The9 (NCTY) Payables (2009 - 2025)
The9's quarterly Payables came in at $7.5 million in Q4 2025, down 42.99% year-on-year from $13.2 million in Q4 2024, and up 593.32% quarter-over-quarter from $1.1 million in Q2 2025.
The9 has reported Payables for 17 years, with the latest figure at $7.5 million in Q4 2025.
- For the quarter ending Q4 2025, Payables fell 42.99% year-over-year to $7.5 million; the trailing twelve-month figure through Dec 2025 stood at $7.5 million (down 42.99% YoY), and the FY2025 full-year result was $7.4 million, down 43.72% from the prior year.
- Payables for Q4 2025 stood at $7.5 million, up from $1.1 million in the prior quarter.
- The five-year high for Payables was $20.8 million in Q4 2021, with the low at $162224.0 in Q2 2021.
- Average Payables over 5 years is $6.0 million, with a median of $2.7 million recorded in 2023.
- Year-over-year, Payables plunged 99.28% in 2021 and surged 2438.77% in 2022.
- Tracing NCTY's Payables over 5 years: stood at $20.8 million in 2021, then tumbled by 53.86% to $9.6 million in 2022, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 427.97 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 642.14 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 40.59 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 522.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 676.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 262.22 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 307.68 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 461.84 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 130.70 Mn |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | 7.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.51 Mn |
| Jun 30, 2025 | 1.08 Mn |
| Dec 31, 2024 | 13.17 Mn |
| Jun 30, 2024 | 1.21 Mn |
| Dec 31, 2023 | 1.33 Mn |
| Jun 30, 2023 | 1.31 Mn |
| Dec 31, 2022 | 9.58 Mn |
| Jun 30, 2022 | 4.12 Mn |
| Dec 31, 2021 | 20.76 Mn |
| Jun 30, 2021 | 162,224.00 |
| Dec 31, 2020 | 5.37 Mn |
| Jun 30, 2020 | 22.41 Mn |
| Dec 31, 2019 | 64.18 Mn |
| Jun 30, 2019 | 26.94 Mn |
| Dec 31, 2018 | 21.77 Mn |
| Jun 30, 2018 | 22.11 Mn |
| Dec 31, 2017 | 22.05 Mn |
| Jun 30, 2017 | 5.47 Mn |
| Dec 31, 2016 | 21.19 Mn |
| Jun 30, 2016 | 6.40 Mn |
| Dec 31, 2015 | 6.47 Mn |
| Jun 30, 2015 | 6.24 Mn |
| Dec 31, 2014 | 6.55 Mn |
| Jun 30, 2014 | 10.50 Mn |
| Dec 31, 2013 | 11.41 Mn |
| Dec 31, 2012 | 8.79 Mn |
| Dec 31, 2011 | 6.95 Mn |
| Dec 31, 2010 | 7.06 Mn |
| Jun 30, 2010 | 8.72 Mn |
| Mar 31, 2010 | 5.83 Mn |
| Dec 31, 2009 | 5.14 Mn |
| Sep 30, 2009 | 5.11 Mn |
| Jun 30, 2009 | 10.31 Mn |
| Mar 31, 2009 | 4.99 Mn |