The9 Limited Logo

The9 Limited

NCTY

(0.2)
Stock Price

14,95 USD

-37.62% ROA

100.49% ROE

-1.44x PER

Market Cap.

489.624.320,62 USD

36.41% DER

0% Yield

11.96% NPM

The9 Limited Stock Analysis

The9 Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

The9 Limited Fundamental Stock Analysis
# Analysis Rating
1 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

2 ROE

The stock's ROE indicates a negative return (-335.37%) on shareholders' equity, suggesting poor financial performance.

3 ROA

The stock's ROA (-230.01%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

4 PBV

The stock's high Price-to-Book Value (P/BV) ratio (24.91x) suggests it's overvalued, potentially making it an expensive investment.

5 DER

The stock is burdened with a heavy load of debt (164%), making it financially unstable and potentially risky for investors.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-1) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

The9 Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

The9 Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

The9 Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

The9 Limited Revenue
Year Revenue Growth
2001 5.527.116
2002 3.280.387 -68.49%
2003 17.268.237 81%
2004 36.642.692 52.87%
2005 465.216.828 92.12%
2006 984.992.075 52.77%
2007 1.281.445.211 23.13%
2008 1.708.058.000 24.98%
2009 760.515.853 -124.59%
2010 102.837.590 -639.53%
2011 106.376.554 3.33%
2012 154.433.815 31.12%
2013 104.776.069 -47.39%
2014 64.276.891 -63.01%
2015 46.411.331 -38.49%
2016 56.199.286 17.42%
2017 73.148.556 23.17%
2018 17.431.858 -319.63%
2019 341.495 -5004.57%
2020 625.488 45.4%
2021 135.875.140 99.54%
2022 118.887.879 -14.29%
2023 328.016.308 63.76%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

The9 Limited Research and Development Expenses
Year Research and Development Expenses Growth
2001 6.672.447
2002 9.726.901 31.4%
2003 2.810.109 -246.14%
2004 9.029.358 68.88%
2005 40.658.896 77.79%
2006 30.755.601 -32.2%
2007 41.489.610 25.87%
2008 73.819.607 43.8%
2009 114.443.552 35.5%
2010 139.431.649 17.92%
2011 212.121.930 34.27%
2012 301.471.091 29.64%
2013 213.243.567 -41.37%
2014 156.253.036 -36.47%
2015 135.042.829 -15.71%
2016 77.991.408 -73.15%
2017 45.112.396 -72.88%
2018 24.555.308 -83.72%
2019 13.090.530 -87.58%
2020 2.438.095 -436.92%
2021 1.917.562 -27.15%
2022 2.432.975 21.18%
2023 4.489.420 45.81%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

The9 Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 239.442.036 100%
2009 225.051.424 -6.39%
2010 112.692.772 -99.7%
2011 174.665.299 35.48%
2012 170.382.896 -2.51%
2013 161.958.423 -5.2%
2014 111.157.250 -45.7%
2015 131.768.503 15.64%
2016 129.047.846 -2.11%
2017 108.824.680 -18.58%
2018 89.583.331 -21.48%
2019 113.867.000 21.33%
2020 108.747.919 -4.71%
2021 293.152.801 62.9%
2022 376.379.730 22.11%
2023 288.250.152 -30.57%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

The9 Limited EBITDA
Year EBITDA Growth
2001 -11.781.587
2002 -15.482.485 23.9%
2003 -1.874.935 -725.76%
2004 -20.118.214 90.68%
2005 118.549.384 116.97%
2006 404.833.201 70.72%
2007 497.928.775 18.7%
2008 363.348.490 -37.04%
2009 -212.506.973 270.98%
2010 -261.352.811 18.69%
2011 -390.578.091 33.09%
2012 -539.460.339 27.6%
2013 -376.794.121 -43.17%
2014 -505.120.356 25.41%
2015 -294.879.627 -71.3%
2016 -201.094.064 -46.64%
2017 -101.390.508 -98.34%
2018 -107.874.889 6.01%
2019 -116.431.892 7.35%
2020 -74.161.421 -57%
2021 -266.423.415 72.16%
2022 -461.745.477 42.3%
2023 58.561.852 888.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

The9 Limited Gross Profit
Year Gross Profit Growth
2001 2.113.683
2002 -449.492 570.24%
2003 10.776.504 104.17%
2004 27.502.671 60.82%
2005 224.702.783 87.76%
2006 461.403.549 51.3%
2007 580.392.638 20.5%
2008 780.335.256 25.62%
2009 48.043.102 -1524.24%
2010 -418.753 11572.9%
2011 67.258.561 100.62%
2012 85.018.184 20.89%
2013 -3.027.291 2908.39%
2014 -21.505.678 85.92%
2015 -21.332.664 -0.81%
2016 7.680.507 377.75%
2017 49.366.502 84.44%
2018 996.268 -4855.14%
2019 -1.000.771 199.55%
2020 -188.648 -430.5%
2021 47.840.637 100.39%
2022 -65.735.736 172.78%
2023 -96.707.852 32.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

