Document and Entity Information |
12 Months Ended |
---|---|
Dec. 31, 2015
shares
| |
Document Information [Line Items] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2015 |
Document Fiscal Year Focus | 2015 |
Document Fiscal Period Focus | FY |
Entity Registrant Name | Phoenix New Media Ltd |
Entity Central Index Key | 0001509646 |
Current Fiscal Year End Date | --12-31 |
Entity Filer Category | Accelerated Filer |
Entity Current Reporting Status | Yes |
Entity Well-known Seasoned Issuer | No |
Trading Symbol | FENG |
Class A ordinary shares [Member] | |
Document Information [Line Items] | |
Entity Common Stock, Shares Outstanding | 253,250,854 |
Class B ordinary shares [Member] | |
Document Information [Line Items] | |
Entity Common Stock, Shares Outstanding | 317,325,360 |
X | ||||||||||
- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
|
X | ||||||||||
- Definition End date of current fiscal year in the format --MM-DD. No definition available.
|
X | ||||||||||
- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
|
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
|
X | ||||||||||
- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
|
X | ||||||||||
- Definition Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
X | ||||||||||
- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
X | ||||||||||
- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
|
X | ||||||||||
- Definition Trading symbol of an instrument as listed on an exchange. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Represents appropriations to certain non-distributable statutory reserves in accordance with laws applicable to the reporting entity, its subsidiaries and consolidated VIEs. The reporting entity and its subsidiaries have to make appropriations from its after-tax profit. No definition available.
|
X | ||||||||||
- Definition Term deposits represent time deposits placed with banks with original maturities of more than three months and up to one year. Short-term investments represent interest-bearing deposit placed with financial institutions which are restricted as to withdrawal and use. The investments are issued by commercial bank in China with a variable interest rate indexed to performance of underlying assets. All investments are expected to be realized in cash during the next 12 months. No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The current portion of prepayments received from customers for goods or services to be provided in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, netted by jurisdiction and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The noncurrent portion of the amount recognized for uncertain tax positions as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount at the balance sheet date of borrowings from a bank, not elsewhere enumerated in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Consolidated Balance Sheets (Parenthetical) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
CNY (¥)
shares
|
---|---|---|---|
Current liabilities of consolidated VIEs, excluding intercompany amounts, without recourse to the Company | ¥ 502,696 | $ 77,603 | ¥ 581,781 |
Non-current liabilities of consolidated VIEs, excluding intercompany amounts, without recourse to the Company | ¥ 19,680 | $ 3,039 | ¥ 18,179 |
Treasury stock, shares | 0 | 0 | 2,039,656 |
Class A ordinary shares [Member] | |||
Ordinary shares, par value | $ / shares | $ 0.01 | ||
Ordinary shares, shares authorized | 680,000,000 | 680,000,000 | 680,000,000 |
Ordinary shares, shares issued and outstanding | 253,250,854 | 253,250,854 | 260,204,642 |
Class B ordinary shares [Member] | |||
Ordinary shares, par value | $ / shares | $ 0.01 | ||
Ordinary shares, shares authorized | 320,000,000 | 320,000,000 | 320,000,000 |
Ordinary shares, shares issued and outstanding | 317,325,360 | 317,325,360 | 317,325,360 |
X | ||||||||||
- Definition Current liabilities of consolidated VIEs, excluding intercompany amounts, without recourse to the Company. No definition available.
|
X | ||||||||||
- Definition Non-current liabilities of consolidated VIEs, excluding intercompany amounts, without recourse to the Company. No definition available.
|
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Consolidated Statements of Comprehensive Income ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2013
CNY (¥)
¥ / shares
shares
|
||||
Revenues: | |||||||
Net advertising revenues | [1] | ¥ 1,226,516 | $ 189,342 | ¥ 1,190,158 | ¥ 863,737 | ||
Paid service revenues | [1] | 382,680 | 59,076 | 447,702 | 560,738 | ||
Total revenues | [1] | 1,609,196 | 248,418 | 1,637,860 | 1,424,475 | ||
Cost of revenues | [1] | (829,386) | (128,035) | (781,632) | (696,355) | ||
Gross profit | 779,810 | 120,383 | 856,228 | 728,120 | |||
Operating expenses: | |||||||
Sales and marketing expenses | [1] | (346,133) | (53,434) | (330,777) | (273,399) | ||
General and administrative expenses | [1] | (183,989) | (28,403) | (137,818) | (97,849) | ||
Technology and product development expenses | [1] | (170,714) | (26,354) | (149,996) | (108,683) | ||
Total operating expenses | [1] | (700,836) | (108,191) | (618,591) | (479,931) | ||
Income from operations | 78,974 | 12,192 | 237,637 | 248,189 | |||
Other income: | |||||||
Interest income, net | 27,906 | 4,308 | 46,535 | 32,775 | |||
Foreign currency exchange gain/(loss) | (1,054) | (163) | (6,059) | 19,687 | |||
Gain on disposition of subsidiaries and acquisition of equity investments | 0 | 0 | 29,660 | 0 | |||
Loss from equity investments, including impairments | (41,861) | (6,462) | (18,538) | 0 | |||
Gain on disposal of an equity investment and acquisition of available-for-sale investments | 4,643 | 717 | 0 | 0 | |||
Others, net | 29,294 | 4,522 | 21,261 | 14,960 | |||
Income before tax | 97,902 | 15,114 | 310,496 | 315,611 | |||
Income tax expense | (25,517) | (3,939) | (48,377) | (37,588) | |||
Net income | 72,385 | 11,175 | 262,119 | 278,023 | |||
Net loss attributable to noncontrolling interests | 1,199 | 185 | 972 | 1,531 | |||
Net income attributable to Phoenix New Media Limited | 73,584 | 11,360 | 263,091 | 279,554 | |||
Net income | 72,385 | 11,175 | 262,119 | 278,023 | |||
Other comprehensive income (net of tax of nil, nil and nil for 2013, 2014 and 2015 respectively): fair value remeasurement for available-for-sale investments | 15,869 | 2,450 | 40,283 | 0 | |||
Other comprehensive (loss)/income (net of tax of nil, nil and nil for 2013, 2014 and 2015 respectively): foreign currency translation adjustment | 22,813 | 3,522 | 4,503 | (23,179) | |||
Comprehensive income | 111,067 | 17,147 | 306,905 | 254,844 | |||
Comprehensive loss attributable to noncontrolling interests | 1,199 | 185 | 972 | 1,531 | |||
Comprehensive income attributable to Phoenix New Media Limited | 112,266 | 17,332 | 307,877 | 256,375 | |||
Net income attributable to Phoenix New Media Limited | ¥ 73,584 | $ 11,360 | ¥ 263,091 | ¥ 279,554 | |||
Class A and Class B ordinary share [Member] | |||||||
Net income per share: | |||||||
Basic | (per share) | ¥ 0.13 | $ 0.02 | ¥ 0.44 | ¥ 0.46 | |||
Diluted | (per share) | ¥ 0.13 | $ 0.02 | ¥ 0.43 | ¥ 0.45 | |||
Weighted average number of Class A and Class B ordinary shares used in computing net income per share: | |||||||
Basic | 571,247,723 | 571,247,723 | 597,616,623 | 605,988,397 | |||
Diluted | 580,785,256 | 580,785,256 | 614,620,110 | 622,420,459 | |||
ADS (1 ADS represents 8 Class A ordinary shares) [Member] | |||||||
Net income per share: | |||||||
Basic | (per share) | ¥ 1.03 | $ 0.16 | ¥ 3.52 | ¥ 3.69 | |||
Diluted | (per share) | ¥ 1.01 | $ 0.16 | ¥ 3.42 | ¥ 3.59 | |||
Weighted average number of Class A and Class B ordinary shares used in computing net income per share: | |||||||
Basic | 71,405,965 | 71,405,965 | 74,702,078 | 75,748,550 | |||
Diluted | 72,598,157 | 72,598,157 | 76,827,514 | 77,802,557 | |||
|
X | ||||||||||
- Definition This item represents the income (loss) of equity investments and impairment of equity investments. No definition available.
|
X | ||||||||||
- Definition Paid service revenues are derived from mobile Internet value-added services and video value-added services. No definition available.
|
X | ||||||||||
- Definition Revenue from the sale of advertising time (such as television and radio) or space (newspaper or magazine pages). May also include advertising, marketing and promotional services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of an equity method investment. No definition available.
|
X | ||||||||||
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The net amount of nonoperating interest income (expense). No definition available.
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
|
X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Consolidated Statements of Comprehensive Income (Parenthetical) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
shares
|
Dec. 31, 2014
CNY (¥)
shares
|
Dec. 31, 2013
CNY (¥)
shares
|
|
Other comprehensive income, fair value remeasurement for available-for-sale investments, tax | ¥ 0 | $ 0 | ¥ 0 | ¥ 0 |
Other comprehensive income, foreign currency translation adjustment, tax | 0 | 0 | 0 | 0 |
Revenues, cost of revenues and operating expenses include transactions with related parties as follows (Note 23): | ||||
Net advertising revenues | 71,048 | 10,969 | 55,565 | 45,127 |
Paid service revenues | 276,712 | 42,717 | 291,610 | 413,407 |
Cost of revenues | (49,363) | (7,620) | (45,917) | (76,491) |
Sales and marketing expenses | (1,788) | (276) | (1,246) | (1,040) |
General and administrative expenses | ¥ (1,812) | $ (280) | ¥ (354) | ¥ (404) |
Class A ordinary shares [Member] | ||||
Number of ordinary shares that each ADS represents | 8 | 8 | 8 | 8 |
X | ||||||||||
- Definition Cost of revenues incurred for or charged by related parties No definition available.
|
X | ||||||||||
- Definition General and Administrative Expense Incurred for or Charged by Related Parties No definition available.
|
X | ||||||||||
- Definition Net Advertising Revenues Earned from Related Parties No definition available.
|
X | ||||||||||
- Definition The number of ordinary shares represented by each ADS. No definition available.
|
X | ||||||||||
- Definition Paid Services Revenue Earned from and through Related Parties No definition available.
|
X | ||||||||||
- Definition Revenues, cost of revenues and operating expenses include transactions with related parties [Abstract] No definition available.
|
X | ||||||||||
- Definition Selling and marketing expense incurred for or charged by related parties No definition available.
|
X | ||||||||||
- Definition Amount of tax expense (benefit), after reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Amount of increase in noncontrolling interest from capital contribution received from noncontrolling interest holders. No definition available.
|
X | ||||||||||
- Definition Equity impact of appropriation to statutory reserve. No definition available.
|
X | ||||||||||
- Definition This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation". Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of the reduction or elimination during the period of a noncontrolling interest resulting from the parent's loss of control and deconsolidation of the entity in which one or more outside parties had a noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
|
X | ||||||||||
- Definition Number of shares of capital stock issued (purchased by employees) in connection with an employee stock ownership plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of stock issued during the period as part of a transaction to acquire assets that do not qualify as a business combination. No definition available.
|
X | ||||||||||
- Definition Number of shares related to Restricted Stock Award forfeited during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate value of stock issued during the period as a result of employee stock ownership plan (ESOP). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Value of shares of stock issued during the period as part of a transaction to acquire assets that do not qualify as a business combination. No definition available.
|
X | ||||||||||
- Definition Value of stock related to Restricted Stock Awards forfeited during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of decrease of par value, additional paid in capital (APIC) and retained earnings of common and preferred stock retired from treasury when treasury stock is accounted for under the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of common and preferred stock retired from treasury during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition Amount of cash inflow from capital contribution received from noncontrolling shareholders. No definition available.
|
X | ||||||||||
- Definition This item represents the income (loss) of equity investments and impairment of equity investments. No definition available.
|
X | ||||||||||
- Definition Increase (decrease) in long-term liabilities, one of adjustments to reconcile net income to net cash (used in)/provided by operating activities No definition available.
|
X | ||||||||||
- Definition Maturity of term deposits and short term investments, as cash flows from investing activities. No definition available.
|
X | ||||||||||
- Definition The cash outflow associated with the acquisition of equity method investment and cost method investment. No definition available.
|
X | ||||||||||
- Definition Placement of term deposits and short term investments, as cash flows from investing activities. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of an equity method investment. No definition available.
|
X | ||||||||||
- Definition Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Change in recurring obligations of a business that arise from the acquisition of merchandise, materials, supplies and services used in the production and sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows. No definition available.
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period of all taxes owed but not paid, including income, property and other taxes. No definition available.
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the amount of prepayments by customers for goods or services to be provided at a later date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate increase (decrease) during the reporting period in the amount due from the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows. No definition available.
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash outflow associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow to acquire equity securities classified as available-for-sale securities, because they are not classified as trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow from bank borrowing during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the cash inflow during the period from the sale of a component of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow from a noncontrolling interest. Includes, but is not limited to, purchase of additional shares or other increase in noncontrolling interest ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Organization and Principal Activities |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization and Principal Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization and Principal Activities | 1. Organization and Principal Activities
Phoenix New Media Limited (PNM, or the Company) was incorporated in the Cayman Islands on November 22, 2007 by Phoenix Satellite Television (B.V.I.) Holding Limited (the Parent), a subsidiary of Phoenix Satellite Television Holdings Ltd. (the Phoenix TV). Phoenix TV, its subsidiaries and variable interest entities (VIEs) are collectively referred to as the Phoenix TV Group. As of December 31, 2015, the Company had eleven subsidiaries, six VIEs and seven subsidiaries of VIEs. The Company, its subsidiaries, VIEs and subsidiaries of the VIEs are hereinafter collectively referred to as the Group. The Group generates revenues from providing advertising services and paid services, which include mobile value-add services (MVAS) and games and others. Two of the VIEs hold the necessary licenses and approvals to operate Internet-related businesses in the PRC. In addition, the VIEs are in the process of applying for certain licenses for the operations of their businesses, including an Internet audio-visual program transmission license and an Internet news license.
The details of the subsidiaries, VIEs and the subsidiaries of the VIEs as of December 31, 2015 are set out below:
*In August, 2015, the name of Beijing Jirong Wenhua Culture Communication Co., Ltd. was changed to Beijing Fenghuang Interactive Entertainment Network Technology Co., Ltd..
In order to comply with Chinese laws and regulations that prohibit or restrict foreign ownership of companies that operate Internet content, advertising and game businesses, a series of agreements (the Contractual Agreements) were entered into among Fenghuang On-line, Tianying Jiuzhou, Yifeng Lianhe and their legal shareholders in 2009, and among Qieyiyou, Chenhuan, Youjiuzhou, Huanyou Tianxia and their legal shareholders in 2015. Through the aforementioned activities, Tianying Jiuzhou, Yifeng Lianhe, Chenhuan, Youjiuzhou and Huanyou Tianxia are considered as VIEs in accordance with accounting principles generally accepted in the United States (U.S. GAAP). Fenghuang On-line and Qieyiyou are entitled to substantially all the economic risks and rewards associated with the VIEs, and are the primary beneficiaries of the VIEs, respectively.
Voting Right Entrustment Agreements
Pursuant to the voting right entrustment agreements among the VIEs, their legal shareholders and Fenghuang On-line or Qieyiyou, each legal shareholder of the VIEs agreed to grant a person designated by Fenghuang On-line or Qieyiyou the right to exercise their rights as shareholders, including all voting rights, as well as rights to attend and propose the convening of shareholder meetings. Unless otherwise required by law, the voting right entrustment agreements will remain in effect indefinitely unless both parties agree to terminate the agreement in writing, or unless the Fenghuang On-line or Qieyiyou decide in their discretion to terminate the relevant agreements.
Exclusive Equity Option Agreements
Under the exclusive equity option agreements among the VIEs, their legal shareholders and Fenghuang On-line and Qieyiyou, legal shareholders of the VIEs irrevocably granted Fenghuang On-line or Qieyiyou or their designated person an irrevocable, unconditional and exclusive option to purchase, to the extent permitted by applicable PRC laws, all of the equity interest in the VIEs from the legal shareholders. The purchase price for the entire equity interest is to be calculated based on the paid-up amount of the relevant equity interest or the minimum price permitted by applicable PRC laws. The exclusive equity option agreement will remain in effect until all of the equity interest in the VIEs has been duly transferred to Fenghuang On-line or Qieyiyou or their designated representatives.
Loan Agreements
Pursuant to the loan agreements among Fenghuang On-line or Qieyiyou, and legal shareholders of their VIEs, Fenghuang On-line or Qieyiyou granted interest-free loans to the legal shareholders of the VIEs for an amount that is equal to their respective capital contribution in the VIEs. The loans can be repaid only with proceeds from the sale of all of the respective shareholders equity interest in the applicable VIE to Fenghuang On-line or Qieyiyou, or their designated representatives pursuant to the applicable exclusive equity option agreement. The term of each loan is ten years, and may be extended upon mutual agreement of the parties.
Equity Pledge Agreements
Under the equity pledge agreement among the VIEs, their legal shareholders and Fenghuang On-line or Qieyiyou, the legal shareholders of the VIEs have pledged their equity interests in the VIEs to Fenghuang On-line or Qieyiyou to secure the performance of the obligations of the VIEs and their legal shareholders under the applicable exclusive technical licensing and services agreement, voting right entrustment agreement, exclusive equity option agreement and loan agreement. The equity pledge agreements will remain in effect until the secured obligations have been fully performed by the VIEs or released by Fenghuang On-line or Qieyiyou.
Exclusive Technical Licensing and Service Agreements
Under the exclusive technical licensing and service agreements between Fenghuang On-line or Qieyiyou and each of the VIEs, Fenghuang On-line or Qieyiyou has the exclusive right to provide technical and consulting services to their respective VIEs. The VIEs have agreed to pay a service fee to Fenghuang On-line or Qieyiyou equal to a certain percentage of their respective annual revenues plus a special service fee for certain services rendered by Fenghuang On-line or Qieyiyou at the request of the VIEs. The technical service agreements also transfer all of the economic benefit of intellectual property created by the VIEs to Fenghuang On-line or Qieyiyou. Each exclusive technical services agreement will remain in effect indefinitely and can be terminated only by Fenghuang On-line or Qieyiyou unless otherwise required by law.
The Group has evaluated the relationship among the Company, Fenghuang On-line or Qieyiyou and the VIEs in accordance with U.S. GAAP. Pursuant to the voting right entrustment agreements, the Company has obtained power, as granted to the legal shareholders by the applicable PRC law and under the articles of association of the VIEs, to direct all significant activities of the VIEs, which include but are not limited to budgeting, financing, and making other strategic and operational decisions, and will significantly impact the VIEs economic performance. Pursuant to the exclusive technical licensing and service agreements and other agreements, the Company has the right to receive benefits of the VIEs in the form of technical service fees, which could potentially be significant to the VIEs net income. In addition, the Company has the right to receive all the residual assets of the VIEs through exercise of the exclusive equity option agreements. As a result, the Company, through Fenghuang On-line and Qieyiyou, is considered the primary beneficiary of the VIEs and therefore includes the VIEs assets, liabilities and operating results in its consolidated financial statements.
In January 2015, in order to leverage the Groups brand, content platform and large user base to expand into more entertainment related businesses, the Group established a new subsidiary Meowpaw with share capital of RMB1.0 million (US$0.2 million). Meowpaw plans to engage in creating intellectual properties, related games, books, movies and animations, etc. The Group held 75% of the shares, and the noncontrolling shareholder, who was an individual, held the rest of 25%. Meowpaws share capital was not sufficient to support its operations. In addition to the capital injection, the Group provided a long-term financing of RMB34.0 million (US$5.2 million) to support its operations. In accordance with ASC810-10, Variable Interest Entities, Meowpaw is thinly capitalized and consolidated as a variable interest entity. Meowpaw may not pay any dividend to shareholders until the accumulated retained earnings is over RMB35.0 million (US$5.4 million). The Group owns 75% equity interest of Meowpaw, it can absorb a majority of Meowpaws expected loss, own the power to direct Meowpaws activities and most significantly impact Meowpaws economic performance, therefore, the Group is the primary beneficiary of Meowpaw and consolidate Meowpaw under VIE model.
The Company has the power to direct the activities of all the VIEs, including the VIEs aforementioned in the Contractual Agreements and Meowpaw, and can freely have assets transferred out of all the VIEs without any restrictions. Only the registered capital and PRC statutory reserves of the VIEs amounted to RMB32.1 million (US$5.0 million) as of December 31, 2015 can be used to solely settle obligations of the VIEs. As all the consolidated VIEs are incorporated as limited liability companies under the PRC Company Law, the creditors of the VIEs liabilities do not have recourse to the general credit of the Company. The amounts of the consolidated VIEs current liabilities without recourse to the Company disclosed on the face of the consolidated balance sheets have excluded the amounts due to inter-company entities.
The following tables set forth the assets, liabilities, results of operations and cash flows of the consolidated VIEs:
As of December 31, 2015, the total assets for the consolidated VIEs mainly comprised of cash and cash equivalents, term deposits and short term investments, accounts receivable, prepayments and other current assets, amounts due from related parties and property and equipment. There was no pledge or collateralization of these assets. Unrecognized revenue-producing assets that are held by the VIEs comprise the Internet Content Provision License, the Online Culture Operating Permit, the Internet Publication License, the Permit for Production and Operation of Radio and TV Programs, the Value-added Telecommunications Business Operating License, trademark, and domain name. Recognized revenue-producing assets that are held by the VIEs comprise property and equipment and operating rights for licensed games. As of December 31, 2015, the total liabilities for the consolidated VIEs mainly comprised accounts payable, amounts due to related parties, amounts due to inter-company entities, advances from customers, salary and welfare payable, taxes payable and accrued expenses and other current liabilities. The consolidated VIEs have a series of inter-company transactions, the net impacts were net loss RMB380.9 million, RMB414.4 million and RMB242.4 million (US$37.4 million) for the years ended December 31, 2013, 2014 and 2015, respectively. The balances and transactions of the consolidated VIEs were reflected in the Companys consolidated financial statements with inter-company transactions eliminated.
It is possible that the Groups operation of certain of its operations and businesses through VIEs could be found by PRC authorities to be in violation of PRC law and regulations prohibiting or restricting foreign ownership of companies that engage in such operations and businesses. While the Groups management considers the possibility of such a finding by PRC regulatory authorities under current law and regulations to be remote, on January 19, 2015, the Ministry of Commerce of the PRC, or (the MOFCOM) released on its Website for public comment a proposed PRC law (the Draft FIE Law) that appears to include VIEs within the scope of entities that could be considered to be foreign invested enterprises (or FIEs) that would be subject to restrictions under existing PRC law on foreign investment in certain categories of industry. Specifically, the Draft FIE Law introduces the concept of actual control for determining whether an entity is considered to be an FIE. In addition to control through direct or indirect ownership or equity, the Draft FIE Law includes control through Contractual Arrangements within the definition of actual control. If the Draft FIE Law is passed by the Peoples Congress of the PRC and goes into effect in its current form, these provisions regarding control through Contractual Arrangements could be construed to reach the Groups VIE arrangements, and as a result the Groups VIEs could become explicitly subject to the current restrictions on foreign investment in certain categories of industry. The Draft FIE Law includes provisions that would exempt from the definition of foreign invested enterprises entities where the ultimate controlling shareholders are either entities organized under PRC law or individuals who are PRC citizens. The Draft FIE Law does not make clear how control would be determined for such purpose, and is silent as to what type of enforcement action might be taken against existing VIEs that operate in restricted industries and are not controlled by entities organized under PRC law or individuals who are PRC citizens. If a finding were made by PRC authorities, under existing law and regulations or under the Draft FIE Law if it becomes effective, that the Groups operation of certain of its operations and businesses through VIEs, regulatory authorities with jurisdiction over the licensing and operation of such operations and businesses would have broad discretion in dealing with such a violation, including levying fines, confiscating the Groups income, revoking the business or operating licenses of the affected businesses, requiring the Group to restructure its ownership structure or operations, or requiring the Group to discontinue all or any portion of its operations. Any of these actions could cause significant disruption to the Groups business operations, and have a severe adverse impact on the Groups cash flows, financial position and operating performance. |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Principal Accounting Policies |
12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||
Principal Accounting Policies [Abstract] | |||||||||||||
Principal Accounting Policies | 2. Principal Accounting Policies
(a) Basis of presentation, principles of consolidation, recognition of noncontrolling interests and cost allocations
The consolidated financial statements include the financial statements of the Company, its subsidiaries, its VIEs and the subsidiaries of the VIEs. The consolidated financial statements have been prepared in accordance with U.S. GAAP and on a going concern basis. All significant transactions and balances among the Company, its subsidiaries, its VIEs and the subsidiaries of the VIEs have been eliminated upon consolidation. The Company consolidates the VIEs as required by Accounting Standards Codification (ASC) 810 Consolidation, because Fenghuang On-line and Qieyiyou hold all the variable interests of the VIEs and has been determined to be the primary beneficiary of the VIEs (see Note1).
The Group and Phoenix TV Group have engaged in various mutual cooperation activities in content, branding and promotions, technical support and corporate management. There was no payment for these arrangements until November 2009, when the Group entered into a cooperation agreement with Phoenix TV which stipulates the costs and expenses charged to the Group related to content and other services provided by Phoenix TV Group (see Note 22(a)). The agreement was effective as of January 1, 2010. Accordingly, the related costs and expenses were recorded by the Group based on the cooperation agreement for the years ended December 31, 2013, 2014 and 2015.
Apart from the above cooperation agreement, Phoenix TV Group also paid certain expenses on behalf of the Group, such as data line usage and other general and administrative expenses, which the Group needed to settle with Phoenix TV Group based on the actual amount, and were recorded in the consolidated statements of comprehensive income.
(b) Use of estimates
The preparation of the Groups consolidated financial statements in conformity with the U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from such estimates. These estimates and assumptions include, but are not limited to, the accounting for advertising and paid service revenues, the determination of estimated selling prices of multiple elements revenues contract, accounting for income taxes and uncertain tax positions, allowance for doubtful accounts, share-based compensation, consolidation, foreign currency translation, determination of the estimated useful lives of property and equipment and intangible assets, assessment of impairment of long-lived assets and equity investment, determination of the fair value of financial instruments, and determination of the fair value of retained equity interest in deconsolidation.
(c) Foreign currency translation
The Group uses Renminbi (RMB) as its reporting currency. The Companys operations in China and in international regions use their respective currencies as their functional currencies. In the consolidated financial statements, the financial information of the Company and its subsidiaries, which use US$ or HK$ as their functional currency, have been translated into RMB at the exchange rates quoted by the Peoples Bank of China (the PBOC). Assets and liabilities are translated at the exchange rates on the balance sheet date, equity amounts are translated at historical exchange rates, and revenues, expenses, gains, and losses are translated using the average rate for the period. Translation adjustments arising from these are reported as foreign currency translation adjustments and have been shown as a component of other comprehensive loss or income in the consolidated statements of shareholders equity and the consolidated statements of comprehensive income.
Foreign currency transactions denominated in currencies other than functional currency are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are remeasured at the applicable rates of exchange in effect at that date. Foreign currency exchange gain or loss resulting from the settlement of such transactions and from remeasurement at period-end is recognized in foreign currency exchange gain or loss in the consolidated statements of comprehensive income.
(d) Convenience translation
Translations of amounts from RMB into US$ for the convenience of the reader were calculated at the noon buying rate of US$1.00 = RMB6.4778 on December 31, 2015 as set forth in the H.10 statistical release of the U.S. Federal Reserve Board. No representation is made that the RMB amounts could have been, or could be, converted into US$ at such rate.
(e) Fair value of financial instruments
The Groups financial instruments include cash equivalents, term deposits, short term investments, restricted cash, accounts receivable, amounts due from related parties, prepayments and other current assets, available-for-sale investments, accounts payable, amounts due to related parties, advances from customers, salary and welfare payable, accrued expense, short-term loans and other current liabilities and other non-current assets. Refer to Note 19 for details.
(f) Cash and cash equivalents
Cash and cash equivalents represent cash on hand, demand deposits, time deposits and highly liquid investments placed with banks or other financial institutions, which are unrestricted to withdrawal or use, and which have original maturities of three months or less.
(g) Term deposits, short term investments
Term deposits represent term deposits placed with banks with original maturities of more than three months and up to one year.
Short term investments represent interest-bearing deposits placed with financial institutions which are restricted to withdrawal and use. The investments are issued by commercial bank in China with a variable interest rate indexed to performance of underlying assets. All investments are expected to be realized in cash during the next 12 months.
(h) Restricted cash
Restricted cash represents deposits placed as guarantee of banking facility which are restricted to withdrawal or usage.
(i) Accounts receivable, net
The carrying value of accounts receivable is reduced by an allowance that reflects the Groups best estimate of the amounts that will not be collected. Many factors are considered in estimating the general allowance, including but not limited to reviewing accounts receivable balances, historical bad debt rates, aging analysis, customer credit worthiness and industry trend analysis. The Group also makes the specific allowance if there is evidence showing that the receivable is unlikely to be collected. Accounts receivable balances are written off against the allowance when they are determined to be uncollectible. Refer to Note 4 for details.
(j) Property and equipment, net
Property and equipment are stated at cost less accumulated depreciation and impairment. Property and equipment are depreciated over the following estimated useful lives on a straight-line basis:
In accordance with the provision of ASC250, the Group reviews the estimated useful lives of its property and equipment on an ongoing basis. This review indicated that the actual lives of computers were lower than the estimated useful lives used for depreciation purpose. As a result, on June 1, 2015, the Group changed the estimated useful lives of its computers, from 5 years to 3 years, to better reflect the recent estimation. The additional depreciation expenses for the year ended December 31, 2015 was RMB2.4 million. Furthermore, it would cause a decrease in depreciation expenses in amount of RMB0.1 million, RMB0.6 million and RMB0.9 million for the years ended December 31, 2016, 2017 and 2018, respectively.
Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of property and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the consolidated statements of comprehensive income.
(k) Intangible assets, net
Intangible assets mainly consist of computer software purchased from unrelated third parties, operating rights for licensed games and an Internet domain name. Intangible assets are stated at cost less impairment and accumulated amortization, which is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are 5 years for computer software, 10 years for the Internet domain name, and the estimated life cycle for licensed games.
