Phoenix Gross Profit Margin vs Total Assets Analysis

FENG Stock  USD 2.69  0.16  6.32%   
Phoenix New financial indicator trend analysis is much more than just breaking down Phoenix New Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix New Media is a good investment. Please check the relationship between Phoenix New Gross Profit Margin and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit Margin vs Total Assets

Gross Profit Margin vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix New Media Gross Profit Margin account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Phoenix New's Gross Profit Margin and Total Assets is 0.68. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Assets in the same time period over historical financial statements of Phoenix New Media, assuming nothing else is changed. The correlation between historical values of Phoenix New's Gross Profit Margin and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Phoenix New Media are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Gross Profit Margin i.e., Phoenix New's Gross Profit Margin and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit Margin

Total Assets

Total assets refers to the total amount of Phoenix New assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Phoenix New Media books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Phoenix New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix New Media current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The Phoenix New's current Selling General Administrative is estimated to increase to about 157.5 M, while Tax Provision is projected to decrease to roughly 1.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit432.9M237.2M227.9M216.5M
Total Revenue1.0B785.7M692.0M1.2B

Phoenix New fundamental ratios Correlations

0.330.020.290.390.040.580.570.20.160.260.10.680.110.520.13-0.43-0.050.020.210.590.510.530.070.670.47
0.330.850.920.980.830.78-0.130.440.880.940.790.470.660.680.720.340.620.9-0.060.530.780.10.760.420.51
0.020.850.870.770.870.46-0.420.560.930.910.770.210.840.710.720.510.480.840.010.420.56-0.020.880.150.6
0.290.920.870.860.710.76-0.270.610.840.990.640.420.750.650.770.450.60.77-0.080.60.850.030.690.350.5
0.390.980.770.860.780.8-0.030.340.840.870.740.520.560.640.660.270.610.88-0.060.510.770.160.690.490.47
0.040.830.870.710.780.35-0.270.410.860.780.970.130.680.680.630.330.420.910.050.320.36-0.010.950.10.57
0.580.780.460.760.80.350.180.20.550.720.360.610.350.50.40.080.620.51-0.190.60.930.10.30.560.28
0.57-0.13-0.42-0.27-0.03-0.270.18-0.49-0.22-0.28-0.230.32-0.410.14-0.35-0.94-0.09-0.3-0.070.330.070.3-0.290.350.14
0.20.440.560.610.340.410.2-0.490.420.620.410.340.770.380.770.53-0.080.320.540.340.370.390.530.240.55
0.160.880.930.840.840.860.55-0.220.420.880.790.40.720.750.570.330.40.8-0.050.60.580.140.840.380.59
0.260.940.910.990.870.780.72-0.280.620.880.720.40.80.70.780.450.570.81-0.050.590.80.040.770.330.56
0.10.790.770.640.740.970.36-0.230.410.790.720.190.650.670.570.30.340.870.080.30.310.040.950.150.58
0.680.470.210.420.520.130.610.320.340.40.40.190.350.440.31-0.11-0.140.140.150.750.520.790.180.970.51
0.110.660.840.750.560.680.35-0.410.770.720.80.650.350.70.750.50.220.610.270.420.470.230.80.220.8
0.520.680.710.650.640.680.50.140.380.750.70.670.440.70.39-0.060.20.540.020.680.540.20.780.420.84
0.130.720.720.770.660.630.4-0.350.770.570.780.570.310.750.390.510.370.690.270.290.550.210.640.180.52
-0.430.340.510.450.270.330.08-0.940.530.330.450.3-0.110.5-0.060.510.280.46-0.02-0.220.16-0.240.33-0.16-0.08
-0.050.620.480.60.610.420.62-0.09-0.080.40.570.34-0.140.220.20.370.280.67-0.42-0.010.65-0.560.28-0.21-0.02
0.020.90.840.770.880.910.51-0.30.320.80.810.870.140.610.540.690.460.67-0.10.180.51-0.130.820.090.41
0.21-0.060.01-0.08-0.060.05-0.19-0.070.54-0.05-0.050.080.150.270.020.27-0.02-0.42-0.1-0.09-0.140.620.130.060.4
0.590.530.420.60.510.320.60.330.340.60.590.30.750.420.680.29-0.22-0.010.18-0.090.620.470.360.760.56
0.510.780.560.850.770.360.930.070.370.580.80.310.520.470.540.550.160.650.51-0.140.620.050.330.450.35
0.530.1-0.020.030.16-0.010.10.30.390.140.040.040.790.230.20.21-0.24-0.56-0.130.620.470.050.070.760.51
0.070.760.880.690.690.950.3-0.290.530.840.770.950.180.80.780.640.330.280.820.130.360.330.070.140.71
0.670.420.150.350.490.10.560.350.240.380.330.150.970.220.420.18-0.16-0.210.090.060.760.450.760.140.41
0.470.510.60.50.470.570.280.140.550.590.560.580.510.80.840.52-0.08-0.020.410.40.560.350.510.710.41
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Phoenix New Account Relationship Matchups

