Chao Wang - The9 Independent Director

NCTY
 Stock
  

USD 2.02  0.38  23.17%   

  Director
Mr. Chao Y. Wang has served as Independent Director at The9 Limited since December 2004. Mr. Wang is the founding partner and Chief Executive Officer of ChinaEquity Investment Co., a Chinabased independent VC firm which focuses on the technology, media and telecommunications sectors in Greater China. Before founding ChinaEquity in 1999, Mr. Wang had spent 12 years in the investment banking and financial services industry with Chase, Standard Poors, Morgan Stanley and the China Development Bank. During that time, he headed Morgan Stanleys Beijing operation for three years. Mr. Wang presently serves on the board of directors of several companies including Rising Tech Co., Infront Sport Media and Marketing Co., Ltd., Fans Media Co., Ltd., and AC China Team Holding Co. Mr. Wang holds a Bachelors degree from Huazhong University of Science and Technology and an MBA degree from Rutgers University. Mr. Wang has also attended the Senior Executive Program of Harvard University and Tsinghua University.
Age: 47  Director Since 2004      
86 21 6108 6080  https://www.the9.com

The9 Management Efficiency

The9 Ltd ADR has return on total asset (ROA) of (29.45) % which means that it has lost $29.45 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (187.31) %, meaning that it created substantial loss on money invested by shareholders. The9 management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 113.82 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. The9 Ltd ADR has a current ratio of 1.89, which is within standard range for the sector. Debt can assist The9 until it has trouble settling it off, either with new capital or with free cash flow. So, The9's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like The9 Ltd ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for The9 to invest in growth at high rates of return. When we think about The9's use of debt, we should always consider it together with cash and equity.

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The9 Limited, together with its subsidiaries, operates as an Internet company in the Peoples Republic of China. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the Peoples Republic of China. The9 operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 74 people. The9 Ltd ADR (NCTY) is traded on NASDAQ Exchange in USA and employs 74 people.

The9 Ltd ADR Leadership Team

Elected by the shareholders, the The9's board of directors comprises two types of representatives: The9 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of The9. The board's role is to monitor The9's management team and ensure that shareholders' interests are well served. The9's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, The9's outside directors are responsible for providing unbiased perspectives on the board's policies.
Huanxin Jiang, Vice President - Technical Operations
Fumin Lin, Vice President
Chao Wang, Independent Director
Yue Dong, CTO
Chris Shen, VP
KaKeung Yeung, Independent Director
Cheung AuYeung, Director
Arthur Lau, President
Lingdong Huang, Vice President - Product Department
Phyllis Sai, Manager of Investor Relations
Kwok Chau, Independent Director
Jun Yao, Vice President - Business Development
Jun Zhu, Co-Founder, Chairman and CEO
George Lai, CFO and Director
Xudong He, Vice President
Yong Wang, VP
Donglei Fang, Vice President
Davin Mackenzie, Independent Director
Swun Park, Vice President

The9 Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is The9 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

The9 Investors Sentiment

The influence of The9's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in The9. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

The9 Implied Volatility

    
  145.88  
The9's implied volatility exposes the market's sentiment of The9 Ltd ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if The9's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that The9 stock will not fluctuate a lot when The9's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards The9 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, The9's short interest history, or implied volatility extrapolated from The9 options trading.

Current Sentiment - NCTY

The9 Ltd ADR Investor Sentiment

Most of Macroaxis users are now bullish on The9 Ltd ADR. What is your outlook on investing in The9 Ltd ADR? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Additionally, see Stocks Correlation. Note that the The9 Ltd ADR information on this page should be used as a complementary analysis to other The9's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running The9 Ltd ADR price analysis, check to measure The9's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.
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Is The9's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of The9. If investors know The9 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about The9 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
38.7 M
Quarterly Revenue Growth YOY
62.21
Return On Assets
-0.29
Return On Equity
-1.87
The market value of The9 Ltd ADR is measured differently than its book value, which is the value of The9 that is recorded on the company's balance sheet. Investors also form their own opinion of The9's value that differs from its market value or its book value, called intrinsic value, which is The9's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because The9's market value can be influenced by many factors that don't directly affect The9's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between The9's value and its price as these two are different measures arrived at by different means. Investors typically determine The9 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The9's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.