The9 (NCTY) Asset Writedowns and Impairment (2009 - 2020)
The9 (NCTY) recorded quarterly Asset Writedowns and Impairment of -$2.7 million in Q4 2020, down 310.26% quarter-over-quarter from -$662033.8 in Q4 2019, and down 310.26% on a YoY basis from $1.3 million in Q1 2020.
The9 (NCTY) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
The9's Asset Writedowns and Impairment history runs 9 years deep, the most recent figure standing at -$2.7 million for 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 was -$2.7 million for Q4 2020 at The9, down from -$662033.8 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.3 million in Q2 2017 to a low of -$2.7 million in Q4 2020.
- Historically, Asset Writedowns and Impairment has averaged -$696595.9 across 5 years, with a median of -$893348.1 in 2018.
- The sharpest annual moves came in 2017 and 2019: Asset Writedowns and Impairment plunged 444.2% in 2017, then surged 41.13% in 2019.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $400000.0 in 2016, then slumped by 444.2% to -$1.4 million in 2017, then gained by 18.31% to -$1.1 million in 2018, then soared by 41.13% to -$662033.8 in 2019, then plunged by 310.26% to -$2.7 million in 2020.
- The last three Asset Writedowns and Impairment figures came in at -$2.7 million (Q4 2020), -$662033.8 (Q4 2019), and -$1.1 million (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn |
| 10 | The9 | 1.59 Bn | 1.60 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -2.72 Mn |
| Dec 31, 2020 | -2.72 Mn |
| Dec 31, 2019 | -662,033.83 |
| Dec 31, 2019 | -662,033.83 |
| 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, 2010 | -29,498.29 Bn |
| Dec 31, 2010 | -29,498.29 Bn |