The9 Ltd. is engaged in the operation of online games. The firm's main businesses are the operation and development of mobile phones and computer games. The firm offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. The firm's main products include Legend of Immortals, The World of Kings, CrossFire and others. The firm is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The firm conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
06/30/2025
12/31/2024
06/30/2024
12/31/2023
Revenue
107
45
62
19
92
82
Revenue Growth (YoY)
-4%
137%
-33%
-77%
-5%
30%
Cost of Revenue
106
42
63
28
85
108
Gross Profit
1
3
-1
-8
6
-24
Selling, General & Admin
239
172
67
98
59
68
Research & Development
9
9
0
0
0
1
Operating Expenses
249
181
67
99
59
69
Other Non Operating Income (Expenses)
2
0
2
-7
2
179
Pretax Income
-408
-340
-67
-70
-2
128
Income Tax Expense
0
0
0
0
0
0
Net Income
-402
-333
-68
-73
0
290
Net Income Growth
451%
356%
--
-125%
-100%
-173%
Shares Outstanding (Diluted)
2,828.48
2,828.48
1,719.07
1,531.14
1,275.18
1,140
Shares Change (YoY)
85%
85%
35%
34%
45%
-17%
EPS (Diluted)
-0.15
-0.11
-0.04
-0.04
0
0.25
EPS Growth
229.99%
145%
-20,150%
-119%
-100%
-189%
Free Cash Flow
--
--
--
--
--
--
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
0.93%
6.66%
-1.61%
-42.1%
6.52%
-29.26%
Operating Margin
-230.84%
-395.55%
-111.29%
-563.15%
-56.52%
-119.51%
Profit Margin
-375.7%
-740%
-109.67%
-384.21%
0%
353.65%
Free Cash Flow Margin
--
--
--
--
--
--
EBITDA
--
--
--
--
--
--
EBITDA Margin
--
--
--
--
--
--
D&A For EBITDA
--
--
--
--
--
--
EBIT
-247
-178
-69
-107
-52
-98
EBIT Margin
-230.84%
-395.55%
-111.29%
-563.15%
-56.52%
-119.51%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are The9 Ltd's key financial statements?
According to the latest financial statement (Form-10K), The9 Ltd has a total asset of $0, Net loss of $0
What are the key financial ratios for NCTY?
The9 Ltd's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is The9 Ltd's revenue broken down by segment or geography?
The9 Ltd largest revenue segment is Cryptocurrency Mining, at a revenue of 15,387,218 in the most earnings release.For geography, Asia/Eastern Europe is the primary market for The9 Ltd, at a revenue of 14,305,629.
Is The9 Ltd profitable?
no, according to the latest financial statements, The9 Ltd has a net loss of $0