(l) Available-for-sale investments
In accordance with ASC topic 320 Investments-Debt and Equity Securities. the Group classifies the investments in debt and equity securities as held-to-maturity, trading or available-for-sale, The securities that the Group has positive intent and ability to hold to maturity are classified as held-to-maturity securities. The securities that are bought and held principally for the purpose of selling them in the near term are classified as trading securities. Investments not classified as trading or as held-to-maturity are classified as available-for-sale investments. Available-for-sale investments are reported at fair value, which is estimated by management after considering an independent appraisal performed by a reputable appraisal firm, with unrealized gains and losses, if any, recorded in the accumulated other comprehensive loss or income in shareholders equity. Realized gains and losses are reflected in earnings during the year in which the gains and losses are realized. An impairment loss on the available-for-sale investments would be recognized in the consolidated statements of comprehensive income when the decline in value is determined to be other-than-temporary. Investments with maturities of greater than 12 months are recorded in non-current assets.
(m) Equity investments
Investments in entities in which the Group can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting in accordance with ASC topic 323 Investments-Equity Method and Joint Ventures. The Group adjusts the carrying amount of equity method investment for its share of the earnings or losses of the investee and reports the recognized earnings or losses in the consolidated statements of comprehensive income. The Groups share of the earnings or losses of an investee are based on the shares of common stock and in-substance common stock held by the Group. Investments in entities in which the Group does not have significant influence and which does not have readily determinable fair value are accounted for using the cost method of accounting in accordance with ASC subtopic 325-20 Investment-Other Cost Method Investment. An impairment loss on the equity investments is recognized in the consolidated statements of comprehensive income when the decline in value is determined to be other-than-temporary.
(n) Impairment of long-lived assets
Long-lived assets such as property and equipment and intangible assets are reviewed for impairment whenever events or changes in the circumstances indicate that the carrying value of an asset may not be recoverable. When these events occur, the Group assesses the recoverability of the long-lived assets by comparing the carrying amount to the estimated future undiscounted cash flows associated from the use of the asset and its eventual disposition, and recognize an impairment of long-lived assets when the carrying value of such assets exceeds the estimated future undiscounted cash flows such assets is expected to generate. If the Group identifies an impairment, the Group reduces the carrying amount of the assets group to its estimated fair value based on a discounted cash flow approach or, when available and appropriate, to comparable market values.
(o) Revenue recognition
Revenue is recognized when persuasive evidence of an arrangement exists, the price is fixed or determinable, service is performed and the collectability of the related fee is reasonably assured. In October 2009, the Financial Accounting Standards Board (the FASB) issued Accounting Standards Update (ASU) 2009-13, Multiple Deliverable Revenue Arrangements, to address the accounting for multiple-deliverable arrangements. The Group has applied ASU 2009-13 to all revenue arrangements for all years presented of the financial statements.
(i) Net advertising revenues
Advertising revenues are derived principally from advertising arrangements where the advertisers pay to place their advertisements on the Groups website in different formats over a particular period of time. Such formats generally include but are not limited to banners, text-links, videos, logos, buttons and rich media. Advertisements on the Groups website are generally charged on the basis of duration, and advertising contractual arrangements are entered to establish the fixed price and the advertising services to be provided. Where collectability is reasonably assured, advertising revenues from advertising contractual arrangements are recognized ratably over the contract period of display.
The majority of the Groups advertising revenue arrangements involve multiple element deliverables, including placements of different advertisement formats on the Groups website over different periods of time. The Group breaks down the multiple element arrangements into single units of accounting when possible, and allocates total consideration to each single unit of accounting using the relative selling price method. For most deliverables in its multiple element arrangements, the Group use managements best estimate of the selling price in the allocation as the vendor-specific objective evidence or third-party evidence of selling price is not available for those deliverables. The best estimate of the selling price is determined based on the publicly published advertising rate card, times the relevant discount rates, which are taking into considerations of the historical trend, the pricing of advertising areas sold with similar popularities, advertisements with similar formats and quoted prices from competitors, and other relevant market conditions. The Group recognizes revenue on the elements delivered and defers the recognition of revenue for the estimated value of the undelivered elements until the remaining obligations have been satisfied. Where all of the elements within an arrangement are delivered uniformly over the agreement period, the revenues are recognized on a straight-line basis over the contract period.
Agency service fees to third-party advertising agencies
The Group provides cash incentives in the form of agency service fees to certain third-party advertising agencies based on sales performance, and accounts for such incentives as a reduction of revenue in accordance with ASC 605-50-25, Customer Payments and Incentives: Recognition. The Group has estimated and recorded RMB135.9 million, RMB176.8 million and RMB161.6 million (US$24.9 million) in agency service fees to third-party advertising agencies for the years ended December 31, 2013, 2014 and 2015, respectively.
Barter transactions
The Group enters into barter transactions involving advertising services and follows ASC 605-20, Revenue Recognition: Services. Such barter transactions should be recorded at fair value only if such value of the advertising surrendered in the transaction is determinable within reasonable limits. The Group did not recognize revenue and expenses for advertising-for-advertising barter transactions since the fair value of the advertising services surrendered or received in the transaction is not determinable for the years ended December 31, 2013, 2014 and 2015. Except for advertising-for-advertising barter transactions, the Group recognized revenue from barter transactions involving exchanging advertising services for content, technical, marketing services and others amounted to nil, RMB1.0 million and RMB1.4 million (US$0.2 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
(ii) Paid service revenues
Paid service revenues comprise of MVAS and games and others.
MVAS
MVAS revenues are derived from providing mobile phone users with mobile digital reading services, mobile game services, mobile video services, wireless value-added services (WVAS). WVAS include short messaging services (SMS), multi-media messaging services (MMS), music services such as ring-back tone (RBT) and interactive voice response (IVR). Revenues from mobile digital reading services, mobile game services, mobile video services, and WVAS are charged on a monthly or per-usage basis. Revenues from MVAS are recognized in the period in which the service is performed, provided that no significant obligation remains, collection of the receivables is reasonably assured and the amounts can be accurately estimated.
The Group contracts with China Mobile Communication Corporation and its subsidiaries (CMCC), and to a lesser degree, with other mobile operators, for billing, collection and transmission services related to the MVAS offered to its users. The determination of whether to record these revenues using the gross or net method is based on an assessment of various factors; the primary factors are whether the Group is acting as the principal in offering services to the customer or as an agent in the transaction, and the specific requirement of each contract. CMCC is a related party of the Group (see Note 23).
For most mobile game services delivered through telecom operators and most WVAS, the Group is responsible for providing desired services to the customers and has primary responsibility and broad discretion to establish price, therefore the Group is considered the primary obligor in these transactions, and revenues from these services are recorded on a gross basis. Most revenues from mobile digital reading services, music services and mobile video services are recorded on a net basis as the Group is acting as an agent of operators in these transactions.
Due to the time lag between when the services are rendered and when the operators billing statements are received, most MVAS revenues are estimated based on the Groups internal billing records and transmissions for the month, adjusting for prior periods confirmation rates with operators and prior periods discrepancies between internally estimated revenues and actual revenues confirmed by operators. There was no significant difference between the Groups estimates and the operators billing statements for all the years presented.
The Group also contracts with CMCC to provide news contents and other services to support CMCCs own mobile newspaper products. A fixed fee is charged for the contracts, and the revenues attributable to the news contents are recognized on a straight-line basis over the periods in which the news contents are provided. Revenues attributable to other services are recognized when the other services are provided.
Games and others
Games and others include web-based games, mobile games, online digital reading, content sales, and other online and mobile paid services through the Groups own platforms. Revenues from these services are recognized over the periods in which the services are performed, provided that no significant obligations remain, collection of the receivables is reasonably assured and the amounts can be accurately estimated.
For web-based game services, all of the web-based games provided on the Groups platform are developed by third-party game developers and can be accessed and played by game players without downloading separate software. The Group primarily views the game developers to be its customers and considers its responsibility under its agreements with the game developers to be promotion of the game developers games. The Group collects payments from game players in connection with the sale of in-game virtual currencies and remits certain agreed-upon percentages of the proceeds to the game developers. Revenue from the sale of in-game virtual currency is recorded net of remittances to game developers and deferred until the estimated consumption date of the virtual items, which is within a short period of time, typically a few days, after purchase of the in-game virtual currency.
Mobile games are licensed from third-party developers. The game portfolio includes action, role-playing and casual games operated on smartphone mobile operation systems, such as iOS and Android. The basic game play functions are free of charge, and players are charged for purchases of in-game virtual items, including perpetual and consumable items. Revenues are recognized over the estimated lives of the perpetual items purchased by game players or as the consumable items are consumed. Most of mobile game revenues are recorded on a gross basis as the Group is acting as the principal in offering services to the customers in the transactions.
The Group also provides online literature and provides video programming through its online subscription and pay-per-view services to the customers. Revenues from these services, which are recorded on a gross basis, are recognized evenly over the subscription period, or in the period in which a pay-per-view service is provided.
The Group generates revenues from video content sales agreements for television programming produced by Phoenix TV Group and documentaries purchased from third parties. The video content sales agreements the Group enters into involve the transfer of non-exclusive broadcasting rights to other third-party websites or other Internet and mobile media companies for a definitive license period. In accordance with ASC 926-605, Entertainment-Films, Revenue Recognition, the Group recognizes revenues in respect of its video content sales arrangements when the following criteria are met: persuasive evidence of a video content sales arrangement with a customer exists, the content has been delivered or is available for immediate and unconditional delivery, the sublicense period of the arrangement has begun and the customer can begin its exhibition, the arrangement fee is fixed or determinable, and collection of the arrangement fee is reasonably assured. Pursuant to the cooperation agreement signed with Phoenix TV, the Group pays Phoenix TV 50% of the revenues generated from sales of Phoenix TVs video content, which is recorded in cost of revenues. Refer to Note 22(a) for details.
(p) Cost of revenues
The Groups cost of revenues consists primarily of (i) revenue sharing fees, including service fees retained by mobile telecommunications operators which are recognized as cost of revenues for revenues recorded on gross basis and revenue sharing fees paid to the Groups channel and content partners, (ii) content and operational costs, including personnel-related cost associated with content production and certain advertisement sales support personnel, content procurement costs to third-party professional media companies and to Phoenix TV, administrative costs related to in-house content production, channel testing costs, rental cost, depreciation and amortization and other miscellaneous costs, (iii) bandwidth costs, and (iv) sales taxes and surcharges, sales taxes include business tax and value added tax. The sales taxes and surcharges in cost of revenues for the years ended December 31, 2013, 2014 and 2015 were RMB92.9 million, RMB129.8 million and RMB122.5 million (US$18.9 million), respectively.
In China, business tax is imposed by the government on the revenues reported by the selling entities for the provision of taxable services in China. The business tax rate varies depending on the nature of the revenues. The applicable business tax and surcharges rate for the groups revenues generally ranges from 3.4% to 5.6%.
On November 16, 2011, Ministry of Finance and the State Administration of Taxation announced the Business Tax to Value Added Tax Transformation Pilot Program, or the VAT Pilot Program. Productive service industries, such as the transportation industry and certain modern services industries, were the first in the pilot regions to implement the VAT Pilot Program. The implementation of the VAT Pilot Program began on January 1, 2012 in Shanghai and on September 1, 2012 in Beijing, and was then expanded to seven other provinces and municipalities by the end of 2012. Commencing on August 1, 2013, the implementation of VAT Pilot Program has expanded to all regions in the PRC. As a result of the VAT Pilot Program, the advertising revenues and other modern services revenues, such as games and others services revenues earned by the Groups entities and technical service fees paid by VIEs to the Group pursuant to the Contractual Agreement, are subject to value-added tax and surcharges at a rate of approximately 6.7%. On April 29, 2014, a notification (the Cai Shui [2014] No. 43) was jointly issued by the Ministry of Finance and State Administration of Taxation of the Peoples Republic of China, and as approved by the State Council of the Peoples Republic of China, the telecommunications industry would be included in the scope of the VAT Pilot Program for the transformation from the business tax to value-added tax from June 1, 2014. As a result, the Groups MVAS revenues are subject to value-added tax and surcharges at a rate of approximately 6.7% from June 1, 2014.
The Group is also subject to a cultural development fee on the provision of advertising services in China. The applicable tax rate is 3% of the advertising services revenues.
(q) Sales and marketing expenses
Sales and marketing expenses comprise primarily of: (i) personnel-related expenses including sales commissions related to the sales and marketing personnel; (ii) advertising and promotion expenses including traffic acquisition expenses; and (iii) rental expense, depreciation and amortization expenses. The Group expenses advertising costs as incurred. Total advertising expenses were RMB54.2 million, RMB64.4 million and RMB117.9 million (US$18.2 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
(r) Technology and product development expenses
Technology and product development expenses mainly consist of: (i) personnel-related expenses associated with the development of, enhancement to, and maintenance of the Groups websites; (ii) expenses associated with new technology and product development and enhancement; and (iii) rental expense and depreciation of servers. The Group expenses technology and product development expenses as incurred for all the years presented.
(s) Operating leases
Leases where substantially all the rewards and risks of ownership of assets remain with the lessor are accounted for as operating leases. Payments made under operating leases are charged to the consolidated statements of comprehensive income on a straight-line basis over the lease term. The Group normalizes rental expense on operating leases that involve rent concessions.
(t) Share-based compensation
The Company has incentive plans for the granting of share-based awards, including share options, restricted shares and restricted share units. The Company measures the cost of employee services received in exchange for share-based compensation at the grant date fair value of the award. The Company recognizes the share-based compensation as costs and or expenses in the consolidated statements of comprehensive income, net of estimated forfeitures, on a graded-vesting basis over the vesting term of the awards.
Cancellation of an award accompanied by the grant of a replacement award is accounted for as a modification of the terms of the cancelled award (modification awards). The compensation costs associated with the modification awards are recognized if either the original vesting condition or the new vesting condition has been achieved. Such compensation costs cannot be less than the grant-date fair value of the original award. The incremental compensation cost is measured as the excess of the fair value of the replacement award over the fair value of the cancelled award at the cancellation date. Therefore, in relation to the modification awards, the Company recognizes share-based compensation over the vesting periods of the new awards, which comprises (i) the amortization of the incremental portion of share-based compensation over the remaining vesting term and (ii) any unrecognized compensation cost of original award, using either the original term or the new term, whichever is higher for each reporting period.
The Company adopts the Black-Scholes option pricing model to determine the fair value of share options, and determines the fair value of restricted share and restricted share units based on the fair value of the underlying ordinary shares at the grant date considering the dilutive effect of restricted share and restricted share units.
Forfeiture rate are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimates. The Group uses historical data to estimate pre-vesting option and restricted share units forfeitures and record share-based compensation only for those awards that are expected to vest. Refer to Note 16 for further information regarding share-based compensation assumptions and expenses.
(u) Income taxes
Current income taxes are provided on the basis of net income for financial reporting purposes, adjusted for income and expense items which are not assessable or deductible for income tax purposes, in accordance with the regulations of the relevant tax jurisdictions. Deferred income taxes are provided using an asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted statutory rates applicable to future years to differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities. The tax base of an asset or liability is the amount attributed to that asset or liability for tax purpose. The effect on deferred taxes of a change in tax rates is recognized in the consolidated statements of comprehensive income in the period of change. A valuation allowance is provided to reduce the amount of deferred tax assets if it is considered more likely than not that some portion of, or all of the deferred tax assets will not be realized.
Uncertain tax positions
The Group adopted the provisions of ASC 740-10, Income Taxes: Overall, on January 1, 2007, which clarified the accounting for uncertainty in income taxes by prescribing the recognition and measurement thresholds a tax position is required to meet before being recognized in the financial statements. The guidance prescribes a more likely than not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Significant judgment is required in evaluating the Groups uncertain tax positions and determining its provision for income taxes. Refer to Note 14 for details of the Groups tax positions.
(v) Employee social security and welfare benefits
Full-time employees of the Group in the PRC are entitled to staff welfare benefits including pension, work-related injury benefits, maternity insurance, medical insurance, unemployment benefit and housing fund plans through a PRC government-mandated multi-employer defined contribution plan. The Group is required to accrue for these benefits based on certain percentages of the employees salaries, up to a maximum amount specified by the local government. The Group is required to make contributions to the plans out of the amounts accrued. The PRC government is responsible for the medical benefits and the pension liability to be paid to these employees and the Groups obligations are limited to the amounts contributed. Employee social security and welfare benefits included as cost and expenses in the consolidated statements of comprehensive income were RMB57.4 million, RMB73.7 million and RMB75.6 million (US$11.7 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
(w) Others, net
Others, net mainly represent government subsidies which primarily consist of financial subsidies received from provincial and local governments for operating a business in their jurisdictions. Such income has been recognized when the grants are received and no further conditions need to be met.
(x) Statutory reserves
In accordance with the laws applicable to Chinas Foreign Investment Enterprises, those of the Companys China-based subsidiaries that are considered under PRC law to be a wholly foreign-owned enterprise are required to make appropriations from their after-tax profit (as determined under the Accounting Standards for Business Enterprises as promulgated by the Ministry of Finance of the Peoples Republic of China (PRC GAAP)) to non-distributable reserve funds including (i) general reserve fund, (ii) enterprise expansion fund and (iii) staff bonus and welfare fund. The appropriation to the general reserve fund must be at least 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the general reserve fund has reached 50% of the registered capital of the respective company. Appropriations to the other two reserve funds are at the respective companies discretion.
In accordance with the China Company Laws, those of the Companys China-based subsidiaries that are considered under PRC law to be domestically funded enterprises, as well as the Companys VIEs are required to make appropriations from their after-tax profit (as determined under PRC GAAP) to non-distributable reserve funds including (i) statutory surplus fund and (ii) discretionary surplus fund. The appropriation to the statutory surplus fund must be at least 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the statutory surplus fund has reached 50% of the registered capital of the respective company. Appropriation to the discretionary surplus fund is at the discretion of the respective company.
General reserve fund and statutory surplus fund are restricted for set off against losses, expansion of production and operation or increase in the registered capital of the respective company. The Group has made appropriations of RMB18.3 million, RMB15.6 million and RMB4.3 million (US$0.7 million) to these funds for the years ended December 31, 2013, 2014 and 2015, respectively.
(y) Related parties
Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are also considered to be related if they are subject to common control or significant influence, such as a family member or relative, shareholder, or a related corporation.
(z) Dividends
Dividends are recognized when declared. No dividends were declared for the years ended December 31, 2013, 2014 and 2015, respectively. The Group does not have any present plan to pay dividends on ordinary shares in the foreseeable future. The Group currently intends to retain the available funds and future earnings to operate and expand its business.
(aa) Net income per share
The Company computes net income per Class A and Class B ordinary share in accordance with ASC 260-10, Earnings Per Share: Overall, using the two class method. Under the two-class method, net income is allocated between ordinary shares and other participating securities based on their participating rights. Net losses are not allocated to other participating securities if based on their contractual terms they are not obligated to share in the losses.
The liquidation and dividend rights of the holders of the Companys Class A and Class B ordinary shares are identical, except with respect to voting. As a result, and in accordance with ASC 260-10, the undistributed earnings for each year are allocated based on the contractual participation rights of the Class A and Class B ordinary shares. As the liquidation and dividend rights are identical, the net incomes are allocated on a proportionate basis.
Basic net income per share is computed by dividing net income attributable to ordinary shareholders by the weighted average number of ordinary shares and contingently issuable shares outstanding during the period except that it does not include unvested restricted shares and repurchased ordinary shares subject to cancellation.
Diluted net income per share is calculated by dividing net income attributable to ordinary shareholders, as adjusted for the effect of dilutive potential ordinary shares, if any, by the weighted average number of ordinary shares outstanding and dilutive potential ordinary shares during the period. Potential ordinary shares are excluded in the denominator of the diluted net income per share calculation if their effects would be anti-dilutive.
(ab) Treasury stock
The Company accounted for those shares repurchased as treasury stock at cost in accordance with ASC 505-30, Treasury Stock, and is shown separately in the shareholders equity as the Company has not yet decided on the ultimate disposition of those shares acquired. When the Company decides to cancel the treasury stock, the difference between the original issuance price and the repurchase price is debited into additional paid-in capital. Refer to Note 21 for details.
(ac) Comprehensive income
Comprehensive income is defined as the change in equity of the Group during a period arising from transactions and other events and circumstances excluding transactions resulting from investments by shareholders and distributions to shareholders. Comprehensive income is reported in the consolidated statements of comprehensive income. Accumulated other comprehensive loss or income, as presented on the Groups consolidated balance sheets, includes the foreign currency translation adjustment and fair value remeasurement for available-for-sale investments.
(ad) Segment reporting
Our Groups segments are business units that offer different services and are reviewed separately by the chief operating decision maker (the CODM) in deciding how to allocate resources and in assessing performance. The Groups CODM has been identified as the Chief Executive Officer. As the Groups long-lived assets and revenues are substantially located in and derived from the PRC, no geographical segments are presented.
The Groups organizational structure is based on a number of factors that the CODM uses to evaluate, view and run the Groups business operations, which include, but are not limited to, customer base, homogeneity of products and technology. The Groups operating segments are based on its organizational structure and information reviewed by the Groups CODM to evaluate the operating segment results.
(ae) Recently issued accounting pronouncements
In April 2015, the FASB issued Accounting Standards Update (ASU) No.2015-03, Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The standard requires companies to present debt issuance costs the same way they currently present debt discounts, as a direct deduction from the carrying value of that debt liability. ASU2015-03 does not impact the recognition and measurement guidance for debt issuance costs. For public businesses, ASU No. 2015-03 will be effective for fiscal years starting after December 15, 2015, including any interim periods within those years. Early adoption of ASU No. 2015-03 will be allowed for financial statements that have yet to be issued. The amendments of ASU No. 2015-03 must be applied retrospectively, where the balance sheet of each presented individual period is adjusted to indicate the period-specific impact of using the new guidance. During the transition phase, a business must adhere to the appropriate disclosures for an adjustment in an accounting principle. Such disclosures include why the change in accounting principle is occurring, the method of transition, a explanation of the previous periods information that was retrospectively adjusted, and how the change impacts the financial statement line items (i.e., debt issuance cost asset and the debt liability).The implementation of this update is not expected to have any material impact on the Companys consolidated financial statements.
In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers-Deferral of the effective date (ASU 2015-14). The amendments in ASU 2015-14 defer the effective date of ASU No. 2014-09, Revenue from Contracts with Customers issued in May 2014. According to the amendments in ASU 2015-14, the new revenue guidance ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is in the process of evaluating its contracts with customers under the new standard and cannot currently estimate the financial statement impact of adoption.
In November 2015, the FASB issued ASU No. 2015-17, Income Taxes-Balance Sheet Classification of Deferred Taxes (ASU 2015-17). The amendments in this update simplify the presentation of deferred income taxes. ASU 2015-17 requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in ASU 2015-17 are effective for fiscal years beginning after December 15, 2016 including interim periods within those fiscal years. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. As of December 31, 2015, deferred tax assets and deferred tax liabilities amounted to RMB36.0 million (US$5.6 million) and nil respectively are classified as current.
In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting (Topic 718). The new update will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. The standard also will allow an employer to repurchase more of an employees shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. The guidance is effective for the Company on January 1, 2017. Early application is permitted in any annual or interim period for which financial statements havent been issued or made available for issuance, but all of the guidance must be adopted in the same period. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance. |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for all significant accounting policies of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Certain Risks and Concentration |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Certain Risks and Concentration [Abstract] | |
Certain Risks and Concentration | 3. Certain Risks and Concentration
(a) Major customers
A significant portion of Groups MVAS is generated through and from CMCC, which is also a related party as a result of being a shareholder of Phoenix TV. CMCC is a major mobile network operator in China. It provides billing, collection and transmission services related to the paid services offered by most of the wireless service and content providers in China. The revenues generated through and from CMCC for the years ended December 31, 2013, 2014 and 2015 were RMB429.6 million, RMB320.4 million and RMB309.3 million (US$47.7 million), respectively, which accounted for 30.2%, 19.6% and 19.2% of the respective years total revenues.
The amounts due from CMCC as of December 31, 2014 and 2015 were RMB74.3million and RMB58.3 million (US$9.0 million), respectively, which is included on the consolidated balance sheets as Amounts due from related parties. Except for CMCC, there is no other customer with revenues or receivables over 10% of total revenues or total accounts receivable and due from related parties, respectively.
(b) Credit risk
The Groups credit risk arises from cash and cash equivalents, term deposits, short term investments and restricted cash as well as credit exposures to receivables due from its customers, related parties and other parties.
The Group expects that there is no significant credit risk associated with cash and cash equivalents, term deposits, short term investments and restricted cash for short-term loans which were held by reputable financial institutions in the jurisdictions where the Company, its subsidiaries, VIEs and the subsidiaries of the VIEs are located. The Group believes that it is not exposed to unusual risks as these financial institutions have high credit quality.
The Group has no significant concentrations of credit risk with respect to its customers, except for the accounts receivable from CMCC as discussed above. The Group assesses the credit quality of and sets credit limits on its customers by taking into account their financial position, the availability of guarantee from third parties, their credit history and other factors such as current market conditions.
(c) Currency convertibility risk
The Groups operating transactions and its assets and liabilities are mainly denominated in RMB. RMB is not freely convertible into foreign currencies. The value of the RMB is subject to changes by the central government policies and to international economic and political developments. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates set by PBOC. Remittances in currencies other than RMB by the Group in China must be processed through PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance.
(d) PRC regulations
The Group is exposed to certain macro-economic and regulatory risks and uncertainties in the Chinese market. These uncertainties affect the ability of the Group to provide online advertising, mobile and Internet related services through Contractual Arrangements in the PRC since these industries remains highly regulated. The Chinese government may issue from time to time new laws or new interpretations on existing laws to regulate these industries. Regulatory risk also encompasses the interpretation by the tax authorities of current tax laws, the status of properties leased for the Groups operations and the Groups legal structure and scope of operations in the PRC, which could be subject to further restrictions resulting in limitations on the Groups ability to conduct business in the PRC. The PRC government may also require the Group to restructure its operations entirely if it finds that its Contractual Arrangements do not comply with applicable laws and regulations. It is unclear how a restructuring could impact the Groups business and operating results, as the PRC government has not yet found any such Contractual Arrangements to be in noncompliance. However, any such restructuring may cause significant disruption to the Groups business operations. |
X | ||||||||||
- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Accounts Receivable, Net |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts Receivable, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts Receivable, Net | 4. Accounts Receivable, Net
The following table sets out the balance of accounts receivable as of December 31, 2014 and 2015:
The following table presents the movement of the allowance for doubtful accounts:
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Prepayments and Other Current Assets |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepayments and Other Current Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepayments and Other Current Assets | 5. Prepayments and Other Current Assets
The following is a summary of prepayments and other current assets:
Prepayments to suppliers and other business related expenses mainly consist of business related staff advances, and the Groups prepaid content licenses fee to third-party content suppliers for the rights to access and present on the Groups website the contents produced by these suppliers during a certain period. These content licenses generally have a license period of one to three years, and are amortized over the license period on a straight-line basis. The portion of the prepaid content licenses cost that relates to the license period more than 12 months from the balance sheet date is classified as other non-current assets. |
X | ||||||||||
- Definition Prepayments and other current assets [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Property and Equipment, Net |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment, Net | 6. Property and Equipment, Net
The following is a summary of property and equipment, net:
Depreciation expenses for the years ended December 31, 2013, 2014 and 2015 were RMB28.7 million, RMB31.6 million and RMB38.1 million (US$5.9 million), respectively. The depreciation expenses for the year ended December 31, 2015 included RMB2.4 million (US$0.4 million) as a result of the change in estimated useful lives (see Note 2(j)).
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Intangible Assets, Net |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets, Net | 7. Intangible Assets, Net
The following table summarizes the Groups intangible assets, net:
Amortization expenses for the years ended December 31, 2013, 2014 and 2015 were RMB2.8 million, RMB4.7 million and RMB7.4 million (US$1.1 million), respectively. Based on the current amount of intangible assets subject to amortization, the estimated amortization expenses for each of the following five years are as follows: 2016: RMB4.6 million, 2017: RMB2.8 million, 2018: RMB2.2 million, 2019: RMB1.9 million and 2020: RMB0.9 million.
In view of mobile game business performance and near-term business outlook that were below previous expectations, the Group performed an assessment on the intangible assets related to mobile game business and recorded an impairment charge against operating rights for licensed games of RMB3.8 million (US$0.6 million) for the year ended December 31, 2015.
|
X | ||||||||||
- Definition The entire disclosure for all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Available-for-sale Investments |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Available-for-sale Investments [Abstract] | |
Available-for-sale Investments | 8. Available-for-sale Investments
In October 2014, the Company acquired Series B convertible redeemable preferred shares of Particle Inc. (Particle), representing 9.34% of the equity interest, on an as-if converted basis with a total cash consideration of US$6.0 million (RMB36.8 million). Particle owns Yidian Zixun, a personalized news and life-style information application in China, which allows users to define and explore desired content over mobile device. Including the ordinary shares of Particle recorded in equity investments (see Note 9), the Company owned approximately 18.42% equity interest of Particle on an as-if converted basis as of December 31, 2014.
In April 2015, the Company acquired Series C convertible redeemable preferred shares with a cash consideration of US$30.0 million (RMB183.5 million), and acquired additional ordinary shares and Class A ordinary shares with a total cash consideration of US$27.6 million (RMB168.5 million). Following the transactions, Particle repurchased all the ordinary shares and Class A ordinary shares held by the Company, including ordinary shares purchased by the Company in 2014 (see Note 9), and issued one Series C convertible redeemable preferred share for each ordinary share or Class A ordinary share. The gain on disposal of ordinary shares and Class A ordinary shares and acquisition of Series C convertible redeemable preferred shares was RMB4.6 million for the year ended December 31, 2015. As of December 31, 2015, the Company hold 46.95% equity interest of Particle on an as-if converted basis.
As the Company does not expect to sell or redeem the Series B and Series C convertible redeemable preferred shares within one year, they are classified as long-term available-for-sale investments and reported at fair value which is estimated by management after considering an independent appraisal performed by a reputable appraisal firm.
