The9 (NCTY) Enterprise Value (2009 - 2025)

The9 (NCTY) posted quarterly Enterprise Value of $2.0 million for Q4 2025, up 158.29% year-over-year from $775671.4 in Q4 2024, and up 130.01% on a QoQ basis from -$6.7 million in Q2 2025.

The9 (NCTY) Enterprise Value (2009 - 2025) Analysis & Trends

The9 (NCTY) has reported Enterprise Value for 17 consecutive years, with $2.0 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Enterprise Value rose 158.29% year-over-year to $2.0 million; the TTM figure through Dec 2025 stood at $2.0 million (up 158.29% YoY), while the FY2025 annual figure was $2.3 million, up 164.68% from the prior year.
  • Enterprise Value came in at $2.0 million for Q4 2025 at The9, up from -$6.7 million in the prior quarter.
  • The five-year high for Enterprise Value was $2.0 million in Q4 2025, with the low at -$131.7 million in Q2 2021.
  • Average Enterprise Value over 5 years is -$18.4 million, with a median of -$5.9 million recorded in 2023.
  • Across the five-year window, Enterprise Value plunged 105.28% in 2021 and jumped 158.29% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$4.1 million in 2021, then slipped by 25.83% to -$5.1 million in 2022, then tumbled by 90.0% to -$9.7 million in 2023, then jumped by 64.73% to -$3.4 million in 2024, then jumped by 158.29% to $2.0 million in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered $2.0 million, -$6.7 million, and -$3.4 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -133.53 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - -937.55 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - -44.98 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -2.16 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -4.64 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -1.02 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -1.25 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -1.52 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -2.21 Bn
10 The9 11.51 Bn 11.51 Bn - 2.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.00 Mn
Jun 30, 2025 -6.68 Mn
Dec 31, 2024 -4.44 Mn
Jun 30, 2024 -5.77 Mn
Dec 31, 2023 -9.74 Mn
Jun 30, 2023 -6.04 Mn
Dec 31, 2022 -5.13 Mn
Jun 30, 2022 -13.79 Mn
Dec 31, 2021 -4.08 Mn
Jun 30, 2021 -131.66 Mn
Dec 31, 2020 -58.59 Mn
Jun 30, 2020 -64.13 Mn
Dec 31, 2019 49.50 Mn
Jun 30, 2019 -55.97 Mn
Dec 31, 2018 48.71 Mn
Jun 30, 2018 -62.56 Mn
Dec 31, 2017 46.25 Mn
Jun 30, 2017 -54.56 Mn
Dec 31, 2016 -58.82 Mn
Jun 30, 2016 -55.93 Mn