---
title: "Phoenix Media (601928.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601928.SH/norm.md"
symbol: "601928.SH"
name: "Phoenix Media"
parent: "https://longbridge.com/en/quote/601928.SH.md"
datetime: "2026-05-21T23:18:21.758Z"
locales:
  - [en](https://longbridge.com/en/quote/601928.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601928.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601928.SH/norm.md)
---

# Phoenix Media (601928.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.1662 | 0.0379 | 0.0454 | 0.4240 | 0.1991 |
| ROE | 8.39% | 1.88% | 2.31% | 21.49% | 10.22% |
| Revenue | 2.88B | 3.19B | 2.05B | 3.89B | 3.23B |
| Net income | 422.98M | 93.83M | 115.46M | 1.08B | 506.73M |
| Operating income | 363.41M | -211.96M | 118.36M | 866.42M | 476.65M |
| Gross margin | 35.68% | 25.38% | 41.09% | 45.66% | 39.08% |
| Net margin | 14.67% | 2.94% | 5.64% | 27.76% | 15.71% |
| Profit quality | 1647.71% | -30.21% | 18.66% | -843.26% | 157.16% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 30.93B | 30.56B | 31.58B | 31.57B | 31.51B |
| Leverage | 1.50 | 1.51 | 1.55 | 1.56 | 1.54 |
| BVPS | 8.00 | 7.83 | 7.89 | 7.85 | 7.93 |
| Turnover | 0.3846 | 0.4028 | 0.4190 | 0.4273 | 0.4294 |
| Cash & STI | 7.48B | 14.04B | 13.42B | 11.40B | 10.83B |
| Inv & Rec | 1.99B | 1.89B | 2.54B | 1.04B | 1.75B |
| LT assets | 5.78B | 5.93B | 5.98B | 6.07B | 6.17B |
| Net debt | -7.27B | -13.81B | -13.17B | -11.12B | -10.54B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 22.06M | 701.67M | 634.26M | -102.75M | 303.28M |
| Investing CF | 472.12M | -585.39M | -1.32B | 1.77B | -719.23M |
| Financing CF | -26.14M | -311.85M | -1.31B | -28.11M | 183.28M |
| Free CF | -5.57B | 1.13B | -1.32B | 1.33B | -377.36M |
| OCF coverage | 78.43% | 136.94% | 49.14% | -140.44% | 738.94% |
| Repaid & issued | - | 0.0000 | 0.0000 | 0.0000 | 16.30M |
| CapEx | -28.12M | -110.29M | -35.37M | -18.74M | -33.35M |

## Distribution Plan

**Dividend Yield**: 6.62

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.1CNY | 2025-10-23 | 2025-10-24 | 2025-10-24 |
| Cash Dividend: 
0.5CNY | 2025-07-08 | 2025-07-09 | 2025-07-09 |
| Cash Dividend: 
0.5CNY | 2024-07-11 | 2024-07-12 | 2024-07-12 |