The9

The9 Debt

The Debt of The9 (NCTY) as of Oct 29, 2026 is 234.78 M CNY. In the previous year, Debt was 136.61 M CNY — a change of 71.87% (higher).

Debt

234.78 MCNY

YoY

71.87%

Last updated:

In 2025, The9's total debt was 234.78 M CNY, a 71.87% change from the 136.61 M CNY total debt recorded in the previous year.

The The9 Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2018
487.72 M CNY
Jan 1, 2019
604.51 M CNY
Jan 1, 2020
26.85 M CNY
Jan 1, 2021
99.72 M CNY
Jan 1, 2022
74.18 M CNY
Jan 1, 2023
75.10 M CNY
Jan 1, 2024
136.61 M CNY
Jan 1, 2025
234.78 M CNY
The The9 Debt history
YEARDebtYoY
234.78 MCNY+71.87%
136.61 MCNY+81.90%
75.10 MCNY+1.24%
74.18 MCNY-25.61%
99.72 MCNY+271.38%
26.85 MCNY-95.56%
604.51 MCNY+23.95%
487.72 MCNY+32.06%
369.31 MCNY+8.64%
339.94 MCNY+20.95%
281.06 MCNY+472.29%
49.11 MCNY—

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The9 Stock analysis

What does The9 do? The9 Ltd. generates revenue through developing and operating online and mobile games, including MMORPGs, MMOFPSs, Web games, social games, mobile games, and television games. The company offers its game titles such as Firefall and Song of Knights, with CrossFire 2 in development. It also operates Fun Box, a home entertainment set-top box enabling online video and games on television, and provides mobile advertising services via its Juzi platform under the wireless business unit. The9 targets college students in China for its smartphone application programming training services, which are part of its mobile application education business. The primary customers for The9's games are players of online and mobile gaming platforms, while its mobile advertising platform Juzi serves advertisers seeking mobile app promotion. Fun Box is sold to consumers interested in home entertainment solutions, and the training services are purchased by educational institutions in China for student programming courses. The company's revenue streams include game sales, advertising on Juzi, and training program fees. The9's business segments are online and mobile games, related services, Fun Box, mobile advertising, and mobile application education. The company's products include Firefall, Song of Knights, CrossFire 2, Fun Box, and the Juzi platform. Its key market is China, with a focus on mobile and online gaming audiences, mobile app developers, and educational institutions offering programming courses. The9 is one of the most popular companies on Eulerpool.

Debt Details

Understanding The9's Debt Structure

The9's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing The9's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to The9’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in The9’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about The9 stock

Debt of The9 is 234.78 M CNY in 2025.

Debt of The9 changed from 136.61 M CNY to 234.78 M CNY, representing a 71.87% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt The9 since 2006 – with annual values, charts, and detailed analysis.

Debt's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's The9 historically and in real time.

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Balance Sheet — The9

All Key Metrics — The9