The9 (NCTY) Stock Overview
Operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
NCTY Community Fair Values
See what others think this stock is worth. Follow their fair value or set your own to get alerts.
Top Community Narratives
The9 Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.79 |
| 52 Week High | US$11.60 |
| 52 Week Low | US$3.14 |
| Beta | 2.09 |
| 1 Month Change | -16.34% |
| 3 Month Change | -17.25% |
| 1 Year Change | -60.15% |
| 3 Year Change | -46.41% |
| 5 Year Change | -96.91% |
| Change since IPO | -99.90% |
Recent News & Updates
The9 Reports US$32 Million Net Income for Second Quarter of 2026, Up Over 39% Sequentially
Increase driven by the fair-value recognition of 9BIT tokens received under the Company's cooperation agreement with the 9BIT Foundation as the9bit continued to expand AI capabilities, community engagement and commercial partnerships SHANGHAI, Aug. 24, 2026 - The9 Limited (Nasdaq: NCTY ) ("The9" or the "Company"), a global, diversified high-tech company, today reported its unaudited financial results for the three months ended June 30, 2026.US Stocks Welcome AI Pharmaceutical Unicorn, Chinese Capital Bets 6 Years On
The US biotech sector is seeing a long-awaited resurgence of risk appetite in August. On August 19th local time, Moderna and Merck announced positive results from their Phase III study of a personalized mRNA cancer vaccine in combination with Keytruda.Recent updates
Shareholder Returns
| NCTY | US Software | US Market | |
|---|---|---|---|
| 7D | -22.3% | -1.6% | 0.9% |
| 1Y | -60.1% | -5.9% | 15.5% |
Return vs Industry: NCTY underperformed the US Software industry which returned -5.9% over the past year.
Return vs Market: NCTY underperformed the US Market which returned 15.5% over the past year.
Price Volatility
| NCTY volatility | |
|---|---|
| NCTY Average Weekly Movement | 20.2% |
| Software Industry Average Movement | 9.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 3.0% |
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 has increased from 14% to 20% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 44 | George Lai | www.the9.com |
The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. It operates through Cryptocurrency Mining and Online game services segments. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and databases, the development and update of computer software, and other related technical and consulting services.
The9 Limited Fundamentals Summary
| NCTY fundamental statistics | |
|---|---|
| Market cap | US$68.51m |
| Earnings (TTM) | US$6.58m |
| Revenue (TTM) | US$9.47m |
Is NCTY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCTY income statement (TTM) | |
|---|---|
| Revenue | CN¥63.51m |
| Cost of Revenue | CN¥55.71m |
| Gross Profit | CN¥7.79m |
| Other Expenses | -CN¥36.34m |
| Earnings | CN¥44.13m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.90 |
| Gross Margin | 12.27% |
| Net Profit Margin | 69.50% |
| Debt/Equity Ratio | 34.8% |
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 | 2026/09/09 23:46 |
| End of Day Share Price | 2026/09/09 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the 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 Github.
Analyst Sources
The9 Limited is covered by 8 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 |
| Alicia Yap | Citigroup Inc |
| Di Wei | J.P. Morgan |