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Phoenix Media leads China's listed press, publications companies

Updated: 2022-01-10
(en.ppm.cn)

Nanjing-based Phoenix Media topped the list of China's listed press and publications companies in terms of comprehensive dynamic performance from 2016 to 2020, according to the Media Big Data Research Center of Wuhan University Big Data Research Institute.

The research center evaluated 19 of China's press and publications companies which went public before 2016.

Phoenix Media was also ranked first place in terms of the dynamic performance of its operation for five years during the period. It was also ranked among the top in terms of dynamic performance of growth, profitability, as well as value and scale from 2016 to 2020.

During the period, the operating revenue of Phoenix Media increased from 10.05 billion yuan ($1.58 billion) to 12.13 billion, up 20.7 percent. The net profit returning to its parent company increased from 1.12 billion yuan to 1.6 billion yuan, up 42 percent, its net assets increased from 10.68 billion yuan to 14.72 billion yuan, up 37.8 percent, and its total assets increased from 17.91 billion yuan to 25.65 billion yuan, up 43.2 percent.

As of the end of 2020, Phoenix Media was the first among listed counterparts in China in terms of total assets, operating revenue, and net profit returning to parent company.


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