The9 Limited (NCTY) quarterly balance sheet — complete assets, liabilities & equity history
The9 Limited (NCTY) balance sheet — 25-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 | Q4'15 |
|---|
| Total Current Assets | 857.33M | 243.69M | 251.32M | 222.8M | 159.41M | 393.43M | 536.22M | 1.05B | 1.09B | 42.32M | 80.58M | 154.47M | 31.8M | 33.01M | 110.23M | 183.11M | 48.96M | 88.04M | 59.55M | 77.26M |
| Cash & Short-Term Investments | 12.72M | 10.91M | 14.25M | 45.22M | 20.91M | 58.06M | 74.89M | 429.22M | 839.2M | 31.7M | 57.94M | 10.11M | 2.09M | 4.26M | 53.02M | 142.62M | 3.44M | 38.88M | 21.93M | 49.01M |
| Cash Only | 12.72M | 10.91M | 14.25M | 45.22M | 20.91M | 58.06M | 74.89M | 428.42M | 839.2M | 31.7M | 57.94M | 10.11M | 2.09M | 4.26M | 53.02M | 142.62M | 3.44M | 38.88M | 21.93M | 49.01M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 9.03M | 7.7M | 745K | 56.07K | 94K | 94K | 3.2M | 66.02M | 2.98K | 2.98K | 532.96K | 3.08M | 318.61K | 318.61K | 3.38M | 3.38M | 3.19M | 8.61M | 6.42M | 7.15M |
| Days Sales Outstanding | 43.19 | 19.3 | 0.39 | 0.08 | 0.09 | 2.4 | 69 | 301.35 | 0 | 153.06 | 353.09 | 1.76K | 114.27 | 24.16 | 28.37 | 5.27 | 34.58 | 20.04 | 26.51 | 67.3 |
| Inventory | 0 | 0 | 0 | 0 | 262K | 267.84M | 420.66M | 469.15M | 153.23M | 3.87M | 353.5K | 134.64M | 16.19M | 18.66M | 25.42M | 28.77M | 8.85M | 9.09M | 2.45M | 0 |
| Days Inventory Outstanding | - | - | - | - | 115.71 | 318.79 | 715.14 | 572.93 | 103.68 | 557.38 | 13.11K | 5.72K | 13.65K | 248.67 | 284.4 | 125.77 | 82.61 | 25.32 | 7.76 | - |
| Other Current Assets | 835.57M | 206.13M | 235.33M | 177.52M | 138.4M | 67.4M | 458.12M | 86.12M | 255.39M | 6.74M | 22.1M | 6.63M | 29.4M | 9.78M | 53.83M | 39.6M | 42.33M | 40.55M | 31.2M | 21.09M |
| Total Non-Current Assets | 135.75M | 392.96M | 416.43M | 140.93M | 193.34M | 201.43M | 240.62M | 259.81M | 212.96M | 6.13M | 14.32M | 26.99M | 163.48M | 131.67M | 138.69M | 140M | 252.25M | 262.85M | 336.85M | 460.84M |
| Property, Plant & Equipment | 25.11M | 20.83M | 69.26M | 101.2M | 142.22M | 154.91M | 173.23M | 179.34M | 177.96M | 6.13M | 7.8M | 10.48M | 16.66M | 17.35M | 82.4M | 20.72M | 23.8M | 26.77M | 30.57M | 33.85M |
| Fixed Asset Turnover | 0.77x | 0.44x | 1.09x | 0.67x | 0.65x | 0.38x | 0.26x | 0.06x | 1.37x | 0.02x | 0.05x | 0.01x | 0.01x | 0.14x | 0.21x | 2.56x | 0.62x | 1.19x | 0.73x | 0.32x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.34M |
| Intangible Assets | 2.22M | 9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.63M | 62.59M | 63.55M | 64.51M | 65.47M | 66.43M | 67.39M | 147.23M |
| Long-Term Investments | 88.92M | 297.22M | 300.87M | 35.29M | 39.94M | 35.3M | 32.13M | 73.92M | 34.99M | 0 | 0 | 10M | 44.3M | 45.22M | 49.78M | 48.24M | 156.33M | 163.04M | 230.44M | 267.54M |
| Other Non-Current Assets | 19.51M | 65.9M | 46.29M | 4.44M | 11.17M | 11.23M | 35.26M | 6.55M | 0 | 0 | 6.52M | 6.52M | 40.89M | 6.52M | 6.52M | 6.52M | 6.65M | 6.62M | 8.45M | 1.88M |
