The9 (NCTY) Total Non-Current Liabilities (2010 - 2025)
The9's quarterly Total Non-Current Liabilities came in at $49.5 million in Q4 2025, up 71.6% year-on-year from $28.8 million in Q4 2024, and up 50.83% quarter-over-quarter from $32.8 million in Q2 2025.
The9 has reported Total Non-Current Liabilities for 16 years, with the latest figure at $49.5 million in Q4 2025.
- For the quarter ending Q4 2025, Total Non-Current Liabilities rose 71.6% year-over-year to $49.5 million; the trailing twelve-month figure through Dec 2025 stood at $49.5 million (up 71.6% YoY), and the FY2025 full-year result was $48.9 million, up 69.42% from the prior year.
- Total Non-Current Liabilities for Q4 2025 stood at $49.5 million, 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.
- Year-over-year, Total Non-Current Liabilities tumbled 70.78% in 2023 and jumped 71.6% in 2025.
- Tracing NCTY's Total Non-Current Liabilities over 5 years: stood at $77.4 million in 2021, then dropped by 5.61% to $73.1 million in 2022, then plunged by 70.78% to $21.4 million in 2023, then jumped by 35.06% to $28.8 million in 2024, then jumped by 71.6% to $49.5 million in 2025.
- The last three Total Non-Current Liabilities figures came in at $49.5 million (Q4 2025), $32.8 million (Q2 2025), and $28.8 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 1,913.89 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 35.55 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 197.27 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 52.77 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 10.72 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 3.95 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 650.31 Mn |
| 10 | The9 | 1.57 Bn | 1.57 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 | 61.59 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 | 127.73 Mn |
| Dec 31, 2017 | 123.29 Mn |
| Jun 30, 2017 | 121.53 Mn |
| Dec 31, 2016 | 115.76 Mn |
| Jun 30, 2016 | 95.17 Mn |
| Dec 31, 2015 | 84.03 Mn |
| Dec 31, 2014 | 49.20 Mn |
| Jun 30, 2014 | 51.19 Mn |
| Dec 31, 2013 | 55.16 Mn |
| Dec 31, 2012 | 51.72 Mn |
| Dec 31, 2011 | 49.90 Mn |
| Dec 31, 2010 | 48.45 Mn |