The9 Ltd (ADR) (OQ:NCTY)
Business Focus: N/A
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Latest 10 SEC Form 4 filings for NCTY*US within the last 6 months
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Company News
Apr 15, 2024 22:37 ET
The9 Limited Achieved 66% Increase in Net Revenues and Turned Net Loss into Net Income for the Year Ended December 31, 2023
SHANGHAI, April 15, 2024 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an established Internet company, today announced it filed its annual report on Form 20-F for the year ended December 31, 2023 with the United States Securities and Exchange Commission ("SEC"). The annual report, which contains The9's audited financial statements, can be assessed on the SEC's website at http://www.sec.gov as well as on the Investor Relations section of The9's website at http://www.the9.com.
Apr 15, 2024 06:00 ET
A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born
SHANGHAI, April 15, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its investee WM Therapeutics Co., Ltd. (未名脑脑) ("WM Therapeutics") has achieved revolutionary breakthroughs in the proprietarily developed research and development of antidepressant drug precision treatment. WM Therapeutics' GenAI multi-dimensional omics drug clinical research technology has made significant progress in new clinical trial, bringing new hope to depression patients.
Valuation Ratios
Industry
Sector
Beta
1.95
--
--
Price to Sales - TTM
1.36
5.24
2.62
Price to Book - most recent quarter
--
1.46
1.97
Price to Cash Flow per share - TTM
--
10.07
13.69
Price to Free Cash Flow per share - TTM
--
12.58
25.00
Business Summary
| Sector: Technology | Industry: N/A |
The9 Ltd is a China-based holding company principally engaged in the Internet game business. The Company's main businesses are the operation and development of mobile phones and computer games. The Company offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. The Company's main products include Legend of Immortals, The World of Kings, CrossFire and others. The Company is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The Company conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.
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