The9 Fixed Asset Turnover from 2010 to 2024

NCTY Stock  USD 11.06  0.50  4.73%   
The9 Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, The9 Fixed Asset Turnover regression line of annual values had r-squared of  0.01 and arithmetic mean of  1.51. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.7692924
Current Value
2.79
Quarterly Volatility
0.99854287
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check The9 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among The9's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 29.2 M or Selling General Administrative of 166.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0128 or PTB Ratio of 0.13. The9 financial statements analysis is a perfect complement when working with The9 Valuation or Volatility modules.
  
Check out the analysis of The9 Correlation against competitors.

Latest The9's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of The9 Ltd ADR over the last few years. It is The9's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in The9's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

The9 Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.51
Geometric Mean0.98
Coefficient Of Variation65.96
Mean Deviation0.81
Median1.76
Standard Deviation1.00
Sample Variance1.00
Range3.4975
R-Value(0.1)
Mean Square Error1.06
R-Squared0.01
Significance0.73
Slope(0.02)
Total Sum of Squares13.96

The9 Fixed Asset Turnover History

2024 2.79
2022 0.77
2021 0.76
2020 0.1
2019 0.0326
2018 1.0
2017 3.53

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in The9. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.77  2.79 

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Additional Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.