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Consolidated Balance Sheets - CNY (¥)
¥ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents ¥ 95,982 ¥ 188,980
Term deposits and short term investments 1,049,555 1,309,028
Restricted cash 9,055 15,618
Accounts receivable, net 428,587 456,935
Amounts due from related parties 46,215 57,079
Prepayments and other current assets 32,257 49,363
Total current assets 1,661,651 2,077,003
Non-current assets:    
Property and equipment, net 13,091 29,051
Intangible assets, net 29,126 22,495
Available-for-sale debt investments 304 29,401
Equity investments, net 114,389 111,128
Deferred income tax assets, net 89,060 92,189
Operating lease right-of-use assets, net 103,551 41,361
Other non-current assets 19,652 3,218
Total non-current assets 369,173 328,843
Total assets 2,030,824 2,405,846
Current liabilities (including amounts of the consolidated VIEs, excluding intercompany amounts, without recourse to the Company of RMB345,561 and RMB310,694 as of December 31, 2021 and 2022, respectively. Note 1) :    
Accounts payable 176,956 217,172
Amounts due to related parties 64,733 34,735
Advances from customers 31,942 33,461
Taxes payable 183,525 412,776
Salary and welfare payable 94,484 119,812
Accrued expenses and other current liabilities 89,042 123,243
Operating lease liabilities 23,639 25,780
Total current liabilities 664,321 966,979
Non-current liabilities (including amounts of the consolidated VIEs, excluding intercompany amounts, without recourse to the Company of RMB32,169 and RMB49,000 as of December 31, 2021 and 2022, respectively. Note 1) :    
Deferred tax liabilities   1,312
Long-term liabilities 20,333 28,330
Operating lease liabilities 80,947 20,070
Total non-current liabilities 101,280 49,712
Total liabilities 765,601 1,016,691
Commitments and contingencies (Note 20)
Shareholders’ equity:    
Additional paid-in capital 1,636,822 1,629,014
Statutory reserves 99,547 98,482
Accumulated deficits (411,074) (300,357)
Accumulated other comprehensive loss (45,402) (39,308)
Total Phoenix New Media Limited shareholders’ equity 1,319,445 1,427,383
Noncontrolling interests (54,222) (38,228)
Total shareholders’ equity 1,265,223 1,389,155
Total liabilities and shareholders’ equity 2,030,824 2,405,846
Class A ordinary shares    
Shareholders’ equity:    
Ordinary shares 17,499 17,499
Class B ordinary shares    
Shareholders’ equity:    
Ordinary shares ¥ 22,053 ¥ 22,053