NCTY Chart
About

The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and databases, the development and update of computer software, and other related technical and consulting services. It also develops and operates mobile and computer games, as well as publishes and services MIR M, an online game. The company was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 89.54M
Enterprise Value 26.98B Income -142.55M Sales 81.69M
Book/sh 3.90 Cash/sh 0.01 Dividend Yield —
Payout 0.00% Employees 50 IPO —
P/E — Forward P/E — PEG —
P/S 1.10 P/B 1.52 P/C —
EV/EBITDA -1417.65 EV/Sales 330.21 Quick Ratio 0.15
Current Ratio 1.54 Debt/Eq 41.08 LT Debt/Eq —
EPS (ttm) -3.91 EPS next Y — EPS Growth —
Revenue Growth -32.60% Earnings 2012-08-23 17:00 ROA -6.14%
ROE -38.20% ROIC — Gross Margin -12.09%
Oper. Margin -111.45% Profit Margin -174.49% Shs Outstand 14.91M
Shs Float 1.55B Short Float 1.96% Short Ratio 3.77
Short Interest — 52W High 16.78 52W Low 5.03
Beta 2.28 Avg Volume 36.52K Volume 52.25K
Target Price — Recom None Prev Close $5.04
Price $5.92 Change 17.46%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$5.92
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
$5.92
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-104.16M-144.43M-311.11M-244.02M
TotalUnusualItems127.32M118.40M-267.58M17.93M
TotalUnusualItemsExcludingGoodwill127.32M118.40M-267.58M17.93M
NetIncomeFromContinuingOperationNetMinorityInterest-73.42M-136.85M-688.77M-387.10M
ReconciledDepreciation61.46M86.87M91.38M47.44M
ReconciledCostOfRevenue113.32M213.18M152.31M87.80M
EBITDA23.17M-26.03M-578.69M-226.08M
EBIT-38.30M-112.90M-670.07M-273.52M
NetInterestIncome-34.22M-31.38M-23.34M-119.17M
InterestExpense34.22M31.38M23.34M119.17M
InterestIncome0.000.00
NormalizedIncome-200.75M-255.25M-421.19M-405.04M
NetIncomeFromContinuingAndDiscontinuedOperation-73.42M20.00M-974.86M-411.23M
TotalExpenses272.25M413.67M518.17M380.71M
TotalOperatingIncomeAsReported-58.76M-317.75M-661.53M-307.66M
DilutedAverageShares4.68M3.37M2.40M1.65M
BasicAverageShares4.68M3.37M2.40M1.65M
DilutedEPS-15.006.00-408.00-249.00
BasicEPS-15.006.00-408.00-249.00
DilutedNIAvailtoComStockholders-73.42M20.00M-974.86M-411.23M
NetIncomeCommonStockholders-73.42M20.00M-974.86M-411.23M
OtherunderPreferredStockDividend0.000.00
NetIncome-73.42M20.00M-974.86M-411.23M
MinorityInterests218.00K7.43M4.63M5.59M
NetIncomeIncludingNoncontrollingInterests-73.64M12.58M-979.49M-416.83M
NetIncomeDiscontinuousOperations0.00156.85M-286.09M-24.13M
NetIncomeContinuousOperations-73.64M-144.28M-693.41M-392.69M
EarningsFromEquityInterestNetOfTax-1.12M0.000.00-1.73M
TaxProvision0.000.000.000.00
PretaxIncome-72.52M-144.28M-693.41M-392.69M
OtherIncomeExpense122.24M126.72M-256.83M-28.38M
OtherNonOperatingIncomeExpenses-5.08M8.32M10.75M-44.59M
SpecialIncomeCharges-18.91M14.02M-280.16M-37.86M
GainOnSaleOfBusiness-11.61M-282.00K-3.75M15.02M
OtherSpecialCharges-175.30M
WriteOff794.00K0.0099.53M41.24M
ImpairmentOfCapitalAssets6.50M161.00M176.87M11.64M
EarningsFromEquityInterest0.000.00-1.73M
GainOnSaleOfSecurity146.23M104.38M12.58M55.80M
NetNonOperatingInterestIncomeExpense-34.22M-31.38M-23.34M-119.17M
InterestExpenseNonOperating34.22M31.38M23.34M119.17M
InterestIncomeNonOperating0.000.00
OperatingIncome-160.54M-239.62M-413.24M-245.14M
OperatingExpense158.93M200.49M365.86M292.91M
ResearchAndDevelopment856.00K1.97M2.43M1.92M
SellingGeneralAndAdministration158.08M198.52M363.43M290.99M
SellingAndMarketingExpense246.00K1.73M3.50M671.89K
