The9 (NCTY) Total Non-Current Liabilities (2010 - 2025)
The9 (NCTY) posted quarterly Total Non-Current Liabilities of $49.5 million for Q4 2025, up 71.6% year-over-year from $28.8 million in Q4 2024, and up 50.83% on a QoQ basis from $32.8 million in Q2 2025.
The9 (NCTY) Total Non-Current Liabilities (2010 - 2025) Analysis & Trends
The9 (NCTY) has reported Total Non-Current Liabilities for 16 consecutive years, with $49.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Total Non-Current Liabilities rose 71.6% year-over-year to $49.5 million; the TTM figure through Dec 2025 stood at $49.5 million (up 71.6% YoY), while the FY2025 annual figure was $48.9 million, up 69.42% from the prior year.
- Total Non-Current Liabilities came in at $49.5 million for Q4 2025 at The9, up from $32.8 million in the prior quarter.
- The five-year high for Total Non-Current Liabilities was $77.4 million in Q4 2021, with the low at $21.4 million in Q4 2023.
- Average Total Non-Current Liabilities over 5 years is $50.3 million, with a median of $51.5 million recorded in 2021.
- Across the five-year window, Total Non-Current Liabilities plunged 70.78% in 2023 and surged 71.6% in 2025, its largest moves.
- Year by year, Total Non-Current Liabilities stood at $77.4 million in 2021, then fell by 5.61% to $73.1 million in 2022, then slumped by 70.78% to $21.4 million in 2023, then soared by 35.06% to $28.8 million in 2024, then soared by 71.6% to $49.5 million in 2025.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $49.5 million, $32.8 million, and $28.8 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 1,913.89 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 53.46 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 35.55 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 10.72 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 650.31 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 52.77 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 3.95 Bn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - | 49.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 49.50 Mn |
| Jun 30, 2025 | 32.82 Mn |
| Dec 31, 2024 | 28.85 Mn |
| Jun 30, 2024 | 30.49 Mn |
| Dec 31, 2023 | 21.36 Mn |
| Jun 30, 2023 | 73.85 Mn |
| Dec 31, 2022 | 73.09 Mn |
| Jun 30, 2022 | 62.56 Mn |
| Dec 31, 2021 | 77.43 Mn |
| Jun 30, 2021 | 53.53 Mn |
| Dec 31, 2020 | 55.07 Mn |
| Jun 30, 2020 | 74.68 Mn |
| Dec 31, 2019 | 150.98 Mn |
| Jun 30, 2019 | 142.61 Mn |
| Dec 31, 2018 | 131.17 Mn |
| Jun 30, 2018 | 132.66 Mn |
| Dec 31, 2017 | 123.29 Mn |
| Jun 30, 2017 | 120.10 Mn |
| Dec 31, 2016 | 115.76 Mn |
| Jun 30, 2016 | 95.17 Mn |