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
DateValue
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