| Total Assets | 993.08M | 636.64M | 667.75M | 363.73M | 352.75M | 599.11M | 776.84M | 1.31B | 1.31B | 48.44M | 94.9M | 181.46M | 195.29M | 164.69M | 248.93M | 323.11M | 301.22M | 350.89M | 396.4M | 538.09M |
| Asset Turnover | 0.02x | 0.03x | 0.18x | 0.23x | 0.20x | 0.09x | 0.04x | 0.01x | 0.19x | 0.00x | 0.00x | 0.00x | 0.00x | 0.03x | 0.04x | 0.18x | 0.05x | 0.09x | 0.05x | 0.02x |
| Asset Growth % | - | 75.03% | 89.3% | -39.29% | -54.59% | -54.28% | -40.59% | 2604.96% | 1277.87% | -73.3% | -51.41% | 10.18% | -21.55% | -49.03% | -17.36% | -7.92% | -24.01% | -34.79% | -2.71% | 4.01% |
| Total Current Liabilities | 334.05M | 205.61M | 205.13M | 162.85M | 530.57M | 564.16M | 467.75M | 544.3M | 450.11M | 364.37M | 523.71M | 1.06B | 981.45M | 908.42M | 846.01M | 819.45M | 567.97M | 573.75M | 454.8M | 427.97M |
| Accounts Payable | 19.53M | 5.53M | 8.79M | 9.6M | 9.16M | 7.15M | 27.59M | 39.9M | 1.05M | 35.6M | 38.64M | 38.23M | 37.77M | 38.04M | 36.72M | 37.13M | 37.07M | 37.04M | 42.51M | 41.25M |
| Days Payables Outstanding | 88.04 | 22.77 | 9.79 | 8.06 | 7.04 | 16.08 | 54.23 | 37.69 | 24.18 | 9.79K | 7.46K | 2.88K | 29.69K | 421.74 | 387.57 | 248.07 | 341.42 | 174.59 | 132.69 | 110.37 |
| Short-Term Debt | 202.24M | 132.16M | 101.23M | 51.19M | 82.39M | 60.98M | 63.62M | 92.85M | 63.04M | 73.74M | 123.21M | 594.85M | 538.82M | 544.82M | 422.79M | 444.51M | 80.07M | 132.72M | 24.99M | 0 |
| Deferred Revenue (Current) | 0 | 10.8M | 11.89M | 12.71M | 17.97M | 17.75M | 20.03M | 18.98M | 15.53M | 38.01M | 39.73M | 95.8M | 39.14M | 39.79M | 47.51M | 53.13M | 42.51M | 42.63M | 41.47M | 38.16M |
| Other Current Liabilities | 52.34M | 6.75M | 10.66M | 86.23M | 370.77M | 456.14M | 253.28M | 295.32M | 309.67M | 190.36M | 170M | 292.42M | 263.18M | 248.44M | 251.86M | 254.89M | 320.28M | 319.96M | 311.34M | 309.03M |
| Current Ratio | 2.57x | 1.19x | 1.23x | 1.37x | 0.30x | 0.70x | 1.15x | 1.93x | 2.43x | 0.12x | 0.15x | 0.15x | 0.03x | 0.04x | 0.13x | 0.22x | 0.09x | 0.15x | 0.13x | 0.18x |
| Quick Ratio | 2.57x | 1.19x | 1.23x | 1.37x | 0.30x | 0.22x | 0.25x | 1.07x | 2.09x | 0.11x | 0.15x | 0.02x | 0.02x | 0.02x | 0.10x | 0.19x | 0.07x | 0.14x | 0.13x | 0.18x |
| Cash Conversion Cycle | - | - | - | - | 108.76 | 305.11 | 729.9 | 836.59 | 79.5 | -9.08K | 6K | 4.59K | -15.93K | -148.91 | -74.8 | -117.03 | -224.23 | -129.24 | -98.42 | - |
| Total Non-Current Liabilities | 78.22M | 3.53M | 26.24M | 19.53M | 7.2M | 7.41M | 3.1M | 2.57M | 1 | 351.51M | 353.26M | 355.3M | 349.05M | 341.07M | 326.23M | 306.01M | 268.44M | 232.43M | 206.22M | 172.6M |
| Long-Term Debt | 0 | 0 | 16.75M | 16.75M | 2.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 268.44M | 232.43M | 200.41M | 166.91M |
| Capital Lease Obligations | 5.52M | 1.6M | 1.78M | 2.79M | 4.52M | 7.41M | 3.1M | 2.57M | 0 | 2.46M | 4.21M | 6.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 72.7M | 1.92M | 7.72M | 0 | 0 | 0 | 0 | 0 | 0 | 349.05M | 349.05M | 349.05M | 349.05M | 341.07M | 0 | 306.01M | 0 | 0 | 5.81M | 5.69M |
