The9 (NCTY) Convertible Debt (2015 - 2026)
The9 (NCTY) recorded Convertible Debt of $8.36 million in Q2 2026, up 279.9% from $2.2 million a year earlier and up 6.2% from the prior quarter.
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Analysis
The9 (NCTY) Convertible Debt (2015 - 2026) Analysis & Trends
At the end of FY2025, The9 reported Convertible Debt of $6.89 million, up 14.9% from FY2024.
- Annual Convertible Debt has a five-year compound annual growth rate of -13.9% (FY2020 to FY2025).
- Across earlier years, Convertible Debt came in at $5.99 million in FY2024 (+1.6%), $5.9 million in FY2023 (-16.1%), $7.03 million in FY2022 (-20.5%) and $8.84 million in FY2021 (-39.3%).
- The Q2 2026 figure is the highest quarterly Convertible Debt since Q4 2022.
- On a year-over-year basis, Convertible Debt rose in two of the last four quarters, with growth averaging 60.0%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | The9 | 24.86 Mn | 6.66 Mn | 319,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.36 Mn |
| Mar 31, 2026 | 7.89 Mn |
| Dec 31, 2025 | 6.88 Mn |
| Jun 30, 2025 | 2.22 Mn |
| Dec 31, 2024 | 5.90 Mn |
| Jun 30, 2024 | 3.63 Mn |
| Dec 31, 2023 | 9.38 Mn |
| Dec 31, 2022 | 8.76 Mn |
| Dec 31, 2021 | 14.57 Mn |
| Dec 31, 2020 | 14.24 Mn |
| Jun 30, 2020 | 501.58 Mn |
| Dec 31, 2019 | 59.28 Mn |
| Jun 30, 2019 | 57.05 Mn |
| Dec 31, 2018 | 60.22 Mn |
| Jun 30, 2018 | 47.33 Mn |
| Dec 31, 2017 | 39.90 Mn |
| Jun 30, 2017 | 34.13 Mn |
| Dec 31, 2016 | 28.41 Mn |
| Jun 30, 2016 | 25.10 Mn |
| Dec 31, 2015 | 20.86 Mn |
API Access
The9 Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "NCTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();