The9 Ltd Adr Stock Today
| NCTY Stock | USD 6.72 0.21 3.23% |
Performance5 of 100
| Odds Of DistressLess than 35
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The9 is trading at 6.72 as of the 25th of April 2024; that is 3.23 percent increase since the beginning of the trading day. The stock's open price was 6.51. The9 has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for The9 Ltd ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 15th of December 2004 | Category Financial Services | Classification Communication Services |
The9 Limited, together with its subsidiaries, operates as an Internet company in the Peoples Republic of China. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the Peoples Republic of China. The9 operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. The company has 5.58 M outstanding shares of which 65.2 K shares are now shorted by private and institutional investors with about 1.64 trading days to cover. More on The9 Ltd ADR
Follow Valuation Profit Patterns Odds of Bankruptcy
Report 6th of May 2024
The9 Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. The9's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding The9 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Co-Founder, Chairman and CEO | Jun Zhu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Interactive Home Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Toys, Tech Growth, Online Gaming, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from The9's financial statements, The9 Ltd ADR is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of The9 Ltd ADR is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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The9's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to The9's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand The9's financial leverage. It provides some insight into what part of The9's total assets is financed by creditors.
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The9 Ltd ADR (NCTY) is traded on NASDAQ Exchange in USA. It is located in No. 130 Wu Song Road, Shanghai, China, 200080 and employs 50 people. The9 is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate The9's market, we take the total number of its shares issued and multiply it by The9's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. The9 Ltd ADR conducts business under Entertainment sector and is part of Communication Services industry. The entity has 5.58 M outstanding shares of which 65.2 K shares are now shorted by private and institutional investors with about 1.64 trading days to cover.
The9 Ltd ADR currently holds about 429.22 M in cash with (46.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check The9 Probability Of Bankruptcy
Ownership AllocationThe9 maintains a total of 5.58 Million outstanding shares. About 98.0 % of The9 outstanding shares are held by general public with 1.5 (%) owned by insiders and only 0.47 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check The9 Ownership Details
The9 Stock Price Odds Analysis
Based on a normal probability distribution, the odds of The9 jumping above the current price in 90 days from now is roughly 2.76%. The The9 Ltd ADR probability density function shows the probability of The9 stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.2944. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, The9 will likely underperform. Additionally, the9 Ltd ADR has an alpha of 0.4066, implying that it can generate a 0.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of The9 to move above the current price in 90 days from now is roughly 2.76 (This The9 Ltd ADR probability density function shows the probability of The9 Stock to fall within a particular range of prices over 90 days) .
The9 Stock Institutional Holders
Institutional Holdings refers to the ownership stake in The9 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of The9's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing The9's value.| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2023-09-30 | 0.0 | |
| Renaissance Technologies Corp | 2023-09-30 | 0.0 | |
| Advisor Group Holdings, Inc. | 2023-09-30 | 0.0 | |
| Two Sigma Securities, Llc | 2023-09-30 | 0.0 | |
| Northwestern Mutual Wealth Management Co | 2023-09-30 | 0.0 | |
| Barclays Plc | 2023-12-31 | 7.6 K | |
| Group One Trading, Lp | 2023-12-31 | 1.3 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.1 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 520 | |
| Rhumbline Advisers | 2023-12-31 | 247 | |
| Hanson Mcclain Inc | 2023-09-30 | 0.0 |
The9 Historical Income Statement
The9 Ltd ADR Income Statement is one of the three primary financial statements used for reporting The9's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of The9 Ltd ADR revenue and expense. The9 Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, The9's Total Revenue is fairly stable compared to the past year. EBITDA is likely to rise to about 32.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 53.9 M in 2024. View More FundamentalsThe9 Stock Against Markets
Picking the right benchmark for The9 stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in The9 stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for The9 is critical whether you are bullish or bearish towards The9 Ltd ADR at a given time. Please also check how The9's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in The9 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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The9 Corporate Directors
The9 corporate directors refer to members of a The9 board of directors. The board of directors generally takes responsibility for the The9's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of The9's board members must vote for the resolution. The The9 board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Chao Wang | Independent Director | Profile | |
| KaKeung Yeung | Independent Director | Profile | |
| Cheung AuYeung | Director | Profile | |
| Kwok Chau | Independent Director | Profile |
How to buy The9 Stock?
Before investing in The9, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in The9. To buy The9 stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of The9. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase The9 stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The9 Ltd ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased The9 Ltd ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The9 Ltd ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy The9 Stock please use our How to Invest in The9 guide.
Already Invested in The9 Ltd ADR?
The danger of trading The9 Ltd ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of The9 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than The9. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile The9 Ltd ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether The9 Ltd ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of The9's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The9 Ltd Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The9 Ltd Adr Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary 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.
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Is The9's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of The9. If investors know The9 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about The9 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.80) | Revenue Per Share 53.136 | Quarterly Revenue Growth 0.286 | Return On Assets (0.20) | Return On Equity (1.38) |
The market value of The9 Ltd ADR is measured differently than its book value, which is the value of The9 that is recorded on the company's balance sheet. Investors also form their own opinion of The9's value that differs from its market value or its book value, called intrinsic value, which is The9's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because The9's market value can be influenced by many factors that don't directly affect The9's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between The9's value and its price as these two are different measures arrived at by different means. Investors typically determine if The9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The9's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.