The9 Limited American Depository Shares representing three class A ordinary shares (NCTY) — Analysis Summary
The9 Limited American Depository Shares representing three class A ordinary shares (NCTY) has a market cap of $71.78M with year-over-year revenue growth of -3.1%. Net margin stands at -379.0%. The stock trades at a P/E ratio of -1.3.
Key Takeaways
- Revenue changed -3.1% year-over-year
- Net margin of -379.0%
- P/E ratio of -1.3
Compared with its sector, NCTY posted revenue growth of -3.1% and trades at a P/E of -1.3.
The9 Limited American Depository Shares representing three class A ordinary shares (NCTY)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Interest coverage at -12.1x — earnings do not cover interest payments
Operating margin at -260.5% — severe operating losses
Net margin at -379.0% — losses exceed revenue (possible one-time charges)
Current ratio at 1.00x — current liabilities exceed current assets
The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.
Employees
44
Exchange
XNAS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
N/A
Dividend Yield
N/A
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.