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Explore 3 Stock Ideas & Industry Insights Download Free Report

Company price
2.64 USD -0.08 ( 2.94%)
Last update at 2026-11-12T15:32:00Z
VOLUME
6069
Market Cap
53.83M

Momentum Score

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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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
2.63
Low
2.77
High
52 Week Price Range
3.33
Low
14.70
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
2.72
Dividend Yield
-
Revenue TTM
179.05M
Revenue Per Share
53.14
Gross Profit TTM
-65.74M
Debt / Equity
0.36
ROE
-138.15%
Net Debt
29.88M
ROCE
-478.72%
Diluted EPS TTM
-5.91

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -979.49M -415.10M 402.76M -193.32M -234.99M
Minority interest 4.63M 5.59M -30.68M -43.84M -32.11M
Net income -1378.02M -485.82M 397.88M -221.67M -217.09M
Selling general administrative 376.38M 293.15M 108.75M 113.87M 89.58M
Selling and marketing expenses 118.59M 22.04M 0.65M 2.11M 2.33M
Gross profit -65.74M 47.84M -0.19M -1.00M 1.00M
Reconciled depreciation 91.38M 47.44M 0.45M 4.22M 5.57M
Ebit -961.61M -269.27M 336.71M -163.72M -113.45M
Ebitda -461.75M -266.42M -74.16M -116.43M -107.87M
Depreciation and amortization 499.86M 2.85M -410.87M 47.28M 5.57M
Non operating income net other - - - - 0.00M
Operating income -961.61M -269.27M 336.71M -163.72M -104.77M
Other operating expenses 682.02M 405.14M 112.62M 130.38M 132.67M
Interest expense 23.21M 119.17M 4.07M 34.50M 104.78M
Tax provision 0.00M 0.00M 7.17M 0.00M 0.00M
Interest income 0.00M 0.00M 0.43M 0.02M 0.19M
Net interest income -23.21M -119.17M -3.64M -34.48M -104.58M
Extraordinary items - - - - 0.00M
Non recurring - - - - 0.00M
Other items - - - - 0.00M
Income tax expense 398.52M 70.72M 7.17M 28.35M -25.45M
Total revenue 118.89M 135.88M 0.63M 0.34M 17.43M
Total operating expenses 497.40M 317.11M 111.81M 129.04M 116.23M
Cost of revenue 184.62M 88.03M 0.81M 1.34M 16.44M
Total other income expense net -17.89M -145.83M 66.06M -29.60M -15.17M
Discontinued operations - - - - 0.00M
Net income from continuing ops -979.49M -416.83M 393.43M -196.17M -239.28M
Net income applicable to common shares -974.86M -974.86M 396.69M -190.62M -258.01M
Preferred stock and other adjustments - - - - 0.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 363.73M 599.11M 1310.32M 48.44M 181.46M
Other current assets 87.71M 66.34M 86.12M 9.86M 8.85M
Total liab 182.39M 571.57M 546.86M 715.88M 1413.38M
Total stockholder equity 206.27M 45.31M 776.47M -287.72M -839.04M
Other current liab 84.97M 313.69M 388.26M 286.98M 388.98M
Common stock 96.32M 57.60M 46.18M 18.10M 7.97M
Capital stock 96.32M 57.60M 46.18M 18.10M 7.97M
Retained earnings -4356.79M -4378.32M -3403.46M -2992.23M -3410.86M
Other assets - 11.23M - - 6.52M
Cash 45.22M 58.06M 428.42M 31.70M 10.11M
Total current liabilities 162.85M 564.16M 544.30M 364.37M 1058.08M
Current deferred revenue 12.71M 17.75M 18.98M 38.01M 95.80M
Net debt 29.88M 16.12M -328.70M -25.44M 531.20M
Short term debt 55.57M 66.78M 97.16M 3.79M 535.06M
Short long term debt 51.19M 60.98M 92.85M - 531.65M
Short long term debt total 75.10M 74.18M 99.72M 6.25M 541.31M
Other stockholder equity 4471.16M 4371.23M 4139.12M 2695.76M 2539.55M
