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VNET Group Inc DRC

Technology US VNET

1.66USD
0.08(5.06%)

Last update at 2024-04-25T20:00:00Z

Day Range

1.541.70
LowHigh

52 Week Range

2.536.83
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -630.45500M 665.17M -2581.79200M -125.25600M 24.32M
Minority interest -13.95800M -15.00300M 332.55M 278.56M 268.98M
Net income -763.91900M 500.10M -2691.12800M -130.69300M -205.06500M
Selling general administrative 642.95M 842.35M 535.11M 415.28M 462.64M
Selling and marketing expenses 311.92M 255.40M 235.01M 206.31M 172.18M
Gross profit 1358.26M 1438.03M 1076.01M 939.45M 944.87M
Reconciled depreciation 1595.94M 1267.58M 988.98M 772.21M 634.61M
Ebit 166.09M -261.92100M 198.22M -452.47400M -311.91600M
Ebitda 1762.03M 1005.66M -2334.65900M 319.73M 322.69M
Depreciation and amortization 1595.94M 1267.58M -2532.88200M 772.21M 634.61M
Non operating income net other - - - 0.00000M 0.00000M
Operating income 166.09M -261.92100M 198.22M -452.47400M 237.48M
Other operating expenses 6944.08M 6056.41M 4630.80M 3554.59M 3177.46M
Interest expense 273.31M 334.95M 380.61M 345.95M 236.07M
Tax provision 133.46M 111.41M 109.34M 5.44M 24.41M
Interest income 31.57M 31.90M 31.71M 54.61M 45.19M
Net interest income -241.73100M -303.05300M -348.89800M -291.34800M -190.88000M
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 133.46M 111.41M 109.34M 5.44M 24.41M
Total revenue 7065.23M 6189.80M 4829.02M 3788.97M 3401.04M
Total operating expenses 1237.10M 1304.64M 877.79M 705.07M 721.30M
Cost of revenue 5706.98M 4751.77M 3753.01M 2849.52M 2456.17M
Total other income expense net -796.54000M 927.10M -2780.01500M 327.22M -8.37700M
Discontinued operations - - - 0.00000M 0.00000M
Net income from continuing ops -761.99400M 515.10M -2680.25900M -181.24600M -186.73600M
Net income applicable to common shares -775.95200M 494.27M -3179.99000M -182.29200M -205.06500M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 26948.40M 23095.04M 19373.76M 14273.71M 11150.72M
Intangible assets 2073.15M 1237.57M 915.92M 643.75M 502.81M
Earning assets - - - - -
Other current assets 2147.50M 2049.91M 1866.18M 1618.15M 1159.57M
Total liab 19966.55M 15494.04M 12476.27M 9042.08M 5787.53M
Total stockholder equity 6609.61M 7242.23M 6564.93M 4953.07M 5094.21M
Deferred long term liab - - - 0.00000M 0.00000M
Other current liab 2459.42M 2350.63M 1711.60M 1187.21M 724.76M
Common stock 0.06M 0.06M 0.06M 0.05M 0.05M
Capital stock 0.06M 0.06M 1047.52M 0.05M 0.05M
Retained earnings -8369.86800M -7590.38200M -7235.11300M -4038.39000M -3838.03200M
Other liab 772.43M 428.27M 1119.63M 956.82M 680.49M
Good will 1364.19M 1339.66M 994.99M 989.53M 989.53M
Other assets 748.17M 2133.69M 1842.12M 577.41M 404.71M
Cash 2661.32M 1372.48M 2710.35M 1808.48M 2358.56M
Cash and equivalents - - - - -
Total current liabilities 6332.09M 5179.99M 6121.96M 4469.02M 2191.21M
Current deferred revenue 1256.69M 1099.67M 1106.91M 1128.91M 731.96M
Net debt 12103.06M 9749.48M 5538.39M 3883.34M 902.25M
Short term debt 1902.35M 1236.19M 3014.06M 1856.63M 344.98M
Short long term debt 1021.80M 384.16M 2157.95M 1178.15M 125.28M
Short long term debt total 14764.38M 11121.96M 8248.74M 5691.82M 3260.81M
Other stockholder equity 14890.40M 14848.53M 12733.60M 8853.04M 8803.81M
Property plant equipment 15468.42M 12961.76M 9429.59M 6665.18M 4031.24M
Total current assets 7052.28M 5324.12M 6055.61M 5228.18M 4678.11M
Long term investments 242.19M 98.24M 135.52M 169.65M 544.32M
Net tangible assets 3172.27M 4665.00M 3606.55M 3319.79M 3601.87M
Short term investments - 0.00000M 285.87M 363.86M 245.01M
Net receivables 1915.78M 1573.96M 922.75M 958.82M 649.75M
Long term debt 8909.11M 6481.97M 3901.05M 2140.21M 2149.84M
Inventory 327.67M 327.77M 270.45M 478.87M 1.83M
Accounts payable 713.63M 493.51M 289.39M 296.26M 389.51M
Total permanent equity - - - 0.00000M 0.00000M
Noncontrolling interest in consolidated entity - - - 0.00000M 0.00000M
Temporary equity redeemable noncontrolling interests - - - 0.00000M 0.00000M
Accumulated other comprehensive income 89.02M -15.98100M 18.93M 138.37M 128.38M
Additional paid in capital - - - 0.00000M 0.00000M
Common stock total equity - - 0.06M 0.05M 0.05M
Preferred stock total equity - - - 0.00000M 0.00000M
Retained earnings total equity - - - 0.00000M 0.00000M
Treasury stock - - - -349.52300M -337.68300M
Accumulated amortization - - - 0.00000M 0.00000M
Non currrent assets other 552.07M 1965.69M 1656.64M 368.04M 245.27M
Deferred long term asset charges - - - 0.00000M 0.00000M
Non current assets total 19896.13M 17770.92M 13318.15M 9045.52M 6472.61M
Capital lease obligations 4833.47M 4255.84M 2189.74M 2140.96M 985.69M
Long term debt total - - - 3037.14M 2915.83M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -3559.25200M -3772.61300M -3889.17400M -1611.98300M -304.84600M
Change to liabilities 264.51M 188.27M -8.12100M 9.56M 36.74M
Total cashflows from investing activities -3559.25200M -3772.61300M -3889.17400M -1611.98300M -304.84600M
Net borrowings 2298.08M 2658.09M 555.26M 509.25M -259.32700M
Total cash from financing activities 2136.00M 967.58M 4163.26M 557.12M -19.90100M
Change to operating activities 491.70M -174.15900M -377.17500M 200.60M 56.98M
Net income -761.99400M 515.10M -2680.25900M -181.24600M -186.73600M
Change in cash 1281.02M -1407.96400M 759.26M -303.84400M 465.55M
Begin period cash flow 1708.47M 3116.44M 2357.18M 2661.02M 2195.47M
End period cash flow 2989.49M 1708.47M 3116.44M 2357.18M 2661.02M
Total cash from operating activities 2602.29M 1387.92M 714.24M 707.36M 704.97M
Issuance of capital stock 0.00000M 0.00000M 3738.75M 0.57M 42.71M
Depreciation 1595.94M 1267.58M 988.98M 772.21M 634.61M
Other cashflows from investing activities -0.50000M -45.87200M 181.04M -36.70400M 0.41M
Dividends paid - - -3098.69300M -2267.63000M 0.00000M
Change to inventory - 378.18M -289.68200M -247.81500M -1.12400M
Change to account receivables -381.19400M -533.32300M -171.60800M -156.13400M -68.80900M
Sale purchase of stock 0.00000M -1701.80700M -132.49300M -21.61800M 0.43M
Other cashflows from financing activities 2734.31M 5408.12M 6425.50M 4462.61M 406.32M
Change to netincome 1237.36M 115.84M 2944.26M 128.30M 260.55M
Capital expenditures 3052.90M 2734.21M 2503.42M 1275.35M 453.09M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital 594.05M -507.04000M -509.65500M -10.85600M 14.88M
Stock based compensation 118.17M 320.01M 136.80M 43.92M 59.54M
Other non cash items 1038.23M -208.05200M 2800.88M 148.22M 202.46M
Free cash flow -450.60900M -1346.29100M -1789.18000M -567.99200M 251.87M

