XML 138 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2019
CNY (¥)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 341,016 $ 48,984 ¥ 174,024
Term deposits and short term investments 1,271,889 182,695 912,594
Restricted cash 82,934 11,913 269,648
Accounts receivable, net 638,272 91,682 484,113
Amounts due from related parties 59,723 [1] 8,579 91,228
Prepayments and other current assets 162,868 23,394 88,963
Total current assets 2,556,702 367,247 2,020,570
Non-current assets:      
Property and equipment, net 101,650 14,601 95,631
Intangible assets, net 99,280 14,261 97,448
Goodwill 361,074 51,865 338,288
Available-for-sale debt investments 2,014,537 289,370 1,961,474
Equity investments, net 13,237 1,901 33,694
Deferred tax assets 73,688 10,585 60,160
Operating lease right-of-use assets, net 85,790 12,323 0
Other non-current assets 19,859 2,853 23,454
Total non-current assets 2,769,115 397,759 2,610,149
Total assets 5,325,817 765,006 4,630,719
Current liabilities (including amounts of the consolidated VIEs, excluding intercompany amounts, without recourse to the Company of RMB457,498 and RMB611,670 (US$87,861) as of December 31, 2018 and 2019, respectively. Note 1) :      
Short-term bank loans     267,665
Accounts payable 259,928 37,336 264,753
Amounts due to related parties 34,223 [1] 4,916 25,218
Advances from customers 55,900 8,030 54,601
Taxes payable 291,511 41,873 101,386
Salary and welfare payable 174,902 25,123 132,316
Deposits in relation to future disposal of investment in Particle 355,212 51,023  
Accrued expenses and other current liabilities 293,441 42,150 227,328
Operating lease liabilities 40,326 5,792 0
Total current liabilities 1,505,443 216,243 1,073,267
Non-current liabilities (including amounts of the consolidated VIEs, excluding intercompany amounts, without recourse to the Company of RMB28,796 and RMB52,087 (US$7,482) as of December 31, 2018 and 2019, respectively. Note 1) :      
Deferred tax liabilities 197,810 28,414 140,960
Long-term liabilities 27,612 3,966 26,131
Operating lease liabilities 49,937 7,173 0
Total non-current liabilities 275,359 39,553 167,091
Total liabilities 1,780,802 255,796 1,240,358
Commitments and contingencies (Note 23)
Shareholders’ equity:      
Additional paid-in capital 1,611,484 231,475 1,604,588
Statutory reserves 88,583 12,724 87,620
Retained earnings 186,324 26,764 159,621
Accumulated other comprehensive income 1,405,808 201,931 1,188,358
Total Phoenix New Media Limited shareholders’ equity 3,331,751 478,576 3,079,727
Noncontrolling interests 213,264 30,634 310,634
Total shareholders’ equity 3,545,015 509,210 3,390,361
Total liabilities and shareholders’ equity 5,325,817 765,006 4,630,719
Class A ordinary shares      
Shareholders’ equity:      
Ordinary shares 17,499 2,514 17,487
Class B ordinary shares      
Shareholders’ equity:      
Ordinary shares ¥ 22,053 $ 3,168 ¥ 22,053
[1] As Tianbo has been consolidated from April 1, 2019, the amounts of due from and due to related parties as of December 31, 2019 did not include those due from and due to Tianbo.