The9 (NCTY) Convertible Debt (2015 - 2025)

The9 has reported Convertible Debt for 11 years, with the latest figure at $6.8 million in Q4 2025.

• For the quarter ending Q4 2025, Convertible Debt rose 13.25% year-over-year to $6.8 million; the trailing twelve-month figure through Dec 2025 stood at $6.8 million (up 13.25% YoY), and the FY2025 full-year result was $6.7 million, up 11.81% from the prior year.
• Convertible Debt for Q4 2025 stood at $6.8 million, up from $2.2 million in the prior quarter.
• The five-year high for Convertible Debt was $14.5 million in Q4 2021, with the low at $2.2 million in Q2 2025.
• Average Convertible Debt over 5 years is $8.2 million, with a median of $8.9 million recorded in 2022.
• Year-over-year, Convertible Debt soared 1846.63% in 2021 and sank 69.01% in 2024.
• Tracing NCTY's Convertible Debt over 5 years: stood at $14.5 million in 2021, then plunged by 40.96% to $8.6 million in 2022, then advanced by 8.0% to $9.3 million in 2023, then sank by 35.27% to $6.0 million in 2024, then gained by 13.25% to $6.8 million in 2025.
• The last three Convertible Debt figures came in at $6.8 million (Q4 2025), $2.2 million (Q2 2025), and $6.0 million (Q4 2024), per Business Quant data.

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