| Total Liabilities | 412.26M | 209.13M | 231.37M | 182.39M | 537.77M | 571.57M | 470.85M | 546.86M | 450.11M | 715.88M | 876.97M | 1.41B | 1.33B | 1.25B | 1.17B | 1.13B | 836.41M | 806.18M | 661.02M | 600.57M |
| Total Debt | 212.06M | 136.61M | 124.54M | 75.1M | 94.51M | 74.18M | 67.62M | 99.72M | 67.53M | 6.25M | 130.57M | 604.51M | 538.82M | 538.82M | 422.79M | 422.79M | 348.51M | 348.51M | 225.4M | 166.91M |
| Net Debt | 199.33M | 125.7M | 110.29M | 29.88M | 73.6M | 16.12M | -7.27M | -328.7M | -771.68M | -25.44M | 72.62M | 594.4M | 536.73M | 483.46M | 369.77M | 226.68M | 345.07M | 301.07M | 203.47M | 117.9M |
| Debt / Equity | 0.37x | 0.32x | 0.29x | 0.41x | - | 2.69x | 0.22x | 0.13x | 0.08x | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | 19.54x | - | - | - | - | - | 1.75x | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | 7.78x | - | - | - | - | - | -7.12x | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -3.94x | -7.70x | -3.55x | -38.00x | -67.55x | -268.96x | -0.01x | -6.93x | -0.00x | -15.38x | -4.94x | -2.52x | -1.42x | -0.81x | -0.53x | -1.85x | -4.94x | -11.84x | - |
| Total Equity | 580.82M | 427.51M | 436.38M | 181.34M | -185.02M | 27.54M | 305.99M | 763.46M | 857.45M | -667.44M | -782.07M | -1.23B | -1.14B | -1.08B | -923.31M | -802.35M | -535.19M | -455.28M | -264.62M | -62.47M |
| Equity Growth % | - | 135.75% | 335.85% | 558.49% | -160.47% | -96.39% | -64.31% | 214.39% | 209.64% | 45.82% | 31.11% | -13.56% | -22.95% | -35.2% | -72.52% | -76.23% | -102.25% | -628.79% | -501.5% | -131.81% |
| Book Value per Share | 55.05 | 83.76 | 102.65 | 47.72 | -62.95 | 10.45 | 141.20 | 350.53 | 762.86 | -947.52 | -2024.76 | -2875.40 | -4040.69 | -4116.57 | -6131.90 | -5605.98 | -6713.55 | -5712.18 | -3330.37 | -805.38 |
| Total Shareholders' Equity | 603.81M | 441.29M | 463.94M | 206.27M | -163.65M | 45.31M | 322.29M | 776.47M | 868.32M | -287.72M | -386.89M | -839.04M | -753.09M | -711.62M | -564.41M | -473.8M | -448.79M | -339.62M | -124.27M | -197.36M |
| Common Stock | 327.19M | 365.61M | 305.56M | 96.32M | 64.11M | 57.6M | 50.66M | 46.18M | 39.01M | 18.1M | 11.5M | 7.97M | 6.92M | 6.5M | 3.56M | 3.33M | 1.93M | 1.93M | 1.93M | 1.92M |
| Retained Earnings | -4.45B | -4.43B | -4.36B | -4.36B | -4.65B | -4.38B | -3.98B | -3.4B | -3.12B | -2.99B | -3.03B | -3.41B | -3.25B | -3.23B | -3.09B | -3.02B | -2.98B | -2.87B | -2.68B | -2.3B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -11.93M | -4.56M | -4.57M | -4.42M | -11.44M | -5.2M | -4.13M | -5.37M | -4.13M | -9.35M | -4.77M | 24.29M | -9.81M | 18.87M | 14.27M | 11.63M | -587.05K | -587.05K | 3.89M | 24.7M |
| Minority Interest | -23M | -13.78M | -27.55M | -24.94M | -21.37M | -17.77M | -16.3M | -13.02M | -10.87M | -379.72M | -395.18M | -392.88M | -382.12M | -373.19M | -358.9M | -328.55M | -86.4M | -115.67M | -140.35M | 134.89M |