The9

OverviewSuggest Edit

The9 is an operator and distributor of online games. It develops and operates proprietary mobile games including Cross Fire 2, Fashion Pop, Audition mobile, Q Jiang San Guo, and more. The company also provides blockchain services.
TypePublic
Founded2008
HQCN
Websitethe9.com

Latest Updates

Employees (est.) (Jun 2022)74(-29%)
Revenue (FY, 2021)¥135.9 M(+21640%)
Share Price (Jun 2022)$1.6(+14%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

The9 Office Locations

The9 has an office in
Show all (1)

The9 Financials and Metrics

The9 Revenue

The9's revenue was reported to be ¥135.88 m in FY, 2021
CNY

Revenue (FY, 2021)

135.9m

Gross profit (FY, 2021)

47.8m

Net income (FY, 2021)

(415.1m)

EBITDA (FY, 2021)

(221.8m)

EBIT (FY, 2021)

(361.4m)

Market capitalization (24-Jun-2022)

32.5m

Closing stock price (24-Jun-2022)

1.6

Cash (31-Dec-2021)

428.4m

EV

(303.0m)
The9's current market capitalization is $32.5 m.
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

17.4m341.0k625.0k135.9m

Cost of goods sold

(10.9m)(1.3m)(814.0k)(88.0m)

Gross profit

17.3m236.0k(162.0k)47.8m

R&D expense

(24.6m)(13.1m)(2.4m)(1.9m)
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

4.3m10.1m31.7m428.4m

Accounts Receivable

593.0k110.0k3.0k3.7m

Prepaid Expenses

20.1m15.7m5.7m469.2m
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(239.3m)(196.2m)393.4m(416.8m)

Depreciation and Amortization

5.6m4.2m448.0k47.4m

Accounts Payable

906.0k247.0k(2.6m)38.8m
CNYFY, 2018

EV/EBITDA

-5 x

EV/EBIT

-4.8 x

EV/CFO

-4.9 x
Show all financial metrics

The9 Revenue Breakdown

Embed Graph

The9 revenue breakdown by business segment: 100.0% from ONLINE GAME AND RELATED SERVICES

The9 revenue breakdown by geographic segment: 99.1% from OTHER AREAS and 0.9% from Other

The9 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

The9 Online and Social Media Presence

Embed Graph

The9 News and Updates

The9 Buys Data Center in Kyrgyzstan to Host 7,500 Antminers

The firm expects the 31.5 MW facility to be ready in July.

The9 Limited and SolarCoin, a Kyrgyzstan Cryptomining Company, Signed Contract on Purchase of Computing Center

SHANGHAI, May 11, 2022 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise SolarCoin LLC (hereinafter referred to as "SolarCoin") have signed a Purchase Agreement...

The9 Limited Filed Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI, May 6, 2022 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission ("SEC") on May 2, 2022. The annual report,...

The9 Limited Announces Results of Annual General Meeting and Class B Meeting

SHANGHAI, Dec. 22, 2021 /PRNewswire/ -- The9 Limited (the "Company") (Nasdaq : NCTY), an established Internet company, today announced that the following proposed resolutions submitted for shareholder approval have been duly adopted at its annual general meeting of shareholders and the...

The9 Limited to Hold Annual General Meeting on December 22, 2021

SHANGHAI, Nov. 24, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it will hold its annual general meeting of shareholders ("AGM") at the Company's business office, 17 Floor, No. 130 Wu Song Road, Hong Kou District,...

The9 Limited Announced Its NFTSTAR Signed Exclusive License Agreement with Soccer Star Neymar Jr for NFT Collections Development and Sales

SINGAPORE, Nov. 22, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established internet company, today announced that its NFT community and trading platform NFTSTAR has signed an exclusive license agreement with Neymar da Silva Santos Júnior, a world-renowned soccer player....
Show more

The9 Frequently Asked Questions

  • When was The9 founded?

    The9 was founded in 2008.

  • How many employees does The9 have?

    The9 has 74 employees.

  • What is The9 revenue?

    Latest The9 annual revenue is ¥135.9 m.

  • What is The9 revenue per employee?

    Latest The9 revenue per employee is ¥1.8 m.

  • Who are The9 competitors?

    Competitors of The9 include Sky Mavis, Swoops and Battlebound.

  • Where are The9 offices?

    The9 has an office in.

  • How many offices does The9 have?

    The9 has 1 office.