The9 (NCTY) Invested Capital (2014 - 2026)
The9 (NCTY) reported Invested Capital of $106.67 million for Q2 2026, up 490.4% from $18.07 million a year earlier and up 53.9% from the prior quarter.
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Analysis
The9 (NCTY) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, The9 posted Invested Capital of $72.19 million, up 24.5% from FY2024.
- Invested Capital has increased for three consecutive years.
- By year, Invested Capital came in at $58.01 million in FY2024 (+38.1%), $42.01 million in FY2023 (+227.3%), $12.83 million in FY2022 (-90.6%) and $137.06 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q4 2021.
- The high point for year-over-year Invested Capital in five years was Q2 2026 (growth of 490.4%); the low point was Q4 2022 (a decline of 91.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,933.83 Bn | 3,691.35 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,646.47 Bn | 1,348.99 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 274.49 Bn | 235.79 Bn | 6.80 Bn | 44.42 Bn |
| 4 | Alibaba Group Holding | 232.59 Bn | 46.36 Bn | 15.11 Bn | 184.39 Bn |
| 5 | Shopify | 219.57 Bn | 196.76 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 138.17 Bn | 109.97 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 120.57 Bn | 53.62 Bn | - | 9.40 Bn |
| 8 | Spotify Technology | 117.87 Bn | 74.79 Bn | 1.89 Bn | - |
| 9 | PDD Holdings | 110.30 Bn | -133.48 Bn | 9.45 Bn | - |
| 10 | The9 | 24.18 Mn | 5.98 Mn | 319,000.00 | 106.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.92 Mn |
| Mar 31, 2026 | 69.47 Mn |
| Dec 31, 2025 | 52.23 Mn |
| Jun 30, 2025 | 74.98 Mn |
| Dec 31, 2024 | 64.51 Mn |
| Jun 30, 2024 | 58.53 Mn |
| Dec 31, 2023 | 39.57 Mn |
| Jun 30, 2023 | -13.78 Mn |
| Dec 31, 2022 | 12.71 Mn |
| Jun 30, 2022 | 55.17 Mn |
| Dec 31, 2021 | 134.38 Mn |
| Jun 30, 2021 | 144.10 Mn |
| Dec 31, 2020 | -102.33 Mn |
| Jun 30, 2020 | -93.53 Mn |
| Dec 31, 2019 | -100.24 Mn |
| Jun 30, 2019 | -143.88 Mn |
| Dec 31, 2018 | -86.09 Mn |
| Jun 30, 2018 | -122.78 Mn |
| Dec 31, 2017 | -43.06 Mn |
| Jun 30, 2017 | -102.89 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();