The9 Limited · Shanghai China (NASDAQ: NCTY)
Key The9 Limited Financials
| Company Type | Public -(NASDAQ: NCTY) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $15.5 |
| 2010 Employees | 738 |
The9 Limited Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 15.5 | 111.3 | 249.7 |
| Cost of Goods Sold | 15.6 | 104.2 | 145.6 |
| Gross Profit | (0.1) | 7.0 | 104.1 |
| Gross Profit Margin | -0.4% | 6.3% | 41.7% |
| SG&A Expense | 26.6 | 49.4 | 61.7 |
| Depreciation & Amortization | 5.4 | 25.5 | 44.9 |
| Operating Income | (53.5) | (70.6) | 19.6 |
| Operating Margin | -344% | -63.5% | 7.9% |
| Nonoperating Income | 2.9 | 9.0 | (6.9) |
| Nonoperating Expenses | 3.5 | 4.5 | 8.3 |
| Income Before Taxes | (47.1) | (57.1) | 21.0 |
| Income Taxes | 1.1 | (0.8) | 7.0 |
| Net Income After Taxes | (48.2) | (56.3) | 14.0 |
| Continuing Operations | (75.5) | (59.3) | 14.1 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | (75.5) | (59.3) | 14.1 |
| Total Net Income | (75.5) | (59.3) | 14.1 |
| Net Profit Margin | -485.8% | -53.3% | 5.7% |
| Diluted EPS from Total Net Income | (3.01) | (2.33) | 0.51 |
| Dividends per Share | 0.0 | 1.07 | -- |
All amounts in millions of US Dollars except per share amounts.
The9 Limited Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 214.1 | 245.1 | 314.1 |
| Net Receivables | 1.6 | 0.3 | 1.3 |
| Inventories | -- | -- | -- |
| Other Current Assets | 20.3 | 18.4 | 48.5 |
| Total Current Assets | 236.1 | 263.7 | 363.9 |
| Net Fixed Assets | 8.8 | 11.1 | 29.2 |
| Other Noncurrent Assets | 36.0 | 65.3 | 83.0 |
| Total Assets | 280.8 | 340.1 | 476.1 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 7.1 | 5.1 | 4.3 |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 40.7 | 40.5 | 75.0 |
| Total Current Liabilities | 47.8 | 45.6 | 79.3 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 1.5 | 0.3 | 0.0 |
| Total Liabilities | 49.3 | 45.9 | 79.3 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 231.5 | 294.3 | 396.7 |
| Total Equity | 231.5 | 294.3 | 396.7 |
| Shares Outstanding (thou.) | 29,512.7 | 25,512.7 | 26,817.7 |
All amounts in millions of US Dollars except per share amounts.
The9 Limited Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | (37) | (16) | 101 |
| Net Investing Cash Flow | (1.1) | (2.4) | (71.1) |
| Net Financing Cash Flow | (0.1) | (52.2) | (34.4) |
| Net Change in Cash | (39.1) | (69.9) | (9.1) |
| Depreciation & Amortization | 5.4 | 25.5 | 44.9 |
| Capital Expenditures | (3.0) | (6.5) | (17.7) |
| Cash Dividends Paid | 0.0 | (29.4) |
All amounts in millions of US Dollars except per share amounts.