The9 Ltd
NASDAQ:NCTY

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The9 Ltd
NASDAQ:NCTY
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Price: 5.3 USD 1.34% Market Closed
Market Cap: $71.7m

Gross Margin

-0.9%
Current
Improving
by 13.7%
vs 3-y average of -14.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-0.9%
=
Gross Profit
¥-1m
/
Revenue
¥112m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-0.9%
=
Gross Profit
$-1m
/
Revenue
¥112m

Peer Comparison

Country Company Market Cap Gross
Margin
CN
The9 Ltd
NASDAQ:NCTY
71.7m USD
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US
Activision Blizzard Inc
LSE:0H8X
74.1B USD
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CN
NetEase Inc
NASDAQ:NTES
70.4B USD
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JP
Nintendo Co Ltd
TSE:7974
10.7T JPY
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US
Electronic Arts Inc
NASDAQ:EA
50.5B USD
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SG
Sea Ltd
NYSE:SE
46.3B USD
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US
Roblox Corp
NYSE:RBLX
37.1B USD
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US
Take-Two Interactive Software Inc
NASDAQ:TTWO
35.1B USD
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CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
122B CNY
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JP
Konami Holdings Corp
TSE:9766
2.7T JPY
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JP
Nexon Co Ltd
TSE:3659
2.4T JPY
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Market Distribution

Lower than 95% of companies in China
Percentile
5th
Based on 8 314 companies
5th percentile
-0.9%
Low
-2 148% — 14.3%
Typical Range
14.3% — 34.6%
High
34.6% — 775.2%
Distribution Statistics
China
Min -2 148%
30th Percentile 14.3%
Median 23%
70th Percentile 34.6%
Max 775.2%

The9 Ltd
Glance View

Market Cap
71.7m USD
Industry
Media

The9 Ltd. engages in the operation of online games. The company is headquartered in Shanghai, Shanghai and currently employs 47 full-time employees. The company went IPO on 2004-12-16. The firm's main businesses are the operation and development of mobile phones and computer games. The firm offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. The firm's main products include Legend of Immortals, The World of Kings, CrossFire and others. The firm is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The firm conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.

NCTY Intrinsic Value
LOCKED
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-0.9%
=
Gross Profit
¥-1m
/
Revenue
¥112m
What is The9 Ltd's current Gross Margin?

The current Gross Margin for The9 Ltd is -0.9%, which is above its 3-year median of -14.6%.

How has Gross Margin changed over time?

Over the last 3 years, The9 Ltd’s Gross Margin has increased from -24% to -0.9%. During this period, it reached a low of -55.3% on Dec 31, 2022 and a high of -0.9% on Jan 31, 2025.

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