| A key to Peniophora species in China | |
| 1. Dendrohyphidia well-developed, brown | P. versiformis |
| 1. Dendrohyphidia absent, or colorless when present | 2 |
| 2. Lamprocystidia brown over the entire length | 3 |
| 2. Lamprocystidia colorless or only brown at the basal part | 6 |
| 3. Skeletocystidia present | 4 |
| 3. Skeletocystidia absent | 5 |
| 4. Basidiospores 10–12.5 × 3.7–4.2 µm | P. tristicula |
| 4. Basidiospores 5.2–7.5 × 2–3.5 µm | P. kuehneri |
| 5. Basidiospores triangular, on palms | P. trignosperma |
| 5. Basidiospores cylindrical to narrowly ellipsoid or ovoid, on angiosperms | P. lassa |
| 6. Dendrohyphidia present, often colorless and may be difficult to see | 7 |
| 6. Dendrohyphidia absent | 8 |
| 7. Lamprocystidia absent; basidiospores > 7.5 µm long | P. polygonia |
| 7. Lamprocystidia present; basidiospores < 7.5 µm long | P. meridionalis |
| 8. Basidiospores ellipsoid or ovoid | 9 |
| 8. Basidiospores cylindrical or allantoid | 12 |
| 9. Basidiospores ovoid | P. roseoalba |
| 9. Basidiospores ellipsoid | 10 |
| 10. Generative hyphae with clamps | P. proxima |
| 10. Generative hyphae without clamps | 11 |
| 11. Basidiospores 9–13 × 6–7 µm | P. cremicolor |
| 11. Basidiospores 11–20 × 8–14 µm | P. erikssonii |
| 12. Basidiomes red | 13 |
| 12. Basidiomes grey, cream, pale orange, pinkish, yellowish or purplish | 14 |
| 13. Basidiomes pulvinate, only found on Populus | P. rufa |
| 13. Basidiomes effused, found on other hosts | P. pseudoversicolor |
| 14. Generative hyphae without clamps | 15 |
| 14. Generative hyphae with clamps | 19 |
| 15. Basidia with two sterigmata | P. bicornis |
| 15. Basidia with four sterigmata | 16 |
| 16. Basidiospores > 10 µm long | P. major |
| 16. Basidiospores < 10 µm long | 17 |
| 17. Basidiospores < 7 µm long | P. malaiensis |
| 17. Basidiospores > 7 µm long | 18 |
| 18. Basidiomes up to 1.2 mm thick; basidia thick-walled | P. borbonica |
| 18. Basidiomes up to 200 µm thick; basidia thin-walled | P. shenghuae |
| 19. Gloeocystidia indistinct or absent | 20 |
| 19. Gloeocystidia present | 22 |
| 20. Basidiomes pinkish, effused-reflexed, usually on Quercus. | P. manshurica |
| 20. Basidiomes greyish, resupinate, on gymnosperms or angiosperms | 21 |
| 21. Lamprocystidia 40–80 × 6–14 µm; on Juniperus | P. junipericola |
| 21. Lamprocystidia 15–25 × 5–10 µm; on gymnosperms or angiosperms | P. cinerea |
| 22. Gloeocystidia distinctly thick-walled, with walls up to 2–3 µm thick | P. crassitunicata |
| 22. Gloeocystidia thin- to slightly thick-walled, with walls < 1 µm thick | 23 |
| 23. Lamprocystidia up to 20 µm wide; basidiospores up to 7 µm long | P. pithya |
| 23. Lamprocystidia up to 12 µm wide; basidiospores up to 10 µm long | 24 |
| 24. Gloeocystidia 30–80 × 8–20 µm; basidiospores 2.5–3.5 µm wide | P. nuda |
| 24. Gloeocystidia 12.5–58 × 5.5–15.5 µm; basidiospores 3–5.5 µm wide | P. yunnanensis |