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Consolidated Statements of Comprehensive Income/ (Loss)
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Revenues:        
Total revenues [1] ¥ 1,531,062 $ 219,923 ¥ 1,377,379 ¥ 1,575,092
Cost of revenues [1] (768,302) (110,360) (596,548) (727,197)
Gross profit 762,760 109,563 780,831 847,895
Operating expenses :        
Sales and marketing expenses [1] (615,783) (88,452) (537,562) (493,664)
General and administrative expenses [1] (271,788) (39,039) (162,568) (146,923)
Technology and product development expenses [1] (242,757) (34,870) (204,723) (192,325)
Changes in fair value of financial assets-contingent returnable consideration [1] 62,051 8,913    
Total operating expenses [1] (1,068,277) (153,448) (904,853) (832,912)
Income/(loss) from operations (305,517) (43,885) (124,022) 14,983
Other income/(loss):        
Interest income 28,407 4,080 47,445 54,286
Interest expense (5,089) (731) (13,544) (22,221)
Foreign currency exchange (loss)/gain 7,892 1,134 6,849 (23,560)
Income/(loss) from equity method investments, net of impairments (3,447) (495) 5,352 6,296
Gain on disposal of convertible loans due from a related party | ¥     10,565  
Gain on disposal of available-for-sale debt investments 1,001,181 143,811 0 0
Others, net 20,816 2,990 21,848 19,423
Income/(loss) before tax 744,243 106,904 (45,507) 49,207
Income tax expense (20,241) (2,908) (20,105) (14,783)
Net income/(loss) 724,002 103,996 (65,612) 34,424
Net loss attributable to noncontrolling interests 3,827 550 2,390 3,048
Net income/(loss) attributable to Phoenix New Media Limited 727,829 104,546 (63,222) 37,472
Net income/(loss) 724,002 103,996 (65,612) 34,424
Other comprehensive income (net of tax of nil, RMB132,272 and RMB196,617 (US$28,242) for the years ended December 31, 2017, 2018 and 2019, respectively): fair value remeasurement for available- for-sale debt investments 1,188,762 170,755 566,320 321,538
Other comprehensive loss (net of tax of nil, nil and RMB142,574 (US$20,479) for the years ended December 31, 2017, 2018 and 2019, respectively): reclassification adjustment for disposal of available- for-sale debt investments (1,008,795) (144,904)    
Other comprehensive (loss)/income (net of nil tax for all years): foreign currency translation adjustment 37,483 5,384 51,794 (49,640)
Comprehensive income 941,452 135,231 552,502 306,322
Comprehensive loss attributable to noncontrolling interests 3,827 550 2,390 3,048
Comprehensive income attributable to Phoenix New Media Limited 945,279 135,781 554,892 309,370
Net income/(loss) attributable to Phoenix New Media Limited ¥ 727,829 $ 104,546 ¥ (63,222) ¥ 37,472
Ordinary Shares        
Net income/(loss) per share:        
Basic | (per share) ¥ 1.25 $ 0.18 ¥ (0.11) ¥ 0.07
Diluted | (per share) ¥ 1.25 $ 0.18 ¥ (0.11) ¥ 0.06
Weighted average number of Class A and Class B ordinary shares used in computing net income/(loss) per share:        
Basic 582,275,800 582,275,800 581,084,453 574,786,887
Diluted 582,275,800 582,275,800 581,084,453 590,433,907
ADS        
Net income/(loss) per share:        
Basic | (per share) ¥ 10.00 $ 1.44 ¥ (0.87) ¥ 0.52
Diluted | (per share) ¥ 10.00 $ 1.44 ¥ (0.87) ¥ 0.51
Weighted average number of Class A and Class B ordinary shares used in computing net income/(loss) per share:        
Basic 72,784,475 72,784,475 72,635,557 71,848,361
Diluted 72,784,475 72,784,475 72,635,557 73,804,238
Net advertising services        
Revenues:        
Total revenues [1] ¥ 1,263,485 $ 181,488 ¥ 1,198,271 ¥ 1,353,480
Cost of revenues (638,160) (91,666) (517,533) (602,945)
Gross profit 625,325 89,822 680,738 750,535
Paid services        
Revenues:        
Total revenues [1] 267,577 38,435 179,108 221,612
Cost of revenues (130,142) (18,694) (79,015) (124,252)
Gross profit ¥ 137,435 $ 19,741 ¥ 100,093 ¥ 97,360
[1] (1)Transactions with related parties included in revenues, cost of revenues and operating expenses are as follows (Note 24): Net advertising revenues 67,393 41,482 50,700 7,283 Paid services revenues 139,149 87,131 72,454 10,407 Cost of revenues (57,057) (30,167) (26,728) (3,839) Sales and marketing expenses (748) (4,341) (4,157) (597) General and administrative expenses (6,245) (7,918) (7,045) (1,012)