The9 (NCTY) Invested Capital (2012 - 2026)
The9 (NCTY) posted Invested Capital of $108.9 million for Q2 2026, up 50.24% on a QoQ basis from $72.5 million in Q1 2026, and up 44.33% year-over-year from $75.5 million in Q2 2025.
Powered by 
Analysis
The9 (NCTY) Invested Capital (2012 - 2026) Analysis & Trends
The9 has reported Invested Capital for 15 years, with the latest figure at $108.9 million in Q2 2026.
- On a quarterly basis, Invested Capital rose 44.33% year-over-year to $108.9 million in Q2 2026; TTM through Jun 2026 was $108.9 million, a 44.33% increase from a year earlier, with the FY2025 full-year figure at $51.3 million, down 25.52% from the prior year.
- Invested Capital was $108.9 million for Q2 2026 at The9, up from $72.5 million in the prior quarter.
- The five-year high for Invested Capital was $108.9 million in Q2 2026, with the low at -$11.3 million in Q2 2023.
- Average Invested Capital over 5 years is $53.3 million, with a median of $60.7 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Invested Capital slumped 117.48% in 2023, then soared 597.62% in 2024.
- Over 5 years, Invested Capital stood at $12.7 million in 2022, then surged by 147.01% to $31.5 million in 2023, then soared by 122.45% to $70.0 million in 2024, then slipped by 25.73% to $52.0 million in 2025, then jumped by 109.4% to $108.9 million in 2026.
- The last three Invested Capital figures came in at $108.9 million (Q2 2026), $72.5 million (Q1 2026), and $52.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 74.18 Bn | 64.04 Bn | 3.13 Bn | 27.03 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 8.57 Bn |
| 3 | Take Two Interactive Software | 38.42 Bn | 36.59 Bn | 882.50 Mn | 6.76 Bn |
| 4 | Roblox | 34.16 Bn | 31.13 Bn | 1.18 Bn | 1.16 Bn |
| 5 | The9 | 2.85 Bn | 2.85 Bn | 319,000.00 | 108.92 Mn |
| 6 | Playtika Holding | 842.89 Mn | 404.39 Mn | 538.20 Mn | 2.18 Bn |
| 7 | DoubleDown Interactive | 631.81 Mn | 78.25 Mn | 71.22 Mn | 1.04 Bn |
| 8 | Gravity | 481.91 Mn | 481.47 Mn | 34,891.11 | - |
| 9 | Sohu.com | 327.69 Mn | -504.94 Mn | 133.81 Mn | - |
| 10 | Gdev | 201.47 Mn | 119.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.92 Mn |
| Mar 31, 2026 | 72.49 Mn |
| Dec 31, 2025 | 52.01 Mn |
| Jun 30, 2025 | 75.46 Mn |
| Dec 31, 2024 | 70.04 Mn |
| Jun 30, 2024 | 56.44 Mn |
| Dec 31, 2023 | 31.48 Mn |
| Jun 30, 2023 | -11.34 Mn |
| Dec 31, 2022 | 12.75 Mn |
| Jun 30, 2022 | 64.89 Mn |
| Dec 31, 2021 | 134.27 Mn |
| Jun 30, 2021 | 158.62 Mn |
| Dec 31, 2020 | -96.15 Mn |
| Jun 30, 2020 | -93.76 Mn |
| Dec 31, 2019 | -99.35 Mn |
| Jun 30, 2019 | -144.96 Mn |
| Dec 31, 2018 | -69.36 Mn |
| Jun 30, 2018 | -127.72 Mn |
| Dec 31, 2017 | -74.39 Mn |
| Jun 30, 2017 | -101.77 Mn |
API Access
The9 Invested Capital 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=invested-capital&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();