The9 (NCTY) Asset Utilization Ratio (2009 - 2019)
The9 (NCTY) posted quarterly Asset Utilization Ratio of 0.54 for Q4 2019, down 8.47% year-over-year from 0.59 in Q4 2018, and down 8.47% on a QoQ basis from 0.59 in Q4 2018.
The9 (NCTY) Asset Utilization Ratio (2009 - 2019) Analysis & Trends
The9 (NCTY) has reported Asset Utilization Ratio for 8 consecutive years, with 0.54 the latest figure, recorded in Q4 2019.
- In Q4 2019, Asset Utilization Ratio fell 8.47% year-over-year to 0.54; the TTM figure through Dec 2019 stood at 0.54 (down 8.47% YoY), while the FY2025 annual figure was 0.18, down 18.91% from the prior year.
- Asset Utilization Ratio came in at 0.54 for Q4 2019 at The9, down from 0.59 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.59 in Q4 2018, with the low at 0.26 in Q4 2015.
- Average Asset Utilization Ratio over 5 years is 0.44, with a median of 0.49 recorded in 2017.
- Across the five-year window, Asset Utilization Ratio soared 48.65% in 2017 and slipped 8.47% in 2019, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.26 in 2015, then gained by 29.97% to 0.33 in 2016, then jumped by 48.65% to 0.49 in 2017, then climbed by 18.93% to 0.59 in 2018, then decreased by 8.47% to 0.54 in 2019.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.54, 0.59, and 0.49 for Q4 2019, Q4 2018, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.05 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.03 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.05 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.04 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.11 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.98 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.26 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.03 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.11 |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 0.54 |
| Dec 31, 2018 | 0.59 |
| Dec 31, 2017 | 0.49 |
| Dec 31, 2016 | 0.33 |
| Dec 31, 2015 | 0.26 |
| Dec 31, 2014 | 0.28 |
| Jun 30, 2010 | 0.04 |
| Mar 31, 2010 | 0.16 |
| Dec 31, 2009 | 0.31 |
| Sep 30, 2009 | 0.45 |
| Jun 30, 2009 | 0.55 |
| Mar 31, 2009 | 0.55 |