NCTY Stock Overview
Operates as a cryptocurrency mining business in China, Eastern Europe, Asia, and North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
The9 Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.61 |
| 52 Week High | US$20.59 |
| 52 Week Low | US$4.60 |
| Beta | 2.1 |
| 1 Month Change | 7.36% |
| 3 Month Change | 89.44% |
| 1 Year Change | 176.28% |
| 3 Year Change | -63.18% |
| 5 Year Change | -83.91% |
| Change since IPO | -99.75% |
Recent News & Updates
The9 Limited's (NASDAQ:NCTY) Share Price Could Signal Some Risk
Jan 13
Market Cool On The9 Limited's (NASDAQ:NCTY) Revenues Pushing Shares 29% Lower
Aug 06Recent updates
The9 Limited's (NASDAQ:NCTY) Share Price Could Signal Some Risk
Jan 13Market Cool On The9 Limited's (NASDAQ:NCTY) Revenues Pushing Shares 29% Lower
Aug 06The9 Limited (NASDAQ:NCTY) Stock Rockets 32% But Many Are Still Ignoring The Company
Jun 18A Piece Of The Puzzle Missing From The9 Limited's (NASDAQ:NCTY) 27% Share Price Climb
May 03Cautious Investors Not Rewarding The9 Limited's (NASDAQ:NCTY) Performance Completely
Mar 05The9 announces custody account with Coinbase Global's subsidiary
Jun 17The9 to acquire a Canadian clean energy cryptocurrency mining facilities
Jun 04The9 Limited: Skeptical Of This New Crypto Miner With Lofty Ambitions
Feb 02The9 rallies on signing term sheer with cryptocurrencies mining investors
Jan 04The9 receives Nasdaq notice
Nov 17Shareholder Returns
| NCTY | US Software | US Market | |
|---|---|---|---|
| 7D | -1.5% | -3.6% | -0.9% |
| 1Y | 176.3% | 11.5% | 22.6% |
Return vs Industry: NCTY exceeded the US Software industry which returned 12.5% over the past year.
Return vs Market: NCTY exceeded the US Market which returned 24.3% over the past year.
Price Volatility
| NCTY volatility | |
|---|---|
| NCTY Average Weekly Movement | 13.0% |
| Software Industry Average Movement | 8.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NCTY's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: NCTY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 50 | Jun Zhu | www.the9.com |
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.
The9 Limited Fundamentals Summary
| NCTY fundamental statistics | |
|---|---|
| Market cap | US$152.31m |
| Earnings (TTM) | US$18.17m |
| Revenue (TTM) | US$24.34m |
8.0x
P/E Ratio6.0x
P/S RatioIs NCTY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCTY income statement (TTM) | |
|---|---|
| Revenue | CN¥176.49m |
| Cost of Revenue | CN¥191.35m |
| Gross Profit | -CN¥14.86m |
| Other Expenses | -CN¥146.63m |
| Earnings | CN¥131.77m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 14.11 |
| Gross Margin | -8.42% |
| Net Profit Margin | 74.66% |
| Debt/Equity Ratio | 35.3% |
How did NCTY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 07:55 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The9 Limited is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eddie Leung | BofA Global Research |
| Andrey Glukhov | Brean Capital |
| Scott Kessler | CFRA Equity Research |