The9 (NCTY) Gross Margin (2009 - 2019)
The9 (NCTY) recorded quarterly Gross Margin of 1109.9% in Q4 2019, down 6940.14% quarter-over-quarter from 15.77% in Q4 2018, and down 109413.0% on a YoY basis from N/an in Q4 2018.
The9 (NCTY) Gross Margin (2009 - 2019) Analysis & Trends
The9's Gross Margin history runs 11 years deep, the most recent figure standing at 1109.9% for Q4 2019.
- In Q4 2019, Gross Margin fell 109413.0% year-over-year to 1109.9%; the TTM figure through Dec 2019 stood at 56.33% (up 1953.0% YoY), while the FY2025 annual figure was 1.68%, up 311.0% from the prior year.
- Gross Margin was 1109.9% for Q4 2019 at The9, down from 15.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 76.02% in Q4 2017 to a low of 1109.9% in Q4 2019.
- Historically, Gross Margin has averaged 211.99% across 5 years, with a median of 15.77% in 2018.
- The sharpest annual moves came in 2016 and 2019: Gross Margin surged 8878 bps in 2016, then slumped 109413 bps in 2019.
- A 5-year view of Gross Margin shows it stood at 49.55% in 2015, then soared by 179 bps to 39.23% in 2016, then surged by 94 bps to 76.02% in 2017, then plunged by 121 bps to 15.77% in 2018, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 99.97% |
| 10 | The9 | 1.59 Bn | 1.60 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% |
| 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% |