The9 Ltd - Understand $ncty stock

$NCTY Market Cap: $133.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$291.5M

TTM

Gross Margin

-35.87%

TTM

Net Earnings

-$954.9M

TTM

Current Assets

$31.38M

Q4 2023

Current Liabilities

$22.94M

Q4 2023

Current Ratio

136.81%

Q4 2023

Total Assets

$51.23M

Q4 2023

Total Liabilities

$25.69M

Q4 2023

Book Value

$25.54M

Q4 2023

Cash

$6.369M

Q4 2023

P/E

-0.1399

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$25.22M	$17.24M	$135.9M	$600.0K	$300.0K	$17.40M	$73.10M	$56.20M	$46.40M	$64.30M	$104.8M	$154.4M	$106.4M	$102.8M	$760.5M	$1.712B	$1.280B	$985.8M	$465.0M	$34.70M	$16.40M	$3.100M	$5.200M
YoY Change	46.3%	-87.31%	22545.86%	100.0%	-98.28%	-76.2%	30.07%	21.12%	-27.84%	-38.65%	-32.12%	45.11%	3.5%	-86.48%	-55.57%	33.75%	29.8%	112.0%	1240.06%	111.59%	429.03%	-40.38%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$25.22M	$17.24M	$135.9M	$600.0K	$300.0K	$17.40M	$73.10M	$56.20M	$46.40M	$64.30M	$104.8M	$154.4M	$106.4M	$102.8M	$760.5M	$1.712B	$1.280B	$985.8M	$465.0M	$34.70M	$16.40M	$3.100M	$5.200M
Cost Of Revenue	$29.85M	$26.77M	$88.03M	$800.0K	$1.300M	$16.40M	$23.80M	$48.50M	$67.70M	$85.80M	$107.8M	$69.40M	$39.10M	$103.3M	$712.5M	$997.9M	$700.0M	$524.0M	$240.4M	$9.100M	$6.500M	$3.700M	$3.400M
Gross Profit	-$4.627M	-$9.531M	$47.84M	-$200.0K	-$1.000M	$1.000M	$49.40M	$7.700M	-$21.30M	-$21.50M	-$3.000M	$85.00M	$67.30M	-$400.0K	$48.00M	$713.5M	$579.6M	$461.8M	$224.6M	$25.60M	$9.900M	-$600.0K	$1.800M
Gross Profit Margin	-18.35%	-55.29%	35.21%	-33.33%	-333.33%	5.75%	67.58%	13.7%	-45.91%	-33.44%	-2.86%	55.05%	63.25%	-0.39%	6.31%	41.69%	45.3%	46.85%	48.3%	73.78%	60.37%	-19.35%	34.62%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Selling, General & Admin	$28.85M	$71.76M	$315.2M	$109.4M	$116.0M	$91.90M	$117.9M	$150.3M	$171.9M	$162.9M	$278.6M	$357.4M	$265.2M	$176.0M	$337.6M	$423.0M	$283.6M	$160.0M	$118.5M	$26.30M	$13.10M	$9.300M	$10.60M
YoY Change	-59.8%	-77.23%	188.11%	-5.69%	26.22%	-22.05%	-21.56%	-12.57%	5.52%	-41.53%	-22.05%	34.77%	50.68%	-47.87%	-20.19%	49.15%	77.25%	35.02%	350.57%	100.76%	40.86%	-12.26%
% of Gross Profit			658.84%			9190.0%	238.66%	1951.95%				420.47%	394.06%		703.33%	59.29%	48.93%	34.65%	52.76%	102.73%	132.32%		588.89%
Research & Development	$277.5K	$352.7K	$1.918M	$2.400M	$13.10M	$24.60M	$45.10M	$78.00M	$135.0M	$156.3M	$213.2M	$301.5M	$212.1M	$139.4M	$114.4M	$73.80M	$41.40M	$30.80M	$40.60M	$9.000M	$2.800M	$9.700M	$6.700M
YoY Change	-21.33%	-81.6%	-20.1%	-81.68%	-46.75%	-45.45%	-42.18%	-42.22%	-13.63%	-26.69%	-29.29%	42.15%	52.15%	21.85%	55.01%	78.26%	34.42%	-24.14%	351.11%	221.43%	-71.13%	44.78%
% of Gross Profit			4.01%			2460.0%	91.3%	1012.99%				354.71%	315.16%		238.33%	10.34%	7.14%	6.67%	18.08%	35.16%	28.28%		372.22%
