The9 (NCTY) Receivables - Net (2009 - 2025)
The9 (NCTY) recorded quarterly Receivables - Net of $604435.3 in Q4 2025, up 289.31% quarter-over-quarter from $155257.8 in Q2 2025, and up 759.75% on a YoY basis 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 $612000.0, up 770.79% from the prior year.
- Receivables - Net was $604435.3 for Q4 2025 at The9, up from $155257.8 in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $604435.3 in Q4 2025 to a low of $462.0 in Q2 2021.
- Historically, Receivables - Net has averaged $194716.6 across 5 years, with a median of $45797.9 in 2022.
- Biggest YoY gain for Receivables - Net was 127940.84% in 2021; the steepest drop was 99.39% in 2021.
- A 5-year view of Receivables - Net shows it stood at $575944.2 in 2021, then tumbled by 96.3% to $21292.0 in 2022, then sank 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.
- The last three Receivables - Net figures came in at $604435.3 (Q4 2025), $155257.8 (Q2 2025), and $70303.9 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn |
| 10 | The9 | 1.59 Bn | 1.60 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 604,435.28 |
| Dec 31, 2025 | 604,435.28 |
| 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 |