The9 Limited Net Profit
Year Net Profit Growth
2001 -15.999.674
2002 -26.341.008 39.26%
2003 48.474.660 154.34%
2004 24.484.209 -97.98%
2005 72.501.321 66.23%
2006 312.212.765 76.78%
2007 241.238.030 -29.42%
2008 348.347.222 30.75%
2009 -405.152.407 185.98%
2010 -499.611.594 18.91%
2011 -284.329.931 -75.72%
2012 -514.002.092 44.68%
2013 -526.261.572 2.33%
2014 -86.622.470 -507.53%
2015 -304.828.354 71.58%
2016 -593.781.589 48.66%
2017 -118.165.850 -402.5%
2018 -217.092.926 45.57%
2019 -221.669.376 2.06%
2020 397.883.388 155.71%
2021 -485.819.122 181.9%
2022 -1.378.015.789 64.75%
2023 526.190.040 361.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

The9 Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -49
2002 -80 40%
2003 96 183.33%
2004 35 -174.29%
2005 90 61.11%
2006 383 76.5%
2007 264 -45.63%
2008 378 30.24%
2009 -478 178.87%
2010 -597 19.8%
2011 -342 -74.78%
2012 -630 45.79%
2013 -681 7.64%
2014 -112 -508.04%
2015 -394 71.5%
2016 -746 47.32%
2017 -106 -603.77%
2018 -105 -1.92%
2019 -63 -67.74%
2020 73 186.11%
2021 -29 348.28%
2022 -57 49.12%
2023 138 141.3%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

The9 Limited Free Cashflow
Year Free Cashflow Growth
2001 -14.903.880
2002 1.869.942 897.02%
2003 55.743.579 96.65%
2004 14.714.303 -278.84%
2005 -105.431.053 113.96%
2006 473.737.166 122.26%
2007 126.492.427 -274.52%
2008 571.465.834 77.87%
2009 -150.436.070 479.87%
2010 -267.713.851 43.81%
2011 -361.534.699 25.95%
2012 -524.206.097 31.03%
2013 -365.127.179 -43.57%
2014 -273.367.690 -33.57%
2015 -186.231.080 -46.79%
2016 -189.318.773 1.63%
2017 -87.106.222 -117.34%
2018 -101.427.243 14.12%
2019 -54.972.243 -84.51%
2020 -106.612.827 48.44%
2020 0 0%
2021 -779.713.171 100%
2022 -408.388.285 -90.92%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

The9 Limited Operating Cashflow
Year Operating Cashflow Growth
2001 -13.373.735
2002 3.391.247 494.36%
2003 57.711.039 94.12%
2004 35.083.586 -64.5%
2005 148.960.031 76.45%
2006 598.404.244 75.11%
2007 617.482.129 3.09%
2008 692.634.096 10.85%
2009 -106.085.603 752.9%
2010 -247.551.589 57.15%
2011 -270.894.564 8.62%
2012 -489.190.063 44.62%
2013 -357.569.636 -36.81%
2014 -269.097.406 -32.88%
2015 -175.586.790 -53.26%
2016 -180.985.721 2.98%
2017 -86.651.662 -108.87%
2018 -101.200.526 14.38%
2019 -54.175.322 -86.8%
2020 -106.253.254 49.01%
2020 0 0%
2021 -687.688.577 100%
2022 -154.742.176 -344.41%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

The9 Limited Capital Expenditure
Year Capital Expenditure Growth
2001 1.530.145
2002 1.521.304 -0.58%
2003 1.967.460 22.68%
2004 20.369.282 90.34%
2005 254.391.084 91.99%
2006 124.667.077 -104.06%
2007 490.989.702 74.61%
2008 121.168.262 -305.21%
2009 44.350.467 -173.21%
2010 20.162.262 -119.97%
2011 90.640.135 77.76%
2012 35.016.034 -158.85%
2013 7.557.543 -363.33%
2014 4.270.284 -76.98%
2015 10.644.290 59.88%
2016 8.333.052 -27.74%
2017 454.560 -1733.21%
2018 226.717 -100.5%
2019 796.921 71.55%
2020 359.573 -121.63%
2020 0 0%
2021 92.024.594 100%
2022 253.646.109 63.72%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

