The9 Gross Profit vs Total Revenue Analysis

NCTY Stock  USD 11.10  0.04  0.36%   
The9 financial indicator trend analysis is much more than just breaking down The9 Ltd ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The9 Ltd ADR is a good investment. Please check the relationship between The9 Gross Profit and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The9 Ltd ADR Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between The9's Gross Profit and Total Revenue is -0.02. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of The9 Ltd ADR, assuming nothing else is changed. The correlation between historical values of The9's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of The9 Ltd ADR are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., The9's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of The9 Ltd ADR minus its cost of goods sold. It is profit before The9 operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts The9 Ltd ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from The9's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The9 Ltd ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 166.1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Interest Expense119.2M23.2M31.4M29.2M
Depreciation And Amortization47.4M91.4M86.9M55.6M

The9 fundamental ratios Correlations

-0.010.02-0.140.850.56-0.04-0.840.240.380.910.750.670.070.910.28-0.090.21-0.16-0.490.470.480.23-0.270.090.96
-0.010.330.75-0.42-0.440.820.310.060.560.060.150.17-0.370.050.35-0.57-0.4-0.360.55-0.24-0.37-0.140.73-0.57-0.09
0.020.330.8-0.40.230.450.35-0.510.18-0.13-0.15-0.110.3-0.13-0.030.160.58-0.50.50.450.140.540.750.020.06
-0.140.750.8-0.61-0.140.750.54-0.370.29-0.17-0.23-0.070.07-0.18-0.06-0.10.16-0.440.720.18-0.10.260.97-0.24-0.1
0.85-0.42-0.4-0.610.55-0.43-0.940.310.120.810.640.560.130.810.170.080.120.09-0.760.340.480.09-0.710.280.83
0.56-0.440.23-0.140.55-0.45-0.35-0.42-0.20.260.260.110.510.26-0.220.560.8-0.17-0.650.870.780.73-0.330.780.62
-0.040.820.450.75-0.43-0.450.26-0.030.560.06-0.040.13-0.190.060.2-0.36-0.27-0.440.68-0.16-0.36-0.040.78-0.55-0.06
-0.840.310.350.54-0.94-0.350.26-0.49-0.26-0.9-0.62-0.670.03-0.9-0.240.11-0.02-0.10.59-0.17-0.270.040.59-0.01-0.82
0.240.06-0.51-0.370.31-0.42-0.03-0.490.320.450.280.34-0.760.450.4-0.78-0.530.64-0.16-0.41-0.32-0.81-0.32-0.690.17
0.380.560.180.290.12-0.20.56-0.260.320.390.50.22-0.420.390.68-0.53-0.33-0.410.21-0.12-0.11-0.110.28-0.620.25
0.910.06-0.13-0.170.810.260.06-0.90.450.390.630.81-0.021.00.26-0.24-0.05-0.03-0.330.20.24-0.01-0.24-0.140.9
0.750.15-0.15-0.230.640.26-0.04-0.620.280.50.630.47-0.210.630.64-0.35-0.12-0.29-0.440.030.090.0-0.32-0.090.55
0.670.17-0.11-0.070.560.110.13-0.670.340.220.810.47-0.090.810.01-0.25-0.08-0.05-0.210.030.02-0.04-0.12-0.120.66
0.07-0.370.30.070.130.51-0.190.03-0.76-0.42-0.02-0.21-0.09-0.02-0.430.890.52-0.380.020.490.480.720.060.740.22
0.910.05-0.13-0.180.810.260.06-0.90.450.391.00.630.81-0.020.26-0.24-0.05-0.02-0.330.20.24-0.02-0.24-0.140.9
0.280.35-0.03-0.060.17-0.220.2-0.240.40.680.260.640.01-0.430.26-0.61-0.41-0.21-0.01-0.35-0.31-0.24-0.05-0.540.07
-0.09-0.570.16-0.10.080.56-0.360.11-0.78-0.53-0.24-0.35-0.250.89-0.24-0.610.61-0.27-0.150.540.550.69-0.120.860.06
0.21-0.40.580.160.120.8-0.27-0.02-0.53-0.33-0.05-0.12-0.080.52-0.05-0.410.61-0.14-0.260.820.520.690.020.650.32
-0.16-0.36-0.5-0.440.09-0.17-0.44-0.10.64-0.41-0.03-0.29-0.05-0.38-0.02-0.21-0.27-0.14-0.26-0.11-0.07-0.64-0.4-0.14-0.08
-0.490.550.50.72-0.76-0.650.680.59-0.160.21-0.33-0.44-0.210.02-0.33-0.01-0.15-0.26-0.26-0.35-0.43-0.10.87-0.52-0.46
0.47-0.240.450.180.340.87-0.16-0.17-0.41-0.120.20.030.030.490.2-0.350.540.82-0.11-0.350.850.640.010.630.6
0.48-0.370.14-0.10.480.78-0.36-0.27-0.32-0.110.240.090.020.480.24-0.310.550.52-0.07-0.430.850.52-0.220.620.6
0.23-0.140.540.260.090.73-0.040.04-0.81-0.11-0.010.0-0.040.72-0.02-0.240.690.69-0.64-0.10.640.520.150.670.29
-0.270.730.750.97-0.71-0.330.780.59-0.320.28-0.24-0.32-0.120.06-0.24-0.05-0.120.02-0.40.870.01-0.220.15-0.35-0.24
0.09-0.570.02-0.240.280.78-0.55-0.01-0.69-0.62-0.14-0.09-0.120.74-0.14-0.540.860.65-0.14-0.520.630.620.67-0.350.2
0.96-0.090.06-0.10.830.62-0.06-0.820.170.250.90.550.660.220.90.070.060.32-0.08-0.460.60.60.29-0.240.2
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The9 Account Relationship Matchups