Total unrealized gains on available-for-sale investments recorded in accumulated other comprehensive loss or income were RMB40.3 million and RMB56.2 million (US$8.7 million) as of December 31, 2014 and 2015, respectively. The carrying value of available-for-sale investments in Particle were RMB77.1 million and RMB514.0 million (US$79.3 million) as of December 31, 2014 and 2015, respectively.
|
X | ||||||||||
- Definition Disclosure of Available-for-sale Investment [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Equity Investments |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Investments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Investments | 9. Equity Investments
In March 2014, IDG-Accel China Growth Fund III L.P. and IDG-Accel China III Investors L.P. (IDG-Accel Funds) acquired US$3.0 million convertible preferred shares of Phoenix FM Limited (FM), previously a subsidiary of the Company, to accelerate development of the ifeng application business. Despite holding 100% of FMs ordinary shares, the Company accounts for its investment in FM as an equity investment since the Company does not control FM due to substantive participating rights that have been provided to the IDG-Accel Funds. On the date the Company lost control of FM, the Company recognized a gain of RMB18.0 million in the consolidated statements of comprehensive income primarily arising from the difference between the fair value of its 100% equity interest of ordinary shares and the carrying amount of net assets in FM. The fair value of the ordinary shares was estimated by management after considering an independent appraisal performed by a reputable appraisal firm. As of December 31, 2015, the carrying value of equity investment in FM was nil. In addition to the equity investment in FM as of December 31, 2015, there was a RMB15.2 million loan receivable due from FM which has been impaired. The impairment amount was RMB9.0 million for the year ended December 31, 2015 which has also been included in loss from equity investments, including impairments.
In April 2014, the Group established a wholly owned subsidiary, Shenzhenshi Fenghuang Jingcai Network Technology Co., Ltd. (Fenghuang Jingcai), for the development of online lottery ticket distribution business. Shikong Chuangyi (Beijing) Technology Culture Development Co. Ltd. and an individual investor agreed to inject capital of RMB8.2 million to acquire Fenghuang Jingcais 54.94% equity interest. As the Group lost control of Fenghuang Jingcai after the capital injections, RMB5.5 million gain on disposition of subsidiaries and acquisition of equity investments was recognized in the consolidated statements of comprehensive income primarily arising from the difference between the fair value of its retained 45.06% equity interest and the carrying amount of Fenghuang Jingcais net assets. The fair value of the retained investment was estimated by management after considering an independent appraisal performed by a reputable appraisal firm.
Since March 2015, Fenghuang Jingcai had suspended all of its online lottery ticket distribution businesses and had not generated any revenue, in response to the Notice related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales, or the Self-Inspection Notice, which was jointly promulgated by the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sports of the Peoples Republic of China. The management assesses that this regulatory change will continue to have negative influence to the cash flows of Fenghuang Jingcai in the future, and that the carrying value of Fenghuang Jingcai may not be fully recoverable. For the year ended December 31, 2015, the impairment of the equity investment in Fenghuang Jingcai recorded in the consolidated statements of comprehensive income was RMB3.2 million (US$0.5 million). As of December 31, 2015, the carrying value of equity investment in Fenghuang Jingcai was nil.
In December 2014, the Company acquired ordinary shares of Particle, representing 9.08% equity interest of Particle, on an as-if converted basis with a cash consideration of US$5.0 million (RMB31.2 million) and a number of the Companys ordinary shares with fair value of US$2.8 million (RMB17.3 million). Such investment was accounted for under the equity method as of December 31, 2014. Including the Series B convertible redeemable preferred shares of Particle purchased in October 2014 and recorded in available-for-sale investments (see Note 8), the Company owned approximately 18.42% equity interest of Particle on an as-if converted basis as of December 31, 2014. In April 2015, all the ordinary shares and Class A ordinary shares the Company purchased were converted to Series C convertible redeemable preferred shares and all the investments in Particle were accounted for available-for sale investments as of December 31, 2015 (see Note 8).
After the deconsolidation of Beijing Fenghuang Tianbo Network Technology Co., Ltd. (Tianbo) in December 2014 (see Note 18), the Group hold 50% of the equity interest of Tianbo which was in the amount of RMB14.3 million as of December 31, 2014. As of December 31, 2015, the carrying value of equity investment in Tianbo was RMB9.6 million (US$1.5 million).
In January 2015, the Group acquired 5% equity interest of Beijing Phoenix Lilita Information Technology Co., Ltd. (Lilita), from a family member of the chairman of Phoenix TV, for an aggregate purchase price of RMB0.5 million (US$0.1 million). Lilita is principally engaged in P2P lending and reward-based crowd-funding businesses.
In February 2015, the Group invested approximately RMB4.5 million (US$0.7 million) in Hangzhou Qike Technology Co., Ltd., a company engaged in providing risk management and credit control based on big data analysis to all financial institution and eventually directly to customers, and hold 45% equity interest of the company.
In April 2015, the Group acquired 0.3% equity interest of Lifeix Inc. for an aggregate purchase price of US$1.0 million (RMB6.1 million). Lifeix Inc. is the operator of a life station website L99.com or Lifeix.com. In December 2015, in view of business performance and near-term business outlook that were below management previous expectation, based on the other-than-temporary impairment assessment, the Group recorded the impairment loss of US$1.0 million (RMB6.4 million) to write down the equity investment.
The Group summaries the condensed financial information of the Groups equity method investments as a group below in accordance with Rule 4-08 of Regulation S-X (The Group had no equity method investment as of December 31, 2013):
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for cost method and equity method investments included basis, impairment losses, recognized or unrecognized gains (losses). No definition available.
|
Other Non-Current Assets |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||
Other Non-Current Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
Other Non-Current Assets | 10. Other Non-Current Assets
The following is a summary of other non-current assets:
|
X | ||||||||||
- Definition Other non-current assets [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Accrued Expenses and Other Current Liabilities |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued Expenses and Other Current Liabilities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued Expenses and Other Current Liabilities | 11. Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities are comprised of:
|
X | ||||||||||
- Definition Accrued expenses and other current liabilities [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Short-term Loans |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Short-term Loans [Abstract] | |
Short-term Loans | 12. Short-term Loans
In April 2015, the Group entered into a loan facility agreement (the Facility) with an offshore branch of a bank. According to the Facility, the Group is authorized certain amounts of loans with maturity of twelve months, and the loans are required to be secured by RMB deposits in an onshore branch of the bank. The loans are repayable on demand and bear interest rate of London InterBank Offered Rate (LIBOR) plus 1.0%. As of December 31, 2015, the Group obtained short-term loans of US$20.2 million (RMB131.0 million) from the offshore branch of a bank, and the short-term loans were secured by deposits of RMB125.0 million. The pledged deposits were classified as restricted cash on the consolidated balance sheets. |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for short-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Cost of Revenues |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of Revenues [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of Revenues | 13. Cost of Revenues
The cost of revenues is as follows:
|
X | ||||||||||
- Definition Cost of revenues disclosure [Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Income Taxes |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Taxes [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Taxes | 14. Income Taxes
Income Tax Expense and Effective Tax Rate
The provisions for income tax expense are summarized as follows:
The components of income before tax and income tax expense for PRC and non-PRC operations are as follows:
Cayman Islands (Cayman)
Under the current laws of the Cayman Islands, the Company is not subject to tax on income or capital gains. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed.
British Virgin Islands (BVI)
The Group is exempted from income tax on its foreign-derived income in the BVI. There are no withholding taxes in the BVI.
Hong Kong
Entities incorporated in Hong Kong are subject to the tax rate 16.5% on the estimated assessable profit arising in Hong Kong.
PRC
Prior to January 1, 2008, companies established in China were generally subject to state and local corporate income taxes, or EIT, at statutory rates of 30% and 3%, respectively. Pursuant to the income tax laws and rules then effective, an enterprise qualified as a New Technology Enterprise was entitled to a preferential EIT rate of 15% and was further entitled to a three-year EIT exemption for the first three years from the date of incorporation, and a 50% reduction of its applicable EIT rates for the succeeding three years. In addition, an enterprise qualified as a High and New Technology Enterprise (HNTE) was entitled to a preferential EIT rate of 15%. Fenghuang On-line was qualified as a New Technology Enterprise.
On March 16, 2007, the National Peoples Congress of PRC enacted a new Corporate Income Tax Law (EIT Law), under which foreign investment enterprises (FIEs) and domestic companies would be subject to EIT at a uniform rate of 25%. There will be a five-year transition period for FIEs, during which FIEs are allowed to continue to enjoy their existing preferential tax treatments. Preferential tax treatments will continue to be granted to entities which conduct businesses in certain encouraged sectors and to entities otherwise classified as Software Enterprises and/or HNTE, irrespective of whether they are FIEs or domestic companies. The EIT Law became effective on January 1, 2008.
In addition, the EIT Law provides grandfather treatment for enterprises which were qualified as New Technology Enterprises under the previous income tax laws and were established before March 16, 2007, if they continue to meet the criteria for New Technology Enterprises after January 1, 2008. The grandfather provision allows these enterprises continue to enjoy their unexpired tax holiday provided by the previous income tax laws and rules.
Under the previous income tax laws and rules prior to January 1, 2008, Fenghuang On-line qualified as a New Technology Enterprise, could enjoy a favorable tax rate of 15% and was exempted from income tax for three years beginning with its first year of operations, and was entitled to a 50% tax reduction to 7.5% for the subsequent three years and then had an income tax rate of 15% thereafter. Fenghuang On-line continued to meet the criteria for New Technology Enterprise from 2008 to 2010, and it has also been qualified as HNTE under the EIT Law in 2008, and it can continue to enjoy its unexpired tax holidays. In 2011 and 2014, Fenghuang On-line resubmitted applications for qualification as an HNTE, which were approved in October 2011 and November 2014, respectively. Therefore, Fenghuang On-line was entitled to tax exemption from 2006 to 2008, a 50% reduction of its applicable EIT rate to 7.5% from 2009 to 2011 and was subject to a 15% income tax rate for the years 2012 to 2016.
In April 2010, the State Administration of Tax (SAT) issued Circular 157, which seeks to provide additional guidance on the interaction of certain preferential tax rates under the transitional rules of the EIT Law. Prior to Circular 157, the Group interpreted the law to mean that if an entity was in a period where it was entitled to a 50% reduction in the tax rate and was also entitled to a 15% rate of tax due to HNTE status under the EIT Law, then it was entitled to pay tax at the rate of 7.5%. Circular 157 appears to have the effect that such an entity is entitled to pay tax at either 15% or 50% of the applicable PRC tax rate. The effect of Circular 157 is retrospective and would apply to 2008 and 2009.
However, to date, the Beijing local-level tax bureau has not implemented Circular 157 and is holding the view that the relevant provisions might not apply to HNTE in Science & Technology Park of Haidian District, where Fenghuang On-line is located. Therefore Fenghuang On-line has kept its current practice unchanged. The Group expects more guidance to be issued in the future. Upon the issuance of such guidance, Fenghuang On-lines effective tax rate might increase. If Circular 157 were implemented with a retroactive effect, Fenghuang On-line would be liable to pay additional taxes for its historical earnings before the implementation of Circular 157. The Group did not recognize liability for this uncertainty as it believes the probability of a retroactive implementation is remote.
In 2008, Tianying Jiuzhou qualified as an HNTE under the EIT Law. Therefore, Tianying Jiuzhou was entitled to the preferential tax rate of 15% from 2008 to 2010. In 2011 and 2014, Tianying Jiuzhou resubmitted applications for qualification and was approved as an HNTE. Therefore, Tianying Jiuzhou was subject to a 15% EIT rate from 2011 to 2016.
Yifeng Lianhe qualified as an HNTE under the EIT Law in 2011, and therefore was subject to 15% income tax rate from 2011 to 2012. In 2013, Yifeng Lianhe was no longer qualified as an HNTE pursuant to the joint annual inspection by the Ministry of Science and Technology, the Ministry of Finance and the State Administration of Taxation, and was subject to a 25% EIT rate from 2013.
In 2012, Fenghuang Yutian qualified as a Software Enterprise. As 2013 was the first year Fenghuang Yutian generated taxable profit, it was exempted from EIT for years 2013 and 2014, and was subject to a 12.5% EIT rate from 2015 to 2017.
Tianying Chuangzhi, Fenghuang Mingdao, Fenghuang Feiyang, Fenghuang Interactive Entertainment, Fenghuang Borui, Qieyiyou, Youjiuzhou, Chenhuan, Huanyou Tianxia, Chengdu Huanyou, Yixi, Meowpaw, Fenghuang Convergence and Jinhua Huyu were subject to a 25% EIT rate for all the years presented.
The EIT Law also provides that an enterprise established under the Laws of foreign countries or regions but whose de facto management body is located in the PRC be treated as a resident enterprise for PRC tax purposes and consequently be subject to the PRC income tax at the rate of 25% for its global income. The Implementing Rules of the EIT Law merely define the location of the de facto management body as the place where the exercising, in substance, of the overall management and control of the production and business operation, personnel, accounting, properties, etc., of a non-PRC company is located. However, due to limited guidance and implementation history of the EIT Law, if PNM is treated as a resident enterprise for PRC tax purposes, the Company would be subject to PRC tax on worldwide income at a uniform tax rate of 25% retroactive to January 1, 2008.
Withholding Tax on Undistributed Dividends
EIT Law imposes a withholding tax for any dividend to be distributed by FIE to its immediate holding company outside of China, if such immediate holding company is considered a non-resident enterprise without any establishment or place within China or if the received dividends have no connection with the establishment or place of such immediate holding company within China, unless such immediate holding companys jurisdiction of incorporation has a tax treaty with China that provides for a different withholding arrangement. All FIEs are subject to the withholding tax from January 1, 2008.
The current dividend policy approved by the Companys board of directors allows the Company to distribute PRC earnings offshore only if the Company does not have to pay dividend tax. Accordingly, the Company does not intend to have its PRC subsidiaries distribute any undistributed profits of such subsidiaries to their direct overseas parent companies, but rather intends that such profits will be permanently reinvested in such subsidiaries to further expand their business in the PRC. As of December 31, 2015, the Company did not record any withholding tax on the retained earnings of its FIEs in the PRC. Aggregate undistributed earnings of the Groups entities located in the PRC that were available for distribution to the Company as of December 31, 2014 and 2015 were approximately RMB838.1 million and RMB959.7 million (US$148.2 million), respectively. The amounts of the unrecognized deferred tax liability on the permanently reinvested earnings were RMB83.8 million and RMB96.0 million (US$14.8 million) as of December 31, 2014 and 2015, respectively.
Reconciliation of the Differences between Statutory Tax Rate and the Effective Tax Rate
Reconciliation of the differences between PRC statutory income tax rate and the Groups effective income tax rate for PRC operations for the years ended December 31, 2013, 2014 and 2015 is as follows:
The combined effects of the income tax expense exemption and reduction available to the Group are as follows:
Deferred Tax Assets and Liabilities
The tax effects of temporary differences that give rise to the deferred tax assets and liabilities balances at December 31, 2014 and 2015 are as follows:
As of December 31, 2015, the Group had net operating loss carryforward of approximately RMB18.7 million (US$2.9 million), which can be carried forward to offset future taxable income. Net operating loss carryforward of nil, RMB3.6 million, RMB1.4 million, RMB5.2 million and RMB8.5 million will expire in 2016, 2017, 2018, 2019 and 2020, respectively, if not utilized.
Movement of Valuation Allowance
Valuation allowance is provided against deferred tax assets when the Group determines that it is more likely than not that the deferred tax assets will not be utilized in the future. In making such determination, the Group considered factors including future reversals of existing taxable temporary differences, future profitability, and tax planning strategies. Valuation allowance was provided for net operating loss carryforward because it was more likely than not that such deferred tax assets will not be realized based on the Groups estimate of its future taxable income.
The following table sets forth the movement of the valuation allowance for deferred tax assets:
Uncertain Tax Positions
A reconciliation of the beginning and ending amount of liabilities associated with uncertain tax benefits is as follows:
The Group did not accrue any potential penalties and interest related to these unrecognized tax benefits for all years presented on the basis that the likelihood of penalties and interest being charged is not considered to be high.
The amounts of unrecognized tax benefits listed above are based on the recognition and measurement criteria of ASC 740. However, due to the uncertain and complex application of tax regulations, it is possible that the ultimate resolution of uncertain tax positions may result in liabilities which could be materially different from these estimates. In such an event, the Group will record additional tax expense or tax benefit in the period in which such resolution occurs. The Group does not expect changes in unrecognized tax benefits recognized as of December 31, 2015 to be material in the next twelve months. In accordance with PRC Tax Administration Law on the Levying and Collection of Taxes, the PRC tax authorities generally have up to five years to claw back underpaid tax plus penalties and interest for PRC entities tax filings. In the case of tax evasion, which is not clearly defined in the law, there is no limitation on the tax years open for investigation. Accordingly, the PRC entities tax years from 2011 to 2015 remain subject to examination by tax authorities. There are no ongoing examinations by tax authorities as of December 31, 2015.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Ordinary Shares |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Ordinary Shares [Abstract] | |
Ordinary Shares | 15. Ordinary Shares
The Company was incorporated in the Cayman Islands on November 22, 2007 by the Parent. Upon its incorporation, 1 ordinary share was issued at a par value of US$0.01 per share. In May 2008, the Company issued 319,999,999 ordinary shares to the Parent and became the holding company of the Group. All share and per share data have been revised to reflect the retroactive effect of the share issuance in May 2008.
The Company completed the initial public offering (IPO) on May 17, 2011 and the underwriters subsequently exercised their over-allotment option on June 8, 2011. A total of 13,415,125 ADSs were issued and sold in these transactions, each ADS represents eight Class A ordinary shares. Immediately following the closing of the IPO, the Memorandum and Articles of Association were amended and restated such that the authorized share capital consisted of 1,000,000,000 ordinary shares at a par value of US$0.01 per share, of which 680,000,000 shares were designated as Class A ordinary shares, 320,000,000 as Class B ordinary shares. The impact of dividing of Class A and Class B ordinary shares has been retroactively reflected in the Companys capital structure in the financial statements. Upon the completion of the Companys IPO, all 130,000,000 Series A Preferred Shares were automatically converted to Class A ordinary shares, and the preferred share shareholders sold 1,267,500 ADSs. In addition, Phoenix TV, through the Parent converted 2,674,640 Class B ordinary shares into Class A ordinary shares, and distributed the Class A ordinary shares to its shareholders in an assured entitlement distribution.
Holders of Class A ordinary shares and Class B ordinary shares have the same rights except that holders of Class A ordinary shares are entitled to one vote per share, while holders of Class B ordinary shares are entitled to 1.3 votes per share. The Parent, which is wholly owned by Phoenix TV, holds Class B ordinary shares, each of which is convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
As of December 31, 2014, there were 260,204,642 and 317,325,360 Class A and Class B ordinary shares issued and outstanding, respectively.
As of December 31, 2015, there were 253,250,854 and 317,325,360 Class A and Class B ordinary shares issued and outstanding, respectively. The Class A ordinary shares issued and outstanding decreased for the years ended December 31, 2014 and 2015 mainly due to the share repurchase program. Refer to Note 21 for details.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Share-based Compensation |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation | 16. Share-based Compensation
Share-based compensation was recognized in costs and expenses for the years ended December 31, 2013, 2014 and 2015 as follows:
The Company recognized share-based compensation, net of estimated forfeitures, on a graded-vesting basis over the vesting term of the awards. As of December 31, 2015, the Company increased the forfeiture rate of share-based awards base on the management estimation. Due to the effects of changes to the forfeiture rate, the decreased share-based compensation for the year ended December 31, 2015 was RMB18.0 million. Furthermore, it would cause a decrease in share-based compensation in amount of RMB5.1 million, RMB2.4 million and RMB0.6 million for the years ended December 31, 2016, 2017 and 2018, respectively. There was no income tax benefit recognized in the consolidated statements of comprehensive income for share-based compensation and the Company did not capitalize any of the share-based compensation as part of the cost of any asset in the years ended December 31, 2013, 2014 and 2015.
Share Options
In June 2008, the Company adopted the Share Option Scheme (the June 2008 Scheme) that provides for the granting of options to key employees to acquire ordinary shares of the Company. The June 2008 Scheme permits the grant of options to its eligible recipients for up to 10% of the ordinary shares in issue (the Limit) on the effective date of the June 2008 Scheme. The total number of ordinary shares which may be issued upon exercise of all outstanding options granted and yet to be exercised under the June 2008 Scheme and any other share option schemes of the Company shall not exceed 30% of the ordinary shares in issue from time to time. The Company may seek approval from its shareholders to refresh the Limit provided that the Limit as refreshed shall not exceed 10% of the ordinary shares of the Company in issue as at the date of approval, and options previously granted will not be counted for the purpose of calculating the Limit as refreshed. Any outstanding option lapse in accordance with the terms of the June 2008 Scheme will not be counted for the purpose of calculating the Limit. In August 2012, the Companys shareholders approved to refresh the Limit, permitting the Company to grant no more than 31,410,107 additional options under the June 2008 Scheme.
The June 2008 Scheme will terminate automatically 10 years after its adoption, unless terminated earlier at the Companys shareholders approval. Option awards are granted with an exercise price determined by the board of directors. Those option awards vest over a period of four years and expire in ten years.
A summary of the Companys share option activities for the years ended December 31, 2013, 2014 and 2015 is presented below:
The aggregate intrinsic value of options outstanding, exercisable and vested and expected to vest as of December 31, 2015 was calculated as the difference between the Companys closing stock price of US$6.02 per ADS, or US$0.75 per share as of that date, and the exercise price of the underlying options. The aggregate intrinsic value of options exercised was calculated as the difference between the market value on the date of exercise and the exercise price of the underlying options.
As disclosed in Note 2(t), the Companys share-based compensation is measured at the value of the award as calculated under the Black-Scholes option pricing model. The Company estimated the expected volatility at the date of grant based on average annualized standard deviation of the share price of comparable listed companies. The Company has no history or expectation of paying dividends on its ordinary shares. The Company estimated the expected term based on the vesting schedule and the exercise period of the options. Risk-free interest rates are based on the derived market yield of the US$ denominated Chinese government bonds for the term approximating the expected life of award at the time of grant. The assumptions used in determining the fair value of options granted during the year ended December 31, 2013, 2014 and 2015 are as follows:
The weighted-average grant date fair value of options granted for the years ended December 31, 2014 and 2015 were US$0.67, and US$0.46, respectively.
During 2009, 2010 and 2011, some employees voluntarily left the Company and exercised their vested share options in exchange for future entitlement of the Companys shares issuable after completion of the Companys IPO and upon the request of the former employees. The proceeds from the exercise of these options could not be refunded to the former employees in any event, even if the Company did not complete an IPO. Accordingly, these share options are considered to be exercised and the proceeds have been included in the additional paid-in capital of the Company. The proceeds received from exercise of these options amounted to RMB1.5 million (US$0.2 million) as of December 31, 2015. The Company completed its IPO on May 17, 2011 and 4,934,565 shares have been issued to the former employees after that. There were 1,799,001 and 1,777,826 contingently issuable shares to be issued upon the former employees request as of December 31, 2014 and 2015, respectively.
For the years ended December 31, 2013, 2014 and 2015, the Company has recognized share-based compensation for options of RMB16.8 million, RMB53.0 million and RMB34.4 million (US$5.3 million), respectively.
As of December 31, 2015, there was RMB36.3 million (US$5.6 million) of unrecognized share-based compensation for options, adjusted for estimated forfeitures. The unrecognized share-based compensation is expected to be recognized over a weighted-average period of 2.3 years.
Restricted Share Units
In March 2011, the Company adopted the 2011 restricted share and restricted share unit scheme. On March 17, 2011, the Company granted 10,050,958 restricted share units to the employees. Those restricted share units vest over a period of four years.
A summary of restricted share units activity for the years ended December 31, 2013, 2014 and 2015 is presented below:
For the years ended December 31, 2013, 2014 and 2015, total share-based compensation recognized for restricted share units were RMB1.3 million, RMB0.3 million and RMB1.0 thousand (US$0.2 thousand), respectively.
As of December 31, 2015, there was no unrecognized share-based compensation related to unvested restricted share units. The total fair value based on the respective vesting dates of the restricted share units vested were US$1.2 million, US$0.4 million and US$0.03 million during the years ended December 31, 2013, 2014 and 2015, respectively.
Restricted Shares
On March 15, 2011, the Company cancelled 18,778,200 stock options granted historically, and granted 19,008,200 restricted shares to 22 employees on March 17, 2011. Those restricted shares vest over a period of four years. The incremental share-based compensation is US$0.5 million. Total amount of unrecognized share-based compensation of unvested option and incremental share-based compensation is US$2.2 million, including US$0.2 million was recognized immediately, and US$2.0 million was recognized during the rest of vesting period of restricted share.
A summary of restricted share activity for the years ended December 31, 2013, 2014 and 2015 is presented below:
For the years ended December 31, 2013, 2014 and 2015, total share-based compensation recognized for restricted shares were negative RMB1.3 million, negative RMB0.1 million and nil, respectively.
As of December 31, 2015, there was no unrecognized share-based compensation related to unvested restricted shares. The total fair value based on the respective vesting dates of the restricted shares vested were US$3.1 million, US$0.7 million and nil during the years ended December 31, 2013, 2014 and 2015, respectively.
The fair value of the restricted shares and restricted share units on March 17, 2011 was US$1.07 and the fair value of the underlying ordinary shares was US$1.14.
|
X | ||||||||||
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Segments |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segments | 17. Segments
The Group currently operates in two principal operating segments: net advertising services and paid services. Information provided to the CODM is at the gross margin level. The Group currently does not allocate operating expenses or assets to its segments, as its CODM does not use such information to allocate resources to or evaluate the performance of the operating segments.
The following table presents summary information by segments:
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Deconsolidation |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Deconsolidation [Abstract] | |
Deconsolidation | 18. Deconsolidation
Tianbo previously was a 51% equity-owned consolidated subsidiary of the Group with the board resolution requiring more than 50% board members to approve. In December 2014, the Group sold 1% equity interest of Tianbo to the minority shareholder of Tianbo. After the disposition, although the Group still has the majority of board seats, all the resolutions must be unanimously approved by all of the board members. Therefore, the Group lost control of Tianbo because of such substantive participating rights that have been provided to minority shareholders. As the Group has significant influence over financial and operating decision-making after deconsolidation, the Group accounts for the retained 50% equity interests by using the equity method of accounting. The retained investment was remeasured at fair value of RMB13.1 million on the date the Group lost control of Tianbo. The gain on deconsolidation of RMB6.2 million was calculated as the difference between: a) the aggregate of (1) the cash consideration of RMB0.2 million, (2) the fair value of the retained 50% equity interest of RMB13.1 million, (3) the carrying amount of noncontrolling interest in the former subsidiary of RMB2.9 million, and b) the carrying amount of Tianbos net assets of RMB10.0 million. The fair value of the retained investment was estimated by management after considering an independent appraisal performed by a reputable appraisal firm.
|
X | ||||||||||
- Definition Deconsolidation [Abstract] No definition available.
|
X | ||||||||||
- Definition The entire disclosure for the Company's deconsolidation of Beijing Fenghuang Tianbo Network Technology Co., Ltd. ("Tianbo"). No definition available.
|
Fair Value Measurements |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements | 19. Fair Value Measurements
Effective January 1, 2008, the Group adopted ASC 820-10, Fair Value Measurements and Disclosures, which defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. Although adoption did not impact the Groups consolidated financial statements, ASC 820-10 requires additional disclosures to be provided on fair value measurements.
ASC 820-10 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
Level 1Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets
Level 2 Include other inputs that are directly or indirectly observable in the marketplace
Level 3Unobservable inputs which are supported by little or no market activity
ASC 820-10 describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. When available, the Group uses quoted market prices to determine the fair value of an asset or liability. If quoted market prices are not available, the Group will measure fair value using valuation techniques that use, when possible, current market-based or independently sourced market parameters, such as interest rates and currency rates. The Group measured and reported on its consolidated balance sheets at fair value on a recurring basis.
The following table sets forth the financial instruments, measured at fair value, by level within the fair value hierarchy:
The following table sets forth the reconciliation of the fair value measurements using significant unobservable inputs (level 3) from January 1, 2014 to December 31, 2015:
Restricted cash The Groups restricted cash represents guarantee of banking facility which are restricted to withdrawal or usage. The fair values of restricted cash are determined based on the pervasive interest rate in the market. The Group classifies the valuation techniques that use the pervasive interest rates input as Level 1 of fair value measurement.
Term deposits The fair values of term deposits placed with banks with original maturities of more than three months and up to one year are determined based on the interest rates as stated in the contracts with the banks. The Group classifies the valuation techniques that use the interest rates input as Level 2 of fair value measurement.
Short term investments Short term investments represent interest-bearing deposit placed with financial institutions which are restricted to withdrawal and use. The investments are issued by commercial bank in China with a variable interest rate indexed to performance of underlying assets. To estimate fair value, the Group refers to the quoted rate of return provided by banks at the end of each period using the discounted cash flow method. The Group classifies the valuation techniques that use these inputs as Level 2 of fair value measurements.
Available-for-sale investments Available-for-sale investment represents the acquisitions of redeemable preferred shares in equity investment. In accordance with ASC 820, the Group measures available-for-sale investments at fair value on a recurring basis. The fair values of the Groups available-for-sale investments are determined based on the discounted cash flow model using the discount curve of market interest rates. The Group classifies the valuation techniques that use these inputs as Level 3 of fair value measurements.
The key inputs used in available-for-sale investments valuation as of December 31, 2014 and 2015 were as follow:
Short-term loans The carrying value of the short-term loans approximates its fair value due to its short term nature. The rate of interest under the loan agreement with the lending bank was determined based on the prevailing interest rates in the market. The Group estimated the fair value of the short-term loans using the discounted cash flow methodology. The Group classifies the valuation techniques that use these inputs as Level 2 of fair value measurements.
The following are other financial instruments not measured at fair value in the balance sheets but for which the fair value is estimated for disclosure purposes.
Short-term receivables and payables Accounts receivable, prepayment and other current assets, and amounts due from related parties are financial assets with carrying values that approximate fair value due to their short term nature. Accounts payable, amounts due to related parties, advances from customers, salary and welfare payable, and accrued expenses and other current liabilities are financial liabilities with carrying values that approximate fair value due to their short term nature. For other short-term receivables and payables, the Group estimated fair values of short-term receivables and payables using the discounted cash flow method. The Group classifies the valuation technique as Level 3 of fair value measurement, as it uses estimated cash flow input which is unobservable in the market.
