The9 (NCTY) - Net assets

Net assets on the balance sheet as of December 2023 : $25.65 M

According to The9's latest financial reports the company has $25.65 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The9 - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$3.99 M	-96.67%
2021-12-31	$$0.11 B	-345.43%
2020-12-31	$-$48.82 M	-72.32%
2019-12-31	$-$0.18 B	11.8%
2018-12-31	$-$0.16 B	27.9%
2017-12-31	$-$0.13 B	21.98%
2016-12-31	$-$0.11 B	948.94%
2015-12-31	$-$9.64 M	-130.39%
2014-12-31	$$31.71 M	0.95%
2013-12-31	$$31.41 M	-73.85%
2012-12-31	$$0.12 B	-39.67%
2011-12-31	$$0.19 B	-14.21%
2010-12-31	$$0.23 B	-21.24%
2009-12-31	$$0.29 B	-26.14%
2008-12-31	$$0.39 B	3.74%
2007-12-31	$$0.38 B	124.94%
2006-12-31	$$0.17 B	46.43%
2005-12-31	$$0.11 B	10.03%
2004-12-31	$$0.10 B	-7034.95%
2003-12-31	$-$1.54 M	-78.33%
2002-12-31	$-$7.07 M	93.93%
2001-12-31	$-$3.65 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NetEase NTES	$18.49 B	71,975.20%	🇨🇳 China
GigaMedia GIGM	$42.26 M	64.75%	🇹🇼 Taiwan
International Game Technology IGT	$1.87 B	7,216.63%	🇬🇧 UK
OpenText OTEX	$4.19 B	16,270.53%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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