The9 (NCTY) Notes Payables (2016 - 2025)

The9 (NCTY) has reported Notes Payables for 9 consecutive years, with $6.8 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Notes Payables fell 45.27% year-over-year to $6.8 million; the TTM figure through Dec 2025 stood at $6.8 million (down 45.27% YoY), while the FY2025 annual figure was $25.0 million, up 104.39% from the prior year.
• Notes Payables came in at $6.8 million for Q4 2025 at The9, down from $12.4 million in the prior quarter.
• The five-year high for Notes Payables was $14.5 million in Q4 2021, with the low at $6.8 million in Q4 2025.
• Average Notes Payables over 4 years is $10.6 million, with a median of $10.5 million recorded in 2024.
• Across the five-year window, Notes Payables slumped 40.96% in 2022 and plunged 45.27% in 2025, its largest moves.
• Year by year, Notes Payables stood at $14.5 million in 2021, then slumped by 40.96% to $8.6 million in 2022, then soared by 44.66% to $12.4 million in 2024, then plunged by 45.27% to $6.8 million in 2025.
• According to Business Quant data, Notes Payables over the past three periods registered $6.8 million, $12.4 million, and $8.6 million for Q4 2025, Q4 2024, and Q4 2022 respectively.