The9 (NCTY) Invested Capital (2013 - 2025)
The9 (NCTY) posted quarterly Invested Capital of $24.6 million for Q4 2025, up 98.34% year-over-year from $12.4 million in Q4 2024, and up 98.34% quarter-over-quarter from $12.4 million in Q4 2024.
The9 (NCTY) Invested Capital (2013 - 2025) Analysis & Trends
The9's Invested Capital history runs 12 years deep, the most recent figure standing at $24.6 million for Q4 2025.
- In Q4 2025, Invested Capital rose 98.34% year-over-year to $24.6 million; the TTM figure through Mar 2026 stood at $24.6 million (up 98.34% YoY), while the FY2025 annual figure was $25.0 million, up 104.8% from the prior year.
- Invested Capital for Q4 2025 stood at $24.6 million, up from $12.4 million in the prior quarter.
- The five-year high for Invested Capital was $24.6 million in Q4 2025, with the low at $3.0 million in Q4 2022.
- The 4-year median for Invested Capital is $3.7 million (2021), against an average of $9.4 million.
- The sharpest annual moves came in 2022 and 2025: Invested Capital decreased 20.05% in 2022, then soared 98.34% in 2025.
- The9's Invested Capital stood at $3.7 million in 2021, then dropped by 20.05% to $3.0 million in 2022, then soared by 316.94% to $12.4 million in 2024, then jumped by 98.34% to $24.6 million in 2025.
- Business Quant data shows NCTY's Invested Capital at $24.6 million in Q4 2025, $12.4 million in Q4 2024, and $3.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 392.56 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 55.64 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 20.54 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 45.41 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | The9 | 56,961.36 | -2.76 Mn | 363.81 Mn | 19.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 24.60 Mn |
| Dec 31, 2024 | 12.40 Mn |
| Dec 31, 2022 | 2.98 Mn |
| Dec 31, 2021 | 3.72 Mn |
| Jun 30, 2021 | 3.17 Mn |
| Dec 31, 2020 | 4.57 Mn |
| Dec 31, 2019 | 16.67 Mn |
| Dec 31, 2018 | 16.27 Mn |
| Dec 31, 2017 | 16.44 Mn |
| Dec 31, 2016 | 15.76 Mn |
| Dec 31, 2015 | 12.18 Mn |
| Dec 31, 2014 | 1.03 Mn |
| Dec 31, 2013 | 789,225.22 |