Depreciation & Amortization	$86.87M	$91.40M	$47.44M	$400.0K	$4.200M	$5.600M	$7.200M	$19.40M	$32.70M	$46.50M	$43.90M	$32.90M	$18.80M	$35.80M	$174.4M	$298.6M	$212.0M	$166.5M	$73.30M	$3.600M	$3.400M	$3.900M	$3.400M
YoY Change	-4.96%	92.68%	11758.86%	-90.48%	-25.0%	-22.22%	-62.89%	-40.67%	-29.68%	5.92%	33.43%	75.0%	-47.49%	-79.47%	-41.59%	40.85%	27.33%	127.15%	1936.11%	5.88%	-12.82%	14.71%
% of Gross Profit			99.15%			560.0%	14.57%	251.95%				38.71%	27.93%		363.33%	41.85%	36.58%	36.05%	32.64%	14.06%	34.34%		188.89%
Operating Expenses	$40.13M	$129.9M	$317.1M	$111.8M	$129.1M	$116.3M	$162.7M	$224.7M	$308.5M	$319.1M	$491.8M	$658.7M	$451.3M	$315.4M	$452.0M	$496.9M	$325.0M	$190.8M	$159.2M	$35.40M	$15.90M	$19.10M	$17.30M
YoY Change	-69.11%	-59.04%	183.64%	-13.4%	11.01%	-28.52%	-27.59%	-27.16%	-3.32%	-35.12%	-25.34%	45.96%	43.09%	-30.22%	-9.04%	52.89%	70.34%	19.85%	349.72%	122.64%	-16.75%	10.4%
Operating Profit	-$44.75M	-$139.4M	-$269.3M	-$112.0M	-$130.1M	-$115.3M	-$113.3M	-$217.0M	-$329.8M	-$340.6M	-$494.8M	-$573.7M	-$384.0M	-$315.8M	-$404.0M	$216.6M	$254.6M	$271.0M	$65.40M	-$9.800M	-$6.000M	-$19.70M	-$15.50M
YoY Change	-67.9%	-48.22%	140.42%	-13.91%	12.84%	1.77%	-47.79%	-34.2%	-3.17%	-31.16%	-13.75%	49.4%	21.6%	-21.83%	-286.52%	-14.93%	-6.05%	314.37%	-767.35%	63.33%	-69.54%	27.1%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Interest Expense	$4.420M	$3.365M	-$63.38M	-$8.900M	-$24.50M	-$122.7M	-$52.00M	-$8.300M	-$12.80M	$4.600M	$8.400M	$21.80M	$30.40M	$23.20M	$30.50M	$56.70M	$50.70M	$9.100M	$10.00M	$100.0K	-$1.400M	-$900.0K	-$500.0K
YoY Change	31.34%	-105.31%	612.09%	-63.67%	-80.03%	135.96%	526.51%	-35.16%	-378.26%	-45.24%	-61.47%	-28.29%	31.03%	-23.93%	-46.21%	11.83%	457.14%	-9.0%	9900.0%	-107.14%	55.56%	80.0%
% of Operating Profit																26.18%	19.91%	3.36%	15.29%
Other Income/Expense, Net	$1.172M	$1.451M	-$44.59M	$2.000M	$3.400M	$1.600M	$4.700M	-$10.00M	-$1.900M	-$2.100M	$9.300M	$4.600M	-$700.0K	$19.30M	$61.80M	-$19.00M	-$30.10M	$28.40M	$14.50M	$15.80M	$200.0K	-$200.0K	$100.0K
YoY Change	-19.21%	-103.25%	-2329.48%	-41.18%	112.5%	-65.96%	-147.0%	426.32%	-9.52%	-122.58%	102.17%	-757.14%	-103.63%	-68.77%	-425.26%	-36.88%	-205.99%	95.86%	-8.23%	7800.0%	-200.0%	-300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Pretax Income	-$20.32M	-$142.0M	-$415.1M	$402.8M	-$193.3M	-$235.0M	-$169.7M	-$561.4M	-$341.2M	-$158.4M	-$518.8M	-$566.0M	-$354.3M	-$311.3M	-$390.5M	$172.3M	$256.5M	$307.7M	$84.20M	$6.100M	-$7.300M	-$20.80M	-$15.80M
YoY Change	-85.69%	-65.79%	-203.05%	-308.38%	-17.74%	38.48%	-69.77%	64.54%	115.4%	-69.47%	-8.34%	59.75%	13.81%	-20.28%	-326.64%	-32.83%	-16.64%	265.44%	1280.33%	-183.56%	-64.9%	31.65%
