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 759.75% quarter-over-quarter from $70303.9 in Q4 2024.
The9 (NCTY) Receivables - Net (2009 - 2025) Analysis & Trends
The9's Receivables - Net history runs 17 years deep, the most recent figure standing at $604435.3 for 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 $900000.0, up 1180.57% from the prior year.
- Receivables - Net for Q4 2025 stood at $604435.3, up from $70303.9 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.
- The 5-year median for Receivables - Net is $45797.9 (2022), against an average of $213369.2.
- The sharpest annual moves came in 2021 and 2022: Receivables - Net soared 127940.84% in 2021, then plunged 96.3% in 2022.
- The9's Receivables - Net stood at $575944.2 in 2021, then slumped by 96.3% to $21292.0 in 2022, then plunged by 63.47% to $7777.7 in 2023, then jumped by 803.92% to $70303.9 in 2024, then surged by 759.75% to $604435.3 in 2025.
- Business Quant data shows NCTY's Receivables - Net at $604435.3 in Q4 2025, $70303.9 in Q4 2024, and $7777.7 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | The9 | 56,961.36 | -2.76 Mn | 363.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 604,435.28 |
| Dec 31, 2025 | 604,435.28 |
| Dec 31, 2024 | 70,303.94 |
| Dec 31, 2024 | 70,303.94 |
| Dec 31, 2023 | 7,777.69 |
| Dec 31, 2023 | 7,777.69 |
| Dec 31, 2022 | 21,291.96 |
| Dec 31, 2022 | 21,291.96 |
| Dec 31, 2021 | 575,944.22 |
| Dec 31, 2021 | 575,944.22 |
| Jun 30, 2021 | 462.00 |
| Jun 30, 2021 | 462.00 |
| Dec 31, 2020 | 449.81 |
| Dec 31, 2020 | 449.81 |
| Dec 31, 2019 | 15,668.89 |
| Dec 31, 2019 | 15,668.89 |
| Dec 31, 2018 | 85,750.45 |
| Dec 31, 2018 | 85,750.45 |
| Dec 31, 2017 | 394,113.06 |
| Dec 31, 2017 | 394,113.06 |