GeneralAndAdministrativeExpense157.83M196.79M359.94M290.32M
OtherGandA157.83M196.79M359.94M290.32M
GrossProfit-1.60M-39.13M-47.38M47.78M
CostOfRevenue113.32M213.18M152.31M87.80M
TotalRevenue111.71M174.04M104.93M135.58M
ExciseTaxes0.000.000.000.00
OperatingRevenue111.71M174.04M104.93M135.58M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber3.74B1.41B861.04M691.39M
ShareIssued3.74B1.41B861.04M691.39M
NetDebt121.25M22.72M4.87M
TotalDebt136.61M75.10M76.14M99.72M
TangibleBookValue432.29M206.27M45.31M776.47M
InvestedCapital573.45M274.21M108.25M869.32M
WorkingCapital38.08M17.49M-170.74M506.22M
NetTangibleAssets432.29M206.27M45.31M776.47M
CapitalLeaseObligations4.45M7.16M13.20M6.87M
CommonStockEquity441.29M206.27M45.31M776.47M
TotalCapitalization441.29M223.02M45.31M776.47M
TotalEquityGrossMinorityInterest427.51M181.34M27.54M763.46M
MinorityInterest-13.78M-24.94M-17.77M-13.02M
StockholdersEquity441.29M206.27M45.31M776.47M
GainsLossesNotAffectingRetainedEarnings-4.56M-4.42M-5.20M-5.37M
OtherEquityAdjustments-4.56M-4.42M-5.20M-5.37M
RetainedEarnings-4.43B-4.36B-4.38B-3.40B
AdditionalPaidInCapital4.51B4.47B4.37B4.14B
CapitalStock365.61M96.32M57.60M46.18M
CommonStock365.61M96.32M57.60M46.18M
TotalLiabilitiesNetMinorityInterest209.13M182.39M571.57M546.86M
TotalNonCurrentLiabilitiesNetMinorityInterest3.53M19.53M7.41M2.57M
DerivativeProductLiabilities1.92M0.00
LongTermDebtAndCapitalLeaseObligation1.60M19.53M7.41M2.57M
LongTermCapitalLeaseObligation1.60M2.79M7.41M2.57M
LongTermDebt16.75M
CurrentLiabilities205.61M162.85M564.16M544.30M
OtherCurrentLiabilities28.61M211.11M51.83M
CurrentDeferredLiabilities10.80M12.71M17.75M18.98M
CurrentDeferredRevenue10.80M12.71M17.75M18.98M
CurrentDebtAndCapitalLeaseObligation135.00M55.57M68.73M97.16M
CurrentCapitalLeaseObligation2.84M4.37M5.79M4.31M
CurrentDebt132.16M51.19M62.94M92.85M
OtherCurrentBorrowings132.16M51.19M62.94M92.85M
CurrentProvisions170.00M170.00M
PayablesAndAccruedExpenses59.80M65.97M96.57M206.33M
CurrentAccruedExpenses35.62M32.98M53.48M92.94M
InterestPayable1.48M274.00K2.13M937.33K
Payables24.17M32.98M43.09M113.39M
OtherPayable7.52M10.21M13.13M48.20M
DuetoRelatedPartiesCurrent9.66M11.68M21.16M23.79M
TotalTaxPayable1.47M1.50M1.65M1.51M
AccountsPayable5.53M9.60M7.15M39.90M
TotalAssets636.64M363.73M599.11M1.31B
TotalNonCurrentAssets392.96M183.38M205.68M259.81M
OtherNonCurrentAssets1.22M4.44M15.47M6.55M
NonCurrentPrepaidAssets39.84M42.46M
NonCurrentDeferredAssets9.00M0.00
FinancialAssets15.84M0.00
InvestmentsAndAdvances297.22M35.29M35.30M73.92M
GoodwillAndOtherIntangibleAssets9.00M0.00
OtherIntangibleAssets9.00M
NetPPE20.83M101.20M154.91M179.34M
AccumulatedDepreciation-174.50M-192.29M-137.85M-58.73M
GrossPPE195.33M293.49M292.76M238.08M
OtherProperties4.28M6.87M12.06M6.36M
MachineryFurnitureEquipment191.04M286.62M280.70M231.71M
CurrentAssets243.69M180.34M393.43M1.05B
OtherCurrentAssets12.19M87.71M57.87M86.12M
AssetsHeldForSaleCurrent0.0025.92K
RestrictedCash193.94M17.84M4.23M
PrepaidAssets18.95M22.62M267.84M469.15M
Receivables7.70M6.94M5.40M66.02M
OtherReceivables3.33M2.17M2.02M59.43M
DuefromRelatedPartiesCurrent600.00K600.00K599.57K599.57K
TaxesReceivable3.77M4.12M2.63M2.31M
AccountsReceivable0.0056.00K151.43K3.68M
AllowanceForDoubtfulAccountsReceivable-505.46M-505.46M-234.79K-552.54K
GrossAccountsReceivable505.46M505.51M386.23K4.23M
CashCashEquivalentsAndShortTermInvestments10.91M45.22M58.06M429.22M
OtherShortTermInvestments0.00800.00K
