The9 (NCTY) Stock Price, News & Analysis

Company Overview

The9 Limited (NASDAQ: NCTY) is a Shanghai-based digital entertainment company primarily engaged in the licensing, development and operation of online and mobile games in mainland China. Since its founding in 1999, The9 has secured partnerships with leading international developers to bring popular massively multiplayer online role-playing games (MMORPGs) and mobile titles to Chinese gamers. Its principal activities encompass game publication, server operation, content localization and community management, allowing it to maintain a diversified portfolio of PC-based and mobile entertainment products.

Historically best known for securing the exclusive license to operate Blizzard Entertainment’s World of Warcraft in China, The9 has expanded its scope to include independent game development and co-development projects with domestic studios. In recent years, the company has placed increased emphasis on blockchain-based gaming platforms and virtual reality experiences, aiming to leverage emerging technologies to drive user engagement. Its mobile game lineup includes both casual and mid-core titles, supported by in-app purchase systems and live events to foster ongoing player retention.

Operating chiefly in the People’s Republic of China, The9 maintains strategic alliances with global technology firms and regional distributors to optimize server architecture, marketing reach and payment processing. The company’s content delivery network spans multiple data centers to ensure low latency and high availability for its online services. In addition, The9 has explored overseas expansion via publishing agreements in Southeast Asian markets and joint ventures targeting localized content for adjacent territories.

The9’s leadership team is headed by Chairman and Chief Executive Officer Shi Yuzhu, a veteran of China’s interactive entertainment industry, supported by a management group with expertise in technology operations, game design and monetization strategy. Together, they oversee a workforce comprising game developers, software engineers and customer support specialists, all dedicated to sustaining the company’s position in a highly competitive digital entertainment landscape.

Key Stats

• Today's Range: $9.32 to $9.88
• 50-Day Range: $7.48 to $12.30
• 52-Week Range: $5.75 to $20.59
• Volume: 42,884 shs
• Average Volume: 89,689 shs
• Market Capitalization: $119.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NCTY Stock Analysis - Frequently Asked Questions

How have NCTY shares performed this year?

The9's stock was trading at $14.54 on January 1st, 2025. Since then, NCTY shares have decreased by 33.4% and is now trading at $9.68.

When did The9's stock split?

The9's stock reverse split on the morning of Monday, October 2nd 2023.The 1-10 reverse split was announced on Monday, October 2nd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, October 2nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of The9?

Shares of NCTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of The9 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The9 investors own include Riot Platforms (RIOT), NVIDIA (NVDA), Tesla (TSLA), Marathon Digital (MARA), NIO (NIO), Meta Platforms (META) and FuelCell Energy (FCEL).

Company Calendar

• Today: 7/10/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET CONTENT
• Sub-Industry: Banking
• Current Symbol: NASDAQ:NCTY
• CIK: 1296774
• Web: www.the9.com
• Phone: 862161086080
• Fax: 86-21-5172-9903
• Employees: 70
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.19
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $15.31 million
• Price / Sales: 7.94
• Cash Flow: $0.21 per share
• Price / Cash Flow: 47.48
• Book Value: $3.57 per share
• Price / Book: 2.73

Miscellaneous

• Outstanding Shares: 12,460,000
• Free Float: 8,625,000
• Market Cap: $121.55 million
• Optionable: No Data
• Beta: 1.72