The9 (NCTY) Common Equity (2009 - 2025)
The9 (NCTY) posted quarterly Common Equity of $23.9 million for Q4 2025, down 47.05% year-over-year from $45.2 million in Q4 2024, and down 47.05% on a QoQ basis from $45.2 million in Q4 2024.
The9 (NCTY) Common Equity (2009 - 2025) Analysis & Trends
The9 (NCTY) has reported Common Equity for 17 consecutive years, with $23.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Common Equity fell 47.05% year-over-year to $23.9 million; the TTM figure through Dec 2025 stood at $23.9 million (down 47.05% YoY), while the FY2025 annual figure was $24.3 million, down 45.43% from the prior year.
- Common Equity came in at $23.9 million for Q4 2025 at The9, down from $45.2 million in the prior quarter.
- The five-year high for Common Equity was $132.8 million in Q2 2021, with the low at $3.9 million in Q4 2022.
- Average Common Equity over 5 years is $58.4 million, with a median of $35.2 million recorded in 2024.
- Across the five-year window, Common Equity sank 96.76% in 2022 and soared 550.46% in 2023, its largest moves.
- Year by year, Common Equity stood at $119.4 million in 2021, then tumbled by 96.76% to $3.9 million in 2022, then jumped by 550.46% to $25.2 million in 2023, then jumped by 79.58% to $45.2 million in 2024, then slumped by 47.05% to $23.9 million in 2025.
- According to Business Quant data, Common Equity over the past three periods registered $23.9 million, $45.2 million, and $25.2 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 114.29 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 122.78 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 49.23 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 5.14 Bn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 9.69 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 5.69 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 6.62 Bn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 3.43 Bn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.66 Bn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - | 23.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.95 Mn |
| Dec 31, 2024 | 45.23 Mn |
| Dec 31, 2023 | 25.19 Mn |
| Dec 31, 2022 | 3.87 Mn |
| Dec 31, 2021 | 119.41 Mn |
| Jun 30, 2021 | 132.80 Mn |
| Dec 31, 2020 | -100.71 Mn |
| Jun 30, 2020 | -110.69 Mn |
| Dec 31, 2019 | -174.79 Mn |
| Jun 30, 2019 | -165.36 Mn |
| Dec 31, 2018 | -156.90 Mn |
| Dec 31, 2017 | -121.27 Mn |
| Jun 30, 2017 | -120.26 Mn |
| Dec 31, 2016 | -102.90 Mn |
| Jun 30, 2016 | -71.32 Mn |
| Dec 31, 2015 | -37.78 Mn |
| Jun 30, 2015 | -14.00 Mn |
| Dec 31, 2014 | 10.57 Mn |
| Jun 30, 2014 | 5.78 Mn |
| Dec 31, 2013 | 31.26 Mn |