The9 (NCTY) Intangibles (2009 - 2026)
The9's Intangibles came in at $327,000 for Q2 2026, down 93.3% from $4.89 million a year earlier and down 84.8% from the prior quarter.
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Analysis
The9 (NCTY) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, The9's Intangibles was $2.26 million, up 35.2% from FY2024.
- Intangibles carries a four-year compound annual growth rate of -36.1% (FY2021 to FY2025).
- Going back by year, Intangibles was $1.67 million in FY2024 (-86.5%), $12.35 million in FY2023 (+28.4%), $9.62 million in FY2022 (-28.8%) and $13.51 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Intangibles in data going back to Q1 2009.
- Year-over-year, Intangibles increased in 1 of the last four quarters, with an average decline of 45.8%.
- The fastest year-over-year change in Intangibles over five years came in Q4 2023 (growth of 49.7%), and the weakest in Q2 2026 (a decline of 93.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,939.60 Bn | 3,697.12 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,653.27 Bn | 1,355.79 Bn | 49.47 Bn | - |
| 3 | Netflix | 275.33 Bn | 236.63 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 236.23 Bn | 58.44 Bn | 15.11 Bn | 2.46 Bn |
| 5 | Shopify | 218.65 Bn | 195.83 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 140.84 Bn | 112.82 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 121.05 Bn | 54.10 Bn | - | 852.00 Mn |
| 8 | Spotify Technology | 120.09 Bn | 77.01 Bn | 1.89 Bn | 34.02 Mn |
| 9 | PDD Holdings | 112.69 Bn | -131.09 Bn | 9.45 Bn | 2.00 Mn |
| 10 | The9 | 23.65 Mn | 2.06 Mn | 319,000.00 | 327,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 327,000.00 |
| Mar 31, 2026 | 2.16 Mn |
| Dec 31, 2025 | 2.26 Mn |
| Jun 30, 2025 | 4.93 Mn |
| Dec 31, 2024 | 1.23 Mn |
| Jun 30, 2024 | 7.52 Mn |
| Dec 31, 2023 | 15.19 Mn |
| Jun 30, 2023 | 7.80 Mn |
| Dec 31, 2022 | 9.53 Mn |
| Jun 30, 2022 | 5.50 Mn |
| Dec 31, 2021 | 13.51 Mn |
| Jun 30, 2021 | 13.45 Mn |
| Jun 30, 2019 | 8.98 Mn |
| Dec 31, 2018 | 9.10 Mn |
| Jun 30, 2018 | 9.60 Mn |
| Jun 30, 2017 | 9.66 Mn |
| Jun 30, 2016 | 10.14 Mn |
| Dec 31, 2015 | 12.17 Mn |
| Jun 30, 2015 | 14.42 Mn |
| Dec 31, 2014 | 15.75 Mn |
API Access
The9 Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "NCTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();