The9 Limited Accrued Expenses

Accrued Expenses of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.


Highlights and Quick Summary

  • Accrued Expenses for the quarter ending June 29, 2021 was $10.8 Million (a -17.65% decrease compared to previous quarter)
  • Annual Accrued Expenses for 2020 was $12.8 Million (a -9.49% decrease from previous year)
  • Annual Accrued Expenses for 2019 was $14.2 Million (a 0.73% increase from previous year)
  • Annual Accrued Expenses for 2018 was $14 Million (a -1.93% decrease from previous year)
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Historical Accrued Expenses of The9 Limited

Most recent Accrued Expensesof NCTY including historical data for past 10 years.

Interactive Chart of Accrued Expenses of The9 Limited

The9 Limited Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $10.8
2020 $13.12 $12.81
2019 $14.94 $14.15
2018 $14.05
2017 $14.33
2016 $13.35

Business Profile of The9 Limited

Sector: Communication Services
Industry: Electronic Gaming & Multimedia
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. 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 People's Republic of China.