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StockVS

NASDAQ · Capital Markets · USD

The9 Limited (NCTY) Stock Analysis

The9 Limited (NCTY) is a Capital Markets stock listed on NASDAQ and quoted in US Dollar.

NCTY

$4.69

−$0.11 (−2.29%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NCTY Key Statistics

As of Sep 4, 2026
Trading
Open
$4.78
Previous Close
$4.80
Day's Range
4.41–4.99
52-Week Range
3.14–11.60
Volume
219.40K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.09
Valuation
Market Cap
$71.63M
P/E Ratio
unprofitable
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
−0.27
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.13
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.88
Financials (FY)
Revenue (FY)
$107.90M−3.42%
Net Income (FY)
−$402.45M
Profit marginThe share of revenue left as profit after all costs and taxes.
69.50%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
15.27M
1-Year Return
−48.23%
Dividend and dates
Avg Volume
177.98K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NCTY Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−26.37%
2025−56.19%
2024+94.13%
2023+31.40%
2022−91.49%
2021+89.27%
2020−61.10%
2019−11.65%
2018−46.35%
2017−48.80%
2016 (partial year)−34.21%

As of September 4, 2026.

NCTY Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$107.90M−$402.45M−373.0%
2024$111.71M−$73.42M−65.7%
2023$174.05M$20.00M11.5%
2022$104.93M−$974.86M−929.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$107.90M$1.81M−$247.76M−$402.45M−373.0%
2024$111.71M−$1.60M−$160.54M−$73.42M−65.7%
2023$174.05M−$39.13M−$239.62M$20.00M11.5%
2022$104.93M−$47.38M−$413.24M−$974.86M−929.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NCTY Valuation vs Capital Markets Median

Median of 106 stocks
MetricNCTYCapital Markets medianvs median
P/S ratio1.132.8761% below
Profit margin69.50%0.00%69.5 pts above

Medians across 106 Capital Markets stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values The9 Limited (NCTY) at $71.63M. It is classified in the Capital Markets industry, within the Financial Services sector. The company reports 44 employees.

NCTY last closed at $4.69 on September 4, 2026. That is −$0.11 (−2.29%) against the previous close. The 52-week range on file runs from $3.14 to $11.60. The latest close sits 49.36% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $107.90M. Against the prior fiscal year total of $111.71M, that is a change of −3.42%. The same year closed with a net loss of $402.45M. The reported profit margin is 69.5%. That is 69.5 percentage points above the Capital Markets median of 0%. Trailing earnings per share are −0.88.

Across the 4 fiscal years on file, revenue moves from $104.93M in 2022 to $107.90M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The PEG ratio, which sets the P/E against expected earnings growth, reads −0.27. The price-to-sales ratio is 1.13. On price-to-sales that is 60.68% below the Capital Markets median of 2.87. The medians here are taken across 106 Capital Markets companies that report the metric.

Beta against the wider market is reported at 2.09. Annualized volatility over the trailing 10 years is 123.02%. Over the trailing twelve months the price has returned −48.23%. Measured over 10 years, that is −37.89% a year compounded.

Growth & Income

The record shows no dividend for NCTY.

Across the complete calendar years on file, 2024 returned +94.13% and 2022 returned −91.49%. Of the 9 complete calendar years on file, 3 finished higher. So far in 2026 the price is −26.37%.

Peer Comparison

The9 Limited (NCTY) operates in the Capital Markets industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
The9 Limited NCTY $71.63M —
Morgan Stanley MS $341.94B 17.5
The Goldman Sachs Group, Inc. GS $302.41B 16.0
The Charles Schwab Corporation SCHW $189.00B 19.9

The Capital Markets industry average P/E ratio is 16.4x. The9 Limited has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About The9 Limited

The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. It operates through Cryptocurrency Mining and Online game services segments. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and databases, the development and update of computer software, and other related technical and consulting services. It also develops and operates mobile and computer games, as well as publishes and services MIR M, an online game. The company was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.

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