The9 (NCTY) Operating Expenses (2009 - 2020)
The9 (NCTY) posted quarterly Operating Expenses of $50.8 million for Q4 2020, up 320.14% year-over-year from $12.1 million in Q1 2020, and up 320.14% on a QoQ basis from -$23.1 million in Q4 2019.
The9 (NCTY) Operating Expenses (2009 - 2020) Analysis & Trends
The9 (NCTY) has reported Operating Expenses for 12 consecutive years, with $50.8 million the latest figure, recorded in Q4 2020.
- In Q4 2020, Operating Expenses rose 320.14% year-over-year to $50.8 million; the TTM figure through Jun 2022 stood at $50.8 million (up 83.24% YoY), while the FY2025 annual figure was $40.5 million, up 416.61% from the prior year.
- Operating Expenses came in at $50.8 million for Q4 2020 at The9, up from -$23.1 million in the prior quarter.
- The five-year high for Operating Expenses was $50.8 million in Q4 2020, with the low at -$23.1 million in Q4 2019.
- Average Operating Expenses over 5 years is -$2.4 million, with a median of -$10.8 million recorded in 2018.
- Across the five-year window, Operating Expenses slumped 114.12% in 2019 and surged 320.14% in 2020, its largest moves.
- Year by year, Operating Expenses stood at -$19.1 million in 2016, then soared by 48.21% to -$9.9 million in 2017, then retreated by 9.02% to -$10.8 million in 2018, then plunged by 114.12% to -$23.1 million in 2019, then jumped by 320.14% to $50.8 million in 2020.
- According to Business Quant data, Operating Expenses over the past three periods registered $50.8 million, -$23.1 million, and -$10.8 million for Q4 2020, Q4 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 656.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 4.45 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 330.51 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 242.35 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 81.75 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 50.83 Mn |
| Dec 31, 2019 | -23.09 Mn |
| Dec 31, 2018 | -10.78 Mn |
| Dec 31, 2017 | -9.89 Mn |
| Dec 31, 2016 | -19.10 Mn |
| Dec 31, 2015 | -27.98 Mn |
| Dec 31, 2014 | 2.22 Mn |
| Dec 31, 2013 | -20.89 Mn |
| Sep 30, 2013 | -20.83 Mn |
| Jun 30, 2013 | -24.34 Mn |
| Mar 31, 2013 | -20.43 Mn |
| Dec 31, 2012 | -23.89 Mn |
| Sep 30, 2012 | -32.90 Mn |
| Jun 30, 2012 | -26.57 Mn |
| Mar 31, 2012 | -24.38 Mn |
| Dec 31, 2011 | -22,277.55 Bn |
| Sep 30, 2011 | -22,466.44 Bn |
| Jun 30, 2011 | -16.02 Mn |
| Mar 31, 2011 | -14.25 Mn |
| Dec 31, 2010 | -17,850.00 Bn |