Other non-current assets Other non-current assets are financial assets with carrying values that approximate fair value due to the change in fair value after considering the discount rate, being immaterial. The Group estimated fair values of other non-current assets using the discounted cash flow method. The Group classifies the valuation technique as Level 3 of fair value measurement, as it uses estimated cash flow input which is unobservable in the market.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Net Income per Share |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Income per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Income per Share | 20. Net Income per Share
The following table sets forth the computation of basic and diluted net income per share for the years indicated:
The Company has included 2,997,099, 2,094,730 and 2,189,299 contingently issuable shares in the denominator used in computing basic and diluted net income per share for the years ended December 31, 2013, 2014 and 2015, respectively. These shares are contingently issuable upon the holders request without other substantive conditions and for no further consideration. There were 7,371,269, 27,823,275 and 29,572,888 options to purchase ordinary shares have been excluded from the computation of diluted net income per share for the years ended December 31, 2013, 2014 and 2015, respectively, as their effects would be anti-dilutive.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Treasury Stock |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Treasury Stock [Abstract] | |
Treasury Stock | 21. Treasury Stock
On July 30, 2012, the Companys board of directors approved a share repurchase program. Under the terms of the approved program (Share Repurchase Program), the Company may repurchase and cancel up to US$20.0 million worth of its outstanding ADSs from time to time for a period not to exceed twelve months.
During the years ended December 31, 2012 and 2013, the Company had repurchased 2,273,695 and 2,524,574 ADSs, respectively, on the open market for considerations of US$8.3 million (RMB52.5 million) and US$11.7 million (RMB72.6 million), respectively. As of December 31, 2013, the Company had repurchased a total of 4,798,269 ADSs for a total consideration of US$20.0 million (RMB125.1 million). In 2013, all treasury stocks repurchased had been cancelled for an aggregate consideration of US$20.2 million (RMB126.6 million) including cancellation fees of US$0.2 million (RMB1.5 million).
In May 2014, the Companys board of directors approved a new share repurchase program (New Share Repurchases Program), the Company has been authorized to repurchase up to US$50.0 million worth of its outstanding ADSs for a period not to exceed twelve months.
During the years ended December 31, 2014 and 2015, the Company had repurchased 4,021,073 and 1,347,071 ADSs, respectively, on the open market for considerations of US$39.2 million (RMB241.3 million) and US$10.8 million (RMB65.9 million), respectively. As of December 31, 2015, the Company completed the New Share Repurchases Program for a total of 5,368,144 ADSs repurchased. All treasury stocks repurchased had been cancelled for an aggregate consideration of US$50.3 million (RMB308.9 million) including cancellation fees of US$0.3 million (RMB1.7 million).
|
X | ||||||||||
- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. No definition available.
|
X | ||||||||||
- References No definition available.
|
Commitments and Contingencies |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies | 22. Commitments and Contingencies
(a) Commitments
As of December 31, 2015, future minimum commitments under non-cancelable agreements were as follows:
* The Group and Phoenix TV Group have been involved in various cooperation arrangements, including content sharing, branding and co-promotion, technical support and corporate management (see Note 2(a)). There was no payment for these arrangements until November 2009 when a cooperation agreement was signed between Phoenix TV and the Group to stipulate the cost and expenses charged to the Group for the year 2010 and going forward. Based on the agreement, the Group will pay Phoenix TV 50% of revenue generated from certain contents provided by Phoenix TV Group, plus a fixed amount of payment to cover other services provided by Phoenix TV Group. The fixed amount was RMB1.6 million for the first year of the agreement, and increases by 25% annually. On March 28, 2011, Phoenix TV and the Group amended their cooperation agreement to extend the expiration of cooperation period from November 2014 to March 2016. The consideration arrangements for the cooperation remained unchanged. This fixed amount has been included in above table as a commitment to Phoenix TV Group.
The rental expenses were approximately RMB37.8 million, RMB39.8 million and RMB41.1 million (US$6.3 million) during the years ended December 31, 2013, 2014 and 2015, respectively, and were charged to the consolidated statements of comprehensive income when incurred.
The Group did not have any significant capital and other commitments, long-term obligations, or guarantees as of December 31, 2014 and 2015.
(b) Litigation
From time to time, the Group is involved in claims and legal proceedings that arise in the ordinary course of business. The Group is not currently a party to any legal proceedings, investigations or claim which in the opinion of its management is reasonably possible to have a material adverse effect, individually or in the aggregate, on the Groups financial position, results of operations or cash flows. However, litigation is subject to inherent uncertainties and the Groups view of these matters may change in the future. There exists the possibility of a material adverse impact on the Groups financial position, results of operations or cash flows for the period in which the unfavorable outcome occurs, and potentially in future periods.
(c) Long-term Liabilities for Uncertain Tax Positions
As mentioned in Note 14, as of December 31, 2014 and 2015, the Group had recorded uncertain tax positions of RMB16.9 million and RMB18.4 million (US$2.8 million), respectively.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Related Party Transactions |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions | 23. Related Party Transactions
The table below sets forth the major related parties and their relationships with the Group:
During the years ended December 31, 2013, 2014 and 2015, significant related party transactions were as follows:
Transactions with the Non US Listed Part of Phoenix TV Group:
Transactions with CMCC:
Transactions with Investees:
As of December 31, 2014 and 2015, the amounts due from and due to related parties were as follows:
The amounts due from or amounts due to Phoenix TV Group were net amounts of other operating funds provided by Phoenix TV, expenses paid by Phoenix TV Group on behalf of the Group, expenses charged by Phoenix TV Group under the cooperation agreement (see Note 22(a)), accounts receivable from Phoenix TV Group for the advertising services provided to its customers.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Restricted Net Assets |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Restricted Net Assets [Abstract] | |
Restricted Net Assets | 24. Restricted Net Assets
Relevant PRC laws and regulations permit payments of dividends by the Companys subsidiaries, the VIEs and the subsidiaries of the VIEs incorporated in the PRC only out of their retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. In addition, the Companys subsidiaries, the VIEs and the subsidiaries of the VIEs incorporated in the PRC are required to annually appropriate 10% of their net after-tax income to the general reserve fund or the statutory surplus fund prior to payment of any dividends, unless such reserve funds have reached 50% of their respective registered capital. As a result of these and other restrictions under PRC laws and regulations, and in accordance with Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), General Notes to Financial Statements, the Companys subsidiaries, the VIEs and the subsidiaries of the VIEs incorporated in the PRC are restricted in their ability to transfer a portion of their net assets to the Company either in the form of dividends, loans or advances, which the restricted portion amounted to approximately RMB365.6 million and RMB549.9 million (US$84.9 million) as of December 31, 2014 and 2015, respectively. Even though the Company currently does not require any such dividends, loans or advances from the PRC entities for working capital and other funding purposes, the Company may in the future require additional cash resources from them due to changes in business conditions, to fund future acquisitions and development, or merely to declare and pay dividends or distributions to the companys shareholders. Except for the above, there is no other restriction on use of proceeds generated by the Companys subsidiaries, the VIEs and the subsidiaries of the VIEs to satisfy any obligations of the Company.
The Company performed a test on the restricted net assets of the Companys subsidiaries, the VIEs and the subsidiaries of the VIEs (the restricted net assets) in accordance with Securities and Exchange Commission Regulation S-X Rule 4-08 (e) (3), General Notes to Financial Statements and concluded that it was applicable for the Company to disclose the condensed financial information for the parent company for the year ended December 31, 2015. For the purposes of presenting parent company only financial information, the Company records its investments in its subsidiaries and VIEs under the equity method of accounting. Such investments are presented on the separate condensed balance sheets of the Company as Investments in subsidiaries and VIEs and Share of profit of subsidiaries and VIEs in the condensed statements of comprehensive income. See Note 26 for this parent-company information.
|
X | ||||||||||
- Definition Restricted net assets [Abstract] No definition available.
|
X | ||||||||||
- Definition The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. No definition available.
|
Subsequent Events |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Subsequent Events [Abstract] | |
Subsequent Events | 25. Subsequent Events
Subsequent events were evaluated through the date the financial statements were issued.
Loans Provided to Particle
On January 28, 2016, the Companys board of directors authorized to grant short-term unsecured loans to Particle in an aggregate principal amount of up to US$20 million at an interest rate of 4.35% per annum and with a term of twelve months. The Company has granted all of US$20 million loans to Particle as of the date of this annual report. Particle is required to use the proceeds of the loans for its ordinary course working capital requirements.
Short-term Loans
In April 2016, the Group entered into a new loan facility agreement. According to the new facility, the term of the short-term loans of US$20.2 million borrowed in April 2015 was extended for twelve months from the date of its maturity. Concurrent with the extension, the Group obtained additional US$10.0 million short-term loans with maturity of twelve months. As of the date of this annual report, the Groups short-term loans were US$30.2 million.
Short-term Extension of Cooperation Agreements with Phoenix TV
In November 2009, Fenghuang On-line entered into a cooperation agreement with Phoenix TV (see Note 2(a)), pursuant to the cooperation agreement, Tianying Jiuzhou and Yifeng Lianhe entered into a program content license agreement and a trademark license agreement with Phoenix TVs subsidiaries, respectively. Considering the significant growth and changes in the Groups business since execution of these agreements in 2009, the Company and Phoenix TV are working on a new set of agreements to amend and replace the existing agreements and provide the terms of future cooperation. While each of the existing agreements would have expired in March 2016, the Company and Phoenix TV agreed to extend the expiration date of these agreements to May 27, 2016 for more time to finalize the terms of the new agreements.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
|
Additional Information-Condensed Financial Statements |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Information-Condensed Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Information-Condensed Financial Statements | 26. Additional Information-Condensed Financial Statements
The condensed financial statements of Phoenix New Media Limited have been prepared in accordance with SEC Regulation S-X Rule 5-04 and Rule 12-04.
The Company records its investments in subsidiaries under the equity method of accounting. Such investments are presented on the balance sheets as investments in subsidiaries and VIEs and the profit of subsidiaries is presented as share of profit of subsidiaries and VIEs in the statement of comprehensive income.
For the VIEs, where the Company is the primary beneficiary, the amount of the Companys investment is included in the balance sheet as Interests in subsidiaries and VIEs and the profit or loss of the VIEs is included in Share of profit of subsidiaries and VIEs in the statements of comprehensive income.
As of December 31, 2014 and 2015, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except for those, if any, which have been separately disclosed in the consolidated financial statements.
Phoenix New Media Limited Condensed Financial Information of Parent Company Balance Sheets (Amounts in thousands, except for number of shares and per share data)
Phoenix New Media Limited Condensed Financial Information of Parent Company Statements of Comprehensive Income (Amounts in thousands)
Phoenix New Media Limited Condensed Financial Information of Parent Company Statements of Cash Flows (Amounts in thousands)
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Principal Accounting Policies (Policies) |
12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||
Principal Accounting Policies [Abstract] | |||||||||||||
Basis of presentation, principles of consolidation, recognition of noncontrolling interests and cost allocations | (a) Basis of presentation, principles of consolidation, recognition of noncontrolling interests and cost allocations
The consolidated financial statements include the financial statements of the Company, its subsidiaries, its VIEs and the subsidiaries of the VIEs. The consolidated financial statements have been prepared in accordance with U.S. GAAP and on a going concern basis. All significant transactions and balances among the Company, its subsidiaries, its VIEs and the subsidiaries of the VIEs have been eliminated upon consolidation. The Company consolidates the VIEs as required by Accounting Standards Codification (ASC) 810 Consolidation, because Fenghuang On-line and Qieyiyou hold all the variable interests of the VIEs and has been determined to be the primary beneficiary of the VIEs (see Note1).
The Group and Phoenix TV Group have engaged in various mutual cooperation activities in content, branding and promotions, technical support and corporate management. There was no payment for these arrangements until November 2009, when the Group entered into a cooperation agreement with Phoenix TV which stipulates the costs and expenses charged to the Group related to content and other services provided by Phoenix TV Group (see Note 22(a)). The agreement was effective as of January 1, 2010. Accordingly, the related costs and expenses were recorded by the Group based on the cooperation agreement for the years ended December 31, 2013, 2014 and 2015.
Apart from the above cooperation agreement, Phoenix TV Group also paid certain expenses on behalf of the Group, such as data line usage and other general and administrative expenses, which the Group needed to settle with Phoenix TV Group based on the actual amount, and were recorded in the consolidated statements of comprehensive income.
|
||||||||||||
Use of estimates | (b) Use of estimates
The preparation of the Groups consolidated financial statements in conformity with the U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from such estimates. These estimates and assumptions include, but are not limited to, the accounting for advertising and paid service revenues, the determination of estimated selling prices of multiple elements revenues contract, accounting for income taxes and uncertain tax positions, allowance for doubtful accounts, share-based compensation, consolidation, foreign currency translation, determination of the estimated useful lives of property and equipment and intangible assets, assessment of impairment of long-lived assets and equity investment, determination of the fair value of financial instruments, and determination of the fair value of retained equity interest in deconsolidation.
|
||||||||||||
Foreign currency translation | (c) Foreign currency translation
The Group uses Renminbi (RMB) as its reporting currency. The Companys operations in China and in international regions use their respective currencies as their functional currencies. In the consolidated financial statements, the financial information of the Company and its subsidiaries, which use US$ or HK$ as their functional currency, have been translated into RMB at the exchange rates quoted by the Peoples Bank of China (the PBOC). Assets and liabilities are translated at the exchange rates on the balance sheet date, equity amounts are translated at historical exchange rates, and revenues, expenses, gains, and losses are translated using the average rate for the period. Translation adjustments arising from these are reported as foreign currency translation adjustments and have been shown as a component of other comprehensive loss or income in the consolidated statements of shareholders equity and the consolidated statements of comprehensive income.
|
||||||||||||
Convenience translation | (d) Convenience translation
Translations of amounts from RMB into US$ for the convenience of the reader were calculated at the noon buying rate of US$1.00 = RMB6.4778 on December 31, 2015 as set forth in the H.10 statistical release of the U.S. Federal Reserve Board. No representation is made that the RMB amounts could have been, or could be, converted into US$ at such rate.
|
||||||||||||
Fair value of financial instruments | (e) Fair value of financial instruments
The Groups financial instruments include cash equivalents, term deposits, short term investments, restricted cash, accounts receivable, amounts due from related parties, prepayments and other current assets, available-for-sale investments, accounts payable, amounts due to related parties, advances from customers, salary and welfare payable, accrued expense, short-term loans and other current liabilities and other non-current assets. Refer to Note 19 for details.
|
||||||||||||
Cash and cash equivalents | (f) Cash and cash equivalents
Cash and cash equivalents represent cash on hand, demand deposits, time deposits and highly liquid investments placed with banks or other financial institutions, which are unrestricted to withdrawal or use, and which have original maturities of three months or less.
|
||||||||||||
Term deposits, short term investments | (g) Term deposits, short term investments
Term deposits represent term deposits placed with banks with original maturities of more than three months and up to one year.
Short term investments represent interest-bearing deposits placed with financial institutions which are restricted to withdrawal and use. The investments are issued by commercial bank in China with a variable interest rate indexed to performance of underlying assets. All investments are expected to be realized in cash during the next 12 months.
|
||||||||||||
Restricted cash | (h) Restricted cash
Restricted cash represents deposits placed as guarantee of banking facility which are restricted to withdrawal or usage.
|
||||||||||||
Accounts receivable, net | (i) Accounts receivable, net
The carrying value of accounts receivable is reduced by an allowance that reflects the Groups best estimate of the amounts that will not be collected. Many factors are considered in estimating the general allowance, including but not limited to reviewing accounts receivable balances, historical bad debt rates, aging analysis, customer credit worthiness and industry trend analysis. The Group also makes the specific allowance if there is evidence showing that the receivable is unlikely to be collected. Accounts receivable balances are written off against the allowance when they are determined to be uncollectible. Refer to Note 4 for details.
|
||||||||||||
Property and equipment, net | (j) Property and equipment, net
Property and equipment are stated at cost less accumulated depreciation and impairment. Property and equipment are depreciated over the following estimated useful lives on a straight-line basis:
In accordance with the provision of ASC250, the Group reviews the estimated useful lives of its property and equipment on an ongoing basis. This review indicated that the actual lives of computers were lower than the estimated useful lives used for depreciation purpose. As a result, on June 1, 2015, the Group changed the estimated useful lives of its computers, from 5 years to 3 years, to better reflect the recent estimation. The additional depreciation expenses for the year ended December 31, 2015 was RMB2.4 million. Furthermore, it would cause a decrease in depreciation expenses in amount of RMB0.1 million, RMB0.6 million and RMB0.9 million for the years ended December 31, 2016, 2017 and 2018, respectively.
Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of property and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the consolidated statements of comprehensive income.
|
||||||||||||
Intangible assets, net | (k) Intangible assets, net
Intangible assets mainly consist of computer software purchased from unrelated third parties, operating rights for licensed games and an Internet domain name. Intangible assets are stated at cost less impairment and accumulated amortization, which is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are 5 years for computer software, 10 years for the Internet domain name, and the estimated life cycle for licensed games.
|
||||||||||||
Available-for-sale investments | (l) Available-for-sale investments
In accordance with ASC topic 320 Investments-Debt and Equity Securities. the Group classifies the investments in debt and equity securities as held-to-maturity, trading or available-for-sale, The securities that the Group has positive intent and ability to hold to maturity are classified as held-to-maturity securities. The securities that are bought and held principally for the purpose of selling them in the near term are classified as trading securities. Investments not classified as trading or as held-to-maturity are classified as available-for-sale investments. Available-for-sale investments are reported at fair value, which is estimated by management after considering an independent appraisal performed by a reputable appraisal firm, with unrealized gains and losses, if any, recorded in the accumulated other comprehensive loss or income in shareholders equity. Realized gains and losses are reflected in earnings during the year in which the gains and losses are realized. An impairment loss on the available-for-sale investments would be recognized in the consolidated statements of comprehensive income when the decline in value is determined to be other-than-temporary. Investments with maturities of greater than 12 months are recorded in non-current assets.
|
||||||||||||
Equity investments | (m) Equity investments
Investments in entities in which the Group can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting in accordance with ASC topic 323 Investments-Equity Method and Joint Ventures. The Group adjusts the carrying amount of equity method investment for its share of the earnings or losses of the investee and reports the recognized earnings or losses in the consolidated statements of comprehensive income. The Groups share of the earnings or losses of an investee are based on the shares of common stock and in-substance common stock held by the Group. Investments in entities in which the Group does not have significant influence and which does not have readily determinable fair value are accounted for using the cost method of accounting in accordance with ASC subtopic 325-20 Investment-Other Cost Method Investment. An impairment loss on the is recognized in the consolidated statements of comprehensive income when the decline in value is determined to be other-than-temporary.
|
||||||||||||
Impairment of long-lived assets | (n) Impairment of long-lived assets
Long-lived assets such as property and equipment and intangible assets are reviewed for impairment whenever events or changes in the circumstances indicate that the carrying value of an asset may not be recoverable. When these events occur, the Group assesses the recoverability of the long-lived assets by comparing the carrying amount to the estimated future undiscounted cash flows associated from the use of the asset and its eventual disposition, and recognize an impairment of long-lived assets when the carrying value of such assets exceeds the estimated future undiscounted cash flows such assets is expected to generate. If the Group identifies an impairment, the Group reduces the carrying amount of the assets group to its estimated fair value based on a discounted cash flow approach or, when available and appropriate, to comparable market values.
|
||||||||||||
Revenue recognition | (o) Revenue recognition
Revenue is recognized when persuasive evidence of an arrangement exists, the price is fixed or determinable, service is performed and the collectability of the related fee is reasonably assured. In October 2009, the Financial Accounting Standards Board (the FASB) issued Accounting Standards Update (ASU) 2009-13, Multiple Deliverable Revenue Arrangements, to address the accounting for multiple-deliverable arrangements. The Group has applied ASU 2009-13 to all revenue arrangements for all years presented of the financial statements.
(i) Net advertising revenues
Advertising revenues are derived principally from advertising arrangements where the advertisers pay to place their advertisements on the Groups website in different formats over a particular period of time. Such formats generally include but are not limited to banners, text-links, videos, logos, buttons and rich media. Advertisements on the Groups website are generally charged on the basis of duration, and advertising contractual arrangements are entered to establish the fixed price and the advertising services to be provided. Where collectability is reasonably assured, advertising revenues from advertising contractual arrangements are recognized ratably over the contract period of display.
The majority of the Groups advertising revenue arrangements involve multiple element deliverables, including placements of different advertisement formats on the Groups website over different periods of time. The Group breaks down the multiple element arrangements into single units of accounting when possible, and allocates total consideration to each single unit of accounting using the relative selling price method. For most deliverables in its multiple element arrangements, the Group use managements best estimate of the selling price in the allocation as the vendor-specific objective evidence or third-party evidence of selling price is not available for those deliverables. The best estimate of the selling price is determined based on the publicly published advertising rate card, times the relevant discount rates, which are taking into considerations of the historical trend, the pricing of advertising areas sold with similar popularities, advertisements with similar formats and quoted prices from competitors, and other relevant market conditions. The Group recognizes revenue on the elements delivered and defers the recognition of revenue for the estimated value of the undelivered elements until the remaining obligations have been satisfied. Where all of the elements within an arrangement are delivered uniformly over the agreement period, the revenues are recognized on a straight-line basis over the contract period.
Agency service fees to third-party advertising agencies
The Group provides cash incentives in the form of agency service fees to certain third-party advertising agencies based on sales performance, and accounts for such incentives as a reduction of revenue in accordance with ASC 605-50-25, Customer Payments and Incentives: Recognition. The Group has estimated and recorded RMB135.9 million, RMB176.8 million and RMB161.6 million (US$24.9 million) in agency service fees to third-party advertising agencies for the years ended December 31, 2013, 2014 and 2015, respectively.
Barter transactions
The Group enters into barter transactions involving advertising services and follows ASC 605-20, Revenue Recognition: Services. Such barter transactions should be recorded at fair value only if such value of the advertising surrendered in the transaction is determinable within reasonable limits. The Group did not recognize revenue and expenses for advertising-for-advertising barter transactions since the fair value of the advertising services surrendered or received in the transaction is not determinable for the years ended December 31, 2013, 2014 and 2015. Except for advertising-for-advertising barter transactions, the Group recognized revenue from barter transactions involving exchanging advertising services for content, technical, marketing services and others amounted to nil, RMB1.0 million and RMB1.4 million (US$0.2 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
(ii) Paid service revenues
Paid service revenues comprise of MVAS and games and others.
MVAS
MVAS revenues are derived from providing mobile phone users with mobile digital reading services, mobile game services, mobile video services, wireless value-added services (WVAS). WVAS include short messaging services (SMS), multi-media messaging services (MMS), music services such as ring-back tone (RBT) and interactive voice response (IVR). Revenues from mobile digital reading services, mobile game services, mobile video services, and WVAS are charged on a monthly or per-usage basis. Revenues from MVAS are recognized in the period in which the service is performed, provided that no significant obligation remains, collection of the receivables is reasonably assured and the amounts can be accurately estimated.
The Group contracts with China Mobile Communication Corporation and its subsidiaries (CMCC), and to a lesser degree, with other mobile operators, for billing, collection and transmission services related to the MVAS offered to its users. The determination of whether to record these revenues using the gross or net method is based on an assessment of various factors; the primary factors are whether the Group is acting as the principal in offering services to the customer or as an agent in the transaction, and the specific requirement of each contract. CMCC is a related party of the Group (see Note 23).
For most mobile game services delivered through telecom operators and most WVAS, the Group is responsible for providing desired services to the customers and has primary responsibility and broad discretion to establish price, therefore the Group is considered the primary obligor in these transactions, and revenues from these services are recorded on a gross basis. Most revenues from mobile digital reading services, music services and mobile video services are recorded on a net basis as the Group is acting as an agent of operators in these transactions.
Due to the time lag between when the services are rendered and when the operators billing statements are received, most MVAS revenues are estimated based on the Groups internal billing records and transmissions for the month, adjusting for prior periods confirmation rates with operators and prior periods discrepancies between internally estimated revenues and actual revenues confirmed by operators. There was no significant difference between the Groups estimates and the operators billing statements for all the years presented.
The Group also contracts with CMCC to provide news contents and other services to support CMCCs own mobile newspaper products. A fixed fee is charged for the contracts, and the revenues attributable to the news contents are recognized on a straight-line basis over the periods in which the news contents are provided. Revenues attributable to other services are recognized when the other services are provided.
Games and others
Games and others include web-based games, mobile games, online digital reading, content sales, and other online and mobile paid services through the Groups own platforms. Revenues from these services are recognized over the periods in which the services are performed, provided that no significant obligations remain, collection of the receivables is reasonably assured and the amounts can be accurately estimated.
For web-based game services, all of the web-based games provided on the Groups platform are developed by third-party game developers and can be accessed and played by game players without downloading separate software. The Group primarily views the game developers to be its customers and considers its responsibility under its agreements with the game developers to be promotion of the game developers games. The Group collects payments from game players in connection with the sale of in-game virtual currencies and remits certain agreed-upon percentages of the proceeds to the game developers. Revenue from the sale of in-game virtual currency is recorded net of remittances to game developers and deferred until the estimated consumption date of the virtual items, which is within a short period of time, typically a few days, after purchase of the in-game virtual currency.
Mobile games are licensed from third-party developers. The game portfolio includes action, role-playing and casual games operated on smartphone mobile operation systems, such as iOS and Android. The basic game play functions are free of charge, and players are charged for purchases of in-game virtual items, including perpetual and consumable items. Revenues are recognized over the estimated lives of the perpetual items purchased by game players or as the consumable items are consumed. Most of mobile game revenues are recorded on a gross basis as the Group is acting as the principal in offering services to the customers in the transactions.
The Group also provides online literature and provides video programming through its online subscription and pay-per-view services to the customers. Revenues from these services, which are recorded on a gross basis, are recognized evenly over the subscription period, or in the period in which a pay-per-view service is provided.
The Group generates revenues from video content sales agreements for television programming produced by Phoenix TV Group and documentaries purchased from third parties. The video content sales agreements the Group enters into involve the transfer of non-exclusive broadcasting rights to other third-party websites or other Internet and mobile media companies for a definitive license period. In accordance with ASC 926-605, Entertainment-Films, Revenue Recognition, the Group recognizes revenues in respect of its video content sales arrangements when the following criteria are met: persuasive evidence of a video content sales arrangement with a customer exists, the content has been delivered or is available for immediate and unconditional delivery, the sublicense period of the arrangement has begun and the customer can begin its exhibition, the arrangement fee is fixed or determinable, and collection of the arrangement fee is reasonably assured. Pursuant to the cooperation agreement signed with Phoenix TV, the Group pays Phoenix TV 50% of the revenues generated from sales of Phoenix TVs video content, which is recorded in cost of revenues. Refer to Note 22(a) for details.
|
||||||||||||
Cost of revenues | (p) Cost of revenues
The Groups cost of revenues consists primarily of (i) revenue sharing fees, including service fees retained by mobile telecommunications operators which are recognized as cost of revenues for revenues recorded on gross basis and revenue sharing fees paid to the Groups channel and content partners, (ii) content and operational costs, including personnel-related cost associated with content production and certain advertisement sales support personnel, content procurement costs to third-party professional media companies and to Phoenix TV, administrative costs related to in-house content production, channel testing costs, rental cost, depreciation and amortization and other miscellaneous costs, (iii) bandwidth costs, and (iv) sales taxes and surcharges, sales taxes include business tax and value added tax. The sales taxes and surcharges in cost of revenues for the years ended December 31, 2013, 2014 and 2015 were RMB92.9 million, RMB129.8 million and RMB122.5 million (US$18.9 million), respectively.
In China, business tax is imposed by the government on the revenues reported by the selling entities for the provision of taxable services in China. The business tax rate varies depending on the nature of the revenues. The applicable business tax and surcharges rate for the groups revenues generally ranges from 3.4% to 5.6%.
On November 16, 2011, Ministry of Finance and the State Administration of Taxation announced the Business Tax to Value Added Tax Transformation Pilot Program, or the VAT Pilot Program. Productive service industries, such as the transportation industry and certain modern services industries, were the first in the pilot regions to implement the VAT Pilot Program. The implementation of the VAT Pilot Program began on January 1, 2012 in Shanghai and on September 1, 2012 in Beijing, and was then expanded to seven other provinces and municipalities by the end of 2012. Commencing on August 1, 2013, the implementation of VAT Pilot Program has expanded to all regions in the PRC. As a result of the VAT Pilot Program, the advertising revenues and other modern services revenues, such as games and others services revenues earned by the Groups entities and technical service fees paid by VIEs to the Group pursuant to the Contractual Agreement, are subject to value-added tax and surcharges at a rate of approximately 6.7%. On April 29, 2014, a notification (the Cai Shui [2014] No. 43) was jointly issued by the Ministry of Finance and State Administration of Taxation of the Peoples Republic of China, and as approved by the State Council of the Peoples Republic of China, the telecommunications industry would be included in the scope of the VAT Pilot Program for the transformation from the business tax to value-added tax from June 1, 2014. As a result, the Groups MVAS revenues are subject to value-added tax and surcharges at a rate of approximately 6.7% from June 1, 2014.