The9 Limited Equity
Year Equity Growth
2001 -30.143.983
2002 -58.460.579 48.44%
2003 -12.653.988 -361.99%
2004 877.505.199 101.44%
2005 942.369.801 6.88%
2006 1.335.028.283 29.41%
2007 2.810.122.002 52.49%
2008 2.970.753.224 5.41%
2009 2.013.449.601 -47.55%
2010 1.535.216.767 -31.15%
2011 1.251.831.169 -22.64%
2012 749.211.544 -67.09%
2013 190.133.143 -294.05%
2014 196.385.375 3.18%
2015 -62.470.919 414.36%
2016 -455.283.324 86.28%
2017 -802.350.840 43.26%
2018 -1.084.810.866 26.04%
2019 -1.231.921.692 11.94%
2020 -667.442.527 -84.57%
2021 763.455.560 187.42%
2022 27.538.353 -2672.34%
2023 181.337.069 84.81%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

The9 Limited Assets
Year Assets Growth
2001 23.835.837
2002 20.493.363 -16.31%
2003 155.798.234 86.85%
2004 1.026.799.879 84.83%
2005 1.214.230.889 15.44%
2006 1.623.211.033 25.2%
2007 3.250.765.004 50.07%
2008 3.518.527.940 7.61%
2009 2.324.957.507 -51.34%
2010 1.857.339.384 -25.18%
2011 1.628.894.072 -14.02%
2012 1.112.345.372 -46.44%
2013 546.679.148 -103.47%
2014 517.330.710 -5.67%
2015 538.094.921 3.86%
2016 350.891.994 -53.35%
2017 323.109.178 -8.6%
2018 164.687.440 -96.2%
2019 181.459.156 9.24%
2020 48.441.307 -274.6%
2021 1.310.318.375 96.3%
2022 599.106.683 -118.71%
2023 363.725.025 -64.71%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

The9 Limited Liabilities
Year Liabilities Growth
2001 53.979.819
2002 78.953.942 31.63%
2003 168.452.223 53.13%
2004 149.294.680 -12.83%
2005 271.861.088 45.08%
2006 288.182.749 5.66%
2007 440.643.002 34.6%
2008 547.774.716 19.56%
2009 311.507.906 -75.85%
2010 322.122.617 3.3%
2011 377.062.903 14.57%
2012 363.133.828 -3.84%
2013 356.546.005 -1.85%
2014 320.945.335 -11.09%
2015 600.565.840 46.56%
2016 806.175.318 25.5%
2017 1.125.460.018 28.37%
2018 1.249.498.306 9.93%
2019 1.413.380.848 11.6%
2020 715.883.834 -97.43%
2021 546.862.815 -30.91%
2022 571.568.330 4.32%
2023 182.387.956 -213.38%

The9 Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
47.11
Net Income per Share
-36.01
Price to Earning Ratio
-1.44x
Price To Sales Ratio
2.73x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
0.95
EV to Sales
2.9
EV Over EBITDA
-7.43
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
-0.7
FreeCashFlow Yield
0
Market Cap
0,49 Bil.
Enterprise Value
0,52 Bil.
Graham Number
209.7
Graham NetNet
-23.81

Income Statement Metrics

Net Income per Share
-36.01
Income Quality
0
ROE
-6.42
Return On Assets
0.06
Return On Capital Employed
-0.83
Net Income per EBT
-0.15
EBT Per Ebit
0.86
Ebit per Revenue
-0.94
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
1.13
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0.4
Gross Profit Margin
-0.18
Operating Profit Margin
-0.94
Pretax Profit Margin
-0.81
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.53
Return on Tangible Assets
-0.38
Days Sales Outstanding
14.16
Days Payables Outstanding
16.54
Days of Inventory on Hand
142.83
Receivables Turnover
25.79
Payables Turnover
22.07
Inventory Turnover
2.56
Capex per Share
0

Balance Sheet

Cash per Share
11,90
Book Value per Share
47,72
Tangible Book Value per Share
47.72
Shareholders Equity per Share
54.28
Interest Debt per Share
19.76
Debt to Equity
0.36
Debt to Assets
0.21
Net Debt to EBITDA
-0.43
Current Ratio
1.37
Tangible Asset Value
0,18 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
161140216
Working Capital
0,06 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
41589158.5
Debt to Market Cap
0.15

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

The9 Limited Dividends
Year Dividends Growth
2009 1

The9 Limited Profile

About The9 Limited

The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. It engages in the operation of cryptocurrency mining; and 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 was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.

CEO
Mr. Jun Zhu
Employee
50
Address
No. 130 Wu Song Road
Shanghai, 200080

The9 Limited Executives & BODs

The9 Limited Executives & BODs
# Name Age
1 Wendy Weng
Manager of Investor Relations
70
2 Mr. Jun Zhu
Co-Founder, Chairman & Chief Executive Officer
70
3 Mr. Kwok Ho Lai
Chief Financial Officer & Director
70

The9 Limited Competitors