The9 (NCTY) Accumulated Depreciation : $-23.97 Mil (As of Dec. 2024)

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What is The9 Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

The9's quarterly accumulated depreciation declined from Dec. 2023 ($-26.93 Mil) to Jun. 2024 ($0.00 Mil) but then increased from Jun. 2024 ($0.00 Mil) to Dec. 2024 ($-23.97 Mil).

The9's annual accumulated depreciation increased from Dec. 2022 ($-19.77 Mil) to Dec. 2023 ($-26.93 Mil) but then stayed the same from Dec. 2023 ($-26.93 Mil) to Dec. 2024 ($-23.97 Mil).

The9 Accumulated Depreciation Historical Data

The historical data trend for The9's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The9 Accumulated Depreciation Chart

The9 Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

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-3.15

-9.22

-19.77

-26.93

-23.97

The9 Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial															-19.77	-	-26.93	-	-23.97

The9 Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

The9 Accumulated Depreciation Related Terms

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The9 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The9 Ltd (NAS:NCTY) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

FZK0:Germany FZK0:Germany

Address

17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai, CHN, 200080

Website

https://www.the9.com

The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China and other areas.