The9 (NCTY) Liabilities and Shareholders Equity (2009 - 2025)
The9 (NCTY) recorded quarterly Liabilities and Shareholders Equity of $83.7 million in Q4 2025, down 15.11% quarter-over-quarter from $98.6 million in Q2 2025, and down 5.55% on a YoY basis from $88.6 million in Q4 2024.
The9 (NCTY) Liabilities and Shareholders Equity (2009 - 2025) Analysis & Trends
The9's Liabilities and Shareholders Equity history runs 17 years deep, the most recent figure standing at $83.7 million for Q4 2025.
- In Q4 2025, Liabilities and Shareholders Equity fell 5.55% year-over-year to $83.7 million; the TTM figure through Dec 2025 stood at $363.2 million (up 28.91% YoY), while the FY2025 annual figure was $82.6 million, down 5.27% from the prior year.
- Liabilities and Shareholders Equity was $83.7 million for Q4 2025 at The9, down from $98.6 million in the prior quarter.
- In the past five years, Liabilities and Shareholders Equity ranged from a high of $204.9 million in Q4 2021 to a low of $50.4 million in Q2 2023.
- Historically, Liabilities and Shareholders Equity has averaged $107.2 million across 5 years, with a median of $90.4 million in 2024.
- The sharpest annual moves came in 2021 and 2022: Liabilities and Shareholders Equity jumped 2703.85% in 2021, then tumbled 58.9% in 2022.
- A 5-year view of Liabilities and Shareholders Equity shows it stood at $204.9 million in 2021, then sank by 58.9% to $84.2 million in 2022, then sank by 40.03% to $50.5 million in 2023, then surged by 75.45% to $88.6 million in 2024, then decreased by 5.55% to $83.7 million in 2025.
- The last three Liabilities and Shareholders Equity figures came in at $83.7 million (Q4 2025), $98.6 million (Q2 2025), and $88.6 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 103,154.28 Bn | 103,154.28 Bn | - | - |
| 2 | Morgan Stanley | 334.86 Bn | 201.33 Bn | - | 1,581.42 Bn |
| 3 | Goldman Sachs | 322.95 Bn | -614.60 Bn | - | 2,060.18 Bn |
| 4 | Schwab Charles | 158.90 Bn | 113.93 Bn | - | 493.32 Bn |
| 5 | Robinhood Markets | 83.76 Bn | 79.11 Bn | 960.00 Mn | 45.47 Bn |
| 6 | Interactive Brokers | 40.42 Bn | 51.01 Bn | - | 218.75 Bn |
| 7 | LPL Financial Holdings | 23.70 Bn | 22.67 Bn | - | 18.84 Bn |
| 8 | Tradeweb Markets | 21.55 Bn | 20.30 Bn | - | 8.30 Bn |
| 9 | Iren | 19.92 Bn | 17.71 Bn | 144.76 Mn | 7.26 Bn |
| 10 | The9 | 1.56 Bn | 1.57 Bn | - | 83.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 83.71 Mn |
| Jun 30, 2025 | 98.62 Mn |
| Dec 31, 2024 | 88.63 Mn |
| Jun 30, 2024 | 92.24 Mn |
| Dec 31, 2023 | 50.52 Mn |
| Jun 30, 2023 | 50.36 Mn |
| Dec 31, 2022 | 84.24 Mn |
| Jun 30, 2022 | 115.98 Mn |
| Dec 31, 2021 | 204.95 Mn |
| Jun 30, 2021 | 202.51 Mn |
| Dec 31, 2020 | 7.31 Mn |
| Jun 30, 2020 | 13.43 Mn |
| Dec 31, 2019 | 25.75 Mn |
| Jun 30, 2019 | 28.45 Mn |
| Dec 31, 2018 | 23.82 Mn |
| Jun 30, 2018 | 37.62 Mn |
| Dec 31, 2017 | 48.84 Mn |
| Jun 30, 2017 | 44.43 Mn |
| Dec 31, 2016 | 51.43 Mn |
| Jun 30, 2016 | 59.65 Mn |