Income Tax	$0.00	$0.00	$0.00	$7.200M	$0.00	$0.00	$0.00	-$6.100M	$0.00	$0.00	$0.00	$0.00	$0.00	$7.400M	-$5.500M	$47.90M	$9.300M	-$2.700M	$200.0K	$5.100M	-$5.900M	$300.0K	$200.0K
% Of Pretax Income				1.79%												27.8%	3.63%	-0.88%	0.24%	83.61%
Net Earnings	$2.817M	-$141.3M	-$411.2M	$396.7M	-$190.6M	-$258.0M	-$175.3M	-$676.7M	-$384.6M	-$107.7M	-$484.6M	-$510.8M	-$284.3M	-$499.6M	-$405.2M	$96.80M	$240.9M	$312.5M	$72.50M	$24.50M	$48.50M	-$26.30M	-$16.00M
YoY Change	-101.99%	-65.63%	-203.66%	-308.13%	-26.12%	47.18%	-74.09%	75.95%	257.1%	-77.78%	-5.13%	79.67%	-43.09%	23.3%	-518.6%	-59.82%	-22.91%	331.03%	195.92%	-49.48%	-284.41%	64.38%
Net Earnings / Revenue	11.17%	-819.98%	-302.66%	66116.67%	-63533.33%	-1482.76%	-239.81%	-1204.09%	-828.88%	-167.5%	-462.4%	-330.83%	-267.2%	-485.99%	-53.28%	5.66%	18.83%	31.7%	15.59%	70.61%	295.73%	-848.39%	-307.69%
Basic Earnings Per Share		-$0.20	-$0.83	$2.42
Diluted Earnings Per Share	$0.01	-$0.20	-$830.3K	$2.425M	-$1.791M	-$41.61M	-$159.4M	-$845.9M	-$480.8M	-$134.6M	-$605.8M	-$638.5M	-$355.4M	-$624.5M	-$506.5M	$107.6M	$267.7M	$390.6M	$90.63M	$49.00M	$80.83M	-$87.67M	-$53.33M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Cash & Short-Term Investments	$45.22M	$58.10M	$429.2M	$31.70M	$10.10M	$4.300M	$142.6M	$38.90M	$49.00M	$181.5M	$157.0M	$555.2M	$1.072B	$1.416B	$1.675B	$2.221B	$2.215B	$937.8M	$488.2M	$793.4M	$62.80M	$5.600M	$1.700M
YoY Change	-22.17%	-86.46%	1254.01%	213.86%	134.88%	-96.98%	266.58%	-20.61%	-73.0%	15.61%	-71.72%	-48.19%	-24.33%	-15.46%	-24.57%	0.24%	136.22%	92.09%	-38.47%	1163.38%	1021.43%	229.41%
Cash & Equivalents	$45.22M	$58.10M	$428.4M	$31.70M	$10.10M	$4.300M	$142.6M	$38.90M	$49.00M	$181.5M	$157.0M	$554.3M	$1.072B	$1.416B	$1.675B	$2.153B	$2.215B	$937.8M	$488.2M	$793.4M	$62.80M	$5.600M	$1.700M
Short-Term Investments		$0.00	$800.0K								$0.00	$900.0K			$0.00	$68.00M	$0.00
Other Short-Term Assets	$170.6M	$334.1M	$555.3M	$3.900M	$137.8M	$18.70M	$31.20M	$17.40M	$6.800M	$11.70M	$33.60M	$66.20M	$86.90M	$134.5M	$125.7M	$264.4M	$172.8M	$139.0M	$99.80M	$31.60M	$7.300M	$3.800M	$9.900M
YoY Change	-48.93%	-39.83%	14137.64%	-97.17%	636.9%	-40.06%	79.31%	155.88%	-41.88%	-65.18%	-49.24%	-23.82%	-35.39%	7.0%	-52.46%	53.01%	24.32%	39.28%	215.82%	332.88%	92.11%	-61.62%
Inventory
Prepaid Expenses
Receivables	$56.07K	$200.0K	$3.682M	$0.00	$100.0K	$600.0K	$2.600M	$8.600M	$7.200M	$12.50M	$19.30M	$16.60M	$10.10M	$10.70M	$900.0K	$8.300M	$26.70M	$10.20M	$10.60M	$16.70M	$0.00	$100.0K	$0.00
Other Receivables	$6.888M	$5.200M	$62.34M	$6.700M	$6.500M	$9.500M	$6.700M	$23.20M	$14.20M	$50.20M	$8.200M	$26.70M	$0.00	$0.00	$1.100M	$700.0K	$0.00	$0.00	$12.40M	$13.30M	$25.00M	$2.100M	$0.00
Total Short-Term Assets	$222.8M	$397.7M	$1.051B	$42.30M	$154.5M	$33.00M	$183.1M	$88.00M	$77.30M	$255.9M	$218.1M	$664.6M	$1.169B	$1.562B	$1.803B	$2.494B	$2.415B	$1.087B	$611.0M	$855.0M	$95.00M	$11.70M	$11.70M
