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