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