YoY Change	-43.98%	-62.14%	2383.48%	-72.62%	368.18%	-81.98%	108.07%	13.84%	-69.79%	17.33%	-67.18%	-43.13%	-25.16%	-13.38%	-27.71%	3.28%	122.13%	77.92%	-28.54%	800.0%	711.97%	0.0%
Property, Plant & Equipment	$101.2M	$154.9M	$179.3M	$6.100M	$10.50M	$17.40M	$20.70M	$26.80M	$33.80M	$36.30M	$50.40M	$64.60M	$60.50M	$58.10M	$76.00M	$200.0M	$344.4M	$227.5M	$231.4M	$8.100M	$5.600M	$7.900M	$11.30M
YoY Change	-34.67%	-13.63%	2840.07%	-41.9%	-39.66%	-15.94%	-22.76%	-20.71%	-6.89%	-27.98%	-21.98%	6.78%	4.13%	-23.55%	-62.0%	-41.93%	51.38%	-1.69%	2756.79%	44.64%	-29.11%	-30.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$35.29M	$35.30M	$73.92M	$0.00	$10.00M	$45.20M	$48.20M	$163.0M	$267.5M	$39.20M	$50.80M	$82.30M	$78.40M	$74.80M	$309.4M	$320.9M	$47.90M	$30.10M	$50.00M	$88.70M	$50.60M	$900.0K	$900.0K
YoY Change	-0.02%	-52.24%		-100.0%	-77.88%	-6.22%	-70.43%	-39.07%	582.4%	-22.83%	-38.27%	4.97%	4.81%	-75.82%	-3.58%	569.94%	59.14%	-39.8%	-43.63%	75.3%	5522.22%	0.0%
Other Assets	$4.440M	$11.20M	$6.548M	$0.00	$6.500M	$6.500M	$6.500M	$6.600M	$1.900M	$500.0K	$16.80M	$61.70M	$75.80M	$56.80M	$5.300M	$0.00	$47.90M	$5.400M	$2.100M	$3.200M	$4.600M	$0.00	$0.00
YoY Change	-60.36%	71.05%		-100.0%	0.0%	0.0%	-1.52%	247.37%	280.0%	-97.02%	-72.77%	-18.6%	33.45%	971.7%		-100.0%	787.04%	157.14%	-34.38%	-30.43%
Total Long-Term Assets	$140.9M	$201.4M	$259.8M	$6.100M	$27.00M	$131.7M	$140.0M	$262.9M	$460.8M	$261.4M	$328.6M	$447.7M	$460.2M	$295.8M	$522.2M	$769.0M	$831.3M	$537.5M	$602.7M	$171.6M	$60.80M	$8.800M	$12.10M
YoY Change	-30.03%	-22.48%	4159.13%	-77.41%	-79.5%	-5.93%	-46.75%	-42.95%	76.28%	-20.45%	-26.6%	-2.72%	55.58%	-43.36%	-32.09%	-7.49%	54.66%	-10.82%	251.22%	182.24%	590.91%	-27.27%
Total Assets	$363.7M	$599.1M	$1.310B	$48.40M	$181.5M	$164.7M	$323.1M	$350.9M	$538.1M	$517.3M	$546.7M	$1.112B	$1.629B	$1.857B	$2.325B	$3.263B	$3.246B	$1.625B	$1.214B	$1.027B	$155.8M	$20.50M	$23.80M
YoY Change
Accounts Payable	$21.28M	$187.1M	$63.69M	$65.90M	$112.6M	$109.9M	$126.1M	$144.2M	$119.0M	$46.50M	$74.20M	$54.90M	$44.10M	$46.90M	$35.00M	$29.80M	$49.00M	$13.00M	$19.10M	$126.5M	$110.5M	$26.70M	$1.900M
YoY Change	-88.63%	193.78%	-3.36%	-41.47%	2.46%	-12.85%	-12.55%	21.18%	155.91%	-37.33%	35.15%	24.49%	-5.97%	34.0%	17.45%	-39.18%	276.92%	-31.94%	-84.9%	14.48%	313.86%	1305.26%
Accrued Expenses	$48.70M	$71.30M	$111.7M	$88.70M	$103.1M	$99.50M	$94.90M	$93.00M	$36.40M	$42.80M	$46.90M	$54.60M	$53.70M	$47.80M	$58.00M	$168.8M	$103.6M	$76.10M	$34.90M	$16.90M	$3.300M	$3.500M	$3.800M
YoY Change	-31.69%	-36.14%	25.88%	-13.97%	3.62%	4.85%	2.04%	155.49%	-14.95%	-8.74%	-14.1%	1.68%	12.34%	-17.59%	-65.64%	62.93%	36.14%	118.05%	106.51%	412.12%	-5.71%	-7.89%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$117.5M	$112.5M	$108.7M	$107.5M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.700M