The Group is also subject to a cultural development fee on the provision of advertising services in China. The applicable tax rate is 3% of the advertising services revenues.
|
||||||||||||
Sales and marketing expenses | (q) Sales and marketing expenses
Sales and marketing expenses comprise primarily of: (i) personnel-related expenses including sales commissions related to the sales and marketing personnel; (ii) advertising and promotion expenses including traffic acquisition expenses; and (iii) rental expense, depreciation and amortization expenses. The Group expenses advertising costs as incurred. Total advertising expenses were RMB54.2 million, RMB64.4 million and RMB117.9 million (US$18.2 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
|
||||||||||||
Technology and product development expenses | (r) Technology and product development expenses
Technology and product development expenses mainly consist of: (i) personnel-related expenses associated with the development of, enhancement to, and maintenance of the Groups websites; (ii) expenses associated with new technology and product development and enhancement; and (iii) rental expense and depreciation of servers. The Group expenses technology and product development expenses as incurred for all the years presented.
|
||||||||||||
Operating leases | (s) Operating leases
Leases where substantially all the rewards and risks of ownership of assets remain with the lessor are accounted for as operating leases. Payments made under operating leases are charged to the consolidated statements of comprehensive income on a straight-line basis over the lease term. The Group normalizes rental expense on operating leases that involve rent concessions.
|
||||||||||||
Share-based compensation | (t) Share-based compensation
The Company has incentive plans for the granting of share-based awards, including share options, restricted shares and restricted share units. The Company measures the cost of employee services received in exchange for share-based compensation at the grant date fair value of the award. The Company recognizes the share-based compensation as costs and or expenses in the consolidated statements of comprehensive income, net of estimated forfeitures, on a graded-vesting basis over the vesting term of the awards.
Cancellation of an award accompanied by the grant of a replacement award is accounted for as a modification of the terms of the cancelled award (modification awards). The compensation costs associated with the modification awards are recognized if either the original vesting condition or the new vesting condition has been achieved. Such compensation costs cannot be less than the grant-date fair value of the original award. The incremental compensation cost is measured as the excess of the fair value of the replacement award over the fair value of the cancelled award at the cancellation date. Therefore, in relation to the modification awards, the Company recognizes share-based compensation over the vesting periods of the new awards, which comprises (i) the amortization of the incremental portion of share-based compensation over the remaining vesting term and (ii) any unrecognized compensation cost of original award, using either the original term or the new term, whichever is higher for each reporting period.
The Company adopts the Black-Scholes option pricing model to determine the fair value of share options, and determines the fair value of restricted share and restricted share units based on the fair value of the underlying ordinary shares at the grant date considering the dilutive effect of restricted share and restricted share units.
Forfeiture rate are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimates. The Group uses historical data to estimate pre-vesting option and restricted share units forfeitures and record share-based compensation only for those awards that are expected to vest. Refer to Note 16 for further information regarding share-based compensation assumptions and expenses.
|
||||||||||||
Income taxes | (u) Income taxes
Current income taxes are provided on the basis of net income for financial reporting purposes, adjusted for income and expense items which are not assessable or deductible for income tax purposes, in accordance with the regulations of the relevant tax jurisdictions. Deferred income taxes are provided using an asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of temporary differences by applying enacted statutory rates applicable to future years to differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities. The tax base of an asset or liability is the amount attributed to that asset or liability for tax purpose. The effect on deferred taxes of a change in tax rates is recognized in the consolidated statements of comprehensive income in the period of change. A valuation allowance is provided to reduce the amount of deferred tax assets if it is considered more likely than not that some portion of, or all of the deferred tax assets will not be realized.
Uncertain tax positions
The Group adopted the provisions of ASC 740-10, Income Taxes: Overall, on January 1, 2007, which clarified the accounting for uncertainty in income taxes by prescribing the recognition and measurement thresholds a tax position is required to meet before being recognized in the financial statements. The guidance prescribes a more likely than not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Significant judgment is required in evaluating the Groups uncertain tax positions and determining its provision for income taxes. Refer to Note 14 for details of the Groups tax positions.
|
||||||||||||
Employee social security and welfare benefits | (v) Employee social security and welfare benefits
Full-time employees of the Group in the PRC are entitled to staff welfare benefits including pension, work-related injury benefits, maternity insurance, medical insurance, unemployment benefit and housing fund plans through a PRC government-mandated multi-employer defined contribution plan. The Group is required to accrue for these benefits based on certain percentages of the employees salaries, up to a maximum amount specified by the local government. The Group is required to make contributions to the plans out of the amounts accrued. The PRC government is responsible for the medical benefits and the pension liability to be paid to these employees and the Groups obligations are limited to the amounts contributed. Employee social security and welfare benefits included as cost and expenses in the consolidated statements of comprehensive income were RMB57.4 million, RMB73.7 million and RMB75.6 million (US$11.7 million) for the years ended December 31, 2013, 2014 and 2015, respectively.
|
||||||||||||
Others, net | (w) Others, net
Others, net mainly represent government subsidies which primarily consist of financial subsidies received from provincial and local governments for operating a business in their jurisdictions. Such income has been recognized when the grants are received and no further conditions need to be met.
|
||||||||||||
Statutory reserves | (x) Statutory reserves
In accordance with the laws applicable to Chinas Foreign Investment Enterprises, those of the Companys China-based subsidiaries that are considered under PRC law to be a wholly foreign-owned enterprise are required to make appropriations from their after-tax profit (as determined under the Accounting Standards for Business Enterprises as promulgated by the Ministry of Finance of the Peoples Republic of China (PRC GAAP)) to non-distributable reserve funds including (i) general reserve fund, (ii) enterprise expansion fund and (iii) staff bonus and welfare fund. The appropriation to the general reserve fund must be at least 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the general reserve fund has reached 50% of the registered capital of the respective company. Appropriations to the other two reserve funds are at the respective companies discretion.
In accordance with the China Company Laws, those of the Companys China-based subsidiaries that are considered under PRC law to be domestically funded enterprises, as well as the Companys VIEs are required to make appropriations from their after-tax profit (as determined under PRC GAAP) to non-distributable reserve funds including (i) statutory surplus fund and (ii) discretionary surplus fund. The appropriation to the statutory surplus fund must be at least 10% of the after-tax profits calculated in accordance with PRC GAAP. Appropriation is not required if the statutory surplus fund has reached 50% of the registered capital of the respective company. Appropriation to the discretionary surplus fund is at the discretion of the respective company.
General reserve fund and statutory surplus fund are restricted for set off against losses, expansion of production and operation or increase in the registered capital of the respective company. The Group has made appropriations of RMB18.3 million, RMB15.6 million and RMB4.3 million (US$0.7 million) to these funds for the years ended December 31, 2013, 2014 and 2015, respectively.
|
||||||||||||
Related parties | (y) Related parties
Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are also considered to be related if they are subject to common control or significant influence, such as a family member or relative, shareholder, or a related corporation.
|
||||||||||||
Dividends | (z) Dividends
Dividends are recognized when declared. No dividends were declared for the years ended December 31, 2013, 2014 and 2015, respectively. The Group does not have any present plan to pay dividends on ordinary shares in the foreseeable future. The Group currently intends to retain the available funds and future earnings to operate and expand its business.
|
||||||||||||
Net income per share | (aa) Net income per share
The Company computes net income per Class A and Class B ordinary share in accordance with ASC 260-10, Earnings Per Share: Overall, using the two class method. Under the two-class method, net income is allocated between ordinary shares and other participating securities based on their participating rights. Net losses are not allocated to other participating securities if based on their contractual terms they are not obligated to share in the losses.
The liquidation and dividend rights of the holders of the Companys Class A and Class B ordinary shares are identical, except with respect to voting. As a result, and in accordance with ASC 260-10, the undistributed earnings for each year are allocated based on the contractual participation rights of the Class A and Class B ordinary shares. As the liquidation and dividend rights are identical, the net incomes are allocated on a proportionate basis.
Basic net income per share is computed by dividing net income attributable to ordinary shareholders by the weighted average number of ordinary shares and contingently issuable shares outstanding during the period except that it does not include unvested restricted shares and repurchased ordinary shares subject to cancellation.
Diluted net income per share is calculated by dividing net income attributable to ordinary shareholders, as adjusted for the effect of dilutive potential ordinary shares, if any, by the weighted average number of ordinary shares outstanding and dilutive potential ordinary shares during the period. Potential ordinary shares are excluded in the denominator of the diluted net income per share calculation if their effects would be anti-dilutive.
|
||||||||||||
Treasury stock | (ab) Treasury stock
The Company accounted for those shares repurchased as treasury stock at cost in accordance with ASC 505-30, Treasury Stock, and is shown separately in the shareholders equity as the Company has not yet decided on the ultimate disposition of those shares acquired. When the Company decides to cancel the treasury stock, the difference between the original issuance price and the repurchase price is debited into additional paid-in capital. Refer to Note 21 for details.
|
||||||||||||
Comprehensive income | (ac) Comprehensive income
Comprehensive income is defined as the change in equity of the Group during a period arising from transactions and other events and circumstances excluding transactions resulting from investments by shareholders and distributions to shareholders. Comprehensive income is reported in the consolidated statements of comprehensive income. Accumulated other comprehensive loss or income, as presented on the Groups consolidated balance sheets, includes the foreign currency translation adjustment and fair value remeasurement for available-for-sale investments.
|
||||||||||||
Segment reporting | (ad) Segment reporting
Our Groups segments are business units that offer different services and are reviewed separately by the chief operating decision maker (the CODM) in deciding how to allocate resources and in assessing performance. The Groups CODM has been identified as the Chief Executive Officer. As the Groups long-lived assets and revenues are substantially located in and derived from the PRC, no geographical segments are presented.
The Groups organizational structure is based on a number of factors that the CODM uses to evaluate, view and run the Groups business operations, which include, but are not limited to, customer base, homogeneity of products and technology. The Groups operating segments are based on its organizational structure and information reviewed by the Groups CODM to evaluate the operating segment results.
|
||||||||||||
Recently issued accounting pronouncements | (ae) Recently issued accounting pronouncements
In April 2015, the FASB issued Accounting Standards Update (ASU) No.2015-03, Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The standard requires companies to present debt issuance costs the same way they currently present debt discounts, as a direct deduction from the carrying value of that debt liability. ASU2015-03 does not impact the recognition and measurement guidance for debt issuance costs. For public businesses, ASU No. 2015-03 will be effective for fiscal years starting after December 15, 2015, including any interim periods within those years. Early adoption of ASU No. 2015-03 will be allowed for financial statements that have yet to be issued. The amendments of ASU No. 2015-03 must be applied retrospectively, where the balance sheet of each presented individual period is adjusted to indicate the period-specific impact of using the new guidance. During the transition phase, a business must adhere to the appropriate disclosures for an adjustment in an accounting principle. Such disclosures include why the change in accounting principle is occurring, the method of transition, a explanation of the previous periods information that was retrospectively adjusted, and how the change impacts the financial statement line items (i.e., debt issuance cost asset and the debt liability).The implementation of this update is not expected to have any material impact on the Companys consolidated financial statements.
In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers-Deferral of the effective date (ASU 2015-14). The amendments in ASU 2015-14 defer the effective date of ASU No. 2014-09, Revenue from Contracts with Customers issued in May 2014. According to the amendments in ASU 2015-14, the new revenue guidance ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is in the process of evaluating its contracts with customers under the new standard and cannot currently estimate the financial statement impact of adoption.
In November 2015, the FASB issued ASU No. 2015-17, Income Taxes-Balance Sheet Classification of Deferred Taxes (ASU 2015-17). The amendments in this update simplify the presentation of deferred income taxes. ASU 2015-17 requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in ASU 2015-17 are effective for fiscal years beginning after December 15, 2016 including interim periods within those fiscal years. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. As of December 31, 2015, deferred tax assets and deferred tax liabilities amounted to RMB36.0 million (US$5.6 million) and nil respectively are classified as current.
In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting (Topic 718). The new update will require all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. The standard also will allow an employer to repurchase more of an employees shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. The guidance is effective for the Company on January 1, 2017. Early application is permitted in any annual or interim period for which financial statements havent been issued or made available for issuance, but all of the guidance must be adopted in the same period. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.
|
X | ||||||||||
- Definition Basis of presentation, principles of consolidation, recognition of noncontrolling Interest and cost allocations, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Convenience translation, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Dividends, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Employee social security and welfare benefits, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Others, net, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Related parties, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Sales and marketing expenses, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Statutory reserves, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Term Deposits and Short Term Investments, Policy [Policy Text Block] No definition available.
|
X | ||||||||||
- Definition Treasury stock, policy [Policy Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Entity's cash and cash equivalents accounting policy with respect to restricted balances. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for comprehensive income. No definition available.
|
X | ||||||||||
- Definition Disclosure of accounting policy for recognition of costs in the period which correspond to the sales and revenue categories presented in the statement of operations. The accounting policy may include the amount and nature of costs incurred, provisions associated with inventories, purchase discounts, freight and other costs included in cost of sales incurred and recorded in the period. This disclosure also includes the nature of costs of sales incurred and recorded in the statement of operations for the period relating to transactions with related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for the equity method of accounting for investments in common stock or other interests including unconsolidated domestic subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. Additionally, this element describes the entity's application of the cost method to equity investments or other interests that are not consolidated or accounted for under the equity method of accounting. The disclosure provided may include how equity method or cost investments are assessed for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for the impairment and disposal of long-lived assets including goodwill and other intangible assets. No definition available.
|
X | ||||||||||
- Definition Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for finite-lived intangible assets. This accounting policy also might address: (1) the amortization method used; (2) the useful lives of such assets; and (3) how the entity assesses and measures impairment of such assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for leasing arrangements (both lessor and lessee). This disclosure may address (1) lease classification (that is, operating versus capital), (2) how the term of a lease is determined (for example, the circumstances in which a renewal option is considered part of the lease term), (3) how rental revenue or expense is recognized for a lease that contains rent escalations, (4) an entity's accounting treatment for deferred rent, including that which arises from lease incentives, rent abatements, rent holidays, or tenant allowances (5) an entity's accounting treatment for contingent rental payments and (6) an entity's policy for reviewing, at least annually, the residual values of sales-type and direct-finance leases. The disclosure also may indicate how the entity accounts for its capital leases, leveraged leases or sale-leaseback transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for investments in debt and equity securities that are classified as available-for-sale. This policy also may describe the entity's accounting treatment for transfers between investment categories, how the entity determines whether impairments of available-for-sale securities are other than temporary, and how the fair values of such securities are determined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
|
X | ||||||||||
- Definition Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for trade and other accounts receivables. This disclosure may include the basis at which such receivables are carried in the entity's statements of financial position (for example, net realizable value), how the entity determines the level of its allowance for doubtful accounts, when impairments, charge-offs or recoveries are recognized, and the entity's income recognition policies for such receivables, including its treatment of related fees and costs, its treatment of premiums, discounts or unearned income, when accrual of interest is discontinued, how the entity records payments received on nonaccrual receivables and its policy for resuming accrual of interest on such receivables. If the enterprise holds a large number of similar loans, disclosure may include the accounting policy for the anticipation of prepayments and significant assumptions underlying prepayment estimates for amortization of premiums, discounts, and nonrefundable fees and costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Organization and Principal Activities (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization and Principal Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of subsidiaries, VIEs and subsidiaries of VIEs |
*In August, 2015, the name of Beijing Jirong Wenhua Culture Communication Co., Ltd. was changed to Beijing Fenghuang Interactive Entertainment Network Technology Co., Ltd.. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of consolidated financial information of Group's VIEs |
|
X | ||||||||||
- Definition Schedule of Subsidiaries, VIEs and Subsidiaries of VIEs [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Principal Accounting Policies (Tables) |
12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||
Principal Accounting Policies [Abstract] | |||||||||||||
Estimated useful lives of property and equipment |
|
X | ||||||||||
- Definition Property and equipment, estimated useful lives [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Accounts Receivable, Net (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts Receivable, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts Receivable, Net |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Allowance for doubtful accounts receivable |
|
X | ||||||||||
- Definition Schedule of allowance for doubtful accounts receivable [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Prepayments and Other Current Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepayments and Other Current Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepayments and Other Current Assets |
|
X | ||||||||||
- Definition Schedule of prepayments and other current assets [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Property and Equipment, Net (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of property and equipment, net |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Intangible Assets, Net (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Intangible Assets, Net |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Equity Investments (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Investments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed financial information of equity method investments |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Other Non-Current Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||
Other Non-Current Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
Summary of other non-current assets |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Accrued Expenses and Other Current Liabilities (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued Expenses and Other Current Liabilities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accrued expenses and other current liabilities |
|
X | ||||||||||
- Definition Schedule of accrued expenses and other current liabilities [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Cost of Revenues (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of Revenues [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of Revenues |
|
X | ||||||||||
- Definition Schedule of cost of revenues [Table Text Block] No definition available.
|
X | ||||||||||
- References No definition available.
|
Income Taxes (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Taxes [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of provisions for income tax expenses |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Components of income before tax and income tax expenses for PRC and non-PRC operations |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of differences between statutory tax rate and effective tax rate |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Combined effects of income tax expense exemption and reduction |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tax effects of temporary differences, give rise to deferred tax assets and liabilities |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Movement of valuation allowance |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of liabilities associated with uncertain tax positions |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the income tax exemptions and reductions which have been granted by taxing authorities for a specified period, applicable term of the exemptions and reductions, estimated dollar value of tax benefits, and per share benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Share-based Compensation (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based compensation recognized in costs and expenses |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of share option activities |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share options valuation assumption |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of restricted share units activities |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of restricted share activities |
|
X | ||||||||||
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock that were outstanding at the beginning and end of the year, and the number of restricted stock that were granted, vested, or forfeited during the year. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Segments (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary information by segments |
|
X | ||||||||||
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Fair Value Measurements (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial instruments measured at fair value by level within the fair value hierarchy |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of the fair value measurements using significant unobservable inputs (level 3) |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Key inputs used in available-for-sale investments valuation |
|
X | ||||||||||
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Net Income per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Income per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic and Diluted Net Income per Share |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments and Contingencies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments |
* The Group and Phoenix TV Group have been involved in various cooperation arrangements, including content sharing, branding and co-promotion, technical support and corporate management (see Note 2(a)). There was no payment for these arrangements until November 2009 when a cooperation agreement was signed between Phoenix TV and the Group to stipulate the cost and expenses charged to the Group for the year 2010 and going forward. Based on the agreement, the Group will pay Phoenix TV 50% of revenue generated from certain contents provided by Phoenix TV Group, plus a fixed amount of payment to cover other services provided by Phoenix TV Group. The fixed amount was RMB1.6 million for the first year of the agreement, and increases by 25% annually. On March 28, 2011, Phoenix TV and the Group amended their cooperation agreement to extend the expiration of cooperation period from November 2014 to March 2016. The consideration arrangements for the cooperation remained unchanged. This fixed amount has been included in above table as a commitment to Phoenix TV Group.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of unconditional purchase obligations that are not recognized as a liability on the balance sheet, including the nature and significant terms of an unconditional purchase obligation; the amount of the fixed and determinable portion of the obligation as of the date of the latest balance sheet presented in the aggregate and, if determinable, for each of the five succeeding fiscal years; the nature of any variable components of the obligation; the amount purchased under the obligation (for example, the take-or-pay or throughput contract) for the reporting period; and may include the amount of imputed interest necessary to reduce the obligation to present value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Related Party Transactions (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Major related parties and relationships with Group |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amounts due from and due to related parties |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Entities within the non US listed part of the Phoenix TV Group [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of related party transactions | Transactions with the Non US Listed Part of Phoenix TV Group:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CMCC [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of related party transactions | Transactions with CMCC:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investees [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transaction [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of related party transactions | Transactions with Investees:
|
X | ||||||||||
- Definition Schedule of amounts due from and due to related parties [Table Text Block] No definition available.
|
X | ||||||||||
- Definition Schedule of major related parties and relationships with group [Table Text Block] No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Additional Information-Condensed Financial Statements (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Additional Information-Condensed Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Financial Information of Parent Company, Statements of Balance Sheets |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Financial Information of Parent Company, Statements of Comprehensive Income |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Financial Information of Parent Company, Statements of Cash Flows |
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. No definition available.
|
X | ||||||||||
- Definition Date when an entity was incorporated No definition available.
|
X | ||||||||||
- Definition State or Country Name where an entity is incorporated No definition available.
|
X | ||||||||||
- Definition Schedule of Subsidiaries, VIEs and Subsidiaries of VIEs [Line Items] No definition available.
|
X | ||||||||||
- Definition Percentage of direct or indirect economic ownership of the subsidiaries, VIEs and the subsidiary of one of the VIEs No definition available.
|
X | ||||||||||
- Definition Principal activity of the subsidiaries, VIEs and the subsidiary of one of the VIEs No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Organization and Principal Activities (Narrative) (Details) ¥ in Millions, $ in Millions |
1 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jan. 31, 2015
CNY (¥)
|
Jan. 31, 2015
USD ($)
|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Jan. 31, 2015
USD ($)
|
|
Consolidated VIEs [Member] | ||||||||
Schedule of Subsidiaries, VIEs and Subsidiaries of VIEs [Line Items] | ||||||||
Registered capital and PRC statutory reserves of VIEs used to solely settle obligations of VIEs | ¥ 32.1 | $ 5.0 | ||||||
Inter-company transactions' net impacts of net loss | ¥ 242.4 | $ 37.4 | ¥ 414.4 | ¥ 380.9 | ||||
Meowpaw [Member] | ||||||||
Schedule of Subsidiaries, VIEs and Subsidiaries of VIEs [Line Items] | ||||||||
Share capital of VIE | ¥ 1.0 | $ 0.2 | ||||||
Percentage of shares held by the group | 75.00% | 75.00% | ||||||
Percentage of shares held by the noncontrolling shareholder | 25.00% | 25.00% | ||||||
Long-term financial support provided to VIE | ¥ 34.0 | $ 5.2 | ||||||
Threshold of accumulated retained earnings of VIE to pay dividend | ¥ 35.0 | $ 5.4 |
X | ||||||||||
- Definition Amount of net impacts of series transactions consolidated VIEs have with inter-company on net loss. No definition available.
|
X | ||||||||||
- Definition The amount of registered capital and PRC statutory reserves of VIEs used to solely settle obligations of VIEs. No definition available.
|
X | ||||||||||
- Definition Schedule of Subsidiaries, VIEs and Subsidiaries of VIEs [Line Items] No definition available.
|
X | ||||||||||
- Definition Amount of share capital of VIE. No definition available.
|
X | ||||||||||
- Definition Threshold of accumulated retained earnings when VIE may pay dividend to ordinary shareholders No definition available.
|
X | ||||||||||
- Definition Percentage of the Variable Interest Entity's (VIE) shares owned by the noncontrolling shareholder. No definition available.
|
X | ||||||||||
- Definition The amount of financial or other support the reporting entity has provided (explicitly or implicitly) to the Variable Interest Entity (VIE) that it was not previously contractually required to provide or that the reporting entity intends to provide, including, for example, situations in which the reporting entity assisted the VIE in obtaining another type of support. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the Variable Interest Entity's (VIE) voting interest owned by (or beneficial interest in) the reporting entity (directly or indirectly). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Organization and Principal Activities (Financial information of consolidated VIEs) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
|||
Variable Interest Entity [Line Items] | |||||||
Current assets | ¥ 1,930,915 | ¥ 2,062,908 | $ 298,082 | ||||
Non-current assets | 636,291 | 263,922 | 98,226 | ||||
Total assets | 2,567,206 | 2,326,830 | 396,308 | ||||
Accounts payable | 289,148 | 271,599 | 44,637 | ||||
Amounts due to related parties | 19,368 | 22,489 | 2,990 | ||||
Advances from customers | 15,239 | 17,587 | 2,352 | ||||
Taxes payable | 93,120 | 88,938 | 14,375 | ||||
Salary and welfare payable | 114,028 | 105,073 | 17,603 | ||||
Accrued expenses and other current liabilities | 80,891 | 86,307 | 12,487 | ||||
Current liabilities | 742,840 | 591,993 | 114,674 | ||||
Non-current liabilities | 19,680 | 18,179 | 3,039 | ||||
Total liabilities | 762,520 | 610,172 | 117,713 | ||||
Revenues | [1] | 1,609,196 | $ 248,418 | 1,637,860 | ¥ 1,424,475 | ||
Net income | 72,385 | 11,175 | 262,119 | 278,023 | |||
Net cash used in operating activities | 220,812 | 34,090 | 273,474 | 347,802 | |||
Net cash (used in)/provided by investing activities | (1,256,868) | (194,028) | 393,172 | (351,336) | |||
Net cash provided by financing activities | 64,366 | 9,937 | (223,744) | (64,679) | |||
Consolidated VIEs [Member] | |||||||
Variable Interest Entity [Line Items] | |||||||
Current assets | 1,075,360 | 1,341,023 | 166,007 | ||||
Non-current assets | 79,211 | 70,197 | 12,228 | ||||
Total assets | 1,154,571 | 1,411,220 | 178,235 | ||||
Accounts payable | 282,509 | 352,008 | 43,612 | ||||
Amounts due to related parties | 2,694 | 886 | 416 | ||||
Amounts due to inter-company entities | 406,538 | 608,181 | 62,759 | ||||
Advances from customers | 13,745 | 17,380 | 2,122 | ||||
Taxes payable | 56,034 | 49,717 | 8,650 | ||||
Salary and welfare payable | 85,019 | 84,874 | 13,125 | ||||
Accrued expenses and other current liabilities | 62,695 | 76,916 | 9,678 | ||||
Current liabilities | 909,234 | 1,189,962 | 140,362 | ||||
Non-current liabilities | 19,680 | 18,179 | 3,039 | ||||
Total liabilities | 928,914 | 1,208,141 | $ 143,401 | ||||
Revenues | 1,504,370 | 232,235 | 1,632,827 | 1,418,693 | |||
Net income | 22,329 | 3,447 | 53,141 | 14,851 | |||
Net cash used in operating activities | (91,907) | (14,188) | (110,741) | (311,286) | |||
Net cash (used in)/provided by investing activities | (197,307) | (30,459) | 403,635 | (457,202) | |||
Net cash provided by financing activities | ¥ 250 | $ 39 | ¥ 10,000 | ¥ 0 | |||
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due inter-company entities. No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The current portion of prepayments received from customers for goods or services to be provided in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Principal Accounting Policies (Additional information) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
¥ / $
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
¥ / $
|
|
Convenience translation [Abstract] | |||||
Convenience translation, noon buying rate of US$ using RMB | ¥ / $ | 6.4778 | 6.4778 | |||
Sales and marketing expenses [Abstract] | |||||
Total advertising expenses | ¥ 117,900 | $ 18,200 | ¥ 64,400 | ¥ 54,200 | |
Employee social security and welfare benefits [Abstract] | |||||
Employee social security and welfare benefits | 75,600 | $ 11,700 | 73,700 | ¥ 57,400 | |
Recently issued accounting pronouncements [Abstract] | |||||
Deferred tax assets | 35,963 | ¥ 24,565 | $ 5,552 | ||
Deferred tax liabilities | ¥ | ¥ 0 |
X | ||||||||||
- Definition Convenience Translation [Abstract] No definition available.
|
X | ||||||||||
- Definition The noon buying rate as set forth in the H.10 statistical release of the U.S. Federal Reserve Board at which translations of amounts from RMB into US$ for the convenience of the reader were calculated at. No definition available.
|
X | ||||||||||
- Definition The amount of employee social security and welfare benefits included as cost and expenses in the accompanying consolidated statements of comprehensive income. No definition available.
|
X | ||||||||||
- Definition Employee Social Security and Welfare Benefits [Abstract] No definition available.
|
X | ||||||||||
- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, netted by jurisdiction and classified as current. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
Principal Accounting Policies (Property and equipment, net) (Details) ¥ in Millions, $ in Millions |
5 Months Ended | 7 Months Ended | 12 Months Ended | |
---|---|---|---|---|
May. 31, 2015 |
Dec. 31, 2015 |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
|
Computers [Member] | Service Life [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Estimated Useful Lives | 5 years | 3 years | ||
Additional depreciation expenses | ¥ 2.4 | $ 0.4 | ||
Decrease in depreciation expenses for the years ended December 31, 2016 | 0.1 | |||
Decrease in depreciation expenses for the years ended December 31, 2017 | 0.6 | |||
Decrease in depreciation expenses for the years ended December 31, 2018 | ¥ 0.9 | |||
Equipment, furniture and motor vehicles [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Estimated Useful Lives | 5 years | 5 years | ||
Leasehold improvements [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Estimated Useful Lives | Lesser of lease terms or the estimated useful lives of the assets | Lesser of lease terms or the estimated useful lives of the assets |
X | ||||||||||
- Definition Amount of additional depreciation expenses due to changes of estimated useful lives for property and equipment. No definition available.
|
X | ||||||||||
- Definition Amount of decrease in depreciation expense due to changes of estimated useful lives for property and equipment during the next fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Amount of decrease in depreciation expense due to changes of estimated useful lives for property and equipment during the third fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Amount of decrease in depreciation expense due to changes of estimated useful lives for property and equipment during the second fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Describes the periods of time over which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Principal Accounting Policies (Intangible assets, net) (Details) |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Computer software [Member] | |
Finite-Lived Intangible Assets [Line Items] | |
Estimated useful lives | 5 years |
Internet domain name [Member] | |
Finite-Lived Intangible Assets [Line Items] | |
Estimated useful lives | 10 years |
X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Principal Accounting Policies (Revenue recognition) (Details) ¥ in Millions, $ in Millions |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Revenue Recognition, Multiple-deliverable Arrangements [Line Items] | ||||
Agency service fees to third-party advertising agencies | ¥ 161.6 | $ 24.9 | ¥ 176.8 | ¥ 135.9 |
Revenue from barter transactions involving exchanging advertising services for content, technical, marketing services and others | ¥ 1.4 | $ 0.2 | ¥ 1.0 | ¥ 0.0 |
Phoenix TV [Member] | ||||
Revenue Recognition, Multiple-deliverable Arrangements [Line Items] | ||||
Percentage of revenues generated from sales of Phoenix TV's video content paid to Phoenix TV (as a percent) | 50.00% | 50.00% |
X | ||||||||||
- Definition The estimated and recorded amount in agency service fees to third-party advertising agencies. The Group provides cash incentives in the form of agency service fees to certain third-party advertising agencies based on sales performance, and accounts for such incentives as a reduction of revenue in accordance with ASC 605-50-25 Customer Payments and Incentives: Recognition. No definition available.
|
X | ||||||||||
- Definition Percentage of revenues generated from sales of Phoenix TV's video content paid to Phoenix TV, which is recorded in cost of revenues. No definition available.
