Foreign currency exchange (loss)/gain 9,608 1,384 (1,054) (6,059)
Gain on disposal of subsidiaries and acquisition of equity investments 0 0 0 29,660
Loss from equity investments, including impairments (1,776) (256) (41,861) (18,538)
Gain on disposal of an equity investment and acquisition of available-for-sale investments 0 0 4,643 0
Others, net 21,053 3,032 29,294 21,261
Income before tax 92,309 13,294 97,902 310,496
Income tax expense (14,089) (2,029) (25,517) (48,377)
Net income 78,220 11,265 72,385 262,119
Net loss attributable to noncontrolling interests 2,391 344 1,199 972
Net income attributable to Phoenix New Media Limited 80,611 11,609 73,584 263,091
Net income 78,220 11,265 72,385 262,119
Other comprehensive income (net of nil tax for all years ): fair value remeasurement for available-for-sale investments 247,336 35,624 15,869 40,283
Other comprehensive income (net of nil tax for all years): foreign currency translation adjustment 27,669 3,985 22,813 4,503
Comprehensive income 353,225 50,874 111,067 306,905
Comprehensive loss attributable to noncontrolling interests 2,391 344 1,199 972
Comprehensive income attributable to Phoenix New Media Limited 355,616 51,218 112,266 307,877
Net income attributable to Phoenix New Media Limited ¥ 80,611 $ 11,609 ¥ 73,584 ¥ 263,091
Class A and Class B ordinary share [Member]        
Net income per share:        
Basic | (per share) ¥ 0.14 $ 0.02 ¥ 0.13 ¥ 0.44
Diluted | (per share) ¥ 0.14 $ 0.02 ¥ 0.13 ¥ 0.43
Weighted average number of ordinary shares used in computing net income per share:        
Basic 573,521,536 573,521,536 571,247,723 597,616,623
Diluted 577,037,906 577,037,906 580,785,256 614,620,110
ADS (1 ADS represents 8 Class A ordinary shares) [Member]        
Net income per share:        
Basic | (per share) ¥ 1.12 $ 0.16 ¥ 1.03 ¥ 3.52
Diluted | (per share) ¥ 1.12 $ 0.16 ¥ 1.01 ¥ 3.42
Weighted average number of ordinary shares used in computing net income per share:        
Basic 71,690,192 71,690,192 71,405,965 74,702,078
Diluted 72,129,738 72,129,738 72,598,157 76,827,514
[1] Transactions with related parties included in revenues, cost of revenues and operating expenses are as follows (Note 23): Net advertising revenues 55,565 71,048 98,413 14,174 Paid services revenues 291,610 276,712 122,844 17,693 Cost of revenues (45,917) (49,363) (29,057) (4,185) Sales and marketing expenses (1,246) (1,788) (1,277) (184) General and administrative expenses (354) (1,812) (260) (37)