NCTY Balance Sheet - The9 Ltd - Alpha Spread

The9 Ltd
NASDAQ:NCTY

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The9 Ltd
NASDAQ:NCTY
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Price: 6.75 USD -2.88% Market Closed
Market Cap: 60.7m USD
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Balance Sheet

Balance Sheet Decomposition
The9 Ltd

Current Assets 222.8m
Cash & Short-Term Investments 45.2m
Receivables 6.9m
Other Current Assets 170.6m
Non-Current Assets 140.9m
Long-Term Investments 35.3m
PP&E 101.2m
Other Non-Current Assets 4.4m
Current Liabilities 162.9m
Accounts Payable 21.3m
Accrued Liabilities 50.3m
Other Current Liabilities 91.3m
Non-Current Liabilities -5.4m
Long-Term Debt 16.7m
Other Non-Current Liabilities -22.1m

Balance Sheet
The9 Ltd

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Balance Sheet
Currency: CNY
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
182
49
39
143
4
10
32
428
58
45
Cash Equivalents
182
49
39
143
4
10
32
428
58
45
Short-Term Investments
0
0
0
0
0
0
0
1
0
0
Total Receivables
63
21
32
9
10
7
7
66
5
7
Accounts Receivables
13
7
9
3
1
0
0
4
0
0
Other Receivables
50
14
23
7
10
7
7
62
5
7
Other Current Assets
12
7
17
31
19
138
4
555
334
171
Total Current Assets
256
77
88
183
33
155
42
1 051
398
223
PP&E Net
36
34
27
21
17
11
6
179
155
101
PP&E Gross
36
34
27
21
17
11
6
179
155
101
Accumulated Depreciation
207
205
200
176
176
104
21
59
138
192
Intangible Assets
168
147
66
65
63
0
0
0
0
0
Goodwill
10
10
0
0
0
0
0
0
0
0
Note Receivable
8
0
0
0
0
0
0
0
0
0
Long-Term Investments
39
268
163
48
45
10
0
74
35
35
Other Long-Term Assets
1
2
7
7
7
7
0
7
11
4
Other Assets
10
10
0
0
0
0
0
0
0
0
Total Assets
517
N/A
538
+4%
351
-35%
323
-8%
165
-49%
182
+10%
48
-73%
1 310
+2 607%
599
-54%
364
-39%
Liabilities
Accounts Payable
47
119
144
126
110
113
66
64
187
21
Accrued Liabilities
43
36
93
95
100
103
89
112
71
49
Short-Term Debt
0
0
108
109
113
118
0
0
0
0
Current Portion of Long-Term Debt
0
0
0
261
375
414
0
93
61
50
Other Current Liabilities
207
273
229
229
211
311
210
276
245
43
Total Current Liabilities
297
428
574
819
908
1 058
364
544
564
163
Long-Term Debt
0
167
232
0
0
0
0
0
0
17
Deferred Income Tax
5
6
0
0
0
0
0
0
0
0
Minority Interest
98
135
116
23
32
44
31
13
18
25
Other Liabilities
19
0
0
0
0
6
3
3
7
3
Total Liabilities
419
N/A
736
+75%
691
-6%
797
+15%
876
+10%
1 021
+16%
336
-67%
534
+59%
554
+4%
157
-72%
Equity
Common Stock
2
2
2
3
7
8
18
46
58
96
Retained Earnings
1 971
2 276
2 870
2 988
3 205
3 383
2 985
3 396
4 371
4 349
Additional Paid In Capital
2 076
2 080
2 526
2 527
2 496
2 540
2 696
4 139
4 371
4 471
Other Equity
9
3
3
16
9
4
17
13
13
12
Total Equity
98
N/A
197
N/A
340
-72%
474
-40%
712
-50%
839
-18%
288
+66%
777
N/A
45
-94%
206
+355%
Total Liabilities & Equity
517
N/A
538
+4%
351
-35%
323
-8%
165
-49%
182
+10%
48
-73%
1 310
+2 607%
599
-54%
364
-39%
Shares Outstanding
Common Shares Outstanding
0
0
0
0
1
113
260
691
861
1 405

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