The9 (NCTY) Total Liabilities (2009 - 2025)

The9 (NCTY) posted quarterly Total Liabilities of $49.5 million for Q4 2025, up 70.08% year-over-year from $29.1 million in Q4 2024, and up 45.92% on a QoQ basis from $33.9 million in Q2 2025.

The9 (NCTY) Total Liabilities (2009 - 2025) Analysis & Trends

The9 (NCTY) has reported Total Liabilities for 17 consecutive years, with $49.5 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Total Liabilities rose 70.08% year-over-year to $49.5 million; the TTM figure through Dec 2025 stood at $49.5 million (up 70.08% YoY), while the FY2025 annual figure was $50.2 million, up 75.29% from the prior year.
  • Total Liabilities came in at $49.5 million for Q4 2025 at The9, up from $33.9 million in the prior quarter.
  • The five-year high for Total Liabilities was $85.5 million in Q4 2021, with the low at $25.3 million in Q4 2023.
  • Average Total Liabilities over 5 years is $55.3 million, with a median of $59.6 million recorded in 2021.
  • Across the five-year window, Total Liabilities sank 68.48% in 2023 and soared 70.08% in 2025, its largest moves.
  • Year by year, Total Liabilities stood at $85.5 million in 2021, then declined by 6.04% to $80.4 million in 2022, then tumbled by 68.48% to $25.3 million in 2023, then climbed by 14.94% to $29.1 million in 2024, then jumped by 70.08% to $49.5 million in 2025.
  • According to Business Quant data, Total Liabilities over the past three periods registered $49.5 million, $33.9 million, and $29.1 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1,466.03 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 1,937.40 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 444.09 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 24.19 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 35.79 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 13.15 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 986.11 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 77.11 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 4.60 Bn
10 The9 11.51 Bn 11.51 Bn - 49.52 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 49.52 Mn
Jun 30, 2025 33.94 Mn
Dec 31, 2024 29.11 Mn
Jun 30, 2024 31.96 Mn
Dec 31, 2023 25.33 Mn
Jun 30, 2023 76.78 Mn
Dec 31, 2022 80.36 Mn
Jun 30, 2022 70.30 Mn
Dec 31, 2021 85.53 Mn
Jun 30, 2021 69.71 Mn
Dec 31, 2020 55.35 Mn
Jun 30, 2020 74.72 Mn
Dec 31, 2019 151.01 Mn
Jun 30, 2019 142.96 Mn
Dec 31, 2018 131.38 Mn
Jun 30, 2018 127.85 Mn
Dec 31, 2017 123.85 Mn
Jun 30, 2017 123.38 Mn
Dec 31, 2016 118.16 Mn
Jun 30, 2016 99.46 Mn