The9 Ltd is a China-based holding company principally engaged in the Internet game business. The Company's main businesses are the operation and development of mobile phones and computer games. The Company offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. The Company's main products include Legend of Immortals, The World of Kings, CrossFire and others. The Company is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The Company conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.
Growing
The company is in a growing phase, with the latest annual income totaling USD 15.30M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD 10.06M.%!(EXTRA int=2)
Overvalued
The company’s latest PB is 0.28, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 1.24M shares, increasing 17.84% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 32.81K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.43.