The9 Limited General and Administrative Expenses 2011-2025 | NCTY

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.

What these expenses include

Salaries of administrative staff (executives, HR, accountants, legal personnel)
Office rent and utilities
Office equipment and IT infrastructure
Professional services (auditors, lawyers, consultants)
Insurance
General administrative travel and representation expenses

What the metric indicates

Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure
Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit
Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry
Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses The9 Limited

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	293 M	109 M	114 M	89.6 M	109 M	129 M	132 M	111 M	162 M	170 M	175 M

All numbers in CNY currency

Indicator range from annual reports

Maximum	Minimum	Average
293 M	89.6 M	145 M

General and Administrative Expenses of other stocks in the Blockchain industry

Issuer	General and Administrative Expenses	Price	% 24h	Market Cap	Country
Canaan CAN	589 M	$ 0.76	-2.55 %	$ 3.1 B	China
Ebang International Holdings EBON	25.8 M	$ 3.3	4.79 %	$ 20.7 M	China
Marathon Patent Group MARA	272 M	$ 9.62	-3.27 %	$ 2.79 B	USA
MicroStrategy Incorporated MSTR	141 M	$ 158.56	-0.09 %	$ 30.5 B	USA
Riot Blockchain RIOT	267 M	$ 13.5	-3.05 %	$ 3.73 B	USA