Phoenix New Media (ADR) (FENG)
Distributes ifeng news, video, and paid reading across Chinese digital channels.
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Sells digital news, video, and paid reading through ifeng's PC, mobile, and third-party channels, earning most revenue from advertising alongside paid content. Operations are concentrated in China and contractually controlled through a Cayman holding-company/VIE structure, while Phoenix TV retains majority voting power.
Distributes news, video, livestreams, digital books, and internet literature under the ifeng brand through PC properties, mobile apps, and third-party social and mini-program channels. Its customer-facing products include ifeng.com, ifeng News, ifeng Video, and Fanyue Novel, combining original production with licensed Phoenix TV programming, trademarks, and a cross-format content matrix.
Generates most revenue from advertising inventory sold across these channels, largely through agencies, alongside paid digital reading, audiobook, content-licensing, e-commerce, and mobile value-added services. Advertising tools including Fengyan, Fengyu, Fengyi, and Fengfei support targeting, bidding, customization, and monetization.
Operations, employees, long-lived assets, and most revenue are concentrated in China. The Cayman holding company contracts for control of PRC operating entities because key internet, telecom, audiovisual, and internet-culture activities are restricted to foreign investment and subject to licenses; Phoenix TV retains majority voting power.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $147.5M · Total debt $5.8M · Total assets $240.3M · Shareholders' equity $173.0M
- Revenue
- $32.4M
- Operating income
- −$785.3K
- Net income
- $978.6K
Reported in CNY, converted at the latest exchange rate
No dividends on record.
No ownership filings on record for this listing.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Phoenix New Media (ADR) | $1.46 | 0.00% | $365.4K | 0.6 | 0.8 | 0.0 | +22.3% |
| Baidu (ADR) | $91.87 | −0.37% | $31.36B | — | 18.2 | 1.6 | +1.1% |
| Bilibili (ADR) | $15.25 | +0.46% | $6.37B | 30.1 | 18.2 | 1.4 | +14.1% |
| NetEase (ADR) | $118.80 | +1.13% | $75.00B | 15.7 | 15.0 | 4.3 | +13.9% |
| Median | 22.9 | 18.2 | 1.6 | +13.9% |