The9 (NCTY) Asset Writedowns and Impairment (2009 - 2020)
The9 (NCTY) posted quarterly Asset Writedowns and Impairment of -$2.7 million for Q4 2020, down 310.26% year-over-year from $1.3 million in Q1 2020, and down 310.26% on a QoQ basis from -$662033.8 in Q4 2019.
The9 (NCTY) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
The9 (NCTY) has reported Asset Writedowns and Impairment for 8 consecutive years, with -$2.7 million the latest figure, recorded in Q4 2020.
- In Q4 2020, Asset Writedowns and Impairment fell 310.26% year-over-year to -$2.7 million; the TTM figure through Dec 2020 stood at -$5.9 million (down 215.51% YoY), while the FY2025 annual figure was $1.1 million, up 25.25% from the prior year.
- Asset Writedowns and Impairment came in at -$2.7 million for Q4 2020 at The9, down from -$662033.8 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $1.3 million in Q2 2017, with the low at -$2.7 million in Q4 2020.
- Average Asset Writedowns and Impairment over 5 years is -$696595.9, with a median of -$893348.1 recorded in 2018.
- Across the five-year window, Asset Writedowns and Impairment sank 444.2% in 2017 and surged 41.13% in 2019, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $400000.0 in 2016, then tumbled by 444.2% to -$1.4 million in 2017, then grew by 18.31% to -$1.1 million in 2018, then soared by 41.13% to -$662033.8 in 2019, then sank by 310.26% to -$2.7 million in 2020.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$2.7 million, -$662033.8, and -$1.1 million for Q4 2020, Q4 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -2.72 Mn |
| Dec 31, 2020 | -2.72 Mn |
| Dec 31, 2019 | -4.95 Mn |
| Dec 31, 2019 | -4.95 Mn |
| Dec 31, 2018 | -1.12 Mn |
| Dec 31, 2018 | -1.12 Mn |
| Dec 31, 2017 | -1.38 Mn |
| Dec 31, 2017 | -1.38 Mn |
| Jun 30, 2017 | 1.30 Mn |
| Jun 30, 2017 | 1.30 Mn |
| Dec 31, 2016 | 400,000.00 |
| Dec 31, 2016 | 400,000.00 |
| Dec 31, 2013 | -2.51 Mn |
| Dec 31, 2013 | -2.51 Mn |
| Jun 30, 2013 | -5.34 Mn |
| Jun 30, 2013 | -5.34 Mn |
| Sep 30, 2012 | -520,657.00 |
| Sep 30, 2012 | -520,657.00 |
| Dec 31, 2009 | -1.50 Mn |
| Dec 31, 2009 | -1.50 Mn |