Discounted Cash Flow
The9 Ltd. ADR
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $8.1m | $-14.5m | $-26.9m | -178.5% | $-28.34 |
| 2017 | $11.3m (38.8%) | $-4.0m (72.4%) | $-12.9m (52.1%) | -35.5% (80.1%) | $-0.81 (97.1%) |
| 2018 | $2.5m (-77.4%) | $-4.7m (-17.2%) | $-2.2m (83.0%) | -184.3% (-418.3%) | $-4.15 (-412.3%) |
| 2019 | $49.1k (-98.1%) | $-3.8m (19.1%) | $-1.2m (47.1%) | -7729.8% (-4095.0%) | $-1.79 (56.9%) |
| 2020 | $95.9k (95.4%) | $9.1m (338.8%) | $-2.4m (-109.3%) | 9444.3% (222.2%) | $2.42 (235.2%) |
| 2021 | $21.3m (22142.6%) | $-9.6m (-205.8%) | $-16.0m (-562.7%) | -44.9% (-100.5%) | $-0.13 (-105.4%) |
| 2022 | $17.2m (-19.2%) | $-21.0m (-119.0%) | $-59.8m (-273.3%) | -121.7% (-170.9%) | $-0.20 (-53.8%) |
| 2023 | $174.0m (909.7%) | $418.3k (102.0%) | $418.3k (100.7%) | 0.2% (100.2%) | $0.02 (110.0%) |
| 2024 | $111.7m (-35.8%) | $-1.5m (-457.0%) | $-9.2m (-2307.6%) | -1.3% (-656.2%) | $-0.01 (-150.0%) |
| 2025 | $107.9m (-3.4%) | $-59.8m (-3900.9%) | $-6.5m (29.7%) | -55.4% (-4042.4%) | $-0.03 (-200.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in CNY. Values above are converted to USD for comparison with the US-listed share price.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.