VNET

VNET Group Stock Price

Symbol: NasdaqGS:VNETMarket Cap: US$2.2bCategory: Software

VNET Share Price Performance

VNET Community Fair Values

Recent VNET News & Updates

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VNET Group, Inc. Key Details

CN¥8.6b

Revenue

CN¥6.6b

Cost of Revenue

CN¥2.0b

Gross Profit

CN¥1.9b

Other Expenses

CN¥117.6m

Earnings

Last Reported Earnings
Mar 31, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
0.44
Gross Margin
23.08%
Net Profit Margin
1.37%
Debt/Equity Ratio
225.4%

VNET Group, Inc. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About VNET

Founded
1996
Employees
2581
CEO
Sheng Chen
WebsiteView website
www.vnet.com

VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company 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; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides 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. In addition, the company offers 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 1996 and is headquartered in Beijing, China.

Chinese Market Performance

  • 7 Days: 2.3%
  • 3 Months: 12.0%
  • 1 Year: 32.6%
  • Year to Date: 12.5%
The market has climbed by 2.3% over the past week, with every sector up and the Materials sector leading the way. The market is up 33% over the last 12 months. As for the next few years, earnings are expected to grow by 24% per annum. Market details ›
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