|
X | ||||||||||
- Definition Total revenue recognized from advertising barter transactions for each income statement presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Principal Accounting Policies (Cost of revenues) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Taxation [Line Items] | ||||
Sales taxes and surcharges in cost of revenues | ¥ 122,502 | $ 18,911 | ¥ 129,768 | ¥ 92,937 |
Tax rate of value added tax and surcharges | 6.70% | 6.70% | ||
Applicable tax rate of cultural development fee for advertising services revenues | 3.00% | 3.00% | ||
Minimum [Member] | ||||
Taxation [Line Items] | ||||
Applicable business tax and surcharges rate | 3.40% | 3.40% | ||
Maximum [Member] | ||||
Taxation [Line Items] | ||||
Applicable business tax and surcharges rate | 5.60% | 5.60% |
X | ||||||||||
- Definition Applicable Business Tax and Surcharges Rate No definition available.
|
X | ||||||||||
- Definition Applicable tax rate of cultural development fee for advertising services revenues No definition available.
|
X | ||||||||||
- Definition Sales taxes include business tax and value added tax. Business tax is imposed by the Chinese government on revenues we report for the provision of taxable services, transfers of intangible assets and sales of immovable properties. No definition available.
|
X | ||||||||||
- Definition Tax rate of value added tax and surcharges No definition available.
|
X | ||||||||||
- Definition Taxation [Line Items] No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Principal Accounting Policies (Statutory reserves) (Details) ¥ in Millions, $ in Millions |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Schedule of Statutory Reserves [Line Items] | ||||
Appropriations to statutory reserves | ¥ 4.3 | $ 0.7 | ¥ 15.6 | ¥ 18.3 |
Wholly foreign-owned enterprise [Member] | ||||
Schedule of Statutory Reserves [Line Items] | ||||
Portion of after-tax profit to be allocated to general reserve under PRC law (as a percent) | 10.00% | 10.00% | ||
Required general reserve/registered capital ratio to de-force compulsory net profit allocation to general reserve (as a percent) | 50.00% | 50.00% | ||
Domestically funded enterprises [Member] | ||||
Schedule of Statutory Reserves [Line Items] | ||||
Portion of after-tax profit to be allocated to general reserve under PRC law (as a percent) | 10.00% | 10.00% | ||
Required general reserve/registered capital ratio to de-force compulsory net profit allocation to general reserve (as a percent) | 50.00% | 50.00% |
X | ||||||||||
- Definition Appropriations to statutory reserve. In accordance with the PRC laws, the company's subsidiary, VIEs and VIEs' subsidiary incorporated in PRC are required to make appropriations to certain non-distributable reserve from their after-tax profit (as determined under the Accounting Standards for Business Enterprises as promulgated by the Ministry of Finance of the People's Republic of China ("PRC GAAP")). No definition available.
|
X | ||||||||||
- Definition The maximum percentage of the appropriation to the statutory surplus fund over the after-tax profits calculated in accordance with PRC GAAP. No definition available.
|
X | ||||||||||
- Definition The percentage of the surplus fund over the registered capital of the respective company thus appropriation is not required. No definition available.
|
X | ||||||||||
- Definition Schedule of statutory reserves [Line Items] No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Certain Risks and Concentration (Major Customers) (Details) - Customer concentration risk [Member] ¥ in Millions, $ in Millions |
12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
|
Total revenues [Member] | |||||
Concentration Risk [Line Items] | |||||
Threshold of business risk associated with percentage of quantitative amount generated by any single customer of the Group (as a percent) | 10.00% | 10.00% | |||
Total revenues [Member] | CMCC [Member] | |||||
Concentration Risk [Line Items] | |||||
Revenues generated through and from CMCC | ¥ 309.3 | $ 47.7 | ¥ 320.4 | ¥ 429.6 | |
Percentage of concentration risk | 19.20% | 19.20% | 19.60% | 30.20% | |
Total accounts receivable and due from related parties [Member] | |||||
Concentration Risk [Line Items] | |||||
Threshold of business risk associated with percentage of quantitative amount generated by any single customer of the Group (as a percent) | 10.00% | 10.00% | |||
Total accounts receivable and due from related parties [Member] | CMCC [Member] | |||||
Concentration Risk [Line Items] | |||||
Amounts due from CMCC | ¥ 58.3 | ¥ 74.3 | $ 9.0 |
X | ||||||||||
- Definition Amounts due from major customer. No definition available.
|
X | ||||||||||
- Definition The amount of revenues generated through major customer. No definition available.
|
X | ||||||||||
- Definition Threshold of business risk associated with percentage of quantitative amount, like revenues or accounts receivable, generated by any single customer of the Group. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Accounts Receivable, Net (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2012
CNY (¥)
|
---|---|---|---|---|---|---|
Accounts Receivable, Net [Abstract] | ||||||
Accounts receivable, gross | ¥ 565,197 | $ 87,251 | ¥ 517,336 | |||
Allowance for doubtful accounts | (58,846) | (9,084) | (23,767) | $ (3,669) | ¥ (20,584) | ¥ (22,198) |
Accounts receivable, net | ¥ 506,351 | $ 78,167 | ¥ 493,569 |
X | ||||||||||
- Definition For unclassified balance sheet, amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Accounts Receivable, Net (Allowance for Doubtful Accounts) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Accounts Receivable, Net [Abstract] | ||||
Balance as of January 1 | ¥ 23,767 | $ 3,669 | ¥ 20,584 | ¥ 22,198 |
Additional provision charged to bad debt expenses | 46,990 | 7,254 | 9,229 | 2,590 |
Write-off of bad debt provision | (11,911) | (1,839) | (1,526) | (4,204) |
Disposition of certain investment in a subsidiary | 0 | 0 | (4,520) | 0 |
Balance as of December 31 | ¥ 58,846 | $ 9,084 | ¥ 23,767 | ¥ 20,584 |
X | ||||||||||
- Definition Additions charged to bad debt expenses, movement of the allowance for doubtful accounts receivable No definition available.
|
X | ||||||||||
- Definition Decrease of allowance for doubtful accounts from disposition of investment in subsidiary. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of direct write-downs of accounts receivable charged against the allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Prepayments and Other Current Assets (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Prepayments and Other Current Assets [Abstract] | |||
Prepaid rental and deposits | ¥ 3,666 | $ 566 | ¥ 1,557 |
Prepayments to suppliers and other business related expenses | 47,465 | 7,327 | 33,788 |
Receivables related to exercise of employee options | 5,002 | 772 | 4,759 |
Others | 2,441 | 377 | 2,599 |
Total | ¥ 58,574 | $ 9,042 | ¥ 42,703 |
X | ||||||||||
- Definition The amount of prepaid rental and deposits No definition available.
|
X | ||||||||||
- Definition The amount of other prepayment and other current asset No definition available.
|
X | ||||||||||
- Definition The amount of prepayments to suppliers and other business related expenses No definition available.
|
X | ||||||||||
- Definition The amount of receivables related to exercise of employee options No definition available.
|
X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Property and Equipment, Net (Summary of property and equipment, net) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Property, Plant and Equipment [Line Items] | |||
Total gross value | ¥ 201,090 | $ 31,043 | ¥ 172,629 |
Less: accumulated depreciation | (120,553) | (18,610) | (82,935) |
Net book value | 80,537 | 12,433 | 89,694 |
Computers, equipment and furniture [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Total gross value | 157,604 | 24,330 | 130,327 |
Motor vehicles [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Total gross value | 6,319 | 975 | 6,319 |
Leasehold improvements [Member] | |||
Property, Plant and Equipment [Line Items] | |||
Total gross value | ¥ 37,167 | $ 5,738 | ¥ 35,983 |
X | ||||||||||
- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Property and Equipment, Net (Depreciation expenses of property and equipment) (Details) ¥ in Millions, $ in Millions |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Property, Plant and Equipment [Line Items] | ||||
Depreciation expenses | ¥ 38.1 | $ 5.9 | ¥ 31.6 | ¥ 28.7 |
Computers [Member] | Service Life [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Depreciation expenses, as a result of the change in estimated useful lives | ¥ 2.4 | $ 0.4 |
X | ||||||||||
- Definition Amount of additional depreciation expenses due to changes of estimated useful lives for property and equipment. No definition available.
|
X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Intangible Assets, Net (Summary of intangible assets, Net) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Intangible Assets [Line Items] | |||
Total gross value | ¥ 31,953 | $ 4,933 | ¥ 25,094 |
Less: accumulated amortization | (15,727) | (2,428) | (10,181) |
impairment | (3,822) | (590) | 0 |
Net book value | 12,404 | 1,915 | 14,913 |
Software [Member] | |||
Intangible Assets [Line Items] | |||
Total gross value | 20,923 | 3,231 | 14,541 |
Operating rights for licensed games [Member] | |||
Intangible Assets [Line Items] | |||
Total gross value | 10,976 | 1,694 | 10,499 |
Domain name [Member] | |||
Intangible Assets [Line Items] | |||
Total gross value | ¥ 54 | $ 8 | ¥ 54 |
X | ||||||||||
- Definition Accumulated amount of impairment of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
X | ||||||||||
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Intangible Assets, Net (Narrative) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Intangible Assets, Net [Abstract] | ||||
Amortization expenses | ¥ 7,400 | $ 1,100 | ¥ 4,700 | ¥ 2,800 |
Estimated amortization expenses [Abstract] | ||||
2016 | 4,600 | |||
2017 | 2,800 | |||
2018 | 2,200 | |||
2019 | 1,900 | |||
2020 | 900 | |||
Impairment charge against operating rights for licensed games | ¥ 3,822 | $ 590 | ¥ 0 | ¥ 0 |
X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Available-for-sale Investments (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Apr. 30, 2015
CNY (¥)
|
Apr. 30, 2015
USD ($)
|
Oct. 31, 2014
CNY (¥)
|
Oct. 31, 2014
USD ($)
|
|
Schedule of Available-for-sale Securities [Line Items] | |||||||||
Gain on disposal of ordinary shares and Class A ordinary shares and acquisition of Series C preferred shares | ¥ 4,643 | $ 717 | ¥ 0 | ¥ 0 | |||||
Carrying value of available-for-sale investments | ¥ 513,994 | ¥ 77,093 | $ 79,347 | ||||||
Particle Inc. [Member] | |||||||||
Schedule of Available-for-sale Securities [Line Items] | |||||||||
Percentage of equity interests owned by the Company on an as-if converted basis | 46.95% | 18.42% | 46.95% | ||||||
Gain on disposal of ordinary shares and Class A ordinary shares and acquisition of Series C preferred shares | ¥ 4,600 | ||||||||
Total unrealized gains on available-for-sale investments recorded in accumulated other comprehensive loss or income | 56,200 | ¥ 40,300 | $ 8,700 | ||||||
Carrying value of available-for-sale investments | ¥ 514,000 | ¥ 77,100 | $ 79,300 | ||||||
Series B convertible redeemable preferred shares [Member] | Particle Inc. [Member] | |||||||||
Schedule of Available-for-sale Securities [Line Items] | |||||||||
Percentage of equity interests acquired on an as-if converted basis | 9.34% | 9.34% | |||||||
Cash consideration | ¥ 36,800 | $ 6,000 | |||||||
Series C convertible redeemable preferred shares [Member] | Particle Inc. [Member] | |||||||||
Schedule of Available-for-sale Securities [Line Items] | |||||||||
Cash consideration | ¥ 183,500 | $ 30,000 | |||||||
Ordinary shares and Class A ordinary shares [Member] | Particle Inc. [Member] | |||||||||
Schedule of Available-for-sale Securities [Line Items] | |||||||||
Cash consideration | ¥ 168,500 | $ 27,600 |
X | ||||||||||
- Definition Cash consideration paid to acquire equity interests of investee. No definition available.
|
X | ||||||||||
- Definition Percentage of equity interests entities acquired. No definition available.
|
X | ||||||||||
- Definition Percentage of equity interests of investee owned by entities on an as-if converted basis. No definition available.
|
X | ||||||||||
- Definition Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of an equity method investment. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Equity Investments (Narrative) (Details) |
1 Months Ended | 12 Months Ended | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Apr. 30, 2014
CNY (¥)
|
Mar. 31, 2014
CNY (¥)
|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Apr. 30, 2015
CNY (¥)
|
Apr. 30, 2015
USD ($)
|
Feb. 28, 2015
CNY (¥)
|
Feb. 28, 2015
USD ($)
|
Jan. 31, 2015
CNY (¥)
|
Jan. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
Mar. 31, 2014
USD ($)
|
Dec. 31, 2013
USD ($)
|
|
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Gain on disposition of subsidiaries and acquisition of equity investments | ¥ 0 | $ 0 | ¥ 29,660,000 | ¥ 0 | |||||||||||||||
Carrying value of equity investment | ¥ 0 | $ 0 | |||||||||||||||||
Phoenix FM Limited ("FM") [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Gain on disposition of subsidiaries and acquisition of equity investments | ¥ 18,000,000 | ||||||||||||||||||
Carrying value of equity investment | ¥ 0 | 0 | |||||||||||||||||
Loan receivable | 15,200,000 | 15,200,000 | |||||||||||||||||
Impairment amount of equity investment | 9,000,000 | ||||||||||||||||||
Phoenix FM Limited ("FM") [Member] | Ordinary Shares [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Percentage of ordinary shares owned by the Company | 100.00% | ||||||||||||||||||
Phoenix FM Limited ("FM") [Member] | IDG-Accel China Growth Fund L.P. and IDG-Accel China Investors L.P.("IDG-Accel Funds") [Member] | Convertible preferred shares [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Convertible preferred shares acquired | $ | $ 3,000,000 | ||||||||||||||||||
Shenzhenshi Fenghuang Jingcai Network Technology Co., Ltd. ("Fenghuang Jingcai") [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Gain on disposition of subsidiaries and acquisition of equity investments | ¥ 5,500,000 | ||||||||||||||||||
Carrying value of equity investment | ¥ 0 | 0 | |||||||||||||||||
Impairment amount of equity investment | ¥ 3,200,000 | $ 500,000 | |||||||||||||||||
Equity interests owned by the Company | 45.06% | ||||||||||||||||||
Shenzhenshi Fenghuang Jingcai Network Technology Co., Ltd. ("Fenghuang Jingcai") [Member] | Shikong Chuangyi (Beijing) Technology Culture Development Co. Ltd. and an individual investor [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Capital contribution injected by shareholders | ¥ 8,200,000 | ||||||||||||||||||
Percentage of equity interest acquired | 54.94% | ||||||||||||||||||
Particle [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Percentage of equity interests owned by the Company on an as-if converted basis | 46.95% | 18.42% | 46.95% | 18.42% | 46.95% | 18.42% | |||||||||||||
Particle [Member] | Ordinary Shares [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Percentage of equity interest acquired | 9.08% | 9.08% | 9.08% | ||||||||||||||||
Cash consideration | ¥ 31,200,000 | ¥ 31,200,000 | $ 5,000,000 | ||||||||||||||||
Fair value of ordinary shares of the Company transferred to acquire equity interests | 17,300,000 | 17,300,000 | $ 2,800,000 | ||||||||||||||||
Beijing Fenghuang Tianbo Network Technology Co., Ltd. ("Tianbo") [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Gain on disposition of subsidiaries and acquisition of equity investments | 6,200,000 | ||||||||||||||||||
Carrying value of equity investment | ¥ 9,600,000 | ¥ 14,300,000 | ¥ 9,600,000 | ¥ 14,300,000 | $ 1,500,000 | ||||||||||||||
Equity interests owned by the Company | 50.00% | 50.00% | 50.00% | ||||||||||||||||
Beijing Phoenix Lilita Information Technology Co., Ltd. ("Lilita") [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Percentage of equity interest acquired | 5.00% | 5.00% | |||||||||||||||||
Aggregate purchase price | ¥ 500,000 | $ 100,000 | |||||||||||||||||
Hangzhou Qike Technology Co., Ltd. [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Equity interests owned by the Company | 45.00% | 45.00% | |||||||||||||||||
Aggregate purchase price | ¥ 4,500,000 | $ 700,000 | |||||||||||||||||
Lifeix Inc. [Member] | |||||||||||||||||||
Schedule of Equity Investments [Line Items] | |||||||||||||||||||
Impairment amount of equity investment | ¥ 6,400,000 | $ 1,000,000 | |||||||||||||||||
Percentage of equity interest acquired | 0.30% | 0.30% | |||||||||||||||||
Aggregate purchase price | ¥ 6,100,000 | $ 1,000,000 |
X | ||||||||||
- Definition Aggregate purchase price to acquire equity interests of investee. No definition available.
|
X | ||||||||||
- Definition Amount of capital contribution injected by shareholders. No definition available.
|
X | ||||||||||
- Definition Cash consideration paid to acquire equity interests of investee. No definition available.
|
X | ||||||||||
- Definition Amount of convertible preferred shares acquired. No definition available.
|
X | ||||||||||
- Definition Amount of loan receivable. No definition available.
|
X | ||||||||||
- Definition Percentage of common stock of investees owned. No definition available.
|
X | ||||||||||
- Definition Percentage of equity interests entities acquired. No definition available.
|
X | ||||||||||
- Definition Percentage of equity interests of investee owned by entities on an as-if converted basis. No definition available.
|
X | ||||||||||
- Definition Schedule of Equity Investments [Line Items] No definition available.
|
X | ||||||||||
- Definition Value of common stock which were transferred to acquire equity interests of investee. No definition available.
|
X | ||||||||||
- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Equity Investments (Condensed financial information of equity method investments) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
|
Operating data: | |||||
Revenues | ¥ 67,752 | $ 10,459 | ¥ 12,944 | ||
Gross profit | 36,245 | 5,595 | 2,419 | ||
Net loss | (69,290) | (10,697) | (21,813) | ||
PNM's share of net loss, including impairments | (41,861) | $ (6,462) | (18,538) | ¥ 0 | |
Balance sheet data: | |||||
Current assets | 58,239 | 130,351 | $ 8,991 | ||
Non-current assets | 14,470 | 13,772 | 2,234 | ||
Current liabilities | ¥ 82,756 | ¥ 61,835 | $ 12,775 |
X | ||||||||||
- Definition Equity Method Investment, Summarized Financial Information, Balance Sheet [Abstract] No definition available.
|
X | ||||||||||
- Definition This item represents the income (loss) of equity investments and impairment of equity investments. No definition available.
|
X | ||||||||||
- Definition The amount of current assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of current liabilities reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of gross profit (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of noncurrent assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Other Non-Current Assets (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Other Non-Current Assets [Abstract] | |||
Rental deposits | ¥ 7,517 | $ 1,160 | ¥ 8,591 |
Non-current portion of prepayments to suppliers and other business related expenses | 10,229 | 1,579 | 4,751 |
Total | ¥ 17,746 | $ 2,739 | ¥ 13,342 |
X | ||||||||||
- Definition The amount of non-current portion of prepayments to suppliers and other business related expenses No definition available.
|
X | ||||||||||
- Definition The amount of rental deposits, one of other non-current assets No definition available.
|
X | ||||||||||
- Definition Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Accrued Expenses and Other Current Liabilities (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Accrued Expenses and Other Current Liabilities [Abstract] | |||
Deposits from advertising agencies | ¥ 14,031 | $ 2,166 | ¥ 25,203 |
Accrued professional fees | 4,482 | 692 | 3,929 |
General operating expenses payables | 59,702 | 9,216 | 52,988 |
Others | 2,676 | 413 | 4,187 |
Total | ¥ 80,891 | $ 12,487 | ¥ 86,307 |
X | ||||||||||
- Definition The amount of deposits from advertising agencies No definition available.
|
X | ||||||||||
- Definition The amount of general operating expenses payables No definition available.
|
X | ||||||||||
- Definition The amount of others of accrued expenses and other current liabilities No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Short-term Loans (Details) ¥ in Thousands, $ in Thousands |
1 Months Ended | |||
---|---|---|---|---|
Apr. 30, 2015 |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
|
Short-term Loans [Abstract] | ||||
Maturity of short-term loans | 12 months | |||
Interest rate of short-term loans | London InterBank Offered Rate ("LIBOR") plus 1.0% | |||
Short-term loans obtained from an offshore branch of a bank | ¥ 131,046 | $ 20,230 | ¥ 0 | |
Deposits pledged for short-term loans | ¥ 125,000 | $ 19,297 | ¥ 0 |
X | ||||||||||
- Definition Period before short-term loans mature, in 'PnYnMnDTnHnMnS' format. No definition available.
|
X | ||||||||||
- Definition Variable rate of short-term bank loans. No definition available.
|
X | ||||||||||
- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount at the balance sheet date of borrowings from a bank, not elsewhere enumerated in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Cost of Revenues (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|||
Cost of Revenues [Abstract] | ||||||
Revenue sharing fees | ¥ 216,972 | $ 33,495 | ¥ 192,076 | ¥ 249,797 | ||
Content and operational costs | 406,741 | 62,790 | 376,555 | 277,038 | ||
Bandwidth costs | 83,171 | 12,839 | 83,233 | 76,583 | ||
Sales taxes and surcharges | 122,502 | 18,911 | 129,768 | 92,937 | ||
Total | [1] | ¥ 829,386 | $ 128,035 | ¥ 781,632 | ¥ 696,355 | |
|
X | ||||||||||
- Definition Fees paid to mobile operators and other service providers for telecommunications services and for hosting servers at Internet data No definition available.
|
X | ||||||||||
- Definition Including salary expenses associated with content production and advertisement sales support staff, content procurement costs to third party professional media companies and to Phoenix TV, administrative costs related to in-house content production, channel testing costs, rental cost, depreciation and other operating costs No definition available.
|
X | ||||||||||
- Definition Including service fees retained by mobile telecommunications operators which are recognized as cost of revenues for revenues recorded on gross basis and revenue sharing fees paid to the company's channel partners No definition available.
|
X | ||||||||||
- Definition Sales taxes include business tax and value added tax. Business tax is imposed by the Chinese government on revenues we report for the provision of taxable services, transfers of intangible assets and sales of immovable properties. No definition available.
|
X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Income Taxes (Summary of provisions for income tax expense) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Income Taxes [Abstract] | ||||
Current tax expense | ¥ 36,915 | $ 5,699 | ¥ 51,603 | ¥ 42,863 |
Deferred tax benefit | (11,398) | (1,760) | (3,226) | (5,275) |
Income tax expense | ¥ 25,517 | $ 3,939 | ¥ 48,377 | ¥ 37,588 |
X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Components of income before tax and income tax expense for PRC and non-PRC operations) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Income Taxes [Abstract] | ||||
Income arising from PRC operations | ¥ 159,318 | $ 24,594 | ¥ 358,667 | ¥ 292,333 |
Profit/(loss) arising from non-PRC operations | (61,416) | (9,480) | (48,171) | 23,278 |
Income before tax | 97,902 | 15,114 | 310,496 | 315,611 |
Income tax expense relating to PRC operations | 25,510 | 3,938 | 48,281 | 37,573 |
Income tax expense relating to non-PRC operations | 7 | 1 | 96 | 15 |
Income tax expense | ¥ 25,517 | $ 3,939 | ¥ 48,377 | ¥ 37,588 |
Effective tax rate for PRC operations | 16.00% | 16.00% | 13.50% | 12.90% |
X | ||||||||||
- Definition A ratio calculated by dividing the reported amount of income tax expense attributable to domestic continuing operations for the period by GAAP-basis pretax income from domestic continuing operations. No definition available.
|
X | ||||||||||
- Definition Amount of current and deferred federal income tax expense (benefit) attributable to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current and deferred foreign income tax expense (benefit) attributable to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Narrative) (Details) ¥ in Millions, $ in Millions |
12 Months Ended | 24 Months Ended | 36 Months Ended | 60 Months Ended | 72 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013 |
Dec. 31, 2012 |
Dec. 31, 2017 |
Dec. 31, 2011 |
Dec. 31, 2010 |
Dec. 31, 2008 |
Dec. 31, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015
USD ($)
|
|
Hong Kong [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 16.50% | ||||||||||
PRC [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | 25.00% | 25.00% | ||||||||
State corporate income taxes before 2008, statutory rates | 30.00% | ||||||||||
Local corporate income taxes before 2008, statutory rates | 3.00% | ||||||||||
Transition period for FIEs to continue to enjoy existing preferential tax treatments | 5 years | ||||||||||
Tax rate uncertainty under Circular 157 issued by State Administration of Tax | In April 2010, the State Administration of Tax ("SAT") issued Circular 157, which seeks to provide additional guidance on the interaction of certain preferential tax rates under the transitional rules of the EIT Law. Prior to Circular 157, the Group interpreted the law to mean that if an entity was in a period where it was entitled to a 50% reduction in the tax rate and was also entitled to a 15% rate of tax due to HNTE status under the EIT Law, then it was entitled to pay tax at the rate of 7.5%. Circular 157 appears to have the effect that such an entity is entitled to pay tax at either 15% or 50% of the applicable PRC tax rate. The effect of Circular 157 is retrospective and would apply to 2008 and 2009. | ||||||||||
Aggregate undistributed earnings of the Group's entities located in the PRC | ¥ 959.7 | ¥ 838.1 | $ 148.2 | ||||||||
Unrecognized deferred tax liability on the permanently reinvested earnings | ¥ 96.0 | ¥ 83.8 | $ 14.8 | ||||||||
PRC [Member] | Yifeng Lianhe [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | 25.00% | 25.00% | ||||||||
PRC [Member] | Tianying Chuangzhi [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Fenghuang Mingdao [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Fenghuang Feiyang [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Fenghuang Interactive Entertainment [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Fenghuang Borui [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Qieyiyou [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Youjiuzhou [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Chenhuan [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Huanyou Tianxia [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Chengdu Huanyou [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Yixi [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Meowpaw [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Fenghuang Convergence [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | Jinhua Huyu[Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Statutory income tax rate | 25.00% | ||||||||||
PRC [Member] | New Technology Enterprise [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 15.00% | ||||||||||
Number of years of tax exemption | 3 years | ||||||||||
Reduction rate upon applicable EIT rates | 50.00% | ||||||||||
Number of years of tax rate reduction subsequent to years of tax exemption | 3 years | ||||||||||
PRC [Member] | New Technology Enterprise [Member] | Fenghuang On-line [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 7.50% | ||||||||||
Number of years of tax exemption | 3 years | ||||||||||
Reduction rate upon applicable EIT rates | 50.00% | ||||||||||
Number of years of tax rate reduction subsequent to years of tax exemption | 3 years | ||||||||||
PRC [Member] | High and New Technology Enterprises [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 15.00% | ||||||||||
PRC [Member] | High and New Technology Enterprises [Member] | Fenghuang On-line [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 15.00% | ||||||||||
PRC [Member] | High and New Technology Enterprises [Member] | Tianying Jiuzhou [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 15.00% | 15.00% | |||||||||
PRC [Member] | High and New Technology Enterprises [Member] | Yifeng Lianhe [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 15.00% | ||||||||||
PRC [Member] | Software Enterprise [Member] | Fenghuang Yutian [Member] | |||||||||||
Schedule of Income Taxes [Line Items] | |||||||||||
Preferential EIT rate | 12.50% |
X | ||||||||||
- Definition The tax rate of local corporate income taxes which companies established in China were generally subject to prior to January 1, 2008. No definition available.
|
X | ||||||||||
- Definition Pursuant to the income tax laws and rules prior to January 1, 2008, the number of years of tax exemption which an enterprise qualified as a "New Technology Enterprise" was entitled to. No definition available.
|
X | ||||||||||
- Definition Pursuant to the income tax laws and rules prior to January 1, 2008, the number of years of tax rate reduction subsequent to years of tax exemption which an enterprise qualified as a "New Technology Enterprise" was entitled to. No definition available.
|
X | ||||||||||
- Definition Pursuant to the income tax laws and rules prior to January 1, 2008, the preferential EIT rate which an enterprise qualified as a "New Technology Enterprise" was entitled to. No definition available.
|
X | ||||||||||
- Definition Pursuant to the income tax laws and rules prior to January 1, 2008, the reduction rate upon applicable EIT rates which an enterprise qualified as a "New Technology Enterprise" was entitled to. No definition available.
|
X | ||||||||||
- Definition Schedule of income taxes [Line Items] No definition available.
|
X | ||||||||||
- Definition The tax rate of state corporate income taxes which companies established in China were generally subject to prior to January 1, 2008. No definition available.
|
X | ||||||||||
- Definition The description of tax rate uncertainty under Circular 157 issued by State Administration of Tax. No definition available.
|
X | ||||||||||
- Definition The transition period for FIEs to continue to enjoy existing preferential tax treatments after new Corporate Income Tax Law ("EIT Law") was enacted. No definition available.
|
X | ||||||||||
- Definition Amount of deferred tax liability not recognized because of the exceptions to comprehensive recognition of deferred taxes related to undistributed earnings of foreign subsidiaries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Income Taxes (Reconciliation of differences between statutory tax rate and effective tax rate) (Details) - PRC [Member] |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Schedule of Income Taxes [Line Items] | |||
Statutory income tax rate | 25.00% | 25.00% | 25.00% |
Permanent differences | (2.70%) | (1.70%) | (1.50%) |
Change in valuation allowance | (0.90%) | 0.40% | 1.10% |
Effect of preferential tax benefits | (6.30%) | (11.50%) | (13.20%) |
Uncertain tax positions | 0.90% | 1.30% | 1.40% |
Others | 0.00% | 0.00% | 0.10% |
Effective income tax rate | 16.00% | 13.50% | 12.90% |
X | ||||||||||
- Definition Schedule of income taxes [Line Items] No definition available.
|
X | ||||||||||
- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible expenses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income tax contingencies. Includes, but not limited to, domestic tax contingency, foreign tax contingency, state and local tax contingency, and other contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income exempt from income tax because of a tax holiday. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Income Taxes (Combined effects of income tax expense exemption and reduction) (Details) ¥ / shares in Units, $ / shares in Units, ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
¥ / shares
|
Dec. 31, 2015
USD ($)
$ / shares
|
Dec. 31, 2014
CNY (¥)
¥ / shares
|
Dec. 31, 2013
CNY (¥)
¥ / shares
|
|
Income Taxes [Abstract] | ||||
Preferential tax rate effect | ¥ 10,073 | $ 1,555 | ¥ 41,157 | ¥ 38,534 |
Basic net income per share effect | (per share) | ¥ 0.02 | $ 0.003 | ¥ 0.07 | ¥ 0.06 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Tax effects of temporary differences, give rise to deferred tax assets and liabilities) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2012
CNY (¥)
|
---|---|---|---|---|---|---|
Deferred tax assets - current: | ||||||
Provision of allowance for doubtful accounts | ¥ 13,229 | $ 2,042 | ¥ 5,038 | |||
Accrued payroll and expenses and others | 22,734 | 3,510 | 19,527 | |||
Total current deferred tax assets | 35,963 | 5,552 | 24,565 | |||
Deferred tax assets - non-current: | ||||||
Net operating loss carryforward | 4,676 | 722 | 7,101 | |||
Less: valuation allowance | (4,676) | (722) | (7,101) | $ (1,096) | ¥ (5,569) | ¥ (1,743) |
Total non-current deferred tax assets, net | 0 | 0 | 0 | |||
Deferred tax liabilities - non-current: | ||||||
Equity investments acquired in disposition of subsidiaries | 1,312 | 203 | ¥ 1,312 | |||
Net operating loss carryforward | 18,700 | $ 2,900 | ||||
Net operating tax loss carryforward, expire in 2016 | 0 | |||||
Net operating tax loss carryforward, expire in 2017 | 3,600 | |||||
Net operating tax loss carryforward, expire in 2018 | 1,400 | |||||
Net operating tax loss carryforward, expire in 2019 | 5,200 | |||||
Net operating tax loss carryforward, expire in 2020 | ¥ 8,500 |
X | ||||||||||
- Definition Deferred Tax Liabilities, Noncurrent [Abstract] No definition available.
|
X | ||||||||||
- Definition The amount of the net operating tax loss carry forward, which will expire in five years. No definition available.
|
X | ||||||||||
- Definition The amount of the net operating tax loss carry forward, which will expire in four years. No definition available.
|
X | ||||||||||
- Definition The amount of the net operating tax loss carry forward, which will expire in one year. No definition available.
|
X | ||||||||||
- Definition The amount of the net operating tax loss carry forward, which will expire in three years. No definition available.
|
X | ||||||||||
- Definition The amount of the net operating tax loss carry forward, which will expire in two years. No definition available.
