The9 Limited (NCTY)
NASDAQ: NCTY · Real-Time Price · USD
4.690
-0.110 (-2.29%)
At close: Sep 4, 2026, 4:00 PM EDT
4.600
-0.090 (-1.92%)
After-hours: Sep 4, 2026, 7:30 PM EDT
The9 Limited Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 63.51 | 107.9 | 111.71 | 174.05 | 104.93 | 135.58 |
| 63.51 | 107.9 | 111.71 | 174.05 | 104.93 | 135.58 | |
Revenue Growth | -22.26% | -3.42% | -35.81% | 65.87% | -22.61% | 21575.29% |
Cost of Revenue | 55.71 | 106.09 | 113.32 | 213.18 | 152.31 | 87.8 |
Gross Profit | 7.79 | 1.81 | -1.6 | -39.13 | -47.38 | 47.78 |
Selling, General & Admin | 246.36 | 239.77 | 158.08 | 198.52 | 363.43 | 290.99 |
Research & Development | 16.08 | 9.8 | 0.86 | 1.97 | 2.43 | 1.92 |
Other Operating Expenses | 142.46 | 25.55 | -109.07 | -82.87 | 47.76 | 50.89 |
Operating Expenses | 404.9 | 275.12 | 49.86 | 117.62 | 413.62 | 343.8 |
Operating Income | -397.11 | -273.31 | -51.47 | -156.75 | -461 | -296.02 |
Interest Expense | -39.92 | -23.26 | -34.22 | -31.38 | -23.34 | -119.17 |
Interest & Investment Income | 0.45 | 0.45 | - | - | - | - |
Earnings From Equity Investments | - | -0.57 | -1.12 | - | - | -1.73 |
Currency Exchange Gain (Loss) | 6.01 | 2.99 | -0.71 | -6.82 | -6.29 | -6.45 |
Other Non Operating Income (Expenses) | 641.45 | -4.63 | 47.26 | 31.45 | 15.55 | 13.76 |
EBT Excluding Unusual Items | 210.88 | -298.33 | -40.27 | -163.5 | -475.09 | -409.62 |
Gain (Loss) on Sale of Investments | -142.8 | -103.47 | -7.17 | 5.16 | -46.5 | 9.65 |
Gain (Loss) on Sale of Assets | -0.4 | -0.4 | -18.91 | -0.23 | 5.05 | 18.92 |
Asset Writedown | -31.43 | - | -6.51 | -161 | -176.87 | -11.64 |
Other Unusual Items | -1.48 | -6.6 | -0.79 | 175.3 | - | - |
Pretax Income | 34.76 | -408.81 | -73.64 | -144.28 | -693.41 | -392.69 |
Income Tax Expense | -0.02 | 0.11 | - | - | - | - |
Earnings From Continuing Operations | 34.78 | -408.92 | -73.64 | -144.28 | -693.41 | -392.69 |
Earnings From Discontinued Operations | - | - | - | 156.85 | -286.09 | -24.13 |
Net Income to Company | 34.78 | -408.92 | -73.64 | 12.58 | -979.49 | -416.83 |
Minority Interest in Earnings | 9.35 | 6.47 | 0.22 | 7.43 | 4.63 | 5.59 |
Net Income | 44.13 | -402.45 | -73.42 | 20 | -974.86 | -411.23 |
Net Income to Common | 44.13 | -402.45 | -73.42 | 20 | -974.86 | -411.23 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 10 | 8 | 5 | 3 | 2 | 2 |
Shares Outstanding (Diluted) | 10 | 8 | 5 | 3 | 2 | 2 |
Shares Change | 84.42% | 62.05% | 38.80% | 40.36% | 45.41% | 202.75% |
EPS (Basic) | 4.42 | -53.10 | -15.70 | 5.94 | -406.06 | -249.08 |
EPS (Diluted) | 4.42 | -53.10 | -15.70 | 5.94 | -406.06 | -249.08 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -62.78 | -33.2 | -44.2 | -48.43 | -402.86 | -779.91 |
Free Cash Flow Per Share | -6.29 | -4.38 | -9.45 | -14.37 | -167.80 | -472.38 |
Gross Margin | 12.27% | 1.68% | -1.44% | -22.48% | -45.15% | 35.24% |
Operating Margin | -625.30% | -253.30% | -46.07% | -90.06% | -439.35% | -218.34% |
Profit Margin | 69.50% | -372.99% | -65.72% | 11.49% | -929.06% | -303.32% |
Free Cash Flow Margin | -98.86% | -30.77% | -39.56% | -27.83% | -383.93% | -575.25% |
EBITDA | -380.71 | -259.72 | 10 | -69.89 | -369.62 | -248.59 |
EBITDA Margin | - | -240.71% | 8.95% | -40.15% | - | -183.36% |
D&A For EBITDA | 16.4 | 13.58 | 61.46 | 86.87 | 91.38 | 47.44 |
EBIT | -397.11 | -273.31 | -51.47 | -156.75 | -461 | -296.02 |
EBIT Margin | - | -253.30% | -46.07% | -90.06% | - | -218.34% |
Revenue as Reported | 63.51 | 107.9 | 111.71 | 174.05 | 104.93 | 135.58 |
Advertising Expenses | - | 0.4 | - | 0.2 | 10.1 | 20 |