hD

Balance Sheet Summary

The9 (NCTY) quarterly balance sheet covering the six quarters from December 2012 to December 2017, as reported to the SEC.

  • The9 had total assets of $49.66M and total liabilities of $125.95M as of December 31, 2017. That leaves shareholders' equity of -$76.29M.
  • Total assets were down 1.7% from $50.54M a year earlier.
  • Total current assets of $28.14M were 0.2 times total current liabilities of $125.95M.
  • Cash and cash equivalents were $21.92M, up 291.5% from $5.6M. That is 44.1% of total assets.
  • The9 has an accumulated deficit of $463.55M.

A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.

Figures in USD thousands
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
ASSETS
Current assets:
Cash and cash equivalents

21,920

5,599

7,565

29,249

25,932

88,967

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cash and cash equivalents

21,920

5,599

7,565

29,249

25,932

88,967

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Short term investment

-

-

-

-

-

140

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Short term investment

-

-

-

-

-

140

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accounts receivable, net of allowance for doubtful accounts of RMB992,010 and RMB1,039,958 as of December 31, 2016 and 2017, respectively

400

1,239

1,104

1,902

3,161

2,507

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accounts receivable, net of allowance for doubtful accounts of RMB992,010 and RMB1,039,958 as of December 31, 2016 and 2017, respectively

400

1,239

1,104

1,902

3,161

2,507

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Advances to suppliers

1,245

1,308

138

118

747

336

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Advances to suppliers

1,245

1,308

138

118

747

336

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Prepayments and other current assets

1,016

1,674

1,460

9,117

5,362

12,202

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Prepayments and other current assets

1,016

1,674

1,460

9,117

5,362

12,202

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Prepaid royalties

-

-

-

-

805

2,378

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Prepaid royalties

-

-

-

-

805

2,378

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred costs

-

-

-

1

11

144

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred costs

-

-

-

1

11

144

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Amounts due from related parties

383

2,857

1,656

846

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Amounts due from related parties

383

2,857

1,656

846

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Assets classified as held for sale

3,176

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Assets classified as held for sale

3,176

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total current assets

28,143

12,680

11,926

41,236

36,021

106,678

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total current assets

28,143

12,680

11,926

41,236

36,021

106,678

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Restricted cash

-

-

-

-

115

118

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Restricted cash

-

-

-

-

115

118

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Investments in equity investees

7,414

23,482

41,301

6,321

8,399

12,201

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Investments in equity investees

7,414

23,482

41,301

6,321

8,399

12,201

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Investments in equity investees

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Investments in equity investees

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Available-for-sale investment

-

-

-

-

-

1,008

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Available-for-sale investment

-

-

-

-

-

1,008

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Property, equipment and software, net

3,184

3,855

5,225

5,857

8,331

10,365

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Property, equipment and software, net

3,184

3,855

5,225

5,857

8,331

10,365

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Goodwill

-

-

1,596

1,570

1,604

1,606

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Goodwill

-

-

1,596

1,570

1,604

1,606

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Intangible assets, net

-

-

12,176

15,720

21,250

24,887

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Intangible assets, net

-

-

12,176

15,720

21,250

24,887

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Land use right, net

9,915

9,568

10,551

11,325

11,925

11,896

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Land use right, net

9,915

9,568

10,551

11,325

11,925

11,896

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other long-lived assets, net

1,002

953

290

1,345

2,656

9,781

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other long-lived assets, net

1,002

953

290

1,345

2,656

9,781

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL ASSETS

49,660

50,538

83,067

83,378

90,304

178,543

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL ASSETS

49,660

50,538

83,067

83,378

90,304

178,543

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Short-term borrowing (including short-term borrowing of the consolidated VIEs without recourse to the Group of RMB24,992,214 and nil as of December 31, 2016 and 2017, respectively)

16,713

15,485

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Short-term borrowing (including short-term borrowing of the consolidated VIEs without recourse to the Group of RMB24,992,214 and nil as of December 31, 2016 and 2017, respectively)

16,713

15,485

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accounts payable (including accounts payable of the consolidated VIEs without recourse to the Group of RMB5,883,617 and RMB6,706,484 as of December 31, 2016 and 2017, respectively)

5,706

5,334

6,367

6,481

11,460

8,819

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accounts payable (including accounts payable of the consolidated VIEs without recourse to the Group of RMB5,883,617 and RMB6,706,484 as of December 31, 2016 and 2017, respectively)

5,706

5,334

6,367

6,481

11,460

8,819

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other taxes payable (including other taxes payable of the consolidated VIEs without recourse to the Group of RMB61,071 and RMB169,300 as of December 31, 2016 and 2017, respectively)

263

40

85

150

204

665

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other taxes payable (including other taxes payable of the consolidated VIEs without recourse to the Group of RMB61,071 and RMB169,300 as of December 31, 2016 and 2017, respectively)

263

40

85

150

204

665

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Advances from customers (including advances from customers of the consolidated VIEs without recourse to the Group of RMB15,396,355 and RMB24,558,422 as of December 31, 2016 and 2017, respectively)

7,309

3,847

3,026

2,713

3,121

2,869

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Advances from customers (including advances from customers of the consolidated VIEs without recourse to the Group of RMB15,396,355 and RMB24,558,422 as of December 31, 2016 and 2017, respectively)

7,309

3,847

3,026

2,713

3,121

2,869

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to the Group of RMB27,859,901 and RMB55,361,287 as of December 31, 2016 and 2017, respectively)

13,669

15,440

11,999

1,016

792

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to the Group of RMB27,859,901 and RMB55,361,287 as of December 31, 2016 and 2017, respectively)