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from investments in unconsolidated subsidiaries and investments in other affiliates which are not controlled nor consolidated. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Movement of valuation allowance of deferred tax assets) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Income Taxes [Abstract] | ||||
Balance as of January 1 | ¥ 7,101 | $ 1,096 | ¥ 5,569 | ¥ 1,743 |
Current year addition/(reduction) | (2,425) | (374) | 1,532 | 3,826 |
Balance as of December 31 | ¥ 4,676 | $ 722 | ¥ 7,101 | ¥ 5,569 |
X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Reconciliation of liabilities associated with uncertain tax benefits) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Income Taxes [Abstract] | ||||
Balance as of January 1 | ¥ 16,867 | $ 2,604 | ¥ 12,231 | ¥ 7,996 |
Increase related to current year tax positions | 1,501 | 232 | 4,636 | 4,235 |
Balance as of December 31 | ¥ 18,368 | $ 2,836 | ¥ 16,867 | ¥ 12,231 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Ordinary Shares (Details) - $ / shares |
1 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
May. 17, 2011 |
Nov. 22, 2007 |
May. 31, 2008 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
Class of Stock [Line Items] | |||||
Ordinary shares, conversion features | The Parent, which is wholly owned by Phoenix TV, holds Class B ordinary shares, each of which is convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. | ||||
Ordinary Shares [Member] | |||||
Class of Stock [Line Items] | |||||
Shares, issued | 1 | 319,999,999 | |||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |||
Ordinary shares, authorized | 1,000,000,000 | ||||
ADS [Member] | |||||
Class of Stock [Line Items] | |||||
Shares, issued | 13,415,125 | ||||
Shares offered by preferred share shareholders | 1,267,500 | ||||
Class A ordinary shares [Member] | |||||
Class of Stock [Line Items] | |||||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |||
Ordinary shares, authorized | 680,000,000 | 680,000,000 | 680,000,000 | ||
Ordinary shares, voting rights | Holders of Class A ordinary shares are entitled to one vote per share | ||||
Ordinary shares, shares issued and outstanding | 253,250,854 | 260,204,642 | |||
Class B ordinary shares [Member] | |||||
Class of Stock [Line Items] | |||||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |||
Ordinary shares, authorized | 320,000,000 | 320,000,000 | 320,000,000 | ||
Ordinary shares, voting rights | Holders of Class B ordinary shares are entitled to 1.3 votes per share | ||||
Ordinary shares, shares issued and outstanding | 317,325,360 | 317,325,360 | |||
Class B ordinary shares [Member] | Phoenix TV [Member] | |||||
Class of Stock [Line Items] | |||||
Conversion among ordinary shares | 2,674,640 | ||||
Series A Preferred Shares [Member] | |||||
Class of Stock [Line Items] | |||||
Number of shares automatically converted to ordinary shares | 130,000,000 |
X | ||||||||||
- Definition Number of Class B ordinary shares converted into Class A ordinary shares for Phoenix TV to distribute the Class A ordinary shares to its shareholders in the assured entitlement distribution. No definition available.
|
X | ||||||||||
- Definition The amount of ADS which were offered by preferred share shareholders upon the completion of the Company's IPO. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Basis of conversion of convertible common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Description of voting rights of common stock. Includes eligibility to vote and votes per share owned. Include also, if any, unusual voting rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Share-based Compensation (Allocation of recognized period costs and expenses) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ||||
Share-based compensation recognized in costs and expenses | ¥ 34,354 | $ 5,304 | ¥ 53,181 | ¥ 16,723 |
Cost of revenues [Member] | ||||
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ||||
Share-based compensation recognized in costs and expenses | 6,335 | 978 | 16,295 | 7,293 |
Sales and marketing expenses [Member] | ||||
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ||||
Share-based compensation recognized in costs and expenses | 3,043 | 470 | 10,200 | 3,922 |
General and administrative expenses [Member] | ||||
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ||||
Share-based compensation recognized in costs and expenses | 21,836 | 3,371 | 20,927 | 3,662 |
Technology and product development expenses [Member] | ||||
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ||||
Share-based compensation recognized in costs and expenses | ¥ 3,140 | $ 485 | ¥ 5,759 | ¥ 1,846 |
X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Share-based Compensation (Effects of changes to forfeiture rate) (Details) - Change in forfeiture rate [Member] ¥ in Millions |
12 Months Ended |
---|---|
Dec. 31, 2015
CNY (¥)
| |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
Decreased share-based compensation | ¥ 18.0 |
Decrease in share-based compensation for the years ended December 31, 2016 | 5.1 |
Decrease in share-based compensation for the years ended December 31, 2017 | 2.4 |
Decrease in share-based compensation for the years ended December 31, 2018 | ¥ 0.6 |
X | ||||||||||
- Definition Decrease in share-based compensation expense due to the effects of changes to the forfeiture rate this period. No definition available.
|
X | ||||||||||
- Definition Decrease in share-based compensation expense due to the effects of changes to the forfeiture rate during the next fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Decrease in share-based compensation expense due to the effects of changes to the forfeiture rate during the third fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Decrease in share-based compensation expense due to the effects of changes to the forfeiture rate during the second fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Share-based Compensation (Share options, June 2008 scheme) (Details) |
12 Months Ended |
---|---|
Dec. 31, 2015
shares
| |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
Maximum percentage of ordinary shares in issue upon exercise of all outstanding options granted and yet to be exercised | 30.00% |
Share Option Scheme, June 2008 Scheme [Member] | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
Maximum percentage of ordinary shares in issue on effective date of option scheme ("Limit") | 10.00% |
Maximum percentage of ordinary shares in issue on effective date of limit as refreshed ("Refreshed Limit") | 10.00% |
Maximum number of additional options authorized to grant | 31,410,107 |
Share options, expiration period (in years) | 10 years |
X | ||||||||||
- Definition Maximum percentage of ordinary shares in issue on effective date of limit as refreshed ("Refreshed Limit") No definition available.
|
X | ||||||||||
- Definition Maximum percentage of ordinary shares in issue on effective date of option scheme ("Limit") No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Number of additional shares authorized for issuance under an established share-based compensation plan. No definition available.
|
X | ||||||||||
- Definition Maximum number of shares that may be issued in accordance with the plan as a proportion of outstanding capital stock. No definition available.
|
X | ||||||||||
- Definition Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Share-based Compensation (Share option activities) (Details) $ / shares in Units, $ in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015
USD ($)
years
$ / shares
shares
|
Dec. 31, 2014
USD ($)
years
$ / shares
shares
|
Dec. 31, 2013
USD ($)
years
$ / shares
shares
|
|
Number of Options | |||
Number of Options, Outstanding, Beginning Balance | shares | 50,267,007 | 39,770,121 | 13,997,069 |
Number of Options, Granted | shares | 8,020,000 | 21,052,758 | 30,732,900 |
Number of Options, Forfeited and expired | shares | (8,379,197) | (4,013,850) | (1,408,938) |
Number of Options, Exercised | shares | (3,790,280) | (6,542,022) | (3,550,910) |
Number of Options, Outstanding, Ending Balance | shares | 46,117,530 | 50,267,007 | 39,770,121 |
Number of Options, Exercisable | shares | 19,685,325 | ||
Number of Options, Vested and expected to vest | shares | 38,650,898 | ||
Weighted Average Exercise Price | |||
Weighted Average Exercise Price, Outstanding, Beginning Balance | $ / shares | $ 0.79 | $ 0.44 | $ 0.03 |
Weighted Average Exercise Price, Granted | $ / shares | 0.92 | 1.30 | 0.58 |
Weighted Average Exercise Price, Forfeited and expired | $ / shares | 1.03 | 0.91 | 0.44 |
Weighted Average Exercise Price, Exercised | $ / shares | 0.36 | 0.23 | 0.03 |
Weighted Average Exercise Price, Outstanding, Ending Balance | $ / shares | 0.81 | $ 0.79 | $ 0.44 |
Weighted Average Exercise Price, Exercisable | $ / shares | 0.58 | ||
Weighted Average Exercise Price, Vested and expected to vest | $ / shares | $ 0.76 | ||
Weighted Average Remaining Contractual Life | |||
Weighted Average Remaining Contractual Life, Outstanding, Beginning Balance | years | 8.2 | 8.1 | 5.4 |
Weighted Average Remaining Contractual Life, Outstanding, Ending Balance | years | 7.5 | 8.2 | 8.1 |
Weighted Average Remaining Contractual Life, Exercisable | years | 6.2 | ||
Weighted Average Remaining Contractual Life, Vested and expected to vest | years | 7.3 | ||
Aggregate Intrinsic Value | |||
Aggregate Intrinsic Value, Outstanding, Beginning Balance | $ | $ 17.6 | $ 30.2 | $ 5.9 |
Aggregate Intrinsic Value, Exercised | $ | 1.5 | 7.1 | 3.6 |
Aggregate Intrinsic Value, Outstanding, Ending Balance | $ | 7.6 | $ 17.6 | $ 30.2 |
Aggregate Intrinsic Value, Exercisable | $ | 6.2 | ||
Aggregate Intrinsic Value, Vested and expected to vest | $ | $ 7.3 |
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Aggregate Intrinsic Value [Abstract] No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Number of Options [Abstract] No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Exercise Price [Abstract] No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Remaining Contractual Life [Abstract] No definition available.
|
X | ||||||||||
- Definition Weighted average remaining contractual term for option awards exercisable. No definition available.
|
X | ||||||||||
- Definition Weighted average remaining contractual term for option awards outstanding. No definition available.
|
X | ||||||||||
- Definition Weighted average remaining contractual term for option awards vested and expected to vest. No definition available.
|
X | ||||||||||
- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average price of options that were either forfeited or expired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Gross number of share options (or share units) granted during the period. No definition available.
|
X | ||||||||||
- Definition Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of fully vested and expected to vest options that are exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition As of the balance sheet date, the weighted-average exercise price (at which grantees can acquire the shares reserved for issuance) for exercisable stock options that are fully vested or expected to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
X | ||||||||||
- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
|
X | ||||||||||
- Definition Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Share-based Compensation (Share options, additional information) (Details) $ / shares in Units, ¥ in Thousands, $ in Thousands |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
$ / shares
|
Dec. 31, 2014
CNY (¥)
shares
|
Dec. 31, 2014
$ / shares
shares
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Recognized share-based compensation | ¥ 34,354 | $ 5,304 | ¥ 53,181 | ¥ 16,723 | ||
Share Options [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Weighted-average grant date fair value of options granted (US$ per share) | $ 0.46 | $ 0.67 | ||||
Recognized share-based compensation | 34,400 | $ 5,300 | ¥ 53,000 | ¥ 16,800 | ||
Unrecognized share-based compensation for options | ¥ 36,300 | $ 5,600 | ||||
Period for recognition | 2 years 3 months 18 days | 2 years 3 months 18 days | ||||
Share Options [Member] | Former employees [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Proceeds received from exercise of options | ¥ 1,500 | $ 200 | ||||
Shares issued to former employees after IPO (number of shares) | shares | 4,934,565 | 4,934,565 | ||||
Contingently issuable shares to be issued upon former employees' request (number of shares) | shares | 1,777,826 | 1,799,001 | 1,799,001 | 1,777,826 | ||
ADS [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Closing stock price (US$ per share) | $ 6.02 | |||||
Ordinary Shares [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Closing stock price (US$ per share) | $ 0.75 |
X | ||||||||||
- Definition Aggregate proceeds received by the entity at the end of reporting period from exercises of contingently issuable shares granted under equity-based payment arrangements. No definition available.
|
X | ||||||||||
- Definition Aggregate shares at the end of reporting period from exercises of contingently issuable shares granted under equity-based payment arrangements. No definition available.
|
X | ||||||||||
- Definition The number of shares into which fully or partially vested contingently issuable shares outstanding as of the balance sheet date can be currently converted under the option plan. No definition available.
|
X | ||||||||||
- Definition The closing stock price as of the period end for calculating the aggregate intrinsic value of options outstanding and exercisable as of the period end No definition available.
|
X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Unrecognized cost of unvested options awarded to employees as compensation. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Share-based Compensation (Share option assumptions) (Details) |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Expected dividend yield (as a percent) | 0.00% | 0.00% | 0.00% |
Expected term (years) | 6 years 1 month 28 days | ||
Minimum [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Expected volatility rate (as a percent) | 54.23% | 56.10% | 57.60% |
Expected term (years) | 5 years 10 months 28 days | 5 years 9 months 22 days | |
Risk-free interest rate (per annum) (as a percent) | 1.90% | 1.43% | 1.54% |
Maximum [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Expected volatility rate (as a percent) | 54.32% | 57.50% | 58.42% |
Expected term (years) | 6 years 1 month 28 days | 6 years 1 month 28 days | |
Risk-free interest rate (per annum) (as a percent) | 1.98% | 1.88% | 1.88% |
X | ||||||||||
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Share-based Compensation (Restricted share units) (Details) |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Mar. 17, 2011
shares
|
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
CNY (¥)
shares
|
Dec. 31, 2014
USD ($)
$ / shares
shares
|
Dec. 31, 2013
CNY (¥)
shares
|
Dec. 31, 2013
USD ($)
$ / shares
shares
|
|
Weighted-Average Grant-Date Fair Value | |||||||
Recognized share-based compensation | ¥ 34,354,000 | $ 5,304,000 | ¥ 53,181,000 | ¥ 16,723,000 | |||
Restricted Share Units (RSUs) [Member] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||
Award vesting period (in years) | 4 years | ||||||
Number of Units | |||||||
Number of Shares, Unvested, Beginning Balance | shares | 32,500 | 32,500 | 425,579 | 425,579 | 1,687,178 | 1,687,178 | |
Number of Units, Granted | shares | 10,050,958 | 0 | 0 | 0 | 0 | 0 | 0 |
Number of Units, Vested | shares | (32,500) | (32,500) | (386,763) | (386,763) | (1,156,282) | (1,156,282) | |
Number of Units, Forfeited | shares | 0 | 0 | (6,316) | (6,316) | (105,317) | (105,317) | |
Number of Shares, Unvested, Ending Balance | shares | 0 | 0 | 32,500 | 32,500 | 425,579 | 425,579 | |
Weighted-Average Grant-Date Fair Value | |||||||
Weighted-Average Grant-Date Fair Value, Unvested, Beginning Balance | $ / shares | $ 1.07 | $ 1.07 | $ 1.07 | ||||
Weighted-Average Grant-Date Fair Value, Granted | $ / shares | 0 | 0 | 0 | ||||
Weighted-Average Grant-Date Fair Value, Vested | $ / shares | 1.07 | 1.07 | 1.07 | ||||
Weighted-Average Grant-Date Fair Value, Forfeited | $ / shares | 0 | 1.07 | 1.07 | ||||
Weighted-Average Grant-Date Fair Value, Unvested, Ending Balance | $ / shares | $ 0 | $ 1.07 | $ 1.07 | ||||
Recognized share-based compensation | ¥ 1,000 | $ 200 | ¥ 300,000 | ¥ 1,300,000 | |||
Unrecognized share-based compensation | ¥ | ¥ 0 | ||||||
Total fair value of restricted share units vested | $ | $ 30,000 | $ 400,000 | $ 1,200,000 |
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Number of Shares [Abstract] No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Weighted-Average Grant-Date Fair Value [Abstract] No definition available.
|
X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Share-based Compensation (Restricted shares) (Details) $ / shares in Units, $ in Thousands |
12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Mar. 17, 2011
USD ($)
employees
$ / shares
shares
|
Mar. 15, 2011
shares
|
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
CNY (¥)
shares
|
Dec. 31, 2014
USD ($)
$ / shares
shares
|
Dec. 31, 2013
CNY (¥)
shares
|
Dec. 31, 2013
USD ($)
$ / shares
shares
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
Number of stock options cancelled | shares | 18,778,200 | |||||||
Weighted-Average Grant-Date Fair Value | ||||||||
Recognized share-based compensation | ¥ 34,354,000 | $ 5,304 | ¥ 53,181,000 | ¥ 16,723,000 | ||||
Ordinary Shares [Member] | ||||||||
Weighted-Average Grant-Date Fair Value | ||||||||
Fair value of underlying ordinary shares | $ 1.14 | |||||||
Restricted Shares [Member] | ||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
Restricted shares, number of employees granted | employees | 22 | |||||||
Award vesting period (in years) | 4 years | |||||||
Incremental share-based compensation | $ | $ 500 | |||||||
Total amount of unrecognized share-based compensation of unvested option and incremental share-based compensation | $ | 2,200 | |||||||
Total amount of unrecognized share-based compensation of unvested option and incremental share-based compensation, recognized immediately | $ | 200 | |||||||
Total amount of unrecognized share-based compensation of unvested option and incremental share-based compensation, recognized during rest of vesting period of restricted share | $ | $ 2,000 | |||||||
Number of Shares | ||||||||
Number of Shares, Unvested, Beginning Balance | shares | 0 | 0 | 845,000 | 845,000 | 4,759,780 | 4,759,780 | ||
Number of Shares, Granted | shares | 19,008,200 | 0 | 0 | 0 | 0 | 0 | 0 | |
Number of Shares, Vested | shares | 0 | 0 | (676,250) | (676,250) | (2,864,780) | (2,864,780) | ||
Number of Shares, Forfeited | shares | 0 | 0 | (168,750) | (168,750) | (1,050,000) | (1,050,000) | ||
Number of Shares, Unvested, Ending Balance | shares | 0 | 0 | 0 | 0 | 845,000 | 845,000 | ||
Weighted-Average Grant-Date Fair Value | ||||||||
Weighted-Average Grant-Date Fair Value, Unvested, Beginning Balance | $ 0 | $ 1.07 | $ 1.07 | |||||
Weighted-Average Grant-Date Fair Value, Granted | 0 | 0 | 0 | |||||
Weighted-Average Grant-Date Fair Value, Vested | 0 | 1.07 | 1.07 | |||||
Weighted-Average Grant-Date Fair Value, Forfeited | 0 | 1.07 | 1.07 | |||||
Weighted-Average Grant-Date Fair Value, Unvested, Ending Balance | $ 0 | $ 0 | $ 1.07 | |||||
Recognized share-based compensation | ¥ | ¥ 0 | ¥ (100,000) | ¥ (1,300,000) | |||||
Unrecognized share-based compensation | ¥ | ¥ 0 | |||||||
Total fair value of restricted share vested | $ | $ 0 | $ 700 | $ 3,100 | |||||
Restricted Shares and Restricted Share Units [Member] | ||||||||
Weighted-Average Grant-Date Fair Value | ||||||||
Fair value of restricted shares and restricted share units | $ 1.07 |
X | ||||||||||
- Definition The fair value of the underlying ordinary shares. No definition available.
|
X | ||||||||||
- Definition The fair value of restricted shares and restricted share units. No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Number of Shares [Abstract] No definition available.
|
X | ||||||||||
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Weighted-Average Grant-Date Fair Value [Abstract] No definition available.
|
X | ||||||||||
- Definition Gross number of share options (or share units) cancelled to grant restricted share during the period. No definition available.
|
X | ||||||||||
- Definition The total amount of unrecognized share based compensation of unvested option and incremental share based compensation. No definition available.
|
X | ||||||||||
- Definition The total amount of unrecognized share based compensation of unvested option and incremental share based compensation, recognized during rest of vesting period of restricted share. No definition available.
|
X | ||||||||||
- Definition The total amount of unrecognized share based compensation of unvested option and incremental share based compensation, recognized immediately. No definition available.
|
X | ||||||||||
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition An excess of the fair value of the modified award over the fair value of the award immediately before the modification. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of employees affected by the modification of an equity-based compensation plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Segments (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
segments
|
Dec. 31, 2015
USD ($)
segments
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
||||
Segment Reporting Information [Line Items] | |||||||
Number of principal operating segments | 2 | 2 | |||||
Revenues | [1] | ¥ 1,609,196 | $ 248,418 | ¥ 1,637,860 | ¥ 1,424,475 | ||
Cost of revenues | [1] | (829,386) | (128,035) | (781,632) | (696,355) | ||
Gross profit | 779,810 | 120,383 | 856,228 | 728,120 | |||
Net advertising services [Member] | |||||||
Segment Reporting Information [Line Items] | |||||||
Revenues | 1,226,516 | 189,342 | 1,190,158 | 863,737 | |||
Cost of revenues | (557,421) | (86,051) | (522,553) | (379,868) | |||
Gross profit | 669,095 | 103,291 | 667,605 | 483,869 | |||
Paid services [Member] | |||||||
Segment Reporting Information [Line Items] | |||||||
Revenues | 382,680 | 59,076 | 447,702 | 560,738 | |||
Cost of revenues | (271,965) | (41,984) | (259,079) | (316,487) | |||
Gross profit | ¥ 110,715 | $ 17,092 | ¥ 188,623 | ¥ 244,251 | |||
|
X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. No definition available.
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Deconsolidation (Details) ¥ in Thousands, $ in Thousands |
1 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Schedule of Deconsolidation [Line Items] | |||||
Gain on deconsolidation of previously consolidated subsidiary | ¥ 0 | $ 0 | ¥ 29,660 | ¥ 0 | |
Tianbo [Member] | |||||
Schedule of Deconsolidation [Line Items] | |||||
Percentage of equity interest before deconsolidation | 51.00% | 51.00% | |||
Portion of equity interests sold in previously consolidated subsidiary | 1.00% | ||||
Percentage of retained equity interests in previously consolidated subsidiary | 50.00% | 50.00% | |||
Gain on deconsolidation of previously consolidated subsidiary | ¥ 6,200 | ||||
Cash consideration of deconsolidation of previously consolidated subsidiary | 200 | ||||
Fair value of retained equity interest in previously consolidated subsidiary on the date the subsidiary was deconsolidated | 13,100 | ¥ 13,100 | |||
Carrying amount of noncontrolling interest in the former subsidiary | 2,900 | 2,900 | |||
Carrying amount of former subsidiary's net assets | ¥ 10,000 | ¥ 10,000 |
X | ||||||||||
- Definition Carrying amount of former subsidiary's net assets No definition available.
|
X | ||||||||||
- Definition Carrying amount of noncontrolling interest in the former subsidiary. No definition available.
|
X | ||||||||||
- Definition Fair value of retained equity interest in previously consolidated subsidiary on the date the subsidiary was deconsolidated. No definition available.
|
X | ||||||||||
- Definition Percentage of equity interest before deconsolidation. No definition available.
|
X | ||||||||||
- Definition Portion of equity interests sold in previously consolidated subsidiary which resulted in loss of control. No definition available.
|
X | ||||||||||
- Definition Schedule of deconsolidation [Line Items] No definition available.
|
X | ||||||||||
- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow associated with the deconsolidation of a previously consolidated subsidiary or the sale of investment in consolidated subsidiaries (generally greater than 50 percent). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Fair Value Measurements (Financial instruments measured at fair value by level within the fair value hierarchy) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Assets: | |||
Term deposits and short term investments | ¥ 769,681 | ¥ 40,000 | |
Available-for-sale investments | 513,994 | $ 79,347 | 77,093 |
Restricted cash | 125,000 | ||
Liabilities: | |||
Short-term loans | 131,046 | ||
Quote Prices in Active Market for Identical Assets (Level 1) [Member] | |||
Assets: | |||
Term deposits and short term investments | 0 | 0 | |
Available-for-sale investments | 0 | 0 | |
Restricted cash | 125,000 | ||
Liabilities: | |||
Short-term loans | 0 | ||
Significant Other Observable Inputs (Level 2) [Member] | |||
Assets: | |||
Term deposits and short term investments | 769,681 | 40,000 | |
Available-for-sale investments | 0 | 0 | |
Restricted cash | 0 | ||
Liabilities: | |||
Short-term loans | 131,046 | ||
Significant Unobservable Inputs (Level 3) [Member] | |||
Assets: | |||
Term deposits and short term investments | 0 | 0 | |
Available-for-sale investments | 513,994 | ¥ 77,093 | |
Restricted cash | 0 | ||
Liabilities: | |||
Short-term loans | ¥ 0 |
X | ||||||||||
- Definition Fair value of restricted cash No definition available.
|
X | ||||||||||
- Definition Fair value of term deposits and short term investments. No definition available.
|
X | ||||||||||
- Definition Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Fair value portion of contractual obligation to pay money on demand or on fixed or determinable dates. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Fair Value Measurements (Reconciliation of fair value measurements using significant unobservable inputs (level 3)) (Details) - Available-for-sale investments [Member] - CNY (¥) ¥ in Thousands |
12 Months Ended | |
---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
|
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
Beginning balance | ¥ 77,093 | ¥ 0 |
Initial investments | 36,810 | |
Additional investments | 352,008 | |
Additional investments obtained from conversion of ordinary shares | 40,538 | |
Change in fair value | 15,869 | 40,283 |
Currency translation adjustment | 28,486 | |
Ending balance | ¥ 513,994 | ¥ 77,093 |
X | ||||||||||
- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Additional Investments No definition available.
|
X | ||||||||||
- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Additional Investments Obtained from Conversion of Ordinary Shares No definition available.
|
X | ||||||||||
- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Change in Fair Value No definition available.
|
X | ||||||||||
- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Currency Translation Adjustment No definition available.
