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The9 (NCTY) Asset Writedowns and Impairment: 2009-2019

  • The9's Asset Writedowns and Impairment rose 52.17% to -$537,876 in Q4 2019 from the same period last year, while for Dec 2019 it was -$5.5 million, marking a year-over-year increase of 50.87%. This contributed to the annual value of $900,000 for FY2024, which is 96.04% down from last year.
  • As of Q4 2019, The9's Asset Writedowns and Impairment stood at -$537,876, which was up 52.17% from -$1.1 million recorded in Q4 2018.
  • Over the past 5 years, The9's Asset Writedowns and Impairment peaked at -$537,876 during Q4 2019, and registered a low of -$1.4 million during Q4 2017.
  • Its 3-year average for Asset Writedowns and Impairment is -$1.0 million, with a median of -$1.1 million in 2018.
  • Data for The9's Asset Writedowns and Impairment shows a peak YoY soared of 52.17% (in 2019) over the last 5 years.
  • Over the past 3 years, The9's Asset Writedowns and Impairment (Quarterly) stood at -$1.4 million in 2017, then increased by 18.31% to -$1.1 million in 2018, then soared by 52.17% to -$537,876 in 2019.
  • Its Asset Writedowns and Impairment was -$537,876 in Q4 2019, compared to -$1.1 million in Q4 2018 and -$1.4 million in Q4 2017.