13,669

15,440

11,999

1,016

792

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred revenue (including deferred revenue of the consolidated VIEs without recourse to the Group of RMB3,121,950 and RMB4,568,595 as of December 31, 2016 and 2017, respectively)

857

2,293

2,863

3,293

3,322

3,251

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred revenue (including deferred revenue of the consolidated VIEs without recourse to the Group of RMB3,121,950 and RMB4,568,595 as of December 31, 2016 and 2017, respectively)

857

2,293

2,863

3,293

3,322

3,251

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Refund of game points (including refund of game points of the consolidated VIEs without recourse to the Group of RMB169,998,682 as of both December 31, 2016 and 2017)

26,128

24,484

26,243

27,398

28,081

27,286

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Refund of game points (including refund of game points of the consolidated VIEs without recourse to the Group of RMB169,998,682 as of both December 31, 2016 and 2017)

26,128

24,484

26,243

27,398

28,081

27,286

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Warrants (including warrants of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

575

2,356

9,943

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Warrants (including warrants of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

575

2,356

9,943

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

40,047

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

40,047

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest payable (including interest payable of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

1,461

59

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest payable (including interest payable of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

1,461

59

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accrued expense and other current liabilities (including accrued expense and other current liabilities of the consolidated VIEs without recourse to the Group of RMB77,781,852 and RMB69,543,098 as of December 31, 2016 and 2017, respectively)

12,864

13,294

5,536

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accrued expense and other current liabilities (including accrued expense and other current liabilities of the consolidated VIEs without recourse to the Group of RMB77,781,852 and RMB69,543,098 as of December 31, 2016 and 2017, respectively)

12,864

13,294

5,536

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Liabilities directly associated with assets classified as held for sale

349

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Liabilities directly associated with assets classified as held for sale

349

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other payables and accruals (including other payables and accruals of the consolidated VIEs without recourse to the Group of 22,798,639 and 26,346,672 as of December 31, 2013 and December 31, 2014 respectively)

-

-

-

6,748

7,544

8,103

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other payables and accruals (including other payables and accruals of the consolidated VIEs without recourse to the Group of 22,798,639 and 26,346,672 as of December 31, 2013 and December 31, 2014 respectively)

-

-

-

6,748

7,544

8,103

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total current liabilities

125,946

82,637

66,066

47,801

54,527

50,996

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total current liabilities

125,946

82,637

66,066

47,801

54,527

50,996

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Long-term accounts payable (including long-term accounts payable of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2014 and December 31, 2015)

-

-

-

3,060

3,487

6,406

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Long-term accounts payable (including long-term accounts payable of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2014 and December 31, 2015)

-

-

-

3,060

3,487

6,406

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Long-term borrowing (including long-term borrowing of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

-

5,061

4,897

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Long-term borrowing (including long-term borrowing of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

-

5,061

4,897

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

-

28,414

20,868

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Convertible notes (including convertible notes of consolidated VIEs without recourse to the Group of nil as of both December 31, 2016 and 2017)

-

28,414

20,868

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred tax liabilities, non-current (including deferred tax liabilities, non-current of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2015 and December 31, 2016)

-

-

878

864

882

884

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Deferred tax liabilities, non-current (including deferred tax liabilities, non-current of the consolidated VIEs without recourse to the Group of nil as of both December 31, 2015 and December 31, 2016)

-

-

878

864

882

884

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL LIABILITIES

125,946

116,113

92,711

51,726

58,897

58,286

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL LIABILITIES

125,946

116,113

92,711

51,726

58,897

58,286

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Commitments and contingencies (Note 32)

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Commitments and contingencies (Note 32)

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Redeemable noncontrolling interest (Note 30)

47,033

35,542

27,571

21,193

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Redeemable noncontrolling interest (Note 30)

47,033

35,542

27,571

21,193

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

SHAREHOLDERS' EQUITY (DEFICIT):
Ordinary shares (US$0.01 par value; 23,915,501 and 44,544,036 shares issued and outstanding as of December 31, 2016 and 2017, respectively)

511

278

296

303

310

320

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Ordinary shares (US$0.01 par value; 23,915,501 and 44,544,036 shares issued and outstanding as of December 31, 2016 and 2017, respectively)

511

278

296

303

310

320

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Additional paid-in capital

388,425

363,762

321,103

334,574

355,538

344,844

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Additional paid-in capital

388,425

363,762

321,103

334,574

355,538

344,844

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Statutory reserves

4,314

4,043

4,333

4,524

4,637

4,505

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Statutory reserves

4,314

4,043

4,333

4,524

4,637

4,505

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accumulated other comprehensive income (loss)

-2,527

371

-520

-1,392

-1,484

-1,077

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accumulated other comprehensive income (loss)

-2,527

371

-520

-1,392

-1,484

-1,077

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accumulated deficit

-463,545

-417,370

-355,679

-322,211

-315,934

-222,517

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Accumulated deficit

-463,545

-417,370

-355,679

-322,211

-315,934

-222,517

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

The9 Limited shareholders' deficit

-72,821

-48,914

-30,467

15,799

43,067

126,076

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

The9 Limited shareholders' deficit

-72,821

-48,914

-30,467

15,799

43,067

126,076

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Noncontrolling interest

-50,497

-52,201

-6,748

-5,340

-11,659

-5,819

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Noncontrolling interest

-50,497

-52,201

-6,748

-5,340

-11,659

-5,819

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total shareholders' deficit

-123,319

-101,116

-37,215

10,458

31,407

120,256

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total shareholders' deficit

-123,319

-101,116

-37,215

10,458

31,407

120,256

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY

49,660

50,538

83,067

83,378

90,304

178,543

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY

49,660

50,538

83,067

83,378

90,304

178,543

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx