NCTY Stock Analysis

NCTY -  USA Stock  

USD 16.50  2.25  12.00%

The big decline in price over the last few months for The9may encourage investors to take a closer look at the company as it is trading at a share price of 16.50 on 1,849,100 in trading volume. The company management teams failed to add value to investors and positioning the company supply of money to exploit market volatility in May. However, diversifying your holdings with The9 or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 9.96. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the The9 partners.
Additionally, see Stocks Correlation.

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The The9 stock analysis report makes it easy to digest most publicly released information about The9 and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. NCTY stock analysis module also helps to analyze the The9 price relationship with some important fundamental indicators such as market cap and management efficiency.

NCTY Stock Analysis Notes

The company recorded earning per share (EPS) of 11.21. The9 next dividend is scheduled to be issued on the 29th of January 2009. The entity had 1-10 split on the 19th of October 2020. The9 Limited, together with its subsidiaries, operates and develops online games 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. It employs 105 people. To find out more about The9 contact Jun Zhu at 86 21 6108 6080 or learn more at http://www.the9.com.

The9 Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. The9's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding The9 or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The9 generates negative expected return over the last 90 days
The9 has high historical volatility and very poor performance
The9 has high likelihood to experience some financial distress in the next 2 years
The company currently holds 26.85 M in liabilities. The9 has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The9 currently holds about 31.7 M in cash with (106.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.69.
The9 has a poor financial position based on the latest SEC disclosures
Latest headline from www.equities.com: The9 Limited - ADR falls -1.5050 percent for June 16 - Equities.com

The9 SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. The9 prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that The9 investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial The9 specific information freely available to individual and institutional investors to make a timely investment decision.
17th of May 2021
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26th of April 2021
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15th of April 2021
Unclassified Corporate Event
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12th of April 2021
Other Events. Unclassified Corporate Event
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7th of April 2021
Other Events
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1st of April 2021
Other Events
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31st of March 2021
Other Events
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30th of March 2021
Other Events
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NCTY Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as The9 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The9 backward and forwards among themselves. The9's institutional investor refers to the entity that pools money to purchase The9's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Cvi Holdings LlcCommon Shares223.9 KM
Susquehanna International Group LlpPut Options172.4 K5.4 M
Susquehanna International Group LlpCall Options139.8 K4.4 M
Hudson Bay Capital Management LpCommon Shares131 K4.1 M
Susquehanna International Group LlpCommon Shares101.9 K3.2 M
Carmignac GestionCommon Shares72.2 K2.3 M
Point72 Asset Management LpCommon Shares61.9 K1.9 M
Millennium Management LlcCommon Shares58.9 K1.8 M
Virtu Financial LlcCommon Shares39.3 K1.2 M
Note, although The9's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NCTY Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 267.85 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 these looking for more risk prefer small-cap and mid-cap equities.

NCTY Profitablity

The9's profitability indicators refer to fundamental financial ratios that showcase The9's ability to generate income relative to its revenue or operating costs. If, let's say, The9 is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, The9's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of The9's profitability requires more research than a typical breakdown of The9's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets 3.46  3.73 
Return on Average Equity(0.71) (0.72) 
Return on Invested Capital(1.19) (1.28) 
Return on Sales 654.08  705.72 

Management Efficiency

The entity has return on total asset (ROA) of (60.89) % which means that it has lost $60.89 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 0.24 %, meaning that it created $0.24 on every $100 dollars invested by stockholders. The9 management efficiency ratios could be used to measure how well the9 manages its routine affairs as well as how well it operates its assets and liabilities. The9 Return on Average Assets are fairly stable at the moment as compared to the past year. The9 reported Return on Average Assets of 3.46 in 2020. Return on Sales is likely to rise to 705.72 in 2021, whereas Return on Average Equity is likely to drop (0.72)  in 2021. Total Assets is likely to rise to about 49.7 M in 2021. Current Assets is likely to rise to about 43.4 M in 2021
Last ReportedProjected for 2021
Book Value per Share(52.76) (54.15) 
Enterprise Value over EBIT 2.00  2.16 
Enterprise Value over EBITDA 1.68  1.81 
Price to Book Value(0.62) (0.63) 
Tangible Assets Book Value per Share 8.88  9.12 
Enterprise Value105.1 M113.4 M
Tangible Asset Value48.4 M49.7 M

Technical Drivers

As of the 19th of June, The9 has the coefficient of variation of (824.10), and Risk Adjusted Performance of (0.07). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of The9, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for The9, which can be compared to its competition. Please validate The9 semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if The9 is priced more or less accurately, providing market reflects its prevalent price of 16.5 per share. Given that The9 has jensen alpha of (1.17), we advise you to double-check The9's current market performance to make sure the company can sustain itself at a future point.

The9 Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Mid-point over period is an average of The9 highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period overlap studies indicator.

The9 Predictive Daily Indicators

The9 intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of The9 stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

The9 Forecast Models

The9 time-series forecasting models is one of many The9's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary The9's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About The9 Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how The9 stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NCTY shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as The9. By using and applying NCTY Stock analysis, traders can create a robust methodology for identifying NCTY entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin(5.61) (6.05) 
Gross Margin(0.30) (0.31) 
Profit Margin(11.21) (11.51) 
The9 Limited, together with its subsidiaries, operates and develops online games in the Peoples Republic of China. The company offers multiplayer online games, mobile games, and TV games. It also develops CrossFire New Mobile Game. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the Peoples Republic of China.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding The9 to your portfolios without increasing risk or reducing expected return.

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Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Additionally, see Stocks Correlation. Note that the The9 information on this page should be used as a complementary analysis to other The9's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running The9 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 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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The market value of The9 is measured differently than its book value, which is the value of NCTY 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 underlying business (such as 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 The9 value 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.