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| Date | Value |
|---|---|
| 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 |