The9 Ltd ADR (NASDAQ:NCTY) — Stock Price
The9 Ltd ADR (NASDAQ:NCTY) is currently trading at $5.50 USD, down 2.31% today. Over the past 52 weeks, shares have ranged between $5.04 and $12.48. This page tracks The9 Ltd ADR's live share price on the NASDAQ exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see NCTY market cap overview.
The9 Ltd ADR (NCTY) Stock Price Chart — Daily History & Trading Volume
The chart below tracks The9 Ltd ADR's daily closing share price and trading volume on the NASDAQ exchange over the past year, giving a clear view of recent price momentum and liquidity.
The9 Ltd ADR Income Statement — Revenue, Profit & Earnings by Year
The9 Ltd ADR's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Revenue | $111.71 Million | $179.05 Million | $104.93 Million | $135.88 Million | $625.49K |
| Cost of Revenue | $113.32 Million | $211.90 Million | $184.62 Million | $88.03 Million | $814.14K |
| Gross Profit | $-1.60 Million | $-32.85 Million | $-47.38 Million | $47.84 Million | $-188.65K |
| Research & Development | $856.00K | $1.97 Million | $2.43 Million | $1.92 Million | $2.44 Million |
| SG&A | $157.83 Million | $203.07 Million | $376.38 Million | $293.15 Million | $108.75 Million |
| Total Operating Expenses | $57.16 Million | $284.90 Million | $614.15 Million | $317.11 Million | $-336.90 Million |
| Operating Income | $-58.76 Million | $-317.75 Million | $-661.53 Million | $-307.66 Million | $336.71 Million |
| EBITDA | $23.17 Million | $-26.03 Million | $-369.62 Million | $-248.59 Million | $-111.55 Million |
| EBIT | $-38.30 Million | $-112.90 Million | $-461.00 Million | $-296.02 Million | $-111.99 Million |
| Interest Expense | $34.22 Million | $31.38 Million | $23.34 Million | $119.17 Million | $4.07 Million |
| Income Before Tax | $-72.52 Million | $-144.28 Million | $-294.88 Million | $-392.69 Million | $400.60 Million |
| Income Tax Expense | $1.12 Million | $50.72 Million | $398.52 Million | $70.72 Million | $7.17 Million |
| Net Income | $-73.42 Million | $20.00 Million | $-974.86 Million | $-411.23 Million | $397.88 Million |
The9 Ltd ADR Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes The9 Ltd ADR's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Assets | $636.64 Million | $363.73 Million | $599.11 Million | $1.31 Billion | $48.44 Million |
| Total Current Assets | $243.69 Million | $222.80 Million | $393.43 Million | $1.05 Billion | $42.32 Million |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | — | — | $0.00 | $800.00K | $0.00 |
| Net Receivables | $7.70 Million | $56.07K | $2.17 Million | $66.02 Million | $6.75 Million |
| Inventory | — | $82.92 Million | $267.84 Million | $469.15 Million | $3.87 Million |
| Property, Plant & Equipment | — | — | $154.91 Million | — | $6.13 Million |
| Goodwill | — | — | — | — | — |
| Total Liabilities | $209.13 Million | $182.39 Million | $571.57 Million | $546.86 Million | $715.88 Million |
| Total Current Liabilities | $205.61 Million | $162.85 Million | $564.16 Million | $544.30 Million | $364.37 Million |
| Long-term Debt | — | $16.75 Million | — | — | — |
| Net Debt | $125.70 Million | $29.88 Million | $16.12 Million | $-328.70 Million | $-4.84 Million |
| Total Stockholder Equity | $441.29 Million | $206.27 Million | $45.31 Million | $776.47 Million | $-287.72 Million |
| Retained Earnings | $-4.43 Billion | $-4.36 Billion | $-4.38 Billion | $-3.40 Billion | $-2.99 Billion |
The9 Ltd ADR Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how The9 Ltd ADR generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Cash Flow | $-44.20 Million | $-46.32 Million | $-154.74 Million | $-687.69 Million | $-106.25 Million |
| Capital Expenditures | $18.00 Million | $2.11 Million | $253.65 Million | $92.02 Million | $359.57K |
| Free Cash Flow | $-62.20 Million | $-48.43 Million | $-408.39 Million | $-779.71 Million | $-106.61 Million |
| Investing Cash Flow | $-57.02 Million | $4.73 Million | $-248.79 Million | $-141.08 Million | $438.26 Million |
| Financing Cash Flow | $69.77 Million | $32.20 Million | $33.03 Million | $1.23 Billion | $-310.69 Million |
| Dividends Paid | — | — | — | — | — |
| Stock-Based Compensation | $44.67 Million | $70.76 Million | $202.35 Million | $150.17 Million | $55.06 Million |
| Depreciation | $61.46 Million | $86.87 Million | $91.38 Million | $47.44 Million | $447.78K |
| Change in Cash | $-34.31 Million | $-12.84 Million | $-370.36 Million | $396.72 Million | $21.58 Million |
The9 Ltd ADR Earnings History — EPS Actual vs. Analyst Estimates
Track The9 Ltd ADR's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| Dec 22, 2025 | -12.02 | 0.00 | — |
| Apr 28, 2025 | -14.43 | 0.00 | — |
| Dec 31, 2024 | 0.05 | 0.00 | — |
| Nov 29, 2023 | 0.00 | 0.00 | — |
| Aug 30, 2023 | 0.00 | 0.00 | — |
| May 31, 2023 | 0.00 | 0.00 | — |
| Mar 27, 2023 | 0.00 | 0.00 | — |
| Nov 30, 2022 | 0.00 | 0.00 | — |