CashAndCashEquivalents10.91M45.22M58.06M428.42M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-62.20M-48.43M-402.86M-779.91M
RepaymentOfDebt-37.22M-54.58M-3.15M-6.38M
IssuanceOfDebt88.11M86.78M36.17M161.59M
IssuanceOfCapitalStock18.88M262.00K40.00K1.01B
CapitalExpenditure-18.00M-2.11M-248.82M-75.62M
InterestPaidSupplementalData1.56M5.53M0.000.00
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition10.91M45.22M58.06M428.42M
OtherCashAdjustmentOutsideChangeinCash0.00
BeginningCashPosition45.22M58.06M428.42M31.70M
EffectOfExchangeRateChanges-2.86M-3.46M251.00K-945.05K
ChangesInCash-31.45M-9.38M-370.61M397.67M
FinancingCashFlow69.77M32.47M33.06M1.23B
CashFlowFromContinuingFinancingActivities69.77M32.47M33.06M1.23B
NetOtherFinancingCharges-3.72M
ProceedsFromStockOptionExercised0.000.0064.47M
NetCommonStockIssuance18.88M262.00K40.00K1.01B
CommonStockIssuance18.88M262.00K40.00K1.01B
NetIssuancePaymentsOfDebt50.89M32.20M33.02M155.21M
NetShortTermDebtIssuance87.30M0.000.000.00
ShortTermDebtPayments-42.90M0.000.00
ShortTermDebtIssuance87.30M0.000.00161.59M
NetLongTermDebtIssuance-36.41M32.20M33.02M155.21M
LongTermDebtPayments-37.22M-54.58M-3.15M-6.38M
LongTermDebtIssuance814.00K86.78M36.17M161.59M
InvestingCashFlow-57.02M4.47M-249.64M-125.48M
CashFlowFromContinuingInvestingActivities-57.02M4.47M-249.64M-125.48M
NetOtherInvestingChanges1.50M4.50M
NetInvestmentPurchaseAndSale-28.44M5.16M-5.72M-47.41M
SaleOfInvestment5.00K5.16M17.44M0.00
PurchaseOfInvestment-28.45M0.00-23.16M-47.41M
NetBusinessPurchaseAndSale-10.72M-85.00K0.00-14.17M
SaleOfBusiness0.000.00
PurchaseOfBusiness-10.72M-85.00K0.00-14.17M
NetIntangiblesPurchaseAndSale-18.00M0.000.00-16.40M
PurchaseOfIntangibles-18.00M0.000.00-16.40M
NetPPEPurchaseAndSale145.00K-2.11M-248.41M-63.90M
SaleOfPPE145.00K4.00K407.00K11.73M
PurchaseOfPPE0.00-2.11M-248.82M-75.62M
OperatingCashFlow-44.20M-46.32M-154.04M-704.29M
CashFlowFromContinuingOperatingActivities-44.20M-46.32M-154.04M-704.29M
ChangeInWorkingCapital-5.73M-26.18M123.20M-462.78M
ChangeInOtherWorkingCapital-42.76M-111.73M
ChangeInOtherCurrentLiabilities-918.00K-5.82M-4.49M-4.49M
ChangeInOtherCurrentAssets-3.60M0.000.00-114.90M
ChangeInPayablesAndAccruedExpense1.64M-21.43M51.37M97.29M
ChangeInAccruedExpense2.93M-23.64M-70.53M61.28M
ChangeInInterestPayable1.24M-2.43M1.19M937.33K
ChangeInPayable-1.29M2.22M121.90M36.01M
ChangeInAccountPayable-1.26M2.37M121.75M38.80M
ChangeInTaxPayable-36.00K-149.00K143.00K-2.83M
ChangeInIncomeTaxPayable-36.00K-149.00K143.00K-2.83M
ChangeInPrepaidAssets-2.80M970.00K72.79M-541.96M
ChangeInReceivables-54.00K95.00K3.53M-13.63M
ChangesInAccountReceivables-54.00K95.00K3.53M-13.63M
OtherNonCashItems65.32M-132.10M-3.57M-490.88K
StockBasedCompensation44.67M70.76M202.35M150.17M
ProvisionandWriteOffofAssets0.000.0020.84M618.95K
AssetImpairmentCharge14.46M161.90M441.93M52.88M
DepreciationAmortizationDepletion61.46M86.87M91.38M47.44M
DepreciationAndAmortization61.46M86.87M91.38M47.44M
AmortizationCashFlow0.00
AmortizationOfIntangibles0.00
Depreciation91.38M47.44M
OperatingGainsLosses-150.74M-220.14M-50.67M-75.29M
EarningsLossesFromEquityInvestments1.12M0.000.001.73M
GainLossOnInvestmentSecurities-45.04M-23.17M-37.25M-62.25M
NetForeignCurrencyExchangeGainLoss-125.79M-36.73M-7.62M4.15M
GainLossOnSaleOfPPE7.34M-50.00K-8.84M-3.91M
GainLossOnSaleOfBusiness11.61M-160.19M3.04M-15.02M
NetIncomeFromContinuingOperations-73.64M12.58M-979.49M-416.83M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for NCTY
Date User Asset Broker Type Position Size Entry Price Patterns