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| Date | Value |
|---|---|
| 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 |