The9 (NCTY) Non-cash Items (2011 - 2025)
The9's quarterly Non-cash Items came in at $22.1 million in Q4 2025, down 41.01% year-on-year from $37.5 million in Q4 2024, and down 41.01% quarter-over-quarter from $37.5 million in Q4 2024.
The9 has reported Non-cash Items for 11 years, with the latest figure at $22.1 million in Q4 2025.
- For the quarter ending Q4 2025, Non-cash Items fell 41.01% year-over-year to $22.1 million; the trailing twelve-month figure through Dec 2025 stood at $22.1 million (down 41.01% YoY), and the FY2025 full-year result was $22.5 million, down 39.02% from the prior year.
- Non-cash Items for Q4 2025 stood at $22.1 million, down from $37.5 million in the prior quarter.
- The five-year high for Non-cash Items was $37.5 million in Q4 2024, with the low at $7030.2 in Q4 2022.
- Average Non-cash Items over 4 years is $15.9 million, with a median of $13.1 million recorded in 2023.
- Year-over-year, Non-cash Items surged 56994.3% in 2023 and plunged 41.01% in 2025.
- Tracing NCTY's Non-cash Items over 4 years: stood at $7030.2 in 2022, then surged by 56994.3% to $4.0 million in 2023, then soared by 835.42% to $37.5 million in 2024, then sank by 41.01% to $22.1 million in 2025.
- The last three Non-cash Items figures came in at $22.1 million (Q4 2025), $37.5 million (Q4 2024), and $4.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.15 Mn |
| Dec 31, 2025 | 22.15 Mn |
| Dec 31, 2024 | 37.55 Mn |
| Dec 31, 2024 | 37.55 Mn |
| Dec 31, 2023 | 4.01 Mn |
| Dec 31, 2023 | 4.01 Mn |
| Dec 31, 2022 | 7,030.20 |
| Dec 31, 2022 | 7,030.20 |
| Dec 31, 2017 | 574,339.62 |
| Dec 31, 2017 | 574,339.62 |
| Dec 31, 2016 | 3.00 Mn |
| Dec 31, 2016 | 3.00 Mn |
| Dec 31, 2015 | 609,520.49 |
| Dec 31, 2015 | 609,520.49 |
| Dec 31, 2014 | 593,858.71 |
| Dec 31, 2014 | 593,858.71 |
| Dec 31, 2013 | 49,329.11 |
| Dec 31, 2013 | 49,329.11 |
| Dec 31, 2012 | 409,960.12 |
| Dec 31, 2012 | 409,960.12 |
| Dec 31, 2011 | 74,867.00 |
| Dec 31, 2011 | 74,867.00 |