The9 Return On Assets from 2010 to 2024

NCTY Stock  USD 11.06  0.50  4.73%   
The9 Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit The9 Ltd ADR earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.05499653
Current Value
0.0577
Quarterly Volatility
2.40304035
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of The9 Ltd ADR over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. The9's Return On Assets 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.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

The9 Return On Assets Regression Statistics

Arithmetic Mean(0.13)
Geometric Mean0.54
Coefficient Of Variation(1,852)
Mean Deviation1.16
Median(0.46)
Standard Deviation2.40
Sample Variance5.77
Range10.5138
R-Value0.16
Mean Square Error6.06
R-Squared0.03
Significance0.57
Slope0.09
Total Sum of Squares80.84

The9 Return On Assets History

2024 0.0577
2023 0.055
2022 -2.3
2020 8.21
2019 -1.22
2018 -1.32
2017 -0.37

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9's Return On Assets, 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
Return On Assets 0.05  0.06 

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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.