YoY Change				-100.0%	4.44%	3.5%	1.12%															-100.0%
Long-Term Debt Due	$49.93M	$61.00M	$92.85M	$0.00	$414.1M	$375.3M	$260.6M													$0.00	$19.70M	$16.20M	$8.300M
YoY Change	-18.14%	-34.3%		-100.0%	10.34%	44.01%														-100.0%	21.6%	95.18%
Total Short-Term Liabilities	$162.9M	$564.2M	$544.3M	$364.4M	$1.058B	$908.4M	$819.4M	$573.7M	$428.0M	$296.6M	$330.1M	$317.7M	$311.5M	$316.3M	$311.5M	$543.8M	$440.0M	$288.4M	$271.8M	$149.3M	$134.2M	$47.00M	$23.20M
YoY Change	-71.14%	3.66%	49.37%	-65.56%	16.48%	10.86%	42.83%	34.04%	44.3%	-10.15%	3.9%	1.99%	-1.52%	1.54%	-42.72%	23.59%	52.57%	6.11%	82.05%	11.25%	185.53%	102.59%
Long-Term Debt	$16.75M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$232.4M	$166.9M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$1.400M
YoY Change							-100.0%	39.25%													-100.0%	-78.57%
Other Long-Term Liabilities	$2.788M	$7.400M	$2.567M	$2.500M	$6.300M				$0.00	$19.00M	$21.10M	$39.90M	$60.00M	$0.00
YoY Change	-62.32%	188.24%	2.69%	-60.32%					-100.0%	-9.95%	-47.12%	-33.5%
Total Long-Term Liabilities	$19.53M	$7.400M	$2.567M	$2.500M	$6.300M	$0.00	$0.00	$232.4M	$166.9M	$19.00M	$21.10M	$39.90M	$60.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$1.400M
YoY Change	163.98%	188.24%	2.69%	-60.32%			-100.0%	39.25%	778.42%	-9.95%	-47.12%	-33.5%									-100.0%	-78.57%
Total Liabilities	$157.5M	$553.8M	$533.8M	$336.2M	$1.021B	$876.3M	$796.9M	$690.5M	$735.5M	$419.3M	$286.0M	$326.9M	$366.1M	$326.2M	$313.6M	$543.8M	$440.0M	$288.4M	$271.8M	$161.4M	$134.2M	$47.20M	$24.60M
YoY Change	-71.57%	3.74%	58.79%	-67.06%	16.46%	9.96%	15.41%	-6.12%	75.41%	46.61%	-12.51%	-10.71%	12.23%	4.02%	-42.33%	23.59%	52.57%	6.11%	68.4%	20.27%	184.32%	91.87%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.011B	720.2M	495.3M	163.6M
Diluted Shares Outstanding	1.011B	720.2M	495.3M	163.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $133.55 Million

About The9 LTD

The9 Ltd. is engaged in the operation of online games. The company is headquartered in Shanghai, Shanghai and currently employs 50 full-time employees. The company went IPO on 2004-12-16. The firm's main businesses are the operation and development of mobile phones and computer games. The firm 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 firm's main products include Legend of Immortals, The World of Kings, CrossFire and others. The firm is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The firm conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.

Industry: Finance Services Peers: Blue Hat Interactive Entertainment Technology iHuman Inc. NetEase, Inc.