Phoenix New Media Limited (FENG) Return on equity 2011–2020
Phoenix New Media Limited (FENG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
22.3%FY2020 · since FY2011: 7.8% → 22.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 22.3% | +0.6 pp |
| FY2019 | 21.7% | +23.9 pp |
| FY2018 | -2.1% | -3.5 pp |
| FY2017 | 1.4% | -2.3 pp |
| FY2016 | 3.7% | -0.4 pp |
| FY2015 | 4.1% | -11.3 pp |
| FY2014 | 15.3% | -2.5 pp |
| FY2013 | 17.8% | +9.9 pp |
| FY2012 | 7.9% | +0.0 pp |
| FY2011 | 7.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice