The9 Net Tangible Assets from 2010 to 2024

NCTY Stock  USD 15.25  0.65  4.45%   
The9 Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of The9 Ltd ADR minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2013-12-31
Previous Quarter
45.3 M
Current Value
45.3 M
Quarterly Volatility
444.9 M
 
Yuan Drop
 
Covid
Check The9 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among The9's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 29.2 M or Selling General Administrative of 166.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0128 or PTB Ratio of 0.13. The9 financial statements analysis is a perfect complement when working with The9 Valuation or Volatility modules.
  
Check out the analysis of The9 Correlation against competitors.

Latest The9's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of The9 Ltd ADR over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. The9's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in The9's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Pretty Stable
   Net Tangible Assets   
       Timeline  

The9 Net Tangible Assets Regression Statistics

Arithmetic Mean(169,194,051)
Coefficient Of Variation(189.04)
Mean Deviation266,580,809
Median40,778,283
Standard Deviation319,848,887
Sample Variance102303.3T
Range889.2M
R-Value(0.15)
Mean Square Error107841.3T
R-Squared0.02
Significance0.60
Slope(10,404,199)
Total Sum of Squares1432246.3T

The9 Net Tangible Assets History

202442.8 M
202340.8 M
202145.3 M
2020-287.7 M
2019-839 M
2018-774.2 M
2017-538.3 M

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in The9. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets40.8 M42.8 M

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Additional Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.