The9 Ltd Adr Stock Today

NCTY Stock  USD 14.75  1.43  10.74%   

Performance

21 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
The9 is trading at 14.75 as of the 30th of November 2024; that is 10.74% increase since the beginning of the trading day. The stock's open price was 13.32. The9 has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for The9 Ltd ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
15th of December 2004
Category
Financial Services
Classification
Communication Services
The9 Limited, together with its subsidiaries, operates as an Internet company in the Peoples Republic of China. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the Peoples Republic of China. The9 operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. The company has 8.99 M outstanding shares of which 27.9 K shares are now shorted by private and institutional investors with about 0.22 trading days to cover. More on The9 Ltd ADR

Moving together with The9 Stock

Moving against The9 Stock

  0.67ADD Color Star TechnologyPairCorr
  0.62DLPN Dolphin EntertainmentPairCorr
  0.54DRCT Direct Digital HoldingsPairCorr
  0.43BATRA Atlanta Braves Holdings,PairCorr

The9 Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Co-Founder, Chairman and CEOJun Zhu
Thematic Ideas
(View all Themes)
Business ConcentrationInteractive Home Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Toys, Tech Growth, Online Gaming, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.4923
Notably Up
Slightly volatile
Total Current Liabilities154.7 M162.9 M
Notably Down
Pretty Stable
Non Current Liabilities Total18.6 M19.5 M
Notably Down
Very volatile
Total Assets345.5 M363.7 M
Notably Down
Pretty Stable
Total Current Assets211.7 M222.8 M
Notably Down
Pretty Stable
Debt Levels
The9 can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand The9's financial leverage. It provides some insight into what part of The9's total assets is financed by creditors.
Liquidity
The9 Ltd ADR currently holds 75.1 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. The9 Ltd ADR has a current ratio of 1.89, which is within standard range for the sector. Note, when we think about The9's use of debt, we should always consider it together with its cash and equity.

Net Income

13.21 Million
The9 Ltd ADR (NCTY) is traded on NASDAQ Exchange in USA. It is located in No. 130 Wu Song Road, Shanghai, China, 200080 and employs 50 people. The9 is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 132.56 M. The9 Ltd ADR conducts business under Entertainment sector and is part of Communication Services industry. The entity has 8.99 M outstanding shares of which 27.9 K shares are now shorted by private and institutional investors with about 0.22 trading days to cover. The9 Ltd ADR currently holds about 429.22 M in cash with (46.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check The9 Probability Of Bankruptcy
Ownership Allocation
The market capitalization of The9 is $132.56 Million. The9 Ltd ADR has 6.66 % of its outstanding shares held by insiders and 0.22 % owned by institutional holders. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check The9 Ownership Details

The9 Stock Institutional Holders

InstituionRecorded OnShares
Independent Advisor Alliance2024-06-30
13.8 K
Ubs Group Ag2024-06-30
4.8 K
Jpmorgan Chase & Co2024-06-30
1.2 K
Group One Trading, Lp2024-06-30
452
Advisor Group Holdings, Inc.2024-06-30
310
Rhumbline Advisers2024-06-30
247
Morgan Stanley - Brokerage Accounts2024-06-30
76.0
Ridgewood Investments Llc2024-09-30
50.0
Coppell Advisory Solutions Llc2024-06-30
30.0
Bank Of America Corp2024-06-30
10.0
Barclays Plc2024-06-30
0.0
View The9 Diagnostics

The9 Historical Income Statement

At this time, The9's Total Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 292.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 55.6 M in 2024. View More Fundamentals

The9 Stock Against Markets

Additional Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.