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Phoenix Media Investment (Holdings)
(OTC:2008)
Phoenix Media Investment (Holdings) (2008) vs. iShares MSCI Hong Kong ETF (EWH)
Phoenix Media Investment (Holdings) Business Overview & Revenue Model
Phoenix Media Investment (Holdings) Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.24B | 2.47B | 3.00B | 3.16B | 3.03B | Gross Profit |
| 125.29M | 140.20M | 71.04M | 160.88M | 238.39M | EBIT |
| -253.86M | -334.44M | -378.62M | -647.29M | -505.44M | EBITDA |
| -14.01M | 47.01M | 8.53M | -102.03M | -1.16B | Net Income Common Stockholders |
| -252.60M | -258.99M | -382.50M | -456.20M | -1.04B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.54B | 2.26B | 2.62B | 3.19B | 3.81B | Total Assets |
| 5.83B | 6.69B | 7.22B | 8.78B | 9.35B | Total Debt |
| 582.65M | 933.96M | 847.85M | 962.57M | 1.08B | Net Debt |
| -1.43B | -615.10M | -538.08M | -477.61M | -1.14B | Total Liabilities |
| 2.08B | 2.52B | 2.79B | 3.37B | 3.48B | Stockholders Equity |
| 2.86B | 3.19B | 3.41B | 4.04B | 4.41B |
| Cash Flow | Free Cash Flow | |||
| 302.16M | -125.15M | 171.95M | -264.10M | -796.54M | Operating Cash Flow |
| 352.66M | -44.19M | 295.29M | -167.06M | -728.88M | Investing Cash Flow |
| 346.28M | 514.91M | 296.17M | -250.21M | 1.41B | Financing Cash Flow |
| -181.32M | -104.79M | -417.93M | -449.33M | -567.75M |
Phoenix Media Investment (Holdings) Technical Analysis
Phoenix Media Investment (Holdings) Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $309.21M | 5.86 | 11.43% | 21.51% | -14.09% | 5.79% | |
67 Neutral | €2.17B | 11.34 | 4.11% | 3.46% | -1.66% | -55.48% | |
65 Neutral | HK$452.19M | 9.57 | 6.28% | 12.27% | -15.60% | ― | |
61 Neutral | $14.55B | 5.81 | -3.99% | 6.41% | 2.71% | -31.56% | |
55 Neutral | $761.17M | 34.90 | 0.88% | 2.86% | -85.34% | ― | |
54 Neutral | HK$2.75B | ― | -0.40% | ― | -19.99% | 98.97% | |
47 Neutral | HK$559.29M | ― | -8.33% | ― | -9.43% | 2.47% |
Phoenix Media Investment (Holdings) Corporate Events
Phoenix Media Investment (Holdings) Limited announced that all proposed resolutions at its Annual General Meeting held on June 2, 2025, were passed unanimously. These resolutions included the re-election of several directors, authorization for the board to manage share-related activities, and the re-appointment of PricewaterhouseCoopers as the company’s auditor. The successful passing of these resolutions reflects strong shareholder support and positions the company for continued strategic governance and financial oversight.
Phoenix Media Investment (Holdings) Limited has entered into a new agreement with CNHK Media, an advertising agent for CMCC Group, to sell advertising airtime on its TV channels and media platforms for the period from May 16, 2025, to December 31, 2026. The contract, valued at up to RMB30,000,000, is considered a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval. This agreement signifies the continuation of a previous contract, emphasizing the company’s ongoing relationship with CMCC Group and its strategic positioning in the media advertising market.
Phoenix Media Investment (Holdings) Limited has announced a supplemental notice for its upcoming Annual General Meeting (AGM) scheduled for June 2, 2025, in Hong Kong. The company, incorporated in the Cayman Islands, is seeking shareholder approval to re-appoint PricewaterhouseCoopers as its auditor and authorize the board to fix the auditor’s remuneration. This move underscores the company’s commitment to maintaining robust financial oversight and transparency, which could positively impact its credibility and stakeholder confidence.
Phoenix Media Investment (Holdings) Limited announced the unaudited financial results for the first quarter of 2025 of its subsidiary, Phoenix New Media Limited, which is listed on the New York Stock Exchange. This announcement, made in accordance with Hong Kong Stock Exchange regulations, provides stakeholders with insights into the financial performance of Phoenix New Media, potentially impacting investor perceptions and market positioning.
Phoenix Media Investment (Holdings) Limited has announced its upcoming annual general meeting scheduled for June 2, 2025, in Hong Kong. Key agenda items include the consideration of the company’s audited financial statements for 2024, the re-election of several directors, and the authorization for the board to fix directors’ remuneration. Additionally, the meeting will address a resolution granting the board a mandate to issue new shares and securities, which could impact the company’s capital structure and market operations.
Phoenix Media Investment (Holdings) Limited announced that its subsidiary, Phoenix New Media Limited, has filed an annual report for the fiscal year ended December 31, 2024, with the United States Securities and Exchange Commission. This filing, made under Form 20-F, highlights the company’s compliance with regulatory requirements and its commitment to transparency for stakeholders, potentially impacting its market positioning positively.
Phoenix Media Investment (Holdings) Limited reported a 9.4% decrease in revenue for 2024, alongside a reduction in operating loss by 19.8%. Despite financial challenges, Phoenix TV maintained stable operations and continued to enhance its global media presence. The company launched new channels and rebranded existing ones to strengthen its international broadcasting capabilities, aiming to expand its influence and audience reach. The strategic focus on global news coverage and cultural exchange positions Phoenix TV as a leading Chinese-language media group, with significant implications for its stakeholders and market positioning.
Phoenix Media Investment (Holdings) Limited announced significant changes to its board of directors and committee compositions, effective from March 21, 2025. The company saw the resignation of Ms. Wang Haixia and Mr. Leung Hok Lim from their respective director and committee roles, while Mr. Cui Xian and Mr. Zhou Longshan were appointed to new positions. These changes reflect a strategic shift in the company’s governance structure, potentially impacting its operational focus and stakeholder relations.
Phoenix Media Investment (Holdings) Limited has announced the composition of its board of directors and the roles of its members. The board includes executive, non-executive, and independent non-executive directors, with Mr. Xu Wei serving as the Chairman and CEO. The company has also established four committees: Audit, Nomination, Remuneration, and Risk Management, each chaired by different board members. This announcement highlights the company’s structured governance and oversight, which may impact its strategic direction and stakeholder confidence.