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
DateValue
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