Fundamentals

  • Previous Close 1.58
  • Market Cap414.11M
  • Volume997884
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA1999.06M
  • Revenue TTM7395.12M
  • Revenue Per Share TTM49.96
  • Gross Profit TTM 1358.26M
  • Diluted EPS TTM-0.25

Peer Comparison

Sector: Technology Industry: Information Technology Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
VNET
VNET Group Inc DRC
0.08 5.06% 1.66 - 2000.00 0.06 0.50 0.33 1.27
ACN
Accenture plc
-4.54 1.45% 309.00 32.82 27.93 3.32 8.03 3.23 19.64
IBM
International Business Machines
-15.19 8.25% 168.91 20.85 16.29 2.43 6.44 3.21 13.87
FI
Fiserv Inc.
1.04 0.68% 153.29 28.20 15.58 4.24 2.70 5.45 13.13
INFY
Infosys Ltd ADR
-0.03 0.18% 17.01 25.55 22.78 4.20 8.01 4.10 15.87

Reports Covered

Stock Research & News

Profile

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

VNET Group Inc DRC

Guanjie Building, Beijing, China, 100016

Key Executives

Name Title Year Born
Mr. Sheng Chen Co-Founder & Exec. Chairman 1969
Mr. Jeff Dong Pres & CEO NA
Mr. Tim Chen Chief Financial Officer 1975
Xinyuan Liu Director of Investor Relations NA
Mr. Wing-Dar Ker Sr. VP 1961
Mr. Shiqi Wang Rotating CEO Member of 21Vianet Group & CEO of Wholesale IDC Bus. Group 1977
Mr. Chenggang Shen Sr. VP and GM of East & South China Bus. 1982
Mr. Liang Zhao Sr. VP and GM of North China Bus. 1976
Mr. Qihang Liu Sr. VP & CEO of VNET Blue Cloud 1972

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