Company research / NCTY

The9 LTD (NCTY)

CIK 0001296774 · Nasdaq · Finance Services

  • Sector Finance & Real Estate
  • Incorporated E9
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, The9 LTD reported revenue of 107.90M CNY. Revenue fell 3.4% from the prior annual period.

Key ratios (year ended 2025-12-31)

1.7%
Gross margin
-260.5%
Operating margin
-379.0%
Net margin
-240.8%
Return on year-end equity
-3.4%
Revenue growth (YoY)

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Latest selected filing: 6-K · 2026-08-24

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Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. A dash means a matching observation is unavailable.

Period ended2025-12-312024-12-312024-03-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue107.90M CNY111.71M CNY174.04M CNY104.93M CNY135.58M CNY625.5K CNY341.5K CNY17.49M CNY73.21M CNY
Cost of Revenue106.09M CNY113.32M CNY213.18M CNY152.31M CNY87.80M CNY814.1K CNY1.34M CNY16.44M CNY23.78M CNY
Gross Profit1.81M CNY-1.60M CNY-39.13M CNY-47.38M CNY47.78M CNY-188.6K CNY-1.00M CNY996.3K CNY49.37M CNY
Operating Income-281.11M CNY-58.76M CNY-317.75M CNY-661.53M CNY-307.66M CNY336.71M CNY-163.72M CNY-104.77M CNY-113.31M CNY
Net Income-408.92M CNY-73.64M CNY12.58M CNY-979.49M CNY-416.83M CNY393.43M CNY-196.17M CNY-239.28M CNY-112.09M CNY
EPS (Diluted)-0.18 CNY-0.05 CNY0.02 CNY-1.36 CNY-0.83 CNY2.42 CNY-1.79 CNY
Total Assets593.75M CNY636.64M CNY363.73M CNY599.11M CNY1.31B CNY48.44M CNY181.46M CNY164.69M CNY323.11M CNY
Total Liabilities351.21M CNY209.13M CNY182.39M CNY571.57M CNY546.86M CNY366.84M CNY1.06B CNY908.42M CNY819.45M CNY
Shareholders' Equity169.84M CNY324.87M CNY181.34M CNY27.54M CNY763.46M CNY-667.44M CNY-1.23B CNY-1.08B CNY-802.35M CNY
Cash & Equivalents58.49M CNY10.91M CNY45.22M CNY58.06M CNY428.42M CNY31.70M CNY10.11M CNY4.26M CNY142.62M CNY
Operating Cash Flow-31.76M CNY-44.20M CNY-46.32M CNY-154.04M CNY-704.29M CNY-106.25M CNY-54.18M CNY-101.20M CNY-86.65M CNY
Shares Outstanding1.68B91.32M44.54M
Weighted Average Diluted Shares2.27B1.40B1.01B720.2K495.30M163.60M106.41M
EPS (Basic)-0.18 CNY-0.05 CNY0.02 CNY-1.36 CNY-0.83 CNY2.42 CNY-1.79 CNY