Phoenix New Media Limited (FENG) — Net Asset Quality Index

Latest as of March 2026: 68.1%

Phoenix New Media Limited (FENG) has a Net Asset Quality Index of 68.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.59 Billion minus total liabilities of $506.78 Million yields net assets of $1.08 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Phoenix New Media Limited fund operations to measure how many days the company can operate on defensive assets alone.

Quality Index

68.1%
Equity / Total Assets

Net Assets

$1.08 Billion
USD

Total Assets

$1.59 Billion
USD

Total Liabilities

$506.78 Million
USD

Phoenix New Media Limited Net Asset Quality Index Over Time (2009–2025)

This chart shows how Phoenix New Media Limited's Net Asset Quality Index has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the index stands at 68.1%, representing net assets of $1.08 Billion against total assets of $1.59 Billion USD. Explore Phoenix New Media Limited cash flow conversion to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Phoenix New Media Limited (2009–2025)

The table below presents the year-by-year Net Asset Quality Index for Phoenix New Media Limited from 2009 to 2025, covering 17 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Phoenix New Media Limited.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 67.2% $1.11 Billion $1.65 Billion $541.82 Million ▲ +2.1 pp
2024 65.0% $1.11 Billion $1.71 Billion $598.52 Million ▼ -1.1 pp
2023 66.2% $1.16 Billion $1.76 Billion $595.12 Million ▲ +3.9 pp
2022 62.3% $1.27 Billion $2.03 Billion $765.60 Million ▲ +4.6 pp
2021 57.7% $1.39 Billion $2.41 Billion $1.02 Billion ▼ -2.3 pp
2020 60.0% $1.66 Billion $2.77 Billion $1.11 Billion ▼ -6.5 pp
2019 66.6% $3.54 Billion $5.32 Billion $1.78 Billion ▼ -6.7 pp
2018 73.2% $3.39 Billion $4.63 Billion $1.24 Billion ▲ +3.7 pp
2017 69.5% $2.50 Billion $3.60 Billion $1.10 Billion ▲ +1.2 pp
2016 68.2% $2.16 Billion $3.17 Billion $1.01 Billion ▼ -2.1 pp
2015 70.3% $1.80 Billion $2.57 Billion $762.52 Million ▼ -3.5 pp
2014 73.8% $1.72 Billion $2.33 Billion $610.17 Million ▼ -2.8 pp
2013 76.6% $1.58 Billion $2.06 Billion $481.73 Million ▼ -4.7 pp
2012 81.3% $1.37 Billion $1.68 Billion $314.92 Million ▼ -2.3 pp
2011 83.5% $1.31 Billion $1.56 Billion $257.71 Million ▲ +17.5 pp
2010 66.0% $295.22 Million $447.26 Million $152.04 Million ▲ +3.2 pp
2009 62.8% $28.92 Million $46.05 Million $17.13 Million
pp = percentage points