Gross Margin - The9 Ltd (NASDAQ:NCTY) - 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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Gross Margin
The9 Ltd

-18.4%
Current
-31%
Average
44.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-18.4%
=
Gross Profit
-32.8m
/
Revenue
179m

Gross Margin Across Competitors

Country CN
Market Cap 60.7m USD
Gross Margin
-18%
Country US
Market Cap 74.1B USD
Gross Margin
70%
Country JP
Market Cap 8.8T JPY
Gross Margin
57%
Country CN
Market Cap 49.9B USD
Gross Margin
63%
Country SG
Market Cap 47.1B USD
Gross Margin
42%
Country US
Market Cap 37.3B USD
Gross Margin
78%
Country US
Market Cap 29.4B USD
Gross Margin
77%
Country US
Market Cap 26.7B USD
Gross Margin
56%
Country JP
Market Cap 2.3T JPY
Gross Margin
64%
Country JP
Market Cap 1.9T JPY
Gross Margin
45%
Country KR
Market Cap 15.4T KRW
Gross Margin
0%

Profitability Report

View the profitability report to see the full profitability analysis for The9 Ltd.

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-18.4%
=
Gross Profit
-32.8m
/
Revenue
179m
What is the Gross Margin of The9 Ltd?

Based on The9 Ltd's most recent financial statements, the company has Gross Margin of -18.4%.