The9 (NCTY) Research & Development (2009 - 2020)
The9 (NCTY) posted quarterly Research & Development of -$367892.2 for Q4 2020, up 80.19% year-over-year from -$204166.7 in Q1 2020, and up 80.19% on a QoQ basis from -$1.9 million in Q4 2019.
The9 (NCTY) Research & Development (2009 - 2020) Analysis & Trends
The9 (NCTY) has reported Research & Development for 12 consecutive years, with -$367892.2 the latest figure, recorded in Q4 2020.
- In Q4 2020, Research & Development rose 80.19% year-over-year to -$367892.2; the TTM figure through Dec 2020 stood at -$7.1 million (up 39.49% YoY), while the FY2025 annual figure was $1.4 million, up 1097.44% from the prior year.
- Research & Development came in at -$367892.2 for Q4 2020 at The9, 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.
- Across the five-year window, Research & Development retreated 3.7% in 2019 and surged 80.19% in 2020, its largest moves.
- Year by year, Research & Development stood at -$5.0 million in 2016, then soared by 38.22% to -$3.1 million in 2017, then jumped by 42.11% to -$1.8 million in 2018, then slipped by 3.7% to -$1.9 million in 2019, then soared by 80.19% to -$367892.2 in 2020.
- According to Business Quant data, Research & Development over the past three periods registered -$367892.2, -$1.9 million, and -$1.8 million for Q4 2020, Q4 2019, and Q4 2018 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 241.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.47 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 39.55 Mn |
| 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, 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 |