The9 (NCTY) Operating Income (2009 - 2020)

The9 (NCTY) posted quarterly Operating Income of -$50.9 million for Q4 2020, down 118.96% year-over-year from $268.3 million in Q1 2020, and down 118.96% on a QoQ basis from -$23.2 million in Q4 2019.

The9 (NCTY) Operating Income (2009 - 2020) Analysis & Trends

The9 (NCTY) has reported Operating Income for 12 consecutive years, with -$50.9 million the latest figure, recorded in Q4 2020.

  • In Q4 2020, Operating Income fell 118.96% year-over-year to -$50.9 million; the TTM figure through Dec 2020 stood at -$88.3 million (down 63.15% YoY), while the FY2025 annual figure was -$40.2 million, down 399.34% from the prior year.
  • Operating Income came in at -$50.9 million for Q4 2020 at The9, down from -$23.2 million in the prior quarter.
  • The five-year high for Operating Income was -$3.3 million in Q4 2017, with the low at -$50.9 million in Q4 2020.
  • Average Operating Income over 5 years is -$21.0 million, with a median of -$16.7 million recorded in 2016.
  • Across the five-year window, Operating Income soared 80.4% in 2017 and slumped 234.0% in 2018, its largest moves.
  • Year by year, Operating Income stood at -$16.7 million in 2016, then jumped by 80.4% to -$3.3 million in 2017, then plunged by 234.0% to -$10.9 million in 2018, then plunged by 112.6% to -$23.2 million in 2019, then plunged by 118.96% to -$50.9 million in 2020.
  • According to Business Quant data, Operating Income over the past three periods registered -$50.9 million, -$23.2 million, and -$10.9 million for Q4 2020, Q4 2019, and Q4 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 287.25 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 45.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -233.52 Mn
10 The9 11.51 Bn 11.51 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2020 -50.86 Mn
Dec 31, 2019 -23.23 Mn
Dec 31, 2018 -10.93 Mn
Dec 31, 2017 -3.27 Mn
Dec 31, 2016 -16.69 Mn
Dec 31, 2015 -29.98 Mn
Dec 31, 2014 1.04 Mn
Dec 31, 2013 -20.39 Mn
Sep 30, 2013 -22.18 Mn
Jun 30, 2013 -23.84 Mn
Mar 31, 2013 -20.56 Mn
Dec 31, 2012 -24.10 Mn
Sep 30, 2012 -30.52 Mn
Jun 30, 2012 -20.46 Mn
Mar 31, 2012 -19.22 Mn
Dec 31, 2011 -19.98 Mn
Sep 30, 2011 -15.89 Mn
Jun 30, 2011 -14.06 Mn
Mar 31, 2011 -9.97 Mn
Dec 31, 2010 -17.60