The9 LTD (NCTY) Return on equity 2021–2025
The9 LTD (NCTY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-214.2%FY2025 · since FY2021: -53.0% → -214.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -214.2% | -192.5 pp |
| FY2024 | -21.7% | -31.4 pp |
| FY2023 | 9.7% | +2161.3 pp |
| FY2022 | -2151.6% | -2098.6 pp |
| FY2021 | -53.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More NCTY financial trends
NCTY RevenueNCTY Net incomeNCTY Net marginNCTY Gross profitNCTY Gross marginNCTY Operating incomeNCTY Operating marginNCTY Operating cash flowNCTY Free cash flowNCTY Capital expendituresNCTY Stock buybacksNCTY Dividends paidNCTY Total assetsNCTY Total liabilitiesNCTY Shareholders’ equityNCTY overview →