VNET Group Past Earnings Performance

Past criteria checks 0/6

VNET Group's earnings have been declining at an average annual rate of -12.8%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 14.9% per year.

Key information

-12.8%

Earnings growth rate

2.0%

EPS growth rate

IT Industry Growth14.0%
Revenue growth rate14.9%
Return on equity-31.7%
Net Margin-28.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How VNET Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:217A Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,911-2,2481,303271
30 Jun 247,677-2,6171,265299
31 Mar 247,505-2,9131,279318
31 Dec 237,413-2,6441,177322
30 Sep 237,395-265868326
30 Jun 237,322-640890318
31 Mar 237,226-784955314
31 Dec 227,065-776990307
30 Sep 226,930-7451,193286
30 Jun 226,676-1631,158266
31 Mar 226,4486701,133228
31 Dec 216,1904941,116188
30 Sep 215,793-511892168
30 Jun 215,478-570857140
31 Mar 215,125-3,149806125
31 Dec 204,829-3,203773113
30 Sep 204,529-2,18169496
30 Jun 204,264-2,34865592
31 Mar 204,008-32763587
31 Dec 193,789-18262389
30 Sep 193,643-28063087
30 Jun 193,532-24064789
31 Mar 193,472-23264793
31 Dec 183,401-20563492
30 Sep 183,26556661298
30 Jun 183,281-779673112
31 Mar 183,331-782749133
31 Dec 173,393-915814149
30 Sep 173,528-2,042981158
30 Jun 173,610-8011,060156
31 Mar 173,642-8011,116146
31 Dec 163,642-8441,110149
30 Sep 163,725-4901,052152
30 Jun 163,681-418990152
31 Mar 163,637-466952151
31 Dec 153,634-420960143
30 Sep 153,505-486952141
30 Jun 153,359-384901137
31 Mar 153,151-301778131
31 Dec 142,876-356781122
30 Sep 142,568-179624103
30 Jun 142,154-6838784
31 Mar 142,117-21248887
31 Dec 131,967-4834178

Quality Earnings: 217A is currently unprofitable.

Growing Profit Margin: 217A is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 217A is unprofitable, and losses have increased over the past 5 years at a rate of 12.8% per year.

Accelerating Growth: Unable to compare 217A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 217A is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8.5%).


Return on Equity

High ROE: 217A has a negative Return on Equity (-31.75%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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