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
DateValue
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