|
X | ||||||||||
- Definition Amount of initial investments of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Fair Value Measurements (Key inputs used in available-for-sale investments valuation) (Details) - Available-for-sale investments [Member] - Level 3 [Member] |
12 Months Ended | |
---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
|
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Discounted rate | 25.50% | 28.00% |
Lack of marketability discount ("DLOM") | 26.00% | 35.00% |
Volatility | 50.30% | 57.70% |
X | ||||||||||
- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Adjustment to the discount rate used to measure fair value for lack of ability to convert business interests into cash quickly. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Net Income per Share (Details) ¥ / shares in Units, $ / shares in Units, ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2015
USD ($)
$ / shares
shares
|
Dec. 31, 2014
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2013
CNY (¥)
¥ / shares
shares
|
|
Numerator: | ||||
Net income attributable to Phoenix New Media Limited | ¥ 73,584 | $ 11,360 | ¥ 263,091 | ¥ 279,554 |
Numerator: | ||||
Net income attributable to Phoenix New Media Limited | ¥ 73,584 | $ 11,360 | ¥ 263,091 | ¥ 279,554 |
Class A and Class B ordinary share [Member] | ||||
Denominator: | ||||
Weighted average number of shares outstanding | 569,058,424 | 569,058,424 | 595,521,893 | 602,991,298 |
Weighted average number of contingently issuable shares | 2,189,299 | 2,189,299 | 2,094,730 | 2,997,099 |
Denominator used in computing net income per share - basic | 571,247,723 | 571,247,723 | 597,616,623 | 605,988,397 |
Net income per share - basic | (per share) | ¥ 0.13 | $ 0.02 | ¥ 0.44 | ¥ 0.46 |
Denominator: | ||||
Denominator used in computing net income per share - basic | 571,247,723 | 571,247,723 | 597,616,623 | 605,988,397 |
Share-based awards | 9,537,533 | 9,537,533 | 17,003,487 | 16,432,062 |
Denominator used in computing net income per share - diluted | 580,785,256 | 580,785,256 | 614,620,110 | 622,420,459 |
Net income per share - diluted | (per share) | ¥ 0.13 | $ 0.02 | ¥ 0.43 | ¥ 0.45 |
ADS (1 ADS represents 8 Class A ordinary shares) [Member] | ||||
Denominator: | ||||
Denominator used in computing net income per share - basic | 71,405,965 | 71,405,965 | 74,702,078 | 75,748,550 |
Net income per share - basic | (per share) | ¥ 1.03 | $ 0.16 | ¥ 3.52 | ¥ 3.69 |
Denominator: | ||||
Denominator used in computing net income per share - basic | 71,405,965 | 71,405,965 | 74,702,078 | 75,748,550 |
Denominator used in computing net income per share - diluted | 72,598,157 | 72,598,157 | 76,827,514 | 77,802,557 |
Net income per share - diluted | (per share) | ¥ 1.01 | $ 0.16 | ¥ 3.42 | ¥ 3.59 |
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Shares issuable for little or no cash consideration upon the satisfaction of certain conditions (contingently issuable shares) are considered outstanding common shares and included in the computation of basic Earnings Per Share as of the date that all necessary conditions have been satisfied (in essence, when issuance of the shares is no longer contingent). Outstanding common shares that are contingently returnable (that is, subject to recall) are treated in the same manner as contingently issuable shares. Contingently issuable shares include shares that (a) will be issued in the future upon the satisfaction of specified conditions, (b) have been placed in escrow and all or part must be returned if specified conditions are not met, or (c) have been issued but the holder must return all or part if specified conditions are not met. The number of contingently issuable shares is determined by relating the portion of time within a reporting period that these shares have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Net Income per Share (Narrative) (Details) - shares |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Options to purchase ordinary shares [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Anti-dilutive securities excluded from computation of diluted net income per share (number of shares) | 29,572,888 | 27,823,275 | 7,371,269 |
X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Treasury Stock (Details) - ADS [Member] ¥ in Millions, $ in Millions |
1 Months Ended | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jul. 30, 2012
USD ($)
|
May. 31, 2014
USD ($)
|
Dec. 31, 2015
CNY (¥)
shares
|
Dec. 31, 2015
USD ($)
shares
|
Dec. 31, 2014
CNY (¥)
shares
|
Dec. 31, 2014
USD ($)
shares
|
Dec. 31, 2013
CNY (¥)
shares
|
Dec. 31, 2013
USD ($)
shares
|
Dec. 31, 2012
CNY (¥)
shares
|
Dec. 31, 2012
USD ($)
shares
|
Dec. 31, 2015
USD ($)
shares
|
Dec. 31, 2013
USD ($)
shares
|
|
Share Repurchase Program [Member] | ||||||||||||
Equity, Class of Treasury Stock [Line Items] | ||||||||||||
Share repurchase program, authorized amount | $ | $ 20.0 | |||||||||||
Share repurchase program, period in force | 12 months | |||||||||||
Share repurchase program, shares, repurchased during period | 2,524,574 | 2,524,574 | 2,273,695 | 2,273,695 | ||||||||
Share repurchase program, consideration, repurchased during period | ¥ 72.6 | $ 11.7 | ¥ 52.5 | $ 8.3 | ||||||||
Aggregate shares repurchased, number of shares | 4,798,269 | 4,798,269 | ||||||||||
Shares repurchased, consideration | ¥ 125.1 | $ 20.0 | ||||||||||
Aggregate consideration of cancellation of repurchased shares | 126.6 | 20.2 | ||||||||||
Cancellation fees | ¥ 1.5 | $ 0.2 | ||||||||||
New Share Repurchases Program [Member] | ||||||||||||
Equity, Class of Treasury Stock [Line Items] | ||||||||||||
Share repurchase program, authorized amount | $ | $ 50.0 | |||||||||||
Share repurchase program, period in force | 12 months | |||||||||||
Share repurchase program, shares, repurchased during period | 1,347,071 | 1,347,071 | 4,021,073 | 4,021,073 | ||||||||
Share repurchase program, consideration, repurchased during period | ¥ 65.9 | $ 10.8 | ¥ 241.3 | $ 39.2 | ||||||||
Aggregate shares repurchased, number of shares | 5,368,144 | 5,368,144 | ||||||||||
Aggregate consideration of cancellation of repurchased shares | ¥ 308.9 | $ 50.3 | ||||||||||
Cancellation fees | ¥ 1.7 | $ 0.3 |
X | ||||||||||
- Definition Aggregate consideration of cancellation of repurchased shares including cancellation fees. No definition available.
|
X | ||||||||||
- Definition Number of shares that have been repurchased at the balance sheet day and are being held in treasury. No definition available.
|
X | ||||||||||
- Definition The cost of common and preferred stock that were repurchased. No definition available.
|
X | ||||||||||
- Definition Amount of cancellation fees in treasury stock cancellation. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of stock repurchase plan authorized. No definition available.
|
X | ||||||||||
- Definition Period which shares may be purchased under a stock repurchase plan authorized by an entity's Board of Directors, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Commitments and Contingencies (Commitments) (Details) ¥ in Thousands |
Dec. 31, 2015
CNY (¥)
|
|||
---|---|---|---|---|
Rental [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | ¥ 42,092 | |||
2017 | 20,441 | |||
2018 | 3,356 | |||
2019 | 1,145 | |||
2020 and thereafter | 0 | |||
Total | 67,034 | |||
Bandwidth Purchases [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | 22,781 | |||
2017 | 6,955 | |||
2018 | 0 | |||
2019 | 0 | |||
2020 and thereafter | 0 | |||
Total | 29,736 | |||
Cooperation with Phoenix TV Group [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | 1,526 | [1] | ||
2017 | 0 | [1] | ||
2018 | 0 | [1] | ||
2019 | 0 | [1] | ||
2020 and thereafter | 0 | [1] | ||
Total | 1,526 | [1] | ||
Content Purchases [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | 20,398 | |||
2017 | 5,929 | |||
2018 | 2,795 | |||
2019 | 1,587 | |||
2020 and thereafter | 691 | |||
Total | 31,400 | |||
Property and Equipment, and Intangible Assets [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | 193 | |||
2017 | 52 | |||
2018 | 0 | |||
2019 | 0 | |||
2020 and thereafter | 0 | |||
Total | 245 | |||
Others [Member] | ||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||
2016 | 2,518 | |||
2017 | 200 | |||
2018 | 60 | |||
2019 | 60 | |||
2020 and thereafter | 25 | |||
Total | 2,863 | |||
2016 | 89,508 | |||
2017 | 33,577 | |||
2018 | 6,211 | |||
2019 | 2,792 | |||
2020 and thereafter | 716 | |||
Total | ¥ 132,804 | |||
|
X | ||||||||||
- Definition Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in and after the fifth fiscal year following the latest fiscal year. No definition available.
|
X | ||||||||||
- Definition Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the fixed and determinable portion of the unrecorded unconditional purchase obligation maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the unrecorded obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Commitments and Contingencies (Narrative) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2010
CNY (¥)
|
|
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||||
Rental expenses | ¥ 41,100 | $ 6,300 | ¥ 39,800 | ¥ 37,800 | ||
Uncertain tax positions | ¥ 18,368 | ¥ 16,867 | $ 2,836 | |||
Phoenix TV [Member] | ||||||
Unrecorded Unconditional Purchase Obligation [Line Items] | ||||||
Percentage of revenue generated from certain contents provided by Phoenix TV Group, group will pay (as a percent) | 50.00% | 50.00% | ||||
Fixed amount of payment to cover other services provided by Phoenix TV Group, group will pay for the first year | ¥ 1,600 | |||||
Percentage of annual growth on fixed amount of payment, group will pay | 25.00% | 25.00% |
X | ||||||||||
- Definition The fixed amount of payment to cover other services provided by Phoenix TV Group, which group will pay for the first year. No definition available.
|
X | ||||||||||
- Definition The percentage of annual growth on fixed amount of payment, which group will pay. No definition available.
|
X | ||||||||||
- Definition Percentage of revenues generated from sales of Phoenix TV's video content paid to Phoenix TV, which is recorded in cost of revenues. No definition available.
|
X | ||||||||||
- Definition The noncurrent portion of the amount recognized for uncertain tax positions as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
Related Party Transactions (Details) |
12 Months Ended |
---|---|
Dec. 31, 2015 | |
Entities within the non US listed part of the Phoenix TV Group [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Under common control by Phoenix TV |
CMCC [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | A shareholder of Phoenix TV |
Beijing Phoenix Lilita Information Technology Co., Ltd. ("Lilita") [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Cost method investee, related party of Phoenix TV Group |
Beijing Fenghuang Tianbo Network Technology Co., Ltd. ("Tianbo") [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Equity method investee |
Phoenix FM Limited ("FM") [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Equity method investee |
Shenzhenshi Fenghuang Jingcai Network Technology Co., Ltd. ("Fenghuang Jingcai") [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Equity method investee |
Particle Inc. ("Particle") [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Available-for-sale method investee |
Hangzhou Qike Technology Co., Ltd. [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Equity method investee |
Lifeix Inc. [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Cost method investee |
Mr. Gao Ximin and Mr. Qiao Haiyan [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Legal shareholders of Tianying Jiuzhou, employees of the Group |
Mr. He Yansheng [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Legal shareholder of Yifeng Lianhe, employee of the Group |
Mr. Wu Haipeng and Mr. He Yansheng [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Legal shareholders of Chenhuan, employees of the Group |
Ms. Shang Xiaowei and Ms. Shi Xueyi [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Legal shareholders of Huanyou Tianxia, employees of the Group |
Mr. Chen Ming and Mr. Zou Ming [Member] | |
Related Party Transaction [Line Items] | |
Relationships with Group | Legal shareholders of You Jiuzhou, employees of the Group |
X | ||||||||||
- Definition The description of the major related parties' relationship with group. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Related Party Transactions (Transactions with Non US Listed Part of Phoenix TV Group and CMCC) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Related Party Transaction [Line Items] | ||||
Advertising and promotion expenses charged by related party | ¥ (1,788) | $ (276) | ¥ (1,246) | ¥ (1,040) |
Corporate administrative expenses charged by related party | (1,812) | (280) | (354) | (404) |
Advertising revenues earned from related party | 71,048 | 10,969 | 55,565 | 45,127 |
Paid service revenues earned from and through related party | 276,712 | 42,717 | 291,610 | 413,407 |
Phoenix TV Group [Member] | ||||
Related Party Transaction [Line Items] | ||||
Contents provided by related party | (4,730) | (730) | (3,757) | (3,477) |
Data line services provided by related party | (180) | (28) | (363) | (392) |
Advertising and promotion expenses charged by related party | (1,788) | (276) | (1,246) | (1,040) |
Corporate administrative expenses charged by related party | (1,812) | (280) | (354) | (404) |
Project cost charged by related party | (55) | (8) | 0 | 0 |
Phoenix TV Group and its customers [Member] | ||||
Related Party Transaction [Line Items] | ||||
Revenues earned from related party | 16,510 | 2,549 | 25,168 | 28,911 |
CMCC [Member] | ||||
Related Party Transaction [Line Items] | ||||
Advertising revenues earned from related party | 35,787 | 5,525 | 29,643 | 16,216 |
Paid service revenues earned from and through related party | 273,510 | 42,223 | 290,755 | 413,407 |
Revenue sharing fees and bandwidth costs to related party | ¥ (44,359) | $ (6,848) | ¥ (41,766) | ¥ (72,622) |
X | ||||||||||
- Definition Contents Provided by Related Party No definition available.
|
X | ||||||||||
- Definition Data Line Services Provided by Related Party No definition available.
|
X | ||||||||||
- Definition General and Administrative Expense Incurred for or Charged by Related Parties No definition available.
|
X | ||||||||||
- Definition Net Advertising Revenues Earned from Related Parties No definition available.
|
X | ||||||||||
- Definition Paid Services Revenue Earned from and through Related Parties No definition available.
|
X | ||||||||||
- Definition Project Cost Charged by Related Parties No definition available.
|
X | ||||||||||
- Definition Revenues Sharing and Bandwidth Cost to Related Party No definition available.
|
X | ||||||||||
- Definition Selling and marketing expense incurred for or charged by related parties No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Related Party Transactions (Transactions with Investees) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Related Party Transaction [Line Items] | ||||
Advertising revenues earned from related party | ¥ 71,048 | $ 10,969 | ¥ 55,565 | ¥ 45,127 |
Brand license authorization revenues earned from related party | 276,712 | 42,717 | 291,610 | 413,407 |
FM [Member] | ||||
Related Party Transaction [Line Items] | ||||
Loans provided to related party | 8,000 | 1,235 | 4,300 | 0 |
Advances provided to related party | 71 | 11 | 482 | 0 |
Loans repaid from related party | 0 | 0 | (800) | 0 |
Tianbo [Member] | ||||
Related Party Transaction [Line Items] | ||||
Advances provided to related party | 1,177 | 182 | 0 | 0 |
Advertising revenues earned from related party | 4,384 | 677 | 421 | 0 |
Advertising resources provided by related party | (39) | (6) | (31) | 0 |
Lilita [Member] | ||||
Related Party Transaction [Line Items] | ||||
Advertising revenues earned from related party | 14,414 | 2,225 | 333 | 0 |
Brand license authorization revenues earned from related party | 3,155 | 487 | 855 | 0 |
Fenghuang Jingcai [Member] | ||||
Related Party Transaction [Line Items] | ||||
Advances provided to related party | ¥ 409 | $ 63 | ¥ 0 | ¥ 0 |
X | ||||||||||
- Definition Advances Provided to Related Party No definition available.
|
X | ||||||||||
- Definition Advertising Resources Provided by Related Party No definition available.
|
X | ||||||||||
- Definition Amount of loans provided to related parties. No definition available.
|
X | ||||||||||
- Definition Amount of loans repaid from related parties. No definition available.
|
X | ||||||||||
- Definition Net Advertising Revenues Earned from Related Parties No definition available.
|
X | ||||||||||
- Definition Paid Services Revenue Earned from and through Related Parties No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Related Party Transactions (Amounts due from and due to related parties) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
---|---|---|---|
Amounts due from related parties: | |||
Due from related party | ¥ 124,677 | $ 19,247 | ¥ 176,224 |
Amounts due to related parties: | |||
Due to related party | 19,368 | 2,990 | 22,489 |
CMCC [Member] | |||
Amounts due from related parties: | |||
Due from related party | 58,295 | 8,999 | 74,273 |
Amounts due to related parties: | |||
Due to related party | 1,808 | 279 | 563 |
Phoenix TV Group [Member] | |||
Amounts due from related parties: | |||
Due from related party | 20,144 | 3,110 | 77,293 |
Amounts due to related parties: | |||
Due to related party | 17,060 | 2,634 | 21,926 |
Investees [Member] | |||
Amounts due from related parties: | |||
Due from related party | 46,238 | 7,138 | 23,469 |
Others [Member] | |||
Amounts due from related parties: | |||
Due from related party | 0 | 0 | 1,189 |
Amounts due to related parties: | |||
Due to related party | ¥ 500 | $ 77 | ¥ 0 |
X | ||||||||||
- Definition The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Restricted Net Assets (Narrative) (Details) - Group's subsidiaries, VIEs and subsidiaries of VIEs incorporated in PRC [Member] ¥ in Millions, $ in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
|
Schedule of Restricted Net Assets [Line Items] | |||
Portion of after-tax profit to be allocated to general reserve under PRC law (as a percent) | 10.00% | ||
Required general reserve/registered capital ratio to de-force compulsory net profit allocation to general reserve (as a percent) | 50.00% | ||
Restricted Net Assets | ¥ 549.9 | $ 84.9 | ¥ 365.6 |
X | ||||||||||
- Definition The maximum percentage of the appropriation to the statutory surplus fund over the after-tax profits calculated in accordance with PRC GAAP. No definition available.
|
X | ||||||||||
- Definition The percentage of the surplus fund over the registered capital of the respective company thus appropriation is not required. No definition available.
|
X | ||||||||||
- Definition Schedule of restricted net assets [Line Items] No definition available.
|
X | ||||||||||
- Definition Amount of restricted net assets of consolidated and unconsolidated subsidiaries as of the end of the most recently completed fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Subsequent Events (Narrative) (Details) ¥ in Thousands, $ in Thousands |
1 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Jan. 28, 2016
USD ($)
|
Apr. 30, 2016
USD ($)
|
Apr. 30, 2015
USD ($)
|
Apr. 28, 2016
USD ($)
|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
|
Subsequent Event [Line Items] | |||||||
Maturity of short-term loans | 12 months | ||||||
Short-term loans obtained | $ 20,200 | ||||||
Short-term loans | ¥ 131,046 | $ 20,230 | ¥ 0 | ||||
Subsequent Event [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Maturity of short-term loans | 12 months | ||||||
Short-term loans obtained | $ 10,000 | ||||||
Extended maturity of short-term loans | 12 months | ||||||
Short-term loans | $ 30,200 | ||||||
Subsequent Event [Member] | Particle [Member] | |||||||
Subsequent Event [Line Items] | |||||||
Aggregate principal amount of short-term unsecured loans authorized | $ 20,000 | ||||||
Interest rate of short-term unsecured loans | 4.35% | ||||||
Maturity of short-term loans | 12 months | ||||||
Loans granted | $ 20,000 |
X | ||||||||||
- Definition Period extended before short-term loans mature, in 'PnYnMnDTnHnMnS' format. No definition available.
|
X | ||||||||||
- Definition Interest rate of short-term unsecured loans per annum. No definition available.
|
X | ||||||||||
- Definition Amount of loans granted to investee. No definition available.
|
X | ||||||||||
- Definition Period before short-term loans mature, in 'PnYnMnDTnHnMnS' format. No definition available.
|
X | ||||||||||
- Definition Carrying amount of borrowings obtained from a bank. No definition available.
|
X | ||||||||||
- Definition Amount of loan with fixed rate of interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount at the balance sheet date of borrowings from a bank, not elsewhere enumerated in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Additional Information-Condensed Financial Statements (Condensed Financial Information of Parent Company, Statements of Balance Sheets) (Details) ¥ in Thousands, $ in Thousands |
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2013
CNY (¥)
|
Dec. 31, 2012
CNY (¥)
|
---|---|---|---|---|---|---|
Current assets: | ||||||
Cash and cash equivalents | ¥ 310,669 | $ 47,959 | ¥ 1,285,847 | $ 198,501 | ¥ 845,138 | ¥ 916,169 |
Term deposits and short term investments | 769,681 | 118,818 | 40,000 | |||
Amounts due from related parties | 124,677 | 19,247 | 176,224 | |||
Prepayments and other current assets | 58,574 | 9,042 | 42,703 | |||
Total current assets | 1,930,915 | 298,082 | 2,062,908 | |||
Non-current assets: | ||||||
Available-for-sale investments | 513,994 | 79,347 | 77,093 | |||
Total non-current assets | 636,291 | 98,226 | 263,922 | |||
Total assets | 2,567,206 | 396,308 | 2,326,830 | |||
Current liabilities: | ||||||
Amounts due to related parties | 19,368 | 2,990 | 22,489 | |||
Accrued expenses and other current liabilities | 80,891 | 12,487 | 86,307 | |||
Total current liabilities | 742,840 | 114,674 | 591,993 | |||
Total liabilities | 762,520 | 117,713 | 610,172 | |||
Shareholders' equity: | ||||||
Additional paid-in capital | 1,551,104 | 239,449 | 1,587,227 | |||
Treasury stock | 0 | 0 | (13,379) | |||
Statutory reserves | 70,311 | 10,854 | 65,968 | |||
Retained earnings | 122,093 | 18,848 | 52,852 | |||
Accumulated other comprehensive (loss)/income | 23,341 | 3,604 | (15,341) | |||
Total shareholders' equity | 1,804,686 | 278,595 | 1,716,658 | 1,575,035 | 1,366,340 | |
Total liabilities and shareholders' equity | 2,567,206 | 396,308 | 2,326,830 | |||
Class A ordinary shares (US$0.01 par value, 680,000,000 shares authorized; 260,204,642 and 253,250,854 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member] | ||||||
Shareholders' equity: | ||||||
Ordinary shares | 16,733 | 2,583 | 17,278 | |||
Class B ordinary shares (US$0.01 par value, 320,000,000 shares authorized; 317,325,360 and 317,325,360 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member] | ||||||
Shareholders' equity: | ||||||
Ordinary shares | 22,053 | 3,404 | 22,053 | |||
Parent Company [Member] | ||||||
Current assets: | ||||||
Cash and cash equivalents | 14,022 | 2,165 | 341,433 | $ 52,708 | ¥ 588,961 | ¥ 681,224 |
Term deposits and short term investments | 83,854 | 12,945 | 0 | |||
Amounts due from related parties | 30 | 5 | 24 | |||
Amounts due from subsidiaries and VIEs | 216,451 | 33,414 | 186,103 | |||
Prepayments and other current assets | 1,991 | 307 | 1,487 | |||
Total current assets | 316,348 | 48,836 | 529,047 | |||
Non-current assets: | ||||||
Available-for-sale investments | 513,994 | 79,347 | 77,093 | |||
Investments in subsidiaries and VIEs | 1,189,213 | 183,583 | 1,122,093 | |||
Total non-current assets | 1,703,207 | 262,930 | 1,199,186 | |||
Total assets | 2,019,555 | 311,766 | 1,728,233 | |||
Current liabilities: | ||||||
Amounts due to related parties | 3,326 | 513 | 2,224 | |||
Amounts due to subsidiaries and VIEs | 205,268 | 31,688 | 0 | |||
Accrued expenses and other current liabilities | 5,326 | 823 | 9,351 | |||
Total current liabilities | 213,920 | 33,024 | 11,575 | |||
Total liabilities | 213,920 | 33,024 | 11,575 | |||
Shareholders' equity: | ||||||
Additional paid-in capital | 1,551,104 | 239,449 | 1,587,227 | |||
Treasury stock | 0 | 0 | (13,379) | |||
Statutory reserves | 70,311 | 10,854 | 65,968 | |||
Retained earnings | 122,093 | 18,848 | 52,852 | |||
Accumulated other comprehensive (loss)/income | 23,341 | 3,604 | (15,341) | |||
Total shareholders' equity | 1,805,635 | 278,742 | 1,716,658 | |||
Total liabilities and shareholders' equity | 2,019,555 | 311,766 | 1,728,233 | |||
Parent Company [Member] | Class A ordinary shares (US$0.01 par value, 680,000,000 shares authorized; 260,204,642 and 253,250,854 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member] | ||||||
Shareholders' equity: | ||||||
Ordinary shares | 16,733 | 2,583 | 17,278 | |||
Parent Company [Member] | Class B ordinary shares (US$0.01 par value, 320,000,000 shares authorized; 317,325,360 and 317,325,360 shares issued and outstanding as of December 31, 2014 and 2015, respectively) [Member] | ||||||
Shareholders' equity: | ||||||
Ordinary shares | ¥ 22,053 | $ 3,404 | ¥ 22,053 |
X | ||||||||||
- Definition Amounts due from subsidiaries and VIEs. No definition available.
|
X | ||||||||||
- Definition Amounts due to subsidiaries and VIEs. No definition available.
|
X | ||||||||||
- Definition Investments in subsidiaries and VIEs. No definition available.
|
X | ||||||||||
- Definition Represents appropriations to certain non-distributable statutory reserves in accordance with laws applicable to the reporting entity, its subsidiaries and consolidated VIEs. The reporting entity and its subsidiaries have to make appropriations from its after-tax profit. No definition available.
|
X | ||||||||||
- Definition Term deposits represent time deposits placed with banks with original maturities of more than three months and up to one year. Short-term investments represent interest-bearing deposit placed with financial institutions which are restricted as to withdrawal and use. The investments are issued by commercial bank in China with a variable interest rate indexed to performance of underlying assets. All investments are expected to be realized in cash during the next 12 months. No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Additional Information-Condensed Financial Statements (Condensed Financial Information of Parent Company, Statements of Balance Sheets) (Parenthetical) (Details) - $ / shares |
Dec. 31, 2015 |
Dec. 31, 2014 |
May. 17, 2011 |
---|---|---|---|
Class A ordinary shares [Member] | |||
Condensed Balance Sheet Statements, Captions [Line Items] | |||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |
Ordinary shares, shares authorized | 680,000,000 | 680,000,000 | 680,000,000 |
Ordinary shares, shares issued and outstanding | 253,250,854 | 260,204,642 | |
Class B ordinary shares [Member] | |||
Condensed Balance Sheet Statements, Captions [Line Items] | |||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |
Ordinary shares, shares authorized | 320,000,000 | 320,000,000 | 320,000,000 |
Ordinary shares, shares issued and outstanding | 317,325,360 | 317,325,360 | |
Parent Company [Member] | Class A ordinary shares [Member] | |||
Condensed Balance Sheet Statements, Captions [Line Items] | |||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |
Ordinary shares, shares authorized | 680,000,000 | 680,000,000 | |
Ordinary shares, shares issued and outstanding | 253,250,854 | 260,204,642 | |
Parent Company [Member] | Class B ordinary shares [Member] | |||
Condensed Balance Sheet Statements, Captions [Line Items] | |||
Ordinary shares, par value | $ 0.01 | $ 0.01 | |
Ordinary shares, shares authorized | 320,000,000 | 320,000,000 | |
Ordinary shares, shares issued and outstanding | 317,325,360 | 317,325,360 |
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Additional Information-Condensed Financial Statements (Condensed Financial Information of Parent Company, Statements of Comprehensive Income) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
||||
Operating expenses: | |||||||
General and administrative expenses | [1] | ¥ (183,989) | $ (28,403) | ¥ (137,818) | ¥ (97,849) | ||
Total operating expenses | [1] | (700,836) | (108,191) | (618,591) | (479,931) | ||
Loss from operations | 78,974 | 12,192 | 237,637 | 248,189 | |||
Other income/(expense), net: | |||||||
Interest income, net | 27,906 | 4,308 | 46,535 | 32,775 | |||
Foreign currency exchange gain/(loss) | (1,054) | (163) | (6,059) | 19,687 | |||
Gain on disposal of an equity investment and acquisition of available-for-sale investments | 4,643 | 717 | 0 | 0 | |||
Others, net | 29,294 | 4,522 | 21,261 | 14,960 | |||
Income before tax | 97,902 | 15,114 | 310,496 | 315,611 | |||
Net income | 72,385 | 11,175 | 262,119 | 278,023 | |||
Comprehensive income | 111,067 | 17,147 | 306,905 | 254,844 | |||
Parent Company [Member] | |||||||
Operating expenses: | |||||||
General and administrative expenses | (10,783) | (1,665) | (9,131) | (7,939) | |||
Total operating expenses | (10,783) | (1,665) | (9,131) | (7,939) | |||
Loss from operations | (10,783) | (1,665) | (9,131) | (7,939) | |||
Other income/(expense), net: | |||||||
Interest income, net | 4,625 | 714 | 19,187 | 23,185 | |||
Foreign currency exchange gain/(loss) | (4,948) | (764) | (6,792) | 23,927 | |||
Gain on disposal of an equity investment and acquisition of available-for-sale investments | 4,643 | 717 | 0 | 0 | |||
Others, net | 6,242 | 964 | 1,359 | 1,368 | |||
Share of profit of subsidiaries and VIEs | 73,805 | 11,394 | 258,468 | 239,013 | |||
Income before tax | 73,584 | 11,360 | 263,091 | 279,554 | |||
Net income | 73,584 | 11,360 | 263,091 | 279,554 | |||
Other comprehensive (loss)/income | 38,682 | 5,972 | 44,786 | (23,179) | |||
Comprehensive income | ¥ 112,266 | $ 17,332 | ¥ 307,877 | ¥ 256,375 | |||
|
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of an equity method investment. No definition available.
|
X | ||||||||||
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before tax of income (loss) of subsidiary attributable to the parent entity. No definition available.
|
X | ||||||||||
- Definition The net amount of nonoperating interest income (expense). No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
Additional Information-Condensed Financial Statements (Condensed Financial Information of Parent Company, Statements of Cash Flows) (Details) ¥ in Thousands, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2015
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
CNY (¥)
|
Dec. 31, 2013
CNY (¥)
|
|
Cash flows from operating activities: | ||||
Net cash provided by/(used in) operating activities | ¥ 220,812 | $ 34,090 | ¥ 273,474 | ¥ 347,802 |
Cash flows from investing activities: | ||||
Placement of term deposits and short term investments | (3,288,344) | (507,633) | (3,565,274) | (2,696,407) |
Maturity of term deposits and short term investments | 2,562,584 | 395,595 | 4,082,583 | 2,374,309 |
Payment for available-for-sale investments | (352,008) | (54,341) | (36,810) | 0 |
Net cash used in investing activities | (1,256,868) | (194,028) | 393,172 | (351,336) |
Cash flows from financing activities: | ||||
Proceeds from exercise of stock options | 6,944 | 1,072 | 8,756 | 519 |
Repurchase of ordinary shares | (66,417) | (10,253) | (242,500) | (65,198) |
Net cash (used in)/provided by financing activities | 64,366 | 9,937 | (223,744) | (64,679) |
Net decrease in cash and cash equivalents | (975,178) | (150,542) | 440,709 | (71,031) |
Cash and cash equivalents at the beginning of the year | 1,285,847 | 198,501 | 845,138 | 916,169 |
Cash and cash equivalents at the end of the year | 310,669 | 47,959 | 1,285,847 | 845,138 |
Parent Company [Member] | ||||
Cash flows from operating activities: | ||||
Net cash provided by/(used in) operating activities | (8,754) | (1,351) | 27,590 | 15,359 |
Cash flows from investing activities: | ||||
Placement of term deposits and short term investments | (83,854) | (12,945) | (335,493) | (50,934) |
Maturity of term deposits and short term investments | 0 | 0 | 386,427 | 235,000 |
Payment for available-for-sale investments | (352,008) | (54,341) | (36,810) | 0 |
Payment to subsidiaries and VIEs | (35,757) | (5,519) | (69,365) | (227,009) |
Net cash used in investing activities | (471,619) | (72,805) | (55,241) | (42,943) |
Cash flows from financing activities: | ||||
Borrowings from subsidiaries and VIEs | 212,435 | 32,794 | 13,867 | 0 |
Proceeds from exercise of stock options | 6,944 | 1,072 | 8,756 | 519 |
Repurchase of ordinary shares | (66,417) | (10,253) | (242,500) | (65,198) |
Net cash (used in)/provided by financing activities | 152,962 | 23,613 | (219,877) | (64,679) |
Net decrease in cash and cash equivalents | (327,411) | (50,543) | (247,528) | (92,263) |
Cash and cash equivalents at the beginning of the year | 341,433 | 52,708 | 588,961 | 681,224 |
Cash and cash equivalents at the end of the year | ¥ 14,022 | $ 2,165 | ¥ 341,433 | ¥ 588,961 |
X | ||||||||||
- Definition The cash inflow associated with borrowings from subsidiaries and VIEs. No definition available.
|
X | ||||||||||
- Definition Maturity of term deposits and short term investments, as cash flows from investing activities. No definition available.
|
X | ||||||||||
- Definition The cash outflow to pay subsidiaries and VIEs. No definition available.
|
X | ||||||||||
- Definition Placement of term deposits and short term investments, as cash flows from investing activities. No definition available.
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow to acquire equity securities classified as available-for-sale securities, because they are not classified as trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|