The9 (NCTY) Gross Margin (2009 - 2019)

The9 (NCTY) posted quarterly Gross Margin of 1258.86% for Q4 2019, down 124316.0% year-over-year from N/an in Q4 2018, and down 7918.5% on a QoQ basis from 15.7% in Q4 2018.

The9 (NCTY) Gross Margin (2009 - 2019) Analysis & Trends

The9 (NCTY) has reported Gross Margin for 11 consecutive years, with 1258.86% the latest figure, recorded in Q4 2019.

  • In Q4 2019, Gross Margin fell 124316.0% year-over-year to 1258.86%; the TTM figure through Dec 2019 stood at 56.27% (up 1956.0% YoY), while the FY2025 annual figure was 1.68%, up 311.0% from the prior year.
  • Gross Margin came in at 1258.86% for Q4 2019 at The9, down from 15.7% in the prior quarter.
  • The five-year high for Gross Margin was 75.95% in Q4 2017, with the low at 1258.86% in Q4 2019.
  • Average Gross Margin over 5 years is 241.72%, with a median of 15.7% recorded in 2018.
  • Across the five-year window, Gross Margin soared 8839 bps in 2016 and plunged 124316 bps in 2019, its largest moves.
  • Year by year, Gross Margin stood at 49.19% in 2015, then surged by 180 bps to 39.2% in 2016, then jumped by 94 bps to 75.95% in 2017, then tumbled by 121 bps to 15.7% in 2018, then tumbled by 7918 bps to 1258.86% in 2019.
  • According to Business Quant data, Gross Margin over the past three periods registered 1258.86%, 15.7%, and 75.95% for Q4 2019, Q4 2018, and Q4 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 206.12%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 89.97%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 84.10%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 99.97%
10 The9 11.51 Bn 11.51 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2019 -1,258.86%
Dec 31, 2018 -15.70%
Dec 31, 2017 75.95%
Dec 31, 2016 39.20%
Dec 31, 2015 -49.19%
Dec 31, 2014 -19.59%
Dec 31, 2013 12.08%
Sep 30, 2013 -24.19%
Jun 30, 2013 11.48%
Mar 31, 2013 -4.17%
Dec 31, 2012 -7.17%
Sep 30, 2012 45.65%
Jun 30, 2012 70.72%
Mar 31, 2012 67.46%
Dec 31, 2011 47.55%
Sep 30, 2011 50,187,660.77%
Jun 30, 2011 49.61%
Mar 31, 2011 107.42%
Dec 31, 2010 5.40%
Sep 30, 2010 2.76%