Property plant equipment - 154.91M - 6.13M 10.48M
Total current assets 222.80M 397.67M 1050.51M 42.32M 154.47M
Long term investments 35.29M 35.30M 73.92M 0.00M 10.00M
Net tangible assets - 45.31M - -287.72M -839.04M
Short term investments - 0.00M 0.80M - -
Net receivables 6.94M 5.43M 66.02M 0.74M 0.87M
Long term debt 16.75M - - - -
Inventory 82.92M 267.84M 469.15M 0.03M 134.64M
Accounts payable 9.60M 165.95M 39.90M 35.60M 38.23M
Accumulated other comprehensive income -4.42M -5.20M -5.37M -9.35M 24.29M
Common stock total equity - - - 18.10M 7.97M
Non currrent assets other 4.44M 11.23M 6.55M - 6.52M
Non current assets total 140.93M 201.43M 259.81M 6.13M 26.99M
Capital lease obligations 7.16M 13.20M 6.87M 6.25M 9.66M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -248.79M -141.08M -11.34M 60.88M -17.32M
Change to liabilities 120.52M 0.00M -4.15M 0.07M -6.85M
Total cashflows from investing activities -248.83M -141.88M 438.26M 60.88M -17.32M
Net borrowings 33.03M 33.03M -358.12M 40.92M -18.36M
Total cash from financing activities 33.03M 1226.64M -310.69M 40.92M -18.36M
Change to operating activities -45.24M -45.24M -30.75M 9.37M -17.32M
Net income -979.49M -416.83M 393.43M -196.17M -239.28M
Change in cash -370.36M 396.72M 21.58M 5.86M -138.37M
Begin period cash flow 428.42M 31.70M 10.11M 4.26M 142.62M
End period cash flow 58.06M 428.42M 31.70M 10.11M 4.26M
Total cash from operating activities -154.74M -687.69M -106.25M -54.18M -101.20M
Issuance of capital stock 0.00M 1011.48M 47.43M - -
Depreciation 91.38M 47.44M 0.45M 4.22M 5.57M
Other cashflows from investing activities 10.14M 10.14M 5.84M -27.99M -14.67M
Dividends paid - - - - 0.00M
Change to inventory 2.75M -600.73M -50.32M 7.95M -18.72M
Change to account receivables 3.53M -13.63M 0.00M 0.31M 1.90M
Sale purchase of stock - - - - 0.00M
Other cashflows from financing activities 36.17M 221.54M 3.36M 50.95M 11.03M
Change to netincome 623.98M 623.98M -451.85M 90.74M 76.59M
Capital expenditures 253.65M 92.02M 0.36M 0.80M 0.23M
Change receivables - - - - 0.00M
Cash flows other operating - - - - 0.00M
Exchange rate changes - - - - 0.00M
Cash and cash equivalents changes - - - - 0.00M
Change in working capital 81.56M -572.38M -54.47M 8.34M -23.66M
Stock based compensation 202.35M 150.17M 55.06M 21.75M 3.90M
Other non cash items 449.47M 125.71M -24.54M 68.65M 102.48M
Free cash flow -408.39M -779.71M -106.61M -54.97M -101.43M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
NCTY
The9 Ltd ADR
-0.08
2.94%
2.64 - - 0.20 0.42 0.26 -0.06
GS
Goldman Sachs Group Inc
-5.57
0.60%
921.24 17.21 16.00 4.47 2.26 11.15 -
SCHW
Charles Schwab Corp
-0.51
0.54%
92.28 19.53 13.89 7.16 4.22 8.80 -
MS
Morgan Stanley
-0.97
0.51%
189.63 16.50 13.76 2.80 1.65 - -
IBKR
Interactive Brokers Group Inc
-0.61
0.74%
81.88 35.95 27.93 22.14 6.96 3.01 3.37

Profile*

The9 Ltd ADR

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.

No. 130 Wu Song Road, Shanghai, China, 200080

86 21 6108 6080

50

Name Title Year Born
Mr. Jun Zhu Co-Founder, Chairman & CEO 1967
Mr. Chris Shen Pres 1968
Mr. Kwok Ho Lai CFO & Director 1977
Wendy Weng Mang. of Investor Relations NA
Wendy Weng Manager of Investor Relations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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