The9 (NCTY) Convertible Debt (2015 - 2026)
The9 (NCTY) posted Convertible Debt of $8.4 million for Q2 2026, up 6.16% on a QoQ basis from $7.9 million in Q1 2026, and up 279.88% year-over-year from $2.2 million in Q2 2025.
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Analysis
The9 (NCTY) Convertible Debt (2015 - 2026) Analysis & Trends
The9 has reported Convertible Debt for 12 years, with the latest figure at $8.4 million in Q2 2026.
- On a quarterly basis, Convertible Debt rose 279.88% year-over-year to $8.4 million in Q2 2026; TTM through Jun 2026 was $8.4 million, a 279.88% increase from a year earlier, with the FY2025 full-year figure at $6.9 million, up 14.9% from the prior year.
- Convertible Debt was $8.4 million for Q2 2026 at The9, up from $7.9 million in the prior quarter.
- The five-year high for Convertible Debt was $8.6 million in Q4 2022, with the low at $2.2 million in Q2 2025.
- Average Convertible Debt over 5 years is $6.3 million, with a median of $6.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Convertible Debt plunged 40.96% in 2022, then surged 279.88% in 2026.
- Over 5 years, Convertible Debt stood at $8.6 million in 2022, then decreased by 19.12% to $6.9 million in 2023, then fell by 13.56% to $6.0 million in 2024, then gained by 13.25% to $6.8 million in 2025, then gained by 23.09% to $8.4 million in 2026.
- The last three Convertible Debt figures came in at $8.4 million (Q2 2026), $7.9 million (Q1 2026), and $6.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 74.18 Bn | 64.04 Bn | 3.13 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 38.42 Bn | 36.59 Bn | 882.50 Mn |
| 4 | Roblox | 34.16 Bn | 31.13 Bn | 1.18 Bn |
| 5 | The9 | 2.85 Bn | 2.85 Bn | 319,000.00 |
| 6 | Playtika Holding | 842.89 Mn | 404.39 Mn | 538.20 Mn |
| 7 | DoubleDown Interactive | 631.81 Mn | 78.25 Mn | 71.22 Mn |
| 8 | Gravity | 481.91 Mn | 481.47 Mn | 34,891.11 |
| 9 | Sohu.com | 327.69 Mn | -504.94 Mn | 133.81 Mn |
| 10 | Gdev | 201.47 Mn | 119.23 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.36 Mn |
| Mar 31, 2026 | 7.87 Mn |
| Dec 31, 2025 | 6.79 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Dec 31, 2024 | 5.99 Mn |
| Jun 30, 2024 | 3.65 Mn |
| Dec 31, 2023 | 6.94 Mn |
| Dec 31, 2022 | 8.57 Mn |
| Dec 31, 2021 | 14.52 Mn |
| Dec 31, 2020 | 14.01 Mn |
| Jun 30, 2020 | 501.58 Mn |
| Dec 31, 2019 | 58.76 Mn |
| Jun 30, 2019 | 57.05 Mn |
| Dec 31, 2018 | 59.90 Mn |
| Jun 30, 2018 | 47.33 Mn |
| Dec 31, 2017 | 39.38 Mn |
| Jun 30, 2017 | 34.13 Mn |
| Dec 31, 2016 | 38.19 Mn |
| Jun 30, 2016 | 25.10 Mn |
| Dec 31, 2015 | 21.19 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();