The9 Limited Working Capital

Working Capital of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Working Capital growth rates and interactive chart. Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable. Net operating working capital is a measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities. In many cases these calculations are the same and are derived from company cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. Working capital is a measure of a company's liquidity, operational efficiency and its short-term financial health. If a company has substantial positive working capital, then it should have the potential to invest and grow. If a company's current assets do not exceed its current liabilities, then it may have trouble growing or paying back creditors, or even go bankrupt.

Highlights and Quick Summary

  • Working Capital for the quarter ending June 29, 2021 was $99.7 Million (a -302.54% decrease compared to previous quarter)
  • Year-over-year quarterly Working Capital decreased by -176.89%
  • Annual Working Capital for 2020 was $-49.2 Million (a -62.04% decrease from previous year)
  • Annual Working Capital for 2019 was $-130 Million (a 1.74% increase from previous year)
  • Annual Working Capital for 2018 was $-128 Million (a 30.48% increase from previous year)
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Historical Working Capital of The9 Limited

Most recent Working Capitalof NCTY including historical data for past 10 years.

Interactive Chart of Working Capital of The9 Limited

The9 Limited Working Capital for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $99.74
2020 $-49.25 $-62.64 $-49.25
2019 $-129.72 $-138.27 $-129.72
2018 $-127.5 $-127.5
2017 $-97.72
2016 $-69.89
2015 $-54.14
2014 $-6.57
2013 $15.25 $36.03 $-18.51
2012 $55.68 $77.31 $97.97 $117.01 $55.68
2011 $136.19 $168.21 $187.45 $187.81 $136.19
2010 $188.66 $188.66

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 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.