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
DateValue
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