NCTY Stock Overview
The9 Limited, together with its subsidiaries, operates as Internet company in the People’s Republic of China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
The9 Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.75 |
| 52 Week High | US$14.70 |
| 52 Week Low | US$3.33 |
| Beta | 1.92 |
| 1 Month Change | 10.58% |
| 3 Month Change | 42.68% |
| 1 Year Change | -40.10% |
| 3 Year Change | -97.31% |
| 5 Year Change | -96.86% |
| Change since IPO | -99.91% |
Recent News & Updates
Recent updates
Cautious Investors Not Rewarding The9 Limited's (NASDAQ:NCTY) Performance Completely
Mar 05
The9 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 | -10.4% | -4.5% | -3.7% |
| 1Y | -40.1% | 39.4% | 20.5% |
Return vs Industry: NCTY underperformed the US Software industry which returned 39.2% over the past year.
Return vs Market: NCTY underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| NCTY volatility | |
|---|---|
| NCTY Average Weekly Movement | 15.1% |
| Software Industry Average Movement | 8.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NCTY's share price has been volatile over the past 3 months.
Volatility Over Time: NCTY's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 72 | Jun Zhu | www.the9.com |
The9 Limited, together with its subsidiaries, operates as Internet company in the People’s Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004.
The9 Limited Fundamentals Summary
| NCTY fundamental statistics | |
|---|---|
| Market cap | US$31.27m |
| Earnings (TTM) | -US$18.90m |
| Revenue (TTM) | US$24.73m |
1.3x
P/S Ratio-1.7x
P/E RatioIs NCTY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCTY income statement (TTM) | |
|---|---|
| Revenue | CN¥179.05m |
| Cost of Revenue | CN¥211.90m |
| Gross Profit | -CN¥32.85m |
| Other Expenses | CN¥104.00m |
| Earnings | -CN¥136.85m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -24.51 |
| Gross Margin | -18.35% |
| Net Profit Margin | -76.43% |
| Debt/Equity Ratio | 36.8% |
How did NCTY perform over the long term?
See historical performance and comparison