The9 Limited R&D Expenses

R&D Expenses of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.


Highlights and Quick Summary

  • R&D Expenses for the quarter ending June 29, 2021 was $161 Thousand (a -53.14% decrease compared to previous quarter)
  • Year-over-year quarterly R&D Expenses decreased by -74.54%
  • Annual R&D Expenses for 2020 was $353 Thousand (a -79.94% decrease from previous year)
  • Annual R&D Expenses for 2019 was $1.76 Million (a -52.56% decrease from previous year)
  • Annual R&D Expenses for 2018 was $3.71 Million (a -44.41% decrease from previous year)
  • Twelve month R&D Expenses ending June 29, 2021 was $1.26 Million (a -46.95% decrease compared to previous quarter)
  • Twelve month trailing R&D Expenses decreased by -90.56% year-over-year
Trailing R&D Expenses for the last four month:
29 Jun '21 30 Dec '20 29 Jun '20 30 Dec '19
$1.26 Million $2.38 Million $3.84 Million $13.4 Million
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Historical R&D Expenses of The9 Limited

Most recent R&D Expensesof NCTY including historical data for past 10 years.

Interactive Chart of R&D Expenses of The9 Limited

The9 Limited R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $0.16
2020 $0.34 $0.13 $0.35
2019 $0.63 $1.28 $1.76
2018 $1.8 $3.71
2017 $6.68
2016 $11.74
2015 $20.85
2014 $25.18
2013 $9.64 $8.72 $35.23
2012 $11.49 $13.68 $12.32 $10.9 $48.39
2011 $11.25 $9.08 $7.28 $6.1 $33.7
2010 $5.57 $21.13

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.