The9 (NCTY) Notes Payables (2016 - 2025)
The9's quarterly Notes Payables came in at $6.8 million in Q4 2025, down 45.27% year-on-year from $12.4 million in Q4 2024, and down 45.27% quarter-over-quarter from $12.4 million in Q4 2024.
The9 has reported Notes Payables for 9 years, with the latest figure at $6.8 million in Q4 2025.
- For the quarter ending Q4 2025, Notes Payables fell 45.27% year-over-year to $6.8 million; the trailing twelve-month figure through Dec 2025 stood at $6.8 million (down 45.27% YoY), and the FY2025 full-year result was $25.0 million, up 104.39% from the prior year.
- Notes Payables for Q4 2025 stood at $6.8 million, 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.
- Year-over-year, Notes Payables sank 40.96% in 2022 and tumbled 45.27% in 2025.
- Tracing NCTY's Notes Payables over 4 years: stood at $14.5 million in 2021, then plunged by 40.96% to $8.6 million in 2022, then jumped by 44.66% to $12.4 million in 2024, then slumped by 45.27% to $6.8 million in 2025.
- The last three Notes Payables figures came in at $6.8 million (Q4 2025), $12.4 million (Q4 2024), and $8.6 million (Q4 2022), 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 | 6.79 Mn |
| Dec 31, 2024 | 12.40 Mn |
| Dec 31, 2022 | 8.57 Mn |
| Dec 31, 2021 | 14.52 Mn |
| Jun 30, 2020 | 16.94 Mn |
| Dec 31, 2019 | 58.76 Mn |
| Jun 30, 2019 | 21.44 Mn |
| Dec 31, 2018 | 16.27 Mn |
| Jun 30, 2018 | 16.56 Mn |
| Dec 31, 2017 | 16.44 Mn |
| Dec 31, 2016 | 15.76 Mn |