The9 (NCTY) Income Statement: Revenue & Earnings

The9 Income Statement Analysis

Revenue, earnings, and profit margins in millions CNY

Scale:

Scroll to see more

The9 Limited income statement - Annual data in millions CNY
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	111.71	174.05	104.93	135.58	0.63
Cost of Revenue	113.32	213.18	152.31	87.80	0.81
Gross Profit	-1.60	-39.13	-47.38	47.78	-0.19
Operating Expenses
Research & Development	0.86	1.97	2.43	1.92	2.44
Selling, General & Administrative	158.08	198.52	363.43	290.99	109.39
Operating Expenses	49.86	200.49	413.62	343.80	111.81
Operating Income	-51.47	-239.62	-461.00	-296.02	-111.99
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.43
Interest Expense	-34.22	31.38	-23.34	-119.17	-4.07
Other Income/Expense	39.16	126.73	15.55	13.76	-18.36
Income
Income Before Tax	-73.64	-144.28	-693.41	-392.69	400.60
Income Tax Expense	1.12	0.00	0.00	0.00	7.17
Net Income	-73.42	20.00	-974.86	-411.23	397.88
Net Income - Continuous Operations	-73.42	-144.28	-693.41	-392.69	0.00
Net Income - Discontinued Operations	0.00	156.85	-286.09	-24.13	0.00
EBITDA	10.00	-26.03	-369.62	-248.59	-111.55
EBIT	-51.47	-112.90	-461.00	-296.02	-111.99
Depreciation & Amortization	61.46	86.87	91.38	47.44	0.45
Earnings Per Share
Basic EPS	-16.00	6.00	-406.00	-249.00	727.00
Diluted EPS	-16.00	6.00	-406.00	-249.00	727.00
Basic Shares Outstanding	4.68	3.37	2.40	1.65	0.55
Diluted Shares Outstanding	4.68	3.37	2.40	1.65	0.55