NCTY · The9 LTD · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD/shares | -$0.03 | -$0.01 | — | -$2.00 | -$1.30 | — | — | — | — | — | — | — | — | — | — | — |
| USD/shares | -$0.03 | -$0.01 | — | -$2.00 | -$1.30 | — | — | — | — | — | — | — | — | — | — | — |
| shares | 2.27B | 1.4B | 1.01B | 720.24K | 495.3M | 16.36M | 10.64M | 6.21M | 334.26K | 238.74K | 232.36K | 231.65K | 231.75K | 244.94K | 249.56K | 251.22K |
| shares | 2.27B | 1.4B | 1.01B | 720.24K | 495.3M | 16.36M | 10.64M | 6.21M | 334.26K | 238.74K | 232.36K | 231.65K | 231.75K | 244.94K | 249.56K | 251.22K |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Convertible notes payable, including current maturities | 2025-12-31 | CNY 48,152,000 | 20-F filed 2026-04-16 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Current portion of convertible notes payable | 2025-12-31 | USD 6,886,000 | 20-F filed 2026-04-16 |
| Operating lease liabilities | 2025-12-31 | CNY 12,004,000 | 20-F filed 2026-04-16 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2025-12-31 | USD 1,717,000 | 20-F filed 2026-04-16 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2025-12-31 | CNY 174,476,000 | 20-F filed 2026-04-16 |
| Short-term borrowings | 2025-12-31 | USD 24,950,000 | 20-F filed 2026-04-16 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cryptocurrency Mining | 56,352,000 | 110,739,000 | 168,324,000 | 97,857,000 | 134,122,954 | — |
| Online Game Services Items | 51,546,000 | 975,000 | 5,721,000 | 7,072,000 | — | — |
| Corporate And Other | — | — | — | — | 1,453,369 | — |
| Corporate | — | — | — | — | — | 625,488 |
By Geography (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Asia and Eastern Europe | 64,394,000 | 102,955,000 | 134,304,000 | 38,700,000 | 134,122,954 | — | — |
| China | 35,431,000 | 289,000 | 428,000 | 655,000 | 1,278,918 | 625,488 | 182,107 |
| North America | 8,073,000 | 8,470,000 | 39,313,000 | 65,574,000 | 174,451 | — | — |
| Other Areas | — | — | — | — | — | — | 159,388 |
By Product & Service (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cryptocurrency Mining Revenue | 56,352,000 | 110,739,000 | 168,324,000 | 97,857,000 | 134,122,954 | — | — |
| Online Game Services and Other Services | — | 975,000 | 5,721,000 | 7,072,000 | 1,453,369 | 625,488 | 343,077 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (CNY)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cryptocurrency Mining | -65,345,000 | 57,716,000 | -163,289,000 | -387,868,000 | -67,252,412 | — |
| Online Game Services Items | -215,769,000 | -116,480,000 | -154,464,000 | — | — | — |
| Corporate and Reconciling Items | — | — | — | -273,664,000 | — | — |
| Corporate And Other | — | — | — | — | -240,411,116 | — |
| Corporate | — | — | — | — | — | 336,708,307 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cryptocurrency Mining | -116% | 52.1% | -97% | -396.4% | -50.1% | — |
| Online Game Services Items | -418.6% | -11946.7% | -2699.9% | — | — | — |
| Corporate And Other | — | — | — | — | -16541.6% | — |
| Corporate | — | — | — | — | — | 53831.3% |