China Tracker - Details for Phoenix New Media (FENG)

 Phoenix New Media
Shares Outstanding (MRQ): 75.56 mill
New Shares / Dilution (TTM): 11.50 mill17.95% 
Cash (MRQ): 156.50 mill58.67%
Account Receivables (MRQ): 11.67 mill4.38%
Account Receivables (Q/Q): 0.00 mill0.00% 
Long-Term Debt (MRQ): 0.53 mill0.20%
Revenue Growth (Q/Q): 8.83% 
Revenue Growth (Y/Y): 77.01%
Net Income Growth (Q/Q): 18.85% 
Net Income Growth (Y/Y): 24.90%
EPS Growth (Y/Y): 5.89% 
Net Margin (Q/Q): 12.7% (11.6%)1.10% 
Net Margin (Y/Y): 12.7% (18.0%)-5.30% 
EPS | P/E (2 MRQ Projection): $0.1621.86
CFPS | P/CF (2 MRQ Projection): $0.1720.48
Price/Sales (2 MRQ Projection): 2.66
Price/Book (MRQ): 1.68 
Auditor: PricewaterhouseCoopers
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2012-10-21): $0.3310.70
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2011-05-12 
IPO Price: $11.00 (-67.91% since IPO)

 Business Outlook

For the third quarter of 2011, the Company expects its net advertising revenues to be between RMB121 million and RMB125 million, which represents year-over-year growth of approximately 145% to 153%. Paid service revenues are expected to be between RMB115 million and RMB120 million, which represents year-over-year growth of approximately 15% to 20%. As a result, total revenues are expected to be between RMB236 million to RMB245 million, which represents year-over-year growth of approximately 58% to 64%.

(Source: PR Newswire, 2011-08-17)

For the second quarter of 2011, the Company expects its net advertising revenues to be between RMB110 million to RMB112 million, which represents growth of approximately 142% to 146% from the second quarter of 2010, and 46% to 49% growth, approximately, sequentially compared to this first quarter. Paid service revenues are expected to be between RMB106 million to RMB109 million, which represents 35% to 39% growth, approximately, from the second quarter of 2010, and 10% to 13% growth, approximately, sequentially compared to this first quarter.

As a result, total revenues are expected to be between RMB216 million to RMB221 million, which represents 74% to 78% growth, approximately, from the second quarter of 2010, and 26% to 29% growth, approximately, sequentially from this first quarter.

(Source: PR Newswire, 2011-06-22)

 Analyst Coverage (show more)
2011-08-26MacquarieInitiationNeutral$7.00
2011-08-19Deutsche BankReiterationBuy$12.28
2011-08-18Morgan StanleyReiterationOverweightn/a
2011-08-16Deutsche BankReiterationBuy$14.88
2011-06-23Cowen & Co.ReiterationOutperformn/a

FENG is currently followed by 4 analysts. 3 give the stock a positive rating, 1 rate it neutral and 0 give it a negative rating. The average price target is 9.64, which implies 173.08% upside from current price.


    see all Analyst Ratings
FENG
Media & Advertising
SCORE
1
READ: Score Cards Explained
SAFETY/RISK SCORE
MODERATE SAFETY
DETAILS: Safety/Risk Model for FENG
Current Price:  $3.53
F10k Day (2011-05-12): -76.07%$14.75
2011 Close: -37.31%$5.63
High (2012-04-05): -54.40%$7.74
Low (2012-09-28): 5.37%$3.35
Exchange: NYQ
Market Capitalization: 266.74 mill
Total Shares: 75.56 mill
Float: 31,203,000.00 mill
Avg Volume: 289.50 k
Short Interest: 771.60 k
Short Ratio: 2.19%2.7 d
Last Quarter: 2011-03-31
Revenue (MRQ): 26.10 mill
Net Income (MRQ): 3.31 mill
Op. Cash Flow (MRQ): 3.26 mill
all financial data provided without warranty