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The9 (NCTY) Research & Development (2009 - 2020)

The9's quarterly Research & Development came in at -$367892.2 in Q4 2020, up 80.19% year-on-year from -$204166.7 in Q1 2020, and up 80.19% quarter-over-quarter from -$1.9 million in Q4 2019.

The9 has reported Research & Development for 12 years, with the latest figure at -$367892.2 in Q4 2020.

  • For the quarter ending Q4 2020, Research & Development rose 80.19% year-over-year to -$367892.2; the trailing twelve-month figure through Dec 2020 stood at -$7.1 million (up 39.49% YoY), and the FY2025 full-year result was $1.4 million, up 1097.44% from the prior year.
  • Research & Development for Q4 2020 stood at -$367892.2, up from -$1.9 million in the prior quarter.
  • The five-year high for Research & Development was -$367892.2 in Q4 2020, with the low at -$5.0 million in Q4 2016.
  • Average Research & Development over 5 years is -$2.4 million, with a median of -$1.9 million recorded in 2019.
  • Year-over-year, Research & Development fell 3.7% in 2019 and jumped 80.19% in 2020.
  • Tracing NCTY's Research & Development over 5 years: stood at -$5.0 million in 2016, then jumped by 38.22% to -$3.1 million in 2017, then surged by 42.11% to -$1.8 million in 2018, then retreated by 3.7% to -$1.9 million in 2019, then jumped by 80.19% to -$367892.2 in 2020.
  • The last three Research & Development figures came in at -$367892.2 (Q4 2020), -$1.9 million (Q4 2019), and -$1.8 million (Q4 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 1.15 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 583.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 241.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 23.47 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 39.55 Mn
10 The9 1.57 Bn 1.57 Bn - -

Historic Data

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DateValue
Dec 31, 2020 -367,892.19
Dec 31, 2019 -1.86 Mn
Dec 31, 2018 -1.79 Mn
Dec 31, 2017 -3.09 Mn
Dec 31, 2016 -5.01 Mn
Dec 31, 2015 -11.38 Mn
Dec 31, 2014 -12.50 Mn
Dec 31, 2013 -6.96 Mn
Sep 30, 2013 -9.65 Mn
Jun 30, 2013 -9.64 Mn
Mar 31, 2013 -8.72 Mn
Dec 31, 2012 -11.03 Mn
Sep 30, 2012 -13.68 Mn
Jun 30, 2012 -12.32 Mn
Mar 31, 2012 -10.90 Mn
Dec 31, 2011 -10,888.34 Bn
Sep 30, 2011 -9,077.40 Bn
Jun 30, 2011 -7.28 Mn
Mar 31, 2011 -6.10 Mn
Dec 31, 2010 -5,260.15 Bn
Sep 30, 2010 -5,533.09 Bn
Jun 30, 2010 -5.76 Mn
Mar 31, 2010 -4.12 Mn
Dec 31, 2009 -4.47 Mn
Sep 30, 2009 -3.85 Mn
Jun 30, 2009 -4.56 Mn
Mar 31, 2009 -3.88 Mn