The9 LTD
NCTY · XNASCIK 1296774fmd_1QP14P61W0BQRMK37JC5XK011QFinance, Insurance and Real Estate · Finance ServicesTemplate: Standard
Coverage: Jan 01, 2009 to Dec 31, 2025, 19 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 56 | 73 | 17 | 0 | 1 | 136 | 105 | 174 | 112 | 108 |
| Cost of revenue | 49 | 24 | 16 | 1 | 1 | 88 | 152 | 213 | 113 | 106 |
| Net interest income | – | – | – | – | – | – | – | – | – | – |
| Gross profit | 8 | 49 | 1 | (1) | (0) | 48 | (47) | (39) | (2) | 2 |
| Realized investment gains (losses) | (1) | 0 | 0 | 1 | 0 | 0 | 1 | 2 | (0) | – |
| Research and development | 78 | 45 | 25 | 13 | 2 | 2 | 2 | 2 | 1 | 10 |
| Selling, general and administrative | 150 | 118 | 92 | 116 | 109 | 291 | 363 | 199 | 158 | 240 |
| Total operating expenses | 307 | 163 | 106 | 163 | (337) | 355 | 614 | 279 | 57 | 283 |
| Operating income | (296) | (113) | (105) | (164) | 337 | (308) | (662) | (318) | (59) | (281) |
| Interest expense | 56 | 84 | 105 | 35 | 4 | 119 | 23 | 31 | 34 | 23 |
| Interest and investment income | 0 | 0 | 0 | 0 | 0 | – | – | – | – | 0 |
| Other non-operating income (expense) | 3 | 5 | 2 | 9 | 2 | (45) | 11 | 8 | (5) | 2 |
| Income before taxes | (563) | (170) | (235) | (193) | 403 | (391) | (693) | 13 | (74) | (409) |
| Income tax expense | (6) | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | (557) | (170) | (235) | (193) | 396 | (393) | (693) | (144) | (74) | (409) |
| Net income | (594) | (118) | (217) | (178) | 398 | (411) | (975) | 20 | (73) | (409) |
| Net income to common shareholders | (677) | (175) | (258) | (191) | 397 | (411) | (975) | 20 | (73) | (402) |