The9 Limited (NCTY)
NASDAQ: NCTY · Real-Time Price · USD
5.80
+0.74 (14.62%)
At close: Feb 6, 2026, 4:00 PM EST
5.84
+0.04 (0.69%)
After-hours: Feb 6, 2026, 4:10 PM EST
The9 Limited Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 81.7 | 111.71 | 174.05 | 104.93 | 135.58 | 0.63 |
| 81.7 | 111.71 | 174.05 | 104.93 | 135.58 | 0.63 | |
Revenue Growth (YoY) | -53.71% | -35.81% | 65.87% | -22.61% | 21575.29% | 83.16% |
Cost of Revenue | 91.57 | 113.32 | 213.18 | 152.31 | 87.8 | 0.81 |
Gross Profit | -9.88 | -1.6 | -39.13 | -47.38 | 47.78 | -0.19 |
Selling, General & Admin | 166.33 | 158.08 | 198.52 | 363.43 | 290.99 | 109.39 |
Research & Development | 0.74 | 0.86 | 1.97 | 2.43 | 1.92 | 2.44 |
Other Operating Expenses | -109.16 | -109.07 | -82.87 | 47.76 | 50.89 | -0.03 |
Operating Expenses | 57.91 | 49.86 | 117.62 | 413.62 | 343.8 | 111.81 |
Operating Income | -67.79 | -51.47 | -156.75 | -461 | -296.02 | -111.99 |
Interest Expense | -33.67 | -34.22 | -31.38 | -23.34 | -119.17 | -4.07 |
Interest & Investment Income | - | - | - | - | - | 0.43 |
Earnings From Equity Investments | -1.36 | -1.12 | - | - | -1.73 | -2.17 |
Currency Exchange Gain (Loss) | -3.89 | -0.71 | -6.82 | -6.29 | -6.45 | -8.32 |
Other Non Operating Income (Expenses) | 32.44 | 39.16 | 31.45 | 15.55 | 13.76 | -18.36 |
EBT Excluding Unusual Items | -74.27 | -48.36 | -163.5 | -475.09 | -409.62 | -144.48 |
Gain (Loss) on Sale of Investments | -46.71 | -7.17 | 5.16 | -46.5 | 9.65 | -16.18 |
Gain (Loss) on Sale of Assets | -11.6 | -11.61 | -0.23 | 5.05 | 18.92 | 475.62 |
Asset Writedown | -6.51 | -6.51 | -161 | -176.87 | -11.64 | -6.52 |
Other Unusual Items | - | - | 175.3 | - | - | 92.15 |
Pretax Income | -139.09 | -73.64 | -144.28 | -693.41 | -392.69 | 400.6 |
Income Tax Expense | 0.13 | - | - | - | - | 7.17 |
Earnings From Continuing Operations | -139.22 | -73.64 | -144.28 | -693.41 | -392.69 | 393.43 |
Earnings From Discontinued Operations | - | - | 156.85 | -286.09 | -24.13 | - |
Net Income to Company | -139.22 | -73.64 | 12.58 | -979.49 | -416.83 | 393.43 |
Minority Interest in Earnings | -3.33 | 0.22 | 7.43 | 4.63 | 5.59 | 4.45 |
Net Income | -142.55 | -73.42 | 20 | -974.86 | -411.23 | 397.88 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 1.19 |
Net Income to Common | -142.55 | -73.42 | 20 | -974.86 | -411.23 | 396.69 |
Shares Outstanding (Basic) | 5 | 5 | 3 | 2 | 2 | 1 |
Shares Outstanding (Diluted) | 5 | 5 | 3 | 2 | 2 | 1 |
Shares Change (YoY) | 34.57% | 38.80% | 40.36% | 45.41% | 202.75% | 53.75% |
EPS (Basic) | -26.31 | -15.70 | 5.94 | -406.06 | -249.08 | 727.43 |
EPS (Diluted) | -26.31 | -15.70 | 5.94 | -406.06 | -249.08 | 727.43 |
Free Cash Flow | - | -44.2 | -48.43 | -402.86 | -779.91 | -106.61 |
Free Cash Flow Per Share | - | -9.45 | -14.37 | -167.80 | -472.38 | -195.50 |
Gross Margin | -12.09% | -1.44% | -22.48% | -45.15% | 35.24% | -30.16% |
Operating Margin | -82.98% | -46.07% | -90.06% | -439.35% | -218.34% | -17905.03% |
Profit Margin | -174.49% | -65.72% | 11.49% | -929.06% | -303.32% | 63421.40% |
Free Cash Flow Margin | - | -39.56% | -27.83% | -383.93% | -575.25% | -17044.74% |
EBITDA | -19.03 | 10 | -69.89 | -369.62 | -248.59 | -111.55 |
EBITDA Margin | -23.29% | 8.95% | -40.15% | - | -183.36% | - |
D&A For EBITDA | 48.76 | 61.46 | 86.87 | 91.38 | 47.44 | 0.45 |
EBIT | -67.79 | -51.47 | -156.75 | -461 | -296.02 | -111.99 |
EBIT Margin | -82.98% | -46.07% | -90.06% | - | -218.34% | - |
Effective Tax Rate | - | - | - | - | - | 1.79% |
Revenue as Reported | 81.7 | 111.71 | 174.05 | 104.93 | 135.58 | 0.63 |
Advertising Expenses | - | - | 0.2 | 10.1 | 20 | 0.1 |
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.