Phoenix New fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.3M12.1M12.1M12.1M12.1M13.3M
Total Assets5.3B2.8B2.4B2.0B1.8B2.7B
Other Current Liab1.1B402.2M311.3M280.2M214.5M294.3M
Total Current Liabilities1.5B1.1B967.0M664.3M527.0M761.4M
Total Stockholder Equity3.3B1.6B1.4B1.3B1.2B1.8B
Other Liab225.4M29.5M29.6M20.3M23.4M41.5M
Accounts Payable259.9M221.2M217.2M177.0M122.1M212.5M
Cash341.0M357.8M189.0M96.0M527.4M362.1M
Other Assets93.5M96.6M95.4M108.7M125.0M131.3M
Other Current Assets161.7M73.9M65.0M41.3M41.2M61.9M
Total Liab1.8B1.1B1.0B765.6M595.1M821.9M
Intangible Assets99.3M12.4M22.5M29.1M20.1M25.6M
Property Plant Equipment187.4M112.1M70.4M116.6M134.1M67.4M
Property Plant And Equipment Net187.4M112.1M70.4M116.6M75.2M96.4M
Current Deferred Revenue55.9M38.8M33.5M31.9M52.1M33.3M
Net Debt(250.8M)(304.8M)(143.1M)8.6M(458.0M)(480.9M)
Retained Earnings185.2M(88.2M)(300.4M)(411.1M)(513.4M)(487.7M)
Non Current Assets Total2.8B352.6M328.8M369.2M280.1M266.1M
Non Currrent Assets Other19.9M9.8M3.2M19.7M83.3M87.5M
Cash And Short Term Investments1.6B1.6B1.5B1.1B1.1B1.3B
Net Receivables698.0M708.2M514.0M474.8M351.3M567.3M
Liabilities And Stockholders Equity5.3B2.8B2.4B2.0B1.8B2.9B
Non Current Liabilities Total275.4M46.2M49.7M101.3M68.1M64.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B1.7B
Property Plant And Equipment Gross187.4M112.1M70.4M116.6M162.6M103.3M
Total Current Assets2.6B2.4B2.1B1.7B1.5B2.0B
Accumulated Other Comprehensive Income1.5B63.8M59.2M54.1M58.9M56.0M
Short Term Debt40.3M36.4M25.8M23.6M19.9M18.9M
Short Term Investments1.3B1.3B1.3B1.0B558.8M831.2M
Inventory82.9M31.0M15.6M9.1M1.00.95
Net Tangible Assets2.9B1.6B1.4B1.3B1.5B2.0B
Long Term Investments2.0B131.5M140.5M114.7M101.5M96.5M
Short Long Term Debt Total90.3M53.0M45.9M104.6M69.4M128.9M
Capital Lease Obligations90.3M53.0M45.9M104.6M69.4M44.4M
Non Current Liabilities Other27.6M28.2M28.3M20.3M18.6M23.9M
Net Invested Capital3.3B1.6B1.4B1.3B1.2B1.7B

Currently Active Assets on Macroaxis

When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phoenix New. If investors know Phoenix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(0.56)
Revenue Per Share
56.873
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.02)
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.