The9 (NCTY) Research & Development (2016 - 2020)
Historic Research & Development for The9 (NCTY) over the last 12 years, with Q4 2020 value amounting to -$2.4 million.
- The9's Research & Development rose 8137.51% to -$2.4 million in Q4 2020 from the same period last year, while for Dec 2020 it was -$20.4 million, marking a year-over-year increase of 1117.99%. This contributed to the annual value of $117000.0 for FY2024, which is 5784.07% down from last year.
- The9's Research & Development amounted to -$2.4 million in Q4 2020, which was up 8137.51% from -$13.1 million recorded in Q4 2019.
- The9's 5-year Research & Development high stood at -$1.8 million for Q4 2018, and its period low was -$13.1 million during Q4 2019.
- Moreover, its 5-year median value for Research & Development was -$3.1 million (2017), whereas its average is -$5.1 million.
- Per our database at Business Quant, The9's Research & Development tumbled by 63090.18% in 2019 and then skyrocketed by 8137.51% in 2020.
- Quarter analysis of 5 years shows The9's Research & Development stood at -$5.0 million in 2016, then surged by 38.22% to -$3.1 million in 2017, then skyrocketed by 42.11% to -$1.8 million in 2018, then crashed by 630.9% to -$13.1 million in 2019, then surged by 81.38% to -$2.4 million in 2020.
- Its Research & Development was -$2.4 million in Q4 2020, compared to -$13.1 million in Q4 2019 and -$1.8 million in Q4 2018.