The9 (NCTY) Payables (2009 - 2025)

The9's Payables history runs 17 years deep, the most recent figure standing at $7.5 million for Q4 2025.

• In Q4 2025, Payables fell 42.99% year-over-year to $7.5 million; the TTM figure through Dec 2025 stood at $7.5 million (down 42.99% YoY), while the FY2025 annual figure was $7.4 million, down 42.83% from the prior year.
• Payables was $7.5 million for Q4 2025 at The9, up from $1.1 million in the prior quarter.
• In the past five years, Payables ranged from a high of $20.8 million in Q4 2021 to a low of $162224.0 in Q2 2021.
• Historically, Payables has averaged $6.0 million across 5 years, with a median of $2.7 million in 2023.
• The sharpest annual moves came in 2021 and 2022: Payables plunged 99.28% in 2021, then soared 2438.77% in 2022.
• A 5-year view of Payables shows it stood at $20.8 million in 2021, then plunged by 53.86% to $9.6 million in 2022, then tumbled by 86.08% to $1.3 million in 2023, then jumped by 888.14% to $13.2 million in 2024, then slumped by 42.99% to $7.5 million in 2025.
• The last three Payables figures came in at $7.5 million (Q4 2025), $1.1 million (Q2 2025), and $13.2 million (Q4 2024), per Business Quant data.