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
DateValue
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