The9 (NCTY) Equity Ratio (2009 - 2025)

The9 (NCTY) has reported Equity Ratio for 17 consecutive years, with 0.29 the latest figure, recorded in Q4 2025.

• In Q4 2025, Equity Ratio fell 46.23% year-over-year to 0.29; the TTM figure through Dec 2025 stood at 0.29 (down 46.23% YoY), while the FY2025 annual figure was 0.32, down 39.56% from the prior year.
• Equity Ratio came in at 0.29 for Q4 2025 at The9, down from 0.55 in the prior quarter.
• The five-year high for Equity Ratio was 0.58 in Q4 2021, with the low at 0.52 in Q2 2023.
• Average Equity Ratio over 5 years is 0.32, with a median of 0.5 recorded in 2023.
• The largest YoY upside for Equity Ratio was 984.64% in 2023 against a maximum downside of 233.17% in 2023.
• Year by year, Equity Ratio stood at 0.58 in 2021, then slumped by 92.11% to 0.05 in 2022, then soared by 984.64% to 0.5 in 2023, then rose by 6.69% to 0.53 in 2024, then slumped by 46.23% to 0.29 in 2025.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.29, 0.55, and 0.53 for Q4 2025, Q2 2025, and Q4 2024 respectively.