The9 Limited (NCTY)

NASDAQ: NCTY · Real-Time Price · USD
8.40
-0.04 (-0.47%)
Nov 8, 2024, 4:00 PM EST - Market closed
-0.47%
Market Cap 75.49M
Revenue (ttm) 25.25M
Net Income (ttm) 2.82M
Shares Out 8.99M
EPS (ttm) 0.84
PE Ratio 26.76
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 90,194
Open 8.38
Previous Close 8.44
Day's Range 8.25 - 8.62
52-Week Range 4.03 - 10.00
Beta 1.91
Analysts n/a
Price Target n/a
Earnings Date n/a

About NCTY

The9 Limited operates as a cryptocurrency mining business in China, Eastern Europe, Asia, and North America. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People’s Republic of China. [Read more]

Industry Capital Markets
Sector Financials
IPO Date Dec 15, 2004
Employees 50
Stock Exchange NASDAQ
Ticker Symbol NCTY
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

News

NCTY Surges Following Joint Venture Agreement in AI and Big Data Marketing

On Wednesday, shares of The9 Limited (NCTY, Financial) opened over 6% higher and extended their gains to 7.36%, trading at $7.88. The rise in stock price follows the announcement of a joint venture ag...

4 weeks ago - GuruFocus

The9 Establishes Joint Venture to Operate AI Algorithms Marketing Business

Joint Venture Partner Committed Annual Profit of RMB100 Million in 2025 SHANGHAI , Oct. 9, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced t...

4 weeks ago - PRNewsWire

Zhejiang Huanyu and The9 Establish Joint Venture and Signed Non-Exclusive Agreement to Operate New MIR Game with Annual Revenue Commitment of RMB600 Million, Profit Commitment of RMB200 Million and Annual Increase of 30%

SHANGHAI , Aug. 23, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co...

2 months ago - PRNewsWire

The9 Signed a Definitive Share Purchase Agreement to Invest in AI-Powered Educational Technology Company

SHANGHAI , June 2, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") wi...

5 months ago - PRNewsWire

The9 Obtained Strategic Investment from Fine Vision Game Fund

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it agreed and signed a private placement agreement (the "Agre...

6 months ago - PRNewsWire

The9 Obtained Exclusive Publishing License of "MIR M" IP, A New Chinese Edition of Mobile and PC Game from Wemade

SHANGHAI , May 24, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that its wholly-owned subsidiary China Crown Technology Limited ("...

6 months ago - PRNewsWire

The9 Signed a Definitive Share Purchase Agreement to Invest in AI Unmanned Retail Store Platform KuaiJin

SHANGHAI , May 20, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") wi...

6 months ago - PRNewsWire

The9 Limited Achieved 66% Increase in Net Revenues and Turned Net Loss into Net Income for the Year Ended December 31, 2023

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an established Internet company, today announced it filed its annual report on Form 20-F for the year ended December 31,...

7 months ago - PRNewsWire

A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born

SHANGHAI , April 15, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its investee WM Therapeutics Co., Ltd. (未名脑脑) ("WM Therapeutics") ...

7 months ago - PRNewsWire

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic

SHANGHAI , March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") ...

8 months ago - PRNewsWire

The9 Signed a Legally Binding Term Sheet to Acquire a Leading AIGC Driven Digital Human SaaS Platform ShenMa

SHANGHAI , March 5, 2024 /PRNewswire/ --  The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with She...

8 months ago - PRNewsWire

The9 Signed a Legally Binding Term Sheet with a Leading AI SaaS Legal Service Platform 365LAWHELP.COM

SHANGHAI , Feb. 21, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet (the "Term Sheet") with Zhej...

9 months ago - PRNewsWire

The9's Chairman and CEO to Purchase No More Than 10% of The9 ADSs in the Open Market

SHANGHAI , Jan. 19, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9" or the "Company"), an established Internet company, today announced that it was informed by its Chairman and CEO, Jun Zhu, ...

10 months ago - PRNewsWire

The9 Limited Raised US$12 million in a Private Placement Transaction to Fund Business Growth

SHANGHAI , Nov. 30, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it has closed a private placement securities purchase transa...

1 year ago - PRNewsWire

The9 Limited to Hold Annual General Meeting on December 22, 2023

SHANGHAI , Nov. 17, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold an annual general meeting of shareholders at BN...

1 year ago - PRNewsWire

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2022 and Adopted Tenth Amended and Restated 2004 Stock Option Plan

SHANGHAI , May 1, 2023 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 wi...

1 year ago - PRNewsWire

The9 Limited Announces Result of Annual General Meeting

SHANGHAI , Dec. 19, 2022 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq: NCTY), an established Internet company, today announced that the following proposed resolution submitted for shareholder ...

2 years ago - PRNewsWire

The9 Limited to Hold Annual General Meeting on December 19, 2022

SHANGHAI , Nov. 17, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders ("AG...

2 years ago - PRNewsWire

The9 Announces Cancellation of Warrants and Investment in the Initial Public Offering of Nano Labs

SHANGHAI , July 14, 2022 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it has entered into a cancellation agreement with JPKONG LTD. and Qifeng Sun Ltd.

2 years ago - PRNewsWire

The9 Limited and SolarCoin, a Kyrgyzstan Cryptomining Company, Signed Contract on Purchase of Computing Center

SHANGHAI , May 11, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise S...

2 years ago - PRNewsWire

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI , May 6, 2022 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 wi...

2 years ago - PRNewsWire

The9 Limited Announces Results of Annual General Meeting and Class B Meeting

SHANGHAI, Dec. 22, 2021 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq : NCTY), an established Internet company, today announced that the following proposed resolutions submitted for shareholder...

3 years ago - PRNewsWire

The9 Limited to Hold Annual General Meeting on December 22, 2021

SHANGHAI, Nov. 24, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders ("AGM...

3 years ago - PRNewsWire

The9 Limited Announced Its NFTSTAR is Planned to be Officially Launched on December 17 Global Pre-registered Users Exceeded 180,000

SINGAPORE, Nov. 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that following the recent signing of partnering stars, its NFT community...

3 years ago - PRNewsWire

Son Heung-min Signs Exclusive License Agreement with The9 Limited for NFT Collections Development and Sales Through NFTSTAR

SINGAPORE, Nov. 17, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announces that its NFT community and trading platform, NFTSTAR (www.nftstar.com), ...

3 years ago - PRNewsWire