THE9 LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.92 USD | +2.67% |
|
+13.82% | -7.61% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 163.2 | 290.2 | 203.6 | 885.3 | 92.18 | 241.1 |
| Enterprise Value (EV) 1 | 703.7 | 884.6 | 198.8 | 569.9 | 119.8 | 273 |
| P/E ratio | -0.57 x | -1.18 x | 0.32 x | -1.71 x | -0.1 x | 8.95 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 9.36 x | 850 x | 326 x | 6.52 x | 0.78 x | 1.35 x |
| EV / Revenue | 40.4 x | 2,590 x | 318 x | 4.19 x | 1.01 x | 1.52 x |
| EV / EBITDA | -6.31 x | -6.95 x | -1.78 x | -2.09 x | -0.23 x | -3.91 x |
| EV / FCF | -27.7 x | -30.7 x | 32 x | -1.01 x | -22.6 x | -1.74 x |
| FCF Yield | -3.61% | -3.26% | 3.12% | -99.3% | -4.43% | -57.5% |
| Price to Book | -0.3 x | -0.28 x | -0.71 x | 1.26 x | 2.48 x | 1.21 x |
| Nbr of stocks (in thousands) | 230 | 457 | 882 | 2,080 | 2,357 | 4,536 |
| Reference price 2 | 708.2 | 634.9 | 231.0 | 425.6 | 39.11 | 53.16 |
| Announcement Date | 4/29/19 | 4/30/20 | 3/29/21 | 5/2/22 | 5/1/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 17.43 | 0.3415 | 0.6255 | 135.9 | 118.9 | 179 |
| EBITDA 1 | -111.6 | -127.3 | -111.5 | -272.7 | -530.4 | -69.89 |
| EBIT 1 | -115.2 | -130 | -112 | -320.2 | -621.8 | -156.8 |
| Operating Margin | -661.08% | -38,080.38% | -17,905.03% | -235.63% | -522.98% | -87.55% |
| Earnings before Tax (EBT) 1 | -239.3 | -196.2 | 400.6 | -416.8 | -979.5 | -144.3 |
| Net income 1 | -258 | -190.6 | 396.7 | -411.2 | -974.9 | 20 |
| Net margin | -1,480.12% | -55,820.08% | 63,421.4% | -302.66% | -819.98% | 11.17% |
| EPS 2 | -1,246 | -537.4 | 726.0 | -249.1 | -406.1 | 5.936 |
| Free Cash Flow 1 | -25.39 | -28.8 | 6.21 | -566 | -5.303 | -157 |
| FCF margin | -145.65% | -8,434.26% | 992.86% | -416.56% | -4.46% | -87.66% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | 1.57% | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/29/19 | 4/30/20 | 3/29/21 | 5/2/22 | 5/1/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 541 | 594 | - | - | 27.6 | 31.9 |
| Net Cash position 1 | - | - | 4.84 | 315 | - | - |
| Leverage (Debt/EBITDA) | -4.844 x | -4.671 x | - | - | -0.0521 x | -0.4562 x |
| Free Cash Flow 1 | -25.4 | -28.8 | 6.21 | -566 | -5.3 | -157 |
| ROE (net income / shareholders' equity) | 38.6% | 24.1% | -65.5% | -187% | -248% | -138% |
| ROA (Net income/ Total Assets) | -29.5% | -47% | -60.9% | -29.5% | -40.7% | -20.4% |
| Assets 1 | 873.7 | 405.9 | -651.5 | 1,396 | 2,395 | -98.3 |
| Book Value Per Share 2 | -2,338 | -2,229 | -326.0 | 337.0 | 15.80 | 44.00 |
| Cash Flow per Share 2 | 14.00 | 26.90 | 35.90 | 186.0 | 20.20 | 9.650 |
| Capex 1 | 0.23 | 0.8 | 0.36 | 75.6 | 247 | 2.11 |
| Capex / Sales | 1.3% | 233.36% | 57.49% | 55.65% | 208.04% | 1.18% |
| Announcement Date | 4/29/19 | 4/30/20 | 3/29/21 | 5/2/22 | 5/1/23 | 4/15/24 |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -7.61% | 38.64M | |
| -17.28% | 5.2B | |
| +74.34% | 4.33B | |
| -1.34% | 3.64B | |
| -22.88% | 3.02B | |
| +8.96% | 1.31B | |
| -33.96% | 786M | |
| -35.60% | 754M | |
| +2.92% | 747M | |
| -30.39% | 698M |
- Stock Market
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- NCTY Stock
- Financials The9 Limited
