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VNET Group Inc - ADR
Previous close
$6.99
Day range
$6.45 - $7.08
Year range
$1.39 - $7.19
Market cap
1.78B USD
Avg Volume
3.87M
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
| (CNY) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 2.12B | 12.39% |
Operating expense | 300.27M | 9.47% |
Net income | 317.63M | 729.44% |
Net profit margin | 14.98 | 661.05% |
Earnings per share | 1.12 | 653.97% |
EBITDA | 585.13M | 18.50% |
Effective tax rate | 8.57% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 1.54B | -42.99% |
Total assets | 29.93B | 0.02% |
Total liabilities | 23.06B | 0.09% |
Total equity | 6.86B | — |
Shares outstanding | 267.14M | — |
Price to book | 0.29 | — |
Return on assets | 1.62% | — |
Return on capital | 2.06% | — |
Cash Flow
Net change in cash
| (CNY) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 317.63M | 729.44% |
Cash from operations | 760.37M | 67.37% |
Cash from investing | -1.34B | -78.17% |
Cash from financing | 528.33M | -26.17% |
Net change in cash | -53.87M | -113.23% |
Free cash flow | -1.22B | -96.21% |
About
VNET Group, Inc. is the largest private, carrier-neutral Internet and data center service provider in China. A Cayman Islands holding company, VNET provides value-added telecommunications services in China through four domestic PRC companies: VNET Technology, BJ iJoy, WiFire Network, and SH Zhiyan. It is the exclusive operator of Microsoft Azure and Microsoft 365 services in China, and also houses data centers for Alibaba and other Chinese companies. Wikipedia
CEO
Founded
1996
Website
Employees
3,038
