Companies: 10,795·Total market cap: $144.5T
The9 Limited

The9 Limited

NCTYNASDAQTechnology● Active
$4.72
+$0.03(+0.69%)
Market Cap$22087425
P/E Ratio—
52W High$11.6
52W Low$4.35
Cash on HandFinancialsRevenue

The9 Limited (NCTY) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

NCTY · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$310.9M▲ +2749.4% vs prior year
FY · as of Dec 31, 2025 · Reported in CNY
Cash & Cash Equiv. (CCE)
$58.5M
cashAndCashEquivalents
Short-Term Investments
$252.4M
shortTermInvestments
YoY Change vs Prior Year
+2749.4%
vs prior fiscal year
Latest Quarter
$310.9M
Q4 2025
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CNY

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$310.9MCash on Hand
Total Debt$234.8MTotal Debt
Net Cash / Net Debt+$76.1MNet Cash Position
Cash vs Debt Ratio
Cash 57%Debt 43%

The9 Limited has a net cash position of $76.1M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$310.9M − $234.8M = +$76.1M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
NCTY annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$310.9M+2749.4%
Dec 31, 2024$10.9M-75.9%
Dec 31, 2023$45.2M-22.1%
Dec 31, 2022$58.1M-86.5%
Dec 31, 2021$429.2M+1254.2%
NCTY cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Technology Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$3.13T140.3%#2
Microsoft Corporation
Microsoft Corporation
MSFT
$94.56B3.1%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$62.56B1.2%#4
Apple Inc.
Apple Inc.
AAPL
$54.70B1.2%
#5
The9 Limited
The9 LimitedYOU
NCTY
$310.9M1405.3%
Technology sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

The9 Limited (NCTY) cash on hand as of December 31, 2025 is $310.9M, comprising $58.5M in cash and cash equivalents (CCE) plus $252.4M in short-term investments — reported as The9 Limited cash and short-term investments on the balance sheet (10-K filing). Also referred to as The9 Limited cash reserves or cash position.

The9 Limited annual cash on hand history shows increased +2749.4% in 2025: increased +2749.4% in 2025. The9 Limited cash reserves in 2025 reflect the company's capital allocation strategy.

The9 Limited carries total debt of $234.8M against cash of $310.9M, resulting in a net cash position of +$76.1M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

NCTY cash on hand · 5 questions

As of December 31, 2025, The9 Limited (NCTY) has $310,892,842 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $58,526,243 in cash and cash equivalents (CCE) plus $252,366,599 in short-term investments. Latest quarter (December 31, 2025): $310,892,842. Data sourced from the annual 10-K filing via FMP.

NCTY cash on handNCTY cash reservesNCTY cash 2025how much cash does NCTY have

▸ Source: FMP /balance-sheet-statement · US GAAP · The9 Limited · The9 Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025