---
title: "The9 (NCTY.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/NCTY.US/norm.md"
symbol: "NCTY.US"
name: "The9"
parent: "https://longbridge.com/en/quote/NCTY.US.md"
datetime: "2026-05-20T18:25:11.019Z"
locales:
  - [en](https://longbridge.com/en/quote/NCTY.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/NCTY.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/NCTY.US/norm.md)
---

# The9 (NCTY.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -2.53 | -2.48 | -0.8382 | -0.8276 | -0.9885 |
| ROE | -349.48% | -223.02% | -33.83% | -36.94% | -43.50% |
| Revenue | 3.28M | 3.22M | 4.33M | 4.27M | 1.34M |
| Net income | -23.84M | -23.43M | -4.80M | -4.74M | -5.05M |
| Operating income | -17.02M | -16.73M | -2.45M | -2.42M | -2.45M |
| Gross margin | 6.77% | 6.77% | -2.09% | -2.09% | -43.72% |
| Net margin | -727.75% | -727.75% | -111.01% | -111.01% | -375.19% |
| Profit quality | - | - | - | - | - |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 84.87M | 83.40M | 99.46M | 98.20M | 87.22M |
| Leverage | 3.50 | 3.50 | 1.81 | 1.81 | 1.96 |
| BVPS | 1.79 | 1.76 | 3.76 | 3.71 | 3.72 |
| Turnover | 0.1754 | 0.1541 | 0.1183 | 0.1400 | 0.2233 |
| Cash & STI | 8.36M | 8.22M | 5.03M | 4.97M | 1.49M |
| Inv & Rec | - | - | - | - | - |
| LT assets | 7.92M | 7.78M | 1.75M | 1.73M | 2.85M |
| Net debt | 25.18M | 24.74M | 17.60M | 17.38M | 17.22M |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | - | - | - | - | - |
| Investing CF | - | - | - | - | - |
| Financing CF | - | - | - | - | - |
| Free CF | - | - | - | - | - |
| OCF coverage | - | - | - | - | - |
| Repaid & issued | - | - | - | - | - |
| CapEx | - | - | - | - | - |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
1.07USD | 2009-02-02 | 2009-01-29 | 2009-02-09 |