The9 Capital Expenditures (CapEx) Growth & History (NCTY)
The9's capital expenditures (capex) was $1.5M for fiscal 2025.
View full The9 company overviewThe9 annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.5M | $270,000 | +21.90% |
| 2024 | 2024-12-31 | $1.2M | — | — |
| 2022 | 2022-12-31 | $915,731 | −$1.7M | −64.42% |
| 2021 | 2021-12-31 | $2.6M | — | — |
| 2018 | 2018-12-31 | $0 | — | — |
| 2016 | 2016-12-31 | $953,331 | — | — |
| 2014 | 2014-12-31 | $0 | −$82,594 | — |
| 2013 | 2013-12-31 | $82,594 | −$1.1M | −93.10% |
| 2012 | 2012-12-31 | $1.2M | −$10.4M | −89.69% |
| 2011 | 2011-12-31 | $11.6M | — | — |
The9 capital expenditures (capex) trends
Between the periods ended 2011-12-31 and 2025-12-31, The9's capital expenditures (capex) decreased from $11.6M to $1.5M, a change of −$10.1M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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