The9 (NCTY) Gross Margin (2009 - 2019)
The9's quarterly Gross Margin came in at 1109.9% in Q4 2019, down 109413.0% year-on-year from N/an in Q4 2018, and down 6940.14% quarter-over-quarter from 15.77% in Q4 2018.
The9 has reported Gross Margin for 11 years, with the latest figure at 1109.9% in Q4 2019.
- For the quarter ending Q4 2019, Gross Margin fell 109413.0% year-over-year to 1109.9%; the trailing twelve-month figure through Dec 2019 stood at 56.33% (up 1953.0% YoY), and the FY2025 full-year result was 1.68%, up 311.0% from the prior year.
- Gross Margin for Q4 2019 stood at 1109.9%, down from 15.77% in the prior quarter.
- The five-year high for Gross Margin was 76.02% in Q4 2017, with the low at 1109.9% in Q4 2019.
- Average Gross Margin over 5 years is 211.99%, with a median of 15.77% recorded in 2018.
- Year-over-year, Gross Margin jumped 8878 bps in 2016 and slumped 109413 bps in 2019.
- Tracing NCTY's Gross Margin over 5 years: stood at 49.55% in 2015, then jumped by 179 bps to 39.23% in 2016, then soared by 94 bps to 76.02% in 2017, then tumbled by 121 bps to 15.77% in 2018, then slumped by 6940 bps to 1109.9% in 2019.
- The last three Gross Margin figures came in at 1109.9% (Q4 2019), 15.77% (Q4 2018), and 76.02% (Q4 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 89.97% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 84.10% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 99.97% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -1,109.90% |
| Dec 31, 2018 | -15.77% |
| Dec 31, 2017 | 76.02% |
| Dec 31, 2016 | 39.23% |
| Dec 31, 2015 | -49.55% |
| 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% |
| Jun 30, 2010 | -18.05% |
| Mar 31, 2010 | 7.88% |
| Dec 31, 2009 | -363.73% |
| Sep 30, 2009 | -31.84% |
| Jun 30, 2009 | 22.33% |
| Mar 31, 2009 | 15.93% |