Market closedADR
VNET Group/$VNET
14:30
16:10
17:45
19:25
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1D1W1MYTD1Y5YMAX
About VNET Group
VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of June 2024, it had 48,516 self-built retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 358 MW of wholesale capacity in service with a further 297 MW under construction and a further 489 MW held for future development.
Ticker
$VNET
Sector
Trading on
Industry
IT Services
Headquarters
Employees
3,038
Website
VNET Group Metrics
BasicAdvanced
$3.9B
-
-$1.43
-0.20
-
Price and volume
Market cap
$3.9B
Beta
-0.2
52-week high
$16.13
52-week low
$1.42
Average daily volume
8.5M
Financial strength
Current ratio
0.83
Quick ratio
0.445
Long term debt to equity
198.71
Total debt to equity
245.457
Interest coverage (TTM)
0.23%
Management effectiveness
Return on assets (TTM)
0.19%
Return on equity (TTM)
-31.71%
Valuation
Price to revenue (TTM)
3.2
Price to book
0.62
Price to tangible book (TTM)
0.89
Price to free cash flow (TTM)
-10.575
Growth
Revenue change (TTM)
6.98%
Earnings per share change (TTM)
477.26%
3-year revenue growth (CAGR)
10.95%
3-year earnings per share growth (CAGR)
10.00%
What the Analysts think about VNET Group
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for VNET Group stock.
VNET Group Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
VNET Group Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
VNET Group News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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FAQs
What’s the current market cap for VNET Group stock?
VNET Group (VNET) has a market cap of $3.9B as of February 22, 2025.
What is the P/E ratio for VNET Group stock?
The price to earnings (P/E) ratio for VNET Group (VNET) stock is 0 as of February 22, 2025.
Does VNET Group stock pay dividends?
No, VNET Group (VNET) stock does not pay dividends to its shareholders as of February 22, 2025.
When is the next VNET Group dividend payment date?
VNET Group (VNET) stock does not pay dividends to its shareholders.
What is the beta indicator for VNET Group?
VNET Group (VNET) has a beta rating of -0.2. This means that it has an inverse relation to market volatility.