NCTY — The9 Limited American Depository Shares representing three class A ordinary shares

XNAS

Price $4.37

Market Cap $85.1M

P/E —

52W Range $3.14 – $11.60

About The9 Limited American Depository Shares representing three class A ordinary shares

The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.

🤖 AI Earnings Analysis

The9 posted **76% revenue growth** to **$712K**, but the business remains tiny and deeply loss-making with a **-373% margin**. That makes the quarter more of a low-base rebound than durable operating improvement.

AI-generated summary — powered by BigEarnings.