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SEC Filings

6-K
PHOENIX NEW MEDIA LTD filed this Form 6-K on 03/12/2018
Entire Document
 

 

Reconciliations of Non-GAAP Results of Operations Measures to the Nearest Comparable GAAP Measures

(Amounts in thousands, except for number of ADSs and per ADS data)

 

 

 

Twelve Months Ended December 31, 2016

 

Twelve Months Ended December 31, 2017

 

 

 

Non-GAAP

 

Non-GAAP

 

 

 

GAAP

 

Adjustments

 

Non-GAAP

 

GAAP

 

Adjustments

 

Non-GAAP

 

 

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

 

 

Unaudited

 

Unaudited

 

Unaudited

 

Unaudited

 

Unaudited

 

Unaudited

 

Gross profit

 

718,100

 

(4,367

)(1)

713,733

 

847,895

 

5,017

(1)

852,912

 

Gross margin

 

49.7

%

 

 

49.4

%

53.8

%

 

 

54.2

%

Income from operations

 

35,372

 

1,890

(1)

37,262

 

14,983

 

20,852

(1)

35,835

 

Operating margin

 

2.4

%

 

 

2.6

%

1.0

%

 

 

2.3

%

 

 

 

 

1,890

(1)

 

 

 

 

20,852

(1)

 

 

 

 

 

 

1,776

(2)

 

 

 

 

(6,296

)(2)

 

 

Net income attributable to Phoenix New Media Limited

 

80,611

 

3,666

 

84,277

 

37,472

 

14,556

 

52,028

 

Net margin

 

5.6

%

 

 

5.8

%

2.4

%

 

 

3.3

%

Net income per ADS—diluted

 

1.12

 

 

 

1.17

 

0.51

 

 

 

0.70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ADSs used in computing diluted net income per ADS

 

72,129,738

 

 

 

72,129,738

 

73,804,238

 

 

 

73,804,238

 

 


(1) Share-based compensation

(2) Loss/(gain) from equity investments, including impairments

 

Non-GAAP to GAAP reconciling items have no income tax effect

 

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