The9 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets181.5M48.4M1.3B599.1M363.7M345.5M
Short Long Term Debt Total541.3M6.3M99.7M74.2M75.1M71.3M
Other Current Liab389.0M323.7M405.7M475.1M94.2M89.5M
Total Current Liabilities1.1B364.4M544.3M564.2M162.9M154.7M
Total Stockholder Equity(839.0M)(287.7M)776.5M45.3M206.3M394.4M
Property Plant And Equipment Net10.5M6.1M179.3M154.9M101.2M67.5M
Current Deferred Revenue95.8M38.0M19.0M17.7M12.7M12.1M
Net Debt531.2M(25.4M)(328.7M)16.1M29.9M31.4M
Retained Earnings(3.4B)(3.0B)(3.4B)(4.4B)(4.4B)(4.1B)
Accounts Payable38.2M35.6M39.9M7.1M9.6M9.1M
Cash10.1M31.7M428.4M58.1M45.2M43.0M
Non Current Assets Total27.0M6.1M259.8M201.4M140.9M241.0M
Cash And Short Term Investments10.1M31.7M429.2M58.1M45.2M43.0M
Net Receivables869.2K6.7M3.7M151.4K56.1K53.3K
Common Stock Total Equity3.3M6.5M8.0M18.1M20.8M21.9M
Common Stock Shares Outstanding3.5M5.5M16.5M24.0M3.4M3.3M
Liabilities And Stockholders Equity181.5M48.4M1.3B599.1M363.7M345.5M
Non Current Liabilities Total355.3M351.5M2.6M7.4M19.5M18.6M
Inventory134.6M27.7K469.1M267.8M82.9M90.5M
Other Current Assets8.8M9.9M617.6M71.6M177.5M186.4M
Other Stockholder Equity2.5B2.7B4.1B4.4B4.5B2.3B
Total Liab1.4B715.9M546.9M571.6M182.4M173.3M
Property Plant And Equipment Gross10.5M6.1M238.1M292.8M293.5M308.2M
Total Current Assets154.5M42.3M1.1B397.7M222.8M211.7M
Accumulated Other Comprehensive Income24.3M(9.4M)(5.4M)(5.2M)(4.4M)(4.2M)
Short Term Debt535.1M3.8M97.2M80.2M57.6M54.7M
Common Stock8.0M18.1M46.2M57.6M96.3M101.1M
Property Plant Equipment17.4M10.5M6.1M154.9M178.1M187.1M
Net Tangible Assets(774.2M)(839.0M)(287.7M)45.3M40.8M42.8M
Long Term Investments10M0.073.9M35.3M35.3M34.0M
Capital Lease Obligations9.7M6.3M6.9M13.2M7.2M4.7M
Short Long Term Debt487.7M531.7M92.8M61.0M51.2M48.6M

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