The9 (FRA:FZK0) Tax Rate %: 0.01% (As of Dec. 2025)

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FRA:FZK0 The9 Ltd FRA:FZK0
55 GF Score
Price €3.74
GF Value €2.16
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is The9 Tax Rate %?

The9 FRA:FZK0 +1.63% 55 Tax Rate % is 0.01% as of Dec. 2025. GuruFocus rates FRA:FZK0 with a GF Score™ of 55/100 and a GF Value™ of €2.16 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The9's Tax Expense for the six months ended in Dec. 2025 was €-0.00 Mil. The9's Pre-Tax Income for the six months ended in Dec. 2025 was €-41.34 Mil. Therefore, The9's Tax Rate % for the quarter that ended in Dec. 2025 was 0.01%.

The9 Tax Rate % Related Terms

The9 Tax Rate % Historical Data

* Premium members only.

The historical data trend for The9's Tax Rate % 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.

The9 Tax Rate % Chart

The9 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.03

The9 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.20 0.01
FRA:FZK0
55GF Score
The9 Ltd FRA:FZK0
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The9 Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

The9's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.013/-49.499
=-0.03 %

The9's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=-0.003/-41.343
=0.01 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.01% mean?
The9 (FRA:FZK0) has a Tax Rate % of 0.01% as of Dec. 2025.
Is The9's Tax Rate % too high?
The9's current Tax Rate % is 0.01%. Overall, The9 has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The9's Tax Rate % compare to BTCS and PLUT?
The9's Tax Rate % of 0.01% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Capital Markets company?
A good Tax Rate % depends on the Capital Markets industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. The9's current Tax Rate % is 0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The9 stock overvalued right now?
Based on GuruFocus' analysis, The9 (FRA:FZK0) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.16, compared to a current price of €3.74 — trading 73.1% above its estimated fair value. The current Tax Rate % is 0.01%. The9's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For The9 (FRA:FZK0), the current Tax Rate % is 0.01% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The9 (FRA:FZK0) Overvalued in 2026?

Based on GuruFocus' analysis, The9 stock appears to be overvalued. The current stock price of €3.74 is trading 73.1% above its estimated GF Value™ of €2.16. GuruFocus considers The9 to be Significantly Overvalued.

Key valuation signals for FRA:FZK0:

  • Tax Rate %: 0.01%
  • GF Value™: €2.16 vs. price of €3.74 (73.1% above fair value)
  • GF Score™: 55/100 with 8 warning signs

No single metric tells the full story. See the FRA:FZK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The9 Business Description

Other Exchanges NCTY:USA
Address No.130 Wu Song Road, 17 Floor, Hong Kou District, Shanghai, CHN, 200080
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, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.
55GF Score

Get the complete analysis for FRA:FZK0

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.74
Price
€2.16
GF Value