profit from every $100 of sales.

9F
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What 9F sold, what it kept, and what it did with the cash.
Sales went from CN¥562 million in 2022 to CN¥290 million in 2025, with CN¥168 million of profit last year.
9F vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
9F | No profit yet | ||
IBM | 22.0× · Fair price | ||
Accenture | 17.7× · Fair price | ||
Tata Consultancy Services | 17.7× · Fair price | ||
Infosys | 15.0× · Fair price |
AI analysis
An AI analyst reads 9F's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 562 | 412 | 310 | 290 | |
| 446 | 297 | 202 | 205 | |
| -150 | -194 | -45 | 11 | |
| -119 | -165 | -23 | 34 | |
| -595 | -140 | 50 | 168 | |
| -51.00 | -12.00 | 4.20 | 14.20 | |
| 79.4% | 72.1% | 65.2% | 70.7% | |
| -26.8% | -46.9% | -14.7% | 3.9% | |
| -105.9% | -34.0% | 16.1% | 58.0% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,311 | 4,039 | 4,123 | 4,298 |
| Cash | 2,433 | 1,686 | 379 | 435 |
| Total debt | 8 | 15 | 10 | 24 |
| Total liabilities | 600 | 467 | 466 | 527 |
| 3,656 | 3,518 | 3,602 | 3,712 | |
| 12 | 12 | 12 | 12 | |
| -3.2% | -4.3% | -1.0% | 0.2% | |
| -16.3% | -4.0% | 1.4% | 4.5% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 81 | 47 | 46 | 208 | |
| 45 | 6 | 1 | 3 | |
| 36 | 41 | 45 | 205 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 5 | -72 | -1 | 0 |
Valuation
- –
- –
- –
- 0.0×
- –
- –
- –
- –
- –
- 0.0%
Profitability
- 70.7%
- 3.9%
- 58.0%
- 21.4%
- 0.2%
- -2.1%
- 6.4%
- 5.4%
- 1.0%
- –
Growth
- −19.8%
- –
- +326.8%
- –
- +0.4%
Financial health
- -12.1×
- 0.01
- 0.1%
- –
- 7.73
- 6.94
- 0.05
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Jun 30, 2024 | 0.00 | – | – |
| May 21, 2024 | -0.00 | – | – |
| Mar 31, 2024 | 0.00 | – | – |
| Dec 1, 2023 | -0.00 | – | – |
| Jun 30, 2023 | -0.04 | – | – |
| Mar 31, 2023 | -0.04 | – | – |
| Dec 31, 2022 | -0.15 | – | – |
| Dec 9, 2022 | -0.14 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about 9F
Is 9F a good stock to buy?
A strong, very profitable business that is not profitable yet. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the 9F AI analysis
What does 9F do?
9F Inc., together with its subsidiaries, provides digital technology and wealth management services in the People's Republic of China and Hong Kong. The company operates through E-Commerce Services, Technology Empowerment Services, and Wealth Management Services segments. It is in Information Technology Services.
Does 9F pay a dividend?
No. 9F does not pay a dividend at the moment.
Is 9F stock halal?
No. 9F does not pass our halal screen: its cash and confirmed interest-bearing investments are 259% of its market value, at or above the 33% limit. How we check
How has 9F stock done over the past year?
Down 54.9% over the past twelve months, to $2.14. It traded between $1.95 and $8.44 and is 74.6% below its high.
Who are 9F's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with 9F's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



