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Upturn AI SWOT - About
NCTY 
The9 Ltd ADR (NCTY)
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Upturn Advisory Summary
08/28/2025: NCTY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 4.13% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 107.44M USD | Price to earnings Ratio - | 1Y Target Price 3.5 |
Price to earnings Ratio - | 1Y Target Price 3.5 | ||
Volume (30-day avg) - | Beta 1.82 | 52 Weeks Range 5.75 - 20.59 | Updated Date 06/29/2025 |
52 Weeks Range 5.75 - 20.59 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -2.09 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -65.73% | Operating Margin (TTM) 7.04% |
Management Effectiveness
Return on Assets (TTM) -6.43% | Return on Equity (TTM) -29.1% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 125211026 | Price to Sales(TTM) 0.96 |
Enterprise Value 125211026 | Price to Sales(TTM) 0.96 | ||
Enterprise Value to Revenue 8.03 | Enterprise Value to EBITDA 38.74 | Shares Outstanding 13850400 | Shares Floating 843236674 |
Shares Outstanding 13850400 | Shares Floating 843236674 | ||
Percent Insiders 6.36 | Percent Institutions 2.53 |
Upturn AI SWOT
The9 Ltd ADR
Company Overview
History and Background
The9 Ltd was established in 1999, initially focusing on developing online games in China. It gained prominence by operating popular games like World of Warcraft before transitioning to new business areas including blockchain and electric vehicle (EV) development.
Core Business Areas
- Blockchain: Involved in cryptocurrency mining, blockchain technology research and development, and potential applications of blockchain in various sectors.
- Electric Vehicles: Focused on the development, manufacturing, and sales of electric vehicles.
- Game Development and Operation: Retains some presence in game development and operation although significantly reduced compared to its earlier years.
Leadership and Structure
The9 Ltd's leadership team consists of its CEO and other key executives overseeing the various business segments. The organizational structure reflects the diversification into blockchain and EV sectors.
Top Products and Market Share
Key Offerings
- Cryptocurrency Mining: The9's main current revenue driver. It is involved in purchasing and deploying crypto mining rigs. Market share data for individual companies in the crypto mining space are highly volatile and difficult to obtain precisely. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).
- Electric Vehicle (EV) Development: The9 is venturing into the EV sector, but current revenue generation from this segment is nascent. Competitors include Tesla (TSLA), NIO (NIO), and BYD (BYDDY).
Market Dynamics
Industry Overview
The cryptocurrency market is characterized by high volatility and regulatory uncertainty, but has a high ceiling for growth. The electric vehicle market is rapidly growing, driven by environmental concerns and technological advancements.
Positioning
The9 Ltd is positioning itself as a diversified technology company with exposure to high-growth sectors. It faces significant competition from established players in both the cryptocurrency mining and EV markets.
Total Addressable Market (TAM)
The total addressable market for the cryptocurrency and EV sectors is estimated to be in the trillions of dollars. The9 Ltd aims to capture a portion of these markets through its mining operations and EV development, although its current position is relatively small compared to the TAM.
Upturn SWOT Analysis
Strengths
- Diversification into high-growth sectors
- Experienced management team
- Established infrastructure in China
Weaknesses
- Limited track record in new business areas
- High reliance on volatile cryptocurrency market
- Lack of significant market share in EV sector
- History of changing business models
Opportunities
- Growing demand for cryptocurrencies
- Increasing adoption of electric vehicles
- Potential for strategic partnerships
- Government support for blockchain and EV technologies
Threats
- Regulatory risks in cryptocurrency market
- Intense competition in EV sector
- Technological obsolescence
- Economic downturn
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- TSLA
- NIO
- BYDDY
Competitive Landscape
The9 Ltd faces intense competition in both the cryptocurrency mining and EV markets. Its advantages include its experience in the Chinese market. However, its financial resources are much smaller than its competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been inconsistent due to shifts in business focus.
Future Projections: Future growth is dependent on the success of its blockchain and EV initiatives. Analyst estimates vary widely due to the high-risk nature of these ventures.
Recent Initiatives: Recent initiatives include expanding cryptocurrency mining operations and developing new EV models.
Summary
The9 Ltd is a diversified technology company with operations in blockchain and electric vehicles. Its transition from online gaming has been challenging. The company's success depends on navigating the volatile cryptocurrency market and establishing a foothold in the competitive EV sector. The company faces significant competition and regulatory uncertainties, but has the potential for growth if its strategic initiatives succeed.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Market Research Reports
- Financial News Articles
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Financial data and market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About The9 Ltd ADR
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2004-12-15 | Co-Founder, Chairman & CEO Mr. Jun Zhu | ||
Sector Financial Services | Industry Capital Markets | Full time employees 50 | Website https://www.the9.com |
Full time employees 50 | Website https://www.the9.com | ||
The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and databases, the development and update of computer software, and other related technical and consulting services. It also develops and operates mobile and computer games, as well as publishes and services MIR M, an online game. The company was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
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