The9 - ADR Financials

$3.79

$-0.71 (-15.78%)

As on 09-Sep-2026 16:00EDT

Market cap

$72 Mln

Revenue (TTM)

$-- Mln

P/E Ratio

--

P/B Ratio

0.7

Div. Yield

0 %

Annual
Quarterly

Income Statement (CN¥ Mln)	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Operating Revenue	107.90	113.30	174.02	104.93	134.12	0.63
Cost of Revenue	106.09	114.92	213.15	152.31	86.89	0.77
Gross Profit	1.81	-1.63	-39.13	-47.38	47.22	-0.19
Operating Expenses	249.57	161.19	200.46	614.15	313.00	-336.90
Operating Profit (EBIT)	-247.76	-162.81	-239.59	-661.53	-265.78	336.71
Other Income	--	--	--	--	--	--
Profit before Tax	-408.81	-74.69	-144.26	-693.41	-411.43	400.60
Provision for Tax	0.11	1.12	50.72	398.52	70.72	7.17
Profit after Tax (Net Income)	-402.45	-74.46	-138.79	-974.86	-405.91	397.88
Minority Interest	6.47	0.22	7.43	4.63	5.59	-30.68
Consolidated Profit	--	--	--	-974.86	-974.86	396.69

Liabilities (CN¥ Mln)	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Shareholder's Funds	263.75	441.29	206.27	45.31	776.47	-287.72
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	7.82	3.53	19.53	7.41	2.57	351.51
Current Liabilities	343.62	205.61	162.85	564.16	544.30	364.37
Total Liabilities	594.13	636.64	363.73	599.11	1,310.32	48.44

Assets (CN¥ Mln)	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Non-Current Assets	251.47	392.96	140.93	201.43	259.81	6.13
Current Assets	342.66	243.69	222.80	397.67	1,050.51	42.32
Total Assets	594.13	636.64	363.73	599.11	1,310.32	48.44
Total Debt*	234.78	136.61	75.10	74.18	99.72	26.85
Net Current Assets	-0.96	38.08	59.94	-166.49	506.22	-322.06

Cashflow (CN¥ Mln)	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Cash From Operating Activities	-30.89	-44.20	-46.32	-154.74	-687.69	-106.25
Cash Flow from Investing Activities	1.72	-57.02	4.73	-248.79	-141.08	438.26
Cash from Financing Activities	75.69	69.77	32.20	33.03	1,226.64	-310.69
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Adjusted EPS (CN¥)	-70.23	-17.52	-47.22	-1.13	-361.13	564.85
Cash EPS (CN¥)	-67.59	-3.06	-17.67	-1.03	-318.93	565.49
Adjusted Book Value (CN¥)	46.03	103.81	70.18	0.05	690.81	--
Dividend per Share (CN¥)	--	--	--	--	--	--
Cash Flow per Share (CN¥)	-5.39	-10.40	-15.76	-0.18	-611.82	-150.84
Free Cash Flow per Share (CN¥)	-5.64	-14.63	-16.48	-0.47	-693.69	-151.35

Profitability Ratios	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
ROCE (%)	-74.77	-17.33	-69.24	-195.82	-131.93	-160.63
ROE (%)	-114.16	-23.00	-110.33	-237.26	-166.10	-70.62
ROA (%)	-65.40	-14.89	-28.83	-102.11	-59.75	346.14
EBIT Margin (%)	-356.79	-143.70	-137.68	-440.87	-198.17	-17,905.03
Net Margin (%)	-372.99	-65.72	-79.75	-929.07	-302.66	63,611.67
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Revenue Growth (%)	-0.05	-0.35	0.66	-0.22	213.42	0.84
EBIT Growth (%)	-136.45	32.05	48.21	-74.05	-137.32	13.67
Net Profit Growth (%)	-440.45	46.35	85.76	-140.17	-202.02	309.29
EPS Growth (%)	-3.01	0.63	-40.71	1.00	-1.64	382.89
Book Value Growth (%)	--	--	--	--	--	--

Solvency Ratios	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Debt to Equity	0.89	0.31	0.36	1.64	0.13	-0.09
Short term debt to equity ratio	0.86	0.31	0.27	1.47	0.13	-0.08
Current Ratio	1.00	1.19	1.37	0.70	1.93	0.12
Quick Ratio	--	--	0.86	0.23	1.07	0.11
Interest Coverage	-16.55	-4.76	-7.64	-19.82	-2.23	-27.52

Operating Efficiency Ratios	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15
Debtors to sales (%)	19.57	6.80	0.03	5.17	49.23	0.48
Asset Turnover	0.18	0.23	0.36	0.11	0.20	0.01
Receivable days	48.77	12.50	5.75	124.35	89.91	901.19
Inventory Days	--	263.52	300.53	883.70	994.14	32,864.07
Payable days	36.82	24.04	150.41	246.82	158.66	17,517.69
Cash Conversion Cycle	--	251.99	155.87	761.23	925.38	16,247.57