The9 (NCTY) Receivables - Net (2009 - 2025)
The9 (NCTY) posted quarterly Receivables - Net of $604435.3 for Q4 2025, up 759.75% year-over-year from $70303.9 in Q4 2024, and up 289.31% on a QoQ basis from $155257.8 in Q2 2025.
The9 (NCTY) Receivables - Net (2009 - 2025) Analysis & Trends
The9 (NCTY) has reported Receivables - Net for 17 consecutive years, with $604435.3 the latest figure, recorded in Q4 2025.
- In Q4 2025, Receivables - Net rose 759.75% year-over-year to $604435.3; the TTM figure through Dec 2025 stood at $604435.3 (up 759.75% YoY), while the FY2025 annual figure was $612000.0, up 770.79% from the prior year.
- Receivables - Net came in at $604435.3 for Q4 2025 at The9, up from $155257.8 in the prior quarter.
- The five-year high for Receivables - Net was $604435.3 in Q4 2025, with the low at $462.0 in Q2 2021.
- Average Receivables - Net over 5 years is $194716.6, with a median of $45797.9 recorded in 2022.
- The largest YoY upside for Receivables - Net was 127940.84% in 2021 against a maximum downside of 99.39% in 2021.
- Year by year, Receivables - Net stood at $575944.2 in 2021, then plunged by 96.3% to $21292.0 in 2022, then slumped by 63.47% to $7777.7 in 2023, then surged by 803.92% to $70303.9 in 2024, then soared by 759.75% to $604435.3 in 2025.
- According to Business Quant data, Receivables - Net over the past three periods registered $604435.3, $155257.8, and $70303.9 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 888,253.38 |
| Dec 31, 2025 | 888,253.38 |
| Jun 30, 2025 | 155,257.82 |
| Jun 30, 2025 | 155,257.82 |
| Dec 31, 2024 | 70,303.94 |
| Dec 31, 2024 | 70,303.94 |
| Jun 30, 2024 | 20,029.79 |
| Jun 30, 2024 | 20,029.79 |
| Dec 31, 2023 | 7,777.69 |
| Dec 31, 2023 | 7,777.69 |
| Jun 30, 2023 | 13,420.87 |
| Jun 30, 2023 | 13,420.87 |
| Dec 31, 2022 | 21,291.96 |
| Dec 31, 2022 | 21,291.96 |
| Jun 30, 2022 | 478,242.00 |
| Jun 30, 2022 | 478,242.00 |
| Dec 31, 2021 | 575,944.22 |
| Dec 31, 2021 | 575,944.22 |
| Jun 30, 2021 | 462.00 |
| Jun 30, 2021 | 462.00 |